Bandhan Credit Risk Fund vs Bandhan Floating Interest Rates Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Credit Risk Fund is a Credit Risk fund and Bandhan Floating Interest Rates Fund is a Floater fund. In the 3 years to 30-10-2026, Bandhan Credit Risk Fund (Direct) returned 7.1% a year and Bandhan Floating Interest Rates Fund (Direct) returned 7.7% a year. Bandhan Credit Risk Fund charges 0.66% a year and Bandhan Floating Interest Rates Fund 0.14% (Direct plans). Their portfolios overlap 14.1%: they hold 4 of the same securities.
Bandhan Credit Risk Fund
Credit Risk
- 3 year return
- 7.1%
- Expense ratio
- 0.66%
- NAV
- ₹19.06
Bandhan Floating Interest Rates Fund
Floater
- 3 year return
- 7.7%
- Expense ratio
- 0.14%
- NAV
- ₹14.26
Which is better, Bandhan Credit Risk or Bandhan Floating Interest Rates? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Floating Interest Rates returned more over 5 years: 6.8% a year against 6.3%.
- Bandhan Floating Interest Rates returned more over 3 years: 7.7% a year against 7.1%.
- Bandhan Floating Interest Rates costs less: 0.14% a year against 0.66% (Direct plans).
- Bandhan Credit Risk swung less over 3 years: a standard deviation of 0.9% a year against 1.0%.
- Bandhan Floating Interest Rates fell less in its worst fall since 22-02-2021: −0.7% against −1.1%.
- Bandhan Floating Interest Rates is the larger fund: ₹224 Cr against ₹221 Cr.
- Their portfolios overlap 14.1%: 4 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bandhan Credit Risk Fund | Bandhan Floating Interest Rates Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Bandhan Mutual Fund |
| Category | Credit Risk | Floater |
| AUM | ₹221 Cr (30-09-2026) | ₹224 Cr (30-09-2026) |
| NAV | ₹19.06 (Direct) | ₹14.26 (Direct) |
| Expense ratio (Direct) | 0.66% | 0.14% |
| Expense ratio (Regular) | 1.67% | 0.77% |
| Riskometer | Moderate | Moderate |
| Benchmark | NIFTY Credit Risk Bond Index B-II | NIFTY Medium Duration Debt Index A-III |
| Launch date | 03-03-2017 | 18-02-2021 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Gautam Kaul, Debraj Lahiri | Brijesh Shah, Debraj Lahiri |
| Exit load | 1% if redeemed/switched out within 365 days from the date of allotment | Nil |
Bandhan Credit Risk vs Bandhan Floating Interest Rates: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bandhan Credit Risk Fund (Direct) | −0.10% | +0.42% | +2.76% | +5.00% | +7.09% | +6.26% | -- |
| Bandhan Floating Interest Rates Fund (Direct) | +0.05% | +0.70% | +3.33% | +5.91% | +7.65% | +6.75% | -- |
| Credit Risk average | −0.04% | +0.78% | +3.31% | +7.84% | +9.41% | +9.83% | -- |
| Floater average | −0.01% | +0.56% | +2.76% | +5.43% | +7.47% | +6.73% | -- |
Category average: the average of the 13 Credit Risk funds and the 12 Floater funds, same plan type.
Bandhan Credit Risk vs Bandhan Floating Interest Rates: Year-wise Returns
| Year | Credit RiskBandhan Credit Risk | Floating Interest RatesBandhan Floating Interest Rates |
|---|---|---|
| 2026to date | +4.08% | +4.96% |
| 2025 | +7.30% | +8.19% |
| 2024 | +8.45% | +8.48% |
| 2023 | +6.79% | +7.27% |
| 2022 | +4.03% | +4.21% |
| 2021 | +4.99% | -- |
Bandhan Credit Risk vs Bandhan Floating Interest Rates: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 658 of them, one for each trading day from 22-02-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bandhan Credit Risk Fund (Direct)
Bandhan Floating Interest Rates Fund (Direct)
to
May 2024Oct 2021
to
Oct 2024Apr 2022
to
Apr 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Credit Risk | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 7.2% | 5.7% | 8.0% |
| Bandhan Floating Interest Rates | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2% | 7.7% | 5.4% | 8.2% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 22-02-2021. Past returns do not promise future returns.
Bandhan Credit Risk vs Bandhan Floating Interest Rates: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Credit RiskBandhan Credit Risk Fund (Direct) | ₹6,90,000 | ₹8,32,996 | ₹1,42,996 | 6.5% |
| Bandhan Floating Interest RatesBandhan Floating Interest Rates Fund (Direct) | ₹6,90,000 | ₹8,46,307 | ₹1,56,307 | 7.0% |
Bandhan Credit RiskBandhan Credit Risk Fund (Direct)
Bandhan Floating Interest RatesBandhan Floating Interest Rates Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), 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 Credit Risk vs Bandhan Floating Interest Rates: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Credit Risk Fund (Direct) | Bandhan Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.00% | +5.91% |
| Standard deviation | 1.09% | 1.21% |
| Sharpe ratio | -0.22 | 0.55 |
| Sortino ratio | -0.32 | 0.83 |
| Maximum drawdown | −0.5% (21-05-2026) | −0.5% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Credit Risk Fund (Direct) | Bandhan Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.09% | +7.65% |
| Standard deviation | 0.92% | 0.98% |
| Sharpe ratio | 1.15 | 1.66 |
| Sortino ratio | 1.74 | 2.57 |
| Maximum drawdown | −0.5% (21-05-2026) | −0.5% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Credit Risk Fund (Direct) | Bandhan Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +6.75% |
| Standard deviation | 1.04% | 0.86% |
| Sharpe ratio | 0.45 | 1.10 |
| Sortino ratio | 0.61 | 1.64 |
| Maximum drawdown | −1.1% (06-05-2022) | −0.7% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Credit Risk Fund (Direct) | Bandhan Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.91% | +6.44% |
| Standard deviation | 1.49% | 0.82% |
| Sharpe ratio | 1.03 | 1.15 |
| Sortino ratio | 1.60 | 1.73 |
| Maximum drawdown | −2.6% (23-03-2020) | −0.7% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 06-03-2017 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. Beta and alpha compare each fund with its own benchmark's TRI.
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.
Bandhan Credit Risk Fund (Direct)
Bandhan Floating Interest Rates Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Credit Risk Fund (Direct) | −1.1% | 07-04-2022 | 06-05-2022 | 13-07-2022 | 2 months | −0.2% |
| Bandhan Floating Interest Rates Fund (Direct) | −0.7% | 02-05-2022 | 06-05-2022 | 27-06-2022 | 52 days | −0.1% |
From daily values since 22-02-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Credit Risk Fund (Direct)
Bandhan Floating Interest Rates Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Credit Risk Fund (Direct)
Bandhan Floating Interest Rates Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Credit Risk Fund (Direct)
Bandhan Floating Interest Rates Fund (Direct)
Bandhan Credit Risk vs Bandhan Floating Interest Rates: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Credit Risk Fund, September 2026; Bandhan Floating Interest Rates Fund, September 2026
Holdings in common
- Overlap
- 14.1%
- Held by both
- 4
- Only in Bandhan Credit Risk
- 11
- Only in Bandhan Floating Interest Rates
- 15
| Security | % of Bandhan Credit Risk | % of Bandhan Floating Interest Rates |
|---|---|---|
| 8.35% Aditya Birla Real Estate Limited | 9.07% | 6.72% |
| 7.99% Godrej Seeds & Genetics Limited | 6.69% | 6.61% |
| Corporate Debt Market Development Fund Class A2 | 0.77% | 0.55% |
| 6.68% GOI (MD 07/07/2040) | 4.28% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.1% means 14.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bandhan Credit Risk Fund
| Security | % of fund |
|---|---|
| 8.33% Tata Projects Limited | 9.05% |
| 7.75% Power Finance Corporation Limited | 9.02% |
| 7.9% Truhome Finance Limited | 8.95% |
| 7.76% Aadhar Housing Finance Limited | 8.90% |
| 7.51% Tata Housing Development Company Limited | 8.89% |
Largest holdings only in Bandhan Floating Interest Rates Fund
| Security | % of fund |
|---|---|
| 7.04% IndiGrid Infrastructure Trust | 8.82% |
| 7.02% Bajaj Housing Finance Limited | 8.79% |
| 8.25% Tata Projects Limited | 6.71% |
| 7.44% National Bank For Agriculture and Rural Development | 6.68% |
| 8.1% Aadhar Housing Finance Limited | 6.65% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Credit Risk | Bandhan Floating Interest Rates |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 83.5% | 90.5% |
| Cash and others | 16.5% | 9.5% |
Bandhan Credit Risk vs Bandhan Floating Interest Rates: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Credit Risk Fund | Bandhan Floating Interest Rates Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.66% | 0.14% |
| Base expense ratio (Direct) | 0.56% | 0.12% |
| Total expense ratio (Regular) | 1.67% | 0.77% |
| Base expense ratio (Regular) | 1.42% | 0.67% |
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, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bandhan Credit Risk with
Compare Bandhan Floating Interest Rates with
Bandhan Credit Risk Fund vs Bandhan Floating Interest Rates Fund: Frequently Asked Questions
What is the difference between Bandhan Credit Risk Fund and Bandhan Floating Interest Rates Fund?
Bandhan Credit Risk Fund is a Credit Risk fund, Bandhan Floating Interest Rates Fund is a Floater fund, run by Bandhan Mutual Fund. Their portfolios overlap 14.1%. Bandhan Credit Risk Fund charges 0.66% a year and Bandhan Floating Interest Rates Fund 0.14%.
Which has given higher returns, Bandhan Credit Risk Fund or Bandhan Floating Interest Rates Fund?
Over 1 year: Bandhan Credit Risk Fund +5.00%, Bandhan Floating Interest Rates Fund +5.91%. Over 3 years: Bandhan Credit Risk Fund +7.09% a year, Bandhan Floating Interest Rates Fund +7.65% a year. Over 5 years: Bandhan Credit Risk Fund +6.26% a year, Bandhan Floating Interest Rates Fund +6.75% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Credit Risk Fund or Bandhan Floating Interest Rates Fund?
Bandhan Floating Interest Rates Fund charges less: 0.14% a year against 0.66%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Credit Risk Fund and Bandhan Floating Interest Rates Fund overlap?
14.1%. They hold 4 of the same securities, the largest shared ones being 8.35% Aditya Birla Real Estate Limited, 7.99% Godrej Seeds & Genetics Limited, Corporate Debt Market Development Fund Class A2. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Credit Risk Fund or Bandhan Floating Interest Rates Fund?
On SEBI's riskometer, Bandhan Credit Risk Fund is rated Moderate and Bandhan Floating Interest Rates Fund Moderate. Over 3 years, the standard deviation of daily returns was 0.92% and 0.98% a year.
Which is better for SIP, Bandhan Credit Risk Fund or Bandhan Floating Interest Rates Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,21,738 in Bandhan Credit Risk Fund (XIRR 6.6% a year) and ₹7,33,449 in Bandhan Floating Interest Rates Fund (XIRR 7.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Credit Risk Fund and Bandhan Floating Interest Rates Fund?
Yes. 14.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bandhan Credit Risk Fund and Bandhan Floating Interest Rates Fund?
Bandhan Credit Risk Fund: Gautam Kaul, Debraj Lahiri. Bandhan Floating Interest Rates Fund: Brijesh Shah, Debraj Lahiri.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.