Kotak Equity Arbitrage Fund - Growth

Fund House: Kotak Mahindra Mutual Fund
Category: Hybrid: Arbitrage
Launch Date: 29-09-2005
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Arbitrage TRI
Expense Ratio: 1.01% As on (31-05-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 26,009.81 Cr As on (31-05-2022)
Turn over: 486.49% | Exit Load: 0.25% for redemption within 30 days

30.5222

6.88%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
9 Years 1 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate income through arbitrage opportunities emerging out of pricinganomaly between the spot & futures market; and also through deployment of surplus cash in fixed income instruments.

Current Asset Allocation (%)

Indicators

Volatility 0.47
Sharp Ratio 1.1
Alpha 1.3
Beta 0.62
Yield to Maturity 4.11
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Kotak Equity Arbitrage Fund - Growth 29-09-2005 3.77 3.82 4.36 5.13 6.5
SBI Arbitrage Opportunities Fund - Regular Plan - Gr 03-11-2006 3.97 3.64 4.07 4.9 6.22
Axis Arbitrage Fund - Regular Plan - Growth 05-08-2014 3.88 3.63 4.25 4.95 -
Invesco India Arbitrage Fund - Growth Option 30-04-2007 3.88 3.68 4.31 4.93 6.18
Edelweiss Arbitrage Fund- Regular Plan- Growth Option 05-06-2014 3.69 3.66 4.36 5.1 -
Nippon India Arbitrage Fund - Growth Plan - Growth Option 05-10-2010 3.54 3.62 4.23 5.11 6.5
UTI Arbitrage Fund - Regular Plan - Growth Option 22-06-2006 3.47 3.65 4.27 5.05 6.18
ICICI Prudential Equity Arbitrage Fund - Growth 30-12-2006 3.46 3.59 4.18 4.95 6.5
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth 24-07-2009 3.38 3.56 4.19 4.95 6.26
LIC MF Arbitrage Fund-Regular Plan-Growth 07-01-2019 3.33 3.13 3.77 - -

Scheme Characteristics

Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

2.47%

Others

35.9%

Large Cap

49.43%

Mid Cap

12.28%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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