Groww Logo
Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Overnight Fund Direct Growth

Kotak Overnight Fund Direct Growth

Debt
Overnight
Low Risk
3.68%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 29 Jun 2022₹1,145.03
Min. SIP amountNA
Rating3
Fund size₹12,844.63Cr

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.5%3.7%4.0%
Category averageNA3.0%4.4%NA
Rank with in categoryNA1312NA
Understand terms

Holdings (3)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills1.1%
GOI
SovereignGOI Sec1.1%
Reserve Bank of India
FinancialT-Bills0.5%

Pros and cons

Category: Debt Overnight

Pros

Cons

1Y annualised returns higher than category average by 0.47%
3Y annualised returns lower than category average by 0.73%
Exit load is zero
Higher expense ratio: 0.08%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.08%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNA

Fund management

Deepak Agrawal
Jan 2019 - Present
View details

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.
Also manages these schemes

Vihag Mishra
Nov 2021 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Website
NA
Amc Image
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Kotak Overnight Fund Direct Growth
VS
Add mutual fund to compare

FAQs

How to Invest in Kotak Overnight Fund Direct Growth?

You can easily invest in Kotak Overnight Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Kotak Overnight Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Kotak Overnight Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Overnight Fund Direct Growth provide?

The Kotak Overnight Fund Direct Growth has been there from 15 Jan 2019 and the average annual returns provided by this fund is 3.49% since its inception.

How much expense ratio is charged by Kotak Overnight Fund Direct Growth?

The term Expense Ratio used for Kotak Overnight Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Kotak Overnight Fund Direct Growth is 0.08% as of 30 Jun 2022...

What is the AUM of Kotak Overnight Fund Direct Growth?

The AUM, short for Assets Under Management of Kotak Overnight Fund Direct Growth is ₹12,844.63Cr as of 30 Jun 2022.

How to Redeem Kotak Overnight Fund Direct Growth?

If you want to sell your Kotak Overnight Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Overnight Fund Direct Growth?

You can select either SIP or Lumpsum investment of Kotak Overnight Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Kotak Overnight Fund Direct Growth?

The NAV of Kotak Overnight Fund Direct Growth is ₹1,145.03 as of 29 Jun 2022.

What is the PE and PB ratio of Kotak Overnight Fund Direct Growth?

The PE ratio ratio of Kotak Overnight Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.1.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI