3 Year return

5.09%
Launched on May 2018 (6 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

Low Risk

Your principal will be at

Low Risk

Scheme Information

Asset Under Management

₹31.24 Cr.

Expense Ratio

0.24% (inclusive of GST)

Exit Load

For Redemption/switch out - of up to 10% of the initial units allotted - within 30 days from the date allotment - Nil 0.50% - If the units are swiched out within 30 days from the date of allotment of units Nil - If the units are redeemed/switched out after 30 days from the date of allotment of units.

Ratings

ARQ Rating
1

Ratings by other agencies

1
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Bank of India Mutual Fund Managers

AS

Alok Singh

Fund Manager since Feb 2024

View Details

Fund House Details

Bank of India Mutual Fund

Bank of India Mutual Fund Asset management company

AUM ₹6,554.91 Cr.
No. of Schemes 62
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Bank of India Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return 4.62%
Expense Ratio 0.24%
Fund Manager Alok Singh
Fund Size ₹31.24 Cr
Risk Profile Low

AMC Contact Details

Name Bank of India Mutual Fund
Launch Date March 2008
Addresss Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013.
Contact 022-612490001800 - 266 - 2676 1800 - 103 – 226391-22-61249024
Email service@boimf.in
Website https://www.boimf.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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Use our SIP calculator to compare SIPs across different mutual funds. Moreover, by comparing the different expected rates of returns, you can compare the returns on the same amount for different SIPs. Open our SIP calculator to estimate returns and get started on your investment journey today!

FAQs

What is today's NAV of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout Jun 12 2024 is 12.7341

What is the AUM of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout is 31.24 crore.

What is the expense ratio of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout is 0.24%

What are the returns of Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout since inception?

The Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout was launched on May 31 2018. The fund has delivered a CAGR of 4.89 since inception.

What is the minimum SIP amount to invest in Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout is 1000.

How do I invest in Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India Arbitrage Fund Direct Plan Quarterly IDCW Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.