Previously Known As : Kotak Equity Arbitrage Fund
Kotak Arbitrage Fund Datagrid
Category Arbitrage Fund
BMSMONEY Rank 3
Rating
Growth Option 24-07-2026
NAV ₹39.86(R) -0.04% ₹42.87(D) -0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.98% 6.97% 6.2% 5.73% 5.9%
Direct 6.63% 7.61% 6.83% 6.34% 6.49%
Benchmark
SIP (XIRR) Regular 6.13% 6.57% 5.92% 5.89% 5.87%
Direct 6.78% 7.21% 6.55% 6.52% 6.48%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.07 1.18 0.7 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.55% 0.0% 0.0% - 0.41%
Fund AUM As on: 30/12/2025 72329 Cr
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
UTI Arbitrage Fund 2
Kotak Arbitrage Fund 3
SBI arbitrage opportunities fund 4
ICICI Prudential Equity - Arbitrage Fund 5

NAV Date: 24-07-2026

Scheme Name NAV Rupee Change Percent Change
Kotak Arbitrage Fund - Regular Plan - IDCW - Payout & Re-investment of Income Distribution cum capital withdrawal option 10.76
0.0000
-0.0400%
Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option 11.24
0.0000
-0.0300%
Kotak Arbitrage Fund - Regular Plan - Growth 39.86
-0.0100
-0.0400%
Kotak Arbitrage Fund - Direct Plan - Growth 42.87
-0.0100
-0.0300%

Review Date: 24-07-2026

Beginning of Analysis

Kotak Arbitrage Fund is the third ranked fund in the Arbitrage Fund category. The category has total 24 funds. The Kotak Arbitrage Fund has shown an excellent past performence in Arbitrage Fund. The fund has a Sharpe Ratio of 2.07 which is higher than the category average of 1.56.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Arbitrage Mutual Funds

Kotak Arbitrage Fund Return Analysis

  • The fund has given a return of 0.57%, 1.62 and 3.35 in last one, three and six months respectively. In the same period the category average return was 0.54%, 1.57% and 3.23% respectively.
  • Kotak Arbitrage Fund has given a return of 6.63% in last one year. In the same period the Arbitrage Fund category average return was 6.5%.
  • The fund has given a return of 7.61% in last three years and ranked 1.0st out of twenty four funds in the category. In the same period the Arbitrage Fund category average return was 7.35%.
  • The fund has given a return of 6.83% in last five years and ranked 2nd out of twenty funds in the category. In the same period the Arbitrage Fund category average return was 6.51%.
  • The fund has given a return of 6.49% in last ten years and ranked 3rd out of twelve funds in the category. In the same period the category average return was 6.33%.
  • The fund has given a SIP return of 6.78% in last one year whereas category average SIP return is 6.61%. The fund one year return rank in the category is 7th in 31 funds
  • The fund has SIP return of 7.21% in last three years and ranks 3rd in 24 funds. Tata Arbitrage Fund has given the highest SIP return (7.25%) in the category in last three years.
  • The fund has SIP return of 6.55% in last five years whereas category average SIP return is 6.28%.

Kotak Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.55 and semi deviation of 0.41. The category average standard deviation is 0.51 and semi deviation is 0.38.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Arbitrage Fund Category
  • Good Performance in Arbitrage Fund Category
  • Poor Performance in Arbitrage Fund Category
  • Very Poor Performance in Arbitrage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.52
    0.48
    		0.28 | 0.63 8 | 37 Very Good
    3M Return % 1.47
    1.39
    		0.94 | 1.69 7 | 36 Very Good
    6M Return % 3.04
    2.88
    		1.91 | 3.41 4 | 34 Very Good
    1Y Return % 5.98
    5.77
    		3.79 | 6.90 5 | 31 Very Good
    3Y Return % 6.97
    6.63
    		5.70 | 6.97 1 | 24 Very Good
    5Y Return % 6.20
    5.81
    		4.87 | 6.23 3 | 20 Very Good
    7Y Return % 5.73
    5.41
    		4.60 | 5.73 1 | 17 Very Good
    10Y Return % 5.90
    5.68
    		5.11 | 5.90 1 | 12 Very Good
    15Y Return % 6.72
    6.51
    		6.14 | 6.72 1 | 9 Very Good
    1Y SIP Return % 6.13
    5.88
    		3.76 | 7.07 4 | 31 Very Good
    3Y SIP Return % 6.57
    6.27
    		5.49 | 6.57 1 | 24 Very Good
    5Y SIP Return % 5.92
    5.58
    		4.67 | 5.92 1 | 20 Very Good
    7Y SIP Return % 5.89
    5.59
    		4.92 | 5.89 1 | 17 Very Good
    10Y SIP Return % 5.87
    5.64
    		5.08 | 5.87 1 | 12 Very Good
    15Y SIP Return % 6.18
    5.95
    		5.38 | 6.18 1 | 9 Very Good
    Standard Deviation 0.55
    0.51
    		0.41 | 0.55 24 | 24 Poor
    Semi Deviation 0.41
    0.38
    		0.30 | 0.41 24 | 24 Poor
    Max Drawdown % 0.00
    0.00
    		-0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00
    0.00
    		0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 2.07
    1.56
    		-0.28 | 2.12 2 | 24 Very Good
    Sterling Ratio 0.70
    0.66
    		0.57 | 0.70 1 | 24 Very Good
    Sortino Ratio 1.18
    0.83
    		-0.10 | 1.22 2 | 24 Very Good
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.57 0.54 0.37 | 0.70 11 | 38 Good
    3M Return % 1.62 1.57 1.30 | 1.85 11 | 37 Good
    6M Return % 3.35 3.23 2.54 | 3.73 7 | 35 Very Good
    1Y Return % 6.63 6.50 5.12 | 7.56 9 | 31 Good
    3Y Return % 7.61 7.35 6.54 | 7.61 1 | 24 Very Good
    5Y Return % 6.83 6.51 5.72 | 6.94 2 | 20 Very Good
    7Y Return % 6.34 6.08 5.23 | 6.45 4 | 17 Very Good
    10Y Return % 6.49 6.33 5.67 | 6.56 3 | 12 Very Good
    1Y SIP Return % 6.78 6.61 5.14 | 7.74 7 | 31 Very Good
    3Y SIP Return % 7.21 6.99 6.32 | 7.25 3 | 24 Very Good
    5Y SIP Return % 6.55 6.28 5.50 | 6.61 2 | 20 Very Good
    7Y SIP Return % 6.52 6.27 5.52 | 6.58 2 | 17 Very Good
    10Y SIP Return % 6.48 6.30 5.70 | 6.51 3 | 12 Very Good
    Standard Deviation 0.55 0.51 0.41 | 0.55 24 | 24 Poor
    Semi Deviation 0.41 0.38 0.30 | 0.41 24 | 24 Poor
    Max Drawdown % 0.00 0.00 -0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00 0.00 0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 2.07 1.56 -0.28 | 2.12 2 | 24 Very Good
    Sterling Ratio 0.70 0.66 0.57 | 0.70 1 | 24 Very Good
    Sortino Ratio 1.18 0.83 -0.10 | 1.22 2 | 24 Very Good
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Kotak Arbitrage Fund NAV Regular Growth Kotak Arbitrage Fund NAV Direct Growth
    24-07-2026 39.8553 42.8662
    23-07-2026 39.8695 42.8808
    22-07-2026 39.8687 42.8792
    21-07-2026 39.853 42.8616
    20-07-2026 39.8211 42.8266
    17-07-2026 39.8359 42.8404
    16-07-2026 39.8013 42.8026
    15-07-2026 39.8032 42.8039
    14-07-2026 39.8124 42.8131
    13-07-2026 39.7802 42.7777
    10-07-2026 39.7825 42.7781
    09-07-2026 39.775 42.7693
    08-07-2026 39.789 42.7836
    07-07-2026 39.7904 42.7844
    06-07-2026 39.7735 42.7656
    03-07-2026 39.7571 42.7458
    02-07-2026 39.7454 42.7325
    01-07-2026 39.7325 42.718
    30-06-2026 39.6778 42.6584
    29-06-2026 39.6758 42.6555
    25-06-2026 39.68 42.6572
    24-06-2026 39.6486 42.6228

    Fund Launch Date: 12/Sep/2005
    Fund Category: Arbitrage Fund
    Investment Objective: 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
    Fund Description: An open-ended scheme investing in arbitrage opportunities
    Fund Benchmark: Nifty 50 Arbitrage Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.