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DebtOvernight FundDirect · Growth

BANK OF INDIA Overnight Fund Direct Plan Growth

Bank of India · Scheme 147951

₹1,397.40▲ 0.01%NAV · 2026-09-18
64
Decent FundScore
Start SIP
AUM
₹63 cr
Expense ratio
0.09%
3Y CAGR
6.3%
Risk level
Low
Min SIP
—
Benchmark
CRISIL Overnight Index
Fund manager: Amit ModaniExit load: Nil
Decent · 64/100

A solid option with a few areas worth a closer look.

🎯 Suited to short-to-medium horizons and investors wanting stability over growth.

📈 Why it could do well

  • ✓Very consistent — delivers dependably across market cycles, ideal for SIPs.
  • ✓Protects capital well — worst-ever fall was only 0%.
  • ✓Low volatility (0% a year) — a steady, low-drama ride.
  • ✓Low cost — 0.09% expense ratio means more of the return stays with you.
  • ✓Positive 3Y windows: 100% of rolling 3Y windows positive
  • ✓Beat category: beat category in 66% of windows

📉 What could drag it down

  • •Weak risk-adjusted returns (Sharpe -8.56) — took on risk without enough payoff.
  • •3Y CAGR: +6.3%
  • •5Y CAGR: +5.8%

FundScore breakdown

64/100 · Decent
How it works →
28
Returns
Weak
88
Consistency
Excellent
38
Risk-adjusted
Weak
100
Downside protection
Excellent
80
Cost efficiency
Strong
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.