Kotak Arbitrage Fund - Direct Plan - IDCW

NAVs of 6 Nov 2026

Kotak Mahindra Mutual Fund · Hybrid fund · Direct plan · IDCW

ArbitrageDirect · IDCWRisk: Low

NAV · 5 Nov 2026

₹11.2106 ▼ 0.04%

Kotak Mahindra Mutual Fund

Fund size₹74,963 crJuly - September 2026

1-month range₹11.18 – 11.27

1 year-0.02%

Expense ratio2.27%direct plan, a year

5 years-0.00%a year

What the fund does

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. However, there is no assurance that the objective of the scheme will be realized.

BenchmarkNifty 50 Arbitrage

Launched29 Sept 2005

Fund houseKotak Mahindra Mutual Fund

Fund managersHiten Shah

NAV history

Returns

1 week

+0.23%avg 0.2%

1 month

-0.10%avg 0.4%

3 months

-0.02%avg 1.5%

6 months

+0.19%avg 3.2%

This year

0.00%avg 5.5%

1 year

-0.02%avg 6.5%

3 years (a year)

-0.04%avg 7.2%

5 years (a year)

-0.00%avg 6.7%

Bars: this plan; the thin mark is the Arbitrage average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.2
2025	-0.0	-0.1	+0.3	+0.0	-0.2	-0.1	+0.5	-0.5	+0.4	-0.5	+0.1	+0.1
2026	-0.0	+0.0	+0.0	-0.2	-0.2	+0.3	+0.2	+0.2	-0.3	+0.0	+0.1

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Risk

Volatility2.4%yearly, from daily NAVs

Worst fall-1.58%31 May 2017 → 31 Jul 2017

RiskometerLowLow

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹74,963 cr across all plans · this plan ₹86.46 cr
Fund house	Kotak Mahindra Mutual Fund
Category	Hybrid · Arbitrage
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 2.27% · Regular 2.86% (3 Nov 2026)
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.
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	119770
ISIN	INF174K01LE2
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹43.6278	+6.66%
Regular · Growth	₹40.4952	+6.01%
Regular · IDCW	₹10.7268	-0.02%

Top Arbitrage funds (direct plans)

Fund	1 year	3 years (a year)
Invesco India Arbitrage Fund	+6.76%	+7.43%
Kotak Arbitrage Fund	+6.66%	+7.41%
ADITYA BIRLA SUN LIFE ARBITRAGE FUND	+6.65%	+7.38%
Edelweiss Arbitrage Fund	+6.58%	+7.36%
Axis Arbitrage Fund	+6.57%	+7.29%
UTI - Arbitrage Fund	+6.51%	+7.28%
Nippon India Arbitrage Fund	+6.64%	+7.27%
BANDHAN Arbitrage Fund	+6.40%	+7.26%

All Arbitrage funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Kotak Arbitrage Fund - Direct Plan - IDCW today?

₹11.2106 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Kotak Arbitrage Fund - Direct Plan - IDCW?

1 year: -0.02%, 3 years: -0.04% a year, 5 years: -0.00% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.