Kotak Overnight Fund Direct Growth

Fund Overview

Fund Size

₹5,927 Cr

Expense Ratio

0.08%

ISIN

INF174KA1BF9

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

15 Jan 2019

About this fund

Kotak Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 5 years, 11 months and 13 days, having been launched on 15-Jan-19.
As of 27-Dec-24, it has a Net Asset Value (NAV) of ₹1339.88, Assets Under Management (AUM) of 5926.99 Crores, and an expense ratio of 0.08%.

Kotak Overnight Fund Direct Growth has given a CAGR return of 5.04% since inception.
The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
You can start investing in Kotak Overnight Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.72%

— (Cat Avg.)

3 Years

+6.03%

— (Cat Avg.)

5 Years

+4.92%

— (Cat Avg.)

Since Inception

+5.04%

— (Cat Avg.)

Portfolio Summaryas of 15th December 2024

Others

₹5,926.99 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
The Clearing Corporation Of India Limited	Cash - Repurchase Agreement	₹5,551.95 Cr	93.67%
Triparty Repo	Cash - Repurchase Agreement	₹253.61 Cr	4.28%
India (Republic of)	Bond - Short-term Government Bills	₹74.96 Cr	1.26%
364 DTB 26122024	Bond - Gov't/Treasury	₹39.93 Cr	0.67%
Net Current Assets/(Liabilities)	Cash - Collateral	₹6.54 Cr	0.11%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Repurchase Agreement	₹5,805.56 Cr	97.95%
Bond - Short-term Government Bills	₹74.96 Cr	1.26%
Bond - Gov't/Treasury	₹39.93 Cr	0.67%
Cash - Collateral	₹6.54 Cr	0.11%

Risk & Performance Ratios

Fund Managers

Deepak Agrawal

Since January 2019

Additional Scheme Detailsas of 15th December 2024

ISIN

INF174KA1BF9

Expense Ratio

0.08%

Exit Load

No Charges

Fund Size

₹5,927 Cr

Age

5 years 11 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty 1D Rate TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹7466.31 Cr	6.7%
Axis Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹7466.31 Cr	6.8%
Groww Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹25.40 Cr	6.7%
Groww Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹25.40 Cr	6.6%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3660.08 Cr	6.7%
Tata Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹3660.08 Cr	6.6%
Nippon India Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹8439.04 Cr	6.6%
Nippon India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹8439.04 Cr	6.7%
Sundaram Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹551.39 Cr	6.6%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹551.39 Cr	6.7%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹5,10,238 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	-	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-
Kotak Healthcare Fund Direct Growth Very High Risk	0.7%	1.0%	₹418.74 Cr	41.8%
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹1110.54 Cr	30.2%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹18.55 Cr	9.3%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.3%	1.0%	₹7652.91 Cr	19.0%
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹18.54 Cr	21.7%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	-	8.6%
Kotak Yearly Interval Plan Series 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 304 Direct Growth Moderate Risk	-	-	-	10.0%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 264 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 310 - 1131 Days Direct Growth Moderate Risk	-	0.0%	-	7.8%
Kotak FMP Series 306 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 249 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 295 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 258 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 298 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 290 - 1180 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Monthly Interval Series 4 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 293 - 1826 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak India Growth Fund Series IV Direct Growth Very High Risk	0.3%	0.0%	₹132.94 Cr	50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 287 - 1188 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 272 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak Fixed Maturity Plan Series 273 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 305 Direct Growth Low to Moderate Risk	-	0.0%	-	7.7%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	-	7.7%
Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 292 - 1735 Days Direct Growth Low to Moderate Risk	-	0.0%	₹443.31 Cr	8.1%
Kotak FMP Series 289 -1179 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 288 -1177 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17732.03 Cr	28.1%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹51275.67 Cr	18.9%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹25648.50 Cr	26.4%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹6232.32 Cr	24.1%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹394.66 Cr	23.1%
Kotak Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹772.38 Cr	10.9%
Kotak Infrastructure and Economic Reform Fund Direct Growth Very High Risk	0.6%	1.0%	₹2395.27 Cr	36.3%
Kotak Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹12490.29 Cr	8.1%
Kotak Bluechip Fund Direct Growth Very High Risk	0.6%	1.0%	₹9497.92 Cr	18.9%
Kotak Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2083.62 Cr	9.3%
Kotak Bond Fund Short Term Plan Direct Growth Moderate Risk	0.4%	0.0%	₹16980.23 Cr	8.5%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
We're here to help.

What is the current NAV of Kotak Overnight Fund Direct Growth?

The NAV of Kotak Overnight Fund Direct Growth, as of 27-Dec-2024, is ₹1339.88.

What are the returns of Kotak Overnight Fund Direct Growth?

The fund has generated 6.72% over the last 1 year and 6.03% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Overnight Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.

Who manages the Kotak Overnight Fund Direct Growth?

The fund managers responsible for Kotak Overnight Fund Direct Growth are:-

Deepak Agrawal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Kotak Overnight Fund Direct Growth

Fund Overview