Bank of India Arbitrage Fund Regular Growth
AlternativeArbitrage FundLow Risk
Regular
NAV (05-Sep-24)
₹13.11-0.00%1D
Returns (Since Inception)
4.45%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹41 Cr
Expense Ratio
0.94%
ISIN
INF761K01DW5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
18 Jun 2018
About this fund
Bank of India Arbitrage Fund Regular Growth is a Arbitrage Fund mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 6 years, 2 months and 20 days, having been launched on 18-Jun-18.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹13.11, Assets Under Management (AUM) of 40.88 Crores, and an expense ratio of 0.94%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹13.11, Assets Under Management (AUM) of 40.88 Crores, and an expense ratio of 0.94%.
- Bank of India Arbitrage Fund Regular Growth has given a CAGR return of 4.45% since inception.
- The fund's asset allocation comprises around -0.39% in equities, 4.28% in debts, and 96.07% in cash & cash equivalents.
- You can start investing in Bank of India Arbitrage Fund Regular 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
+6.90%
+7.56% (Cat Avg.)
3 Years
+4.89%
+5.91% (Cat Avg.)
5 Years
+4.13%
+5.20% (Cat Avg.)
Since Inception
+4.45%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹-0.16 Cr | -0.39% |
| Debt | ₹1.75 Cr | 4.28% |
| Others | ₹39.29 Cr | 96.11% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹30.07 Cr | 73.56% |
| Bank of India Liquid Dir Gr | Mutual Fund - Open End | ₹6.8 Cr | 16.64% |
| Hdfc Bank Limited August 2024 Future | Equity - Future | ₹-2.6 Cr | 6.35% |
| HDFC Bank Ltd | Equity | ₹2.58 Cr | 6.30% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-1.61 Cr | 3.94% |
| Larsen & Toubro Ltd | Equity | ₹1.6 Cr | 3.92% |
| Future on Tata Steel Ltd | Equity - Future | ₹-1.56 Cr | 3.80% |
| Tata Steel Ltd | Equity | ₹1.55 Cr | 3.78% |
| Future on Bank of Baroda | Equity - Future | ₹-1.49 Cr | 3.66% |
| Bank of Baroda | Equity | ₹1.48 Cr | 3.63% |
| 364 DTB 24102024 | Bond - Gov't/Treasury | ₹1.48 Cr | 3.61% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-1.25 Cr | 3.05% |
| Indian Oil Corporation Limited August 2024 Future | Equity - Future | ₹-1.25 Cr | 3.05% |
| Indian Oil Corp Ltd | Equity | ₹1.24 Cr | 3.03% |
| Vodafone Idea Ltd | Equity | ₹1.24 Cr | 3.02% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-1.21 Cr | 2.96% |
| Reliance Industries Ltd | Equity | ₹1.2 Cr | 2.95% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-1.18 Cr | 2.88% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.17 Cr | 2.87% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-1.01 Cr | 2.48% |
| Zydus Lifesciences Ltd | Equity | ₹1.01 Cr | 2.47% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-0.99 Cr | 2.42% |
| Hero MotoCorp Ltd | Equity | ₹0.99 Cr | 2.42% |
| Future on ITC Ltd | Equity - Future | ₹-0.88 Cr | 2.15% |
| NTPC Ltd | Equity | ₹0.87 Cr | 2.14% |
| ITC Ltd | Equity | ₹0.87 Cr | 2.13% |
| Future on NTPC Ltd | Equity - Future | ₹-0.87 Cr | 2.13% |
| Treps | Cash - Repurchase Agreement | ₹0.79 Cr | 1.93% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.76 Cr | 1.86% |
| JSW Steel Ltd | Equity | ₹0.75 Cr | 1.84% |
| Future on Indian Energy Exchange Ltd | Equity - Future | ₹-0.73 Cr | 1.78% |
| Indian Energy Exchange Ltd | Equity | ₹0.72 Cr | 1.76% |
| Trent Limited August 2024 Future | Equity - Future | ₹-0.7 Cr | 1.72% |
| Trent Ltd | Equity | ₹0.7 Cr | 1.71% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-0.69 Cr | 1.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹0.69 Cr | 1.68% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-0.68 Cr | 1.67% |
| Jindal Steel & Power Ltd | Equity | ₹0.68 Cr | 1.66% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-0.67 Cr | 1.65% |
| InterGlobe Aviation Ltd | Equity | ₹0.67 Cr | 1.64% |
| Future on DLF Ltd | Equity - Future | ₹-0.66 Cr | 1.62% |
| DLF Ltd | Equity | ₹0.66 Cr | 1.61% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-0.66 Cr | 1.61% |
| Hindalco Industries Ltd | Equity | ₹0.66 Cr | 1.61% |
| 182 DTB 17012025 | Bond - Gov't/Treasury | ₹0.63 Cr | 1.54% |
| Future on ABB India Ltd | Equity - Future | ₹-0.6 Cr | 1.46% |
| ABB India Ltd | Equity | ₹0.59 Cr | 1.45% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-0.56 Cr | 1.37% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.56 Cr | 1.36% |
| Future on State Bank of India | Equity - Future | ₹-0.53 Cr | 1.29% |
| State Bank of India | Equity | ₹0.52 Cr | 1.28% |
| Future on Lupin Ltd | Equity - Future | ₹-0.49 Cr | 1.20% |
| Lupin Ltd | Equity | ₹0.49 Cr | 1.19% |
| Future on L&T Finance Ltd | Equity - Future | ₹-0.48 Cr | 1.19% |
| L&T Finance Ltd | Equity | ₹0.48 Cr | 1.18% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-0.48 Cr | 1.17% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.48 Cr | 1.17% |
| Adani Enterprises Ltd | Equity | ₹0.48 Cr | 1.16% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-0.45 Cr | 1.09% |
| TVS Motor Co Ltd | Equity | ₹0.44 Cr | 1.08% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-0.44 Cr | 1.08% |
| Shriram Finance Ltd | Equity | ₹0.44 Cr | 1.08% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-0.44 Cr | 1.07% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.43 Cr | 1.06% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.43 Cr | 1.05% |
| The India Cements Limited August 2024 Future | Equity - Future | ₹-0.43 Cr | 1.04% |
| India Cements Ltd | Equity | ₹0.42 Cr | 1.03% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-0.41 Cr | 1.00% |
| Mahindra & Mahindra Ltd | Equity | ₹0.41 Cr | 1.00% |
| Cipla Ltd | Equity | ₹0.4 Cr | 0.98% |
| Cipla Limited August 2024 Future | Equity - Future | ₹-0.4 Cr | 0.98% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-0.35 Cr | 0.85% |
| HCL Technologies Ltd | Equity | ₹0.34 Cr | 0.84% |
| Acc Limited August 2024 Future | Equity - Future | ₹-0.31 Cr | 0.76% |
| ACC Ltd | Equity | ₹0.31 Cr | 0.76% |
| Future on Tata Chemicals Ltd | Equity - Future | ₹-0.31 Cr | 0.76% |
| Tata Chemicals Ltd | Equity | ₹0.31 Cr | 0.75% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-0.25 Cr | 0.62% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹0.25 Cr | 0.61% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-0.24 Cr | 0.59% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.24 Cr | 0.59% |
| 364 DTB 03102024 | Bond - Gov't/Treasury | ₹0.15 Cr | 0.36% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-0.14 Cr | 0.35% |
| Bharti Airtel Ltd | Equity | ₹0.14 Cr | 0.35% |
| The Indian Hotels Company Limited August 2024 Future | Equity - Future | ₹-0.13 Cr | 0.32% |
| Indian Hotels Co Ltd | Equity | ₹0.13 Cr | 0.31% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-0.12 Cr | 0.30% |
| Dixon Technologies (India) Ltd | Equity | ₹0.12 Cr | 0.30% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.1 Cr | 0.25% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.04 Cr | 0.10% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.04 Cr | 0.09% |
| 364 DTB 02052025 | Bond - Gov't/Treasury | ₹0.03 Cr | 0.07% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹7.35 Cr | 17.97% |
| Basic Materials | ₹4.67 Cr | 11.43% |
| Energy | ₹3.48 Cr | 8.50% |
| Healthcare | ₹3.31 Cr | 8.10% |
| Industrials | ₹3.12 Cr | 7.62% |
| Consumer Cyclical | ₹2.67 Cr | 6.52% |
| Communication Services | ₹1.38 Cr | 3.37% |
| Utilities | ₹0.87 Cr | 2.14% |
| Consumer Defensive | ₹0.87 Cr | 2.13% |
| Real Estate | ₹0.66 Cr | 1.61% |
| Technology | ₹0.47 Cr | 1.14% |
Risk & Performance Ratios
Standard Deviation
This fund
0.71%
Cat. avg.
0.76%
Lower the better
Sharpe Ratio
This fund
-2.25
Cat. avg.
-0.07
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.15
Higher the better
Fund Managers
AS
Alok Singh
Since December 2021
Additional Scheme Detailsas of 31st July 2024
ISIN | INF761K01DW5 | Expense Ratio | 0.94% | Exit Load | No Charges | Fund Size | ₹41 Cr | Age | 18 Jun 2018 | 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Sundaram Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹140.56 Cr | 7.4% |
| Sundaram Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹140.56 Cr | 8.0% |
| Bank of India Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹40.88 Cr | 7.7% |
| Bank of India Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹40.88 Cr | 6.9% |
| Mirae Asset Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹2406.03 Cr | 8.5% |
| Mirae Asset Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹2406.03 Cr | 7.6% |
| Tata Arbitrage Fund Regular Growth Low Risk | 1.1% | 0.0% | ₹11915.77 Cr | 7.6% |
| Tata Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹11915.77 Cr | 8.4% |
| Mahindra Manulife Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹98.53 Cr | 7.1% |
| Mahindra Manulife Arbitrage Fund Regular Growth Low Risk | 1.2% | 0.0% | ₹98.53 Cr | 6.2% |
About the AMC
Total AUM
₹10,118 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
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What is the current NAV of Bank of India Arbitrage Fund Regular Growth?
The NAV of Bank of India Arbitrage Fund Regular Growth, as of 05-Sep-2024, is ₹13.11.
What are the returns of Bank of India Arbitrage Fund Regular Growth?
The fund has generated 6.90% 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.
What is the portfolio composition of Bank of India Arbitrage Fund Regular Growth?
The fund's allocation of assets is distributed as -0.39% in equities, 4.28% in bonds, and 96.07% in cash and cash equivalents.
Who manages the Bank of India Arbitrage Fund Regular Growth?
The fund managers responsible for Bank of India Arbitrage Fund Regular Growth are:-
- Alok Singh
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.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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 Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.