Kotak Overnight Direct Growth

Kotak Overnight Direct Growth

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Debt
Direct
Overnight
NAV: ₹ 1280.68 as on 15-04-2024
Fund Performance
zero opening, trading, fund transfer fee
13 people have invested ₹ 17.6L in Kotak Overnight Direct Growth in the last three months

Mutual Fund Insights

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Over the last 1 year, this fund has increased expense ratio by 14.3% moving from 0.07 to 0.08.
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This fund has one of the lowest expense ratio in the category (overnight). Its expense ratio is 0.08% which is lower than the category average expense ratio of 0.12%.
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In the last 5 years, Sundaram Overnight Fund Direct Growth has given 4.86% return, outperforming this fund by 0.11% per annum.
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Over the last 3 months, this fund has experienced a 46.0% growth in AUM moving from 5.94K Cr to 8.67K Cr.
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In the last 1 year, Mirae Asset Overnight Fund Direct Growth has given 6.84% return, outperforming this fund by 0.01%.
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In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 5.25% return, outperforming this fund by 0.03% per annum.

About the Kotak Overnight Direct Growth

Kotak Overnight 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

  1. Kotak Overnight Direct Growth has ₹4370 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Kotak Overnight Direct Growth Overview

Expense ratio
Expense ratio
0.08%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹4370 Cr
Inception Date
Inception Date
15 January, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
51.12%

Kotak Overnight Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Cash Equivalent
100%

Top Holdings of Kotak Overnight Direct Growth as on (31-Mar-24)

  • Debt & Cash

Debt Holdings3
Holdings
Weight%
1M Change
91 DTB 11042024
91 DTB 11042024
2.74%
0%
91 DTB 25042024
91 DTB 25042024
0.68%
0%
182 DTB 25042024
182 DTB 25042024
0.57%
0%

Kotak Overnight Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 8.7K Cr
₹ 7.2K Cr
₹ 8.4K Cr
  • AUM of the fund stands at 8.7K Cr as of Mar'24
  • AUM increased by 1.5K Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Kotak Overnight Direct Growth Fund Manager

Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Overnight Direct Growth, since 15 January 2019

Kotak Overnight Direct Growth Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.83% since inception which is more than its category average return of 3.65%
AUM size ₹4370 Cr

AUM size ₹4370 Cr

This fund has AUM of ₹4370 Cr which is more than its category average of ₹ 2623 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of Kotak Overnight Direct Growth is ₹1280.68 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Kotak Overnight Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.4%
3.4%
1 Year Returns
6.83%
6.83%
3 Years Returns
16.49%
5.22%
5 Years Returns
26.13%
4.75%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.08% as on March 2024
₹4370 Cr as on March 2024
Yield to Maturity is 6.69 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Deepak Agrawal is the fund manager of Kotak Overnight Direct Growth
The Exit load of Kotak Overnight Direct Growth is 0%