Bank of India Arbitrage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 6.67 | 4.37 | 4.04 | N/A |
Average Rolling Returns(%) | 4.21 | 3.45 | 4.06 | N/A |
The Current NAV of Bank of India Arbitrage Fund - Growth - Direct Plan is ₹13.32.
It is better to invest in a fund with a longer track record as Bank of India Arbitrage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
Bank of India Arbitrage Fund - Growth - Direct Plan fund’s expense ratio is 0.24%
The process for redemption is
The AUM of Bank of India Arbitrage Fund - Growth - Direct Plan is currently ₹29 Crores.
The Top three stocks are Reliance Industries, HDFC Bank and Larsen & Toubro and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 25% and 40% of fund’s portfolio respectively.
Top three sectors of Bank of India Arbitrage Fund - Growth - Direct Plan fund are Miscellaneous, Others and Logistics accounting for 100% of the total portfolio.
Since this is a Hybrid - Arbitrage Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Bank of India Arbitrage Fund - Growth - Direct Plan Fund is Hybrid - Arbitrage Fund.
Alok Singh manages the Bank of India Arbitrage Fund - Growth - Direct Plan Fund.
Bank of India Arbitrage Fund - Growth - Direct Plan current PE ratio is 35.33 and PB ratio is 7.49
The asset allocation of Bank of India Arbitrage Fund - Growth - Direct Plan is Stocks : 0%, Debt : 327.10% and Gold : -227.08%
The minimum SIP amount for Bank of India Arbitrage Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹5000.00
The exit load for Bank of India Arbitrage Fund - Growth - Direct Plan is Nil for 10% of units and 0.50% for remaining units on or before 30 days, Nil after 30 days