Kotak Overnight Fund -Regular plan-Growth Option

Kotak Overnight Fund -Regular plan-Growth Option is a scheme launched by Kotak Mutual Fund on January 14, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 7,177.46 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 100. It charges an expense ratio of 0.16% for managing the portfolio.

• Investing Strategy:

  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).

• Performance:

  Kotak Overnight Fund -Regular plan-Growth Option trailing returns over different times are 6.1% (1 year), 6.37% (3 year) and 5.16% (5 year). The average annual return of this fund stands at 4.07%.