|Min SIP Amount||₹500|
|NAV||₹29.83 (27 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹15,289 Cr|
|Kotak Liquid - Plan A - Direct Plan-Growth||Financial||Mutual Fund||18.4%|
|Reliance Industries Ltd.||Energy||Equity||4.9%|
|Kotak Money Market Fund Direct-Growth||Financial||Mutual Fund||4.9%|
|ICICI Bank Ltd.||Financial||Equity||3.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.6%|
|HDFC Bank Ltd.||Financial||Term Deposits||3.2%|
|Bharti Airtel Ltd.||Communication||Equity||3.1%|
|Maruti Suzuki India Ltd.||Automobile||Equity||2.4%|
|State Bank of India||Financial||Equity||2.3%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||1.6%|
Kotak Equity Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Deepak Gupta is the Current Fund Manager of Kotak Equity Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹15,289 Cr and the Latest NAV as of 27 Nov 2020 is ₹29.83.
The Kotak Equity Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 30 days
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.
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.