Data as on 04th feb 2025

Bank Of India Overnight Fund

  • Fund Type : An open ended debt scheme investing in overnight securities. A Relatively Low Interest Rate Risk and A Relatively Low Credit Risk.
    Entry Load : NA
    Date of Allotment : January 28, 2020
    Features : Liquity SIP SWP STP
  • Benchmark :
    Tier 1: CRISIL Liquid Overnight Index
    Exit Load :
    Nil

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.

Fund Manager

  • Mr. Mithraem Bharucha

    BMS and MBA

    Alok singh
    See detail

Fund Highlights

Advantages of an Overnight Fund:

  • High Liquidity: Fund stands to provides highest liquidity within the Fixed Income mutual Fund Product segment with redemption on T+1 basis
  • No Lock in Period and No Exit Load: It offers overnight liquidity without any exit load
  • Lowest Risk Fund: This Fund category has lowest mark to market risk and lowest credit default risk
  • Stable returns: Fund is positioned to deliver consistent returns compared to other Fixed Income instruments
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  • Click here for SID

Riskometer

Scheme Riskometer:

 

The above Riskometer is based on the portfolio as on October 31, 2025.

This product is suitable for investors who are seeking*:

  • Income over short term with low risk and high liquidity
  • Investments in overnight securities having residual maturity of 1 business day.

Benchmark Riskometer: Tier 1: CRISIL Liquid Overnight Index:

*Investor should consult their financial advisor if in doubt about whether the product is suitable for them

The above Benchmark Riskometer is based on the portfolio as on October 31, 2025.

Potential Risk Class Matrix
Credit Risk Relatively Low (Class A) Moderate (Class B) Relatively High (Class C)
Interest rate Risk
Relatively Low (Class I) A-I
Moderate (Class II)
Relatively High (Class III)

Note: Annualized data for returns and Standard deviation as of Jan 16, 2019

  • Scheme
  • Benchmark

Fund Performance

Total Expense Ratio

Performance(Regular Plan - Growth Option & Direct Plan - Growth Option)

Current Value of Standard Investment of Rs 10000 in the
Period NAV Per Unit (Rs.) Scheme Benchmark Additional Benchmark Returns Schemes Benchmarkrs Additional Benchmark
6 days 1298.4748 5.56 % 5.50 % 5.25 % 10303.64 10299.97 10329.729
7 days 1333.4684 5.57 % 5.50 % 1.95 % 10010.00 10010.00 10004.000
15 days 1331.8284 5.60 % 5.48 % 3.34 % 10022.00 10022.00 10014.000
30 days 1328.6897 5.50 % 5.42 % 4.39 % 10046.00 10045.00 10037.000
1 yrs 1257.9894 6.11 % 6.04 % 6.65 % 10611.00 10604.00 10665.000
3 yrs 1104.6136 6.51 % 6.48 % 7.07 % 12085.00 12073.00 12275.000
5 yrs 1026.9880 5.38 % 5.38 % 5.61 % 13709.00 12999.00 13138.000
Since inception 1000.0000 5.14 % 5.11 % 5.71 % 13349.00 13329.00 13774.000

^ Past performance may or may not be sustained in the future
# CRISIL Credit Risk Debt B-II Index
# # CRISIL 10 Year Gilt Index

^ Past performance may or may not be sustained in the future.
Above returns are in Compounded Annual Growth Rate (CAGR).
@ In case, the start date or the end date of the concerned period is a non-business day, the NAV of the previous business day is considered for computation of returns.

2. Period for which scheme’s performance has been provided is computed basis on last working day of the Month-end preceding the date of publication.
3. Different plans shall have a different expense structure.

IDCW History (Regular Plan - Annual Dividend)

Record Date IDCW (`/Unit)
30-June-2021 2.90651261
30-June-2021 2.9065
29-July-2021 2.45378151
29-July-2021 2.45378151
CLICK HERE TO VIEW THE IDCW HISTORY
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