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

Kotak Equity Arbitrage Direct IDCW Fortnightly

Hybrid
Arbitrage
Low Risk
Payout
5.43%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Sep 2021₹23.51
Min. SIP amountNA
Rating4star
Fund size₹24,999.78 Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.6%5.4%5.9%7.1%
Category average3.3%4.7%5.2%NA
Rank with in category285NA
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Holdings (139)

NameSectorInstrumentAssets
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund14.9%
Kotak Money Market Fund Direct-Growth
FinancialMutual Fund9.8%
MetalsEquity2.8%
ServicesEquity2.1%
CommunicationEquity2.0%
TechnologyEquity1.9%
FinancialEquity1.6%
MetalsEquity1.5%
FMCGEquity1.4%
ServicesEquity1.4%
See All

Pros and cons

info
Category: Hybrid Arbitrage
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 1.97 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage TRI - in the last 3Y
Lower expense ratio: 0.44%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Higher AUM: 24999Cr. 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 termsinfo
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Deepak Gupta
Jan 2013 - Present
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Hiten Shah
Oct 2019 - Present
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Rukun Tarachandani
May 2019 - Present
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Fund house & investment objective

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Fund house contact details

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