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Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Equity Arbitrage Fund Direct IDCW Bimonthly

Kotak Equity Arbitrage Fund Direct IDCW Bimonthly

Hybrid
Arbitrage
Low Risk
Payout
5.31%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Sep 2021₹20.27
Min. SIP amount₹500
Rating4
Fund size₹24,999.78Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.7%5.3%5.9%7.0%
Category average3.3%4.7%5.2%NA
Rank with in category576NA
Understand terms

Holdings (141)

NameSectorInstrumentAssets
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund15.0%
Kotak Money Market Fund Direct-Growth
FinancialMutual Fund10.0%
EnergyEquity3.6%
MetalsEquity2.2%
TechnologyEquity2.1%
ServicesEquity1.9%
CommunicationEquity1.9%
FMCGEquity1.7%
FinancialEquity1.6%
ServicesEquity1.6%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 2.0 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage TRI - in the last 3Y
Lower expense ratio: 0.43%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Higher AUM: 24641Cr. Funds with a higher AUM tend to have lower returns in the future

Expense ratio, exit load and tax

Expense ratio: 0.44%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 30 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Hiten Shah
Oct 2019 - Present
View details

Fund house & investment objective

Fund house contact details

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