Sharpe ratio
-0.96Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.45%1Y Absolute Return
-0.02%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| BANK OF INDIA Arbitrage Fund Direct Plan GrowthFund 5Y annualised return | ₹8,47,723 | ₹7,32,612 | ₹1,15,111 | +6.06% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.05
₹1 Lakh since launch₹1.05 Lakh
Fund age8.4 yrs
Fund information
Scheme code143614
ISININF761K01ED3
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio2.05%
Exit loadExit load of 0.50%, if redeemed within 15 days.
Minimum SIP₹1,000 SIP
Return comparison
42nd / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +8.50% | — | — |
| 3M | +7.45% | — | — |
| 6M | +6.41% | — | — |
| 1Y | +6.45% | — | +4.86% |
| 3Y | +6.86% | — | +5.29% |
| 5Y | +6.06% | — | +5.25% |
| Since Launch | +5.46% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-1.75Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
1.61%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
9.29How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Hedged Equity69.17%
Debt22.28%
Cash8.97%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 76 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 74.68% |
| BOI AXA Liquid Fund Direct-Growth | Unspecified | Mutual Fund | 12.84% |
| National Aluminium Company Ltd | Materials | Equity | 6.12% |
| Repo | Unspecified | Repo | 5.85% |
| Ambuja Cements Ltd | Materials | Equity | 4.13% |
| Tata Steel Ltd | Materials | Equity | 3.03% |
| JSW Steel Ltd | Materials | Equity | 2.94% |
| UPL Ltd | Materials | Equity | 2.91% |
| Canara Bank | Financial | Equity | 2.83% |
| Bharti Airtel Ltd | Technology | Equity | 2.76% |
Fund management
NI
Nilesh Jethani
Since 2025 · Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
Mr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- None
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.