Bank of India Overnight Fund-Reg(DD-IDCW)

• 1 Year Returns: 0.00%
• 3 Year Returns: 0.00%
• 5 Year Returns: 0.00%

• Miscellaneous | 106.58%
• Others | -6.58%

• REPO | 106.55%
• TREPS | 0.03%
• 182 Days Tbill (MD 12/12/2024) | N/A%
• Net Receivables / (Payables) | -6.58%

• Cash & Equivalents | 100.00%

The alpha ratio for the Bank of India Overnight Fund-Reg(DD-IDCW) is 0.04

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Bank of India Overnight Fund-Reg(DD-IDCW) is 0.01

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Bank of India Overnight Fund-Reg(DD-IDCW) is 39.04

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Bank of India Overnight Fund-Reg(DD-IDCW) is 0.16

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.