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| NAV: 24 Apr 2025 | ₹14.24 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹43.72Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹60,000
Would have become ₹62,003 (+3.34%)
Holdings (93)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 16.50% |
Reliance Industries Ltd. | Energy | Equity | 4.67% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 4.37% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.89% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 3.31% |
Max Healthcare Institute Ltd. | Healthcare | Equity | 3.16% |
Bharti Airtel Ltd. | Communication | Equity | 3.01% |
Canara Bank | Financial | Equity | 2.89% |
Axis Bank Ltd. | Financial | Equity | 2.84% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 2.62% |
Indus Towers Ltd. | Communication | Equity | 2.60% |
ITC Ltd. | Consumer Staples | Equity | 2.40% |
Adani Enterprises Ltd. | Services | Equity | 2.38% |
JSW Steel Ltd. | Metals & Mining | Equity | 2.30% |
Bank Of Baroda | Financial | Equity | 2.29% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 2.19% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.01% |
The Indian Hotels Company Ltd. | Services | Equity | 1.98% |
Jubilant FoodWorks Ltd. | Services | Equity | 1.90% |
Godrej Properties Ltd. | Construction | Equity | 1.86% |
Reserve Bank of India | Financial | T-Bills | 1.82% |
Aurobindo Pharma Ltd. | Healthcare | Equity | 1.61% |
HFCL Ltd. | Communication | Equity | 1.50% |
Info Edge (India) Ltd. | Services | Equity | 1.48% |
Reserve Bank of India | Financial | T-Bills | 1.42% |
JSW Energy Ltd. | Capital Goods | Equity | 1.29% |
Reserve Bank of India | Financial | T-Bills | 1.24% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 1.19% |
Ultratech Cement Ltd. | Construction | Equity | 1.18% |
Shriram Finance Ltd | Financial | Equity | 1.13% |
Aditya Birla Fashion and Retail Ltd. | Services | Equity | 1.07% |
Punjab National Bank | Financial | Equity | 1.06% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 1.03% |
Reserve Bank of India | Financial | T-Bills | 0.98% |
Trent Ltd. | Services | Equity | 0.97% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.97% |
Tata Power Company Ltd. | Energy | Equity | 0.93% |
ABB India Ltd. | Capital Goods | Equity | 0.79% |
Reserve Bank of India | Financial | T-Bills | 0.77% |
JIO Financial Services Ltd. | Financial | Equity | 0.69% |
Reserve Bank of India | Financial | T-Bills | 0.67% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.60% |
Reserve Bank of India | Financial | T-Bills | 0.51% |
Tata Motors Ltd. | Automobile | Equity | 0.51% |
Ambuja Cements Ltd. | Construction | Equity | 0.44% |
Aarti Industries Ltd. | Chemicals | Equity | 0.36% |
Reserve Bank of India | Financial | T-Bills | 0.34% |
Infosys Ltd. | Technology | Equity | 0.29% |
Oil India Ltd. | Energy | Equity | 0.19% |
Godrej Consumer Products Ltd. | Consumer Staples | Equity | 0.13% |
Reserve Bank of India | Financial | T-Bills | 0.10% |
Reserve Bank of India | Financial | T-Bills | 0.09% |
Godrej Consumer Products Ltd. | Consumer Staples | Futures | -0.13% |
Oil India Ltd. | Energy | Futures | -0.19% |
Infosys Ltd. | Technology | Futures | -0.29% |
Aarti Industries Ltd. | Chemicals | Futures | -0.36% |
Ambuja Cements Ltd. | Construction | Futures | -0.44% |
Tata Motors Ltd. | Automobile | Futures | -0.51% |
Power Grid Corporation Of India Ltd. | Energy | Futures | -0.60% |
JIO Financial Services Ltd. | Financial | Futures | -0.69% |
ABB India Ltd. | Capital Goods | Futures | -0.79% |
Tata Power Company Ltd. | Energy | Futures | -0.93% |
Tata Steel Ltd. | Metals & Mining | Futures | -0.98% |
Trent Ltd. | Services | Futures | -0.98% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Futures | -1.03% |
Punjab National Bank | Financial | Futures | -1.06% |
Aditya Birla Fashion and Retail Ltd. | Services | Futures | -1.07% |
Shriram Finance Ltd | Financial | Futures | -1.13% |
Ultratech Cement Ltd. | Construction | Futures | -1.19% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -1.20% |
JSW Energy Ltd. | Capital Goods | Futures | -1.30% |
Info Edge (India) Ltd. | Services | Futures | -1.48% |
HFCL Ltd. | Communication | Futures | -1.51% |
Aurobindo Pharma Ltd. | Healthcare | Futures | -1.61% |
Godrej Properties Ltd. | Construction | Futures | -1.87% |
Jubilant FoodWorks Ltd. | Services | Futures | -1.91% |
The Indian Hotels Company Ltd. | Services | Futures | -1.99% |
Hindustan Aeronautics Ltd. | Capital Goods | Futures | -2.02% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -2.20% |
JSW Steel Ltd. | Metals & Mining | Futures | -2.30% |
Bank Of Baroda | Financial | Futures | -2.31% |
Adani Enterprises Ltd. | Services | Futures | -2.39% |
ITC Ltd. | Consumer Staples | Futures | -2.41% |
Indus Towers Ltd. | Communication | Futures | -2.61% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -2.64% |
Axis Bank Ltd. | Financial | Futures | -2.84% |
Canara Bank | Financial | Futures | -2.90% |
Bharti Airtel Ltd. | Communication | Futures | -3.03% |
Max Healthcare Institute Ltd. | Healthcare | Futures | -3.18% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -3.32% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -3.90% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -4.38% |
Reliance Industries Ltd. | Energy | Futures | -4.69% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.5% | 6.4% | 5.0% | 5.3% |
| Category average | 7.0% | 6.5% | 5.3% | NA |
| Rank with in category | 22 | 23 | 22 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.0% | 7.6% | 19,675.15 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.0% | 7.5% | 60,373.17 |
Tata Arbitrage Fund Direct Growth | 5 | 8.0% | 7.4% | 12,789.92 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.0% | 7.4% | 14,236.09 |
Nippon India Arbitrage Fund Direct Growth | 4 | 7.8% | 7.3% | 13,733.37 |
Expense ratio, exit load and tax
Expense ratio: 0.59%
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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
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
service@boiaxa-im.com
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,
Website
www.karvymfs.comPros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.59%
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: 1.69
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
Compare funds
Bank of India Arbitrage Fund Direct Growth
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Bengaluru – 560103
Karnataka
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