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| NAV: 14 Nov 2024 | ₹13.82 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹34.52Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.7% | 5.8% | 4.8% | 5.2% |
| Category average | 7.3% | 5.9% | 5.1% | NA |
| Rank with in category | 26 | 23 | 22 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.4% | 7.3% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.4% | 7.1% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.3% | 6.9% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.2% | 6.9% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.3% | 6.8% | 12,502.74 |
Holdings (71)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 18.77% |
Indian Oil Corporation Ltd. | Energy | Equity | 4.58% |
Canara Bank | Financial | Equity | 4.57% |
HDFC Bank Ltd. | Financial | Equity | 4.42% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 4.23% |
Bank Of Baroda | Financial | Equity | 4.20% |
Adani Enterprises Ltd. | Services | Equity | 4.09% |
Indus Towers Ltd. | Communication | Equity | 3.87% |
Reliance Industries Ltd. | Energy | Equity | 2.99% |
Ultratech Cement Ltd. | Construction | Equity | 2.74% |
Tata Steel Ltd. | Metals & Mining | Equity | 2.69% |
ITC Ltd. | Consumer Staples | Equity | 2.64% |
Larsen & Toubro Ltd. | Construction | Equity | 2.24% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 2.15% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 2.07% |
Bajaj Finance Ltd. | Financial | Equity | 1.95% |
DLF Ltd. | Construction | Equity | 1.93% |
Reserve Bank of India | Financial | T-Bills | 1.85% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 1.81% |
ABB India Ltd. | Capital Goods | Equity | 1.75% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 1.70% |
Interglobe Aviation Ltd. | Services | Equity | 1.66% |
Ambuja Cements Ltd. | Construction | Equity | 1.65% |
Reserve Bank of India | Financial | T-Bills | 1.52% |
L&T Finance Ltd. | Financial | Equity | 1.44% |
Reserve Bank of India | Financial | T-Bills | 1.44% |
TVS Motor Company Ltd. | Automobile | Equity | 1.44% |
City Union Bank Ltd. | Financial | Equity | 1.42% |
Reserve Bank of India | Financial | T-Bills | 1.40% |
Infosys Ltd. | Technology | Equity | 1.30% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.29% |
Reserve Bank of India | Financial | T-Bills | 1.26% |
The Indian Hotels Company Ltd. | Services | Equity | 1.19% |
Vodafone Idea Ltd. | Communication | Equity | 1.08% |
State Bank of India | Financial | Equity | 0.68% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.67% |
Reserve Bank of India | Financial | T-Bills | 0.43% |
Reserve Bank of India | Financial | T-Bills | 0.30% |
Reserve Bank of India | Financial | T-Bills | 0.12% |
Reserve Bank of India | Financial | T-Bills | 0.11% |
Reserve Bank of India | Financial | T-Bills | 0.09% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.68% |
State Bank of India | Financial | Futures | -0.69% |
Vodafone Idea Ltd. | Communication | Futures | -1.09% |
The Indian Hotels Company Ltd. | Services | Futures | -1.20% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -1.30% |
Infosys Ltd. | Technology | Futures | -1.30% |
City Union Bank Ltd. | Financial | Futures | -1.43% |
TVS Motor Company Ltd. | Automobile | Futures | -1.45% |
L&T Finance Ltd. | Financial | Futures | -1.45% |
Ambuja Cements Ltd. | Construction | Futures | -1.66% |
Interglobe Aviation Ltd. | Services | Futures | -1.68% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -1.71% |
ABB India Ltd. | Capital Goods | Futures | -1.77% |
Hindustan Petroleum Corporation Ltd. | Energy | Futures | -1.82% |
DLF Ltd. | Construction | Futures | -1.94% |
Bajaj Finance Ltd. | Financial | Futures | -1.97% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -2.09% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -2.16% |
Larsen & Toubro Ltd. | Construction | Futures | -2.25% |
ITC Ltd. | Consumer Staples | Futures | -2.66% |
Tata Steel Ltd. | Metals & Mining | Futures | -2.70% |
Ultratech Cement Ltd. | Construction | Futures | -2.76% |
Reliance Industries Ltd. | Energy | Futures | -3.02% |
Indus Towers Ltd. | Communication | Futures | -3.89% |
Adani Enterprises Ltd. | Services | Futures | -4.11% |
Bank Of Baroda | Financial | Futures | -4.22% |
Hindustan Aeronautics Ltd. | Capital Goods | Futures | -4.26% |
HDFC Bank Ltd. | Financial | Futures | -4.45% |
Canara Bank | Financial | Futures | -4.60% |
Indian Oil Corporation Ltd. | Energy | Futures | -4.61% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.45%
Higher alpha: 1.71
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
3Y and 5Y annualised returns lower than category average
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Exit load of 0.50% if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Firdaus Marazban RaginaOct 2024 - PresentView details
Firdaus Marazban Ragina
Oct 2024 - Present
View details
Education
Mr. Ragina has a B.Com degree
Experience
Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
Bank of India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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