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Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis

Kotak Equity Arbitrage Fund Direct Growth

Hybrid
Arbitrage
4.0

Nippon India Arbitrage Fund Direct Growth

Hybrid
Arbitrage
4.0

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Kotak Equity Arbitrage Fund Direct Growth

(8.8%)

Nippon India Arbitrage Fund Direct Growth

(8.6%)
1Y
3Y
5Y
Fund Details
RiskLowLow-
Min SIP Amount₹100₹100-
Expense Ratio0.43%0.37%-
NAV₹37.4 (19-Jul-2024)₹26.8 (19-Jul-2024)-
Fund Started31-Dec-201231-Dec-2012-
Fund Size₹48,000Cr₹15,072Cr-
Exit LoadExit load of 0.25% if redeemed within 30 daysExit load of 0.25% if redeemed within 1 month-
Returns
1Y
8.8%
8.6%
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3Y
6.7%
6.5%
-
5Y
6.1%
6.0%
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Pros & Cons
Pros
1.Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
2.Higher alpha: 2.8 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
3.Lower expense ratio: 0.43%
4.Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
5.Consistently top ranked fund
1.Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
2.Higher alpha: 2.67 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
3.Lower expense ratio: 0.37%
4.Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons
Found nothing so far.
Found nothing so far.
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Holding Analysis

Top 5
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Top 20
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P/E
-
-
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P/B
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Turnover
-
-
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Equity
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Cash
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Top Holdings

Top 10 Holdings
Name
Assets
Kotak Money Market Fund Direct-Growth
8.2%
HDFC Bank Ltd.
6.5%
Kotak Liquid - Plan A - Direct Plan-Growth
3.9%
Kotak Savings Fund Direct-Growth
2.7%
ICICI Bank Ltd.
2.6%
Reliance Industries Ltd.
2.4%
Tata Motors Ltd.
2.0%
Axis Bank Ltd.
1.9%
Adani Enterprises Ltd.
1.8%
Hindustan Aeronautics Ltd.
1.7%
Name
Assets
Nippon India Money Market Fund Direct-Growth
9.9%
Nippon India Liquid Fund Direct-Growth
8.5%
HDFC Bank Ltd.
6.0%
Vodafone Idea Ltd.
3.9%
Hindustan Aeronautics Ltd.
3.0%
Vedanta Ltd.
2.5%
Adani Enterprises Ltd.
2.5%
Bank Of Baroda
2.4%
Punjab National Bank
2.0%
Kotak Mahindra Bank Ltd.
1.8%
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Fund Manager
Name
Hiten Shah
Anju Chhajer
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Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
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Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
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About Fund
Description

Kotak Mahindra Mutual Fund started their mutual fund on 23/06/1998 and its managing total assets of ₹1,10,832 Cr. Its ranked at 7 as per total assets at end of 30th Sep 2017.

Reliance Mutual Fund started their mutual fund on 30/06/1995 and its managing total assets of ₹2,32,169 Cr. Its ranked at 3 as per total assets at end of 30th Sep 2017.

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Launch Date

05 Aug 1994

30 Jun 1995

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Custodian

Stock Holding Corp. of India Ltd.

Deutsche Bank

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Registrar & Transfer Agent

Cams

KFin Tech

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