Functional classification of phytoplankton could be a valuable tool in water quality monitoring in the eutrophic riverine ecosystems. This study is novel from the Bangladeshi perspective. In this study, phytoplankton cell density and diversity were studied with particular reference to the functional groups (FGs) approach during pre-monsoon, monsoon, and post-monsoon at four sampling stations in Karatoya River, Bangladesh. A total of 54 phytoplankton species were recorded under four classes, viz. Chlorophyceae (21 species) Cyanophyceae (16 species), Bacillariophyceae (15 species), and Euglenophyceae (2 species). A significantly higher total cell density of phytoplankton was detected during the pre-monsoon season (24.20 × 103 cells/l), while the lowest in monsoon (9.43 × 103 cells/l). The Shannon-Wiener diversity index varied significantly (F = 16.109, P = 000), with the highest value recorded during the post-monsoon season. Analysis of similarity (ANOSIM) identified significant variations among the three seasons (P