- Mutual Funds
- Kotak Mahindra Mutual Fund
- Kotak Overnight Fund Direct Growth
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Historical NAV
₹ 1358.7411
NAV (Mar 17)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 6.2% |
Last 5Y | 5% |
Last 10Y | - |
Since Inception | 5.1% |
6 Month CAGR | 3.2% |
Scheme Information
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).
Expense Ratio | 0.08 % |
Launched 6Y ago | 2019-01-15 |
AUM in Crores | 5377.7 |
ISIN | INF174KA1BF9 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 1D Rate Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.4 |
Beta | 0.7 |
Sharpe Ratio | -0.3 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Kotak Overnight Fund Direct (G) | 8,25,728 | 93,116 | 5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Others
86.41%Others
7.39%Reserve Bank of India
2.73%Reserve Bank of India
2.64%Reserve Bank of India
0.82%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 4,444 cr | ||
₹ 15,117 cr | ||
₹ 12,517 cr | ||
₹ 55,112 cr |
About the AMC
Kotak Mahindra Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.4% | 6% | ||
18.8% | 14.5% | ||
17.6% | 7.8% | ||
7.2% | 7.8% | ||
7.4% | 7.1% |
Frequently Asked Questions
What is the expense ratio for Kotak Overnight Fund Direct Plan Growth?
What is the current AUM of Kotak Overnight Fund Direct Growth?
What is the latest NAV of Kotak Overnight Fund Direct Growth?
Which are the top sector holdings in Kotak Overnight Fund Direct Plan?
Which are the top stock holdings in Kotak Overnight Fund Direct Plan?
What is the asset allocation of Kotak Overnight Fund Direct Plan Growth?
What has been the performance of Kotak Overnight Fund Direct Growth returns?
Does Kotak Overnight Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Kotak Overnight Fund Direct Plan Growth?
How to invest in Kotak Overnight Fund Direct Growth?
How can I redeem my investment in Kotak Overnight Fund Direct Plan?