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Bank of India Arbitrage Fund Growth
Hybrid
Arbitrage
Low Risk
+6.35%
3Y annualised
-0.05% 1D
NAV: 20 Feb '26
₹14.29
Min. for SIP
Not Supported
Fund size
₹47.24 Cr
Expense ratio
0.94%
Holdings (72)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 12.64% |
| Grasim Industries Ltd. | Construction | Equity | 4.62% |
| Sammaan Capital Ltd. | Financial | Equity | 4.25% |
| JSW Steel Ltd. | Metals & Mining | Equity | 4.16% |
| JIO Financial Services Ltd. | Financial | Equity | 3.92% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 3.68% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.49% |
| Axis Bank Ltd. | Financial | Equity | 3.26% |
| Patanjali Foods Ltd. | Consumer Staples | Equity | 3.24% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 3.08% |
| Vedanta Ltd. | Metals & Mining | Equity | 2.82% |
| ITC Ltd. | Consumer Staples | Equity | 2.73% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 2.55% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.25% |
| Bank Of Baroda | Financial | Equity | 2.22% |
| Britannia Industries Ltd. | Consumer Staples | Equity | 2.17% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 2.10% |
| Lodha Developers Ltd. | Construction | Equity | 2.04% |
| Reserve Bank of India | Financial | T-Bills | 2.04% |
| Tata Consumer Products Ltd. | Consumer Staples | Equity | 1.98% |
| Punjab National Bank | Financial | Equity | 1.91% |
| Reserve Bank of India | Financial | T-Bills | 1.88% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.86% |
| Delhivery Ltd. | Services | Equity | 1.86% |
| Godrej Properties Ltd. | Construction | Equity | 1.84% |
| Hindustan Petroleum Corporation Ltd. | Energy | Equity | 1.83% |
| PNB Housing Finance Ltd. | Financial | Equity | 1.81% |
| RBL Bank Ltd. | Financial | Equity | 1.81% |
| Tube Investments Of India Ltd. | Automobile | Equity | 1.68% |
| Indian Oil Corporation Ltd. | Energy | Equity | 1.18% |
| Reserve Bank of India | Financial | T-Bills | 1.02% |
| Reserve Bank of India | Financial | T-Bills | 0.94% |
| Bajaj Finance Ltd. | Financial | Equity | 0.89% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 0.71% |
| Ambuja Cements Ltd. | Construction | Equity | 0.45% |
| Exide Industries Ltd. | Capital Goods | Equity | 0.25% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.14% |
| Indusind Bank Ltd. | Financial | Equity | 0.13% |
| Reserve Bank of India | Financial | T-Bills | 0.10% |
| Indusind Bank Ltd. | Financial | Futures | -0.13% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.14% |
| Exide Industries Ltd. | Capital Goods | Futures | -0.25% |
| Ambuja Cements Ltd. | Construction | Futures | -0.45% |
| Hindalco Industries Ltd. | Metals & Mining | Futures | -0.71% |
| Bajaj Finance Ltd. | Financial | Futures | -0.89% |
| Indian Oil Corporation Ltd. | Energy | Futures | -1.18% |
| Tube Investments Of India Ltd. | Automobile | Futures | -1.68% |
| RBL Bank Ltd. | Financial | Futures | -1.81% |
| PNB Housing Finance Ltd. | Financial | Futures | -1.82% |
| Godrej Properties Ltd. | Construction | Futures | -1.84% |
| Hindustan Petroleum Corporation Ltd. | Energy | Futures | -1.84% |
| Bajaj Finserv Ltd. | Financial | Futures | -1.86% |
| Delhivery Ltd. | Services | Futures | -1.87% |
| Punjab National Bank | Financial | Futures | -1.92% |
| Tata Consumer Products Ltd. | Consumer Staples | Futures | -1.99% |
| Lodha Developers Ltd. | Construction | Futures | -2.04% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Futures | -2.11% |
| Britannia Industries Ltd. | Consumer Staples | Futures | -2.18% |
| Bank Of Baroda | Financial | Futures | -2.23% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -2.26% |
| Max Healthcare Institute Ltd. | Healthcare | Futures | -2.56% |
| ITC Ltd. | Consumer Staples | Futures | -2.74% |
| Vedanta Ltd. | Metals & Mining | Futures | -2.83% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -3.08% |
| Patanjali Foods Ltd. | Consumer Staples | Futures | -3.25% |
| Axis Bank Ltd. | Financial | Futures | -3.27% |
| Mahindra & Mahindra Ltd Warrant | Automobile | Futures | -3.50% |
| Multi Commodity Exchange Of India Ltd. | Services | Futures | -3.68% |
| JIO Financial Services Ltd. | Financial | Futures | -3.94% |
| JSW Steel Ltd. | Metals & Mining | Futures | -4.18% |
| Sammaan Capital Ltd. | Financial | Futures | -4.27% |
| Grasim Industries Ltd. | Construction | Futures | -4.65% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +5.8% | +6.3% | +5.0% | +4.8% |
| Category average (Hybrid Arbitrage) | +6.1% | +6.8% | +5.6% | -- |
| Rank (Hybrid Arbitrage) | 27 | 24 | 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
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%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Kotak Arbitrage Fund Growth | +6.30% | +7.18% | 71,931.38 | |
UTI Arbitrage Fund Plan Growth | +6.43% | +7.12% | 10,956.71 | |
SBI Arbitrage Opportunities Fund Growth | +6.40% | +7.11% | 43,574.28 | |
Invesco India Arbitrage Fund Growth | +6.33% | +7.08% | 28,593.32 | |
ICICI Prudential Equity Arbitrage Growth | +6.36% | +7.05% | 32,976.02 | |
| 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 ₹14,065 Cr and the Latest NAV as of 20 Feb 2026 is ₹14.29.
The Bank of India Arbitrage Fund Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. 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₹14,064.67 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,