1M
6M
1Y
3Y
5Y
All
| NAV: 22 Oct 2024 | ₹13.74 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹34.52Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.5% | 5.7% | 4.8% | 5.1% |
| Category average | 7.2% | 5.9% | 5.1% | NA |
| Rank with in category | 24 | 24 | 22 | NA |
Understand terms
Holdings (71)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 18.77% |
Indian Oil Corporation Ltd. | Energy | Equity | 4.58% |
Canara Bank | Financial | Equity | 4.57% |
HDFC Bank Ltd. | Financial | Equity | 4.42% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 4.23% |
Bank Of Baroda | Financial | Equity | 4.20% |
Adani Enterprises Ltd. | Services | Equity | 4.09% |
Indus Towers Ltd. | Communication | Equity | 3.87% |
Reliance Industries Ltd. | Energy | Equity | 2.99% |
Ultratech Cement Ltd. | Construction | Equity | 2.74% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.28%
Higher alpha: 1.71
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
3Y and 5Y annualised returns lower than category average
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Exit load of 0.50% if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Firdaus Marazban RaginaOct 2024 - PresentView details
Firdaus Marazban Ragina
Oct 2024 - Present
View details
Education
Mr. Ragina has a B.Com degree
Experience
Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
Bank of India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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