- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Performance
Monthly SIP of ₹ for
Below table shows comparison of Bandhan Floating Rate Fund with respect to the investments in Fixed Deposit and Gold for the
Total investment of
₹36,000 over the period of 3 years.
| Total Value | Gain | Return % | |
|---|---|---|---|
| This Fund | 40,068 |
4,068 |
7.06% |
| Bank FD | 39,824 |
3,824 |
6.5% |
| Gold | 40,770 |
4,770 |
8.00% |
Fund Information
-
204.92 Cr.
-
Bandhan Floating Rate Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
0.83%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
Bandhan Floating Rate Fund is an
Debtoriented mutual fund in the
- Floater Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for Bandhan Floating Rate Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
18 Feb 2021as at present it is 4 years old fund.
-
Name of the AMC is
Bandhan Mutual Fund.
Click here to
know moreabout Bandhan Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Bandhan Floating Rate Fund managed by following fund manager(s);
-
-
Sreejith Balasubramanian
Fund ManagerClick here to
view all fundsmanaged by Sreejith Balasubramanian
How does the
Return Comparison of the Bandhan Floating Rate Fund fare against peer funds in the Floater fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Bandhan Floating Rate Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Floater fund category these peer funds belongs to.
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.66% | 1.53% | 6.24% | 6.24% | 7.99% | 5.60% | 5.73% | 7.27% | 7.64% |
| Category Average | 0.47% | 1.12% | 5.26% | 5.26% | 6.91% | 5.14% | 5.28% | 6.74% | 7.25% |
| Bandhan Floating Rate Fund | 0.00% | 0.65% | 1.67% | 4.13% | 7.91% | 7.31% | 6.07% | - | - |
| Axis Floater Fund | -0.38% | 0.65% | 1.02% | 4.18% | 9.23% | 8.07% | 6.89% | - | - |
| HDFC Floating Rate Debt Fund | 0.13% | 0.43% | 1.81% | 4.06% | 8.32% | 7.94% | 6.77% | 6.73% | 7.40% |
| Aditya Birla Sun Life Floating Rate Fund | 0.12% | 0.49% | 1.88% | 3.84% | 7.98% | 7.68% | 6.67% | 6.45% | 7.37% |
| Aditya Birla Sun Life Floating Rate Fund | 0.12% | 0.49% | 1.88% | 3.84% | 7.98% | 7.68% | 6.67% | 6.45% | 7.37% |
| SBI Floating Rate Debt Fund | 0.18% | 0.42% | 1.55% | 3.86% | 8.28% | - | - | - | - |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Bandhan Floating Rate Fund are shown below;
Equity -
Debt 97.01%
Others 3.01%
Top Holdings
| Name of the Instrument | Holding Percentage |
|---|---|
| STATE BANK OF INDIA CD 15MAR24 | 12.10% |
| AXIS BANK LIMITED CD 17MAY24 | 11.93% |
| BHARTI TELECOM LIMITED SR XII 8.6 LOA 05DC24 FVRS10LAC | 9.74% |
| BAJAJ FINANCE LIMITED 6 NCD 10SP24 FVRS10LAC | 9.62% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23C 7.25 LOA 01AG25 FVRS10LAC | 7.25% |
| Others | 49.36% |
Allocation by Instruments
| Type of the Instrument | Holding Percentage |
|---|---|
| CERTIFICATE OF DEPOSIT | 24.03% |
| DEBENTURE | 24.20% |
| BOND | 18.84% |
| GOVERNMENT SECURITIES | 10.79% |
| COMMERCIAL PAPER | 2.42% |
Portfolio Holdings shown is as of 31 Jan 2024
Riskometer
Investors understand that their
principal
will be at Low to Moderate risk