Arbitrage FundBank of India Investment Managers Private Limited

BANK OF INDIA Arbitrage Fund Direct Plan Growth

Benchmark: Nifty 50 Arbitrage · Riskometer: Low

₹15.3888

NAV (2026-08-31)

₹134 Cr

AUM (2026-08-31)

2.31%

EXPENSE RATIO (DIRECT)

2018-05-31

INCEPTION

CQuality · 50.3/100

?Safety · -/100

BCompound · 73.7/100

Punji Fund Health Score - percentile-within-category. See methodology.

CHART

Rolling CAGR by holding period - min, median, max

Each group is one holding-period length. Full range of outcomes across every overlapping window in the fund's history, not one trailing number.

Min rolling CAGRMedian rolling CAGRMax rolling CAGR

Category RankRisk MetricsHoldingsSimilar FundsPunji Analytics

Metric	Value	Percentile	Category median
3Y Rolling CAGR	4.7%	3.85^th	6.6%

Arbitrage funds target a small, steady spread rather than market returns, so beta and alpha against an equity index describe nothing useful.

CHART

Top sector holdings

Share of portfolio (% to NAV) in each of the top sectors.

Other 29.42%Banks 22%Ferrous Metals 8.44%Diversified FMCG 7%Pharmaceuticals & Biotechnology 5.42%Telecom - Services 4.51%Diversified Metals 4.12%Finance 3.66%Petroleum Products 3.18%Cement & Cement Products 2.61%Auto Components 2.25%Non - Ferrous Metals 2.03%Insurance 1.46%Fertilizers & Agrochemicals 1.09%Electrical Equipment 0.76%Healthcare Services 0.74%Retailing 0.6%Realty 0.4%Gas 0.31%

TOP HOLDINGS

Net Receivables / (Payables) ()75.37%

Bank of India Liquid Fund Direct Plan - Growth ()14.15%

Canara Bank (Banks)4.97%

Vedanta Limited (Diversified Metals)4.12%

ITC Limited (Diversified FMCG)3.89%

Divi's Laboratories Limited (Pharmaceuticals & Biotechnology)3.74%

Bajaj Finance Limited (Finance)3.66%

TREPS ()3.59%

State Bank of India (Banks)3.57%

Punjab National Bank (04/02/2027) ** # ()3.56%

Arbitrage funds all target the same small, steady spread, so behaviour-based matching cannot separate them.