Dezerv

Fund Overview

Fund Size

Fund Size

₹26 Cr

Expense Ratio

Expense Ratio

0.24%

ISIN

ISIN

INF761K01ED3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 5 years, 10 months and 1 days, having been launched on 18-Jun-18.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹13.25, Assets Under Management (AUM) of 25.53 Crores, and an expense ratio of 0.24%.
  • Bank of India Arbitrage Fund Direct Growth has given a CAGR return of 4.94% since inception.
  • The fund's asset allocation comprises around -0.52% in equities, 10.45% in debts, and 90.05% 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

+7.58%

+7.44%(Cat. Avg.)

3 Years

+4.89%

+5.40%(Cat. Avg.)

5 Years

+4.70%

+4.99%(Cat. Avg.)

Since Inception

+4.94%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity-0.13 Cr-0.52%
Debt2.67 Cr10.45%
Others22.99 Cr90.07%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Receivables / (Payables)Cash18.84 Cr73.80%
Bank of India Liquid Dir GrMutual Fund - Open End2.59 Cr10.15%
Future on Reliance Industries LtdEquity - Future-1.72 Cr6.74%
Reliance Industries LtdEquity1.71 Cr6.69%
Future on Larsen & Toubro LtdEquity - Future-1.59 Cr6.24%
Larsen & Toubro LtdEquity1.58 Cr6.19%
TrepsCash - Repurchase Agreement1.56 Cr6.12%
Hdfc Bank Limited April 2024 FutureEquity - Future-1.53 Cr5.98%
HDFC Bank LtdEquity1.51 Cr5.93%
364 DTB 24102024Bond - Gov't/Treasury1.44 Cr5.65%
Future on Jindal Steel & Power LtdEquity - Future-1.17 Cr4.60%
Jindal Steel & Power LtdEquity1.17 Cr4.57%
Indian Oil Corporation Limited April 2024 FutureEquity - Future-1.15 Cr4.51%
Indian Oil Corp LtdEquity1.14 Cr4.49%
364 DTB 11072024Bond - Gov't/Treasury0.98 Cr3.84%
Future on Bank of BarodaEquity - Future-0.93 Cr3.65%
Bank of BarodaEquity0.93 Cr3.63%
Future on Canara BankEquity - Future-0.79 Cr3.10%
Canara BankEquity0.78 Cr3.07%
Future on Glenmark Pharmaceuticals LtdEquity - Future-0.77 Cr3.02%
Glenmark Pharmaceuticals LtdEquity0.76 Cr2.99%
Future on Hindalco Industries LtdEquity - Future-0.55 Cr2.17%
Hindalco Industries LtdEquity0.55 Cr2.15%
Future on InterGlobe Aviation LtdEquity - Future-0.54 Cr2.10%
InterGlobe Aviation LtdEquity0.53 Cr2.09%
Future on NTPC LtdEquity - Future-0.51 Cr1.99%
NTPC LtdEquity0.5 Cr1.97%
Future on ABB India LtdEquity - Future-0.48 Cr1.88%
Future on Tata Consultancy Services LtdEquity - Future-0.48 Cr1.87%
Trent Limited April 2024 FutureEquity - Future-0.48 Cr1.87%
ABB India LtdEquity0.48 Cr1.87%
Tata Consultancy Services LtdEquity0.47 Cr1.86%
Trent LtdEquity0.47 Cr1.86%
Future on Axis Bank LtdEquity - Future-0.46 Cr1.81%
Axis Bank LtdEquity0.46 Cr1.79%
Power Finance Corporation Limited April 2024 FutureEquity - Future-0.46 Cr1.79%
Future on State Bank of IndiaEquity - Future-0.45 Cr1.78%
Power Finance Corp LtdEquity0.45 Cr1.78%
State Bank of IndiaEquity0.45 Cr1.77%
Future on Ambuja Cements LtdEquity - Future-0.44 Cr1.74%
Ambuja Cements LtdEquity0.44 Cr1.73%
Future on Multi Commodity Exchange of India LtdEquity - Future-0.41 Cr1.59%
Multi Commodity Exchange of India LtdEquity0.4 Cr1.57%
Cipla Limited April 2024 FutureEquity - Future-0.39 Cr1.54%
Cipla LtdEquity0.39 Cr1.52%
Future on Dixon Technologies (India) LtdEquity - Future-0.38 Cr1.47%
Dixon Technologies (India) LtdEquity0.37 Cr1.47%
Future on Bharti Airtel LtdEquity - Future-0.35 Cr1.38%
Bharti Airtel LtdEquity0.35 Cr1.37%
Acc Limited April 2024 FutureEquity - Future-0.3 Cr1.18%
ACC LtdEquity0.3 Cr1.17%
Future on Zee Entertainment Enterprises LtdEquity - Future-0.3 Cr1.16%
Zee Entertainment Enterprises LtdEquity0.29 Cr1.14%
Future on ITC LtdEquity - Future-0.28 Cr1.08%
ITC LtdEquity0.27 Cr1.07%
Future on PVR INOX LtdEquity - Future-0.27 Cr1.07%
PVR INOX LtdEquity0.27 Cr1.06%
Future on Tata Steel LtdEquity - Future-0.26 Cr1.02%
Tata Steel LtdEquity0.26 Cr1.01%
Upl Limited April 2024 FutureEquity - Future-0.24 Cr0.93%
UPL LtdEquity0.24 Cr0.93%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-0.22 Cr0.85%
Adani Ports & Special Economic Zone LtdEquity0.21 Cr0.84%
Future on JSW Steel LtdEquity - Future-0.17 Cr0.66%
JSW Steel LtdEquity0.17 Cr0.66%
Future on Indian Energy Exchange LtdEquity - Future-0.15 Cr0.60%
Indian Energy Exchange LtdEquity0.15 Cr0.59%
Future on Hindustan Copper LtdEquity - Future-0.15 Cr0.58%
Hindustan Copper LtdEquity0.15 Cr0.58%
364 DTB 03102024Bond - Gov't/Treasury0.14 Cr0.57%
Future on Kotak Mahindra Bank LtdEquity - Future-0.14 Cr0.56%
Kotak Mahindra Bank LtdEquity0.14 Cr0.56%
The Indian Hotels Company Limited April 2024 FutureEquity - Future-0.12 Cr0.47%
Indian Hotels Co LtdEquity0.12 Cr0.46%
India (Republic of)Bond - Short-term Government Bills0.1 Cr0.39%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services5.28 Cr20.70%
Basic Materials3.27 Cr12.80%
Energy2.85 Cr11.18%
Industrials2.8 Cr10.99%
Healthcare1.15 Cr4.52%
Communication Services0.91 Cr3.57%
Technology0.85 Cr3.33%
Consumer Cyclical0.59 Cr2.32%
Utilities0.5 Cr1.97%
Consumer Defensive0.27 Cr1.07%

Risk & Performance Ratios

Standard Deviation

This fund

0.70%

Cat. avg.

0.81%

Lower the better

Sharpe Ratio

This fund

-1.23

Cat. avg.

0.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.32

Higher the better

Fund Managers

AS

Alok Singh

Since December 2021

Additional Scheme Detailsas of 31st March 2024

ISININF761K01ED3Expense Ratio0.24%Exit LoadNo ChargesFund Size₹26 CrAge18 Jun 2018Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹94.27 Cr7.2%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹94.27 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹25.53 Cr7.6%
Bank of India Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹25.53 Cr6.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.6%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹1451.16 Cr7.8%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹10755.47 Cr7.7%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹10755.47 Cr8.5%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹65.10 Cr7.1%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹65.10 Cr6.2%

About the AMC

Total AUM

₹6,557 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹63.64 Cr46.7%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹33.45 Cr48.0%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

1.2%1.0%₹665.29 Cr47.3%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹71.28 Cr14.1%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.5%1.0%₹121.68 Cr25.7%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹452.87 Cr52.8%
Bank of India Bluechip Fund Direct Growth

Very High Risk

1.4%1.0%₹132.39 Cr46.0%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹743.44 Cr61.8%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹292.85 Cr42.4%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1322.32 Cr7.4%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹82.58 Cr6.3%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

1.0%1.0%₹255.83 Cr61.6%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

1.2%0.0%₹1210.15 Cr54.3%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.9%0.0%₹152.40 Cr6.7%
Bank of India Credit Risk Fund Direct Growth

Moderately High risk

1.1%4.0%₹141.75 Cr7.1%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹939.70 Cr52.2%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹88.85 Cr6.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹25.53 Cr7.6%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Bank of India Arbitrage Fund Direct Growth, as of 18-Apr-2024, is ₹13.25.
The fund has generated 7.58% over the last 1 year and 4.89% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as -0.52% in equities, 10.45% in bonds, and 90.05% in cash and cash equivalents.
The fund managers responsible for Bank of India Arbitrage Fund Direct Growth are:-
  1. Alok Singh