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This open ended fund Scheme is suitable for investors seeking*

Income from arbitrage opportunities in the equity market

Investment in arbitrage opportunities in the cash & derivatives segment of the equity market

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them

Rukun is responsible for equity research, new idea generation and tracking the performance of existing holdings. He has an experience of 6 years in Capital Markets. Prior to Kotak, he was with Goldman Sachs as an equity research analyst. He has an MBA in Finance from Management Development Institute, Gurgaon and an Engineering Degree (Information Technology) from Nirma University. He has also cleared all the three levels of CFA examination. He is an avid reader of books on Behavioural finance, Psychology and Value Investing.

since inception, it would have become`-i.e.-%CAGR .

Enter into simultaneous transactions of a long position in cash and exactly off-setting short position in futures

Equity position is completely hedged at trade initiation.

Towards the expiry or before the expiry of the derivatives contract, the positions are reversed or rolled over (if spread is available for next month)

For performance in SEBI format please refer performance section.

Scheme Inception date is 29/09/2005. Mr. Rukun Tarachandani has been managing the fund since 09/05/2019. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns = 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. TRI Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

Equity & Equity related (Listed/Awaiting listing on Stock Exchange)

Listed/Awaiting Listing on Stock Exchange – Total

Kotak Mahindra Liquid Scheme Direct Plan Growth

Corporate Debt/Financial Institutions – Total

Scheme Inception date is 29/09/2005. Mr. Rukun Tarachandani has been managing the fund since 09/05/2019. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns = 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. TRI Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

If you had invested`as onwould have grown to`-as ofi.e.-

Kotak Equity ArbitrageVSNifty 50 ArbitrageGoldPPFFD

Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from ( The Fixed deposit interest rate is based on RBI rate ( Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information. Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks. Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period. It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes.

The above graph shows the movement of a specified amount vis–vis benchmark and additional benchmark in the specified time period (last business day of the selected month) chosen by the investor.

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days. Returns for investments in dividend plans of schemes are calculated after assuming that the net dividend payouts post statutory taxes & levies, are re-invested back in the scheme. Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of schemes benchmark, if any. Past performance of the scheme does not indicate the future performance of the schemes. As with any investment in securities, the NAV of the units issued under the schemes can go up or down depending on various factors and forces affecting capital markets. The data of the last working day has been considered for the calculation of performance. Scheme Inception date is 29/09/2005. Mr. Deepak Gupta has been managing the fund since 01/09/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns = 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. TRI Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

Nav movement shows Nav and Index price of Kotak Equity Arbitrage since inception. The Scrollbar at the bottom allows user to select range in which he wishes to view the plot.

For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business days NAV is applied. Investment on inception date can happen on a non-business day.

since inception, you would have earned`-as Dividend

Dividends declared from benchmarks constituents isnt taken into account when comparing with investment in schemes dividend plans.

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.

Risk rate assumed to be 5.97% (FBIL Overnight MIBOR rate as on 30 June 2019)

**Total Expense Ratio includes applicable B30 fee and GST.

Standard Deviation is calculated on Annualised basis using 3 years history of the monthly returns.

This open ended fund Scheme is suitable for investors seeking

Income from arbitrage opportunities in the equity market

Investment in arbitrage opportunities in the cash & derivatives segment of the equity market

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them

Options:Dividend Payout, DividendReinvestment & Growth (applicable for allplans)

Initial Investment:Rs.5000 and in multiple of Rs.1 for purchase and for 0.01 for switches

Additional Investment:Rs.1000 & in multiples of Rs.1

I) For redemptions/switch outs (including SIP/STP) within 30 days from the date of allotment of units: 0.25%

II) For redemptions/switch outs (including SIP/STP) after 30 days from the date of allotment of units: Nil