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Hybrid · Arbitrage

Kotak Arbitrage Fund

Kotak Mahindra Mutual Fund
Benchmark
Nifty 50 Arbitrage Index
Riskometer
Low
Size
₹76,045 cr
Allotted
29 Sep 2005
Holdings as of
Not on record

Kotak Arbitrage Fund is a arbitrage fund of Kotak Mahindra Mutual Fund with ₹76,045 cr under management. It is ahead of its benchmark (Nifty 50 Arbitrage Index) in 3 of 4 periods. Its direct plan charges 2.32% a year. Hiten Shah has managed it for 7.0 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Kotak Arbitrage Fund invested in?

Mix not on record

Has Kotak Arbitrage Fund beaten its benchmark?

Ahead of its benchmark, Nifty 50 Arbitrage Index, in 3 of 4 periods in AMFI's figures; +6.64% over the last year against +7.01%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month+0.59% −3.60% —
3 months+1.54% −5.03% —
6 months+3.10% −1.83% —
1 year+6.65% −4.06% +10.71 pts
3 years+7.43% +9.27% −1.84 pts
5 years+6.97% +8.00% −1.03 pts
10 years+6.46% +12.69% −6.23 pts
Since start
from 7 Jan 2013
+7.07%——
Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (Nifty 50 Arbitrage Index) in 3 of 4 periods.
PeriodDirectRegularBenchmarkAheadRank
1y +6.64%+5.99%+7.01% −0.37 🔒
3y +7.38%+6.74%+7.30% +0.08 🔒
5y +6.95%+6.32%+6.68% +0.27 🔒
10y +6.44%+5.85%+5.57% +0.87 🔒
Ahead in points a year · its rank among Arbitrage funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026
50100150200250300350400 20172019202120232025
Fund 186Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹186 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does Kotak Arbitrage Fund cost?

2.32% a year on the direct plan, 2.90% on the regular plan; 37 of 40 funds in its category charge less.

Direct plan
2.32% a year
Category median 1.44%
Regular plan
2.90% a year
Category median 2.07%
Gap
0.58 points
for the same holdings
37 of 40 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Hybrid Scheme - Arbitrage Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Kotak Arbitrage Fund?

Hiten Shah, since 3 Oct 2019.

Hiten Shah
Primary
7.0 years
since 3 Oct 2019
Benchmark as filedNifty 50 Arbitrage
Exit load
For redemptions / switch outs (including STP/SWP) within 30 days from the date of allotment of units, irrespective of the amount of the investment - 0.25% For redemptions / switch outs (including STP/SWP) after 30 days from the date of allotment of units, irrespective of the amount of the investment: Nil Units issued on reinvestment of IDCWs shall not be subject to entry and exit load.
From 6 Scheme Summary Documents filed with NSE, first on 29 Apr 2026; as on 29 Sep 2026

Questions people ask

Who manages Kotak Arbitrage Fund?

Hiten Shah (Primary) since 3 Oct 2019.

What is the expense ratio of Kotak Arbitrage Fund?

2.32% a year on the direct plan and 2.90% on the regular plan (expense report, Oct 2026).

How has Kotak Arbitrage Fund done?

Its direct plan returned +7.38% a year over 3 years against +7.30% for its benchmark, Nifty 50 Arbitrage Index, as of 13 Oct 2026.

Inside the app

See Kotak Arbitrage Fund beside your own funds in Valarth

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Kotak Arbitrage Fund in the app: beside your own funds, with what you own through them

See the full analysis in the app →See pricing
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