1M
6M
1Y
3Y
5Y
All
| NAV: 24 Jan 2025 | ₹14.00 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹39.55Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.6% | 6.1% | 4.9% | 5.2% |
| Category average | 7.3% | 6.2% | 5.2% | NA |
| Rank with in category | 24 | 23 | 22 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.2% | 7.5% | 18,909.98 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.4% | 7.3% | 54,913.13 |
Tata Arbitrage Fund Direct Growth | 5 | 8.2% | 7.1% | 12,674.72 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.1% | 7.0% | 14,738.76 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.2% | 7.0% | 14,115.19 |
Holdings (92)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 16.67% |
Reliance Industries Ltd. | Energy | Equity | 4.92% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 3.97% |
Oil India Ltd. | Energy | Equity | 3.86% |
Canara Bank | Financial | Equity | 3.59% |
Bank Of Baroda | Financial | Equity | 3.56% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 3.49% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 3.20% |
Bharti Airtel Ltd. | Communication | Equity | 3.05% |
Bajaj Finance Ltd. | Financial | Equity | 3.02% |
Indus Towers Ltd. | Communication | Equity | 2.94% |
Adani Enterprises Ltd. | Services | Equity | 2.88% |
Lupin Ltd. | Healthcare | Equity | 2.53% |
Reserve Bank of India | Financial | T-Bills | 1.98% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 1.98% |
Infosys Ltd. | Technology | Equity | 1.90% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.84% |
Ambuja Cements Ltd. | Construction | Equity | 1.71% |
Reserve Bank of India | Financial | T-Bills | 1.64% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.62% |
JSW Steel Ltd. | Metals & Mining | Equity | 1.54% |
TVS Motor Company Ltd. | Automobile | Equity | 1.47% |
Interglobe Aviation Ltd. | Services | Equity | 1.38% |
Reserve Bank of India | Financial | T-Bills | 1.34% |
Indusind Bank Ltd. | Financial | Equity | 1.34% |
City Union Bank Ltd. | Financial | Equity | 1.31% |
ABB India Ltd. | Capital Goods | Equity | 1.31% |
Ultratech Cement Ltd. | Construction | Equity | 1.30% |
Manappuram Finance Ltd. | Financial | Equity | 1.29% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 1.26% |
Punjab National Bank | Financial | Equity | 1.25% |
HDFC Bank Ltd. | Financial | Equity | 1.23% |
Shriram Finance Ltd | Financial | Equity | 1.21% |
Housing & Urban Development Corporation Ltd. | Financial | Equity | 1.15% |
Reserve Bank of India | Financial | T-Bills | 1.12% |
Reserve Bank of India | Financial | T-Bills | 1.07% |
Power Finance Corporation Ltd. | Financial | Equity | 1.03% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.96% |
Reserve Bank of India | Financial | T-Bills | 0.73% |
Chambal Fertilisers and Chemicals Ltd. | Chemicals | Equity | 0.71% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.70% |
Tata Motors Ltd. | Automobile | Equity | 0.62% |
State Bank of India | Financial | Equity | 0.60% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.50% |
Axis Bank Ltd. | Financial | Equity | 0.50% |
NMDC Ltd. | Metals & Mining | Equity | 0.45% |
Larsen & Toubro Ltd. | Construction | Equity | 0.41% |
Reserve Bank of India | Financial | T-Bills | 0.36% |
NTPC Ltd. | Energy | Equity | 0.25% |
Reserve Bank of India | Financial | T-Bills | 0.11% |
Reserve Bank of India | Financial | T-Bills | 0.10% |
NTPC Ltd. | Energy | Futures | -0.25% |
Larsen & Toubro Ltd. | Construction | Futures | -0.41% |
NMDC Ltd. | Metals & Mining | Futures | -0.45% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.50% |
Axis Bank Ltd. | Financial | Futures | -0.51% |
State Bank of India | Financial | Futures | -0.61% |
Tata Motors Ltd. | Automobile | Futures | -0.62% |
Power Grid Corporation Of India Ltd. | Energy | Futures | -0.71% |
Chambal Fertilisers and Chemicals Ltd. | Chemicals | Futures | -0.72% |
Tata Steel Ltd. | Metals & Mining | Futures | -0.97% |
Power Finance Corporation Ltd. | Financial | Futures | -1.04% |
Housing & Urban Development Corporation Ltd. | Financial | Futures | -1.16% |
Shriram Finance Ltd | Financial | Futures | -1.21% |
HDFC Bank Ltd. | Financial | Futures | -1.24% |
Punjab National Bank | Financial | Futures | -1.26% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -1.27% |
Manappuram Finance Ltd. | Financial | Futures | -1.29% |
City Union Bank Ltd. | Financial | Futures | -1.31% |
Ultratech Cement Ltd. | Construction | Futures | -1.31% |
ABB India Ltd. | Capital Goods | Futures | -1.32% |
Indusind Bank Ltd. | Financial | Futures | -1.34% |
Interglobe Aviation Ltd. | Services | Futures | -1.39% |
TVS Motor Company Ltd. | Automobile | Futures | -1.48% |
JSW Steel Ltd. | Metals & Mining | Futures | -1.55% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -1.63% |
Ambuja Cements Ltd. | Construction | Futures | -1.72% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -1.85% |
Infosys Ltd. | Technology | Futures | -1.91% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -1.99% |
Lupin Ltd. | Healthcare | Futures | -2.55% |
Adani Enterprises Ltd. | Services | Futures | -2.90% |
Indus Towers Ltd. | Communication | Futures | -2.95% |
Bajaj Finance Ltd. | Financial | Futures | -3.04% |
Bharti Airtel Ltd. | Communication | Futures | -3.07% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -3.22% |
Hindustan Aeronautics Ltd. | Capital Goods | Futures | -3.51% |
Bank Of Baroda | Financial | Futures | -3.58% |
Canara Bank | Financial | Futures | -3.61% |
Oil India Ltd. | Energy | Futures | -3.89% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -4.00% |
Reliance Industries Ltd. | Energy | Futures | -4.95% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.37%
Higher alpha: 1.76
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
3Y and 5Y annualised returns lower than category average
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Exit load of 0.50% if redeemed within 30 days.
Stamp duty
0.005% (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.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Firdaus Marazban RaginaOct 2024 - PresentView details
Firdaus Marazban Ragina
Oct 2024 - Present
View details
Education
Mr. Ragina has a B.Com degree
Experience
Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
Bank of India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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