Kotak Equity Arbitrage Fund Direct Growth+0.02%

5
5.21%
1 Year Return
Hybrid
Arbitrage
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.45%
NAV29.59 (17 Sep 2020)
Fund Started01 Jan 2013
Fund Size15,000 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Equity Arbitrage Fund Direct Growth
5.2%
6.3%
6.5%
7.5%
Category Average
4.3%
5.4%
5.8%
-
Rank within category
11
9
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Lower expense ratio - 0.44%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount

    Top Holdings

    NameSectorInstrument% Assets
    Kotak Liquid - Plan A - Direct Plan-GrowthFinancialMutual Fund9.2%
    Axis Bank Ltd.FinancialTerm Deposits8.6%
    HDFC Bank Ltd.FinancialTerm Deposits7.8%
    Reliance Industries Ltd.EnergyEquity5.3%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.0%
    Infosys Ltd.TechnologyEquity3.3%
    Bharti Airtel Ltd.CommunicationEquity3.0%
    ICICI Bank Ltd.FinancialEquity2.7%
    Hindustan Unilever Ltd.FMCGEquity2.4%
    Tata Consultancy Services Ltd.TechnologyEquity2.2%
    See All

    Fund Managers

    addDeepak Gupta
    Education
    Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
    Experience
    He has been associated with Kotak AMC since 2007.
    Funds Managed
    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed

    Kotak Equity Arbitrage Fund Direct Growth Details

    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 ₹15,000 Cr and the Latest NAV as of 17 Sep 2020 is ₹29.59.

    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

    Investment Objective

    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.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.25% if redeemed within 30 days
    Exit Load

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    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    23 Jun 1998
    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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