| KOTAK OVERNIGHT FUND
An open ended debt scheme investing in overnight securities
| KOTAK OVERNIGHT FUND
An open ended debt scheme investing in overnight securities

  

  
Investment Objective
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). However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
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). However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Issuer/Instrument Industry/
Rating
% to Net
Assets

Triparty Repo 99.49
Grand Total 100.00

NAV
Growth Option Rs1093.3316
Direct Growth Option Rs1094.9867
Regular Daily Dividend Rs1004.7568
Direct Daily Dividend Rs1003.6055
Weekly Dividend Rs1067.259

Available Plans/Options

A)Regular Plan B)Direct Plan


Fund Manager Mr. Deepak Agrawal*
BenchmarkNIFTY 1D Rate index
Allotment dateJanuary 15, 2019
AAUMRs7,439.04 crs
AUMRs6,426.54 crs
Folio count4,570

Dividend Frequency

Daily, Weekly (Every Monday) (applicable for all plans)


Ratios
Average Maturity0.00 yrs
Modified Duration0.00 yrs
Portfolio Yield3.18%
Macaulay Duration0.00 yrs
$Standard Deviation0.10%

Minimum Investment Amount

Initial Investment: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1 for purchase and for Rs0.01 for switches
Ideal Investment Horizon: 1 days


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: Nil. (applicable for all plans)


Total Expense Ratio**

Regular: 0.20%; Direct:0.10%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Income over a short term investment horizon
  • Investment in debt & money market securities having maturity of one business day.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


**Total Expense Ratio includes applicable B30 fee and GST
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'