|Min SIP Amount||Not Supported|
|NAV||₹1091.91 (24 Jan 2021)|
|Fund Started||14 Jan 2019|
|Fund Size||₹6,172 Cr|
Kotak Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 14 Jan 2019. Deepak Agrawal is the Current Fund Manager of Kotak Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,172 Cr and the Latest NAV as of 24 Jan 2021 is ₹1091.91.
The Kotak Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 5000.
The Scheme seeks to generate income through investment in debt & money market instruments having maturity of one business day (including CBLO (Tri-Party Repo), Reverse Repo and equivalent).
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.