Kotak Equity Arbitrage Fund Direct Dividend Bimonthly+0.29%

4
6.73%
1 Year Return
Hybrid
Arbitrage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Arbitrage Fund Direct Dividend Bimonthly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.44%
NAV20.26 (29 May 2020)
Fund Started05 Nov 2014
Fund Size12,043 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Equity Arbitrage Fund Direct Dividend Bimonthly
6.7%
6.9%
6.9%
7.8%
Category Average
5.5%
5.8%
6.1%
-
Rank within category
13
8
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    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
    HDFC Bank Ltd.FinancialTerm Deposits9.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity6.6%
    Reliance Industries Ltd.EnergyEquity6.2%
    Infosys Ltd.TechnologyEquity5.4%
    Bharti Airtel Ltd.CommunicationEquity4.9%
    Tata Consultancy Services Ltd.TechnologyEquity3.6%
    State Bank of IndiaFinancialEquity2.9%
    GOISovereignCGL2.6%
    Kotak Liquid - Plan A - Direct Plan-GrowthFinancialMutual Fund2.1%
    Maruti Suzuki India Ltd.AutomobileEquity1.6%
    See All

    Fund Managers

    addDeepak Gupta
    Education
    Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
    Experience
    He has been associated with Kotak AMC since 2007.
    Funds Managed
    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed

    Kotak Equity Arbitrage Fund Direct Dividend Bimonthly Details

    Kotak Equity Arbitrage Fund Direct Dividend 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 Dividend Bimonthly fund.The fund currently has an Asset Under Management(AUM) of ₹12,043 Cr and the Latest NAV as of 29 May 2020 is ₹20.26.

    The Kotak Equity Arbitrage Fund Direct Dividend Bimonthly is rated Moderately 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 investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market 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
    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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