Latest NAV & returns of IDFC ASSET MANAGEMENT CO.PVT. LTD.

Bandhan Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum cptl Wdrl opt

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previously known as IDFC Floating Rate Dir Mn IDCW-R until

NAV on November 30, 2024
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 330 cr
Turnover Ratio 602.34%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: 0.17%
  • 1Y: 7.97%
  • 3M: 1.58%
  • 3Y: 6.30%
  • 6M: 3.95%
  • 5Y: N/A
Min Investment 1,000
ADDITIONAL INFO
Fund Manager Brijesh Shah (Since 9 months) Debraj Lahiri (Since 9 months)
ISIN INF194KB1BE7
Fund Family IDFC
Launch Date February 22, 2021
Benchmark NIFTY Low Duration Debt Index TR INR
Avg. Maturity 3.53 years
Yield To Maturity (%) 7.58%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 56.48%
AA 43.52%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Low Duration Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.153
Sharpe 0.112
Std Dev 0.946
Risk Average
INVESTMENT OBJECTIVE

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
1250.036 10.23% 233 cr 0.20% High
441.247 8.86% 8,787 cr 0.56% Above Average
48.477 8.64% 14,941 cr 0.26% Average
45.129 8.60% 7,821 cr 0.31% Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
42.155 9.05% 301 cr 0.23% Below Average
441.247 8.86% 8,787 cr 0.56% Above Average


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