Bank Of India Arbitrage Fund- Regular Plan - Growth

Bank Of India Arbitrage Fund- Regular Plan - Growth is a scheme launched by Bank of India Mutual Fund on June 18, 2018, and falls under the Arbitrage Funds fund category. It currently manages an AUM of Rs 42.15 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.92% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Bank Of India Arbitrage Fund- Regular Plan - Growth trailing returns over different times are 6.1% (1 year), 6.26% (3 year) and 4.63% (5 year). The average annual return of this fund stands at 4.15%.