Debt · Overnight

Kotak Overnight Fund

Kotak Mahindra Mutual Fund

Benchmark

Nifty 1D Rate Index

Riskometer

Low

Size

₹10,139 cr

Allotted

15 Jan 2019

Holdings as of

Not on record

Kotak Overnight Fund is a overnight fund of Kotak Mahindra Mutual Fund with ₹10,139 cr under management. It is ahead of its benchmark (Nifty 1D Rate Index) in 1 of 3 periods. Its direct plan charges 0.09% a year. Deepak Agrawal has managed it for 7.7 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Kotak Overnight Fund invested in?

Mix not on record

Has Kotak Overnight Fund beaten its benchmark?

Ahead of its benchmark, Nifty 1D Rate Index, in 1 of 3 periods in AMFI's figures; +5.26% over the last year against +5.23%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.42%	−3.60%	—
3 months	+1.26%	−5.03%	—
6 months	+2.56%	−1.83%	—
1 year	+5.26%	−4.06%	+9.32 pts
3 years	+6.04%	+9.27%	−3.23 pts
5 years	+5.76%	+8.00%	−2.24 pts
10 years	—	+12.69%	—
Since start from 16 Jan 2019	+5.16%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty 1D Rate Index) in 1 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+5.26%	+5.16%	+5.23%	+0.03	🔒
3y	+6.04%	+5.94%	+6.04%	−0.00	🔒
5y	+5.75%	+5.65%	+5.77%	−0.02	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Overnight funds, and how steady the lead is, in the app

Value of 100, month-end

Jan 2019 to 14 Oct 2026

Fund 147Nifty 500 TRI 265

₹100 put in at the start of Jan 2019 would be ₹147 on 14 Oct 2026, against ₹265 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Kotak Overnight Fund cost?

0.09% a year on the direct plan, 0.20% on the regular plan; 7 of 40 funds in its category charge less.

Direct plan

0.09% a year

Category median 0.11%

Regular plan

0.20% a year

Category median 0.18%

Gap

0.11 points

for the same holdings

7 of 40 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Debt Scheme - Overnight Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Kotak Overnight Fund?

Deepak Agrawal, since 15 Jan 2019; Sunil Pandey, since 1 Jun 2025.

Deepak Agrawal

7.7 years

since 15 Jan 2019

Sunil Pandey

1.4 years

since 1 Jun 2025

Benchmark as filedNIFTY 1D Rate Index

Exit load

Nil

From 6 Scheme Summary Documents filed with NSE, first on 29 Apr 2026; as on 29 Sep 2026

Questions people ask

Who manages Kotak Overnight Fund?

Deepak Agrawal (manager) since 15 Jan 2019; Sunil Pandey (manager) since 1 Jun 2025.

What is the expense ratio of Kotak Overnight Fund?

0.09% a year on the direct plan and 0.20% on the regular plan (expense report, Oct 2026).

How has Kotak Overnight Fund done?

Its direct plan returned +6.04% a year over 3 years against +6.04% for its benchmark, Nifty 1D Rate Index, as of 13 Oct 2026.