NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt for NRI [10.74]

Min Investment

₹1,000

Fund Size

₹320.89 Cr

Expense Ratio

0.8%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹10.74

0.51%

NAV as on 20 Jan 25, 12:00 AM

moderate risk

floating rate

debt

NAV as on 20 Jan 25, 12:00 AM

moderate risk

floating rate

debt

7.45%p.a.

Last 1Y

5.86%p.a.

Last 3Y

0.00%p.a.

Last 5Y

5.36%p.a.

Since Inception

About Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt for NRIs

NRIs can achieve long-term capital appreciation by investing in the Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt scheme from Bandhan Asset Management Company Limited. It is a Floating Rate mutual fund scheme that predominantly invests in Floating Rate stocks of companies. Launched on Feb 2021, Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt is Floating Rate fund of its category with 320.89 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Floating Rate funds.

  • Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt delivered 7.5% annual returns during the last year. It has delivered 5.4% average annual returns since the fund was launched.
  • Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund 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.

Top 10 Holdings

7.32% Govt Stock 2030

12.90%

7.18% Govt Stock 2033

9.64%

7.1% Govt Stock 2034

9.61%

Export Import Bank Of India

7.82%

Nirma Limited

4.75%

Au Small Finance Bank Limited

4.74%

Tata Projects Limited

4.73%

Godrej Housing Finance Limited

4.73%

Century Textiles And Industried Limited

4.71%

7.17% Govt Stock 2030

3.20%

Fund Managers

  1. Brijesh Shah (Mar 2024 - Present)
  2. Debraj Lahiri (Mar 2024 - Present)

Key Information

View Scheme Document

Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Bandhan Floating Rate Fund Annual Payout of Income Distribution cum cptl Wdrl opt
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

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