Direct Plan · Growth · Arbitrage · Scheme code 119771
NAV₹43.7214as on 12 Nov 2026
Fund houseKotak Mahindra Mutual Fund
CategoryArbitrage
Plan & optionDirect · Growth
History13.8 years
Returns (%)
1M
3M
6M
1Y
3Y
5Y
7Y
10Y
Launch
This scheme
0.70
1.56
3.34
6.88
7.42
7.01
6.36
6.46
7.07
Arbitrage category median
—
—
—
6.70
7.22
6.76
—
6.37
—
Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
0.6%
1.63
2.88
—
—
-0.6%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
— months this scheme and its benchmark share.
Growth of ₹100 since launch
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
3,158
3.6%
6.9%
10.7%
0%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
Kotak Arbitrage Fund
Direct Plan · Growth
Allocation
By asset
Mutual Fund Units
24.73%
Debt
8.94%
Cash & Equivalents
1.28%
By market cap
Unclassified
33.67%
Concentration
Number of stocks
508
Top 5 stocks
28.22%
Top 10 stocks
39.92%
Top 20 stocks
52.58%
Lines in the filing
512
Largest holding
9.67%
Largest sector
Mutual Fund 24.73%
Effective stocks
32.5
Sectors held
50
Cash
0.00%
Effective stocks is what the concentration works out to: a fund holding
508 names but most of its money in a few
behaves like a fund of 33. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Mutual Fund
24.73%
Banks
11.99%
Petroleum Products
4.91%
Pharmaceuticals and Biotechnology
4.20%
Finance
4.01%
CARE A1+
3.92%
IT - Software
3.88%
Power
3.41%
CRISIL A1+
2.98%
Automobiles
2.78%
Ferrous Metals
2.55%
Telecom - Services
2.24%
Non - Ferrous Metals
2.06%
FITCH A1+
1.95%
Electrical Equipment
1.68%
Auto Components
1.64%
Diversified FMCG
1.63%
Capital Markets
1.54%
Insurance
1.49%
Retailing
1.43%
Kotak Arbitrage Fund
Direct Plan · Growth · holdings as on 31 Oct 2026
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
Kotak Money Market Fund Direct Growth
Mutual Fund
14,979,603
7,388
9.67%
2
Kotak Liquid Direct Growth
Mutual Fund
8,362,497
4,834
6.33%
3
Kotak Savings Fund Direct Growth
Mutual Fund
771,352,394
3,762
4.92%
4
Kotak Ultra Short to Short Term Fund
Mutual Fund
7,367,484
2,909
3.81%
5
RELIANCE INDUSTRIES LTD.
Petroleum Products
22,911,000
2,669
3.49%
6
ICICI BANK LTD.
Banks
15,300,600
2,139
2.80%
7
AXIS BANK LTD.
Banks
17,255,000
2,100
2.75%
8
HDFC BANK LTD.
Banks
23,953,800
1,660
2.17%
9
Infosys Ltd.
IT - Software
13,252,000
1,570
2.06%
10
HDFC BANK LTD.
CARE A1+
150,000
1,467
1.92%
11
Hindalco Industries Ltd.
Non - Ferrous Metals
14,919,100
1,320
1.73%
12
STATE BANK OF INDIA.
Banks
11,810,250
1,136
1.49%
13
ADANI POWER LTD
Power
56,192,950
1,062
1.39%
14
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
CARE A1+
105,000
1,026
1.34%
15
Tata Steel Ltd.
Ferrous Metals
58,962,750
988
1.29%
16
AXIS BANK LTD.
CRISIL A1+
100,000
982
1.29%
17
Divis Laboratories Ltd.
Pharmaceuticals and Biotechnology
889,600
870
1.14%
18
Vodafone Idea Ltd
Telecom - Services
715,321,800
846
1.11%
19
Net Current Assets/(Liabilities)
Unclassified
—
844
1.06%
20
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
FITCH A1+
75,000
733
0.96%
21
ITC Ltd.
Diversified FMCG
26,549,475
705
0.92%
22
BAJAJ FINANCE LTD.
Finance
7,419,750
697
0.91%
23
Adani Enterprises Ltd
Metals and Minerals Trading
2,514,951
649
0.85%
24
Tech Mahindra Ltd.
IT - Software
3,510,000
629
0.82%
25
TVS Motor Company Ltd.
Automobiles
1,495,725
627
0.82%
26
BHARTI AIRTEL LTD.
Telecom - Services
2,960,675
584
0.76%
27
BSE LTD
Capital Markets
1,601,800
562
0.74%
28
Power Finance Corporation Ltd.
Finance
17,737,200
556
0.73%
29
PB Fintech Ltd.
Financial Technology (Fintech)
5,514,250
551
0.72%
30
NTPC LTD
Power
17,503,500
554
0.72%
Kotak Arbitrage Fund
Direct Plan · Growth · where the money sits
What the manager did last month
Between the filings of 30 Sep 2026 and 31 Oct 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹2,470 cr
₹0 cr
14
8
+0.32%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
DATA PATTERNS (INDIA) LTD.-NOV2026
-125
entered
—
-0.1
TATA ELXSI LTD.-NOV2026
-375
entered
—
-0.1
Coromandel International Ltd.-NOV2026
-2,100
entered
—
-0.4
Siemens Ltd.-NOV2026
-2,450
entered
—
-0.8
City Union Bank Ltd.-NOV2026
-60,450
entered
—
-1.3
KARUR VYSYA BANK LTD.-NOV2026
-55,800
entered
—
-2.0
INDIAN RAILWAY FINANCE CORPORATION LTD.-NOV2026
-770,350
entered
—
-5.7
KFIN TECHNOLOGIES LTD.-NOV2026
-91,425
entered
—
-7.8
Added to
Kotak Liquid Direct Growth
4,273,647
+104.5%
+0.4%
2,470
Sold out of
KAYNES TECHNOLOGY INDIA LTD.-OCT2026
-450
exited
—
-0.2
ATHER ENERGY LTD-OCT2026
-8,250
exited
—
-1.2
PREMIER ENERGIES LIMITED-OCT2026
-20,150
exited
—
-1.8
BHARAT DYNAMICS LTD-OCT2026
-37,825
exited
—
-4.2
Hero MotoCorp Ltd.-OCT2026
-11,550
exited
—
-6.1
FSN E-COMMERCE VENTURES LTD.-OCT2026
-956,250
exited
—
-30.8
Bajaj Holdings and Investment Ltd.-OCT2026
-32,550
exited
—
-35.3
PERSISTENT SYSTEMS LIMITED-OCT2026
-69,125
exited
—
-36.4
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹4,355 cr
₹6,848 cr
+₹2,493 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
A ₹10,000 monthly SIP over five years
Invested
Value
Gain
XIRR
₹600,000
₹720,890
₹120,890
7.28%
XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has
been invested for a different length of time.
Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 13 Nov 2026.
