Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW
★★★★★ monitor_heart Health Score: 57/100 · AverageIDFC Mutual Fund · Debt · Floater
₹10.12
AUM: ₹221 Cr
NAV updated 5 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.1%
Exit Load
Nil
Fund Manager
Anurag Mittal
Inception
Feb 2021
Benchmark
NIFTY Medium Duration Debt Index A-III
Sharpe Ratio
-7.37
Std Dev (1Y)
0.89%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.86%
3m
+2.08%
6m
+4.18%
1y
+6.43%
3y
+7.91%
5y
+6.76%
10y
—
since inception
+0.22%
rate_review TopFund's Take on BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW sits in the middle of the pack for Floater funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 57/100.
Cost: At 0.1%, the expense ratio is meaningfully cheaper — about 63% below the Floater category average of 0.27% (based on 68 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -7.37 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.89% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
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info Fund Snapshot
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Frequently Asked Questions about BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW
The current NAV (Net Asset Value) of BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW is ₹10.12. NAV is updated every business day after market close by AMFI.
1Y: 6.43% · 3Y CAGR: 7.91% · 5Y CAGR: 6.76%
The expense ratio is 0.1% per annum — the annual fee deducted from your investment to cover fund management costs.
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW is managed by Anurag Mittal at IDFC Mutual Fund.
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW is a Floater fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW is ₹221 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.