- Mutual Funds
- BOI Mutual Funds
- Bank of India Overnight Fund (PIDCW-M)
Formerly BOI AXA Overnight Reg Mly IDCW-P
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1004.2196
NAV (Apr 18)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5.8% |
6 Month CAGR | 3.4% |
Scheme Information
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 (3y ago) | Jun 16, 2021 |
AUM in Crores | 31.008 |
ISIN | INF761K01FD0 |
Lock-in | No Lock-in |
Benchmark | CRISIL Overnight Index TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 6.72 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bank of India Overnight Fund (PIDCW-M) | 8,52,757 | 1,20,145 | 6.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
repo
89.7%91 Days Treasury Bill 11-04-2024
9.7%net receivables / (payables)
0.6%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Bank of India Investment Managers Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
24.8% | 20.3% | ||
30.8% | 11.9% | ||
24.4% | 19.7% | ||
24.1% | 16.9% | ||
24.6% | 19.8% |
Bank of India Overnight Fund (PIDCW-M) Review
Bank of India Overnight Fund (PIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 5.8% over a period of 2 years. The fund was previously known as BOI AXA Overnight Reg Mly IDCW-P. 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 (PIDCW-M) as of 4/18/2024 is ₹1004.22 with the total AUM as of 4/19/2024 is ₹31.008. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Overnight Fund (PIDCW-M) was launched on Jun 16, 2021. The category risk of the fund is Low Risk.
The minimum SIP amount for Bank of India Overnight Fund (PIDCW-M) 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 (PIDCW-M) 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 (PIDCW-M) is rated as a 0 fund in Debt and delivered 6.3% 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 (PIDCW-M).
Frequently Asked Questions
What is Bank of India Overnight Fund (PIDCW-M)?
How to invest in Bank of India Overnight Fund (PIDCW-M)?
You can invest in Bank of India Overnight Fund (PIDCW-M) 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 (PIDCW-M)?
The minimum sip amount for Bank of India Overnight Fund (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.
Is Bank of India Overnight Fund (PIDCW-M) good to invest in?
As per Scripbox experts, Bank of India Overnight Fund (PIDCW-M) is a Not Reviewed Yet fund. You can investBank of India Overnight Fund (PIDCW-M) 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 (PIDCW-M)?
The expense ratio of the Bank of India Overnight Fund (PIDCW-M) is 0.11% for regular plan.