Should I invest in BANK OF INDIA Arbitrage Fund Direct Plan Growth?

We don't give personal investment advice. BANK OF INDIA Arbitrage Fund Direct Plan Growth is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 5.64%.

Bank of India

BANK OF INDIA Arbitrage Fund Direct Plan Growth

Latest NAV

₹15.1676

As of

3 Jun 2026

1,956 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.10%	-0.07%	+0.17	3 / 38	Q1
1W	+0.05%	-0.01%	+0.06	6 / 38	Q1
2W	+0.02%	-0.06%	+0.08	7 / 38	Q1
1M	+0.31%	+0.24%	+0.07	7 / 38	Q1
3M	+1.17%	+1.21%	-0.04	26 / 35	Q3
6M	+2.85%	+2.97%	-0.12	30 / 35	Q4
YTD	+2.35%	+2.40%	-0.06	25 / 35	Q3
1Y	+5.91%	+6.22%	-0.31	28 / 31	Q4
2Y	+6.61%	+6.87%	-0.27	24 / 26	Q4
3Y	+6.89%	+7.31%	-0.42	23 / 24	Q4
4Y	+6.42%	+6.99%	-0.57	22 / 23	Q4
5Y	+5.64%	+6.40%	-0.76	20 / 20	Q4
7Y	+5.21%	+6.05%	-0.83	17 / 17	Q4
10Y	—	—	—	—	—
Inception	+5.36%	+5.76%	-0.40	30 / 38	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.35%	+2.40%	-0.06	25 / 35
2025	+6.39%	+6.83%	-0.44	27 / 30
2024	+7.61%	+7.96%	-0.35	24 / 26
2023	+6.87%	+7.67%	-0.80	23 / 24
2022	+3.43%	+4.64%	-1.21	20 / 21
2021	+2.86%	+4.15%	-1.29	20 / 20
2020	+3.85%	+4.54%	-0.70	16 / 18
2019	+6.04%	+6.63%	-0.59	14 / 15
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.30%

85 windows

min 2.4% · max 7.7%

100% positive

3-Year rolling

+4.98%

61 windows

min 3.2% · max 7.1%

100% positive

5-Year rolling

+4.96%

37 windows

min 4.5% · max 5.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+5.28%

12 windows

min 5.2% · max 5.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.43%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.31%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Wholesale Growth Option - Direct Plan	HDFC	₹21.3110	3 Jun 2026
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹30.3224	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth	ICICI Prudential	₹38.8587	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Growth Option	Invesco	₹36.5313	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan- Growth	Bandhan	₹37.0601	3 Jun 2026
quant Arbitrage Fund - Growth Option - Direct Plan	Quant	₹10.8385	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹30.2752	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-Growth	Motilal Oswal	₹11.0471	3 Jun 2026
Franklin India Arbitrage Fund - Direct - Growth	Franklin India	₹11.0725	3 Jun 2026
Mirae Asset Arbitrage Fund Direct Growth	Mirae Asset	₹14.2840	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹15.1676
2 Jun 2026	₹15.1527
1 Jun 2026	₹15.1726
29 May 2026	₹15.1276
27 May 2026	₹15.1595
26 May 2026	₹15.1664
25 May 2026	₹15.1679
22 May 2026	₹15.1558
21 May 2026	₹15.1697
20 May 2026	₹15.1647

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of BANK OF INDIA Arbitrage Fund Direct Plan Growth is ₹15.1676. It's a Arbitrage Fund from Bank of India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

BANK OF INDIA Arbitrage Fund Direct Plan Growth has NAV history starting from 20 Jun 2018, a track record of about 7 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

BANK OF INDIA Arbitrage Fund Direct Plan Growth is managed by Bank of India. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, BANK OF INDIA Arbitrage Fund Direct Plan Growth has delivered a absolute return of 5.91% — -0.31 pp behind the Arbitrage Fund category average of 6.22%. The fund ranks #28 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, BANK OF INDIA Arbitrage Fund Direct Plan Growth has delivered a CAGR of 6.89% — -0.42 pp behind the Arbitrage Fund category average of 7.31%. The fund ranks #23 of 24 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, BANK OF INDIA Arbitrage Fund Direct Plan Growth has delivered a CAGR of 5.64% — -0.76 pp behind the Arbitrage Fund category average of 6.40%. The fund ranks #20 of 20 in its category — the bottom (Q4) quartile.

₹1 lakh invested in BANK OF INDIA Arbitrage Fund Direct Plan Growth exactly 5 years ago would be worth approximately ₹131,562 today — a multiplier of 1.32×, based on the 5-year CAGR of 5.64%. The category average over the same window would have grown ₹1 lakh to ₹136,387.

A ₹10,000 monthly SIP in BANK OF INDIA Arbitrage Fund Direct Plan Growth over the last 5 years — total invested ₹600,000 — would be worth ₹704,370 today. That's an XIRR (money-weighted annualised return) of 6.35%.

BANK OF INDIA Arbitrage Fund Direct Plan Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,032,108 — XIRR 5.79%.

On a 5-year basis, BANK OF INDIA Arbitrage Fund Direct Plan Growth ranks #20 out of 20 funds in the Arbitrage Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.40%; this fund delivered 5.64%.

The worst peak-to-trough decline BANK OF INDIA Arbitrage Fund Direct Plan Growth has experienced over the last 5-year window is 0.31% — its NAV fell from a high on 19 May 2026 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, BANK OF INDIA Arbitrage Fund Direct Plan Growth averaged 4.96% (best 5.65%, worst 4.45%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.52 — negative risk-adjusted performance.

In calendar year 2025, BANK OF INDIA Arbitrage Fund Direct Plan Growth returned 6.39% — lagging the Arbitrage Fund category average of 6.83% by 0.44 pp. It ranked #27 of 30 in its category that year.

BANK OF INDIA Arbitrage Fund Direct Plan Growth is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. BANK OF INDIA Arbitrage Fund Direct Plan Growth is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 5.64%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

BANK OF INDIA Arbitrage Fund Direct Plan Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Arbitrage Fund

Recent NAVs

Frequently asked questions

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