DebtFloater FundDirectIDCWModerate

Bandhan Floater Fund

Q: What is the NAV of Bandhan Floater Fund?

As of 20 Aug 2026, the NAV of Bandhan Floater Fund is ₹10.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bandhan Floater Fund delivered?

Bandhan Floater Fund has returned -0.10% over 1 year, +0.49% per year over 3 years, +0.53% per year over 5 years and +0.89% 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 Floater Fund?

Bandhan Floater Fund charges an expense ratio of 0.10% 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 Floater Fund?

Its largest holdings are GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 (15.6%), INDIGRID INFRASTRUCTURE TRUST SR AD 7.04 NCD 27SP28 FVRS1LAC (9.0%), BAJAJ HOUSING FINANCE LIMITED 7.02 NCD 26MY28 FVRS1LAC (9.0%), CENTURY TEXTILES AND INDUSTRIES LIMITED 8.35 NCD 30AG27 FVRS1LAC (6.8%) and TATA PROJECTS LIMITED SR Q 8.25 NCD 28AP27 FVRS1LAC (6.8%). Holdings are disclosed monthly and change over time.

Q: How risky is Bandhan Floater Fund?

It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.1% and its worst peak-to-trough fall in our sample was -7.6%. 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 -0.85 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Floater Fund's -0.85 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Bandhan Floater Fund?

Bandhan Floater 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 Floater Fund?

Bandhan Floater Fund is managed by Brijesh Shah and Debraj Lahiri at Bandhan.

Q: How is Bandhan Floater Fund taxed?

Bandhan Floater 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 · Best Floater Mutual Funds

NAV

₹10.50

-0.14% 1D

as of 20 Aug 2026

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+7.94% 3Y CAGR)

NAV history

-0.05%CAGR

52-week rangePrev NAV ₹10.52

Latest ₹10.50

Low ₹10.1450th percentile of its 52-week rangeHigh ₹10.87

Scorecard

★★★☆☆3/5 vs 34 of 33 Floater 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 Floater Fund (same plan and option). 34 of the 33 Floater Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +0.49% · ranks 18 of 33 Floater Funds

RiskHigh

Volatility 7.1% vs 1.4% category avg

CostLow

0.1% expense vs 0.3% 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

Low expense ratio (0.10%) vs the Floater Fund average of 0.27%
Consistent — positive in 100% of rolling 3-year windows

Concerns

1-year return (-0.10%) trails the Floater Fund average (+2.83%)
3-year return (+0.49%) trails the Floater Fund average (+3.56%)
5-year return (+0.53%) trails the Floater Fund average (+2.94%)
More volatile than its Floater Fund peers (7.1% vs 1.4%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.27%

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

Category —

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

-0.85

Category -1.63▲0.78

Scheme Info

Definitions

Plan

Direct · IDCW

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

Exit Load

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

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

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)

+0.53%

Absolute return over the last 3 months (not annualized)

+2.85%

Absolute return over the last 6 months (not annualized)

-2.99%

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

-2.38%

Annualized returns (≥1Y — CAGR)

Definitions

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

-0.10%

3-year annualized return (CAGR)

+0.49%

5-year annualized return (CAGR)

+0.53%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+0.89%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

7.08%

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

-0.85

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

-0.85

Largest peak-to-trough decline over full history

-7.61%

Benchmark ratios

Not shown for Floater 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 (Floater Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.53%	+0.19%	+0.34%
3M abs	+2.85%	+1.33%	+1.52%
6M abs	-2.99%	+1.39%	-4.38%
1Y CAGR	-0.10%	+2.83%	-2.93%
3Y CAGR	+0.49%	+3.56%	-3.07%
5Y CAGR	+0.53%	+2.94%	-2.41%

Category average across peers in Floater Fund (up to 33 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 33 peers in Floater Fund

1Y return

-0.10%

Beats 30.3% · rank #24

3Y return

+0.49%

Beats 48.5% · rank #18

5Y return

+0.53%

Beats 50% · rank #17

Sharpe

-0.85

Beats 50% · rank #16

Sortino

-0.85

Beats 50% · rank #16

Rolling returns

Return for every possible 1Y holding period, not just today’s

Average

+0.7%

Median

+0.6%

Best

+4.3%

Worst

-1.9%

Positive periods

66.7%

54 overlapping 1Y windows, sampled monthly across the fund’s history.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-7.6%24 Mar 2025 → 02 Apr 2026
Still below that high — 12 months down, and no recovery yet.
-6.5%27 Mar 2024 → 28 Mar 2024
Fell over 1 day, back to the old high on 21 Jan 2025 — 10 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Calendar-year returns

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

Year	Fund
2026part	-2.34%
2025	+0.03%
2024	+1.30%
2023	+2.52%
2022	-0.01%
2021part	+3.48%

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.

Fund size over time

Quarterly average AUM · AMFI

₹228.73Cr

April - June 2026

-17%

since January - March 2026

Down +17% from its peak of ₹274.47Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

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

₹6.04L

Absolute

+0.72%

XIRR

+0.29%

Value vs. invested

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

History points

1,338

Expense ratio

AUM

Portfolio turnover

Exit load

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 · Floater Fund

Compare all


Bandhan Floater FundThis fund Bandhan	★★★☆☆	-0.10%	+0.49%	+0.53%	—	0.10%	₹228.73Cr
ICICI Prudential Floating Interest Fund - Direct Plan - IDCW Others ICICI Prudential	★★★★★	+6.83%	+8.00%	+6.28%	—	0.29%	₹1.44Cr
Axis Floater Fund Axis	★★★★★	+7.38%	+7.99%	+6.69%	—	0.23%	₹145.64Cr
DSP Floater Fund DSP	★★★★★	+5.87%	+7.91%	+6.76%	—	0.29%	₹331.10Cr
KOTAK FLOATING RATE FUND - Direct Plan - Standard Kotak Mahindra	★★★★★	+6.14%	+7.85%	+6.57%	—	0.25%	₹3,438Cr
SBI Floating Rate Debt Fund SBI	★★★★☆	+6.57%	+7.75%	+6.78%	—	0.28%	₹683.31Cr

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 Floater Fund?

As of 20 Aug 2026, the NAV of Bandhan Floater Fund is ₹10.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bandhan Floater Fund delivered?

Bandhan Floater Fund has returned -0.10% over 1 year, +0.49% per year over 3 years, +0.53% per year over 5 years and +0.89% 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 Floater Fund?

Bandhan Floater Fund charges an expense ratio of 0.10% 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 Floater Fund?

Its largest holdings are GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 (15.6%), INDIGRID INFRASTRUCTURE TRUST SR AD 7.04 NCD 27SP28 FVRS1LAC (9.0%), BAJAJ HOUSING FINANCE LIMITED 7.02 NCD 26MY28 FVRS1LAC (9.0%), CENTURY TEXTILES AND INDUSTRIES LIMITED 8.35 NCD 30AG27 FVRS1LAC (6.8%) and TATA PROJECTS LIMITED SR Q 8.25 NCD 28AP27 FVRS1LAC (6.8%). Holdings are disclosed monthly and change over time.

How risky is Bandhan Floater Fund?

It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.1% and its worst peak-to-trough fall in our sample was -7.6%. 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 -0.85 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Floater Fund's -0.85 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Bandhan Floater Fund?

Bandhan Floater 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 Floater Fund?

Bandhan Floater Fund is managed by Brijesh Shah and Debraj Lahiri at Bandhan.

How is Bandhan Floater Fund taxed?

Bandhan Floater 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.