1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
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Fund | 0.21 | 0.04 | 0.14 | 0.42 | 1.04 | 2.03 | 4.74 | 6.03 | 6.33 | 7.00 | -- |
CCIL T Bill Liquidity Weight | 0.09 | 0.03 | 0.04 | 0.15 | 0.50 | 1.08 | 3.01 | 3.80 | 4.01 | 4.43 | -- |
Hybrid: Arbitrage | 0.16 | 0.02 | 0.12 | 0.34 | 0.88 | 1.78 | 4.18 | 5.65 | 6.21 | 6.80 | -- |
Rank within category | 1 | 3 | 6 | 1 | 4 | 7 | 8 | 7 | 6 | 2 | -- |
Number of funds in category | 27 | 27 | 27 | 27 | 27 | 26 | 24 | 17 | 15 | 9 | 0 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
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Kotak Equity Arbitrage Fund - Direct Plan | Invest Online | Jan-13 | 4.74 | 6.03 | 6.33 | 0.44 | 14,908 | |
Nippon India Arbitrage Fund - Direct Plan | Jan-13 | 4.85 | 6.33 | 6.50 | 0.34 | 8,029 | |
Edelweiss Arbitrage Fund - Direct Plan | Invest Online | Jun-14 | 5.06 | 6.24 | 6.54 | 0.40 | 3,195 | |
UTI Arbitrage Fund - Direct Plan | Invest Online | Jan-13 | 4.72 | 6.01 | 6.26 | 0.40 | 2,969 | |
L&T Arbitrage Opportunities Fund - Direct Plan | Invest Online | Jun-14 | 5.12 | 6.10 | 6.39 | 0.28 | 2,737 |
Best (Period) | Worst (Period) | |
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Week | 0.61 (25-Mar-2020 - 01-Apr-2020) | -0.53 (29-May-2020 - 05-Jun-2020) |
Month | 1.14 (19-May-2014 - 18-Jun-2014) | -0.21 (29-May-2020 - 29-Jun-2020) |
Quarter | 2.91 (14-Nov-2013 - 13-Feb-2014) | 0.12 (29-May-2020 - 28-Aug-2020) |
Year | 10.71 (22-Aug-2013 - 22-Aug-2014) | 4.57 (20-Jan-2020 - 19-Jan-2021) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 5.95 | 0.79 | 1.48 | 1.94 | 0.76 | 1.93 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Hybrid: Arbitrage | 5.60 | 0.95 | 1.17 | 1.68 | 0.81 | 1.63 |
Rank within category | 7 | 8 | 7 | 10 | 10 | 8 |
Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
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Number of Stocks | 121 |
Top 10 Holdings (%) | 44.59 |
Top 5 Holdings (%) | 34.49 |
Top 3 Sectors (%) | 5.47 |
Portfolio P/B Ratio | 2.27 |
Portfolio P/E Ratio | 25.16 |
Avg Credit Rating | GOI/Cash |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Kotak Liquid - Plan A - Direct Plan-Gr | Mutual Fund | -- | 0.00 - 19.62 | 19.62 |
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Kotak Money Market Fund Direct-G | Mutual Fund | -- | 0.00 - 5.04 | 5.04 |
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HDFC Bank | Term Deposits | -- | 0.77 - 10.96 | 0.77 |
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Federal Bank | Term Deposits | -- | 0.22 - 1.65 | 0.22 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
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Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
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Bharti Airtel | Communication | -- | 5.11 | 0.00 | 4.31 |
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Reliance Industries | Energy | 32.81 | 10.20 | 0.00 | 2.88 |
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Sun Pharmaceutical Inds. | Healthcare | 93.82 | 3.18 | 0.12 | 2.64 |
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Axis Bank | Financial | 55.59 | 3.04 | 0.00 | 2.43 |
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Tata Steel | Metals | -- | 2.91 | 0.00 | 2.33 |
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HDFC | Financial | 28.84 | 6.96 | 0.02 | 1.95 |
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Adani Ports and Special Economic Zone | Services | 28.42 | 2.29 | 0.00 | 1.76 |
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Grasim Industries | Construction | 19.30 | 2.51 | 0.05 | 1.63 |
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Indusind Bank | Financial | 24.18 | 1.85 | 0.00 | 1.34 |
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JSW Steel | Metals | 23.02 | 1.71 | 0.03 | 1.32 |
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Maruti Suzuki India | Automobile | 59.83 | 2.53 | 0.00 | 1.29 |
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Dabur India | FMCG | 62.70 | 1.45 | 0.10 | 1.22 |
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HCL Technologies | Technology | 20.24 | 1.75 | 0.00 | 1.16 |
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Mahindra & Mahindra | Automobile | -- | 1.40 | 0.01 | 1.15 |
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ITC | FMCG | 18.91 | 3.42 | 0.00 | 1.05 |
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Tech Mahindra | Technology | 23.79 | 1.75 | 0.00 | 1.04 |
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BPCL | Energy | 20.33 | 1.94 | 0.00 | 1.02 |
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Piramal Enterprises | Healthcare | 228.32 | 0.95 | 0.00 | 0.95 |
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Tata Motors | Automobile | -- | 1.22 | 0.00 | 0.93 |
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HDFC Bank | Financial | 25.92 | 4.18 | 0.00 | 0.93 |
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Bandhan Bank | Financial | 19.32 | 0.83 | 0.00 | 0.83 |
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Larsen & Toubro | Construction | 16.83 | 2.01 | 0.00 | 0.82 |
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Max Financial Services | Financial | 94.47 | 0.81 | 0.00 | 0.81 |
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HDFC Life Insurance | Financial | 102.65 | 1.17 | 0.00 | 0.80 |
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Cipla | Healthcare | 35.41 | 1.34 | 0.00 | 0.80 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Hiten Shah since 03-Oct-2019
Education: Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience: Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
Funds Managed:
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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.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 10 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | 1,000 |
Exit Load | 0.25% for redemption within 30 days |
Fund House: | Kotak Mahindra Mutual Fund |
Launch Date: | 01-Jan-2013 |
Return Since Launch: | 7.34% |
Benchmark: | NIFTY 50 Arbitrage TRI |
Riskometer: | Low |
Type: | Open-ended |
Assets: | ₹ 14,908 Cr (As on 31-Dec-2020) |
Expense: | 0.44% (As on 31-Dec-2020) |
Risk Grade: | Below Average |
Return Grade: | Average |
Turnover: | 396.21% |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Fortnightly | 12-Jan-2021 | 0.0615 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 28-Dec-2020 | 0.0392 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Bimonthly | 24-Nov-2020 | 0.1693 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 24-Dec-2019
AMC: Kotak Mahindra Asset Management Company Ltd
Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051
Phone: 022-61152100 / 1800-22-2626
Fax: 022-66384455
Email: [email protected]
Website: http://www.kotakmutual.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com