Kotak Equity Arbitrage Fund Direct Growth - Regular - Latest NAV [ ₹30.8231 ], Returns, Performance, Portfolio & Returns 2021

Kotak Equity Arbitrage Fund Direct Growth

  • highlight
    6.13%
  • highlight
    (-0.01)30.8231

Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.13%
3 Years5.77%
1 Year4.65%
6 Months2.65%
Fund Details
ISININF174K01LC6
RiskLow Risk
Fund TypeArbitrage Fund
NAV30.8231
Exit Load0.25% for 30 Days

More about this fundstar

Top HoldingsWeightage
Cash Offset For Derivatives69.09%
Kotak Liquid Dir Gr16.84%
Triparty Repo8.53%
Kotak Money Market Dir Gr7.54%
Reliance Industries Ltd.-JUL20213.12%
Reliance Industries Ltd Shs Dematerialised3.11%
Bharti Airtel Ltd-JUL20212.93%
Bharti Airtel Ltd2.91%
ICICI Bank Ltd.-JUL20212.75%
ICICI Bank Ltd2.74%

About Kotak Equity Arbitrage Fund

Kotak Equity Arbitrage Fund, an open-ended equity scheme, generates capital appreciation by investing in arbitrage opportunities in the cash and derivatives segment of the equity markets. The remaining assets are invested in debt and money market instruments. The fund enters into simultaneous transactions with a long-term position in cash and off-setting short-term position in futures. In this case, the positions are reversed towards the expiry of the derivatives contract.

Pros and Cons of Kotak Equity Arbitrage Fund

The equity position of the fund is completely hedged at the time of trade initiation. The one-year, three-year, and five-year returns from the fund have been higher than the category-average returns. The age of the fund is more than 5 years.

Fund Information and Statistics

i) Inception/Launch Date

Kotak Equity Arbitrage Fund was launched on 29 September 2005.

ii) Risk Level

The fund includes a risk profile that is moderately low since the fund invests in the arbitrage opportunities in the cash and derivatives segment of the equity market.

iii) Redemption

Though there is no lock-in period for the investment amount, an exit load is applicable if you redeem within 30 days from the date of allotment.

iv) Fund Manager

The current Fund Manager for Kotak Equity Arbitrage Fund is Mr Hiten Shah.

v) Entry/Exit Load

An entry load is not charged when you purchase mutual fund units. However, an exit load of 0.25% is charged if you redeem/switch out fund units within 30 days from the date of allotment. Upon completing 30 days, no exit load is chargeable.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Asset Management Company Limited (KMAMC) was incorporated on 5 August 1994; it started operations in December 1998. While the sponsor for the AMC is Kotak Mahindra Bank Limited, the trustee company is Kotak Mahindra Trustee Corporation Limited. Currently, the AMC offers around 94 different folios to its customers.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Low Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns