Bank of India Arbitrage Fund Direct-Growth

Q: What are the returns of Bank of India Arbitrage Fund?

The Bank of India Arbitrage Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 5.28% since inception. Bank of India Arbitrage Fund Returns 1-Year 3-Year 5-Year Since Inception 7.46% 6.45% 5.06% 5.28%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹14.2434-0.02% 1 day change	5.28% p.a.	#NA View Ranked Funds	1

Historical NAV & returns

NAV: ₹14.2434 as on Apr 23, 2025

This fund Category average

Bank of India Arbitrage Fund overview

VRO rating	1
Expense ratio	0.59% as on Mar 31, 2025
Exit load	0.5% Exit load of 0.50% if redeemed within 30 days.!
AUM (Fund size)	₹44 Crs
Lock-in	No Lockin
Age	6 yrs 10 m since May 31, 2018
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Bank of India Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	0.73%	0.78%
3 months	1.75%	1.85%
6 months	3.66%	3.83%
1 year	7.46%	7.73%
3 years	6.45%	7.19%
5 years	5.06%	5.96%

Asset allocationas on Mar 31, 2025

Large Cap -0.201656%

Mid Cap -0.060956%

Small Cap -0.017416%

Other Cap 2.7999999999974538E-5%

Top holdings

Reliance Industries Ltd.4.67%

Kotak Mahindra Bank Ltd.4.37%

Sun Pharmaceutical Industries Ltd.3.89%

Mahindra & Mahindra Ltd.3.31%

Top sectors

Financial 15.27%

Services 10.969999999999999%

Healthcare 8.66%

Communication 7.109999999999999%

Cash & Call Money 75.67005%

A1+ 12.81885%

SOV 11.74985%

Others 0.04125%

Top Debt Holdings

Reserve Bank of India 7.94%

Allocation by Instruments

Net Receivables 74.22%

Mutual Fund 16.5%

Treasury Bills 7.9399999999999995%

Repo 1.62%

Other Holdings

Others 74.22%

Bank of India Liquid Fund Direct-Growth 16.5%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bank of India Arbitrage Fund	N.A.	₹44 Crs	6 yrs 10 m	0.59%
Tata Arbitrage Fund	N.A.	₹12,790 Crs	6 yrs 4 m	0.3%
Invesco India Arbitrage Fund	N.A.	₹19,675 Crs	12 yrs 3 m	0.39%
Edelweiss Arbitrage Fund	N.A.	₹14,003 Crs	10 yrs 10 m	0.36%
Axis Arbitrage Fund	N.A.	₹5,746 Crs	10 yrs 8 m	0.31%
Aditya Birla Sun Life Arbitrage Fund	N.A.	₹14,236 Crs	12 yrs 3 m	0.29%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Arbitrage Fund	0.73%	3.66%	7.46%	6.45%	5.06%	N.A.
Tata Arbitrage Fund	0.84%	3.98%	8.0%	7.44%	6.29%	4.09%
Invesco India Arbitrage Fund	0.78%	3.92%	7.99%	7.66%	6.33%	6.53%
Edelweiss Arbitrage Fund	0.79%	3.99%	7.94%	7.47%	6.24%	6.65%
Axis Arbitrage Fund	0.83%	3.9%	7.85%	7.26%	6.12%	6.55%
Aditya Birla Sun Life Arbitrage Fund	0.88%	3.99%	7.98%	7.37%	6.13%	6.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Arbitrage Fund	0.58	0.79	0.1	0.11
Tata Arbitrage Fund	0.53	0.71	1.85	2.22
Invesco India Arbitrage Fund	0.49	0.45	2.6	2.95
Edelweiss Arbitrage Fund	0.56	0.64	1.88	2.18
Axis Arbitrage Fund	0.56	0.61	1.49	1.64
Aditya Birla Sun Life Arbitrage Fund	0.54	0.67	1.7	1.92

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.69 vs. 2.73 Underperformed at beating benchmark
Sharpe	0.1 vs. 2.45 Poor risk-adjusted returns
Beta	0.79 vs. 0.79 Less sensitive to market ups & downs
Standard deviation	0.58 vs. 0.42 More volatile performance

Compare Bank of India Arbitrage Fund in detail with

About this fund

About Bank of India Arbitrage Fund

Bank of India Arbitrage Fund Direct-Growth is a Arbitrage mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 6 yrs 10 m, having been launched on 31/05/2018. Bank of India Arbitrage Fund Direct-Growth has ₹44 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India Arbitrage Fund Direct-Growth as of 23/04/2025 is ₹14.24. The fund has an expense ratio of 0.59%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.28% allocation to equity and 24.61% to Debt.

Bank of India Arbitrage Fund Direct-Growth returns of last 1-year are 7.47%. Since launch, it has delivered 5.30% average annual returns.
Bank of India Arbitrage Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
The fund's equity portion is primarily invested in Unclassified, Financial, Services, Healthcare, Communication sectors. It has taken less exposure in Unclassified, Financial sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Bank of India Liquid Fund Direct-Growth, Reserve Bank of India, Reliance Industries Ltd., Kotak Mahindra Bank Ltd., Sun Pharmaceutical Industries Ltd..

...

Fund AUM	₹44 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Firdaus Marazban Ragina

Mr. Ragina has a B.Com degree Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.

Investment objective

The scheme seeks to generate income through arbitrage opportunities between cash and derivative segments of the equity market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments.

Bank of India Mutual Fund details

No. of schemes	20 view all schemes
Total AUM	₹11,518 Crs as on Mar 31, 2025
Address	B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, 400013
Email	service@boiaxa-im.com

More funds from Bank of India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Bank of India Mid & Small Cap Equity & Debt Fund	N.A.	₹1,068 Crs	6.59%	28.53%
Bank of India Balanced Advantage Fund	N.A.	₹132 Crs	3.04%	13.18%
Bank of India Conservative Hybrid Fund	N.A.	₹66 Crs	5.28%	13.14%
Bank of India Multi Asset Allocation Fund	N.A.	₹333 Crs	8.47%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Bank of India Arbitrage Fund?

The current Net Asset Value (NAV) of the Bank of India Arbitrage Fund - Direct Growth plan is approximately ₹14.2434 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Bank of India Arbitrage Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 5.28% since inception.

Bank of India Arbitrage Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.46%	6.45%	5.06%	5.28%

How much does this mutual fund charge as expense ratio?

The Bank of India Arbitrage Fund - Direct Growth has an expense ratio of 0.59%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bank of India Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately ₹44 Crs crore as of Mar 31, 2025.

What is risk level of Bank of India Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bank of India Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bank of India Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bank of India Arbitrage Fund is complete.

How can I redeem my investments in Bank of India Arbitrage Fund?

Redeeming your investments in Bank of India Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bank of India Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Arbitrage

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.50% if redeemed within 30 days.