Mutual Funds
AMC
Bank of India Arbitrage Fund - Direct (IDCW-Q)

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

NAV
14.01(0.00%)
Fund Size (CR)
₹43.16
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
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0.5%
Return Since Launch
5.25%

Absolute Return: 1.45%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

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 November 2025	10007.79	0.08%	-	0.02%	8/174
1 Month	31 October 2025	10063.94	0.64%	-	0.57%	8/170
3 Month	2 September 2025	10142.45	1.42%	-	1.41%	80/166
6 Month	2 June 2025	10295.60	2.96%	-	2.96%	80/164
1 Year	2 December 2024	10645.52	6.46%	6.46%	6.55%	88/156
3 Year	2 December 2022	12260.26	22.60%	7.02%	7.21%	89/142
5 Year	2 December 2020	12998.08	29.98%	5.38%	5.85%	116/139
Since Inception	18 June 2018	14652.60	46.53%	5.25%	5.61%	133/174

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 January 2025	1,20,000	128977.12	7.48%	7.48%
3 Year	2 January 2023	3,60,000	415549.39	15.43%	4.90%
5 Year	1 January 2021	6,00,000	732063.78	22.01%	4.06%
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

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

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

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.12%

Standard Deviation

0.63%

Beta

2.52%

Sharpe Ratio

-0.78%

Treynor's Ratio

-0.02%

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
JSW Steel	4.53%	16200	1.95	Equity	Steel
ITC	3.90%	40000	1.68	Equity	Tobacco Products
M & M	3.88%	4800	1.67	Equity	Automobile
Hindalco Inds.	3.58%	18200	1.54	Equity	Non Ferrous Metals
Max Healthcare	3.35%	12600	1.45	Equity	Healthcare
Axis Bank	3.21%	11250	1.39	Equity	Banks
Hind.Aeronautics	3.09%	2850	1.33	Equity	Aerospace & Defence
Grasim Inds	3.01%	4500	1.30	Equity	Textiles
Multi Comm. Exc.	2.94%	1375	1.27	Equity	Financial Services
Godrej Propert.	2.92%	5500	1.26	Equity	Realty

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Bank of India Arbitrage Fund - Direct (IDCW-Q)	43.16	0.64%	1.42%	2.96%	6.46%	7.02%
Bandhan Arbitrage - Direct (IDCW-M)	8747.55	0.58%	2.01%	3.61%	7.58%	7.94%
WhiteOak Capital Arbitrage Fund - Direct (G)	735.66	0.62%	1.57%	3.31%	7.43%	-
ITI Arbitrage Fund - Direct (G)	47.01	0.53%	1.49%	3.28%	7.31%	7.46%
ITI Arbitrage Fund - Direct (IDCW)	47.01	0.53%	1.49%	3.28%	7.31%	7.46%
Aditya Birla SL Arbitrage Fund - Dir (G)	24255.89	0.63%	1.54%	3.23%	7.24%	7.82%

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	3.39%	0	₹968.05
Bank of India Large Cap Fund	Equity	Very High	2.05%	3	₹207.85
Bank of India Large & Mid Cap Fund	Equity	Very High	2.19%	2	₹436.69
Bank of India Mid Cap Fund	Equity	Very High	0%	0	₹691.38
Bank of India Small Cap Fund	Equity	Very High	-8.58%	3	₹2,015.66
Bank of India Manufacturing & Infrastructure Fund	Equity	Very High	2.9%	4	₹659.16
Bank of India Business Cycle Fund	Equity	Very High	-10.13%	0	₹560.17
Bank of India Consumption Fund	Equity	Very High	0%	0	₹415.88
Bank of India ELSS Tax Saver	Equity	Very High	-6.23%	2	₹1,417.05
Bank of India Midcap Tax Fund - Series 1	Equity	Very High	0.71%	0	₹64.25
Bank of India Midcap Tax Fund - Series 2	Equity	Very High	1.31%	0	₹33.50
Bank of India Overnight Fund	Debt	Low	6.03%	5	₹48.41
Bank of India Liquid Fund	Debt	Moderately Low	6.68%	3	₹1,396.26
Bank of India Ultra Short Duration Fund	Debt	Moderate	7.09%	1	₹190.08
Bank of India Money Market Fund	Debt	Moderately Low	0%	0	₹272.70
Bank of India Short Term Income Fund	Debt	Moderately Low	7.88%	0	₹249.55
Bank of India Credit Risk Fund	Debt	Moderately High	6.82%	2	₹106.56
Bank of India Conservative Hybrid Fund	Hybrid	Moderate	4.38%	3	₹66.12
Bank of India Mid & Small Cap Equity & Debt Fund	Hybrid	Very High	-2.55%	4	₹1,326.16
Bank of India Balanced Advantage Fund	Hybrid	Very High	5.63%	2	₹144.40
Bank of India Multi Asset Allocation Fund	Hybrid	Very High	8.22%	0	₹339.42
Bank of India Arbitrage Fund	Hybrid	Low	6.38%	1	₹43.16
Bank of India Flexi Cap Fund	Equity	Very High	-2.12%	4	₹2,260.69

News

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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Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund has announced the Mr. Mukesh Sharma has been appointed as an Associate Director on the Board of the Trustee Company with effect from November 07, 2025.
Details of Mr. Mukesh Sharma
Age: 55 years
Designation: Associate Director
Qualification: ' Bachelor of Arts
' Certified Associate of Indian to Institute of Bankers (CAIIB)
' IDRBT- Certification Program in IT and Cyber Security for Senior Management
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Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund has announced that Mr. Deep Mehta has been appointed as a Equity Dealer on the Board of the Trustee Company with effect from July 14, 2025.
Details of Mr. Deep Mehta,
Age: 29
Designation: Equity Dealer
Qualification : ' CFA Level 3 (Cleared)
' CMT Level 3 (Cleared)
' B.Tech Mechanical
Experience : 8 years
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Fund House Details & Investment Objective

Date of Incorporation

31 May 2018

Total AUM (Cr)

₹43.16

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 31 May 2018, this fund is managed by Nilesh Jethani. With assets under management (AUM) worth ₹43.16 (Cr), as of 3 December 2025, Bank of India Arbitrage Fund - Direct (IDCW-Q) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.25% since its launch.
The current NAV of Bank of India Arbitrage Fund - Direct (IDCW-Q) is ₹14.01, as on 3 December 2025. 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 7.02% and 5.38% 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 70.41% in Equity, 11.22% in Debt and 18.37% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 71.51% in Cash & Others, 14.59% in Banks, 11.60% in Debt, 5.62% in Ferrous Metals, 5.27% in Finance