Bandhan Floating Interest Rates Fund Regular - Growth

Bandhan Floating Interest Rates Fund Regular - Growth is a scheme launched by Bandhan Mutual Fund on February 18, 2021, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 221.48 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 0.62% for managing the portfolio.

• Investing Strategy:

  The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instruments swapped for floating returns and other debt and money market instruments.

• Performance:

  Bandhan Floating Interest Rates Fund Regular - Growth trailing returns over different times are 6.32% (1 year), 7.33% (3 year) and 6.25% (5 year). The average annual return of this fund stands at 4.45%.