Historical NAV & Returns
About Kotak Overnight Fund Direct Growth
Kotak Overnight Fund Direct Growth is a debt fund. This fund was started on 15 January, 2019. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Overnight Fund Direct Growth has ₹3499 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Kotak Overnight Fund Direct Growth has given a CAGR return of 5.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.62%, 6.35% and 5.07% respectively.
Holdings
Kotak Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are 91 DTB 10042025, 91 DTB 17042025, 91 Days Tbill Red 24-04-2025, 182 DTB 24042025
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Kotak Overnight Fund Direct Growth
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).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. Kotak Overnight Fund Direct Growth has no lock in period.
Kotak Overnight Fund Direct Growth Overview
| Expense ratio | 0.08% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹3499 Cr |
| Inception Date | 15 January, 2019 |
| Min Lumpsum/SIP | ₹100/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 57.16% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (18-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 3.5K Cr as of Mar'25
- AUM decreased by 1.9K Cr between Mar'25 and Feb'25
Top Sector in March was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 10042025 | 2.85% | 0% | |
91 DTB 17042025 | 2.85% | 0% | |
91 Days Tbill Red 24-04-2025 | 1% | 0% | |
182 DTB 24042025 | 0.71% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Kotak Overnight Fund Direct Growth | 6.62% | 6.35% | 5.07% | 5.11% |
 Bank of India Overnight Fund Direct Growth | 6.7% | 6.42% | 5.17% | 5.14% |
 Axis Overnight Fund Direct Growth | 6.65% | 6.38% | 5.1% | 5.09% |
 ICICI Prudential Overnight Fund Direct Growth | 6.59% | 6.33% | 5.05% | 5.14% |
Mutual Fund Insights
Kotak Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹3499 Cr
Expense Ratio 0.08%
More funds from Kotak
1Y CAGR
▲ 12.53
1Y CAGR
▲ 12.32
1Y CAGR
▲ 12.17
5Y CAGR
▲ 7.51
Frequently Asked Questions for Kotak Overnight Fund Direct Growth
Kotak Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 3.23% | 3.23% |
1 Year Returns | 6.62% | 6.62% |
3 Years Returns | 20.29% | 6.35% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |