Previously Known As : Kotak Equity Arbitrage Fund
Kotak Arbitrage Fund Datagrid
Category Arbitrage Fund
BMSMONEY Rank 3
Rating
Growth Option 09-09-2026
NAV ₹40.15(R) 0.0% ₹43.22(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.06% 6.85% 6.27% 5.73% 5.88%
Direct 6.71% 7.49% 6.91% 6.35% 6.47%
Benchmark
SIP (XIRR) Regular 6.09% 6.45% 6.63% 6.25% 6.02%
Direct 6.73% 7.1% 7.27% 6.88% 6.63%
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: 09-09-2026

Scheme Name NAV Rupee Change Percent Change
Kotak Arbitrage Fund - Regular Plan - IDCW - Payout & Re-investment of Income Distribution cum capital withdrawal option 10.75
0.0000
0.0000%
Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option 11.24
0.0000
0.0100%
Kotak Arbitrage Fund - Regular Plan - Growth 40.15
0.0000
0.0000%
Kotak Arbitrage Fund - Direct Plan - Growth 43.22
0.0000
0.0100%

Review Date: 09-09-2026

Beginning of Analysis

In the Arbitrage Fund category, Kotak Arbitrage Fund is the third ranked fund. 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 0.44%, 1.8 and 3.31 in last one, three and six months respectively. In the same period the category average return was 0.37%, 1.68% and 3.13% respectively.
  • Kotak Arbitrage Fund has given a return of 6.71% in last one year. In the same period the Arbitrage Fund category average return was 6.51%.
  • The fund has given a return of 7.49% in last three years and ranked 1.0st out of twenty three funds in the category. In the same period the Arbitrage Fund category average return was 7.22%.
  • The fund has given a return of 6.91% in last five years and ranked 2nd out of nineteen funds in the category. In the same period the Arbitrage Fund category average return was 6.59%.
  • The fund has given a return of 6.47% in last ten years and ranked 3rd out of eleven funds in the category. In the same period the category average return was 6.33%.
  • The fund has given a SIP return of 6.73% in last one year whereas category average SIP return is 6.44%. The fund one year return rank in the category is 5th in 31 funds
  • The fund has SIP return of 7.1% in last three years and ranks 3rd in 23 funds. Tata Arbitrage Fund has given the highest SIP return (7.12%) in the category in last three years.
  • The fund has SIP return of 7.27% in last five years whereas category average SIP return is 7.0%.

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 % 0.39
    0.32
    		0.00 | 0.48 4 | 36 Very Good
    3M Return % 1.65
    1.49
    		0.75 | 1.86 5 | 36 Very Good
    6M Return % 2.99
    2.76
    		1.52 | 3.40 3 | 33 Very Good
    1Y Return % 6.06
    5.77
    		3.48 | 6.95 4 | 31 Very Good
    3Y Return % 6.85
    6.50
    		5.57 | 6.85 1 | 23 Very Good
    5Y Return % 6.27
    5.88
    		4.92 | 6.30 3 | 19 Very Good
    7Y Return % 5.73
    5.42
    		4.60 | 5.73 1 | 16 Very Good
    10Y Return % 5.88
    5.68
    		5.07 | 5.88 1 | 11 Very Good
    15Y Return % 6.71
    6.49
    		6.11 | 6.71 1 | 9 Very Good
    1Y SIP Return % 6.09
    5.70
    		3.19 | 6.94 3 | 31 Very Good
    3Y SIP Return % 6.45
    6.14
    		5.36 | 6.45 1 | 23 Very Good
    5Y SIP Return % 6.63
    6.30
    		5.37 | 6.63 1 | 19 Very Good
    7Y SIP Return % 6.25
    5.96
    		5.27 | 6.25 1 | 16 Very Good
    10Y SIP Return % 6.02
    5.81
    		5.23 | 6.02 1 | 11 Very Good
    15Y SIP Return % 6.21
    6.00
    		5.48 | 6.21 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 : Sept. 9, 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 % 0.44 0.37 0.09 | 0.54 6 | 37 Very Good
    3M Return % 1.80 1.68 1.11 | 2.02 5 | 37 Very Good
    6M Return % 3.31 3.13 2.15 | 3.74 3 | 34 Very Good
    1Y Return % 6.71 6.51 4.89 | 7.62 8 | 31 Very Good
    3Y Return % 7.49 7.22 6.40 | 7.49 1 | 23 Very Good
    5Y Return % 6.91 6.59 5.77 | 7.01 2 | 19 Very Good
    7Y Return % 6.35 6.09 5.22 | 6.45 4 | 16 Very Good
    10Y Return % 6.47 6.33 5.63 | 6.53 3 | 11 Very Good
    1Y SIP Return % 6.73 6.44 4.61 | 7.62 5 | 31 Very Good
    3Y SIP Return % 7.10 6.85 6.19 | 7.12 3 | 23 Very Good
    5Y SIP Return % 7.27 7.00 6.20 | 7.32 2 | 19 Very Good
    7Y SIP Return % 6.88 6.63 5.86 | 6.93 2 | 16 Very Good
    10Y SIP Return % 6.63 6.47 5.85 | 6.66 3 | 11 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 : Sept. 9, 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
    09-09-2026 40.1522 43.2183
    08-09-2026 40.1504 43.2156
    07-09-2026 40.1637 43.2292
    04-09-2026 40.0777 43.1346
    03-09-2026 40.1292 43.1892
    02-09-2026 40.1456 43.2063
    01-09-2026 40.2013 43.2655
    31-08-2026 40.1221 43.1795
    28-08-2026 40.0814 43.1337
    27-08-2026 40.0494 43.0985
    26-08-2026 39.977 43.02
    25-08-2026 40.0801 43.1302
    24-08-2026 40.1055 43.1569
    21-08-2026 40.0796 43.1269
    20-08-2026 40.0301 43.073
    19-08-2026 40.066 43.1109
    18-08-2026 40.0094 43.0493
    17-08-2026 39.9544 42.9895
    14-08-2026 39.9897 43.0255
    13-08-2026 40.0127 43.0495
    12-08-2026 40.0275 43.0647
    11-08-2026 40.0027 43.0374
    10-08-2026 39.9947 43.0281

    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.