Bank of India Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
5.64%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Oct 2024₹13.71
Min. SIP amount₹1,000
Rating1
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
1Y3Y5YAll
Fund returns7.6%5.6%4.8%5.1%
Category average7.3%5.8%5.1%NA
Rank with in category242322NA
Understand terms

Holdings (71)

NameSectorInstrumentAssets
Bank of India Liquid Fund Direct-Growth
NAMutual Fund18.77%
EnergyEquity4.58%
FinancialEquity4.57%
FinancialEquity4.42%
Capital GoodsEquity4.23%
FinancialEquity4.20%
ServicesEquity4.09%
CommunicationEquity3.87%
EnergyEquity2.99%
ConstructionEquity2.74%
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 0.27%
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 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
Website
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,

Compare funds

Bank of India Arbitrage Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.4.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ