Kotak Equity Arbitrage Direct IDCW Fortnightly

Hybrid
Arbitrage
Low Risk
Payout
6.30%
3Y annualised
+0.09% 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 (%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.6%6.3%6.0%7.0%
Category average7.5%5.2%5.0%NA
Rank with in category124NA
Understand terms

Holdings (343)

NameSectorInstrumentAssets
Kotak Liquid - Plan A - Direct Plan-Growth
NAMutual Fund10.62%
Kotak Money Market Fund Direct-Growth
NAMutual Fund9.22%
FinancialEquity7.32%
Kotak Savings Fund Direct-Growth
NAMutual Fund4.39%
EnergyEquity3.55%
ServicesEquity2.36%
FinancialEquity2.27%
FinancialEquity2.04%
FinancialEquity1.83%
HDFC Bank Ltd.
FinancialCD1.76%
See All

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 terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Hiten 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

Fund house & investment objective

Fund house contact details

Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
NA
Website
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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