Bandhan Floater Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The Bandhan Floater Fund Direct-Growth is a 4 yrs 11 m old fund and has delivered average annual returns of 6.39% since inception. Bandhan Floater Fund Direct-Growth Returns 1-Year 3-Year Since Inception 7.31% 7.75% 6.39%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.5916-0.05% 1 day change	6.39% p.a.	App exclusive #NA View Ranked Funds	₹298 Cr

Historical NAV & returns

NAV: ₹13.5916 as on Feb 02, 2026

This fund Category average

Bandhan Floater Fund overview

Expense ratio	0.12% as on Feb 02, 2026
Exit load	0%
AUM (Fund size)	₹298 Cr
Lock-in Period	Nil
Age	4 yrs 11 m since Feb 10, 2021
Benchmark	NIFTY SD Debt Index A-II
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bandhan Floater Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.04%	0.2%
3 Months	0.78%	0.9%
6 Months	2.11%	2.27%
1 Year	7.31%	7.33%
2 Years	7.93%	7.94%
3 Years	7.75%	7.92%
4 Years	6.98%	7.17%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 40.58%

SOV 25.3%

AA 15.19%

AA+ 13.58%

Top Debt Holdings

GOI 25.3%

Indian Railway Finance Corporation Ltd. 8.55%

National Bank For Agriculture & Rural Development 8.5%

IndiGrid Infrastructure Trust 8.41%

Allocation by Instruments

Non Convertible Debenture 33.85%

GOI Securities 25.3%

Debenture 21.919999999999998%

Bonds 8.5%

Other Holdings

Others 3.26%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Floater Fund	0.04%	2.11%	7.31%	7.75%	N.A.	N.A.
Franklin India Floating Rate Fund	0.26%	2.41%	8.35%	8.49%	6.92%	6.98%
HDFC Floating Rate Debt Fund	0.15%	2.5%	7.57%	8.05%	6.77%	7.47%
UTI Floater Fund	0.17%	2.47%	7.0%	7.32%	6.16%	4.92%
Aditya Birla Sun Life Floating Rate Fund	0.17%	2.63%	7.41%	7.78%	6.64%	7.45%
ICICI Prudential Floating Interest Fund	0.19%	2.98%	8.03%	8.45%	7.0%	7.89%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Floater Fund	0.98	1.21	1.43	2.08
Franklin India Floating Rate Fund	0.99	0.88	2.09	2.71
HDFC Floating Rate Debt Fund	0.68	0.84	2.43	3.33
UTI Floater Fund	0.64	0.76	1.49	1.94
Aditya Birla Sun Life Floating Rate Fund	0.55	0.74	2.5	3.26
ICICI Prudential Floating Interest Fund	0.69	0.6	2.98	5.01

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Floater Fund	N.A.	298 Cr	4 yrs 11 m	0.12%
Franklin India Floating Rate Fund	N.A.	305 Cr	13 yrs 1 m	0.25%
HDFC Floating Rate Debt Fund	N.A.	16,224 Cr	13 yrs 1 m	0.27%
UTI Floater Fund	N.A.	1,580 Cr	7 yrs 3 m	0.42%
Aditya Birla Sun Life Floating Rate Fund	N.A.	13,416 Cr	13 yrs 1 m	0.24%
ICICI Prudential Floating Interest Fund	N.A.	7,282 Cr	13 yrs 1 m	0.3%

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.66 vs. 4.3 Underperformed at beating benchmark
Sharpe	1.43 vs. 5.0 Poor risk-adjusted returns
Beta	1.21 vs. 2.1 Less sensitive to market ups & downs
Standard deviation	0.98 vs. 0.93 More volatile performance

About this fund

About Bandhan Floater Fund

Bandhan Floater Fund Direct-Growth is a Floater mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 4 yrs 11 m, having been launched on 10/02/2021. Bandhan Floater Fund Direct-Growth has ₹298 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Floater Fund Direct-Growth as of 02/02/2026 is ₹13.59. The fund has an expense ratio of 0.12%, which is less than what most other Floater funds charge.

Bandhan Floater Fund Direct-Growth returns of last 1-year are 7.38%. Since launch, it has delivered 6.38% average annual returns.
Bandhan Floater Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Indian Railway Finance Corporation Ltd., National Bank For Agriculture & Rural Development, IndiGrid Infrastructure Trust, Bajaj Finance Ltd..

...

Fund AUM	298 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Brijesh Shah

Mr. Shah is a Post Graduate Diploma in Finance. Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.

Debraj Lahiri

Mr. Lahiri has done B.Tech and MBA Prior to joining Bandhan Mutual Fund, he has worked with ICICI Prudential AMC Ltd, Invesco Asset Management (India) Pvt. Ltd, CARE Ratings and Bank of Baroda

Investment objective

The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.

Bandhan Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	1,99,722 Cr as on Dec 31, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Bandhan Crisil IBX Gilt April 2032 Index Fund	N.A.	438 Cr	6.85%	N.A.
Bandhan Gilt Fund with 10 year Constant Duration Fund	N.A.	340 Cr	6.35%	8.01%
Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund	N.A.	420 Cr	6.01%	7.89%
Bandhan CRISIL IBX 90:10 SDL Plus Gilt-September 2027 Index Fund	N.A.	150 Cr	7.61%	7.8%
Bandhan CRISIL IBX Gilt April 2028 Index Fund	N.A.	4,192 Cr	7.73%	7.77%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Floater Fund Direct-Growth?

The current Net Asset Value (NAV) of the Bandhan Floater Fund - Direct Growth plan is approximately ₹13.5916 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Bandhan Floater Fund Direct-Growth is a 4 yrs 11 m old fund and has delivered average annual returns of 6.39% since inception.

Bandhan Floater Fund Direct-Growth Returns

1-Year	3-Year	Since Inception
7.31%	7.75%	6.39%

How much does this mutual fund charge as expense ratio?

The Bandhan Floater Fund - Direct Growth has an expense ratio of 0.12%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bandhan Floater Fund currently has assets under management (AUM) or fund size valued at approximately 298 Cr as on Dec 31, 2025.

To whom does Bandhan Floater Fund lend to?

The top 3 debt holdings of Bandhan Floater Fund are as follows

Holding Name	Percentage of Portfolio
GOI	25.3%
Indian Railway Finance Corporation Ltd.	8.55%
National Bank For Agriculture & Rural Development	8.5%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Floater Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	40.58%
SOV	25.3%
AA	15.19%

What is risk level of Bandhan Floater Fund?

This is a Floater fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bandhan Floater Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bandhan Floater Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Bandhan Floater Fund is complete.

How can I redeem my investments in Bandhan Floater Fund?

Redeeming your investments in the Bandhan Floater Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Floater

#NA

Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Floater funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.