Bank of India Arbitrage Fund Direct Growth
Bank of India Arbitrage Fund Direct Growth

Bank of India Arbitrage Fund Direct Growth

Hybrid
Direct
Arbitrage Fund

NAV: ₹ 12 as on 04-10-2022

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 1.1L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.3%
0.8%
1.5%
2.9%
3.3%
Benchmark
0.4%
1%
1.9%
3.7%
3.8%
About the Fund

Bank of India Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on  18 June, 2018. The fund is managed by Alok Singh. This fund gives you the benefit of diversification.

Key parameters

1) Bank of India Arbitrage Fund Direct Growth has a NAV of 11.9603 as on 04-10-2022.

2) Bank of India Arbitrage Fund Direct Growth has 15 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.6 %.

Fund Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹15 Cr
Inception Date
Inception Date
18 June, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
199.81%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Aug'22

Jul'22

Jun'22

Cash Equivalent

93.7%

Government

6.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings40
Equity Holdings36
Debt Holdings4
Holdings
Weight%
Holdings Trend
1M Change
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Net Receivables / (Payables)
80.66%
0%
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182 Dtb 15092022
9.63%
0%
icon
Future on Adani Ports & Special Economic Zone Ltd
7.74%
0%
icon
Adani Ports & Special Economic Zone Ltd
7.71%
0%
icon
364 DTB 29062023
6.33%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 15 Cr
Jul'22
₹ 15 Cr
Jun'22
₹ 17.1 Cr

Fund Returns vs Benchmark

Aug'22
-0.07%
-0.05%
Jul'22
-0.07%
-0.05%
Jun'22
0.30%
0.32%
Fund Return
Benchmark Return

Fund Manager

Alok Singh

Alok Singh

Managing this fund since 1 December 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Bank of India Arbitrage Fund Direct Growth
3.34%
3.86%
Bank of India Balanced Advantage Direct Growth
9.93%
11.1%
Bank of India Tax Advantage Fund Direct Plan Growth
26.06%
16.78%

AMC details

Address
Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba
Phone
+912240479000
Fund House
Bank of India Investment Managers Private Limited

Fund Highlights

meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.26% since inception which is less than its category average return of 5.02%
AUM size ₹15 Cr

AUM size ₹15 Cr

This fund has AUM of ₹15 Cr which is less than its category average of ₹ 3302 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 0.72%

Frequently Asked Questions

The current NAV of Bank of India Arbitrage Fund Direct Growth is 11.96.
Existing (Absolute + CAGR)
Bank of India Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.41%
0.41%
6 Month Returns
1.6%
1.6%
1 Year Returns
2.9%
2.9%
3 Years Returns
10.5%
3.39%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.6 as on September 2022
15 Cr as on September 2022
Adani Ports & Special Economic Zone Ltd(7.71%),JSW Steel Ltd(5.39%),Multi Commodity Exchange of India Ltd(5.15%),ICICI Bank Ltd(4.87%),Siemens Ltd(4.75%) as on September 2022
Cash Equivalent(93.96%),Government(6.33%),Health(-0.01%) as on September 2022
AAA
100
Alok Singh is the fund manager of Bank of India Arbitrage Fund Direct Growth
The Exit load of Bank of India Arbitrage Fund Direct Growth is 0.5%