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Bank of India Arbitrage Fund Growth
+6.35%
3Y annualised
+0.10% 1D
NAV: 15 May '26
₹14.47
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 | ₹30,366 | +1.22% | |
| 1 year | ₹60,000 | ₹61,578 | +2.63% | |
| 3 years | ₹1,80,000 | ₹1,96,625 | +9.24% | |
| 5 years | ₹3,00,000 | ₹3,46,483 | +15.49% |
Holdings (63)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Bank of India Liquid Fund Direct-Growth | -- | Mutual Fund | 13.52% |
| JSW Steel Ltd. | Metals & Mining | Equity | 6.46% |
| ITC Ltd. | Consumer Staples | Equity | 5.05% |
| Sammaan Capital Ltd. | Financial | Equity | 4.29% |
| JIO Financial Services Ltd. | Financial | Equity | 4.00% |
| UPL Ltd. | Chemicals | Equity | 3.49% |
| Bharti Airtel Ltd. | Communication | Equity | 2.99% |
| Indian Bank | Financial | Equity | 2.85% |
| Grasim Industries Ltd. | Construction | Equity | 2.64% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 2.59% |
| PNB Housing Finance Ltd. | Financial | Equity | 2.42% |
| HDFC Bank Ltd. | Financial | Equity | 2.36% |
| Godrej Properties Ltd. | Construction | Equity | 2.25% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.22% |
| Reserve Bank of India | Financial | T-Bills | 2.17% |
| Delhivery Ltd. | Services | Equity | 2.16% |
| Samvardhana Motherson International Ltd. | Automobile | Equity | 2.16% |
| RBL Bank Ltd. | Financial | Equity | 2.14% |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | Equity | 2.12% |
| Reserve Bank of India | Financial | T-Bills | 2.00% |
| National Aluminium Company Ltd. | Metals & Mining | Equity | 2.00% |
| Britannia Industries Ltd. | Consumer Staples | Equity | 1.91% |
| Lodha Developers Ltd. | Construction | Equity | 1.89% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.88% |
| Punjab National Bank | Financial | Equity | 1.75% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.75% |
| Info Edge (India) Ltd. | Services | Equity | 1.71% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.65% |
| Patanjali Foods Ltd. | Consumer Staples | Equity | 1.47% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 1.09% |
| Reserve Bank of India | Financial | T-Bills | 1.09% |
| Bank Of Baroda | Financial | Equity | 1.03% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.18% |
| Reserve Bank of India | Financial | T-Bills | 0.11% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.18% |
| Bank Of Baroda | Financial | Futures | -1.04% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Futures | -1.09% |
| Patanjali Foods Ltd. | Consumer Staples | Futures | -1.48% |
| Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.66% |
| Info Edge (India) Ltd. | Services | Futures | -1.72% |
| Punjab National Bank | Financial | Futures | -1.76% |
| Bajaj Finserv Ltd. | Financial | Futures | -1.76% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -1.90% |
| Lodha Developers Ltd. | Construction | Futures | -1.90% |
| Britannia Industries Ltd. | Consumer Staples | Futures | -1.92% |
| National Aluminium Company Ltd. | Metals & Mining | Futures | -2.00% |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | Futures | -2.13% |
| RBL Bank Ltd. | Financial | Futures | -2.15% |
| Samvardhana Motherson International Ltd. | Automobile | Futures | -2.17% |
| Delhivery Ltd. | Services | Futures | -2.17% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -2.23% |
| Godrej Properties Ltd. | Construction | Futures | -2.25% |
| HDFC Bank Ltd. | Financial | Futures | -2.38% |
| PNB Housing Finance Ltd. | Financial | Futures | -2.43% |
| HDFC Life Insurance Co Ltd. | Insurance | Futures | -2.60% |
| Grasim Industries Ltd. | Construction | Futures | -2.65% |
| Indian Bank | Financial | Futures | -2.86% |
| Bharti Airtel Ltd. | Communication | Futures | -3.01% |
| UPL Ltd. | Chemicals | Futures | -3.51% |
| JIO Financial Services Ltd. | Financial | Futures | -4.01% |
| Sammaan Capital Ltd. | Financial | Futures | -4.32% |
| ITC Ltd. | Consumer Staples | Futures | -5.06% |
| JSW Steel Ltd. | Metals & Mining | 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 | +5.6% | +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) | |
|---|---|---|---|---|
Kotak Arbitrage Fund Growth | +6.00% | +7.09% | 69,951.21 | |
SBI Arbitrage Opportunities Fund Growth | +6.12% | +7.02% | 42,847.28 | |
UTI Arbitrage Fund Plan Growth | +6.06% | +7.01% | 10,857.59 | |
Invesco India Arbitrage Fund Growth | +6.07% | +6.98% | 27,320.70 | |
ICICI Prudential Equity Arbitrage Growth | +6.02% | +6.95% | 32,298.86 | |
| 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 15 May 2026 is ₹14.47.
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,