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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Bank of India Arbitrage Fund Growth
+6.08%
3Y annualised
-0.29% 1D
NAV: 26 Aug '26
₹14.64
Min. for SIP
₹1,000
Fund size (AUM)
₹135.81 Cr
Expense ratio
2.93%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,330 | +1.10% | |
| 1 year | ₹60,000 | ₹61,497 | +2.50% | |
| 3 years | ₹1,80,000 | ₹1,96,095 | +8.94% | |
| 5 years | ₹3,00,000 | ₹3,46,225 | +15.41% |
Holdings (83)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 75.37% |
| BOI AXA Liquid Fund Direct-Growth | Unspecified | Mutual Fund | 14.15% |
| Canara Bank | Financial | Equity | 4.97% |
| Vedanta Ltd | Materials | Equity | 4.12% |
| ITC Ltd | Consumer Staples | Equity | 3.89% |
| Divi's Laboratories Ltd | Healthcare | Equity | 3.74% |
| Bajaj Finance Ltd | Financial | Equity | 3.66% |
| Repo | Unspecified | Repo | 3.59% |
| State Bank of India | Financial | Equity | 3.57% |
| PUNJAB NATIONAL BANK CD 04FEB27 | Financial | Certificate of Deposit | 3.56% |
| Bank Of Baroda | Financial | Equity | 3.45% |
| Vodafone Idea Ltd | Technology | Equity | 3.36% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.22% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.18% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 3.11% |
| Steel Authority Of India Ltd | Materials | Equity | 3.10% |
| HDFC Bank Ltd | Financial | Equity | 3.04% |
| Tata Steel Ltd | Materials | Equity | 2.65% |
| JSW Steel Ltd | Materials | Equity | 2.59% |
| Axis Bank Ltd | Financial | Equity | 2.26% |
| Samvardhana Motherson International Ltd | Consumer Discretionary | Equity | 2.25% |
| National Aluminium Company Ltd | Materials | Equity | 2.03% |
| Ambuja Cements Ltd | Materials | Equity | 1.49% |
| Indian Bank | Financial | Equity | 1.42% |
| Bharti Airtel Ltd | Technology | Equity | 1.10% |
| UPL Ltd | Materials | Equity | 1.09% |
| GOVERNMENT OF INDIA 37629 091 DAYS TBILL 01OT26 FV RS 100 | Financial | Treasury Bills | 1.09% |
| Cipla Ltd | Healthcare | Equity | 0.97% |
| Grasim Industries Ltd | Materials | Equity | 0.86% |
| ICICI Prudential Life Insurance Company Ltd | Financial | Equity | 0.84% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 0.76% |
| Apollo Hospitals Enterprise Ltd | Healthcare | Equity | 0.74% |
| GOVERNMENT OF INDIA 36582 364 DAYS TBILL 08OT26 FV RS 100 | Financial | Treasury Bills | 0.73% |
| Biocon Ltd | Healthcare | Equity | 0.71% |
| GOVERNMENT OF INDIA 37177 364 DAYS TBILL 04MR27 FV RS 100 | Financial | Treasury Bills | 0.64% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.62% |
| Info Edge (India) Ltd | Technology | Equity | 0.60% |
| Godrej Properties Ltd | Real Estate | Equity | 0.40% |
| GOVERNMENT OF INDIA 36428 364 DAYS TBILL 10SP26 FV RS 100 | Financial | Treasury Bills | 0.37% |
| GOVERNMENT OF INDIA 37392 182 DAYS TBILL 22OT26 FV RS 100 | Financial | Treasury Bills | 0.36% |
| GOVERNMENT OF INDIA 37449 182 DAYS TBILL 19NV26 FV RS 100 | Financial | Treasury Bills | 0.36% |
| Petronet LNG Ltd | Energy & Utilities | Equity | 0.31% |
| Ultratech Cement Ltd | Materials | Equity | 0.26% |
| Jindal Steel & Power Ltd | Materials | Equity | 0.10% |
| Punjab National Bank | Financial | Equity | 0.07% |
| Indus Towers Ltd | Technology | Equity | 0.05% |
| GOVERNMENT OF INDIA 36908 364 DAYS TBILL 07JN27 FV RS 100 | Financial | Treasury Bills | 0.04% |
| Indus Towers Limited August 2026 Future | Technology | Futures | -0.05% |
| Punjab National Bank August 2026 Future | Financial | Futures | -0.07% |
| Jindal Steel Limited August 2026 Future | Materials | Futures | -0.10% |
| UltraTech Cement Limited August 2026 Future | Materials | Futures | -0.26% |
| Petronet LNG Limited August 2026 Future | Energy & Utilities | Futures | -0.31% |
| Godrej Properties Limited August 2026 Future | Real Estate | Futures | -0.40% |
| Info Edge (India) Limited August 2026 Future | Technology | Futures | -0.60% |
| HDFC Life Insurance Company Limited August 2026 Future | Financial | Futures | -0.63% |
| Biocon Limited August 2026 Future | Healthcare | Futures | -0.71% |
| Apollo Hospitals Enterprise Limited August 2026 Future | Healthcare | Futures | -0.74% |
| CG Power and Industrial Solutions Limited August 2026 Future | Industrials | Futures | -0.76% |
| ICICI Prudential Life Insurance Company Limited August 2026 Future | Financial | Futures | -0.85% |
| Grasim Industries Limited August 2026 Future | Materials | Futures | -0.86% |
| Cipla Limited August 2026 Future | Healthcare | Futures | -0.97% |
| UPL Limited August 2026 Future | Materials | Futures | -1.09% |
| Bharti Airtel Limited August 2026 Future | Technology | Futures | -1.11% |
| Indian Bank August 2026 Future | Financial | Futures | -1.42% |
| Ambuja Cements Limited August 2026 Future | Materials | Futures | -1.50% |
| National Aluminium Company Limited August 2026 Future | Materials | Futures | -2.03% |
| Axis Bank Limited August 2026 Future | Financial | Futures | -2.27% |
| Samvardhana Motherson International Limited August 2026 Future | Consumer Discretionary | Futures | -2.27% |
| JSW Steel Limited August 2026 Future | Materials | Futures | -2.60% |
| Tata Steel Limited August 2026 Future | Materials | Futures | -2.66% |
| HDFC Bank Limited August 2026 Future | Financial | Futures | -3.06% |
| Steel Authority of India Limited August 2026 Future | Materials | Futures | -3.11% |
| Hindustan Unilever Limited August 2026 Future | Consumer Staples | Futures | -3.12% |
| Reliance Industries Limited August 2026 Future | Energy & Utilities | Futures | -3.19% |
| Kotak Mahindra Bank Limited August 2026 Future | Financial | Futures | -3.23% |
| Vodafone Idea Limited August 2026 Future | Technology | Futures | -3.37% |
| Bank of Baroda August 2026 Future | Financial | Futures | -3.47% |
| State Bank of India August 2026 Future | Financial | Futures | -3.59% |
| Bajaj Finance Limited August 2026 Future | Financial | Futures | -3.67% |
| Divi's Laboratories Limited August 2026 Future | Healthcare | Futures | -3.75% |
| ITC Limited August 2026 Future | Consumer Staples | Futures | -3.90% |
| Vedanta Limited August 2026 Future | Materials | Futures | -4.14% |
| Canara Bank August 2026 Future | Financial | Futures | -4.98% |
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 | +5.2% | +6.1% | +5.2% | +4.8% |
| Category average (Hybrid Arbitrage) | +6.1% | +6.8% | +5.6% | -- |
| Rank (Hybrid Arbitrage) | 29 | 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
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) | |
|---|---|---|---|---|
 | +5.72% | +6.79% | 74,398.69 | |
 | +5.75% | +6.75% | 11,152.46 | |
 | +5.64% | +6.66% | 46,803.09 | |
 | +5.64% | +6.41% | 553.07 | |
 | +6.01% | -- | 1,996.02 | |
| 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 ₹17,208 Cr and the Latest NAV as of 26 Aug 2026 is ₹14.64.
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₹17,207.90 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,