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Home>Mutual Funds>BOI AXA Mutual Fund>Bank of India Arbitrage Fund Direct IDCW Monthly

Bank of India Arbitrage Fund Direct IDCW Monthly

Hybrid
Arbitrage
Low Risk
Payout
3.59%
3Y annualised
-0.15% 1D
1M
6M
1Y
3Y
All
NAV: 01 Jul 2022₹10.70
Min. SIP amountNA
Rating2
Fund size₹16.99Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA2.6%3.6%4.3%
Category averageNA3.3%4.7%NA
Rank with in categoryNA2521NA
Understand terms

Holdings (28)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills11.7%
Reserve Bank of India
FinancialT-Bills8.4%
Hindalco Industries Ltd.Metals & MiningEquity6.1%
Adani Ports and Special Economic Zone Ltd.ServicesEquity5.0%
Reliance Industries Ltd.EnergyEquity4.5%
JSW Steel Ltd.Metals & MiningEquity3.5%
Siemens Ltd.Capital GoodsEquity3.3%
Dabur India Ltd.Consumer StaplesEquity3.3%
Ultratech Cement Ltd.ConstructionEquity3.1%
Sun Pharmaceutical Industries Ltd.HealthcareEquity3.1%
See All

Expense ratio, exit load and tax

Expense ratio: 0.60%

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 SIPNA

Fund management

Alok Singh
Dec 2021 - Present
View details

Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank
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
Website
NA
Amc Image
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,

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FAQs

How to Invest in Bank of India Arbitrage Fund Direct IDCW Monthly?

You can easily invest in Bank of India Arbitrage Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Bank of India Arbitrage Fund Direct IDCW Monthly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Bank of India Arbitrage Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bank of India Arbitrage Fund Direct IDCW Monthly provide?

The Bank of India Arbitrage Fund Direct IDCW Monthly has been there from 18 Jun 2018 and the average annual returns provided by this fund is 2.57% since its inception.

How much expense ratio is charged by Bank of India Arbitrage Fund Direct IDCW Monthly?

The term Expense Ratio used for Bank of India Arbitrage Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Bank of India Arbitrage Fund Direct IDCW Monthly is 0.60% as of 02 Jul 2022...

What is the AUM of Bank of India Arbitrage Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Bank of India Arbitrage Fund Direct IDCW Monthly is ₹16.99Cr as of 02 Jul 2022.

How to Redeem Bank of India Arbitrage Fund Direct IDCW Monthly?

If you want to sell your Bank of India Arbitrage Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Bank of India Arbitrage Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Bank of India Arbitrage Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Bank of India Arbitrage Fund Direct IDCW Monthly?

The NAV of Bank of India Arbitrage Fund Direct IDCW Monthly is ₹10.70 as of 01 Jul 2022.

What is the PE and PB ratio of Bank of India Arbitrage Fund Direct IDCW Monthly?

The PE ratio ratio of Bank of India Arbitrage Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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