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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Bank of India Arbitrage Fund Growth
+6.38%
3Y annualised
+0.06% 1D
NAV: 23 Apr '26
₹14.42
Min. for SIP
₹1,000
Fund size (AUM)
₹44.79 Cr
Expense ratio
3.81%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,370 | +1.23% | |
| 1 year | ₹60,000 | ₹61,568 | +2.61% | |
| 3 years | ₹1,80,000 | ₹1,96,726 | +9.29% | |
| 5 years | ₹3,00,000 | ₹3,46,318 | +15.44% |
Holdings (66)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Bank of India Liquid Fund Direct-Growth | -- | Mutual Fund | 13.47% |
| HDFC Bank Ltd. | Financial | Equity | 4.58% |
| Sammaan Capital Ltd. | Financial | Equity | 4.45% |
| Grasim Industries Ltd. | Construction | Equity | 4.43% |
| JSW Steel Ltd. | Metals & Mining | Equity | 4.06% |
| JIO Financial Services Ltd. | Financial | Equity | 3.65% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.17% |
| Patanjali Foods Ltd. | Consumer Staples | Equity | 3.14% |
| UPL Ltd. | Chemicals | Equity | 3.09% |
| Indus Towers Ltd. | Communication | Equity | 3.02% |
| Axis Bank Ltd. | Financial | Equity | 2.92% |
| Bharti Airtel Ltd. | Communication | Equity | 2.84% |
| ITC Ltd. | Consumer Staples | Equity | 2.57% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.45% |
| Reserve Bank of India | Financial | T-Bills | 2.17% |
| Britannia Industries Ltd. | Consumer Staples | Equity | 2.12% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.05% |
| Reserve Bank of India | Financial | T-Bills | 2.00% |
| Bank Of Baroda | Financial | Equity | 1.94% |
| Delhivery Ltd. | Services | Equity | 1.93% |
| Tata Consumer Products Ltd. | Consumer Staples | Equity | 1.87% |
| RBL Bank Ltd. | Financial | Equity | 1.85% |
| Godrej Properties Ltd. | Construction | Equity | 1.81% |
| PNB Housing Finance Ltd. | Financial | Equity | 1.75% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.64% |
| Punjab National Bank | Financial | Equity | 1.62% |
| Hindustan Petroleum Corporation Ltd. | Energy | Equity | 1.52% |
| Lodha Developers Ltd. | Construction | Equity | 1.50% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.33% |
| Reserve Bank of India | Financial | T-Bills | 1.09% |
| Reserve Bank of India | Financial | T-Bills | 1.00% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.95% |
| Ambuja Cements Ltd. | Construction | Equity | 0.38% |
| Exide Industries Ltd. | Capital Goods | Equity | 0.23% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.14% |
| Reserve Bank of India | Financial | T-Bills | 0.11% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.14% |
| Exide Industries Ltd. | Capital Goods | Futures | -0.23% |
| Ambuja Cements Ltd. | Construction | Futures | -0.38% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Futures | -0.95% |
| Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.34% |
| Lodha Developers Ltd. | Construction | Futures | -1.50% |
| Hindustan Petroleum Corporation Ltd. | Energy | Futures | -1.52% |
| Punjab National Bank | Financial | Futures | -1.62% |
| Bajaj Finserv Ltd. | Financial | Futures | -1.64% |
| PNB Housing Finance Ltd. | Financial | Futures | -1.76% |
| Godrej Properties Ltd. | Construction | Futures | -1.81% |
| RBL Bank Ltd. | Financial | Futures | -1.86% |
| Tata Consumer Products Ltd. | Consumer Staples | Futures | -1.88% |
| Delhivery Ltd. | Services | Futures | -1.94% |
| Bank Of Baroda | Financial | Futures | -1.95% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -2.06% |
| Britannia Industries Ltd. | Consumer Staples | Futures | -2.13% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -2.46% |
| ITC Ltd. | Consumer Staples | Futures | -2.58% |
| Bharti Airtel Ltd. | Communication | Futures | -2.85% |
| Axis Bank Ltd. | Financial | Futures | -2.93% |
| Indus Towers Ltd. | Communication | Futures | -3.02% |
| UPL Ltd. | Chemicals | Futures | -3.10% |
| Patanjali Foods Ltd. | Consumer Staples | Futures | -3.13% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -3.18% |
| JIO Financial Services Ltd. | Financial | Futures | -3.65% |
| JSW Steel Ltd. | Metals & Mining | Futures | -4.07% |
| Grasim Industries Ltd. | Construction | Futures | -4.43% |
| Sammaan Capital Ltd. | Financial | Futures | -4.47% |
| HDFC Bank Ltd. | Financial | Futures | -4.61% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹1,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +5.6% | +6.4% | +5.1% | +4.8% |
| Category average (Hybrid Arbitrage) | +6.1% | +6.8% | +5.6% | -- |
| Rank (Hybrid Arbitrage) | 28 | 23 | 23 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.50%, if redeemed within 15 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
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.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Kotak Arbitrage Fund Growth | +6.01% | +7.13% | 67,116.51 | |
UTI Arbitrage Fund Plan Growth | +6.08% | +7.07% | 10,499.51 | |
SBI Arbitrage Opportunities Fund Growth | +6.15% | +7.06% | 41,059.15 | |
Invesco India Arbitrage Fund Growth | +6.06% | +7.02% | 26,370.10 | |
ICICI Prudential Equity Arbitrage Growth | +6.03% | +7.00% | 31,341.62 | |
| Compare | ||||
Fund management
NJNilesh JethaniJul 2025 - PresentView details
NJ
Nilesh Jethani
Jul 2025 - Present
View details
About Bank of India Arbitrage Fund Growth
Bank of India Arbitrage Fund Growth is a Hybrid Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Nilesh Jethani is the Current Fund Manager of Bank of India Arbitrage Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,424 Cr and the Latest NAV as of 23 Apr 2026 is ₹14.42.
The Bank of India Arbitrage Fund Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.50%, if redeemed within 15 days.
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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.
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Fund house
Rank (total assets)#31 in India
Total AUM₹13,424.16 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,