Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 73/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)6.09%
- Expense ratio (20%)0.0862%
- AUM (15%)₹8,618 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Kotak Mahindra Mutual Fund · Debt · Overnight
₹1,470.75
AUM: ₹8,617 Cr
NAV updated 14 days ago
Plan
Direct
Option
Growth
Risk
Low
Expense Ratio
0.0862%
Exit Load
Nil
Fund Manager
Deepak Agrawal
Inception
Jan 2019
Benchmark
NIFTY 1D Rate Index
Sharpe Ratio
-81.25
Std Dev (1Y)
0.08%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.42%
3m
+1.28%
6m
+2.61%
1y
+5.3%
3y
+6.09%
5y
+5.71%
10y
—
since inception
+0.0%
TopFund's Take on Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option
Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option holds up reasonably well within the Overnight category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 73/100.
Cost: At 0.0862%, the expense ratio is meaningfully cheaper — about 22% below the Overnight category average of 0.11% (based on 208 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -81.25 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.08% is on the lower side for a Overnight fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option
The current NAV (Net Asset Value) of Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option is ₹1470.75. NAV is updated every business day after market close by AMFI.
1Y: 5.3% · 3Y CAGR: 6.09% · 5Y CAGR: 5.71%
The expense ratio of Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option is 0.0862% per annum. This is the annual fee charged by the fund to manage your investment.
Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option is managed by Deepak Agrawal at Kotak Mahindra Mutual Fund.
Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.
Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option is a Overnight fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Kotak Overnight Fund-Direct Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option is ₹8,618 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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