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HybridArbitrage FundDirect · Growth

BANK OF INDIA Arbitrage Fund Direct Plan Growth

Bank of India · Scheme 143614

15.38 0.14%NAV · 2026-09-18
48
Average FundScore
Start SIP
AUM
₹136 cr
Expense ratio
2.31%
3Y CAGR
6.8%
Risk level
Low
Min SIP
₹1,000
Benchmark
Nifty 50 Arbitrage Index
Fund manager: Ajay KhandelwalExit load: Exit load of 0.50%, if redeemed within 15 days.
Average · 48/100

Middle-of-the-pack — compare it against better-scored peers.

🎯 A middle-ground option — some growth with a cushion, good for moderate risk appetite.

📈 Why it could do well

  • Protects capital well — worst-ever fall was only 1%.
  • Low volatility (1% a year) — a steady, low-drama ride.
  • Positive 3Y windows: 100% of rolling 3Y windows positive
  • Return stability: rolling-return std 1.3%

📉 What could drag it down

  • Weak risk-adjusted returns (Sharpe -1.08) — took on risk without enough payoff.
  • Pricey — 2.31% expense ratio quietly eats into long-term returns.
  • 3Y CAGR: +6.8%
  • 5Y CAGR: +5.8%

FundScore breakdown

48/100 · Average
How it works →
26
Returns
Weak
66
Consistency
Decent
25
Risk-adjusted
Weak
100
Downside protection
Excellent
32
Cost efficiency
Weak
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.