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BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years

Bank of India · Overnight
Low
₹1327.02
Current NAV
27 Oct 2026
5.5%
1Y Return
6.2%
3Y CAGR
13.3%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Generates significant excess returns relative to benchmark index (Alpha: 4.53).
  • Very large asset base (AUM: ₹12,580 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (2.33%) which can affect compounding over long horizons.
  • Lower risk-adjusted performance compared to top peers in the same category.
  • 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
0.53
Sharpe Ratio
0.73
Beta
4.53
Alpha
0.60
Sortino
Fund Details
Fund House Bank of India
Category Overnight
AUM ₹12580 Cr
Expense Ratio 2.33%
Min SIP ₹500
Min Lumpsum ₹1000
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