Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 34/100 · Weak
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)6.73%
- Expense ratio (20%)2.25%
- AUM (15%)₹136 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Bank of India Mutual Fund · Hybrid · Arbitrage
₹15.38
AUM: ₹135 Cr
NAV updated 22 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
2.25%
Exit Load
Exit load of 0.50%, if redeemed within 15 days.
Fund Manager
Ajay Khandelwal
Inception
Jun 2018
Benchmark
NIFTY 50 Arbitrage Total Return Index
Sharpe Ratio
-0.36
Std Dev (1Y)
1.35%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.07%
3m
+1.34%
6m
+2.56%
1y
+5.7%
3y
+6.73%
5y
+5.77%
10y
+16.64%
since inception
+4.71%
TopFund's Take on BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW
BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW lags behind most of its peers in the Arbitrage category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 34/100.
Cost: At 2.25%, the expense ratio runs 47% above the Arbitrage category average of 1.53%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.36 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.35% is on the lower side for a Arbitrage fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW
The current NAV (Net Asset Value) of BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW is ₹15.38. NAV is updated every business day after market close by AMFI.
1Y: 5.7% · 3Y CAGR: 6.73% · 5Y CAGR: 5.77%
The expense ratio of BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW is 2.25% per annum. This is the annual fee charged by the fund to manage your investment.
BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW is managed by Ajay Khandelwal at Bank of India Mutual Fund.
BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW is a Arbitrage fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW is ₹136 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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