Kotak Equity Arbitrage Fund Direct Growth

Kotak Equity Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Hiten Shah. This fund gives you the benefit of diversification.

1. Kotak Equity Arbitrage Fund Direct Growth has ₹60373 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Kotak Equity Arbitrage Fund Direct Growth has given a CAGR return of 7.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.82%, 7.52% and 6.27% respectively.

Kotak Equity Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Energy, Basic Materials, Consumer Cyclical, Tech, Consumer Defensive, Industrial, Health, Utilities, Government, Communication, Real Estate.

As it is a arbitrage fund 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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. However, there is no assurance that the objective of the scheme will be realized

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Equity Arbitrage Fund Direct Growth has no lock in period.