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BANK OF INDIA Overnight Fund Direct Plan- Weekly IDCW

Bank of India · Overnight
Low
₹1000.15
Current NAV
27 Oct 2026
27.9%
1Y Return
-0.0%
3Y CAGR
—
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.59%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.89).
  • Generates significant excess returns relative to benchmark index (Alpha: 2.39).
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
1.89
Sharpe Ratio
0.59
Beta
2.39
Alpha
2.44
Sortino
Fund Details
Fund House Bank of India
Category Overnight
AUM ₹5940 Cr
Expense Ratio 0.59%
Min SIP ₹500
Min Lumpsum ₹1000
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