Name: Kotak Equity Arbitrage Direct IDCW Fortnightly
Brand: Kotak Mahindra Mutual Fund

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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
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 returns4.6%5.4%5.9%7.1%
Category average3.3%4.7%5.2%NA
Rank with in category285NA
Understand termsinfo
Holdings (139)NameSectorInstrumentAssets
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund14.9%
Kotak Money Market Fund Direct-Growth
FinancialMutual Fund9.8%
Tata Steel Ltd.
MetalsEquity2.8%
Adani Ports and Special Economic Zone Ltd.
ServicesEquity2.1%
Bharti Airtel Ltd.
CommunicationEquity2.0%
Tata Consultancy Services Ltd.
TechnologyEquity1.9%
ICICI Bank Ltd.
FinancialEquity1.6%
JSW Steel Ltd.
MetalsEquity1.5%
ITC Ltd.
FMCGEquity1.4%
Adani Enterprises Ltd.
ServicesEquity1.4%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Hybrid Arbitrage
thumb_up_altPros
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
thumb_down_altCons
Higher AUM: 24999Cr.
Funds with a higher AUM tend to have lower returns in the future
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
30 Sep 2021 - Present
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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementDeepak Gupta
Jan 2013 - Present
View details
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Education
Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
Experience
He has been associated with Kotak AMC since 2007.
Also manages these schemes
Kotak Asset Allocator Fund Regular IDCW
Kotak Asset Allocator Fund Regular Growth
Kotak India EQ Contra Fund Regular IDCW
Kotak India EQ Contra Fund Regular Growth
Kotak Equity Arbitrage Fund Regular IDCW Monthly
Kotak Equity Arbitrage Fund Regular Growth
Kotak Global Emerging Market Fund Regular Growth
Kotak Global Emerging Market Fund Regular IDCW
Kotak PSU Bank Exchange Traded Fund
Kotak Sensex Exchange Traded Fund
Kotak Nifty ETF IDCW
Kotak India EQ Contra Fund Direct IDCW
Kotak India EQ Contra Fund Direct Growth
Kotak Equity Arbitrage Fund Direct IDCW Monthly
Kotak Equity Arbitrage Fund Direct Growth
Kotak Asset Allocator Fund Direct IDCW
Kotak Asset Allocator Fund Direct Growth
Kotak Global Emerging Market Fund Direct IDCW
Kotak Global Emerging Market Fund Direct Growth
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Equity Arbitrage Fund Direct IDCW Bimonthly
Kotak Equity Arbitrage Fund Regular IDCW Bimonthly
Kotak Banking ETF IDCW
Kotak World Gold Fund Standard IDCW
Kotak World Gold Fund Standard Growth
Kotak World Gold Fund Direct Growth
Kotak World Gold Fund Direct IDCW
Kotak US Equity Fund Standard IDCW
Kotak US Equity Fund Standard Direct Growth
Kotak US Equity Fund Standard Direct IDCW
Kotak US Equity Fund Standard Growth
Kotak Capital Protection Oriented Scheme Series I Regular Growth
Kotak NV 20 ETF IDCW
Kotak Capital Protection Oriented Scheme Series 2 Regular Growth
Kotak Capital Protection Oriented Scheme Series 4 Regular Growth
Kotak Capital Protection Oriented Scheme Series 4 Direct Growth
Kotak Equity Arbitrage Direct IDCW Fortnightly
Kotak Equity Arbitrage Regular IDCW Fortnightly
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Hiten Shah
Oct 2019 - Present
View details
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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
Kotak Equity Arbitrage Fund Regular IDCW Monthly
Kotak Equity Arbitrage Fund Regular Growth
Kotak Equity Arbitrage Fund Direct IDCW Monthly
Kotak Equity Arbitrage Fund Direct Growth
Edelweiss Arbitrage Fund Regular Growth
Edelweiss Arbitrage Fund Direct Growth
Edelweiss Arbitrage Fund Regular IDCW
Edelweiss Arbitrage Fund Regular Bonus
Edelweiss Arbitrage Fund Direct IDCW
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Equity Arbitrage Fund Direct IDCW Bimonthly
Kotak Equity Arbitrage Fund Regular IDCW Bimonthly
Edelweiss Nifty 50 Index Fund
Edelweiss Exchange Traded Fund Nifty Bank
Edelweiss Nifty 100 Quality 30 Index Fund Regular Growth
Edelweiss Greater China Equity Off shore Fund Regular Growth
Edelweiss Greater China Equity Off shore Fund Direct Growth
Edelweiss ASEAN Equity Off Shore Fund Regular Growth
Edelweiss ASEAN Equity Off Shore Fund Direct Growth
Edelweiss US Value Equity Offshore Fund Regular Growth
Edelweiss US Value Equity Offshore Fund Direct Growth
Edelweiss Europe Dynamic Equity Offshore Fund Regular Growth
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Regular Growth
Edelweiss Equity Savings Fund Direct Growth
Edelweiss Equity Savings Fund Direct IDCW
Edelweiss Equity Savings Fund Regular IDCW
Edelweiss Equity Savings Fund Direct Bonus
Edelweiss Equity Savings Fund Regular Growth
Edelweiss Equity Savings Fund Regular Bonus
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
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Rukun Tarachandani
May 2019 - Present
View details
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Education
Mr. Tarachandani has done B Tech (Information Technology) and PGPM (Finance)
Experience
Prior to joining Kotak Mutual fund he has worked with Goldman Sachs, Unnati Investment Management & Research Group.
Also manages these schemes
Kotak Equity Arbitrage Fund Regular IDCW Monthly
Kotak Equity Arbitrage Fund Regular Growth
Kotak Equity Arbitrage Fund Direct IDCW Monthly
Kotak Equity Arbitrage Fund Direct Growth
Kotak Equity Arbitrage Fund Direct IDCW Bimonthly
Kotak Equity Arbitrage Fund Regular IDCW Bimonthly
Kotak Equity Arbitrage Direct IDCW Fortnightly
Kotak Equity Arbitrage Regular IDCW Fortnightly
Fund house & investment objective
keyboard_arrow_down
Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM2,32,434.26 Cr
Date of Incorporation23 Jun 1998
Kotak Equity Arbitrage Direct IDCW Fortnightly is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available t
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 23 Jun 1998. 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 ₹2,32,434 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...Read more
Investment Objective
The scheme aims to generate income through arbitrage opportunities emerging out of pricing anomaly between the spot & futures market; and also through
The 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.
...Read more
Fund benchmarkNIFTY 50 Arbitrage TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
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
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	1Y	3Y	5Y	All
Fund returns	4.6%	5.4%	5.9%	7.1%
Category average	3.3%	4.7%	5.2%	NA
Rank with in category	2	8	5	NA

Name	Sector	Instrument	Assets
Kotak Liquid - Plan A - Direct Plan-Growth	Financial	Mutual Fund	14.9%
Kotak Money Market Fund Direct-Growth	Financial	Mutual Fund	9.8%
Tata Steel Ltd.	Metals	Equity	2.8%
Adani Ports and Special Economic Zone Ltd.	Services	Equity	2.1%
Bharti Airtel Ltd.	Communication	Equity	2.0%
Tata Consultancy Services Ltd.	Technology	Equity	1.9%
ICICI Bank Ltd.	Financial	Equity	1.6%
JSW Steel Ltd.	Metals	Equity	1.5%
ITC Ltd.	FMCG	Equity	1.4%
Adani Enterprises Ltd.	Services	Equity	1.4%

Rating	4
Fund size	₹24,999.78 Cr