HealthyDirect · GrowthFit for a long SIP
BANDHAN FLOATING INTEREST RATES FUND
Bandhan Mutual FundIncome/Debt Oriented Schemes - Floating Interest Rates Fund5.7 years
- NAV
- 14.2589
- 29 Oct 2026
- 1Y
- +5.8%
- Trailing CAGR
- AUM
- ₹223.51 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
5.7 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.14% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
13% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 70.8% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.8%
- 3Y+7.6%
- 5Y+6.7%
- 10Yn/a
- SI+6.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.7%
- 3Y+7.1%
- 5Y+7.2%
- 10Yn/a
- Since inception
- +6.4%
- Calendar-day CAGR
- Excess 1Y
- +0.3%
- Category median, same plan and option
- 3Y win rate
- +13%
- Windows beating the median
- 3Y percentile
- 82
- Vs comparable share classes
- SIP 3Y XIRR
- +7.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.4%
- 658 daily-ending windows
- Median rolling 3Y
- +7.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 168 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.7%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 36 days
- Days below latest peak
- Time below peak
- +34%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 142 recovered episodes
- Longest recovery
- 52 days
- Trough to prior peak
2 May 2022 – 27 Jun 2022
Trough 6 May 2022 · recovered in 52 days
-0.7%
7 May 2026 – 2 Jun 2026
Trough 21 May 2026 · recovered in 12 days
-0.5%
6 Jun 2025 – 1 Jul 2025
Trough 13 Jun 2025 · recovered in 18 days
-0.4%
5 Aug 2025 – 5 Sept 2025
Trough 12 Aug 2025 · recovered in 24 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
82
Vs category
52
Consistency
23
Risk-adjusted
56
Drawdown
98
Mean
62
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 22 holdings · top 10 are 70.8%.
- Top 5
- 37.7%
- Top 10
- 70.8%
- Largest holding
- 8.8%
- Effective holdings
- 16.5
INDIGRID INFRASTRUCTURE TRUST SR AD 7.04 NCD 27SP28 FVRS1LAC
Industrials
8.8%
BAJAJ HOUSING FINANCE LIMITED 7.02 NCD 26MY28 FVRS1LAC
Financial
8.8%
CENTURY TEXTILES AND INDUSTRIES LIMITED 8.35 NCD 30AG27 FVRS1LAC
Materials
6.7%
TATA PROJECTS LIMITED SR Q 8.25 NCD 28AP27 FVRS1LAC
Industrials
6.7%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC
Financial
6.7%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Franklin India Floating Interest Rates Fund
Franklin Templeton Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.9%
- Vol
- 0.6%
- Max DD
- -1.3%
- Sharpe
- 0.89
- 3Y win
- +28%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
SBI Floating Interest Rates Fund
SBI Mutual Fund
- 1Y
- +6.1%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -0.6%
- Sharpe
- 0.59
- 3Y win
- +22%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Axis Floating Interest Rates Fund
Axis Mutual Fund
- 1Y
- +5.8%
- 3Y
- +8.2%
- Vol
- 1.8%
- Max DD
- -1.3%
- Sharpe
- 0.59
- 3Y win
- +99%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
HDFC Floating Interest Rates Fund
HDFC Mutual Fund
- 1Y
- +5.2%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -1.3%
- Sharpe
- 2.30
- 3Y win
- +46%
- Lower volatility
- Higher win rate vs category
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
Tata Floating Interest Rates Fund
Tata Mutual Fund
- 1Y
- +5.3%
- 3Y
- +7.2%
- Vol
- 0.8%
- Max DD
- -0.6%
- Sharpe
- 0.86
- 3Y win
- +4%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns