Kotak
Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option
Latest NAV
₹11.1766
As of
3 Jun 2026
3,296 NAV records on file
Category
Arbitrage Fund
Plan type
Dividend
Structure
Close-ended
AMFI Scheme Code
119770
ISIN (Growth)
INF174K01LE2
ISIN (Dividend)
INF174K01LD4
NAV history & peer comparison
All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.
Period
No matches.
Compares up to 8 funds. Click any line in the legend above to hide/show it.
Returns matrix
Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).
| Window | Fund | Category avg | +/− vs avg | Rank | Quartile |
|---|---|---|---|---|---|
| 1D | -0.14% | -0.05% | -0.09 | 54 / 59 | Q4 |
| 1W | -0.05% | 0.00% | -0.05 | 47 / 59 | Q4 |
| 2W | -0.42% | -0.09% | -0.34 | 52 / 58 | Q4 |
| 1M | -0.12% | +0.22% | -0.34 | 52 / 58 | Q4 |
| 3M | -0.40% | +0.55% | -0.95 | 48 / 55 | Q4 |
| 6M | -0.34% | +1.82% | -2.16 | 46 / 55 | Q4 |
| YTD | -0.36% | +1.31% | -1.67 | 48 / 55 | Q4 |
| 1Y | -0.38% | +4.16% | -4.54 | 45 / 53 | Q4 |
| 2Y | -0.19% | +4.35% | -4.53 | 46 / 50 | Q4 |
| 3Y | -0.12% | +4.81% | -4.94 | 45 / 49 | Q4 |
| 4Y | -0.06% | +4.90% | -4.96 | 46 / 47 | Q4 |
| 5Y | -0.05% | +4.68% | -4.73 | 42 / 43 | Q4 |
| 7Y | +0.00% | +3.99% | -3.99 | 36 / 37 | Q4 |
| 10Y | +0.25% | +3.30% | -3.05 | 25 / 26 | Q4 |
| Inception | +0.33% | +3.40% | -3.07 | 53 / 59 | Q4 |
Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%
Calendar-year returns
Full-year performance vs category average. Current year is partial (year-to-date).
| Year | Fund | Category avg | +/− vs avg | Rank |
|---|---|---|---|---|
| 2026 YTD | -0.36% | +1.35% | -1.71 | 43 / 50 |
| 2025 | -0.12% | +3.93% | -4.06 | 43 / 49 |
| 2024 | -0.04% | +6.12% | -6.16 | 46 / 47 |
| 2023 | -0.13% | +5.67% | -5.80 | 46 / 46 |
| 2022 | +0.43% | +3.73% | -3.30 | 38 / 41 |
| 2021 | +0.19% | +3.16% | -2.97 | 41 / 42 |
| 2020 | +0.12% | +1.39% | -1.27 | 33 / 41 |
| 2019 | +1.42% | +2.88% | -1.47 | 21 / 36 |
| 2018 | +0.48% | +1.64% | -1.16 | 20 / 30 |
| 2017 | +0.53% | +2.68% | -2.15 | 22 / 29 |
| 2016 | +0.19% | +3.28% | -3.09 | 23 / 25 |
Rolling returns
Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.
1-Year rolling
+0.36%
152 windows
min -0.8% · max 1.9%
70% positive
3-Year rolling
+0.35%
127 windows
min -0.1% · max 0.9%
91% positive
5-Year rolling
+0.38%
103 windows
min 0.0% · max 0.7%
99% positive
7-Year rolling
+0.41%
79 windows
min 0.0% · max 0.7%
100% positive
SIP returns — historical "what if"
If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.
Period
Total invested
₹
—
Today's value
₹
—
XIRR
Annualised
Wealth multiplier
| Period | Total invested | Today's value | XIRR | Wealth multiplier |
|---|---|---|---|---|
| ₹ — | ₹ — |
XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.
Risk profile
Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.
Std deviation
0.51%
3-year · annualised
Sharpe ratio
-12.99
vs risk-free 6.5%
Sortino ratio
—
Downside-only deviation
Max drawdown
-1.39%
Jan 2024 → May 2026
% positive months
38.9%
Share of monthly returns > 0 over the 3-year window
Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.
Peers in Arbitrage Fund
Recent NAVs
| Date | NAV |
|---|---|
| 3 Jun 2026 | ₹11.1766 |
| 2 Jun 2026 | ₹11.1703 |
| 1 Jun 2026 | ₹11.1861 |
| 29 May 2026 | ₹11.1511 |
| 27 May 2026 | ₹11.1719 |
| 26 May 2026 | ₹11.1760 |
| 25 May 2026 | ₹11.1752 |
| 22 May 2026 | ₹11.2052 |
| 21 May 2026 | ₹11.2139 |
| 20 May 2026 | ₹11.2098 |
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Frequently asked questions
These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.
As of 03 Jun 2026, the NAV of Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option is ₹11.1766. It's a Arbitrage Fund from Kotak, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.
Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option has NAV history starting from 04 Jan 2013, a track record of about 13 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.
Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option is managed by Kotak. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option has delivered a absolute return of -0.38% — -4.54 pp behind the Arbitrage Fund category average of 4.16%. The fund ranks #45 of 53 in its category — the bottom (Q4) quartile.
Over the trailing 3-year window, Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option has delivered a CAGR of -0.12% — -4.94 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #45 of 49 in its category — the bottom (Q4) quartile.
Over the trailing 5-year window, Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option has delivered a CAGR of -0.05% — -4.73 pp behind the Arbitrage Fund category average of 4.68%. The fund ranks #42 of 43 in its category — the bottom (Q4) quartile.
₹1 lakh invested in Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option exactly 10 years ago would be worth approximately ₹102,562 today — a multiplier of 1.03×, based on the 10-year CAGR of 0.25%. The category average over the same window would have grown ₹1 lakh to ₹138,405.
A ₹10,000 monthly SIP in Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option over the last 5 years — total invested ₹600,000 — would be worth ₹597,936 today. That's an XIRR (money-weighted annualised return) of -0.14%.
A ₹10,000 monthly SIP for 10 years in Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option = ₹1,200,000 invested. It would currently be worth ₹1,205,481 (multiplier 1.00×). XIRR: 0.09%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.
On a 5-year basis, Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option ranks #42 out of 43 funds in the Arbitrage Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.68%; this fund delivered -0.05%.
The worst peak-to-trough decline Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option has experienced over the last 5-year window is 1.39% — its NAV fell from a high on 23 Jan 2024 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.
Across all 5-year rolling windows, Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option averaged 0.38% (best 0.71%, worst -0.05%). 99% of rolling windows ended positive. The 3-year Sharpe ratio is -12.99 — negative risk-adjusted performance.
In calendar year 2025, Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option returned -0.12% — lagging the Arbitrage Fund category average of 3.93% by 4.06 pp. It ranked #43 of 49 in its category that year.
Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.
We don't give personal investment advice. Kotak Arbitrage Fund - Direct Plan - IDCW -Payout & Reinvestment of Income Distribution cum capital withdrawal option is suitable for an investor whose:
- horizon is 3-5 years — too short for pure equity, too long for pure debt
- wants a single fund that automatically rebalances between equity and debt
- is comfortable trading some upside for lower volatility vs a pure equity fund
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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