Bank of India Arbitrage Fund – Direct (IDCW-M)

Hybrid · Arbitrage
1,000
Min SIP
5,000
Min Lumpsum
0.24 %
Expense Ratio
Rating
19
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 28 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.2% 4.7% 4.5% 4.7%
Category Average 8.3% 5.7% 5.1% -

Scheme Allocation

By Holding
By Sector
By Asset
7.99%
7.34%
5.28%
Others
66.68%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 8.31%
I O C L Refineries Equity 7.99%
HDFC Bank Banks Equity 7.34%
Jindal Steel Steel Equity 5.28%
Bank of Baroda Banks Equity 4.4%
Canara Bank Banks Equity 3.96%
Glenmark Pharma. Pharmaceuticals Equity 3.68%
Hindalco Inds. Non Ferrous Metals Equity 2.88%
ICICI Bank Banks Equity 2.55%
NTPC Power Generation & Distribution Equity 2.41%
Multi Comm. Exc. Miscellaneous Equity 2.08%
Ambuja Cements Cement Equity 2.04%
JSW Steel Steel Equity 1.96%
St Bk of India Banks Equity 1.95%
Trent Retail Equity 1.88%
Zee Entertainmen Entertainment Equity 1.84%
Dixon Technolog. Consumer Durables Equity 1.82%
A B B Capital Goods - Electrical Equipment Equity 1.78%
ACC Cement Equity 1.55%
PVR Inox Entertainment Equity 1.5%
Indian Hotels Co Hotels & Restaurants Equity 1.5%
Zydus Lifesci. Pharmaceuticals Equity 1.39%
Tata Steel Steel Equity 1.14%
Adani Ports Marine Port & Services Equity 0.98%
Indian Energy Ex Miscellaneous Equity 0.84%
Hindustan Copper Non Ferrous Metals Equity 0.78%
Kotak Mah. Bank Banks Equity 0.74%
Cash & Others
75.74%
Banks
20.94%
Petroleum Products
16.3%
Debt
15.04%
Ferrous Metals
8.38%
Net Curr Ass/Net Receivables
75.74%
Equity
74.57%
T-Bills
12.13%
Mutual Funds Units
9.65%
Reverse Repos
2.91%

Advance Ratio

-2.15
Alpha
0.2
SD
0.18
Beta
-3.42
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 (IDCW-M) ?

You can invest in Bank of India Arbitrage Fund – Direct (IDCW-M) 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 (IDCW-M) 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 (IDCW-M) ?

The NAV of Bank of India Arbitrage Fund – Direct (IDCW-M) is ₹11.8 as of 28 February 2024.

How to redeem Bank of India Arbitrage Fund – Direct (IDCW-M) 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 (IDCW-M)?

The minimum SIP amount of Bank of India Arbitrage Fund – Direct (IDCW-M) is ₹1000

What are the top sectors Bank of India Arbitrage Fund – Direct (IDCW-M) has invested in?

The top sectors Bank of India Arbitrage Fund – Direct (IDCW-M) has invested in are
  1. Cash & Others - 75.74%
  2. Banks - 20.94%
  3. Petroleum Products - 16.3%
  4. Debt - 15.04%
  5. Ferrous Metals - 8.38%

Can I make investments in both the SIP and Lump Sum schemes of Bank of India Arbitrage Fund – Direct (IDCW-M)?

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

How much returns have Bank of India Arbitrage Fund – Direct (IDCW-M) generated ?

The Bank of India Arbitrage Fund – Direct (IDCW-M) has delivered 4.7% since inception

What is the expense ratio of Bank of India Arbitrage Fund – Direct (IDCW-M) ?

The expense ratio of Bank of India Arbitrage Fund – Direct (IDCW-M) is 0.24 % as of 28 February 2024.

What is the AUM of Bank of India Arbitrage Fund – Direct (IDCW-M)?

The AUM of Bank of India Arbitrage Fund – Direct (IDCW-M) is ₹5,788 Cr as of 28 February 2024

What are the top stock holdings of Bank of India Arbitrage Fund – Direct (IDCW-M)?

The top stock holdings of Bank of India Arbitrage Fund – Direct (IDCW-M) are
  1. Reliance Industr - 8.31%
  2. I O C L - 7.99%
  3. HDFC Bank - 7.34%
  4. Jindal Steel - 5.28%
  5. Bank of Baroda - 4.4%

How can I redeem my investments in Bank of India Arbitrage Fund – Direct (IDCW-M)?

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 (IDCW-M) in Scheme, enter the redemption amount, and click on submit button.
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