Tata Overnight Fund vs Bank of India Overnight Fund
Tata Overnight Fund (Direct) and Bank of India Overnight Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Overnight Fund schemes — see the best overnight mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Jan 2020 – 20 Aug 2026, limited by Bank of India Overnight Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Tata Overnight Fund | Bank of India Overnight Fund |
|---|---|---|
| 28 Jan 2020 | ₹100.00 | ₹100.00 |
| 15 Aug 2020 | ₹101.86 | ₹102.05 |
| 02 Mar 2021 | ₹103.55 | ₹103.81 |
| 18 Sep 2021 | ₹105.34 | ₹105.62 |
| 06 Apr 2022 | ₹107.28 | ₹107.66 |
| 22 Oct 2022 | ₹110.06 | ₹110.47 |
| 10 May 2023 | ₹113.88 | ₹114.39 |
| 26 Nov 2023 | ₹117.99 | ₹118.53 |
| 12 Jun 2024 | ₹122.36 | ₹122.98 |
| 29 Dec 2024 | ₹126.76 | ₹127.45 |
| 17 Jul 2025 | ₹130.99 | ₹131.74 |
| 01 Feb 2026 | ₹134.86 | ₹135.67 |
| 20 Aug 2026 | ₹138.69 | ₹139.76 |
| Metric | Tata · Direct NAV ₹1,450.52 Low risk ★★★★☆ | Bank of India · Direct NAV ₹1,397.79 Low risk ★★★★☆ | Category median Overnight Fund · 47 funds |
|---|---|---|---|
| +5.35% | +5.55%Best in row | +5.31% | |
| +6.15% | +6.26%Best in row | +6.12% | |
| +5.70% | +5.81%Best in row | +5.69% | |
| +5.15% | +5.24% | +5.16% | |
| +5.98% | +6.10%Best in row | — | |
| +5.23% | +5.67%Best in row | +5.30% | |
| +5.19% | +5.45%Best in row | +5.19% | |
| Risk | |||
| 0.11%Best in row | 0.22% | 0.12% | |
| ₹5,354Cr | ₹80.05Cr | ₹524.20Cr | |
| ₹500 | — | — | |
| Vijay Ramesh Kerkar · 0.2y | Mithraem Bharucha · 5y | — | |
| 28 Mar 2019 | 28 Jan 2020 | — | |
| 95.9% | 96.0% | — | |
17 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Sharpe
- —
- Sortino
- —
- Max drawdown
- 0.00%
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Expense ratio (TER)
- 0.09%
- Exit load
- None
- Lock-in
- None
- Min lumpsum
- ₹5.00K
- Portfolio turnover
- —
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Tata Overnight Fund or Bank of India Overnight Fund?
Over the last 3 years, Bank of India Overnight Fund returned +6.26% CAGR against Tata Overnight Fund's +6.15%, computed from AMFI NAV history. Over 5 years: Tata Overnight Fund +5.70% vs Bank of India Overnight Fund +5.81% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Tata Overnight Fund or Bank of India Overnight Fund?
Tata Overnight Fund has the lower expense ratio: Tata Overnight Fund charges 0.09% a year against Bank of India Overnight Fund's 0.09%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Tata Overnight Fund or Bank of India Overnight Fund?
Bank of India Overnight Fund has shown higher volatility (+0.22% annualized vs Tata Overnight Fund's +0.11%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Tata Overnight Fund 0.00% vs Bank of India Overnight Fund 0.00%.
Which fund manages more money — Tata Overnight Fund or Bank of India Overnight Fund?
Tata Overnight Fund is the larger fund: Tata Overnight Fund manages ₹5,354Cr against Bank of India Overnight Fund's ₹80.05Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Tata Overnight Fund and Bank of India Overnight Fund in the same category?
Yes — both are Overnight Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.