Kotak Mahindra Asset Management Company Lt

Kotak Equity Arbitrage Fund - Growth - Direct

As on 24 Jan 2025

Kotak Equity Arbitrage Fund - Growth - Direct

Q: What kind of returns does Kotak Equity Arbitrage Fund - Growth - Direct provide?

Kotak Equity Arbitrage Fund - Growth - Direct aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Kotak Equity Arbitrage Fund - Growth - Direct had a return of 8.36% over the past 1 year.

Q: How much expense ratio is charged by Kotak Equity Arbitrage Fund - Growth - Direct?

The expense ratio for Kotak Equity Arbitrage Fund - Growth - Direct, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 24 Jan 2025, the expense ratio charged by Kotak Equity Arbitrage Fund - Growth - Direct is typically around 0.65 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Kotak Equity Arbitrage Fund - Growth - Direct?

As of 24 Jan 2025, the Assets Under Management (AUM) of Kotak Equity Arbitrage Fund - Growth - Direct is approximately ₹54913.1277 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Kotak Equity Arbitrage Fund - Growth - Direct?

The Net Asset Value (NAV) of Kotak Equity Arbitrage Fund - Growth - Direct is updated daily and reflects the per-unit value of the fund's assets. As of 24 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Kotak Equity Arbitrage Fund - Growth - Direct?

The PE ratio for Kotak Equity Arbitrage Fund - Growth - Direct is 24.89 and the PB ratio is 4.29. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Kotak Equity Arbitrage Fund - Growth - Direct?

The exit load for Kotak Equity Arbitrage Fund - Growth - Direct is 0.25% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 38.81

CAGR (3 Years)

7.26%

AUM (Cr)

₹ 54,913.13

Risk

Low Risk

About Kotak Equity Arbitrage Fund - Growth - Direct

The investment objective of the scheme is to generate income from investment in debt and money market securities and by availing arbitrage opportunities between prices of spot and derivatives markets.

Breakdown of this Fund

Aerospace & Defence

3.55%

Agro Chemicals

0.68%

Air Transport Service

0.11%

Alcoholic Beverages

0.69%

Auto Ancillaries

1.64%

Automobile

12.09%

Banks

23.08%

Cables

0.21%

Capital Goods - Electrical Equipment

2.58%

Capital Goods-Non Electrical Equipment

0.27%

Castings, Forgings & Fastners

0.79%

Cement

2.17%

Chemicals

2.02%

Construction

0.02%

Consumer Durables

3.06%

Crude Oil & Natural Gas

2.04%

Debt Others

7.53%

Diamond, Gems and Jewellery

0.59%

E-Commerce/App based Aggregator

1.39%

Edible Oil

0.52%

Entertainment

0.31%

Fertilizers

0.52%

Finance

11.89%

Financial Services

0.89%

FMCG

3.54%

Gas Distribution

2.35%

Healthcare

1.25%

Hotels & Restaurants

0.44%

Infrastructure Developers & Operators

2.33%

Insurance

3.16%

IT - Software

7.02%

Logistics

0.51%

Marine Port & Services

1.18%

Mining & Mineral products

4.50%

Miscellaneous

0.31%

Mutual Fund Units

45.44%

Non Ferrous Metals

1.10%

Paints/Varnish

0.15%

Pharmaceuticals

4.37%

Plantation & Plantation Products

0.56%

Plastic products

0.75%

Power Generation & Distribution

5.12%

Quick Service Restaurant

0.17%

Railways

0.47%

Readymade Garments/ Apparells

0.49%

Realty

2.18%

Refineries

14.35%

Retail

1.27%

Steel

4.13%

Stock/ Commodity Brokers

0.06%

Telecomm Equipment & Infra Services

1.23%

Telecomm-Service

5.69%

Textiles

1.90%

Tobacco Products

1.09%

Trading

0.45%

Tyres

1.13%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

0.65

Exit Load

0.25% - For redemptions/switch outs (including SIP/STP) within 30 days from the ...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.