Sharpe ratio
0.52Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.72%1Y Absolute Return
-0.03%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Kotak Arbitrage Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age13.8 yrs
Fund information
Scheme code119771
ISININF174K01LC6
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio2.34%
Exit loadExit load of 0.25% if redeemed within 30 days
Minimum SIP₹100 SIP
Return comparison
16th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.03% | — | — |
| 3M | +6.51% | — | — |
| 6M | +6.54% | — | — |
| 1Y | +6.72% | — | +4.86% |
| 3Y | +7.42% | — | +5.29% |
| 5Y | +7.00% | — | +5.25% |
| 10Y | +6.46% | — | — |
| Since Launch | +7.07% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.05Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
1.42%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
12.44How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Hedged Equity72.67%
Debt27.66%
Cash0.08%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 409 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 72.6743% |
| Kotak Money Market Fund Direct-Growth | Unspecified | Mutual Fund | 10.006% |
| Kotak Treasury Advantage Fund Direct-Growth | Unspecified | Mutual Fund | 4.6924% |
| ICICI Bank Ltd | Financial | Equity | 3.7118% |
| Kotak Low Duration Fund Direct-Growth | Unspecified | Mutual Fund | 2.867% |
| Kotak Liquid Plan A Direct - Growth | Unspecified | Mutual Fund | 2.747% |
| HDFC Bank Ltd | Financial | Equity | 2.712% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.7038% |
| HDFC Bank Limited (15/02/2027) ** # | Financial | Certificate of Deposit | 1.9862% |
| Vodafone Idea Ltd | Technology | Equity | 1.8593% |
Fund management
HI
Hiten Shah
Since 2019 · Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. Same fund manager for 7+ years — the strategy has not chopped and changed. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- Same fund manager for 7+ years — the strategy has not chopped and changed.
- Ranks 16 of 163 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.