| KOTAK EQUITY ARBITRAGE FUND
An open-ended scheme investing in arbitrage opportunities
| KOTAK EQUITY ARBITRAGE FUND
An open-ended scheme investing in arbitrage opportunities

  

  
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.

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.

Issuer/
Instrument
Industry/
Rating
% to Net
Assets
% to Net
Assets
Derivatives

Equity & Equity related
HDFC Bank Ltd. Banks 4.49 -4.52
Reliance Industries Ltd. Petroleum Products 4.40 -4.41
Maruti Suzuki India Limited Automobiles 2.11 -2.11
Adani Port and Special Economic Zone Ltd. Transport Infrastructure 2.01 -2.02
Adani Enterprises Ltd. Metals & Minerals Trading 1.98 -1.99
Tech Mahindra Ltd. IT - Software 1.82 -1.83
Infosys Ltd. IT - Software 1.78 -1.79
JSW Steel Ltd. Ferrous Metals 1.46 -1.47
HDFC Ltd. Finance 1.41 -1.41
HCL Technologies Ltd. IT - Software 1.33 -1.34
Others 47.52 -47.76
Equity & Equity related - Total 70.31 -70.65
Mutual Fund Units 21.97
Treasury Bills 2.02
Triparty Repo 0.80
Net Current Assets/(Liabilities) 4.90
Grand Total 100.00

For detailed portfolio log on to
https://www.kotakmf.com/Products/funds/hybrid-funds/Kotak-Equity-Arbitrage-Fund/Dir-G

Also you can scan the QR code for detailed portfolio

Mutual Fund Units as provided above is towards margin for derivatives transactions
Equity Derivative Exposuer is 70.65%


NAV
Monthly-Reg-Plan-IDCW Rs10.7048
Monthly-Dir-Plan-IDCW Rs11.1868
Growth Option Rs30.5450
Direct Growth Option Rs32.0835

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager Mr. Hiten Shah*
BenchmarkNifty 50 Arbitrage Index
Allotment dateSeptember 29, 2005
AAUMRs25,170.83 crs
AUMRs24,542.53 crs
Folio count49,226

IDCW Frequency

Monthly (Monday preceding the last Thursday of the month)


Ratios
Portfolio Turnover513.47%
Portfolio Average Maturity 0.10 yrs
IRS Average Maturity* -
Portfolio Modified Duration 0.10 yrs
Net Average Maturity 0.10 yrs
IRS Modified Duration* -
Net Modified Duration 0.10 yrs
Portfolio Macaulay Duration 0.10 yrs
IRS Macaulay Duration* -
Net Macaulay Duration 0.10 yrs
YTM5.21%
$Beta0.63
$Sharpe ##-1.58
$Standard Deviation0.74%
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial Investment: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 3 months & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
a) For redemptions/switch outs (including SIP/STP) within 30 days from the date of allotment of units: 0.25%
b) For redemptions/switch outs (including SIP/STP) after 30 days from the date of allotment of units: Nil


Total Expense Ratio**

Regular: 1.02%; Direct: 0.44%


Data as on July 31, 2022


Fund



Benchmark



This product is suitable for investors who are seeking*:
  • Income from arbitrage opportunities in the equity market
  • Investment in arbitrage opportunities in the cash & derivatives segment of the equity market.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


## Risk rate assumed to be 5.25% (FBIL Overnight MIBOR rate as on 29th July 2022).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'