| KOTAK EQUITY ARBITRAGE FUND
An open-ended scheme investing in arbitrage opportunities
| KOTAK EQUITY ARBITRAGE FUND
An open-ended scheme investing in arbitrage opportunities

  

  
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.

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.

Issuer/
Instrument
Industry/
Rating
% to Net
Assets
% to Net
Assets
Derivatives

Equity & Equity related
Bharti Airtel Ltd Telecom - Services 3.32 -3.34
Adani Port and Special Economic Zone Ltd. Transportation 2.99 -3.01
ICICI Bank Ltd. Banks 3.00 -3.01
HDFC Ltd. Finance 2.17 -2.18
Vedanta Ltd. Non - Ferrous Metals 1.98 -1.99
Grasim Industries Ltd. Cement 1.93 -1.94
Tata Consultancy Services Ltd. Software 1.71 -1.72
Tata Motors Ltd. Auto 1.67 -1.68
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 1.59 -1.60
Tata Steel Ltd. Ferrous Metals 1.53 -1.53
Others 44.67 -44.90
Equity & Equity Related- Total 66.56 -66.90
Mutual Fund Units 23.50
TERM DEPOSITS 0.36
Triparty Repo 7.88
Net Current Assets/(Liabilities) 1.70
Grand Total 100.00

For detailed portfolio log on to
www.kotakmf.com/funds/equity-funds/Kotak-Equity-Arbitrage-Fund/Reg-G

Term Deposit as provided above is towards margin for derivatives transactions
Equity Derivative Exposuer is 66.90%


NAV
Monthly Dividend Option Rs 10.6936
Direct Monthly Dividend Option Rs 11.1737
Growth Option Rs 28.9366
Direct Growth Option Rs 30.1445
Bimonthly Dividend Rs 19.997
Direct Bimonthly Dividend Rs 20.2002
Fortnightly Dividend Rs 22.9875
Direct Fortnightly Dividend Rs 23.4692

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)


Fund Manager Mr. Hiten Shah*
BenchmarkNifty 50 Arbitrage Index
Allotment dateSeptember 29, 2005
AAUMRs15,930.06 crs
AUMRs16,361.81 crs
Folio count40,849

Dividend Frequency

Fortnightly (Every alternate Monday from the 1st record date), Monthly (Monday preceding the last Thursday of the month), Bimonthly (Monday preceding the last Thursday of the following months - January, March, May, July, September, November)


Ratios
Portfolio Turnover457.78%
$Beta0.65
$Sharpe ##2.21
$Standard Deviation0.81%
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial Investment: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 3 months & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
a) For redemptions/switch outs (including SIP/STP) within 30 days from the date of allotment of units: 0.25%
b) For redemptions/switch outs (including SIP/STP) after 30 days from the date of allotment of units: Nil


Total Expense Ratio**

Regular: 1.00%; Direct: 0.41%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Income from arbitrage opportunities in the equity market
  • Investment in arbitrage opportunities in the cash & derivatives segment of the equity market.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Mr. Hiten Shah has been managing the fund since 03/10/2019.
## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three dividends, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'