Kotak Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹40.23-0.07%1 day
- Return since launch
- 6.9%
- 52-week range
- ₹37.91 — ₹40.26
- AUM
- ₹75,712 Cr
Kotak Arbitrage Fund is a Arbitrage hybrid fund from Kotak Mahindra Mutual Fund with ₹75,712 Cr under management, launched in 2005. Over three years it has returned 6.4% a year, against 6.5% for its category. The expense ratio is 2.98% and the SEBI riskometer reading is Low.
Performance
Kotak Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.1% against +6.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.0% | +0.2 pts | 5.9% | 5.8% |
| 2Y | 6.1% | +0.2 pts | 5.9% | 6.0% |
| 3Y | 6.4% | −0.1 pts | 6.5% | 6.2% |
| 5Y | 6.6% | +0.7 pts | 5.9% | 6.3% |
| 7Y | 6.2% | +0.3 pts | 5.9% | 5.9% |
| 10Y | 6.0% | +0.4 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.4% | +0.1 pts | 1.3% | 1.3% |
| 6M | 2.9% | +0.2 pts | 2.7% | 2.8% |
| 1Y | 6.1% | +0.3 pts | 5.9% | 6.0% |
| 2Y | 6.3% | +0.3 pts | 6.1% | 6.2% |
| 3Y | 6.9% | +0.4 pts | 6.5% | 6.6% |
| 5Y | 6.3% | +0.4 pts | 5.9% | 6.0% |
| 7Y | 5.8% | +0.4 pts | 5.4% | 5.4% |
| 10Y | 5.9% | +0.3 pts | 5.6% | 5.6% |
Since launch (12 Sep 2005): 6.9%
Calendar-year returns
Category average4.3%
4.0%
4.5%
7.4%
7.8%
6.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.4% | −0.5 pts | 6.9% |
| 2024 | 7.8% | −0.2 pts | 8.0% |
| 2023 | 7.4% | −0.3 pts | 7.6% |
| 2022 | 4.5% | −0.1 pts | 4.6% |
| 2021 | 4.0% | −0.2 pts | 4.1% |
| 2020 | 4.3% | −0.4 pts | 4.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.92%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.84%
- Brokerage
- 0.14%
- Transaction charges
- 0.08%
- Statutory levies
- 1.85%
- Exit load
- Exit load of 0.25% if redeemed within 30 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Arbitrage TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low
Your principal is treated as being at low risk — typically overnight and very short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.67 | 0.60 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.90 | 1.87 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.37 | 2.29 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.54 | 0.50 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 3 category peers | |||
Portfolio
Kotak Arbitrage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt24.9%
- Other75.4%
Market cap split
- Large76.0%
- Mid20.4%
- Small3.6%
- P/E
- 16.45
- P/B
- 2.67
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 75.16% | ₹56,905 Cr | +294.48% | +269.82% | +299.57% |
| Kotak Money Market Fund Direct-Growth | Unclassified | 9.68% | ₹7,326 Cr | +11.32% | +11.32% | +12.08% |
| Kotak Ultra Short Term Fund Direct-Growth | Unclassified | 4.53% | ₹3,433 Cr | +5.43% | +5.63% | +4.99% |
| Axis Bank Ltd. | Financial | 3.51% | ₹2,658 Cr | -3.46% | -2.96% | -5.66% |
| HDFC Bank Ltd. | Financial | 2.90% | ₹2,199 Cr | -1.28% | -0.01% | -6.84% |
| Kotak Ultra Short to Short Term Fund Direct-Growth | Unclassified | 2.77% | ₹2,097 Cr | +2.84% | +1.81% | — |
| ICICI Bank Ltd. | Financial | 2.43% | ₹1,838 Cr | -9.45% | +5.80% | +6.67% |
| Reliance Industries Ltd. | Energy | 1.99% | ₹1,506 Cr | 0.00% | -0.01% | -6.13% |
| Bajaj Finance Ltd. | Financial | 1.76% | ₹1,334 Cr | -1.47% | 0.00% | -0.60% |
| Vodafone Idea Ltd. | Communication | 1.65% | ₹1,251 Cr | -3.50% | -3.03% | -0.96% |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.54% | ₹1,162 Cr | +0.39% | +0.07% | +1.34% |
| State Bank of India | Financial | 1.51% | ₹1,142 Cr | -0.25% | -0.98% | -0.33% |
| Bharti Airtel Ltd. | Communication | 1.47% | ₹1,111 Cr | -1.45% | -0.07% | -2.48% |
| Coal India Ltd. | Materials | 1.38% | ₹1,042 Cr | -1.00% | -0.58% | 0.00% |
| Hindalco Industries Ltd. | Metals & Mining | 1.29% | ₹978 Cr | -1.14% | -0.64% | -1.37% |
| Adani Power Ltd. | Energy | 1.24% | ₹937 Cr | -0.20% | — | — |
| Kotak Liquid - Plan A - Direct Plan-Growth | Unclassified | 1.19% | ₹897 Cr | +1.15% | +7.28% | +4.98% |
| NTPC Ltd. | Energy | 1.18% | ₹895 Cr | -0.70% | -2.03% | -1.73% |
| Tata Steel Ltd. | Metals & Mining | 1.08% | ₹821 Cr | -1.23% | -1.49% | +2.04% |
| ITC Ltd. | Consumer Staples | 1.03% | ₹777 Cr | -0.16% | 0.00% | -0.17% |
| Bank Of Baroda | Financial | 0.98% | ₹742 Cr | -0.02% | -0.36% | -0.03% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.98% | ₹742 Cr | -1.49% | -1.97% | -0.01% |
| Canara Bank | Financial | 0.96% | ₹723 Cr | 0.00% | -0.91% | -0.01% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.89% | ₹674 Cr | -0.06% | -1.20% | -2.04% |
| Samvardhana Motherson International Ltd. | Automobile | 0.89% | ₹674 Cr | 0.00% | -0.11% | -1.01% |
| Adani Green Energy Ltd. | Capital Goods | 0.87% | ₹656 Cr | 0.00% | -0.69% | -0.02% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.86% | ₹650 Cr | -0.09% | -1.62% | -1.11% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.82% | ₹622 Cr | -1.52% | -0.96% | 0.00% |
| Indian Oil Corporation Ltd. | Energy | 0.81% | ₹615 Cr | -0.01% | -0.12% | -0.29% |
| Kotak Mahindra Bank Ltd. | Financial | 0.81% | ₹611 Cr | -1.71% | 0.00% | -2.16% |
| Power Finance Corporation Ltd. | Financial | 0.75% | ₹571 Cr | -0.08% | -0.15% | 0.00% |
| Cummins India Ltd. | Capital Goods | 0.74% | ₹563 Cr | -0.80% | -0.71% | — |
| Divi's Laboratories Ltd. | Healthcare | 0.70% | ₹528 Cr | -0.69% | -0.63% | -0.01% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.69% | ₹526 Cr | -0.19% | -0.83% | -0.45% |
| Larsen & Toubro Ltd. | Construction | 0.68% | ₹513 Cr | -0.23% | -1.46% | -1.52% |
| Hindustan Zinc Ltd. | Metals & Mining | 0.66% | ₹498 Cr | -1.42% | +1.30% | -0.80% |
| Yes Bank Ltd. | Financial | 0.63% | ₹474 Cr | -0.20% | -0.65% | 0.00% |
| GE Vernova T&D India Ltd | Capital Goods | 0.60% | ₹453 Cr | -0.04% | — | — |
| Eicher Motors Ltd. | Automobile | 0.58% | ₹439 Cr | 0.00% | -0.87% | -0.31% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.58% | ₹435 Cr | -0.98% | -0.04% | -0.22% |
| SBI Life Insurance Company Ltd. | Insurance | 0.57% | ₹428 Cr | -0.69% | -0.91% | -0.58% |
| Lupin Ltd. | Healthcare | 0.56% | ₹423 Cr | -0.13% | -0.26% | -0.01% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.56% | ₹422 Cr | -0.01% | -0.01% | -0.04% |
| Ashok Leyland Ltd. | Automobile | 0.52% | ₹391 Cr | -1.22% | — | -0.20% |
| Interglobe Aviation Ltd. | Services | 0.51% | ₹389 Cr | -1.01% | -0.47% | -0.01% |
| Tata Consultancy Services Ltd. | Technology | 0.51% | ₹388 Cr | -0.31% | -0.01% | -0.49% |
| IDFC First Bank Ltd. | Financial | 0.49% | ₹374 Cr | -0.04% | -0.42% | 0.00% |
| Vedanta Ltd. | Metals & Mining | 0.49% | ₹372 Cr | — | -1.95% | -0.93% |
| Punjab National Bank | Financial | 0.48% | ₹363 Cr | -0.15% | -1.25% | -0.03% |
| Fortis Healthcare Ltd. | Healthcare | 0.46% | ₹347 Cr | -0.52% | -0.46% | -0.84% |
| JSW Steel Ltd. | Metals & Mining | 0.46% | ₹346 Cr | -1.95% | -4.00% | -3.42% |
| Godrej Properties Ltd. | Construction | 0.45% | ₹343 Cr | — | -0.10% | 0.00% |
| Steel Authority Of India Ltd. | Metals & Mining | 0.44% | ₹333 Cr | -0.74% | -0.88% | -0.24% |
| Varun Beverages Ltd. | Consumer Staples | 0.44% | ₹331 Cr | -0.08% | -0.30% | 0.00% |
| NMDC Ltd. | Metals & Mining | 0.43% | ₹324 Cr | -0.05% | 0.00% | 0.00% |
| Tata Power Company Ltd. | Energy | 0.42% | ₹318 Cr | -0.30% | -0.53% | -0.11% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.42% | ₹316 Cr | -0.56% | -0.18% | -1.67% |
| Ambuja Cements Ltd. | Materials | 0.42% | ₹316 Cr | -0.44% | -0.90% | -0.06% |
| Union Bank of India | Financial | 0.37% | ₹280 Cr | -0.62% | — | -0.81% |
| Max Financial Services Ltd. | Financial | 0.37% | ₹280 Cr | -0.97% | -1.05% | -0.52% |
| Maruti Suzuki India Ltd. | Automobile | 0.37% | ₹280 Cr | -0.09% | -1.27% | -0.14% |
| Bharat Electronics Ltd. | Capital Goods | 0.36% | ₹276 Cr | -0.02% | -0.31% | -2.34% |
| Hitachi Energy India Ltd. | Capital Goods | 0.36% | ₹274 Cr | -0.11% | -0.03% | — |
| Ultratech Cement Ltd. | Materials | 0.36% | ₹271 Cr | -1.25% | -0.64% | 0.00% |
| Mahindra & Mahindra Ltd. | Automobile | 0.35% | ₹266 Cr | -1.40% | +1.46% | -1.54% |
| Aurobindo Pharma Ltd. | Healthcare | 0.35% | ₹263 Cr | -0.63% | -0.97% | -0.03% |
| The Indian Hotels Company Ltd. | Services | 0.35% | ₹262 Cr | -0.53% | -0.09% | -0.01% |
| Bajaj Finserv Ltd. | Financial | 0.34% | ₹258 Cr | -0.05% | -1.42% | -0.01% |
| TVS Motor Company Ltd. | Automobile | 0.32% | ₹244 Cr | -0.11% | -1.40% | -0.80% |
| Info Edge (India) Ltd. | Services | 0.32% | ₹244 Cr | -1.01% | -0.21% | -0.34% |
| Hero Motocorp Ltd. | Automobile | 0.32% | ₹242 Cr | 0.00% | -0.79% | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.32% | ₹242 Cr | -0.15% | -0.44% | -0.31% |
| PNB Housing Finance Ltd. | Financial | 0.32% | ₹241 Cr | -0.58% | -0.14% | -0.35% |
| Asian Paints Ltd. | Materials | 0.31% | ₹238 Cr | -0.65% | -0.17% | -0.27% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.31% | ₹235 Cr | -0.32% | -0.03% | -0.15% |
| company:5765 | Insurance | 0.31% | ₹231 Cr | -0.08% | -0.23% | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.30% | ₹228 Cr | -1.53% | -1.22% | -0.35% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.30% | ₹227 Cr | -0.19% | 0.00% | -0.41% |
| Delhivery Ltd. | Services | 0.30% | ₹226 Cr | -0.53% | -0.80% | -0.27% |
| Manappuram Finance Ltd. | Financial | 0.29% | ₹223 Cr | -0.42% | -0.51% | -0.31% |
| Adani Enterprises Ltd. | Services | 0.29% | ₹221 Cr | -1.92% | -0.02% | -0.10% |
| Muthoot Finance Ltd. | Financial | 0.29% | ₹219 Cr | -0.02% | +0.60% | -0.54% |
| JIO Financial Services Ltd. | Financial | 0.29% | ₹217 Cr | -0.10% | -1.67% | -0.04% |
| Cipla Ltd. | Healthcare | 0.28% | ₹215 Cr | -0.05% | -0.04% | -0.44% |
| Alkem Laboratories Ltd. | Healthcare | 0.28% | ₹212 Cr | -0.04% | -0.21% | -0.68% |
| Solar Industries India Ltd. | Chemicals | 0.28% | ₹212 Cr | -0.75% | -0.23% | 0.00% |
| Shriram Finance Ltd | Financial | 0.28% | ₹210 Cr | -0.30% | -0.42% | -0.01% |
| Biocon Ltd. | Healthcare | 0.27% | ₹203 Cr | -1.08% | -0.25% | 0.00% |
| Pidilite Industries Ltd. | Chemicals | 0.26% | ₹201 Cr | -0.40% | -0.01% | -0.82% |
| Bandhan Bank Ltd. | Financial | 0.26% | ₹197 Cr | -0.72% | -0.61% | -0.01% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.25% | ₹192 Cr | 0.00% | -0.45% | 0.00% |
| LIC Housing Finance Ltd. | Financial | 0.25% | ₹186 Cr | -0.26% | -0.54% | +0.39% |
| Tube Investments Of India Ltd. | Automobile | 0.24% | ₹180 Cr | -0.06% | 0.00% | +0.26% |
| Bank of India | Financial | 0.23% | ₹174 Cr | 0.00% | -0.08% | 0.00% |
| Power Grid Corporation Of India Ltd. | Energy | 0.22% | ₹170 Cr | -0.36% | -1.06% | 0.00% |
| Dabur India Ltd. | Consumer Staples | 0.20% | ₹155 Cr | -0.17% | -0.47% | 0.00% |
| HDFC Asset Management Company Ltd. | Financial | 0.20% | ₹154 Cr | -0.86% | -0.24% | -0.23% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.20% | ₹154 Cr | -0.24% | -0.49% | -0.58% |
| National Aluminium Company Ltd. | Metals & Mining | 0.19% | ₹141 Cr | 0.00% | -0.72% | 0.00% |
| Indian Energy Exchange Ltd. | Services | 0.18% | ₹133 Cr | 0.00% | -0.20% | -0.02% |
| DLF Ltd. | Construction | 0.16% | ₹121 Cr | — | -0.48% | -0.60% |
| Computer Age Management Services Ltd. | Services | 0.16% | ₹120 Cr | 0.00% | -0.09% | -0.18% |
| PG Electroplast Ltd. | Capital Goods | 0.16% | ₹119 Cr | -0.05% | -0.11% | -0.07% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.15% | ₹112 Cr | 0.00% | -1.95% | -0.34% |
| Max Healthcare Institute Ltd. | Healthcare | 0.13% | ₹101 Cr | -0.35% | -0.23% | -1.03% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.13% | ₹99.14 Cr | -0.30% | -0.13% | -0.18% |
| Bosch Ltd. | Automobile | 0.12% | ₹93.40 Cr | -0.64% | -0.39% | -0.35% |
| company:19532 | Services | 0.11% | ₹83.67 Cr | — | — | — |
| Motilal Oswal Financial Services Ltd. | Financial | 0.11% | ₹83.57 Cr | -0.18% | — | — |
| JSW Energy Ltd. | Capital Goods | 0.10% | ₹75.35 Cr | -0.09% | -0.05% | -0.58% |
| UNO Minda Ltd. | Automobile | 0.10% | ₹73.96 Cr | -0.15% | -0.68% | -0.27% |
| GAIL (India) Ltd. | Energy | 0.10% | ₹73.19 Cr | -0.17% | -1.28% | 0.00% |
| Polycab India Ltd. | Capital Goods | 0.09% | ₹69.30 Cr | -0.34% | -0.45% | -0.03% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 0.09% | ₹65.88 Cr | -0.08% | — | 0.00% |
| GMR Airports Ltd. | Construction | 0.08% | ₹60.46 Cr | 0.00% | -0.44% | -0.72% |
| Prestige Estates Projects Ltd. | Construction | 0.08% | ₹57.42 Cr | — | -0.33% | -0.34% |
| FSN E-Commerce Ventures Ltd. | Services | 0.07% | ₹54.64 Cr | -0.54% | -0.63% | — |
| Grasim Industries Ltd. | Materials | 0.06% | ₹48.80 Cr | -2.13% | -2.32% | +1.96% |
| PB Fintech Ltd. | Services | 0.06% | ₹48.60 Cr | — | -0.88% | 0.00% |
| National Bank For Agriculture & Rural Development | Financial | 0.06% | ₹48.38 Cr | +0.99% | +0.99% | +1.07% |
| UPL Ltd. | Chemicals | 0.06% | ₹45.46 Cr | -0.57% | -0.55% | -0.04% |
| Inox Wind Ltd. | Capital Goods | 0.05% | ₹35.88 Cr | 0.00% | 0.00% | +0.14% |
| Aditya Birla Capital Ltd. | Financial | 0.05% | ₹35.79 Cr | -0.73% | 0.00% | -0.27% |
| NBCC (India) Ltd. | Construction | 0.04% | ₹33.72 Cr | -0.36% | -0.08% | -0.25% |
| Supreme Industries Ltd. | Materials | 0.04% | ₹27.37 Cr | -0.39% | — | -0.42% |
| Jindal Steel Ltd. | Metals & Mining | 0.01% | ₹5.14 Cr | -0.73% | -0.14% | -0.37% |
| Bharat Forge Ltd. | Automobile | 0.01% | ₹4.98 Cr | -0.13% | -0.08% | +0.01% |
| Nestle India Ltd. | Consumer Staples | 0.01% | ₹4.64 Cr | -0.48% | -0.67% | -0.01% |
| Indus Towers Ltd. | Communication | 0.01% | ₹4.54 Cr | 0.00% | -1.45% | -1.04% |
| One97 Communications Ltd. | Services | 0.01% | ₹4.14 Cr | -0.24% | -1.00% | -1.69% |
| Mankind Pharma Ltd. | Healthcare | 0.00% | ₹2.15 Cr | -0.18% | -0.01% | -0.33% |
| Suzlon Energy Ltd. | Capital Goods | 0.00% | ₹1.82 Cr | -0.16% | -0.58% | -0.34% |
| Bajaj Holdings & Investment Ltd. | Financial | 0.00% | ₹1.54 Cr | -0.14% | -0.21% | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.00% | ₹1.41 Cr | -0.57% | -0.14% | -0.51% |
| ABB India Ltd. | Capital Goods | 0.00% | ₹0.99 Cr | — | -0.38% | -0.42% |
| Oracle Financial Services Software Ltd. | Technology | 0.00% | ₹0.89 Cr | — | — | -0.05% |
| Vishal Mega Mart Ltd. | Services | 0.00% | ₹0.80 Cr | -0.13% | — | — |
| Indian Bank | Financial | 0.00% | ₹0.27 Cr | — | -0.10% | — |
| Bajaj Auto Ltd. | Automobile | 0.00% | ₹0.26 Cr | — | — | -0.19% |
| Avenue Supermarts Ltd. | Services | 0.00% | ₹0.26 Cr | -0.30% | — | — |
| company:19816 | Automobile | 0.00% | ₹0.17 Cr | — | — | — |
| Indusind Bank Ltd. | Financial | 0.00% | ₹0.03 Cr | -0.74% | -0.06% | -0.01% |
| L&T Finance Ltd. | Financial | 0.00% | ₹0.02 Cr | 0.00% | — | 0.00% |
| Godfrey Phillips India Ltd. | Consumer Staples | 0.00% | ₹0.01 Cr | -0.02% | — | — |
| Premier Energies Ltd. | Energy | 0.00% | ₹0.01 Cr | 0.00% | 0.00% | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | 0.00% | -0.76% | -0.23% |
| Havells India Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.41% | -0.31% | -0.15% |
| Petronet LNG Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.04% | -0.02% | -0.01% |
| Kaynes Technology India Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | — | -0.17% | -0.47% |
| Force Motors Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | — |
| Britannia Industries Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.20% | -1.39% | -1.22% |
| Tata Elxsi Ltd. | Technology | -0.00% | ₹-0.02 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | -0.00% | ₹-0.03 Cr | -0.09% | -0.18% | -0.10% |
| The Phoenix Mills Ltd. | Construction | -0.00% | ₹-0.06 Cr | — | -0.39% | -0.17% |
| Persistent Systems Ltd. | Technology | -0.00% | ₹-0.07 Cr | — | -0.32% | 0.00% |
| Angel One Ltd. | Financial | -0.00% | ₹-0.07 Cr | -0.03% | -0.07% | -0.12% |
| Rail Vikas Nigam Ltd. | Construction | -0.00% | ₹-0.09 Cr | -0.02% | — | — |
| company:11470 | Energy | -0.00% | ₹-0.13 Cr | -0.33% | -0.10% | -0.05% |
| company:8283 | Textiles | -0.00% | ₹-0.14 Cr | 0.00% | -0.03% | — |
| KPIT Technologies Ltd. | Technology | -0.00% | ₹-0.14 Cr | — | -0.08% | — |
| company:8290 | Materials | -0.00% | ₹-0.16 Cr | -0.01% | — | -0.26% |
| company:3471 | Materials | -0.00% | ₹-0.16 Cr | — | — | -0.34% |
| Oberoi Realty Ltd. | Construction | -0.00% | ₹-0.17 Cr | — | — | -0.39% |
| 360 One Wam Ltd. | Financial | -0.00% | ₹-0.18 Cr | -0.42% | -0.05% | -0.25% |
| Mphasis Ltd. | Technology | -0.00% | ₹-0.20 Cr | -0.04% | -0.21% | -0.20% |
| Trent Ltd. | Services | -0.00% | ₹-0.34 Cr | +0.09% | -0.16% | 0.00% |
| Cochin Shipyard Ltd. | Capital Goods | -0.00% | ₹-0.40 Cr | — | — | — |
| Titan Company Ltd. | Consumer Discretionary | -0.00% | ₹-0.48 Cr | -0.63% | -0.81% | -0.69% |
| company:5657 | Financial | -0.00% | ₹-0.54 Cr | — | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | -0.00% | ₹-0.61 Cr | -0.58% | — | -0.32% |
| company:16288 | Capital Goods | -0.00% | ₹-0.63 Cr | 0.00% | -0.05% | 0.00% |
| Patanjali Foods Ltd. | Consumer Staples | -0.00% | ₹-0.67 Cr | 0.00% | -0.33% | -0.45% |
| Coforge Ltd. | Technology | -0.00% | ₹-0.68 Cr | -0.02% | -1.42% | -0.36% |
| Central Depository Services (India) Ltd. | Financial | -0.00% | ₹-0.72 Cr | -0.01% | — | — |
| company:5865 | Financial | -0.00% | ₹-0.73 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | -0.00% | ₹-0.82 Cr | -0.11% | -0.08% | -0.02% |
| Infosys Ltd. | Technology | -0.00% | ₹-0.85 Cr | -0.02% | 0.00% | -1.36% |
| Zydus Lifesciences Ltd. | Healthcare | -0.00% | ₹-1.06 Cr | -0.28% | -0.14% | -0.08% |
| HCL Technologies Ltd. | Technology | -0.00% | ₹-1.18 Cr | — | — | -1.74% |
| company:14901 | Financial | -0.00% | ₹-1.36 Cr | -0.07% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | -0.00% | ₹-1.45 Cr | -0.03% | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | -0.00% | ₹-1.48 Cr | -0.42% | -0.20% | -0.75% |
| Oil And Natural Gas Corporation Ltd. | Energy | -0.00% | ₹-1.57 Cr | -0.30% | -1.48% | -0.01% |
| SRF Ltd. | Chemicals | -0.00% | ₹-1.61 Cr | -0.06% | -0.26% | -0.55% |
| Voltas Ltd. | Consumer Discretionary | -0.00% | ₹-1.75 Cr | — | — | — |
| Container Corporation Of India Ltd. | Services | -0.00% | ₹-1.79 Cr | 0.00% | 0.00% | 0.00% |
| company:7925 | Technology | -0.00% | ₹-1.89 Cr | — | -0.78% | -0.38% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-2.82 Cr | -0.83% | -0.51% | -0.61% |
| BSE Ltd. | Services | -0.00% | ₹-3.50 Cr | -0.61% | -0.02% | -1.04% |
| Marico Ltd. | Consumer Staples | -0.01% | ₹-4.27 Cr | +0.06% | -0.13% | +0.86% |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | -0.01% | ₹-6.22 Cr | -0.01% | -0.13% | -0.23% |
| Adani Energy Solutions Ltd. | Energy | -0.01% | ₹-7.60 Cr | 0.00% | -1.04% | -0.44% |
| The Indian Hotels Company Ltd Rights | Services | -0.06% | ₹-43.99 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 68.81% | 74.51% | +5.70% |
| Kotak Liquid - Plan A - Direct Plan-Growth | 4.49% | 1.19% | -3.31% |
| Axis Bank Ltd. | -2.74% | -0.00% | +2.74% |
| Coal India Ltd. | -1.04% | -0.03% | +1.00% |
| Kotak Mahindra Bank Ltd. | -1.02% | -0.12% | +0.90% |
| Bajaj Finance Ltd. | -0.93% | -0.04% | +0.89% |
| Indus Towers Ltd. | -0.03% | -0.80% | -0.77% |
| Yes Bank Ltd. | -0.72% | -0.00% | +0.72% |
| Ashok Leyland Ltd. | -0.65% | -0.00% | +0.65% |
| JSW Steel Ltd. | -0.70% | -0.06% | +0.64% |
| The Indian Hotels Company Ltd. | -0.26% | 0.35% | +0.61% |
| Power Finance Corporation Ltd. | -0.60% | -0.00% | +0.60% |
| Bank Of Baroda | 0.57% | -0.01% | -0.58% |
| Max Financial Services Ltd. | -0.57% | -0.00% | +0.57% |
| Muthoot Finance Ltd. | -0.55% | -0.00% | +0.54% |
| PB Fintech Ltd. | -0.57% | -0.04% | +0.53% |
| Infosys Ltd. | -0.24% | -0.75% | -0.51% |
| Pidilite Industries Ltd. | -0.50% | -0.00% | +0.50% |
| Divi's Laboratories Ltd. | -0.50% | -0.00% | +0.50% |
| GE Vernova T&D India Ltd | -0.55% | -0.05% | +0.50% |
| Cholamandalam Investment and Finance Company Ltd. | -0.47% | -0.00% | +0.47% |
| Samvardhana Motherson International Ltd. | -0.44% | -0.01% | +0.43% |
| Ambuja Cements Ltd. | -0.44% | -0.03% | +0.41% |
| company:7925 | 0.00% | -0.41% | -0.41% |
| Larsen & Toubro Ltd. | -0.48% | -0.07% | +0.41% |
| APL Apollo Tubes Ltd. | -0.24% | -0.63% | -0.40% |
| Bharat Petroleum Corporation Ltd. | -0.45% | -0.06% | +0.39% |
| Eicher Motors Ltd. | -0.39% | -0.00% | +0.39% |
| Kalyan Jewellers India Ltd. | -0.00% | -0.39% | -0.38% |
| Mahindra & Mahindra Ltd. | -0.38% | -0.00% | +0.38% |
| Oil And Natural Gas Corporation Ltd. | -0.00% | -0.36% | -0.36% |
| Hitachi Energy India Ltd. | -0.54% | -0.19% | +0.35% |
| Adani Ports and Special Economic Zone Ltd. | -0.34% | -0.00% | +0.34% |
| Hindalco Industries Ltd. | -0.34% | -0.00% | +0.34% |
| National Aluminium Company Ltd. | -0.34% | -0.00% | +0.34% |
| Union Bank of India | -0.32% | -0.00% | +0.32% |
| Manappuram Finance Ltd. | -0.31% | -0.00% | +0.31% |
| Alkem Laboratories Ltd. | -0.34% | -0.03% | +0.31% |
| UPL Ltd. | -0.30% | -0.00% | +0.29% |
| Container Corporation Of India Ltd. | -0.00% | -0.29% | -0.29% |
| Hindustan Unilever Ltd. | -0.27% | -0.01% | +0.26% |
| Tube Investments Of India Ltd. | -0.29% | -0.03% | +0.26% |
| Ultratech Cement Ltd. | -0.26% | -0.01% | +0.25% |
| Biocon Ltd. | -0.26% | -0.00% | +0.25% |
| Tata Steel Ltd. | -0.26% | -0.01% | +0.25% |
| Fortis Healthcare Ltd. | -0.25% | -0.00% | +0.25% |
| Cipla Ltd. | -0.25% | -0.00% | +0.25% |
| Bajaj Finserv Ltd. | -0.25% | -0.00% | +0.24% |
| Tata Consumer Products Ltd. | -0.24% | -0.00% | +0.24% |
| Polycab India Ltd. | -0.24% | -0.00% | +0.24% |
| Asian Paints Ltd. | -0.24% | -0.00% | +0.24% |
| NTPC Ltd. | -0.24% | -0.00% | +0.24% |
| Bharat Electronics Ltd. | -0.24% | -0.00% | +0.24% |
| GAIL (India) Ltd. | -0.30% | -0.07% | +0.24% |
| Lupin Ltd. | -0.23% | -0.01% | +0.22% |
| Hindustan Petroleum Corporation Ltd. | -0.26% | -0.04% | +0.22% |
| Angel One Ltd. | -0.23% | -0.02% | +0.21% |
| Shriram Finance Ltd | -0.21% | -0.00% | +0.21% |
| Interglobe Aviation Ltd. | -0.21% | -0.00% | +0.21% |
| CG Power and Industrial Solutions Ltd. | -0.20% | -0.00% | +0.20% |
| Computer Age Management Services Ltd. | -0.20% | -0.00% | +0.20% |
| Havells India Ltd. | -0.19% | -0.00% | +0.19% |
| Aurobindo Pharma Ltd. | -0.19% | -0.00% | +0.19% |
| Apollo Hospitals Enterprise Ltd. | -0.33% | -0.15% | +0.19% |
| One97 Communications Ltd. | -0.14% | -0.32% | -0.18% |
| Godrej Consumer Products Ltd. | -0.22% | -0.03% | +0.18% |
| UNO Minda Ltd. | -0.18% | -0.00% | +0.18% |
| Godrej Properties Ltd. | -0.18% | -0.00% | +0.18% |
| JSW Energy Ltd. | -0.18% | -0.00% | +0.18% |
| Adani Energy Solutions Ltd. | -0.19% | -0.36% | -0.17% |
| Indian Bank | -0.18% | -0.01% | +0.16% |
| JIO Financial Services Ltd. | -0.16% | -0.00% | +0.16% |
| Torrent Pharmaceuticals Ltd. | -0.29% | -0.13% | +0.16% |
| DLF Ltd. | -0.16% | -0.00% | +0.16% |
| GMR Airports Ltd. | -0.16% | -0.00% | +0.16% |
| LTM Limited | -0.16% | 0.00% | +0.16% |
| Power Grid Corporation Of India Ltd. | -0.16% | -0.00% | +0.16% |
| Varun Beverages Ltd. | -0.15% | -0.00% | +0.15% |
| Aditya Birla Capital Ltd. | -0.15% | -0.00% | +0.15% |
| HCL Technologies Ltd. | -0.01% | -0.16% | -0.15% |
| Dalmia Bharat Ltd. | -0.15% | 0.00% | +0.15% |
| TVS Motor Company Ltd. | -0.14% | -0.00% | +0.14% |
| Bharti Airtel Ltd. | -0.01% | -0.15% | -0.14% |
| Bandhan Bank Ltd. | -0.14% | -0.00% | +0.14% |
| State Bank of India | -0.14% | -0.00% | +0.14% |
| Hindustan Aeronautics Ltd. | -0.14% | -0.00% | +0.14% |
| NBCC (India) Ltd. | -0.13% | -0.00% | +0.13% |
| IDFC First Bank Ltd. | -0.13% | -0.01% | +0.12% |
| Tata Consultancy Services Ltd. | -0.14% | -0.01% | +0.12% |
| Max Healthcare Institute Ltd. | -0.02% | -0.14% | -0.12% |
| Adani Enterprises Ltd. | -0.13% | -0.01% | +0.12% |
| Amber Enterprises India Ltd. | -0.00% | -0.12% | -0.12% |
| Central Depository Services (India) Ltd. | -0.02% | -0.14% | -0.11% |
| SRF Ltd. | -0.11% | -0.22% | -0.11% |
| FSN E-Commerce Ventures Ltd. | -0.11% | -0.00% | +0.11% |
| Kotak Money Market Fund Direct-Growth | 9.79% | 9.68% | -0.11% |
| Info Edge (India) Ltd. | -0.11% | -0.00% | +0.11% |
| Mankind Pharma Ltd. | -0.01% | -0.11% | -0.11% |
| Cochin Shipyard Ltd. | -0.01% | -0.11% | -0.10% |
| Motilal Oswal Financial Services Ltd. | -0.09% | -0.00% | +0.09% |
| United Spirits Ltd. | -0.11% | -0.20% | -0.09% |
| ICICI Bank Ltd. | -0.13% | -0.05% | +0.09% |
| Oberoi Realty Ltd. | -0.03% | -0.11% | -0.08% |
| Indian Oil Corporation Ltd. | -0.09% | -0.01% | +0.08% |
| Vedanta Ltd. | -0.11% | -0.02% | +0.08% |
| company:8283 | 0.00% | -0.08% | -0.08% |
| Cummins India Ltd. | -0.07% | -0.00% | +0.07% |
| Bosch Ltd. | -0.10% | -0.03% | +0.07% |
| Dabur India Ltd. | -0.07% | -0.00% | +0.07% |
| L&T Finance Ltd. | -0.07% | -0.00% | +0.07% |
| company:16288 | 0.00% | -0.07% | -0.07% |
| PG Electroplast Ltd. | -0.07% | -0.00% | +0.07% |
| Bajaj Auto Ltd. | -0.17% | -0.11% | +0.07% |
| Rail Vikas Nigam Ltd. | -0.09% | -0.02% | +0.06% |
| Bajaj Holdings & Investment Ltd. | -0.15% | -0.08% | +0.06% |
| Supreme Industries Ltd. | -0.15% | -0.09% | +0.06% |
| ICICI Lombard General Insurance Company Ltd. | 0.01% | -0.05% | -0.06% |
| Hero Motocorp Ltd. | -0.00% | -0.06% | -0.06% |
| company:5657 | 0.00% | -0.06% | -0.06% |
| Kotak Ultra Short Term Fund Direct-Growth | 4.59% | 4.53% | -0.06% |
| SBI Life Insurance Company Ltd. | -0.05% | -0.00% | +0.05% |
| Glenmark Pharmaceuticals Ltd. | -0.42% | -0.37% | +0.05% |
| Bharat Forge Ltd. | -0.21% | -0.27% | -0.05% |
| company:14901 | 0.00% | -0.05% | -0.05% |
| Trent Ltd. | -0.00% | -0.05% | -0.05% |
| Petronet LNG Ltd. | -0.05% | -0.00% | +0.05% |
| PNB Housing Finance Ltd. | -0.05% | -0.00% | +0.05% |
| Adani Power Ltd. | -0.01% | -0.05% | -0.05% |
| The Indian Hotels Company Ltd Rights | -0.10% | -0.06% | +0.04% |
| Jindal Steel Ltd. | -0.31% | -0.35% | -0.04% |
| Coforge Ltd. | -0.46% | -0.50% | -0.04% |
| Kotak Ultra Short to Short Term Fund Direct-Growth | 2.81% | 2.77% | -0.04% |
| Radico Khaitan Ltd. | -0.17% | -0.21% | -0.04% |
| Colgate-Palmolive (India) Ltd. | -0.04% | -0.01% | +0.03% |
| company:5865 | 0.00% | -0.03% | -0.03% |
| company:11470 | 0.00% | -0.03% | -0.03% |
| REC Ltd. | -0.03% | 0.00% | +0.03% |
| 360 One Wam Ltd. | -0.06% | -0.04% | +0.03% |
| Marico Ltd. | -0.19% | -0.22% | -0.03% |
| Zydus Lifesciences Ltd. | -0.12% | -0.15% | -0.03% |
| Delhivery Ltd. | -0.02% | -0.00% | +0.02% |
| Mphasis Ltd. | -0.03% | -0.06% | -0.02% |
| Nestle India Ltd. | -0.21% | -0.24% | -0.02% |
| Voltas Ltd. | -0.18% | -0.15% | +0.02% |
| BSE Ltd. | -0.75% | -0.73% | +0.02% |
| Avenue Supermarts Ltd. | -0.00% | -0.02% | -0.02% |
| Tata Power Company Ltd. | -0.02% | -0.01% | +0.02% |
| Prestige Estates Projects Ltd. | -0.05% | -0.03% | +0.02% |
| ABB India Ltd. | -0.07% | -0.05% | +0.02% |
| Sun Pharmaceutical Industries Ltd. | -0.01% | -0.00% | +0.01% |
| Adani Green Energy Ltd. | -0.00% | -0.01% | -0.01% |
| Oracle Financial Services Software Ltd. | -0.06% | -0.05% | +0.01% |
| Vishal Mega Mart Ltd. | -0.04% | -0.05% | -0.01% |
| Persistent Systems Ltd. | -0.02% | -0.01% | +0.01% |
| KPIT Technologies Ltd. | -0.02% | -0.03% | -0.01% |
| Suzlon Energy Ltd. | -0.08% | -0.09% | -0.01% |
| Titan Company Ltd. | -0.07% | -0.06% | +0.01% |
| Tata Motors Passenger Vehicles Ltd. | -0.00% | -0.01% | -0.01% |
| Tata Elxsi Ltd. | -0.01% | -0.00% | +0.01% |
| HDFC Bank Ltd. | -0.00% | -0.01% | -0.01% |
| company:3471 | 0.00% | -0.01% | -0.01% |
| company:8290 | 0.00% | -0.01% | -0.01% |
| Bank of India | -0.01% | -0.00% | +0.01% |
| Crompton Greaves Consumer Electricals Ltd. | -0.01% | -0.00% | +0.01% |
| company:19816 | 0.00% | -0.01% | -0.01% |
| Punjab National Bank | -0.01% | -0.00% | +0.01% |
| NMDC Ltd. | -0.00% | -0.01% | -0.01% |
| Sona BLW Precision Forgings Ltd. | -0.01% | -0.01% | +0.01% |
| Vodafone Idea Ltd. | -0.00% | -0.01% | -0.01% |
| Canara Bank | -0.01% | -0.01% | 0.00% |
| Hyundai Motor India Ltd. | -0.00% | 0.00% | 0.00% |
| HDFC Life Insurance Co Ltd. | -0.00% | -0.00% | 0.00% |
| company:5765 | 0.00% | -0.00% | 0.00% |
| Maruti Suzuki India Ltd. | -0.00% | -0.00% | 0.00% |
| LIC Housing Finance Ltd. | -0.00% | -0.00% | 0.00% |
| Jubilant FoodWorks Ltd. | -0.00% | 0.00% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.19% | 0.19% | 0.00% |
| Indusind Bank Ltd. | -0.00% | -0.00% | 0.00% |
| Force Motors Ltd. | -0.00% | -0.00% | 0.00% |
| Inox Wind Ltd. | -0.00% | -0.00% | 0.00% |
| HDFC Asset Management Company Ltd. | -0.00% | -0.00% | 0.00% |
| Patanjali Foods Ltd. | -0.20% | -0.20% | 0.00% |
| Godfrey Phillips India Ltd. | -0.01% | -0.01% | 0.00% |
| The Phoenix Mills Ltd. | -0.14% | -0.14% | 0.00% |
| PI Industries Ltd. | -0.00% | 0.00% | 0.00% |
| Kaynes Technology India Ltd. | -0.00% | -0.00% | 0.00% |
| ITC Ltd. | -0.00% | -0.00% | 0.00% |
| Indian Energy Exchange Ltd. | -0.00% | -0.00% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.06% | 0.06% | 0.00% |
| Reliance Industries Ltd. | -0.00% | -0.00% | 0.00% |
| Solar Industries India Ltd. | -0.00% | -0.00% | 0.00% |
| Steel Authority Of India Ltd. | -0.00% | -0.00% | 0.00% |
| Dr. Reddy's Laboratories Ltd. | -0.00% | 0.00% | 0.00% |
| Britannia Industries Ltd. | -0.00% | -0.00% | 0.00% |
| Premier Energies Ltd. | -0.00% | -0.00% | 0.00% |
| Bharat Heavy Electricals Ltd. | -0.00% | -0.00% | 0.00% |
| ICICI Prudential Life Insurance Company Ltd. | -0.00% | -0.00% | 0.00% |
| Eternal Ltd. | -0.00% | 0.00% | 0.00% |
| company:19532 | 0.00% | -0.00% | 0.00% |
| Blue Star Ltd. | -0.00% | 0.00% | 0.00% |
| Hindustan Zinc Ltd. | -0.00% | -0.00% | 0.00% |
| Grasim Industries Ltd. | -0.00% | -0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹29,677 Cr | 2.23% | 5.9% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹47,283 Cr | 1.98% | 5.8% | 6.3% | 6.5% |
 Invesco India Arbitrage Fund | ₹30,618 Cr | 2.91% | 6.0% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹11,132 Cr | 1.80% | 5.9% | 6.4% | 6.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate income through arbitrage opportunities emerging out of pricing anomaly between the spot & futures market; and also through deployment of surplus cash in fixed income instruments.
Fund managers
- Hiten ShahMr. Shah is a Masters in Management Studies (Finance) from Mumbai University.Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.91% absolute | ₹60,000 | ₹61,746 | 2.91% | |
| 1 year6.14% annualised | ₹1,20,000 | ₹1,24,067 | 3.39% | |
| 3 years6.87% annualised | ₹3,60,000 | ₹4,00,804 | 11.33% | |
| 5 years6.31% annualised | ₹6,00,000 | ₹7,06,985 | 17.83% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak Arbitrage Fund?
The NAV of Kotak Arbitrage Fund is ₹40.23 as on 24 Sep 2026.
What is the expense ratio of Kotak Arbitrage Fund?
The expense ratio of Kotak Arbitrage Fund is 2.98% per year.
What is the minimum SIP amount for Kotak Arbitrage Fund?
You can start a SIP in Kotak Arbitrage Fund with ₹3,000 a month.
What returns has Kotak Arbitrage Fund given?
Kotak Arbitrage Fund has returned 6.0% over 1 year, 6.4% over 3 years and 6.6% over 5 years (annualised).
Is there a lock-in or exit load on Kotak Arbitrage Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 30 days.
How risky is Kotak Arbitrage Fund?
Kotak Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages Kotak Arbitrage Fund?
Kotak Arbitrage Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.