| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.01% |
| NAV | ₹23.02 (25 Sep 2020) |
|---|---|
| Fund Started | 21 Dec 2016 |
| Fund Size | ₹15,000 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Kotak Liquid - Plan A - Direct Plan-Growth | Financial | Mutual Fund | 9.2% |
| Axis Bank Ltd. | Financial | Term Deposits | 8.6% |
| HDFC Bank Ltd. | Financial | Term Deposits | 7.8% |
| Reliance Industries Ltd. | Energy | Equity | 5.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.0% |
| Infosys Ltd. | Technology | Equity | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| ICICI Bank Ltd. | Financial | Equity | 2.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.2% |
Kotak Equity Arbitrage Regular Dividend Fortnightly is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 21 Dec 2016. Deepak Gupta is the Current Fund Manager of Kotak Equity Arbitrage Regular Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹15,000 Cr and the Latest NAV as of 25 Sep 2020 is ₹23.02.
The Kotak Equity Arbitrage Regular Dividend Fortnightly 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.