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BANK OF INDIA Overnight Fund Direct Plan- Monthly IDCW

Bank of India · Overnight
Low
₹1000.15
Current NAV
27 Oct 2026
0.0%
1Y Return
-0.0%
3Y CAGR
—
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.22%.
  • Generates significant excess returns relative to benchmark index (Alpha: 3.42).
  • Very large asset base (AUM: ₹16,470 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.92
Sharpe Ratio
0.82
Beta
3.42
Alpha
1.12
Sortino
Fund Details
Fund House Bank of India
Category Overnight
AUM ₹16470 Cr
Expense Ratio 0.22%
Min SIP ₹500
Min Lumpsum ₹1000
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