Income-oriented debt or money-market exposure
The primary objective of the Scheme is to generate income through in income through investment in debt & money market instruments having maturity of one business day (including Triparty repo on Government securities or treasury bills, Reverse Repo and equivalent). However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Debt & money market instruments*having maturity of one business day (including Triparty repo on Government securities or treasury bills, Reverse Repo and equivalent) - 0 - 100% - Low
- SEBI category
- Overnight Fund
- Fund type
- An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.
- Primary benchmark
- NIFTY 1D Rate Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM 1 Mr. Deepak Agrawal FM2 Mr. Sunil Pandey
- Manager tenure on this scheme
- Since FM 1 15-Jan-2019 FM2 01-Jun-2025
- Role / co-management
- FM 1 Primary FM 2 Primary
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Kotak Overnight Fund - Direct Plan - Daily Reinvestment of Income Distribution cum capital withdrawal option | ₹1,003.6055 | 06 Sep 2026 |
| Kotak Overnight Fund - Direct Plan - Growth | ₹1,469.2449 | 06 Sep 2026 |
| Kotak Overnight Fund - Regular Plan - Daily Reinvestment of Income Distribution cum capital withdrawal option | ₹1,004.7568 | 06 Sep 2026 |
| Kotak Overnight Fund - Regular Plan - Growth | ₹1,458.9713 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.20%, Direct 0.09%
- Exit load
- Nil
- Minimum application
- Rs. 1000/- · multiples of Any amount thereafter Rs. 100
- SIP frequency
- SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
- Minimum SIP amount
- SIP - Rs. 500 SWP - Rs. 1000 STP - Rs. 1000
- Minimum instalments
- SIP - 2 Installments SWP - 6 installments STP - 6 installments
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.