Bank of India Arbitrage Fund

Ans. The NAV (net asset value) of Bank of India Arbitrage Fund (direct plan, growth option) is ₹15.6660 as on 11 Nov 2026. Mutual fund NAVs are published once a day, after the market closes.

Ans. Bank of India Arbitrage Fund has delivered 6.89% CAGR over the past 3 years against a category average of 7.20% and returned 6.69% over the past year. It manages ₹123.18 crore (AUM) as on 11 Nov 2026. Its riskometer level is Low. Past returns do not indicate future returns.

Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on hybrid funds: If equity allocation is 65% or above: STCG of 20% is applicable if units are sold within one year of purchase. For units sold after one year of purchase, LTCG of 12.5% is levied on gains above ₹1.25 lakhs in a financial year.
If debt allocation in a hybrid fund is 65% or more, gains are added to income and taxed as per slab rate irrespective of the holding period.

Ans. There is no lock-in period on Bank of India Arbitrage Fund. An exit load applies: Nil for 10% of units and 0.50% for remaining units on or before 30D, Nil after 30D.

Ans. The expense ratio of Bank of India Arbitrage Fund (direct plan) is 2.13% a year. It is deducted from the fund's assets and is already reflected in the NAV.