Kotak Income Plus Arbitrage Fund of Funds Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 12-12-2024
₹ 11.81
Inception Returns
8.3%
/yr
About Kotak Income Plus Arbitrage Fund of Funds Direct Growth
Kotak Income Plus Arbitrage Fund of Funds Direct Growth is a hybrid fund. This fund was started on 17 November, 2022. The fund is managed by Abhishek Bisen. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Income Plus Arbitrage Fund of Funds Direct Growth has ₹25 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Kotak Income Plus Arbitrage Fund of Funds Direct Growth has given a CAGR return of 8.34% since inception. Over the last 1 year the fund has given a CAGR return of 9.25%.
Holdings
Kotak Income Plus Arbitrage Fund of Funds Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Financial Services, Government, Consumer Cyclical, Basic Materials, Energy, Industrial, Health, Consumer Defensive, Tech, Communication, Utilities, Real Estate.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Kotak Income Plus Arbitrage Fund of Funds Direct Growth
To generate long-term capital appreciation from a portfolio created by investing in debt oriented mutual fund schemes of Kotak Mahindra Mutual Fund.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Income Plus Arbitrage Fund of Funds Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Income Plus Arbitrage Fund of Funds Direct Growth Overview
| Expense ratio | 0.1% |
Benchmark | Nifty Composite Debt TR INR |
| AUM | ₹25 Cr |
| Inception Date | 17 November, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 160.12% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (12-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 21.5 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Real Estate, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Corporate Bond Dir Gr | 35.29% | 0% | |
Kotak Equity Arbitrage Dir Gr | 26.09% | 0% | |
Kotak Gilt-Investment Growth - Direct | 0.69% | 0% |
Kotak Income Plus Arbitrage Fund of Funds Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹25 Cr
Expense Ratio 0.1%
Frequently Asked Questions for Kotak Income Plus Arbitrage Fund of Funds Direct Growth
Kotak Income Plus Arbitrage Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 4.89% | 4.89% |
1 Year Returns | 9.25% | 9.25% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 99.66 |
AA | 0.34 |