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BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years
★★★★★ monitor_heart Health Score: 73/100 · GoodBank of India Mutual Fund · Debt · Overnight
₹1,392.89
AUM: ₹42 Cr
NAV updated about 11 hours ago
Plan
Direct
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
-6.11
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
+0.43%
3m
+1.46%
6m
+2.74%
1y
+5.58%
3y
+6.29%
5y
+5.77%
10y
—
since inception
+5.98%
rate_review TopFund's Take on BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years
BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years 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 73/100.
Cost: At 0.09%, the expense ratio is meaningfully cheaper — about 18% below the Overnight category average of 0.11% (based on 169 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 -6.11 — 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, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years
The current NAV (Net Asset Value) of BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years is ₹1392.89. NAV is updated every business day after market close by AMFI.
1Y: 5.58% · 3Y CAGR: 6.29% · 5Y CAGR: 5.77%
The expense ratio is 0.09% per annum — the annual fee deducted from your investment to cover fund management costs.
BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years is managed by Amit Modani at Bank of India Mutual Fund.
BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years is a Low risk fund. Suitable for investors with a moderate risk appetite.
BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years is a Overnight fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years is ₹43 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.