- Mutual Funds
- Kotak Mutual Fund
- Kotak Overnight fund (Growth)
Neutral
However, Scripbox does not recommend investing in overnight mutual funds.
Overnight Funds invest in securities with a maturity of 1 day.
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.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
12,818 Cr. Large within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1137.3037
NAV (May 27)
Fund Returns
Last 1Y | 3.3% |
Last 3Y | 3.6% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 3.9% |
6 Month CAGR | 1.7% |
Scheme Information
The primary objective of the Scheme is 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 | 0.2 |
Launched (3y ago) | Jan 15, 2019 |
AUM in Crores | 12817.481 |
ISIN | INF174KA1BC6 |
Lock-in | No Lock-in |
Benchmark | Nifty 1D Rate Index |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
the clearing corporation of india limited
72.2%triparty repo
26.6%91 Days Treasury Bill 26-05-2022
1.2%net current assets/(liabilities)
0%
Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 40,402 cr | |||
₹ 16,108 cr | |||
₹ 18,675 cr | |||
₹ 15,495 cr | |||
₹ 40,402 cr |
About the AMC
Kotak Mahindra Asset Management Co Ltd
Kotak Mahindra Asset Management Co Ltd manages assets worth 282,860 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 40 equity,164 debt and 26 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
16.5% | 6.8% | ||
16.5% | 6.8% | ||
16.5% | 6.8% | ||
4.9% | 7.3% | ||
- | 20.8% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsKotak Overnight fund (G) Review
Kotak Overnight fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.9% over a period of 3 years. The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund manager’s name is Deepak Agrawal.
Nav of Kotak Overnight fund (G) as of 5/27/2022 is ₹1137.30 with the total AUM as of 5/28/2022 is ₹12817.481. With Scripbox you can compare and check the latest nav for all mutual funds in India. Kotak Overnight fund (G) was launched on Jan 15, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for Kotak Overnight fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Kotak Overnight fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty 1D Rate Index.
Kotak Overnight fund (G) is rated as a 3 fund in Debt and delivered 3.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Kotak Overnight fund (G).
Frequently Asked Questions
What is Kotak Overnight fund (G)?
How to invest in Kotak Overnight fund (G)?
You can invest in Kotak Overnight fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Kotak Overnight fund (G)?
The minimum sip amount for Kotak Overnight fund (G) is ₹0. You can invest in multiples of ₹5000.
Is Kotak Overnight fund (G) good to invest in?
As per Scripbox experts, Kotak Overnight fund (G) is a Neutral fund. You can investKotak Overnight fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Kotak Overnight fund (G)?
The expense ratio of the Kotak Overnight fund (G) is 0.2% for regular plan.