Kotak Equity Arbitrage Fund Direct Dividend Monthly+0.05%

4Groww
7.15%
1 Year Return
Hybrid
Arbitrage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Arbitrage Fund Direct Dividend Monthly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.49%
NAV11.07 (19 Sep 2019)
Fund Started01 Jan 2013
Fund Size15,629 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Equity Arbitrage Fund Direct Dividend Monthly
7.2%
6.8%
7.2%
7.8%
Category Average
8.7%
NA
NA
-
Rank within category
9
6
3
-
*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
    30
    with 7.2% 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
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Kotak Liquid - Plan A - Direct Plan-GrowthFinancialMutual Fund11.9%
    HDFC Bank Ltd.FinancialTerm Deposits11.2%
    Reliance Industries Ltd.EnergyEquity4.7%
    Kotak Money Market Scheme Direct-GrowthFinancialMutual Fund4.5%
    Housing Development Finance Corpn. Ltd.FinancialCP3.0%
    HDFC Bank Ltd.FinancialEquity2.8%
    ITC Ltd.FMCGEquity2.4%
    Housing Development Finance Corpn. Ltd.FinancialNCD2.1%
    State Bank of IndiaFinancialEquity2.1%
    Tata Consultancy Services Ltd.TechnologyEquity2.0%
    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

    Other Details

    Kotak Equity Arbitrage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Deepak Gupta is the Current Fund Manager of Kotak Equity Arbitrage Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹15,629 Cr and the Latest NAV as of 19 Sep 2019 is ₹11.07.

    The Kotak Equity Arbitrage Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 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
    22 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,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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