Kotak Equity Arbitrage Regular Dividend Fortnightly-0.05%

4Groww
6.15%
1 Year Return
Hybrid
Arbitrage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Arbitrage Regular Dividend Fortnightly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio1.00%
NAV23.07 (22 Oct 2019)
Fund Started21 Dec 2016
Fund Size15,972 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Equity Arbitrage Regular Dividend Fortnightly
6.2%
6.2%
6.6%
7.4%
Category Average
6.9%
NA
NA
-
Rank within category
8
2
3
-
*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 6.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 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
    Siemens Ltd.EngineeringFutures-0.0%
    National Aluminium Co. Ltd.MetalsFutures-0.0%
    MRF Ltd.AutomobileFutures-0.0%
    The Ramco Cements Ltd.ConstructionFutures-0.0%
    MindTree Ltd.TechnologyFutures-0.0%
    Ujjivan Financial Services Ltd.FinancialFutures-0.1%
    Balkrishna Industries Ltd.AutomobileFutures-0.1%
    Yes Bank Ltd.FinancialFutures-0.2%
    Cipla Ltd.HealthcareFutures-0.4%
    Indian Oil Corpn. Ltd.EnergyFutures-0.6%
    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

    Other Details

    Kotak Equity Arbitrage Regular Dividend Fortnightly is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 21 Dec 2016. Deepak Gupta is the Current Fund Manager of Kotak Equity Arbitrage Regular Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹15,972 Cr and the Latest NAV as of 22 Oct 2019 is ₹23.07.

    The Kotak Equity Arbitrage Regular Dividend Fortnightly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 30 days.

    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)

    ₹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
    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
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