DebtFloating Interest Rates FundRegularGrowthModerate

Bandhan Floating Interest Rates Fund

Q: What is the NAV of Bandhan Floating Interest Rates Fund?

As of 01 Oct 2026, the NAV of Bandhan Floating Interest Rates Fund is ₹13.85 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bandhan Floating Interest Rates Fund delivered?

Bandhan Floating Interest Rates Fund has returned +5.75% over 1 year, +7.19% per year over 3 years, +6.22% per year over 5 years and +5.97% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund charges an expense ratio of 0.77% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund's largest holdings are 7.04% IndiGrid Infrastructure Trust (8.7%), 7.02% Bajaj Housing Finance Limited (8.7%), 8.35% Aditya Birla Real Estate Limited (6.6%), 8.25% Tata Projects Limited (6.6%) and 7.44% National Bank For Agriculture and Rural Development (6.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.0% and its worst peak-to-trough fall in our sample was -0.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.70 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Floating Interest Rates Fund's 0.70 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund is benchmarked against the NIFTY Medium Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.

Q: Who manages Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund is managed by Brijesh Shah and Debraj Lahiri at Bandhan.

Q: How is Bandhan Floating Interest Rates Fund taxed?

Bandhan Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Bandhan Mutual Fund

NAV

₹13.85

-0.02% 1D

as of 01 Oct 2026

This is the Regular plan of Bandhan Floating Interest Rates Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+5.88%CAGR

52-week rangePrev NAV ₹13.85

Latest ₹13.85

Low ₹13.0997th percentile of its 52-week rangeHigh ₹13.87

Scorecard

★☆☆☆☆1/5 vs 12 Floating Interest Rates Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Floating Interest Rates Fund (same plan and option).

PerformanceAverage

3Y CAGR +7.19% · ranks 7 of 12 Floating Interest Rates Funds

RiskModerate

Volatility 1.0% vs 0.9% category avg

CostHigh

0.8% expense vs 0.6% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

High expense ratio (0.77%) vs the Floating Interest Rates Fund average of 0.64%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.77%

Category 0.64%▲0.13%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.70

Category 0.76▼0.06

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

NIFTY Medium Duration Debt Index A-III

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

22 Feb 2021

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.23%

Absolute return over the last 3 months (not annualized)

+0.74%

Absolute return over the last 6 months (not annualized)

+3.53%

Absolute return since 1 Jan of this year (not annualized)

+4.40%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.75%

3-year annualized return (CAGR)

+7.19%

5-year annualized return (CAGR)

+6.22%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+5.97%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.99%

Excess return per unit of total volatility (rf = 6.5%)

0.70

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

1.04

Largest peak-to-trough decline over full history

-0.70%

Benchmark ratios

Not shown for Floating Interest Rates Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Floating Interest Rates Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.23%	+0.18%	+0.05%
3M abs	+0.74%	+0.84%	-0.10%
6M abs	+3.53%	+3.14%	+0.39%
1Y CAGR	+5.75%	+5.59%	+0.16%
3Y CAGR	+7.19%	+7.18%	+0.01%
5Y CAGR	+6.22%	+6.37%	-0.15%

Category average across peers in Floating Interest Rates Fund (up to 11 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 11 peers in Floating Interest Rates Fund

1Y return

+5.75%

Beats 63.6% · rank #5

3Y return

+7.19%

Beats 45.5% · rank #7

5Y return

+6.22%

Beats 9.1% · rank #11

Sharpe

0.70

Beats 36.4% · rank #8

Sortino

1.04

Beats 36.4% · rank #8

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.09L

Absolute

+18.17%

XIRR

+6.83%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Bandhan Floating Interest Rates Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+4.40%
2025	+7.58%
2024	+7.95%
2023	+6.76%
2022	+3.71%
2021part	+3.12%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio up: 0.71% → 0.77%
05 Oct 2026

History points

1,366

Expense ratio

0.77%

YTM (from holdings)

7.81%

Average maturity

2.68 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Floating Interest Rates Fund

Compare all


Bandhan Floating Interest Rates FundThis fund Bandhan · Regular · Growth	★☆☆☆☆	+5.75%	+7.19%	+6.22%	—	0.77%	—
Axis Floating Interest Rates Fund Axis · Regular · Growth	★★★★☆	+6.27%	+7.89%	+6.77%	—	0.53%	—
DSP Floating Interest Rates Fund DSP · Regular · Growth	★★★★☆	+4.94%	+7.33%	+6.34%	—	0.57%	—
Kotak Floating Interest Rates Fund Kotak Mahindra · Regular · Growth	★★★☆☆	+5.28%	+7.23%	+6.27%	—	0.62%	—
Franklin India Floating Interest Rates Fund Franklin Templeton · Regular · Growth	★★☆☆☆	+5.73%	+7.23%	+6.41%	—	0.95%	—
HDFC Floating Interest Rates Fund HDFC · Regular · Growth	★★★★★	+5.50%	+7.22%	+6.58%	—	0.50%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt91.72%
Cash & Equivalents8.28%

AMC Profile

Bandhan Mutual Fund is the former IDFC Mutual Fund, bought in 2022 by a consortium of Bandhan Financial Holdings, ChrysCapital and GIC and renamed the following year. It carries a long-established debt franchise alongside its equity and index schemes.

Launched

19 Dec 1999

Total AUM

₹2,04,046Cr+4.5% QoQ

Avg AUM · April - June 2026

Website

bandhanmutual.com

Fund Managers

BSBrijesh ShahStart date not disclosed

Role

Senior Vice President – Fixed Income

Education

Post Graduate Diploma in Finance

Experience

Mr Shah is associated with Bandhan AMC since August 2015 as part of the Fixed Income Team and will now be handling investments and fixed income Bandhan US Treasury Bond 0-1 year – fund management. Prior experience: · IDBI Asset Management Ltd. – Dealing in Fixed income (Jan.2013 to Aug.2015) · India Bulls Asset Management Ltd. – Dealing in Fixed income (Jun.2011 to Dec.2012) · Mata Securities - Relationship Manager, Wholesale Debt Market (Jun.2010 to Jun.2011) · Twenty First Century - Relationship Manager, Wholesale Debt Market (Jan.2009 to May2010) (Total experience – 15 years)

Funds managed (42)

All schemes Brijesh Shah runs →

DLDebraj LahiriStart date not disclosed

Experience

Mr. Debraj Lahiri joined Bandhan AMC on April 03, 2023 as Fund Manager and Vice President - Credit Research, Fixed Income. He was earlier associated with ICICI Prudential Asset Management Company Limited as Credit Analyst from February 2018 to March 2023 and with Invesco Asset Management India Private Limited from August 2013 to February 2018 as Credit Analyst and was responsible for Credit appraisal of entities belonging to diverse sectors for the purpose of investments by fixed income and hybrid funds. Prior to that, he was associated with CARE Ratings from September 2010 to August 2013 as Credit Rating Analyst and handled credit rating of corporates belonging to diverse sectors. (Total experience - 14 years)

Funds managed (3)

All schemes Debraj Lahiri runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Brijesh Shah Debraj Lahiri

Bandhan in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of Bandhan Floating Interest Rates Fund?

As of 01 Oct 2026, the NAV of Bandhan Floating Interest Rates Fund is ₹13.85 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bandhan Floating Interest Rates Fund delivered?

Bandhan Floating Interest Rates Fund has returned +5.75% over 1 year, +7.19% per year over 3 years, +6.22% per year over 5 years and +5.97% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund charges an expense ratio of 0.77% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund's largest holdings are 7.04% IndiGrid Infrastructure Trust (8.7%), 7.02% Bajaj Housing Finance Limited (8.7%), 8.35% Aditya Birla Real Estate Limited (6.6%), 8.25% Tata Projects Limited (6.6%) and 7.44% National Bank For Agriculture and Rural Development (6.6%). Holdings are disclosed monthly and change over time.

How risky is Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.0% and its worst peak-to-trough fall in our sample was -0.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.70 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Floating Interest Rates Fund's 0.70 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund is benchmarked against the NIFTY Medium Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.

Who manages Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund is managed by Brijesh Shah and Debraj Lahiri at Bandhan.

How is Bandhan Floating Interest Rates Fund taxed?

Bandhan Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.