Bank of India Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
4.73%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Mar 2024₹13.11
Min. SIP amount₹1,000
Rating1
Fund size₹19.73Cr

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
1Y3Y5YAll
Fund returns7.2%4.7%4.7%4.9%
Category average7.3%5.2%5.0%NA
Rank with in category242421NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
Bank of India Liquid Fund Direct-Growth
NAMutual Fund9.65%
EnergyEquity8.31%
EnergyEquity7.99%
FinancialEquity7.34%
Reserve Bank of India
FinancialT-Bills7.22%
Metals & MiningEquity5.28%
FinancialT-Bills4.91%
FinancialEquity4.40%
FinancialEquity3.96%
HealthcareEquity3.68%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Lower expense ratio: 0.24%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.24%

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 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 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 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
Website
BOI AXA 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,

Compare funds

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