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BANK OF INDIA Overnight Fund Regular Plan- Monthly IDCW

Bank of India · Overnight
Low
₹1004.64
Current NAV
28 Jun 2026
20.0%
1Y Return
13.0%
3Y CAGR
21.0%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Generates significant excess returns relative to benchmark index (Alpha: 6.40).
  • Professionally managed by an established fund house with experienced fund managers.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (2.2%) which can affect compounding over long horizons.
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
0.90
Sharpe Ratio
1.40
Beta
6.40
Alpha
1.08
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Fund Details
Fund House Bank of India
Category Overnight
AUM ₹2950 Cr
Expense Ratio 2.20%
Min SIP ₹500
Min Lumpsum ₹1000
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