BANK OF INDIA Arbitrage Fund Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- 5-Year CAGR of 5.5% demonstrates steady long-term compounding.
- Expense ratio (2.85%) is higher than category median (2.12%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.85% | +0.72% | +0.13% |
| 3 Months | +1.72% | +1.49% | +0.23% |
| 6 Months | +3.08% | +3.04% | +0.04% |
| 1 Year | +6.07% | +6.13% | -0.06% |
| 3 Years CAGR | +6.26% | +6.54% | -0.28% |
| 5 Years CAGR | +5.50% | +6.08% | -0.58% |
| 7 Years CAGR | +4.70% | +5.49% | -0.79% |
| Since Inception | +4.85% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in BANK OF INDIA Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.17% | +5.16% | +0.01% |
| 2025 | +5.95% | +6.23% | -0.28% |
| 2024 | +6.93% | +7.46% | -0.53% |
| 2023 | +6.26% | +7.05% | -0.79% |
| 2022 | +2.98% | +4.06% | -1.08% |
| 2021 | +2.22% | +3.55% | -1.33% |
| 2020 | +3.19% | +4.08% | -0.89% |
| 2019 | +5.25% | +6.07% | -0.82% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +1.91% | +4.71% | +5.38% | +7.13% | 100.0% | - |
| 3-Year Rolling | +2.56% | +4.50% | +4.19% | +6.51% | 100.0% | - |
| 5-Year Rolling | +3.86% | +4.47% | +4.33% | +5.51% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| "Equity and equity related securities - 65% to 100% Equity Derivatives - 65% to 100% Debt and Money Market Securities /instruments - 00% to 35% Residual Portion: ETCDs - 00% to 10% Gold ETFs and Silver ETFs - 00% to 10%" | Per Scheme Mandate |
Investment Objective & Strategy
The Scheme seeks 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
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 129 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Bajaj Finserv Arbitrage Fund | 4.1 | +6.27% | 1.97% | - | Rs 1,352 cr | Compare → |
| NJ Arbitrage Fund | 3.3 | +6.10% | 1.66% | - | Rs 222 cr | Compare → |
| JM Arbitrage Fund | 2.6 | +6.27% | 2.11% | - | Rs 418 cr | Compare → |
| Mahindra Manulife Arbitrage Fund | 3.3 | +5.62% | 1.91% | - | Rs 143 cr | Compare → |
| PGIM India Arbitrage Fund | 3.7 | +6.35% | 1.91% | - | Rs 109 cr | Compare → |
Frequently Asked Questions about BANK OF INDIA Arbitrage Fund
What is the expense ratio of BANK OF INDIA Arbitrage Fund?
BANK OF INDIA Arbitrage Fund has a total expense ratio (TER) of 2.85% with a base expense ratio of 0.88%, compared to the Arbitrage category median of 2.12%.
Who manages BANK OF INDIA Arbitrage Fund?
BANK OF INDIA Arbitrage Fund is managed by Firdaus Ragina (tenure: 4.9 years since 2021-12-01).
What are the historical returns of BANK OF INDIA Arbitrage Fund?
BANK OF INDIA Arbitrage Fund delivered a 3-year CAGR of 6.26% and a 5-year CAGR of 5.5%. Its 1-year return stands at +6.07%.
How large is BANK OF INDIA Arbitrage Fund?
BANK OF INDIA Arbitrage Fund manages assets of Rs 129 cr, placing it in the 'small' size band relative to Arbitrage peers.
How is BANK OF INDIA Arbitrage Fund scored on MFIQ?
BANK OF INDIA Arbitrage Fund holds an MFIQ Score of 2.0/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is BANK OF INDIA Arbitrage Fund?
BANK OF INDIA Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.22% with a maximum historical drawdown of -0.61%.