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BANK OF INDIA Overnight Fund Regular Plan- Weekly IDCW

Bank of India · Overnight
Low
₹1000.28
Current NAV
29 Jan 2026
12.0%
1Y Return
17.0%
3Y CAGR
13.0%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.30).
  • Generates significant excess returns relative to benchmark index (Alpha: 6.80).
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
1.30
Sharpe Ratio
0.60
Beta
6.80
Alpha
1.69
Sortino
Fund Details
Fund House Bank of India
Category Overnight
AUM ₹6850 Cr
Expense Ratio 1.40%
Min SIP ₹500
Min Lumpsum ₹1000
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