Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
BANK OF INDIA Overnight Fund Regular Plan Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 74/100 · Good
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)6.2%
- Expense ratio (20%)0.09%
- AUM (15%)₹109 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Bank of India Mutual Fund · Debt · Overnight
₹1,404.35
AUM: ₹108 Cr
NAV updated 4 days ago
Plan
Regular
Option
Growth
Risk
Low
Expense Ratio
0.09%
Exit Load
Nil
Fund Manager
Amit Modani
Inception
Jan 2020
Benchmark
CRISIL Liquid Overnight Index
Sharpe Ratio
-6.23
Std Dev (1Y)
0.24%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.41%
3m
+1.29%
6m
+2.8%
1y
+5.49%
3y
+6.2%
5y
+5.84%
10y
—
since inception
+5.19%
TopFund's Take on BANK OF INDIA Overnight Fund Regular Plan Growth
BANK OF INDIA Overnight Fund Regular Plan Growth holds up reasonably well within the Overnight category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 74/100.
Cost: At 0.09%, the expense ratio is meaningfully cheaper — about 18% below the Overnight category average of 0.11% (based on 208 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -6.23 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.24% is on the lower side for a Overnight fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about BANK OF INDIA Overnight Fund Regular Plan Growth
The current NAV (Net Asset Value) of BANK OF INDIA Overnight Fund Regular Plan Growth is ₹1404.35. NAV is updated every business day after market close by AMFI.
1Y: 5.49% · 3Y CAGR: 6.2% · 5Y CAGR: 5.84%
The expense ratio of BANK OF INDIA Overnight Fund Regular Plan Growth is 0.09% per annum. This is the annual fee charged by the fund to manage your investment.
BANK OF INDIA Overnight Fund Regular Plan Growth is managed by Amit Modani at Bank of India Mutual Fund.
BANK OF INDIA Overnight Fund Regular Plan Growth is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.
BANK OF INDIA Overnight Fund Regular Plan Growth is a Overnight fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in BANK OF INDIA Overnight Fund Regular Plan Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of BANK OF INDIA Overnight Fund Regular Plan Growth is ₹109 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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