Kotak Income Plus Arbitrage Fund of Funds Regular Growth

Kotak Income Plus Arbitrage Fund of Funds Regular 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.

1. Kotak Income Plus Arbitrage Fund of Funds Regular Growth has ₹2260 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Kotak Income Plus Arbitrage Fund of Funds Regular Growth has given a CAGR return of 8.42% since inception. Over the last 1 year the fund has given a CAGR return of 8.76%.

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

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 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).

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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Income Plus Arbitrage Fund of Funds Regular Growth has no lock in period.