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| NAV: 13 Dec 2024 | ₹13.88 |
| 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 | 7.9% | 6.0% | 4.9% | 5.2% |
| Category average | 7.5% | 6.1% | 5.1% | NA |
| Rank with in category | 25 | 23 | 22 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.5% | 7.4% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.7% | 7.2% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.5% | 7.0% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.4% | 7.0% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.5% | 6.9% | 12,502.74 |
Holdings (84)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 15.99% |
HDFC Bank Ltd. | Financial | Equity | 3.75% |
Bank Of Baroda | Financial | Equity | 3.60% |
Ambuja Cements Ltd. | Construction | Equity | 3.59% |
Canara Bank | Financial | Equity | 3.57% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 3.44% |
Lupin Ltd. | Healthcare | Equity | 3.42% |
Adani Enterprises Ltd. | Services | Equity | 3.25% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 3.06% |
Bajaj Finance Ltd. | Financial | Equity | 2.96% |
Indus Towers Ltd. | Communication | Equity | 2.84% |
Interglobe Aviation Ltd. | Services | Equity | 2.39% |
Reliance Industries Ltd. | Energy | Equity | 2.29% |
Ultratech Cement Ltd. | Construction | Equity | 2.17% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 2.00% |
Reserve Bank of India | Financial | T-Bills | 1.90% |
Larsen & Toubro Ltd. | Construction | Equity | 1.87% |
Infosys Ltd. | Technology | Equity | 1.72% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 1.65% |
JSW Steel Ltd. | Metals & Mining | Equity | 1.60% |
Reserve Bank of India | Financial | T-Bills | 1.57% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.55% |
Escorts Kubota Ltd. | Automobile | Equity | 1.52% |
TVS Motor Company Ltd. | Automobile | Equity | 1.50% |
DLF Ltd. | Construction | Equity | 1.49% |
ABB India Ltd. | Capital Goods | Equity | 1.37% |
Reserve Bank of India | Financial | T-Bills | 1.29% |
City Union Bank Ltd. | Financial | Equity | 1.29% |
Punjab National Bank | Financial | Equity | 1.15% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 1.13% |
Bharti Airtel Ltd. | Communication | Equity | 1.13% |
Reserve Bank of India | Financial | T-Bills | 1.08% |
Reserve Bank of India | Financial | T-Bills | 1.03% |
Power Finance Corporation Ltd. | Financial | Equity | 1.02% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.00% |
L&T Finance Ltd. | Financial | Equity | 0.96% |
Zydus Lifesciences Ltd. | Healthcare | Equity | 0.88% |
Vodafone Idea Ltd. | Communication | Equity | 0.72% |
Reserve Bank of India | Financial | T-Bills | 0.70% |
Tata Motors Ltd. | Automobile | Equity | 0.68% |
State Bank of India | Financial | Equity | 0.60% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.54% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.32% |
NTPC Ltd. | Energy | Equity | 0.30% |
Reserve Bank of India | Financial | T-Bills | 0.25% |
Reserve Bank of India | Financial | T-Bills | 0.11% |
Reserve Bank of India | Financial | T-Bills | 0.09% |
NTPC Ltd. | Energy | Futures | -0.30% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -0.32% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.54% |
State Bank of India | Financial | Futures | -0.61% |
Tata Motors Ltd. | Automobile | Futures | -0.68% |
Vodafone Idea Ltd. | Communication | Futures | -0.72% |
Zydus Lifesciences Ltd. | Healthcare | Futures | -0.89% |
L&T Finance Ltd. | Financial | Futures | -0.97% |
Tata Steel Ltd. | Metals & Mining | Futures | -1.01% |
Power Finance Corporation Ltd. | Financial | Futures | -1.02% |
Power Grid Corporation Of India Ltd. | Energy | Futures | -1.13% |
Bharti Airtel Ltd. | Communication | Futures | -1.14% |
Punjab National Bank | Financial | Futures | -1.17% |
City Union Bank Ltd. | Financial | Futures | -1.30% |
ABB India Ltd. | Capital Goods | Futures | -1.38% |
TVS Motor Company Ltd. | Automobile | Futures | -1.50% |
DLF Ltd. | Construction | Futures | -1.50% |
Escorts Kubota Ltd. | Automobile | Futures | -1.53% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -1.56% |
JSW Steel Ltd. | Metals & Mining | Futures | -1.60% |
Bharat Petroleum Corporation Ltd. | Energy | Futures | -1.66% |
Infosys Ltd. | Technology | Futures | -1.74% |
Larsen & Toubro Ltd. | Construction | Futures | -1.88% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -2.01% |
Ultratech Cement Ltd. | Construction | Futures | -2.19% |
Reliance Industries Ltd. | Energy | Futures | -2.30% |
Interglobe Aviation Ltd. | Services | Futures | -2.40% |
Indus Towers Ltd. | Communication | Futures | -2.86% |
Bajaj Finance Ltd. | Financial | Futures | -2.98% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -3.08% |
Adani Enterprises Ltd. | Services | Futures | -3.27% |
Lupin Ltd. | Healthcare | Futures | -3.44% |
Hindustan Aeronautics Ltd. | Capital Goods | Futures | -3.46% |
Canara Bank | Financial | Futures | -3.59% |
Bank Of Baroda | Financial | Futures | -3.62% |
Ambuja Cements Ltd. | Construction | Futures | -3.62% |
HDFC Bank Ltd. | Financial | Futures | -3.77% |
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 0.34%
Higher alpha: 1.77
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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