Bank of India Overnight Fund Direct Growth

Bank of India Overnight Fund Direct Growth

Bank of India Overnight Fund Direct Growth
Bank of India Overnight Fund Direct Growth

Bank of India Overnight Fund Direct Growth

Debt
Direct
Overnight

NAV: ₹ 1100.6 as on 26-09-2022

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested 5K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.4%
1.3%
2.3%
4.1%
Benchmark
-
-
-
-
About the Fund

Bank of India Overnight Fund Direct Growth is a debt fund. This fund was started on  28 January, 2020. The fund is managed by Mithraem Bharucha. This fund is suitable to keep your money safe.

Key parameters

1) Bank of India Overnight Fund Direct Growth has a NAV of 1100.5509 as on 26-09-2022.

2) Bank of India Overnight Fund Direct Growth has 31 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.09 %.

Fund Overview

Expense ratio
Expense ratio
0.09%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹31 Cr
Inception Date
Inception Date
28 January, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Debt & Cash 100%

Sector Allocation

Aug'22

Jul'22

Jun'22

Cash Equivalent

100%

Top Holdings

  • All
  • Debt & Cash
Total Holdings3
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
Repo
50.41%
0%
icon
Treps
47.73%
0%
icon
Net Receivables / (Payables)
1.86%
0%

What changed

in last one month
  • Scheme
AUM decreased by 5.5 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 36.6 Cr
Jul'22
₹ 42.1 Cr
Jun'22
₹ 27 Cr

Fund Returns vs Benchmark

Aug'22
0.42%
0.36%
Jul'22
0.42%
0.36%
Jun'22
0.37%
0.35%
Fund Return
Benchmark Return

Fund Manager

Mithraem Bharucha

Mithraem Bharucha

Managing this fund since 17 August 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Bank of India Liquid Fund Direct Plan Growth
4.06%
3.1%
Bank of India Short Term Income Fund Direct Plan Growth
7.33%
6.24%
Bank of India Ultra Short Duration Fund Direct Plan Growth
4.39%
4.9%

AMC details

Address
Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba
Phone
+912240479000
Fund House
Bank of India Investment Managers Private Limited

Fund Highlights

meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.66% since inception which is more than its category average return of 2.89%
AUM size ₹31 Cr

AUM size ₹31 Cr

This fund has AUM of ₹31 Cr which is less than its category average of ₹ 3570 Cr
Expense Ratio 0.09%

Expense Ratio 0.09%

This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of Bank of India Overnight Fund Direct Growth is 1100.55.
Existing (Absolute + CAGR)
Bank of India Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.45%
0.45%
6 Month Returns
2.32%
2.32%
1 Year Returns
4.1%
4.1%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.09 as on August 2022
31 Cr as on August 2022
Mithraem Bharucha is the fund manager of Bank of India Overnight Fund Direct Growth
The Exit load of Bank of India Overnight Fund Direct Growth is 0%