Bank of India Overnight Fund - Direct Plan has delivered 29.24% absolute return over the last 5 years.
The average return for Overnight funds is 27.50% .
This fund ranks #1 in its category based on 5-year returns.
The largest portfolio holding is REPO with a portfolio weight of 96.77% .
The fund currently owns more than 6 stocks.
The top 10 holdings account for 100.00% of total assets.
Based on portfolio allocation, this fund appears highly concentrated compared with peers.
| Metric | Fund | Category Avg |
|---|---|---|
| 1 Year Return | 5.52% | 5.42% |
| 2 Year Return | 12.14% | 10.93% |
| 3 Year Return | 19.86% | 18.54% |
| 4 Year Return | 27.75% | 20.97% |
| 5 Year Return | 32.89% | 27.50% |
| 6 Year Return | 37.16% | 34.58% |
| 7 Year Return | N/A | 41.77% |
| Expense Ratio | 0.08% | - |
| # | Company | Sector | Weight |
|---|---|---|---|
| 1 |
96.77%
|
||
| 2 |
1.77%
|
||
| 3 | Others - Not Mentioned |
1.18%
|
|
| 4 |
1.18%
|
||
| 5 |
0.15%
|
||
| 6 |
-1.05%
|
AMC: BANKOFINDIA
Category: Debt • Overnight
Launch Date: 27 Jan 2020
Fund Manager: Mr. Mithraem Bharucha
Minimum Purchase: ₹5,000
Exit Load:
Lock-in: 1
Risk: Low Risk
Bank of India Overnight Fund - Direct Plan is managed by BANKOFINDIA and belongs to the Debt category.
Investors often evaluate this fund using metrics such as portfolio holdings, diversification, expense ratio, risk profile and long-term NAV performance.
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