Bandhan Floating Interest Rates Fund

FloaterDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Bandhan Floating Interest Rates Fund is a Floater fund run by Bandhan Mutual Fund. On 30-09-2026, it managed ₹224 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.7% a year and its Regular plan returned 7.1% a year. Its benchmark, NIFTY Medium Duration Debt Index A-III, returned 6.4% a year over the same 3 years.

NAV (Direct plan): ₹14.26; ▲ 0.04%30-10-2026
NAV (Regular plan): ₹13.85; ▲ 0.04%30-10-2026
Expense ratio: 0.14%Direct0.77%Regular; 0.14%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 7.7%Direct7.1%Regular; 7.7%; A year

Bandhan Floating Interest Rates Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹14.26 (up 0.04% that day); Regular Plan Growth ₹13.85 (up 0.04% that day).

This fund (Direct plan)

₹14.2649

Bandhan Floating Interest Rates Fund Returns vs NIFTY Medium Duration Debt Index A-III

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.05%	+0.70%	+3.33%	+5.91%	+7.65%	+6.75%	--
This fund (Regular)	−0.01%	+0.54%	+3.01%	+5.24%	+7.06%	+6.19%	--
NIFTY Medium Duration Debt Index A-III	−0.45%	−0.64%	+1.96%	+2.80%	+6.40%	+5.32%	--
Floater average	−0.01%	+0.56%	+2.76%	+5.43%	+7.47%	+6.73%	--
Best in Floater	+0.19%	+0.99%	+3.44%	+6.14%	+8.24%	+7.15%	--
Worst in Floater	−0.41%	−0.05%	+2.46%	+4.41%	+6.95%	+6.31%	--
Rank in Floater	5/12	4/12	2/12	3/12	3/12	6/12	--

Category rows compare the Direct plans of 12 Floater funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Bandhan Floating Interest Rates Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+4.96%	+4.41%
2025	+8.19%	+7.58%
2024	+8.48%	+7.95%
2023	+7.27%	+6.76%
2022	+4.21%	+3.71%

Bandhan Floating Interest Rates Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 658 periods, one for each trading day from 22-02-2024 to 30-10-2026.

0%2%4%6%8%10%

May 2021
to
May 2024Oct 2021
to
Oct 2024Apr 2022
to
Apr 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026

Bandhan Floating Interest Rates Fund (Direct)Category average, 12 Floater funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	1,143	7.2%	3.0%	10.5%	0%	7.6%	34%
2 years	898	7.8%	4.3%	8.9%	0%	7.8%	27%
3 years	658	7.7%	5.4%	8.2%	0%	7.7%	13%
5 years	167	6.7%	6.4%	6.9%	0%	6.8%	11%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	57	7.2%	2.5%	11.0%	0%	7.5%	40%
2 years	45	7.4%	4.5%	9.7%	0%	7.6%	44%
3 years	33	7.6%	6.1%	9.0%	0%	7.8%	30%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 12 Floater funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Bandhan Floating Interest Rates Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Bandhan Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+5.91%	+5.43%
Standard deviation	1.21%	0.90%
Sharpe ratio	0.55	0.20
Sortino ratio	0.83	0.29
Maximum drawdown	−0.47% (21-05-2026)	−0.32% (21-05-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+7.65%	+7.47%
Standard deviation	0.98%	0.76%
Sharpe ratio	1.66	1.92
Sortino ratio	2.57	3.05
Maximum drawdown	−0.47% (21-05-2026)	−0.32% (21-05-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+6.75%	+6.73%
Standard deviation	0.86%	0.71%
Sharpe ratio	1.10	1.32
Sortino ratio	1.64	1.99
Maximum drawdown	−0.68% (06-05-2022)	−0.51% (06-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Floating Interest Rates Fund (Direct)This fund	Category average
Return (CAGR)	+6.44%	+6.57%
Standard deviation	0.82%	0.69%
Sharpe ratio	1.15	1.58
Sortino ratio	1.73	2.40
Maximum drawdown	−0.68% (06-05-2022)	−0.51% (06-05-2022)

From daily NAVs, 22-02-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−0.8%−0.6%−0.4%−0.2%0%

20222023202420252026

Bandhan Floating Interest Rates Fund (Direct)Category average, 12 Floater funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Bandhan Floating Interest Rates Fund (Direct)	−0.68%	02-05-2022	06-05-2022	27-06-2022	52 days	−0.07%
Category average	−0.51%	02-05-2022	06-05-2022	01-07-2022	56 days	−0.09%

From the Direct plan's daily NAV since 22-02-2021, adjusted for unit splits, and the average of the 12 Floater funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Bandhan Floating Interest Rates Fund vs Other Floater Funds

The five Floater funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Axis Floating Interest Rates Fund	1/12	149	0.22%	+6.06%	+8.24%	--	--	1.07	1.58	Compare
Franklin India Floating Interest Rates Fund	2/12	256	0.38%	+5.89%	+7.92%	--	--	2.37	4.00	Compare
Bandhan Floating Interest Rates Fund	3/12	224	0.14%	+5.91%	+7.65%	--	--	1.66	2.57
ICICI Prudential Floating Interest Rates Fund	4/12	8,658	0.29%	+5.56%	+7.53%	--	--	1.95	3.11	Compare
Kotak Floating Interest Rates Fund	5/12	3,240	0.24%	+5.05%	+7.49%	--	--	1.91	2.98	Compare

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Bandhan Floating Interest Rates Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Floater median	Cost rank (1 = cheapest)
Direct	0.12%	0.00%	0.00%	0.02%	0.14%	0.28%	1/12
Regular	0.67%	0.00%	0.00%	0.10%	0.77%	0.64%	9/12

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Floater funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	5.24%	5.91%	0.67%	₹1,05,240	₹1,05,910
3 years	7.06%	7.65%	0.59% a year	₹1,22,710	₹1,24,750
5 years	6.19%	6.75%	0.56% a year	₹1,35,026	₹1,38,624

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Bandhan Floating Interest Rates Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 22-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planBandhan Floating Interest Rates Fund (Direct)	₹6,90,000	₹8,46,307	₹1,56,307	7.0%
Regular planBandhan Floating Interest Rates Fund (Regular)	₹6,90,000	₹8,32,207	₹1,42,207	6.5%
Category averageCategory average, 12 Floater funds	₹6,90,000	₹8,44,505	₹1,54,505	7.0%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L

20222023202420252026

Direct planBandhan Floating Interest Rates Fund (Direct)Regular planBandhan Floating Interest Rates Fund (Regular)Category averageCategory average, 12 Floater fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Bandhan Floating Interest Rates Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

90.5%Debt

Asset	Fund	Category
Debt	90.5%	93.1%
Cash and others	9.5%	6.9%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 12 Floater funds.

Rating	Fund	Category
Sovereign	4.5%	20.1%
AAA and A1+	48.2%	63.2%
AA	37.9%	9.7%

Bandhan Floating Interest Rates Fund Portfolio Holdings

As on 30-09-2026 · 19 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
7.04% IndiGrid Infrastructure Trust · Bond	CRISIL AAA	8.82%
7.02% Bajaj Housing Finance Limited · Bond	CRISIL AAA	8.79%
8.35% Aditya Birla Real Estate Limited · Bond	CRISIL AA	6.72%
8.25% Tata Projects Limited · Bond	CRISIL AA	6.71%
7.44% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	6.68%
8.1% Aadhar Housing Finance Limited · Bond	CARE AA+	6.65%
7.42% Small Industries Dev Bank of India · Bond	CRISIL AAA	6.64%
7.3763% Bajaj Finance Limited · Bond	CRISIL AAA	6.63%
7.99% Godrej Seeds & Genetics Limited · Bond	CRISIL AA	6.61%
8.4% Godrej Properties Limited · Bond	ICRA AA+	4.48%
7.38% REC Limited · Bond	CRISIL AAA	4.44%
7.24% GOI (MD 18/08/2055) · Government security	SOVEREIGN	4.25%
7.53% National Bank For Agriculture and Rural Development · Bond	ICRA AAA	4.01%
8.9% Muthoot Finance Limited · Bond	CRISIL AA+	2.24%
Muthoot Finance Limited · Bond	CRISIL AA+	2.24%
8.75% Godrej Finance Limited · Bond	CRISIL AA+	2.24%
HDFC Bank Limited · Certificate of deposit	CARE A1+	2.17%
Corporate Debt Market Development Fund Class A2		0.55%
6.68% GOI (MD 07/07/2040) · Government security	SOVEREIGN	0.21%

Bandhan Floating Interest Rates Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
UTI - Corporate Bond FundCorporate Bond · UTI	16.5%	7	Compare
UTI Medium to Long Term FundMedium to Long Duration · UTI	14.9%	5	Compare
Bandhan Credit Risk FundCredit Risk · Bandhan	14.1%	4	Compare
Nippon India Medium to Long Term FundMedium to Long Duration · Nippon India	11.3%	3	Compare
Invesco India Ultra Short to Short Term FundLow Duration · Invesco	10.9%	4	Compare
DSP Ultra Short to Short Term FundLow Duration · DSP	10.9%	7	Compare
Tata Corporate Bond FundCorporate Bond · Tata	10.6%	6	Compare
Kotak Short Term FundShort Duration · Kotak Mahindra	10.0%	4	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Bandhan Floating Interest Rates Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.14%
Expense ratio (Regular): 0.77%
Category: Floater
Risk: Moderate
Benchmark: NIFTY Medium Duration Debt Index A-III
Launch date: 18-02-2021
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹223.51 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 148711
ISIN (Direct): INF194KB1BA5
Scheme code (Regular): 148705
ISIN (Regular): INF194KB1AP5
NAV history: From 22-02-2021, 5.7 years

Exit load: Nil

Tax on Bandhan Floating Interest Rates Fund returns

Bandhan Floating Interest Rates Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹14.2649	30-10-2026
direct	Daily IDCW	₹10.1254	30-10-2026
direct	Monthly IDCW	₹10.1307	30-10-2026
direct	Periodic IDCW	₹13.9503	30-10-2026
direct	Quarterly IDCW	₹10.4473	30-10-2026
direct	Weekly IDCW	₹10.1213	30-10-2026
direct	Annual IDCW	₹10.5427	30-10-2026
regular	Growth	₹13.8481	30-10-2026
regular	Annual IDCW	₹10.4924	30-10-2026
regular	Daily IDCW	₹10.1192	30-10-2026
regular	Monthly IDCW	₹10.1298	30-10-2026
regular	Periodic IDCW	₹13.8496	30-10-2026
regular	Quarterly IDCW	₹10.4083	30-10-2026
regular	Weekly IDCW	₹10.1177	30-10-2026

About Bandhan Floating Interest Rates Fund

Bandhan Floating Interest Rates Fund is a mutual fund from Bandhan Mutual Fund. Its category is Floater. It was launched on 18-02-2021. Its benchmark is NIFTY Medium Duration Debt Index A-III. At the end of September 2026 it held 19 securities.

Fund Manager

Brijesh Shah
Fund manager of Bandhan Floating Interest Rates Fund, since 14-03-2024
Debraj Lahiri
Fund manager of Bandhan Floating Interest Rates Fund, since 14-03-2024

See all funds of Bandhan Mutual Fund

AUM change

September 2026: ₹223.51 Cr; First month on file

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Bandhan Floating Interest Rates Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Bandhan Floating Interest Rates Fund

What is the current NAV of Bandhan Floating Interest Rates Fund?

The Direct plan NAV is ₹14.2649. The Regular plan NAV is ₹13.8481, as on 30-10-2026.

What are the returns of Bandhan Floating Interest Rates Fund?

The Direct plan returned +5.91% in 1 year, +7.65% a year over 3 years, +6.75% a year over 5 years. The Regular plan returned +5.24% in 1 year, +7.06% a year over 3 years, +6.19% a year over 5 years. These figures are as on 30-10-2026.

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

The Direct plan charges 0.14% a year. The Regular plan charges 0.77% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Bandhan Floating Interest Rates Fund?

Bandhan Floating Interest Rates Fund managed ₹223.51 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

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

At the end of September 2026 the largest holdings were 7.04% IndiGrid Infrastructure Trust (8.82%), 7.02% Bajaj Housing Finance Limited (8.79%), 8.35% Aditya Birla Real Estate Limited (6.72%), 8.25% Tata Projects Limited (6.71%), 7.44% National Bank For Agriculture and Rural Development (6.68%). The fund held 19 securities in all.

How do I invest in Bandhan Floating Interest Rates Fund?

Through Bandhan Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Bandhan Floating Interest Rates Fund?

Brijesh Shah (since 14-03-2024), Debraj Lahiri (since 14-03-2024).

What is the exit load of Bandhan Floating Interest Rates Fund?

Nil

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.