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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Bank of India Arbitrage Fund Growth
+6.26%
3Y annualised
+0.06% 1D
NAV: 05 Jun '26
₹14.48
Min. for SIP
₹1,000
Fund size (AUM)
₹44.91 Cr
Expense ratio
1.04%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,285 | +0.95% | |
| 1 year | ₹60,000 | ₹61,402 | +2.34% | |
| 3 years | ₹1,80,000 | ₹1,95,943 | +8.86% | |
| 5 years | ₹3,00,000 | ₹3,45,603 | +15.20% |
Holdings (66)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 80.06% |
| BOI AXA Liquid Fund Direct-Growth | Unspecified | Mutual Fund | 13.52% |
| JSW Steel Ltd | Materials | Equity | 6.46% |
| ITC Ltd | Consumer Staples | Equity | 5.05% |
| Indiabulls Housing Finance Ltd | Financial | Equity | 4.29% |
| Jio Financial Services Limited | Financial | Equity | 4.00% |
| UPL Ltd | Materials | Equity | 3.49% |
| Bharti Airtel Ltd | Technology | Equity | 2.99% |
| Indian Bank | Financial | Equity | 2.85% |
| Grasim Industries Ltd | Materials | Equity | 2.64% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 2.59% |
| PNB Housing Finance Ltd | Financial | Equity | 2.42% |
| HDFC Bank Ltd | Financial | Equity | 2.36% |
| Godrej Properties Ltd | Real Estate | Equity | 2.25% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.22% |
| GOVERNMENT OF INDIA 36582 364 DAYS TBILL 08OT26 FV RS 100 | Financial | Treasury Bills | 2.17% |
| Samvardhana Motherson International Ltd | Consumer Discretionary | Equity | 2.16% |
| Delhivery Ltd | Industrials | Equity | 2.16% |
| RBL Bank Ltd | Financial | Equity | 2.14% |
| ICICI Prudential Life Insurance Company Ltd | Financial | Equity | 2.12% |
| GOVERNMENT OF INDIA 35987 364 DAYS TBILL 14MY26 FV RS 100 | Financial | Treasury Bills | 2.00% |
| National Aluminium Company Ltd | Materials | Equity | 2.00% |
| Britannia Industries Ltd | Consumer Staples | Equity | 1.91% |
| Macrotech Developers Ltd | Real Estate | Equity | 1.89% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 1.88% |
| Bajaj Finserv Ltd | Financial | Equity | 1.75% |
| Punjab National Bank | Financial | Equity | 1.75% |
| Info Edge (India) Ltd | Technology | Equity | 1.71% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 1.65% |
| Patanjali Foods Ltd | Consumer Staples | Equity | 1.47% |
| GOVERNMENT OF INDIA 36428 364 DAYS TBILL 10SP26 FV RS 100 | Financial | Treasury Bills | 1.09% |
| Cholamandalam Investment & Finance Company Ltd | Financial | Equity | 1.09% |
| GOVERNMENT OF INDIA 37392 182 DAYS TBILL 22OT26 FV RS 100 | Financial | Treasury Bills | 1.09% |
| Bank Of Baroda | Financial | Equity | 1.03% |
| Repo | Unspecified | Repo | 0.29% |
| Adani Ports and Special Economic Zone Ltd | Industrials | Equity | 0.18% |
| GOVERNMENT OF INDIA 36908 364 DAYS TBILL 07JN27 FV RS 100 | Financial | Treasury Bills | 0.11% |
| Adani Ports and Special Economic Zone Limited May 2026 Future | Industrials | Futures | -0.18% |
| Bank of Baroda May 2026 Future | Financial | Futures | -1.04% |
| Cholamandalam Investment and Finance Company Ltd May 2026 Future | Financial | Futures | -1.09% |
| Patanjali Foods Limited May 2026 Future | Consumer Staples | Futures | -1.48% |
| Multi Commodity Exchange of India Limited May 2026 Future | Financial | Futures | -1.66% |
| Info Edge (India) Limited May 2026 Future | Technology | Futures | -1.72% |
| Punjab National Bank May 2026 Future | Financial | Futures | -1.76% |
| Bajaj Finserv Limited May 2026 Future | Financial | Futures | -1.76% |
| Hindustan Aeronautics Limited May 2026 Future | Industrials | Futures | -1.90% |
| Lodha Developers Limited May 2026 Future | Real Estate | Futures | -1.90% |
| Britannia Industries Limited May 2026 Future | Consumer Staples | Futures | -1.92% |
| National Aluminium Company Limited May 2026 Future | Materials | Futures | -2.00% |
| ICICI Prudential Life Insurance Company Limited May 2026 Future | Financial | Futures | -2.13% |
| RBL Bank Limited May 2026 Future | Financial | Futures | -2.15% |
| Samvardhana Motherson International Limited May 2026 Future | Consumer Discretionary | Futures | -2.17% |
| Delhivery Limited May 2026 Future | Industrials | Futures | -2.17% |
| Kotak Mahindra Bank Limited May 2026 Future | Financial | Futures | -2.23% |
| Godrej Properties Limited May 2026 Future | Real Estate | Futures | -2.25% |
| HDFC Bank Limited May 2026 Future | Financial | Futures | -2.38% |
| PNB Housing Finance Limited May 2026 Future | Financial | Futures | -2.43% |
| HDFC Life Insurance Company Limited May 2026 Future | Financial | Futures | -2.60% |
| Grasim Industries Limited May 2026 Future | Materials | Futures | -2.65% |
| Indian Bank May 2026 Future | Financial | Futures | -2.86% |
| Bharti Airtel Limited May 2026 Future | Technology | Futures | -3.01% |
| UPL Limited May 2026 Future | Materials | Futures | -3.51% |
| Jio Financial Services Limited May 2026 Future | Financial | Futures | -4.01% |
| Sammaan Capital Limited May 2026 Future | Financial | Futures | -4.32% |
| ITC Limited May 2026 Future | Consumer Staples | Futures | -5.06% |
| JSW Steel Limited May 2026 Future | Materials | Futures | -6.49% |
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 | +5.4% | +6.3% | +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
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% | +6.96% | 69,951.21 | |
 | +5.75% | +6.91% | 10,857.59 | |
 | +5.79% | +6.87% | 42,847.28 | |
 | +5.68% | +6.83% | 32,298.86 | |
 | +5.91% | -- | 1,245.57 | |
| 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 ₹15,293 Cr and the Latest NAV as of 05 Jun 2026 is ₹14.48.
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₹15,292.59 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,