Request a call

Please provide your details, we will
connect with you

x
Please Enter Your Name
Please Enter Mobile Number
Email is required

One Time Password (OTP) has been sent to your mobile,
please enter the same here to authenticate

x
Please Enter OTP

Thanks for sharing your details.
We will connect with you shortly

x

Kotak

Equity Arbitrage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 17486.32 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 Hiten Shah
Mr. Hiten Shah has been associated with the Kotak Group since September 2019. He is responsible for managing Kotak Equity Arbitrage Fund. Hiten has an overall industry experience of 11 years. Hiten’s educational background is MMS in Finance.

Please wait while we are fetching the data

Let’s calculate your gain

Please wait while we are fetching the data

If you would have invested `

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

About Kotak Equity Arbitrage Fund

  • 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

Please wait while we are fetching the data

  Since
Inception
Last
5 Year
Last
3 Years
Last
1 Years

For performance in SEBI format please refer performance section.

Scheme Inception date is 29/09/2005. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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).

Sector Allocation

Sector % of net asset
Finance 11.71 %
Banks 10.68 %
Consumer Non Durables 9.41 %
Petroleum Products 8.93 %
Unrated 3.61 %
Auto 4.4 %
Pharmaceuticals 4.38 %
REST 21.89 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Hedged
Reliance Industries Ltd. Petroleum Products 6.28 %
HDFC Ltd. Finance 4.91 %
ITC Ltd. Consumer Non Durables 3.42 %
HDFC Bank Ltd. Banks 2.72 %
Axis Bank Ltd Banks 2.34 %
State Bank Of India Banks 2.17 %
Larsen And Toubro Ltd. Construction Project 2.01 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 1.96 %
Bharat Petroleum Corporation Ltd. Petroleum Products 1.83 %
Bajaj Finance Limited Finance 1.75 %
Grasim Industries Ltd. Cement 1.65 %
Bajaj Finserv Ltd. Finance 1.5 %
Vedanta Ltd. Non - Ferrous Metals 1.48 %
Hindustan Unilever Ltd. Consumer Non Durables 1.31 %
Asian Paints Ltd. Consumer Non Durables 1.21 %
Maruti Suzuki India Limited Auto 1.17 %
ICICI Bank Ltd. Banks 1.13 %
Tata Motors Ltd. Auto 0.95 %
Hindalco Industries Ltd Non - Ferrous Metals 0.94 %
Tata Consultancy Services Ltd. Software 0.92 %
Tech Mahindra Ltd. Software 0.92 %
Mahindra & Mahindra Ltd. Auto 0.9 %
Bharti Airtel Ltd. Telecom - Services 0.89 %
Titan Company Ltd. Consumer Durables 0.77 %
Dabur India Ltd Consumer Non Durables 0.75 %
GAIL (India) Ltd. Gas 0.75 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.75 %
United Spirits Ltd. Consumer Non Durables 0.75 %
Adani Port and Special Economic Zone Limited Transportation 0.73 %
Ultratech Cement Ltd. Cement 0.69 %
Bank Of Baroda Banks 0.68 %
UPL Ltd Pesticides 0.66 %
IndusInd Bank Ltd. Banks 0.65 %
Federal Bank Ltd. Banks 0.64 %
JSW Steel Ltd. Ferrous Metals 0.62 %
Petronet LNG Ltd. Gas 0.61 %
Max Financial Services Ltd. Finance 0.57 %
Tata Power Co. Ltd. Power 0.55 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.54 %
LIC Housing Finance Ltd. Finance 0.54 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.54 %
Lupin Ltd. Pharmaceuticals 0.53 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.53 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.52 %
Hero MotoCorp Ltd. Auto 0.49 %
Exide Industries Ltd Auto Ancillaries 0.47 %
Marico Ltd. Consumer Non Durables 0.46 %
Nestle India Ltd. Consumer Non Durables 0.46 %
Tata Steel Limited. Ferrous Metals 0.44 %
Cipla Ltd. Pharmaceuticals 0.4 %
Container Corporation of India Ltd. Transportation 0.39 %
Inter Globe Aviation Ltd Transportation 0.38 %
ACC Ltd. Cement 0.37 %
Manappuram Finance Ltd Finance 0.37 %
Shriram Transport Finance Co Ltd. Finance 0.36 %
Divi s Laboratories Limited Pharmaceuticals 0.35 %
Pidilite Industries Ltd. Chemicals 0.35 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.34 %
Ambuja Cements Ltd Cement 0.33 %
Eicher Motors Ltd Auto 0.33 %
Muthoot Finance Ltd Finance 0.33 %
Adani Enterprises Ltd Trading 0.32 %
Punjab National Bank Banks 0.32 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.31 %
Colgate Palmolive (India ) Ltd. Consumer Non Durables 0.31 %
NMDC Ltd. Minerals/Mining 0.29 %
GMR Infrastructure Ltd. Construction Project 0.26 %
Voltas Ltd. Consumer Durables 0.24 %
HCL Technologies Ltd. Software 0.23 %
Mahanagar Gas Ltd Gas 0.23 %
Sun TV Network Ltd. Media and Entertainment 0.23 %
Tata Chemicals Ltd. Chemicals 0.23 %
DLF Limited Construction 0.22 %
ICICI Prudential Life Insurance Company Ltd Finance 0.22 %
Ashok Leyland Ltd. Auto 0.2 %
Bata India Ltd. Consumer Durables 0.2 %
Escorts Ltd. Auto 0.2 %
Adani Power Ltd Power 0.19 %
Torrent Power Ltd Power 0.19 %
Bosch Limited Auto Ancillaries 0.18 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.18 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.17 %
Power Finance Corporation Ltd. Finance 0.17 %
Rural Electrification Corporation Ltd Finance 0.17 %
Ujjivan Financial Services Ltd Finance 0.17 %
CESC Ltd. Power 0.15 %
Bajaj Auto Ltd. Auto 0.14 %
Havells India Ltd. Consumer Durables 0.14 %
Century Textiles & Industries Ltd. Paper 0.13 %
Equitas Holdings Ltd Finance 0.12 %
Jindal Steel & Power Ltd. Ferrous Metals 0.12 %
Tata Global Beverages Limited Consumer Non Durables 0.12 %
PVR Ltd Media and Entertainment 0.1 %
Page Industries Ltd Textile Products 0.09 %
Apollo Hospitals Enterprises Ltd. Healthcare Services 0.08 %
Cadila Healthcare Ltd. Pharmaceuticals 0.08 %
Shree Cement Ltd. Cement 0.08 %
United Breweries Ltd. Consumer Non Durables 0.08 %
Castrol (India ) Ltd. Petroleum Products 0.07 %
Power Grid Corporation Of India Ltd Power 0.07 %
NCC Limited Construction Project 0.06 %
Steel Authority of India Ltd. Ferrous Metals 0.06 %
Apollo Tyres Ltd. Auto Ancillaries 0.04 %
Cummins India Ltd. Industrial Products 0.04 %
Canara Bank Banks 0.03 %
Infosys Ltd. Software 0.03 %
Britannia Industries Ltd. Consumer Non Durables 0.02 %
MRF Limited Auto Ancillaries 0.02 %
Tata Motors Ltd - DVR Auto 0.02 %
Amara Raja Batteries Ltd. Auto Ancillaries 0.01 %
Bharat Electronics Ltd Industrial Capital Goods 0.01 %
Bharat Forge Ltd. Industrial Products 0.01 %
Biocon Ltd. Pharmaceuticals 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 71.71 %
Mutual Fund Units
Kotak Mahindra Liquid Fund Direct Plan Growth 3.61 %
Mutual Fund Units - Total 3.61 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL AAA 3.34 %
Bajaj Finance Ltd. CRISIL AAA 0.14 %
Corporate Debt/Financial Institutions - Total 3.48 %
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA 0.58 %
Public Sector Undertakings - Total 0.58 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL A1+ 2.77 %
LIC Housing Finance Ltd. CRISIL A1+ 1.65 %
Tata Capital Financial Services Limited CRISIL A1+ 0.84 %
Corporate Debt/Financial Institutions - Total 5.26 %
TERM DEPOSITS
AXIS Bank Ltd. 7.69 %
HDFC Bank Ltd. 5.9 %
Federal Bank Ltd. 0.8 %
IDFC First Bank Limited 0.42 %
AU Small Finance Bank Ltd. 0.29 %
Equitas Small Finance Bank Ltd. ( ) 0.14 %
Term Deposits - Total 15.24 %
Triparty Repo 0.43 %
Net Current Assets/(Liabilities) -0.31 %
Detail holdings

Market Capitalisation

Asset Allocation

( as on date : 16/1/2020)

Download Asset Allocation

Download Excel

Please wait while we are fetching the data

Fund Vs Benchmark Returns

Please wait while we are fetching the data

Trailing Returns Since
Inception

Scheme Inception date is 29/09/2005. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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 Hiten Shah

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 Arbitrage FundVS

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.

Please wait while we are fetching the data

In SEBI Format

CAGR since Inception 5 Year 3 Years 1 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).

Please wait while we are fetching the data

Let’s calculate your Dividend

Please wait while we are fetching the data

If you would have invested `

since inception, you would have earned` -as Dividend

and your current value of investment` -

Please wait while we are fetching the data

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 : `17486.32 Cr

  • AAUM : `17443.83 Cr

Key ratiosas on 31 Dec, 2019

Portfolio turnover ratio 309.2%
$Standard Deviation 0.5%
$Beta 0.48
$Sharpe Ratio ## 1.31%
Modified duration 0.16 yrs
Average maturity 0.17
Yield to maturity 6.02
Tracking Error NA
Expense Ratio (Direct) ** 0.44%
Expense Ratio (Regular) ** 0.98%
Source: $ICRA MFI Explorer## Risk rate assumed to be 5.26% (FBIL Overnight MIBOR rate as on 31 December 2019)**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

    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