Bank of India Arbitrage Fund - Direct (IDCW-A)

Arbitrage Fund

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NAV
13.55(-0.01%)
Fund Size (CR)
₹47.24
Expense Ratio
0.37
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹1,000
Minimum Withdrawal
₹1,000
Exit Load
0.5%
Return Since Launch
5.23%

Absolute Return: 1.45%

Annualized Return: 0%

Basic Details

Scheme Manager

Nilesh Jethani

Bench Mark

Nifty 50 Arbitrage TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	25 February 2026	10017.58	0.18%	-	0.15%	17/175
1 Month	4 February 2026	10058.24	0.58%	-	0.52%	17/175
3 Month	4 December 2025	10162.41	1.62%	-	1.63%	93/174
6 Month	4 September 2025	10303.10	3.03%	-	3.04%	86/166
1 Year	4 March 2025	10636.05	6.36%	6.36%	6.47%	97/160
3 Year	3 March 2023	12249.33	22.49%	6.98%	7.16%	87/142
5 Year	4 March 2021	13109.61	31.10%	5.56%	6.04%	118/140
Since Inception	18 June 2018	14817.40	48.17%	5.23%	5.77%	142/175

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 April 2025	1,20,000	134971.43	12.48%	12.48%
3 Year	3 April 2023	3,60,000	434149.03	20.60%	6.44%
5 Year	1 April 2021	6,00,000	767508.91	27.92%	5.05%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.11%

Standard Deviation

0.62%

Beta

2.76%

Sharpe Ratio

-0.65%

Treynor's Ratio

-0.01%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Grasim Inds	4.62%	7750	2.18	Equity	Textiles
Sammaan Capital	4.25%	133300	2.01	Equity	Finance
JSW Steel	4.16%	16200	1.97	Equity	Steel
Jio Financial	3.92%	72850	1.85	Equity	Finance
Multi Comm. Exc.	3.68%	6875	1.74	Equity	Financial Services
M & M	3.49%	4800	1.65	Equity	Automobile
Axis Bank	3.26%	11250	1.54	Equity	Banks
Patanjali Foods	3.24%	30600	1.53	Equity	FMCG
Hind.Aeronautics	3.08%	3150	1.46	Equity	Aerospace & Defence
Vedanta	2.82%	19550	1.33	Equity	Mining & Mineral products

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Bank of India Arbitrage Fund - Direct (IDCW-A)	47.24	0.58%	1.62%	3.03%	6.36%	6.98%
Motilal Oswal Arbitrage Fund - Direct (G)	2206.60	0.57%	1.82%	3.45%	7.52%	-
Motilal Oswal Arbitrage Fund - Direct (IDCW)	2206.60	0.57%	1.82%	3.45%	7.52%	-
Franklin India Arbitrage Fund - Direct (G)	730.56	0.75%	2.04%	3.60%	7.42%	-
Franklin India Arbitrage Fund - Direct (IDCW)	730.56	0.75%	2.04%	3.60%	7.42%	-
Bandhan Arbitrage - Direct (IDCW-M)	8828.63	0.56%	1.68%	3.67%	7.41%	7.86%

List of Schemes under Bank of India Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Bank of India Multi Cap Fund	Equity	Very High	19.41%	0	₹989.01
Bank of India Large Cap Fund	Equity	Very High	19.96%	3	₹206.75
Bank of India Large & Mid Cap Fund	Equity	Very High	18.64%	2	₹445.91
Bank of India Mid Cap Fund	Equity	Very High	0%	0	₹666.84
Bank of India Small Cap Fund	Equity	Very High	11.39%	3	₹1,829.19
Bank of India Manufacturing & Infrastructure Fund	Equity	Very High	26.72%	4	₹661.33
Bank of India Business Cycle Fund	Equity	Very High	9.34%	0	₹463.92
Bank of India Consumption Fund	Equity	Very High	15.37%	0	₹377.95
Bank of India ELSS Tax Saver	Equity	Very High	15.2%	2	₹1,373.70
Bank of India Midcap Tax Fund - Series 1	Equity	Very High	16.7%	0	₹58.79
Bank of India Midcap Tax Fund - Series 2	Equity	Very High	14.5%	0	₹30.61
Bank of India Overnight Fund	Debt	Low	5.66%	5	₹87.79
Bank of India Liquid Fund	Debt	Moderately Low	6.4%	3	₹1,679.40
Bank of India Ultra Short Duration Fund	Debt	Moderate	6.7%	1	₹166.35
Bank of India Money Market Fund	Debt	Moderately Low	7.26%	0	₹351.56
Bank of India Short Term Income Fund	Debt	Moderately Low	7.19%	0	₹281.96
Bank of India Credit Risk Fund	Debt	Moderately High	12.03%	2	₹106.15
Bank of India Conservative Hybrid Fund	Hybrid	Moderate	8.01%	3	₹64.94
Bank of India Mid & Small Cap Equity & Debt Fund	Hybrid	Very High	16.27%	4	₹1,329.20
Bank of India Balanced Advantage Fund	Hybrid	Very High	14.81%	2	₹143.75
Bank of India Multi Asset Allocation Fund	Hybrid	Very High	20.68%	0	₹352.35
Bank of India Arbitrage Fund	Hybrid	Low	6.42%	1	₹47.24
Bank of India Flexi Cap Fund	Equity	Very High	18.75%	4	₹2,167.16

News

Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund has announced that Mr. Arun Thukral has been appointed as an Independent Director with effect from February 11, 2026 ('Effective Date').
Details of Mr. Arun Thukral
Age: 62 years
Designation: Independent Director
Qualification: ' M.Com ' LLB ' MBA (Finance) ' IICA registered as Independent Director
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Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund Mr. Anand Padavale has been appointed as CISO and designed as Key Personnel of the Company with effect from December 09, 2025. Accordingly, the following details of Mr. Anand Padavale shall be added under section titled 'Information of Key Personnel' in Section II (F) of SAI:
Details of Mr. Anand Padavale
Age: 38 years
Designation: Chief Information Security Officer
Qualification: ' Bachelor of Computer Applications
' Diploma in Computer Engineering
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Bank of India Mutual Fund the cessation of key personnel
Bank of India Mutual Fund the cessation of key personnel Mr. Ashok Kumar Pathak has ceased to be the Associate Director from the Board of Bank of India Trustee Services Private Limited (Trustee Company) with effect from close of business hours of November 07, 2025.
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Fund House Details & Investment Objective

Date of Incorporation

31 May 2018

Total AUM (Cr)

₹47.24

Bank of India Arbitrage Fund - Direct (IDCW-A) is an Arbitrage Fund-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 31 May 2018, this fund is managed by Nilesh Jethani. With assets under management (AUM) worth ₹47.24 (Cr), as of 5 March 2026, Bank of India Arbitrage Fund - Direct (IDCW-A) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.23% since its launch.
The current NAV of Bank of India Arbitrage Fund - Direct (IDCW-A) is ₹13.55, as on 5 March 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in Bank of India Arbitrage Fund - Direct (IDCW-A) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 6.98% and 5.56% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 72.91% in Equity, 8.94% in Debt and 18.15% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 78.66% in Cash & Others, 12.73% in Finance, 11.58% in Banks, 8.94% in Debt, 5.22% in Agricultural Food & other