| KOTAK OVERNIGHT FUND
An open ended debt scheme investing in overnight securities
A relatively low interest rate risk and moderate credit risk
An open ended debt scheme investing in overnight securities
A relatively low interest rate risk and moderate credit risk
| KOTAK OVERNIGHT FUND
An open ended debt scheme investing in overnight securities
A relatively low interest rate risk and moderate credit risk
*Interest Rate Swap
This product is suitable for investors who are seeking*:
**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'
An open ended debt scheme investing in overnight securities
A relatively low interest rate risk and moderate credit risk
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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 |
|---|---|---|
| Government Dated Securities | ||
| 8.15% Central Government | SOV | 0.78 |
| Government Dated Securities - Total | 0.78 | |
| Treasury Bills | ||
| 364 Days Treasury Bill 16/06/2022 | SOV | 0.58 |
| Treasury Bills - Total | 0.58 | |
| Triparty Repo | 98.67 | |
| Net Current Assets/(Liabilities) | -0.03 | |
| Grand Total | 100.00 | |
NAV
| Growth Option | Rs1,137.8007 |
| Direct Growth Option | Rs1,141.0073 |
| Daily-Reg-Plan-IDCW | Rs1,004.7568 |
| Daily-Dir-Plan-IDCW | Rs1,003.6055 |
Available Plans/Options
A)Regular Plan B)Direct Plan
| Fund Manager | Mr. Deepak Agrawal & Mr. Vihag Mishra* ( Dedicated fundmanager for investments in foreign securities) |
| Benchmark | NIFTY 1D Rate index |
| Allotment date | January 15, 2019 |
| AAUM | Rs12,495.13 crs |
| AUM | Rs12,844.63 crs |
| Folio count | 4,373 |
IDCW Frequency
Daily
Ratios
| Portfolio Average Maturity | - |
| IRS Average Maturity* | - |
| Net Average Maturity | - |
| Portfolio Modified Duration | - |
| IRS Modified Duration* | - |
| Net Modified Duration | - |
| Portfolio Macaulay Duration | - |
| IRS Macaulay Duration* | - |
| Net Macaulay Duration | - |
| YTM | 4.18% |
| $Standard Deviation | 0.10% |
*Interest Rate Swap
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:0.08%
Data as on May 31, 2022
Fund
Benchmark
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'