Bank of India Arbitrage Fund

Q: What are the returns of this mutual fund scheme?

The Bank of India Arbitrage Fund is a 7 yrs 3 m old fund and has delivered average annual returns of 4.67% since inception. Bank of India Arbitrage Fund Returns 1-Year 3-Year 5-Year Since Inception 6.07% 6.21% 4.63% 4.67%

Q: How much does this mutual fund charge as expense ratio?

The Bank of India Arbitrage Fund has an expense ratio of 0.95% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.9551-0.04% 1 day change	4.67% p.a.	App exclusive #NA View Ranked Funds	₹46 Cr

Historical NAV & returns

NAV: ₹13.9551 as on Sep 29, 2025

This fund Category average

Bank of India Arbitrage Fund overview

AUM (Fund size)	₹46 Cr
Exit load	0.5% Exit load of 0.50% if redeemed within 30 days.!
Lock-in Period	Nil
Age	7 yrs 3 m since May 31, 2018
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.95% as on Aug 31, 2025
Plan type	Regular
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

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 Sep 30, 2025

Period	This fund	Category average
1 Month	0.3%	0.33%
3 Months	1.18%	1.22%
6 Months	2.61%	2.76%
1 Year	6.07%	6.37%
2 Years	6.39%	6.76%
3 Years	6.21%	6.77%
4 Years	5.26%	5.93%
5 Years	4.63%	5.44%
7 Years	4.64%	5.44%

Asset allocationas on Aug 31, 2025

Large Cap -0.28%

Mid Cap -0.06%

Small Cap -0.02%

Other Cap -0%

Top holdings

Reliance Industries Ltd.4.27%

Mahindra & Mahindra Ltd.3.75%

JSW Steel Ltd.3.61%

Sun Pharmaceutical Industries Ltd.3.39%

Top sectors

Financial 13.93%

Capital Goods 10.59%

Metals & Mining 7.5%

Healthcare 6.54%

Cash & Call Money 80.570604%

A1+ 12.724226%

SOV 7.008567%

Others 0.046603%

Top Debt Holdings

Reserve Bank of India 4.95%

Allocation by Instruments

Net Receivables 66.29%

Mutual Fund 16.07%

Repo 13.04%

Treasury Bills 4.949999999999999%

Other Holdings

Others 66.29%

Bank of India Liquid Fund Direct-Growth 16.07%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Arbitrage Fund	0.3%	2.61%	6.07%	6.21%	4.63%	N.A.
Tata Arbitrage Fund	0.33%	2.92%	6.56%	6.92%	5.61%	3.82%
Invesco India Arbitrage Fund	0.35%	2.87%	6.59%	7.12%	5.82%	5.79%
Axis Arbitrage Fund	0.33%	2.87%	6.5%	6.83%	5.59%	5.69%
Edelweiss Arbitrage Fund	0.37%	2.85%	6.62%	7.01%	5.71%	5.86%
Aditya Birla Sun Life Arbitrage Fund	0.33%	2.91%	6.6%	6.94%	5.62%	5.71%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Arbitrage Fund	0.39	0.37	-0.67	-0.81
Tata Arbitrage Fund	0.38	0.34	1.08	1.76
Invesco India Arbitrage Fund	0.36	0.16	1.71	3.06
Axis Arbitrage Fund	0.41	0.35	0.8	1.2
Edelweiss Arbitrage Fund	0.42	0.3	1.16	2.01
Aditya Birla Sun Life Arbitrage Fund	0.4	0.36	1.04	1.65

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bank of India Arbitrage Fund	N.A.	46 Cr	7 yrs 3 m	0.95%
Tata Arbitrage Fund	N.A.	14,982 Cr	6 yrs 9 m	1.08%
Invesco India Arbitrage Fund	N.A.	25,150 Cr	18 yrs 5 m	1.06%
Axis Arbitrage Fund	N.A.	7,545 Cr	11 yrs 2 m	1.02%
Edelweiss Arbitrage Fund	N.A.	15,931 Cr	11 yrs 3 m	1.07%
Aditya Birla Sun Life Arbitrage Fund	N.A.	23,581 Cr	16 yrs 2 m	1.03%

View all Arbitrage funds

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

Alpha	0.43 vs. 1.99 Underperformed at beating benchmark
Sharpe	-0.67 vs. 2.07 Poor risk-adjusted returns
Beta	0.37 vs. 0.58 Less sensitive to market ups & downs
Standard deviation	0.39 vs. 0.31 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 is a Arbitrage mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 7 yrs 3 m, having been launched on 31/05/2018. Bank of India Arbitrage Fund has ₹46 Crores worth of assets under management (AUM) as on 31/08/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India Arbitrage Fund as of 29/09/2025 is ₹13.96. The fund has an expense ratio of 0.95%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.35% allocation to equity and 19.78% to Debt.

Bank of India Arbitrage Fund returns of last 1-year are 6.11%. Since launch, it has delivered 4.68% average annual returns.
Bank of India Arbitrage Fund scheme's ability to deliver returns consistently is lower than 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, Capital Goods, Metals & Mining, Healthcare 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., Mahindra & Mahindra Ltd., JSW Steel Ltd..

...

Fund AUM	46 Cr as on Aug 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	21 view all schemes
Total AUM	12,458 Cr as on Jun 30, 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	1Y	5Y
Bank of India Mid & Small Cap Equity & Debt Fund	N.A.	1,253 Cr	-4.67%	21.98%
Bank of India Balanced Advantage Fund	N.A.	139 Cr	-3.74%	10.98%
Bank of India Conservative Hybrid Fund	N.A.	67 Cr	2.35%	10.89%

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 plan is approximately ₹13.9551 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Bank of India Arbitrage Fund is a 7 yrs 3 m old fund and has delivered average annual returns of 4.67% since inception.

Bank of India Arbitrage Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.07%	6.21%	4.63%	4.67%

How much does this mutual fund charge as expense ratio?

The Bank of India Arbitrage Fund has an expense ratio of 0.95%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 46 Cr as on Aug 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 can I redeem my investments in Bank of India Arbitrage Fund?

Redeeming your investments in the Bank of India Arbitrage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.