Kotak

Equity Arbitrage

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 13183.5 Cr.
Risk
Moderately Low

This open ended fund Scheme is suitable for investors seeking*

  1. Income from arbitrage opportunities in the equity market
  2. Investment in arbitrage opportunities in the cash & derivatives segment of the equity market

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

Fund Manager
Mr. Deepak Gupta
Mr. Deepak has almost 10 years of experience in the mutual fund industry. He had joined the Equity Fund Management team as a research analyst. He is now an Equity Fund Manager. Mr.Deepak is a Graduate in Commerce from Mumbai University. He is a qualified Chartered Accountant, a Cost Accountant and has cleared the AIMR CFA Level 3.

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Let’s calculate your gain

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If you would have invested `

since inception, it would have become` - i.e. - %CAGR .

About Kotak Equity Arbitrage

  • Enter into simultaneous transactions of a long position in cash and exactly off-setting short position in futures
  • Equity position is completely hedged at trade initiation.
  • Towards the expiry or before the expiry of the derivatives contract, the positions are reversed or rolled over (if spread is available for next month)

Performanceas on

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  Since
Inception
Last
1 Year
Last
3 Years
Last
5 Years

For performance in SEBI format please refer performance section.

Scheme Inception date is 29/09/2005. Mr. Deepak Gupta has been managing the fund since 01/09/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. TRI Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

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Sector Allocation

Sector Portfolio
weight
Benchmark
weight
Underweight/
over weight
Commercial Paper (CP)/Certificate of Deposits (CD) 18.67 % - 18.67 %
CBLO & Term Deposits & Rev.Repo 14.67 % - 14.67 %
Banks 9.82 % - 9.82 %
Software 7.79 % - 7.79 %
Consumer Non Durables 6.63 % - 6.63 %
Finance 6.36 % - 6.36 %
Petroleum Products 5.03 % - 5.03 %
Debentures and Bonds 4.25 % - 4.25 %
Auto 3.21 % - 3.21 %
Mutual Fund Units 2.98 % - 2.98 %
REST 20.59 % - 20.59 %

Stocks

Stocks Industry Percentage of net asset Percentage to net asset derivative
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Hedged
Reliance Industries Ltd. Petroleum Products 4.24 % -
Yes Bank Ltd Banks 2.59 % -
Infosys Ltd. Software 2.1 % -
Tata Consultancy Services Ltd. Software 1.87 % -
HDFC Ltd. Finance 1.61 % -
Maruti Suzuki India Limited Auto 1.52 % -
HDFC Bank Ltd. Banks 1.26 % -
State Bank Of India Banks 1.24 % -
GAIL (India) Ltd. Gas 1.2 % -
Grasim Industries Ltd. Cement 1.11 % -
Britannia Industries Ltd. Consumer Non Durables 1.1 % -
United Spirits Ltd. Consumer Non Durables 1.07 % -
Axis Bank Ltd Banks 1.05 % -
IndusInd Bank Ltd. Banks 0.97 % -
Nestle India Ltd. Consumer Non Durables 0.97 % -
Adani Port and Special Economic Zone Limited Transportation 0.91 % -
MindTree Ltd. Software 0.88 % -
Tech Mahindra Ltd. Software 0.81 % -
Wipro Ltd. Software 0.8 % -
UPL Ltd Pesticides 0.75 % -
Bank Of Baroda Banks 0.74 % -
Vodafone Idea Ltd Telecom - Services 0.72 % -
Dabur India Ltd Consumer Non Durables 0.71 % -
Indiabulls Housing Finance Ltd. Finance 0.69 % -
Bharat Forge Ltd. Industrial Products 0.68 % -
Bosch Limited Auto Ancillaries 0.67 % -
United Breweries Ltd. Consumer Non Durables 0.63 % -
Bharat Financial Inclusion Limited Finance 0.6 % -
LIC Housing Finance Ltd. Finance 0.6 % -
HCL Technologies Ltd. Software 0.59 % -
Hindalco Industries Ltd Non - Ferrous Metals 0.59 % -
Tata Power Co. Ltd. Power 0.59 % -
Aurobindo Pharma Ltd. Pharmaceuticals 0.58 % -
Punjab National Bank Banks 0.57 % -
Bajaj Finserv Ltd. Finance 0.55 % -
Hindustan Unilever Ltd. Consumer Non Durables 0.51 % -
Piramal Enterprises Ltd. Pharmaceuticals 0.5 % -
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.47 % -
Zee Entertainment Enterprises Ltd Media and Entertainment 0.45 % -
Eicher Motors Ltd Auto 0.44 % -
Steel Authority of India Ltd. Ferrous Metals 0.43 % -
Dr Reddys Laboratories Ltd Pharmaceuticals 0.42 % -
Titan Company Ltd. Consumer Durables 0.42 % -
Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.39 % -
ITC Ltd. Consumer Non Durables 0.39 % -
Ambuja Cements Ltd Cement 0.36 % -
IDFC Limited Finance 0.36 % -
Tata Motors Ltd. Auto 0.36 % -
Bharat Petroleum Corporation Ltd. Petroleum Products 0.35 % -
Godrej Consumer Products Ltd. Consumer Non Durables 0.35 % -
Adani Enterprises Ltd Trading 0.34 % -
Shree Cement Ltd. Cement 0.34 % -
Rural Electrification Corporation Ltd Finance 0.33 % -
Adani Power Ltd Power 0.32 % -
CESC Ltd. Power 0.32 % -
Hindustan Petroleum Corporation Ltd Petroleum Products 0.31 % -
Tata Steel Limited. Ferrous Metals 0.53 % -
Sun TV Network Ltd. Media and Entertainment 0.3 % -
Mahindra & Mahindra Financial Services Ltd. Finance 0.29 % -
Escorts Ltd. Auto 0.27 % -
GMR Infrastructure Ltd. Construction Project 0.27 % -
Mahindra & Mahindra Ltd. Auto 0.27 % -
NCC Limited Construction Project 0.27 % -
Marico Ltd. Consumer Non Durables 0.26 % -
Canara Bank Banks 0.24 % -
Manappuram Finance Ltd Finance 0.24 % -
Cadila Healthcare Ltd. Pharmaceuticals 0.23 % -
NMDC Ltd. Minerals/Mining 0.23 % -
Bharti Airtel Ltd. Telecom - Services 0.22 % -
Capital First Ltd Finance 0.22 % -
Hexaware Technologies Ltd. Software 0.21 % -
Reliance Capital Ltd. Finance 0.21 % -
Union Bank Of India Banks 0.21 % -
Century Textiles & Industries Ltd. Cement 0.2 % -
Godrej Industries Ltd Consumer Non Durables 0.2 % -
ICICI Prudential Life Insurance Company Ltd Finance 0.19 % -
MRF Limited Auto Ancillaries 0.19 % -
Suzlon Energy Ltd. Industrial Capital Goods 0.18 % -
Biocon Ltd. Pharmaceuticals 0.17 % -
Motherson Sumi Systems Ltd. Auto Ancillaries 0.17 % -
Bharat Electronics Ltd Industrial Capital Goods 0.16 % -
Kajaria Ceramics Ltd. Construction 0.16 % -
KPIT Technologies LImited Software 0.16 % -
Larsen And Toubro Ltd. Construction Project 0.16 % -
NIIT Technologies Ltd Software 0.16 % -
Power Grid Corporation Of India Ltd Power 0.16 % -
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.16 % -
The South Indian Bank Ltd. Banks 0.16 % -
Vedanta Ltd. Non - Ferrous Metals 0.16 % -
Container Corporation of India Ltd. Transportation 0.15 % -
Indian Bank Banks 0.15 % -
Oracle Financial Services Software Ltd Software 0.15 % -
PVR Ltd Media and Entertainment 0.15 % -
Divi s Laboratories Limited Pharmaceuticals 0.14 % -
Jindal Steel & Power Ltd. Ferrous Metals 0.14 % -
NBCC (India) Ltd Construction 0.14 % -
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.14 % -
Colgate Palmolive (India ) Ltd. Consumer Non Durables 0.13 % -
National Aluminium Company Ltd Non - Ferrous Metals 0.13 % -
ACC Ltd. Cement 0.12 % -
Asian Paints Ltd. Consumer Non Durables 0.12 % -
Federal Bank Ltd. Banks 0.12 % -
ICICI Bank Ltd. Banks 0.12 % -
Petronet LNG Ltd. Gas 0.12 % -
Shriram Transport Finance Co Ltd. Finance 0.12 % -
CG Power and Industrial Solutions Limited Industrial Capital Goods 0.11 % -
DLF Limited Construction 0.11 % -
Havells India Ltd. Consumer Durables 0.11 % -
JSW Steel Ltd. Ferrous Metals 0.11 % -
Bank of India Banks 0.1 % -
Hero MotoCorp Ltd. Auto 0.1 % -
IRB Infrastructure Developers Ltd Construction 0.1 % -
Jubilant Foodworks Limited Consumer Non Durables 0.1 % -
Tata Motors Ltd - DVR Auto 0.1 % -
Apollo Tyres Ltd. Auto Ancillaries 0.09 % -
Bajaj Finance Limited Finance 0.09 % -
Granules India Ltd. Pharmaceuticals 0.09 % -
National Thermal Power Corporation Limited Power 0.09 % -
Wockhardt Ltd. Pharmaceuticals 0.09 % -
Bajaj Auto Ltd. Auto 0.08 % -
Strides Pharma Science Ltd Pharmaceuticals 0.08 % -
Ashok Leyland Ltd. Auto 0.07 % -
Bata India Ltd. Consumer Durables 0.07 % -
BEML Ltd Industrial Capital Goods 0.07 % -
Can Fin Homes Ltd. Finance 0.07 % -
Cipla Ltd. Pharmaceuticals 0.07 % -
Engineers India Ltd. Construction Project 0.07 % -
IDBI Bank Ltd. Banks 0.07 % -
Indian Oil Corporation Ltd Petroleum Products 0.07 % -
Mahanagar Gas Ltd Gas 0.07 % -
Oriental Bank of Commerce Banks 0.07 % -
Reliance Communications Ltd. Telecom - Services 0.07 % -
Siemens Ltd. Industrial Capital Goods 0.07 % -
TV18 Broadcast Ltd Media and Entertainment 0.07 % -
Coal India Ltd. Minerals/Mining 0.06 % -
IFCI Ltd. Finance 0.06 % -
Karnataka Bank Ltd Banks 0.06 % -
SRF Ltd. Textile Products 0.06 % -
Tata Elxsi Ltd. Software 0.06 % -
CEAT Ltd. Auto Ancillaries 0.05 % -
Dish TV India Ltd. Media and Entertainment 0.05 % -
Exide Industries Ltd Auto Ancillaries 0.05 % -
IDFC Bank Limited Banks 0.05 % -
Mangalore Refinery And Petrochemicals Ltd. Petroleum Products 0.05 % -
Reliance Power Ltd Power 0.05 % -
Tata Chemicals Ltd. Chemicals 0.05 % -
Tata Global Beverages Limited Consumer Non Durables 0.05 % -
Ultratech Cement Ltd. Cement 0.05 % -
Balkrishna Industries Ltd Auto Ancillaries 0.04 % -
Godfrey Phillips India Ltd. Consumer Non Durables 0.04 % -
Gujarat State Fertilizers & Chemicals Ltd. Fertilisers 0.04 % -
Hindustan Construction Co.Ltd Construction Project 0.04 % -
India Cements Ltd. Cement 0.04 % -
Max Financial Services Ltd. Finance 0.04 % -
Raymond Limited Textile Products 0.04 % -
Reliance Infrastructure Ltd Power 0.04 % -
Syndicate Bank Banks 0.04 % -
Ujjivan Financial Services Ltd Finance 0.04 % -
Cummins India Ltd. Industrial Products 0.03 % -
Jain Irrigation Systems Ltd. Industrial Products 0.03 % -
Jaiprakash Associates Ltd Cement 0.03 % -
Lupin Ltd. Pharmaceuticals 0.03 % -
Equitas Holdings Ltd Finance 0.02 % -
NHPC Limited Power 0.02 % -
PTC India Ltd. Power 0.02 % -
Repco Home Finance Limited. Finance 0.02 % -
Tata Communications Ltd Telecom - Services 0.02 % -
Allahabad Bank. Banks 0.01 % -
Apollo Hospitals Enterprises Ltd. Healthcare Services 0.01 % -
Chennai Petroleum Corporation Ltd Petroleum Products 0.01 % -
Indraprastha Gas Ltd. Gas 0.01 % -
Muthoot Finance Ltd Finance 0.01 % -
Oil India Limited Oil 0.01 % -
Page Industries Ltd Textile Products 0.01 % -
The Ramco Cements Ltd Cement 0.01 % -
Hedged - Total 58.98 % -
Listed/Awaiting Listing on Stock Exchange - Total 58.98 % -
Mutual Fund Units
Kotak Mahindra Liquid Scheme Direct Plan Growth Mutual Fund Units 2.56 % -
Kotak Corporate Bond Fund Direct Growth Mutual Fund Units 0.42 % -
Mutual Fund Units - Total 2.98 % -
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL AAA 2.09 % -
Mahindra & Mahindra Financial Services Ltd. FITCH IND AAA 1.74 % -
Corporate Debt/Financial Institutions - Total 3.83 % -
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL A1+ 4.68 % -
Bajaj Finance Ltd. CRISIL A1+ 3.96 % -
Reliance Jio Infocomm Ltd. CRISIL A1+ 3.74 % -
Tata Capital Financial Services Limited CRISIL A1+ 3.65 % -
Gruh Finance Ltd. CRISIL A1+ 1.13 % -
Sundaram BNP Paribas Home Finance Ltd CRISIL A1+ 0.57 % -
Sundaram Finance Ltd. CRISIL A1+ 0.56 % -
Corporate Debt/Financial Institutions - Total 18.29 % -
Public Sector Undertakings
National Bank for Agriculture & Rural Development ICRA A1+ 0.38 % -
Public Sector Undertakings - Total 0.38 % -
TERM DEPOSITS
HDFC Bank Ltd. 8.72 % -
AXIS Bank Ltd. 2.43 % -
IDFC Bank Limited 1.55 % -
IndusInd Bank Ltd. 0.61 % -
Federal Bank Ltd. 0.57 % -
AU Small Finance Bank Ltd. 0.38 % -
Equitas Small Finance Bank Ltd. 0.19 % -
RBL Bank Ltd. 0.19 % -
Term Deposits - Total 14.64 % -
Collateral Borrowing & Lending obligation 0.03 % -
Net Current Assets/(Liabilities) 0.87 % -
Detail holdings

Market Capitalisation

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Fund Vs Benchmark Returns

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Trailing Returns Since
Inception

Scheme Inception date is 29/09/2005. Mr. Deepak Gupta has been managing the fund since 01/09/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. TRI Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

As on -

See all funds managed by Mr. Deepak Gupta

Click here to know the return of Lumpsum investment made since inception

If you had invested ` as on would have grown to `- as of i.e. -

Kotak Equity ArbitrageVS

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Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from (http://www.publicprovidentfund.com/) The Fixed deposit interest rate is based on RBI rate (https://rbi.org.in/) Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information. Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks. Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period. It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes.

The above graph shows the movement of a specified amount vis-à-vis benchmark and additional benchmark in the specified time period (last business day of the selected month) chosen by the investor.

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In SEBI Format

CAGR since Inception 1 Year 3 Years 5 Years Current Value of `10,000
invested at inception

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days. Returns for investments in dividend plans of schemes are calculated after assuming that the net dividend payouts post statutory taxes & levies, are re-invested back in the scheme. Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any. Past performance of the scheme does not indicate the future performance of the schemes. As with any investment in securities, the NAV of the units issued under the schemes can go up or down depending on various factors and forces affecting capital markets. The data of the last working day has been considered for the calculation of performance. Scheme Inception date is 29/09/2005. Mr. Deepak Gupta has been managing the fund since 01/09/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. TRI Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

Click here to know the return of SIP investment made since inception

If you had invested
` every month from to

Total Amount invested `- Value of Investment `- i.e. - CAGR

Kotak Equity ArbitrageVS

Please wait while we are fetching the data

Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from (http://www.publicprovidentfund.com/) The Fixed deposit interest rate is based on RBI rate (https://rbi.org.in/) Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information. Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks. Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period. It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes.

The above graph shows the movement of a specified amount vis-à-vis benchmark and additional benchmark in the specified time period (last business day of the selected month) chosen by the investor.

Systematic Investment Plan

Monthly SIP of `10000 1 year 3 years 5 years 7 years Since Inception
No record found

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Let’s calculate your Dividend

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If you would have invested `

since inception, you would have earned` -as Dividend

and your current value of investment` -

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Dividend History

SUBMIT
Download Excel
Record date Cumulative
dividend
nav
(`/ unit )

Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.

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. However, there is no assurance that the objective of the scheme will be realized.

Benchmark : Nifty 50 Arbitrage

Allotment date : September 29, 2005

  • AUM : `13183.5 Cr

  • AAUM : `12466.13 Cr

Key ratiosas on 31 Oct, 2018

Portfolio turnover ratio 362.45%
$Standard Deviation 0.41%
$Beta 0.39
$Sharpe Ratio ## -1.1%
Modified duration 0.13 yrs
Average maturity 0.14
Yield to maturity 8.09
Tracking Error NA
Expense Ratio (Direct) ** 0.44%
Expense Ratio (Regular) ** 0.94%
Source: $ICRA MFI Explorer## Risk rate assumed to be 6.6% (FBIL Overnight MIBOR rate as on 28 September 2018)**Total Expense Ratio includes applicable B30 fee and GST.
Source: $ICRA MFI Explorer Standard Deviation is calculated on Annualised basis using 3 years history of the monthly returns.

This open ended fund Scheme is suitable for investors seeking

  1. Income from arbitrage opportunities in the equity market
  2. Investment in arbitrage opportunities in the cash & derivatives segment of the equity market

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

    Investment Style:

    investmentStyle maturityStyle

    Available Plans/Options

    A) Regular Plan B) Direct Plan

    Options: Dividend Payout, DividendReinvestment & Growth (applicable for allplans)

    Minimum Investment Amount

    Initial Investment:Rs.5000 and in multiple of Rs.1 for purchase and for 0.01 for switches

    Additional Investment:Rs.1000 & in multiples of Rs.1

    Ideal Investments Horizon:3 Months and above

    Load Structure

    Entry Load:NIL

    Exit Load:

    • I) For redemptions/switch outs (including SIP/STP) within 30 days from the date of allotment of units: 0.25%

    • II) For redemptions/switch outs (including SIP/STP) after 30 days from the date of allotment of units: Nil

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