Loading...
Bank of India Arbitrage Fund Direct Growth
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (20-May-26)
₹15.16-0.07%1D
Returns (Since Inception)
5.40%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹45 Cr
Expense Ratio
0.37%
ISIN
INF761K01ED3
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
18 Jun 2018
About this fund
Bank of India Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 7 years, 11 months and 3 days, having been launched on 18-Jun-18.
As of 20-May-26, it has a Net Asset Value (NAV) of ₹15.16, Assets Under Management (AUM) of 44.91 Crores, and an expense ratio of 0.37%.
As of 20-May-26, it has a Net Asset Value (NAV) of ₹15.16, Assets Under Management (AUM) of 44.91 Crores, and an expense ratio of 0.37%.
- Bank of India Arbitrage Fund Direct Growth has given a CAGR return of 5.40% since inception.
- The fund's asset allocation comprises around 1.68% in equities, 4.46% in debts, and 95.82% in cash & cash equivalents.
- You can start investing in Bank of India Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.16%
+6.03% (Cat Avg.)
3 Years
+6.94%
+6.86% (Cat Avg.)
5 Years
+5.68%
+6.01% (Cat Avg.)
Since Inception
+5.40%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2026
| Equity | ₹0.75 Cr | 1.68% |
| Debt | ₹2 Cr | 4.46% |
| Others | ₹42.15 Cr | 93.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹35.95 Cr | 80.05% |
| Bank of India Liquid Dir Gr | Mutual Fund - Open End | ₹6.07 Cr | 13.52% |
| Future on BANK Index | Equity Index - Future | ₹-4.32 Cr | 9.62% |
| Jsw Steel Limited May 2026 Future | Equity - Future | ₹-2.92 Cr | 6.49% |
| JSW Steel Ltd | Equity | ₹2.9 Cr | 6.46% |
| Future on ITC | Equity - Future | ₹-2.27 Cr | 5.06% |
| ITC Ltd | Equity | ₹2.27 Cr | 5.05% |
| Sammaan Capital Limited May 2026 Future | Equity - Future | ₹-1.94 Cr | 4.32% |
| Sammaan Capital Ltd | Equity | ₹1.93 Cr | 4.29% |
| Jio Financial Services Limited May 2026 Future | Equity - Future | ₹-1.8 Cr | 4.01% |
| Jio Financial Services Ltd | Equity | ₹1.79 Cr | 4.00% |
| UPL Future May 26 | Equity - Future | ₹-1.58 Cr | 3.51% |
| UPL Ltd | Equity | ₹1.57 Cr | 3.49% |
| Bharti Airtel Limited May 2026 Future | Equity - Future | ₹-1.35 Cr | 3.01% |
| Bharti Airtel Ltd | Equity | ₹1.34 Cr | 2.99% |
| Indian Bank | Equity | ₹1.28 Cr | 2.85% |
| Grasim Industries Limited May 2026 Future | Equity - Future | ₹-1.19 Cr | 2.65% |
| Grasim Industries Ltd | Equity | ₹1.19 Cr | 2.64% |
| HDFC Life Future May 26 | Equity - Future | ₹-1.17 Cr | 2.60% |
| HDFC Life Insurance Co Ltd | Equity | ₹1.16 Cr | 2.59% |
| Pnb Housing Finance Limited May 2026 Future | Equity - Future | ₹-1.09 Cr | 2.43% |
| PNB Housing Finance Ltd | Equity | ₹1.09 Cr | 2.42% |
| HDFC Bank Ltd | Equity | ₹1.06 Cr | 2.36% |
| Godrej Properties Limited May 2026 Future | Equity - Future | ₹-1.01 Cr | 2.25% |
| Godrej Properties Ltd | Equity | ₹1.01 Cr | 2.25% |
| Kotak Mahindra Bank Ltd | Equity | ₹1 Cr | 2.22% |
| 08/10/2026 Maturing 364 DTB | Bond - Gov't/Treasury | ₹0.98 Cr | 2.17% |
| Samvardhana Motherson International Limited May 2026 Future | Equity - Future | ₹-0.97 Cr | 2.17% |
| Delhivery Limited May 2026 Future | Equity - Future | ₹-0.97 Cr | 2.17% |
| Delhivery Ltd | Equity | ₹0.97 Cr | 2.16% |
| Samvardhana Motherson International Ltd | Equity | ₹0.97 Cr | 2.16% |
| RBL Bank Ltd | Equity | ₹0.96 Cr | 2.14% |
| Icici Prudential Life Insurance Company Limited May 2026 Future | Equity - Future | ₹-0.95 Cr | 2.13% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.95 Cr | 2.12% |
| 14/05/2026 Maturing 364 DTB | Bond - Gov't/Treasury | ₹0.9 Cr | 2.00% |
| National Aluminium Co Ltd | Equity | ₹0.9 Cr | 2.00% |
| Future on Aluminium | Commodity - Future | ₹-0.9 Cr | 2.00% |
| Britannia Industries Limited May 2026 Future | Equity - Future | ₹-0.86 Cr | 1.92% |
| Britannia Industries Ltd | Equity | ₹0.86 Cr | 1.91% |
| Lodha Developers Limited May 2026 Future | Equity - Future | ₹-0.85 Cr | 1.90% |
| Hindustan Aeronautics Limited May 2026 Future | Equity - Future | ₹-0.85 Cr | 1.90% |
| Lodha Developers Ltd | Equity | ₹0.85 Cr | 1.89% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.85 Cr | 1.88% |
| Punjab National Bank Future May 26 | Equity - Future | ₹-0.79 Cr | 1.76% |
| Bajaj Finserv Limited May 2026 Future | Equity - Future | ₹-0.79 Cr | 1.76% |
| Punjab National Bank | Equity | ₹0.79 Cr | 1.75% |
| Bajaj Finserv Ltd | Equity | ₹0.79 Cr | 1.75% |
| Info Edge (India) Limited May 2026 Future | Equity - Future | ₹-0.77 Cr | 1.72% |
| Info Edge (India) Ltd | Equity | ₹0.77 Cr | 1.71% |
| Multi Commodity Exchange Of India Limited May 2026 Future | Equity - Future | ₹-0.75 Cr | 1.66% |
| Multi Commodity Exchange of India Ltd | Equity | ₹0.74 Cr | 1.65% |
| Patanjali Foods Limited May 2026 Future | Equity - Future | ₹-0.66 Cr | 1.48% |
| Patanjali Foods Ltd | Equity | ₹0.66 Cr | 1.47% |
| Cholamandalam Investment And Finance Company Ltd May 2026 Future | Equity - Future | ₹-0.49 Cr | 1.09% |
| 10/09/2026 Maturing 364 DTB | Bond - Gov't/Treasury | ₹0.49 Cr | 1.09% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.49 Cr | 1.09% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.49 Cr | 1.09% |
| Future on Bank of Baroda | Equity - Future | ₹-0.47 Cr | 1.04% |
| Bank of Baroda | Equity | ₹0.46 Cr | 1.03% |
| Treps | Cash - Repurchase Agreement | ₹0.13 Cr | 0.29% |
| Adani Ports And Special Economic Zone Limited May 2026 Future | Equity - Future | ₹-0.08 Cr | 0.18% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹0.08 Cr | 0.18% |
| Tbill | Bond - Gov't/Treasury | ₹0.05 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
36.56%
Mid Cap Stocks
17.53%
Small Cap Stocks
11.01%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹14.49 Cr | 32.26% |
| Basic Materials | ₹6.55 Cr | 14.59% |
| Consumer Defensive | ₹3.79 Cr | 8.43% |
| Communication Services | ₹2.11 Cr | 4.70% |
| Industrials | ₹1.89 Cr | 4.22% |
| Real Estate | ₹1.86 Cr | 4.14% |
| Consumer Cyclical | ₹0.97 Cr | 2.16% |
Risk & Performance Ratios
Standard Deviation
This fund
0.34%
Cat. avg.
0.52%
Lower the better
Sharpe Ratio
This fund
1.56
Cat. avg.
1.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.96
Higher the better
Fund Managers
NJ
Nilesh Jethani
Since July 2025
Additional Scheme Detailsas of 30th April 2026
ISIN INF761K01ED3 | Expense Ratio 0.37% | Exit Load No Charges | Fund Size ₹45 Cr | Age 7 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Arbitrage Fund Funds
About the AMC
BOI Mutual Fund
Total AUM
₹13,433 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Low Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Bank of India Arbitrage Fund Direct Growth?
The NAV of Bank of India Arbitrage Fund Direct Growth, as of 20-May-2026, is ₹15.16.
What are the returns of Bank of India Arbitrage Fund Direct Growth?
The fund has generated 6.16% over the last 1 year and 6.94% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Bank of India Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as 1.68% in equities, 4.46% in bonds, and 95.82% in cash and cash equivalents.
Who manages the Bank of India Arbitrage Fund Direct Growth?
The fund managers responsible for Bank of India Arbitrage Fund Direct Growth are:-
- Nilesh Jethani
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2026 Dezerv. All Rights Reserved
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
