Bandhan Floating Rate Fund Direct Growth
DebtFloating RateModerate Risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹321 Cr
Expense Ratio
0.31%
ISIN
INF194KB1BA5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
22 Feb 2021
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹12.53, Assets Under Management (AUM) of 320.89 Crores, and an expense ratio of 0.31%.
- Bandhan Floating Rate Fund Direct Growth has given a CAGR return of 6.07% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 87.24% in debts, and 12.47% in cash & cash equivalents.
- You can start investing in Bandhan Floating Rate Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.44%
+8.21% (Cat Avg.)
3 Years
+6.59%
+6.52% (Cat Avg.)
Since Inception
+6.07%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹279.96 Cr | 87.24% |
| Others | ₹40.93 Cr | 12.76% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Interest Rate Swaps (09/01/2025) | Interest Rate Swap | ₹185 Cr | 58.00% |
| Interest Rate Swaps (09/01/2025) | Interest Rate Swap | ₹-184.99 Cr | 58.00% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹41.15 Cr | 12.90% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹30.75 Cr | 9.64% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹30.67 Cr | 9.61% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹24.94 Cr | 7.82% |
| Nirma Limited | Bond - Corporate Bond | ₹15.15 Cr | 4.75% |
| Au Small Finance Bank Limited | Bond - Corporate Bond | ₹15.13 Cr | 4.74% |
| Tata Projects Limited | Bond - Corporate Bond | ₹15.09 Cr | 4.73% |
| Godrej Housing Finance Limited | Bond - Corporate Bond | ₹15.08 Cr | 4.73% |
| Century Textiles And Industried Limited | Bond - Corporate Bond | ₹15.01 Cr | 4.71% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹10.2 Cr | 3.20% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹10.07 Cr | 3.16% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹10.05 Cr | 3.15% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹10.04 Cr | 3.15% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹10.02 Cr | 3.14% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹10.02 Cr | 3.14% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹10 Cr | 3.13% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹9.97 Cr | 3.13% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹9.83 Cr | 3.08% |
| Net Current Assets | Cash | ₹8.11 Cr | 2.54% |
| Triparty Repo Trp_161224 | Cash - Repurchase Agreement | ₹6.62 Cr | 2.08% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹5.01 Cr | 1.57% |
| Interest Rate Swaps (30/12/2024) | Interest Rate Swap | ₹5 Cr | 1.57% |
| Interest Rate Swaps (30/12/2024) | Interest Rate Swap | ₹-5 Cr | 1.57% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹5 Cr | 1.57% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.91 Cr | 0.29% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0.09 Cr | 0.03% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Interest Rate Swap | ₹0.01 Cr | 119.14% |
| Bond - Corporate Bond | ₹190.43 Cr | 59.70% |
| Bond - Gov't/Treasury | ₹112.77 Cr | 35.36% |
| Cash | ₹8.11 Cr | 2.54% |
| Cash - Repurchase Agreement | ₹6.71 Cr | 2.10% |
| Mutual Fund - Open End | ₹0.91 Cr | 0.29% |
Risk & Performance Ratios
Standard Deviation
This fund
0.84%
Cat. avg.
1.12%
Lower the better
Sharpe Ratio
This fund
0.44
Cat. avg.
0.25
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.58
Higher the better
Fund Managers
Brijesh Shah
Since March 2024
Debraj Lahiri
Since March 2024
Additional Scheme Detailsas of 15th December 2024
ISIN INF194KB1BA5 | Expense Ratio 0.31% | Exit Load No Charges | Fund Size ₹321 Cr | Age 3 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Low Duration Debt Index TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| DSP Floater Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹718.95 Cr | 9.4% |
| DSP Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹718.95 Cr | 9.1% |
| Axis Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹170.82 Cr | 9.6% |
| Axis Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹170.82 Cr | 9.2% |
| Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹294.95 Cr | 8.3% |
| Nippon India Floating Rate Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹7723.15 Cr | 8.2% |
| ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹8202.35 Cr | 8.2% |
| HDFC Floating Rate Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14849.76 Cr | 8.6% |
| Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹294.95 Cr | 9.1% |
| Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13429.93 Cr | 8.2% |
About the AMC
Bandhan Mutual Fund
Total AUM
₹1,62,815 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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- Brijesh Shah
- Debraj Lahiri
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