Kotak Equity Arbitrage Fund Direct-Growth

Q: What are the returns of Kotak Equity Arbitrage Fund?

The Kotak Equity Arbitrage Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 7.12% since inception. Kotak Equity Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.01% 7.55% 6.3% 6.56% 7.12%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹39.5702+0.0% 1 day change	7.12% p.a.	#NA View Ranked Funds	4

Historical NAV & returns

NAV: ₹39.5702 as on Apr 23, 2025

This fund Category average

Kotak Equity Arbitrage Fund overview

VRO rating	4
Expense ratio	0.44% as on Mar 31, 2025
Exit load	0.25% Exit load of 0.25% if redeemed within 30 days!
AUM (Fund size)	₹60,373 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Kotak Equity Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	0.84%	0.78%
3 months	1.95%	1.85%
6 months	4.01%	3.83%
1 year	8.01%	7.73%
3 years	7.55%	7.19%
5 years	6.3%	5.96%
7 years	6.42%	6.12%
10 years	6.56%	6.42%

Asset allocationas on Mar 31, 2025

Large Cap -0.22631999999999997%

Mid Cap -0.06105000000000001%

Small Cap -0.012629999999999999%

Other Cap 4.263256414560601E-17%

Top holdings

Reliance Industries Ltd.4.47%

ICICI Bank Ltd.3.55%

HDFC Bank Ltd.2.29%

Infosys Ltd.1.78%

Top sectors

Financial 16.689999999999998%

Energy 9.659999999999998%

Consumer Staples 5.589999999999999%

Technology 5.27%

Cash 66.69046905%

A1+ 29.10942222%

SOV 3.115752%

AAA 0.755342%

Top Debt Holdings

HDFC Bank Ltd. 5.16%

Axis Bank Ltd. 2.21%

National Bank For Agriculture & Rural Development 1.55%

Canara Bank 1.48%

Allocation by Instruments

Cash Margin 66.69046905%

Mutual Fund 17.951330329999998%

Certificate of Deposit 12.426294339999998%

Net Current Assets 1.34075336%

Other Holdings

Kotak Money Market Fund Direct-Growth 9.94%

Kotak Liquid - Plan A - Direct Plan-Growth 4.73%

Kotak Savings Fund Direct-Growth 3.28%

Others 1.12%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Kotak Equity Arbitrage Fund	N.A.	₹60,373 Crs	12 yrs 3 m	0.44%
Tata Arbitrage Fund	N.A.	₹12,790 Crs	6 yrs 4 m	0.3%
Invesco India Arbitrage Fund	N.A.	₹19,675 Crs	12 yrs 3 m	0.39%
Edelweiss Arbitrage Fund	N.A.	₹14,003 Crs	10 yrs 10 m	0.36%
Axis Arbitrage Fund	N.A.	₹5,746 Crs	10 yrs 8 m	0.31%
Aditya Birla Sun Life Arbitrage Fund	N.A.	₹14,236 Crs	12 yrs 3 m	0.29%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Equity Arbitrage Fund	0.84%	4.01%	8.01%	7.55%	6.3%	6.56%
Tata Arbitrage Fund	0.84%	3.98%	8.0%	7.44%	6.29%	4.09%
Invesco India Arbitrage Fund	0.78%	3.92%	7.99%	7.66%	6.33%	6.53%
Edelweiss Arbitrage Fund	0.79%	3.99%	7.94%	7.47%	6.24%	6.65%
Axis Arbitrage Fund	0.83%	3.9%	7.85%	7.26%	6.12%	6.55%
Aditya Birla Sun Life Arbitrage Fund	0.88%	3.99%	7.98%	7.37%	6.13%	6.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Equity Arbitrage Fund	0.57	0.61	1.95	2.28
Tata Arbitrage Fund	0.53	0.71	1.85	2.22
Invesco India Arbitrage Fund	0.49	0.45	2.6	2.95
Edelweiss Arbitrage Fund	0.56	0.64	1.88	2.18
Axis Arbitrage Fund	0.56	0.61	1.49	1.64
Aditya Birla Sun Life Arbitrage Fund	0.54	0.67	1.7	1.92

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.37 vs. 2.73 Underperformed at beating benchmark
Sharpe	1.95 vs. 2.45 Poor risk-adjusted returns
Beta	0.61 vs. 0.79 Less sensitive to market ups & downs
Standard deviation	0.57 vs. 0.42 More volatile performance

Compare Kotak Equity Arbitrage Fund in detail with

About this fund

About Kotak Equity Arbitrage Fund

Kotak Equity Arbitrage Fund Direct-Growth is a Arbitrage mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Kotak Equity Arbitrage Fund Direct-Growth has ₹60,373 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Equity Arbitrage Fund Direct-Growth as of 23/04/2025 is ₹39.57. The fund has an expense ratio of 0.44%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.30% allocation to equity and 33.37% to Debt.

Kotak Equity Arbitrage Fund Direct-Growth returns of last 1-year are 8.02%. Since launch, it has delivered 7.12% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Kotak Equity Arbitrage Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's equity portion is primarily invested in Unclassified, Financial, Energy, Consumer Staples, Technology sectors. It has taken less exposure in Unclassified, Financial sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Kotak Money Market Fund Direct-Growth, HDFC Bank Ltd., Kotak Liquid - Plan A - Direct Plan-Growth, Reliance Industries Ltd., ICICI Bank Ltd..

...

Fund AUM	₹60,373 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Hiten Shah

Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University. Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.

Investment objective

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

Kotak Mahindra Mutual Fund details

No. of schemes	77 view all schemes
Total AUM	₹4,87,121 Crs as on Mar 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Kotak Multi Asset Allocator FoF - Dynamic	N.A.	₹1,652 Crs	12.41%	23.97%
Kotak Balanced Advantage Fund	N.A.	₹16,542 Crs	12.37%	17.01%
Kotak Equity Savings Fund	N.A.	₹8,043 Crs	9.32%	14.22%
Kotak Debt Hybrid Fund	N.A.	₹3,017 Crs	12.06%	14.18%
Kotak Multi Asset Allocation Fund	N.A.	₹7,643 Crs	10.4%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Equity Arbitrage Fund?

The current Net Asset Value (NAV) of the Kotak Equity Arbitrage Fund - Direct Growth plan is approximately ₹39.5702 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Kotak Equity Arbitrage Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 7.12% since inception.

Kotak Equity Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.01%	7.55%	6.3%	6.56%	7.12%

How much does this mutual fund charge as expense ratio?

The Kotak Equity Arbitrage Fund - Direct Growth has an expense ratio of 0.44%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Equity Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately ₹60,373 Crs crore as of Mar 31, 2025.

What is risk level of Kotak Equity Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Equity Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Equity Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak Equity Arbitrage Fund is complete.

How can I redeem my investments in Kotak Equity Arbitrage Fund?

Redeeming your investments in Kotak Equity Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Equity Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Arbitrage

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 Years.
Age: This is the 3rd oldest Arbitrage fund.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 30 days