Bank of India Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.26 %
Expense Ratio
★★
Rating
14
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.1% 3.9% 4.6% 4.6%
Category Average 7% 4.9% 4.9% -

Scheme Allocation

By Holding
By Sector
By Asset
8.47%
6.19%
TCS
5.24%
Others
70.69%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 8.47%
Jindal Steel Steel Equity 6.19%
TCS IT - Software Equity 5.24%
Bank of Baroda Banks Equity 4.78%
Maruti Suzuki Automobile Equity 4.63%
Hind. Unilever FMCG Equity 4.14%
I D F C Finance Equity 4%
Canara Bank Banks Equity 3.76%
I O C L Refineries Equity 3.69%
HDFC Bank Banks Equity 3.67%
Zee Entertainmen Entertainment Equity 3.43%
Tech Mahindra IT - Software Equity 2.7%
Ambuja Cements Cement Equity 2.25%
Siemens Capital Goods - Electrical Equipment Equity 2.21%
Axis Bank Banks Equity 2.01%
Trent Retail Equity 1.89%
Bajaj Finance Finance Equity 1.84%
ACC Cement Equity 1.63%
Sun Pharma.Inds. Pharmaceuticals Equity 1.62%
M & M Automobile Equity 1.39%
Ashok Leyland Automobile Equity 1.24%
Indian Energy Ex Miscellaneous Equity 0.93%
Cash & Others
77.12%
Debt
23.39%
Banks
22.69%
IT-Software
7.94%
Ferrous Metals
6.19%
Net Curr Ass/Net Receivables
77.12%
Equity
71.71%
T-Bills
16.01%
Reverse Repos
7.38%
Derivatives
-72.22%
Others
0%

Advance Ratio

0.23
Alpha
0.17
SD
0.14
Beta
1.71
Sharpe

Exit Load

Exit Load For Redemption/switch out - of up to 10% of the initial units allotted - within 30 days from the date allotment - Nil 0.50% - If the units are swiched out within 30 days from the date of allotment of units Nil - If the units are redeemed/switched out after 30 days from the date of allotment of units.

Fund Objective

To generate income through arbitrage opportunities between cash and derivative segments of the equity market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

Fund Managers

Alok Singh - Fund Manager

Mr Singh graduated from ICFAI Business School with a CFA and PGDBA. He has held positions at BNP Paribas Asset Management and Axis Bank before joining Bank of India AMC. He has around 20 years of experience, including 16 years in the mutual fund industry.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
B/204, Tower 1,Peninsula Corporate Park, Ganpatrao kadam marg, Lower Parel, Mumbai - 400013
Contact:
022 - 61249000
Email ID:
service@boimf.in

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Frequently Asked Questions

How to invest in Bank of India Arbitrage Fund – Direct Growth ?

You can invest in Bank of India Arbitrage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Bank of India Arbitrage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Bank of India Arbitrage Fund – Direct Growth ?

The NAV of Bank of India Arbitrage Fund – Direct Growth is ₹12.6 as of 18 August 2023.

How to redeem Bank of India Arbitrage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Bank of India Arbitrage Fund – Direct Growth?

The minimum SIP amount of Bank of India Arbitrage Fund – Direct Growth is ₹1000

What are the top sectors Bank of India Arbitrage Fund – Direct Growth has invested in?

The top sectors Bank of India Arbitrage Fund – Direct Growth has invested in are
  1. Cash & Others - 77.12%
  2. Debt - 23.39%
  3. Banks - 22.69%
  4. IT-Software - 7.94%
  5. Ferrous Metals - 6.19%

Can I make investments in both the SIP and Lump Sum schemes of Bank of India Arbitrage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Bank of India Arbitrage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Bank of India Arbitrage Fund – Direct Growth generated ?

The Bank of India Arbitrage Fund – Direct Growth has delivered 4.6% since inception

What is the expense ratio of Bank of India Arbitrage Fund – Direct Growth ?

The expense ratio of Bank of India Arbitrage Fund – Direct Growth is 0.26 % as of 18 August 2023.

What is the AUM of Bank of India Arbitrage Fund – Direct Growth?

The AUM of Bank of India Arbitrage Fund – Direct Growth is ₹4,143 Cr as of 18 August 2023

What are the top stock holdings of Bank of India Arbitrage Fund – Direct Growth?

The top stock holdings of Bank of India Arbitrage Fund – Direct Growth are
  1. ICICI Bank - 8.47%
  2. Jindal Steel - 6.19%
  3. TCS - 5.24%
  4. Bank of Baroda - 4.78%
  5. Maruti Suzuki - 4.63%

How can I redeem my investments in Bank of India Arbitrage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Bank of India Arbitrage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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