Fund Overview
Fund Size
₹7,131 Cr
Expense Ratio
0.08%
ISIN
INF174KA1BF9
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
15 Jan 2019
About this fund
As of 15-Nov-24, it has a Net Asset Value (NAV) of ₹1329.87, Assets Under Management (AUM) of 7130.71 Crores, and an expense ratio of 0.08%.
- Kotak Overnight Fund Direct Growth has given a CAGR return of 5.01% 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
+6.75%
— (Cat Avg.)
3 Years
+5.90%
— (Cat Avg.)
5 Years
+4.88%
— (Cat Avg.)
Since Inception
+5.01%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Others | ₹7,130.71 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| The Clearing Corporation Of India Limited | Cash - Repurchase Agreement | ₹4,523.95 Cr | 63.44% |
| Triparty Repo | Cash - Repurchase Agreement | ₹2,401.76 Cr | 33.68% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹99.65 Cr | 1.40% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹74.92 Cr | 1.05% |
| 182 DTB 28112024 | Bond - Gov't/Treasury | ₹74.64 Cr | 1.05% |
| Net Current Assets/(Liabilities) | Cash | ₹-69.18 Cr | 0.97% |
| 182 DTB 07112024 | Bond - Gov't/Treasury | ₹24.97 Cr | 0.35% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Repurchase Agreement | ₹6,925.71 Cr | 97.13% |
| Bond - Gov't/Treasury | ₹274.19 Cr | 3.85% |
| Cash | ₹-69.18 Cr | 0.97% |
Risk & Performance Ratios
Standard Deviation
This fund
0.36%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
-7.17
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Deepak Agrawal
Since January 2019
Additional Scheme Detailsas of 31st October 2024
ISIN INF174KA1BF9 | Expense Ratio 0.08% | Exit Load No Charges | Fund Size ₹7,131 Cr | Age 5 years 10 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% | ₹10254.02 Cr | 6.7% |
| Axis Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹10254.02 Cr | 6.8% |
| Groww Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹20.16 Cr | 6.7% |
| Groww Overnight Fund Regular Growth Low Risk | 0.2% | 0.0% | ₹20.16 Cr | 6.6% |
| Tata Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹4311.01 Cr | 6.8% |
| Tata Overnight Fund Regular Growth Low Risk | 0.2% | 0.0% | ₹4311.01 Cr | 6.6% |
| Nippon India Overnight Fund Regular Growth Low Risk | 0.2% | 0.0% | ₹6921.68 Cr | 6.7% |
| Nippon India Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹6921.68 Cr | 6.8% |
| Sundaram Overnight Fund Regular Growth Low Risk | 0.2% | 0.0% | ₹848.85 Cr | 6.6% |
| Sundaram Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹848.85 Cr | 6.7% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,12,585 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Low Risk
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- Deepak Agrawal
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