Kotak Equity Arbitrage Fund Regular-Dividend Bimonthly+0.06%

5Groww
6.61%
1 Year Return
Hybrid
Arbitrage
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Arbitrage Fund Regular-Dividend Bimonthly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.97%
NAV19.9 (23 Jul 2019)
Fund Started05 Nov 2014
Fund Size13,769 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Equity Arbitrage Fund Regular-Dividend Bimonthly
6.6%
6.3%
6.7%
7.4%
Category Average
8.7%
NA
NA
-
Rank within category
3
2
2
-
*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
    30
    with 6.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    FinancialTerm Deposits15.5%
    Kotak Liquid - Plan A - Direct Plan-GrowthFinancialMutual Fund11.9%
    EnergyEquity6.8%
    FinancialEquity3.4%
    FMCGEquity3.2%
    FMCGEquity2.3%
    ConstructionEquity2.1%
    IDFC First Bank Ltd.FinancialTerm Deposits1.5%
    ChemicalsEquity1.5%
    FinancialEquity1.5%
    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

    Other Details

    Investment Objective

    The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market 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)

    ₹200000
    Min for First Investment
    ₹200000
    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

    Kotak Mahindra Mutual Fund started their mutual fund on 23/06/1998 and its managing total assets of ₹1,10,832 Cr. Its ranked at 7 as per total assets at end of 30th Sep 2017.

    Kotak Group is India's first NBFC. It has about 80 branches that offer mutual fund services. It also has overseas branches in Abu Dhabi, Dubai, London, New York, Texas, California and Singapore.

    Kotak Group has a market capitalization of USD 26.98 Bn and around 46,000+ employees working under it. The asset management company offers various funds across different market capitalization for investors with varying risk appetite and ideal investment duration.

    The vision of Kotak mutual funds is to be an ethical market player in the Indian mutual fund industry and it strives to offer the best products to its investors. Kotak has a legacy of many years and therefore, its brand value helps its products to stand-out in the market. The AMC has garnered over 10 lakh customers, within the span of 12 years.

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    22 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,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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