Kotak Overnight Fund Direct Growth+0.01%

3.72%
1 Year Return
Debt
Overnight
2.0star
6M
1Y
All

Fund Details

Kotak Overnight Fund Direct Growth

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.10%
NAV1084.14 (27 Oct 2020)
Fund Started14 Jan 2019
Fund Size6,341 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Overnight Fund Direct Growth
3.7%
NA
NA
4.6%
Category Average
3.7%
5.0%
5.5%
-
Rank within category
20
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.7% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.1%
    2. Exit load is zero
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Indian BankFinancialCD9.1%

    Fund Managers

    addDeepak Agrawal
    Education
    Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
    Experience
    He has been associated with Kotak AMC since 2000.
    Funds Managed

    Kotak Overnight Fund Direct Growth Details

    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 ₹6,341 Cr and the Latest NAV as of 27 Oct 2020 is ₹1084.14.

    The Kotak Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 5000.

    Investment Objective

    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).

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    Kotak Overnight Fund Direct Growth
    VS
    search

    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    23 Jun 1998
    Kotak Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Similar Funds
    Data not available