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  • Bank of India Overnight Fund (Growth)

Formerly BOI AXA Overnight Reg Gr

BOI Mutual Funds

Bank of India Overnight Fund (Growth)

DebtOvernight

1203.2548

NAV (Feb 25)

4.6%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1203.2548

NAV (Feb 25)

Fund Returns

Last 1Y
6.8%
Last 3Y
5.1%
Last 5Y
NA
Last 10Y
NA
Since Inception
4.6%
6 Month CAGR
3.4%

Scheme Information

Investment Objective

The investment objective of the scheme is to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day. However,there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not assure or guarantee any returns.

Expense Ratio
0.11
Launched (4y ago)
Jan 28, 2020
AUM in Crores
78.377
ISIN
INF761K01EZ6
Lock-in
No Lock-in
Benchmark
CRISIL Overnight Index TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0.5
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-7.634
Sharpe Ratio (5yr)
0
YTM
6.82
Fund Managers

Mithraem Bharucha

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bank of India Overnight Fund (Growth)70%8,27,973 95,3615.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-02-25

Top Debt Holdings

repo

95%
95%

364 Days Treasury Bill 07-03-2024

4.9%
4.9%

net receivables / (payables)

0.1%
0.1%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,939 cr

₹ 16,101 cr

₹ 13,073 cr

₹ 12,851 cr

₹ 10,720 cr

About the AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth 6,339 crores and was set up on 13 August 2007. It's current offering of mutual fund schemes includes 32 equity,35 debt and 18 hybrid funds.amc-img
22-6124-9000
service@boimf.in
Fund NameScripbox Opinion
Till Date CAGR

24.8%

20.4%

24.4%

19.8%

30.8%

11.8%

29.4%

29.8%

26.3%

16.9%

Bank of India Overnight Fund (G) Review

Bank of India Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.6% over a period of 4 years. The fund was previously known as BOI AXA Overnight Reg Gr. The fund is managed by Bank of India Investment Managers Private Limited. The fund manager’s name is Mithraem Bharucha.

Nav of Bank of India Overnight Fund (G) as of 2/25/2024 is ₹1203.25 with the total AUM as of 2/25/2024 is ₹78.377. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Overnight Fund (G) was launched on Jan 28, 2020. The category risk of the fund is Low Risk.

The minimum SIP amount for Bank of India Overnight Fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Bank of India Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Overnight Index TR INR.

Bank of India Overnight Fund (G) is rated as a 0 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India Overnight Fund (G).

Frequently Asked Questions

What is Bank of India Overnight Fund (G)?

Bank of India Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bank of India Overnight Fund (G)?

You can invest in Bank of India Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bank of India Overnight Fund (G)?

The minimum sip amount for Bank of India Overnight Fund (G) is ₹0. You can invest in multiples of ₹5000.

Is Bank of India Overnight Fund (G) good to invest in?

As per Scripbox experts, Bank of India Overnight Fund (G) is a Not Reviewed Yet fund. You can investBank of India Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bank of India Overnight Fund (G)?

The expense ratio of the Bank of India Overnight Fund (G) is 0.11% for regular plan.