Bank of India Overnight Fund
The scheme seeks to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day.
Growthvine rating: 3/5 — ranked #11 of 36 in category.
Fund basics
| Category | Debt: Overnight |
|---|---|
| NAV | ₹1393.60 (as of 2026-08-21) |
| AUM | ₹63 Cr |
| Expense ratio | 0.12% |
| Riskometer | Low |
| Fund manager | Mithraem Bharucha |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.75% |
|---|---|
| Sharpe ratio | 1.67 |
| Standard deviation | 0.20% |
| Max drawdown | 0.00% |
| Alpha | 0 |
| Beta | 0 |
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.5% | Q1 (Top) | #1 of 34 |
| 2025 | 5.9% | Q1 (Top) | #1 of 33 |
| 2024 | 6.8% | Q1 (Top) | #2 of 33 |
| 2023 | 6.8% | Q1 (Top) | #2 of 31 |
| 2022 | 4.7% | Q1 (Top) | #2 of 27 |