How to Invest in Kotak Equity Arbitrage Direct IDCW Fortnightly?

You can easily invest in Kotak Equity Arbitrage Direct IDCW Fortnightly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Kotak Equity Arbitrage Direct IDCW Fortnightly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Kotak Equity Arbitrage Direct IDCW Fortnightly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Equity Arbitrage Direct IDCW Fortnightly provide?

The Kotak Equity Arbitrage Direct IDCW Fortnightly has been there from 21 Dec 2016 and the average annual returns provided by this fund is 5.84% since its inception.

How much expense ratio is charged by Kotak Equity Arbitrage Direct IDCW Fortnightly?

The term Expense Ratio used for Kotak Equity Arbitrage Direct IDCW Fortnightly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Kotak Equity Arbitrage Direct IDCW Fortnightly is 0.44% as of 23 Mar 2023...

What is the AUM of Kotak Equity Arbitrage Direct IDCW Fortnightly?

The AUM, short for Assets Under Management of Kotak Equity Arbitrage Direct IDCW Fortnightly is ₹24,999.78Cr as of 23 Mar 2023.

How to Redeem Kotak Equity Arbitrage Direct IDCW Fortnightly?

If you want to sell your Kotak Equity Arbitrage Direct IDCW Fortnightly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Equity Arbitrage Direct IDCW Fortnightly?

You can select either SIP or Lumpsum investment of Kotak Equity Arbitrage Direct IDCW Fortnightly based on your investment objective and risk tolerance.

What is the NAV of Kotak Equity Arbitrage Direct IDCW Fortnightly?

The NAV of Kotak Equity Arbitrage Direct IDCW Fortnightly is ₹23.51 as of 17 Sep 2021.

What is the PE and PB ratio of Kotak Equity Arbitrage Direct IDCW Fortnightly?

The PE ratio ratio of Kotak Equity Arbitrage Direct IDCW Fortnightly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Kotak Equity Arbitrage Direct IDCW Fortnightly - NAV, Mutual Fund Performance & Portfolio

Kotak Equity Arbitrage Direct IDCW Fortnightly
Hybrid
Arbitrage
Low Risk
Payout
4.92%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 17 Sep 2021₹23.51
Min. SIP amountNot Supported
Rating4
Fund size₹24,999.78Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.8%4.9%5.6%6.9%
Category average4.7%3.8%4.6%NA
Rank with in category244NA
Understand terms
Holdings (136)NameSectorInstrumentAssets
Kotak Money Market Fund Direct-Growth
FinancialMutual Fund13.1%
Kotak Savings Fund Direct-Growth
FinancialMutual Fund6.2%
Housing Development Finance Corporation Ltd.FinancialEquity3.2%
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund3.1%
HDFC Bank Ltd.FinancialEquity2.6%
ICICI Bank Ltd.FinancialEquity2.5%
Kotak Mahindra Bank Ltd.FinancialEquity2.1%
Reliance Industries Ltd.EnergyEquity2.0%
Indusind Bank Ltd.FinancialEquity1.8%
Axis Bank Ltd.FinancialEquity1.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.43%
31 Jan 2023 - 28 Feb 2023
0.43%
31 Dec 2022 - 31 Jan 2023
0.43%
31 Dec 2022 - 31 Dec 2022
0.43%
31 Dec 2022 - 31 Dec 2022
0.43%
30 Nov 2022 - 31 Dec 2022
0.43%
30 Nov 2022 - 30 Nov 2022
0.43%
30 Nov 2022 - 30 Nov 2022
0.43%
31 Oct 2022 - 30 Nov 2022
0.43%
31 Oct 2022 - 31 Oct 2022
0.43%
31 Oct 2022 - 31 Oct 2022
0.43%
31 Oct 2022 - 31 Oct 2022
0.43%
30 Sep 2022 - 31 Oct 2022
0.43%
30 Sep 2022 - 30 Sep 2022
0.43%
30 Sep 2022 - 30 Sep 2022
0.43%
31 Aug 2022 - 30 Sep 2022
0.44%
31 Aug 2022 - 31 Aug 2022
0.44%
31 Jul 2022 - 31 Aug 2022
0.44%
31 Jul 2022 - 31 Jul 2022
0.44%
30 Jun 2022 - 31 Jul 2022
0.44%
30 Jun 2022 - 30 Jun 2022
0.44%
31 May 2022 - 30 Jun 2022
0.43%
31 May 2022 - 31 May 2022
0.43%
30 Apr 2022 - 31 May 2022
0.43%
30 Apr 2022 - 30 Apr 2022
0.43%
31 Mar 2022 - 30 Apr 2022
0.41%
31 Mar 2022 - 31 Mar 2022
0.41%
28 Feb 2022 - 31 Mar 2022
0.41%
28 Feb 2022 - 28 Feb 2022
0.41%
31 Jan 2022 - 28 Feb 2022
0.43%
31 Jan 2022 - 31 Jan 2022
0.43%
31 Dec 2021 - 31 Jan 2022
0.43%
30 Nov 2021 - 31 Dec 2021
0.43%
31 Oct 2021 - 30 Nov 2021
0.43%
30 Sep 2021 - 31 Oct 2021
0.44%
31 Aug 2021 - 30 Sep 2021
0.44%
31 Jul 2021 - 31 Aug 2021
0.44%
30 Jun 2021 - 31 Jul 2021
0.44%
31 May 2021 - 30 Jun 2021
0.44%
30 Apr 2021 - 31 May 2021
0.44%
31 Mar 2021 - 30 Apr 2021
0.41%
28 Feb 2021 - 31 Mar 2021
0.41%
31 Jan 2021 - 28 Feb 2021
0.41%
31 Dec 2020 - 31 Jan 2021
0.44%
30 Nov 2020 - 31 Dec 2020
0.45%
31 Oct 2020 - 30 Nov 2020
0.45%
30 Sep 2020 - 31 Oct 2020
0.45%
31 Aug 2020 - 30 Sep 2020
0.45%
31 Jul 2020 - 31 Aug 2020
0.45%
30 Jun 2020 - 31 Jul 2020
0.45%
31 May 2020 - 30 Jun 2020
0.44%
30 Apr 2020 - 31 May 2020
0.44%
31 Mar 2020 - 30 Apr 2020
0.44%
29 Feb 2020 - 31 Mar 2020
0.44%
31 Jan 2020 - 29 Feb 2020
0.44%
31 Dec 2019 - 31 Jan 2020
0.44%
30 Nov 2019 - 31 Dec 2019
0.45%
31 Oct 2019 - 30 Nov 2019
0.45%
30 Sep 2019 - 31 Oct 2019
0.46%
31 Aug 2019 - 30 Sep 2019
0.49%
31 Jul 2019 - 31 Aug 2019
0.49%
30 Jun 2019 - 31 Jul 2019
0.49%
31 May 2019 - 30 Jun 2019
0.49%
30 Apr 2019 - 31 May 2019
0.49%
31 Mar 2019 - 30 Apr 2019
0.49%
28 Feb 2019 - 31 Mar 2019
0.49%
31 Jan 2019 - 28 Feb 2019
0.49%
31 Dec 2018 - 31 Jan 2019
0.44%
30 Nov 2018 - 31 Dec 2018
0.44%
31 Oct 2018 - 30 Nov 2018
0.44%
30 Sep 2018 - 31 Oct 2018
0.44%
31 Aug 2018 - 30 Sep 2018
0.47%
31 Jul 2018 - 31 Aug 2018
0.47%
30 Jun 2018 - 31 Jul 2018
0.47%
31 May 2018 - 30 Jun 2018
0.43%
30 Apr 2018 - 31 May 2018
0.43%
31 Mar 2018 - 30 Apr 2018
0.43%
28 Feb 2018 - 31 Mar 2018
0.44%
31 Jan 2018 - 28 Feb 2018
0.43%
31 Dec 2017 - 31 Jan 2018
0.44%
30 Nov 2017 - 31 Dec 2017
0.41%
31 Oct 2017 - 30 Nov 2017
0.44%
Expense ratio, exit load and taxExpense ratio: 0.44%Inclusive of GST
Exit loadExit load of 0.25% if redeemed within 30 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementHiten Shah
Oct 2019 - Present
View details
Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
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.
Also manages these schemes
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Kotak Equity Savings Fund Regular Growth
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Kotak Equity Savings Fund Regular IDCW Monthly
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Kotak Equity Arbitrage Fund Regular IDCW Bimonthly
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Edelweiss Europe Dynamic Equity Offshore Fund Regular Growth
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Edelweiss Equity Savings Fund Direct Bonus
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Kotak Equity Arbitrage Direct IDCW Fortnightly
Kotak Equity Arbitrage Regular IDCW Fortnightly
Edelweiss Arbitrage Fund Regular IDCW Monthly
Edelweiss Arbitrage Fund Direct IDCW Monthly
Edelweiss Equity Savings Fund Direct IDCW Monthly
Edelweiss Equity Savings Fund Regular IDCW Monthly
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
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Kotak Balanced Advantage Fund Regular IDCW
Fund house & investment objective
Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM₹2,85,392.44Cr
Date of Incorporation05 Aug 1994
 Kotak Equity Arbitrage Direct IDCW Fortnightly is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Deepak Gupta is the Current Fund Manager of Kotak Equity Arbitrage Direct IDCW Fortnightly fund. The fund currently has an Asset Under Management(AUM) of ₹2,85,392 Cr and the Latest NAV as of 17 Sep 2021 is ₹23.51.
The Kotak Equity Arbitrage Direct IDCW Fortnightly is rated Low risk. Minimum SIP Investment is set to ₹500. Exit load of 0.25% if redeemed within 30 days
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
[email protected]
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Kotak Equity Arbitrage Direct IDCW Fortnightly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	5.8%	4.9%	5.6%	6.9%
Category average	4.7%	3.8%	4.6%	NA
Rank with in category	2	4	4	NA

Name	Sector	Instrument	Assets
Kotak Money Market Fund Direct-Growth	Financial	Mutual Fund	13.1%
Kotak Savings Fund Direct-Growth	Financial	Mutual Fund	6.2%
Housing Development Finance Corporation Ltd.	Financial	Equity	3.2%
Kotak Liquid - Plan A - Direct Plan-Growth	Financial	Mutual Fund	3.1%
HDFC Bank Ltd.	Financial	Equity	2.6%
ICICI Bank Ltd.	Financial	Equity	2.5%
Kotak Mahindra Bank Ltd.	Financial	Equity	2.1%
Reliance Industries Ltd.	Energy	Equity	2.0%
Indusind Bank Ltd.	Financial	Equity	1.8%
Axis Bank Ltd.	Financial	Equity	1.8%

Rank (total assets)	#5 in India
Total AUM	₹2,85,392.44Cr

Date of Incorporation	05 Aug 1994

Fund benchmark	NIFTY 50 Arbitrage Total Return Index

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	4
Fund size	₹24,999.78Cr

Kotak Equity Arbitrage Direct IDCW Fortnightly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (136)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.44%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Hiten ShahOct 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Hiten Shah
Oct 2019 - Present
View details