Bank of India Arbitrage Fund - Direct (IDCW-Q)
Arbitrage FundNAV
14.28(-0.02%)Fund Size (CR)
₹49.11Expense Ratio
0.37Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1,000Exit Load
0.5%Return Since Launch
5.31%
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 | March 11, 2026 | 10011.60 | 0.12% | - | 0.11% | 96/175 |
| 1 Month | February 18, 2026 | 10057.04 | 0.57% | - | 0.50% | 16/175 |
| 3 Month | December 18, 2025 | 10163.20 | 1.63% | - | 1.65% | 100/174 |
| 6 Month | September 18, 2025 | 10324.68 | 3.25% | - | 3.26% | 85/166 |
| 1 Year | March 18, 2025 | 10639.67 | 6.40% | 6.40% | 6.54% | 97/160 |
| 3 Year | March 17, 2023 | 12275.04 | 22.75% | 7.06% | 7.21% | 84/142 |
| 5 Year | March 18, 2021 | 13143.92 | 31.44% | 5.62% | 6.06% | 117/140 |
| Since Inception | June 18, 2018 | 14933.20 | 49.33% | 5.31% | 5.80% | 135/175 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | April 1, 2025 | 1,20,000 | 129420.72 | 7.85% | 7.85% |
| 3 Year | April 3, 2023 | 3,60,000 | 416352.39 | 15.65% | 4.97% |
| 5 Year | April 1, 2021 | 6,00,000 | 736205.98 | 22.70% | 4.18% |
| 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 (₹)
Expected Returns Rate (%)
Time Period (in Years)
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
2.80%
Sharpe Ratio
-0.61%
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 | 4.42% | 7750 | 2.17 | Equity | Textiles |
| JSW Steel | 4.17% | 16200 | 2.05 | Equity | Steel |
| Sammaan Capital | 4.07% | 133300 | 2.00 | Equity | Finance |
| Jio Financial | 3.79% | 72850 | 1.86 | Equity | Finance |
| M & M | 3.32% | 4800 | 1.63 | Equity | Automobile |
| Patanjali Foods | 3.17% | 30600 | 1.55 | Equity | FMCG |
| Axis Bank | 3.17% | 11250 | 1.56 | Equity | Banks |
| UPL | 3.17% | 24390 | 1.55 | Equity | Agro Chemicals |
| Indus Towers | 2.99% | 32300 | 1.47 | Equity | Telecom Equipment & Infra Services |
| Max Healthcare | 2.80% | 12600 | 1.38 | Equity | Healthcare |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Bank of India Arbitrage Fund - Direct (IDCW-Q) | 49.11 | 0.57% | 1.63% | 3.25% | 6.40% | 7.06% | |
| Motilal Oswal Arbitrage Fund - Direct (G) | 2392.39 | 0.59% | 1.88% | 3.70% | 7.65% | - | |
| Motilal Oswal Arbitrage Fund - Direct (IDCW) | 2392.39 | 0.59% | 1.88% | 3.70% | 7.65% | - | |
| Bandhan Arbitrage - Direct (IDCW-M) | 8650.08 | 0.52% | 1.69% | 3.87% | 7.45% | 7.90% | |
| Franklin India Arbitrage Fund - Direct (G) | 794.42 | 0.62% | 1.90% | 3.68% | 7.33% | - | |
| Franklin India Arbitrage Fund - Direct (IDCW) | 794.42 | 0.62% | 1.90% | 3.68% | 7.33% | - |
List of Schemes under Bank of India Mutual Fund
News
Bank of India Mutual Fund announces Ceasation of Key Personnel
Bank of India Mutual Fund Announces Cessation of Key Personnel Ms. Beena More has ceased to be the Chief Human Resources Officer and a Key Personnel of Bank of India Investment Managers Private Limited (the AMC), with effect from the close of business hours on March 16, 2026.Powered by Capital Market - Live 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
Powered by Capital Market - Live News
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 EngineeringPowered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
May 31, 2018
Total AUM (Cr)
₹49.11
Bank of India Arbitrage Fund - Direct (IDCW-Q) is an Arbitrage Fund-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in May 31, 2018, this fund is managed by Nilesh Jethani. With assets under management (AUM) worth ₹49.11 (Cr), as of March 19, 2026, Bank of India Arbitrage Fund - Direct (IDCW-Q) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.31% since its launch.
The current NAV of Bank of India Arbitrage Fund - Direct (IDCW-Q) is ₹14.28, as on March 19, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in Bank of India Arbitrage Fund - Direct (IDCW-Q) 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 7.06% and 5.62% 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 70.97% in Equity, 8.83% in Debt and 20.20% 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
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors