DEBT•OVERNIGHT FUND
Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment
3 Year return
5.87%
NAV on August 11, 2026
1001.9769
1D Returns
+0.27%
Launched on January 2020(6 years)
Investment Details
N/A
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
9.58%₹345
Total Value ₹3,945
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹42.87 Cr.
Expense Ratio
0.09% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
5
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
Bank of India Mutual Fund Manager
MB
Mithraem Bharucha
Fund Manager since Aug 2021
Fund House Details
Bank of India Mutual Fund
Asset management company
AUM
₹15,445.85 Cr.
No. of Schemes
77
Setup Date
March 2008
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Bank of India Overnight Fund | 6.2744% | 0 |
| Axis Overnight Fund | 6.1692% | 5 |
| Mirae Asset Overnight Fund | 6.1508% | 3.5 |
Schemes by Bank of India Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Key Features of The Fund
5-year return
5.5495%
Expense Ratio
0.09%
Fund Manager
Mithraem Bharucha
Fund Size
₹42.87 Cr.
Risk Profile
Low
AMC Contact Details
| Name | Bank of India Mutual Fund |
| Launch Date | March 2008 |
| Address | Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013. |
| Contact | 022-612490001800 - 266 - 2676 1800 - 103 – 226391-22-61249024 |
| service@boimf.in | |
| Website | https://www.boimf.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment on August 11, 2026, is ₹1001.9769
What is the AUM of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment, is ₹42.87 crore.
What is the expense ratio of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment is 0.09%
What are the returns of Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment since inception?
The Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment was launched on January 27, 2020. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment is ₹0.
How do I invest in Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Bank of India Overnight Fund Direct Plan Monthly IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹3,945 in 3Y at 5.8659% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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