Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl

Low Risk
Alternative
Arbitrage Fund

NAV as on Jul 13, 2026

Price per unit of the scheme.

₹ 13.7696-0.02%1 Day Change

0.51%

Minimum Investment₹5000

Expense Ratio0.26%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl

Alternative: Arbitrage Fund Average NAV

Topper in Alternative: Arbitrage Fund

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

NIFTY 50 Arbitrage TR INR

Expense Ratio

0.26%

Category Avg Expense Ratio

0.38%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 48.48 Cr(As on May, 2026)

Inception Date

Jun 18, 2018

Turnover

- %

Exit Load

a) For Redemption/switch out of up to 10% of the initial units allotted within 30 days from the date of allotment NIL b) Any Redemption/Switch out in excess of the above mentioned limit would be subject to an exit load of 0.50%, if the units are switched out within 30 days from the date of allotment of units c) If the units are redeemed/switched out after 30 days from the date of allotment of units NIL.

ABOUT THE 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.

Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is an Alternative - Arbitrage Fund fund. The fund was launched inJun 18, 2018. Its risk level is . The NAV of the fund as onJul 13, 2026 is ₹13.77. Its expense ratio is 0.26 %. The fund has an AUM of ₹48.48 Cr.The fund is managed byAlok Singh,Firdaus Ragina,Nilesh Jethani.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Alok Singh

Lead Fund Manager.

Dec 1, 2021 - Present

Schemes managed6
Total AUM₹ 4,573.89 Cr
Highest Return In 1 Yr17.61 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Bank of India Balanced Advantage Direct Growth

₹ 28.52

1.88%

3.54%

Very High Risk

₹156.03Cr

Bank of India Tax Advantage Fund Direct Plan Growth

₹ 194.11

2.53%

5.47%

Very High Risk

₹1,380.17Cr

Bank of India Arbitrage Fund Direct Growth

₹ 15.28

0.52%

0.50%

Low Risk

₹48.48Cr

Bank of India Balanced Advantage Direct Growth

Very High Risk

NAV₹ 28.52
Fund Size₹156.03Cr

Fund Return1.88%

Category Return3.54%

Bank of India Tax Advantage Fund Direct Plan Growth

Very High Risk

NAV₹ 194.11
Fund Size₹1,380.17Cr

Fund Return2.53%

Category Return5.47%

Bank of India Arbitrage Fund Direct Growth

Low Risk--

NAV₹ 15.28
Fund Size₹48.48Cr

Fund Return0.52%

Category Return0.50%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Nilesh Jethani

Lead Fund Manager.

Jul 14, 2025 - Present

Schemes managed2
Total AUM₹ 261.72 Cr
Highest Return In 1 Yr5.99 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Bank of India Bluechip Fund Direct Growth

₹ 17.86

3.06%

4.77%

Very High Risk

₹213.25Cr

Bank of India Arbitrage Fund Direct Growth

₹ 15.28

0.52%

0.50%

Low Risk

₹48.48Cr

Bank of India Bluechip Fund Direct Growth

Very High Risk--

NAV₹ 17.86
Fund Size₹213.25Cr

Fund Return3.06%

Category Return4.77%

Bank of India Arbitrage Fund Direct Growth

Low Risk--

NAV₹ 15.28
Fund Size₹48.48Cr

Fund Return0.52%

Category Return0.50%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Firdaus Ragina

Lead Fund Manager.

Oct 1, 2024 - Present

Schemes managed1
Total AUM₹ 48.48 Cr
Highest Return In 1 Yr5.96 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Bank of India Arbitrage Fund Direct Growth

₹ 15.28

0.52%

0.50%

Low Risk

₹48.48Cr

Bank of India Arbitrage Fund Direct Growth

Low Risk--

NAV₹ 15.28
Fund Size₹48.48Cr

Fund Return0.52%

Category Return0.50%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Jun, 2026

EQUITY (5.76%)

DEBT (6.03%)

CASH (94.31%)

Allocation by Market Cap

Large Cap(13.13%)

Mid Cap(9.01%)

Small Cap(3.86%)

Other Cap(-6.11%)

Industry Holdings

Banks Regional29.01%
Building Materials10.01%
Steel9.29%
Aluminum8.91%
Insurance Life6.21%
Aerospace Defense5.23%

Stock Holdings

National Aluminium Co Ltd6.12%
Future on Ambuja Cements Ltd4.16%
Ambuja Cements Ltd4.13%
Future on Tata Steel Ltd3.05%
Tata Steel Ltd3.03%
Future on JSW Steel Ltd2.94%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
----
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.82
This Fund
VS
0.81
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.17
This Fund
VS
1.68
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
0.49
This Fund
VS
0.57
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth ₹ 15,558.65 crores. It’s current offering of mutual fund schemes includes 13 equity, 4 debt and 4 hybrid schemes.

Phone

022-61249000

service@boimf.in

AUM

₹ 15,558.65 Cr (

As on May 31, 2026

)

Address

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

FAQs

What is the category of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The category of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is Alternative - Arbitrage Fund

What is the current NAV of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The current NAV of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl as on Jul 13, 2026 is ₹13.77

How safe is Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The risk level of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is Low.

What are short term returns given by Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The return given by Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl in 1 month is 0.51%, 3 months is 1.28%, 6 months is 2.80%, and 1 year is 5.91%

What are the long term returns given by Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The return given by Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl in 3 years is 6.82% and 5 years is 5.68%.

What is the expense ratio of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The expense ratio of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is 0.26%

What is the AUM of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The assets under Management (AUM) of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is Rs 48.48 crores.

What is the minimum investment in Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl ?

The minimum Lumpsum investment in Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is ₹5,000.00 and the minimum SIP investment in Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is ₹1,000.00

What is the asset allocation of Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl?

Bank of India Arbitrage Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl has an exposure of 5.76% in Equity, 6.03% in Debt and 94.31% in Cash & Money Market Securities