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Kotak Equity Arbitrage Fund Direct IDCW Bimonthly+0.04%

4.10%
1 Year Return
Hybrid
Arbitrage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Arbitrage Fund Direct IDCW Bimonthly

RiskLow
Min SIP Amount₹500
Expense Ratio0.41%
NAV₹20.29 (07 May 2021)
Fund Started05 Nov 2014
Fund Size17,835 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.1%
5.9%
6.2%
7.3%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
4
5
5
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.1% returns per annum

Comparison

Data not available
Pros
1. Age is more than 5 years
2. Lower expense ratio - 0.41%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
Kotak Liquid - Plan A - Direct Plan-GrowthFinancialMutual Fund18.2%
Kotak Money Market Fund Direct-GrowthFinancialMutual Fund6.1%
Bharti Airtel Ltd.CommunicationEquity3.2%
Adani Ports and Special Economic Zone Ltd.ServicesEquity2.8%
ICICI Bank Ltd.FinancialEquity2.8%
Infosys Ltd.TechnologyEquity1.9%
Sun Pharmaceutical Inds. Ltd.HealthcareEquity1.8%
Grasim Industries Ltd.ConstructionEquity1.8%
State Bank of IndiaFinancialEquity1.6%
Tata Consultancy Services Ltd.TechnologyEquity1.6%
See All

Fund Managers

Deepak Gupta
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Hiten Shah
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Rukun Tarachandani
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Kotak Equity Arbitrage Fund Direct IDCW Bimonthly Details

Kotak Equity Arbitrage Fund Direct IDCW Bimonthly is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Nov 2014. Deepak Gupta is the Current Fund Manager of Kotak Equity Arbitrage Fund Direct IDCW Bimonthly fund.The fund currently has an Asset Under Management(AUM) of ₹17,835 Cr and the Latest NAV as of 07 May 2021 is ₹20.29.

The Kotak Equity Arbitrage Fund Direct IDCW Bimonthly is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 30 days

Investment Objective

The scheme aims to generate income through arbitrage opportunities emerging out of pricing anomaly between the spot & futures market; and also through deployment of surplus cash in fixed income instruments.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25% if redeemed within 30 days
Exit Load

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About Kotak Mahindra Mutual Fund

Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
Website
NA
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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