Bandhan Floater Fund Regular-IDCW Daily

Bandhan Floater Fund Regular-IDCW Daily is a scheme launched by Bandhan Mutual Fund on February 18, 2021, and falls under the Floater fund category. It currently manages an AUM of Rs 381.35 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 0.79% 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 Floater Fund Regular-IDCW Daily trailing returns over different times are 0.81% (1 year), 0.34% (3 year) and 0% (5 year). The average annual return of this fund stands at 0.6%.