Compare Kotak Overnight Fund vs Axis Overnight Fund
Kotak Overnight Fund
DebtOvernight
Axis Overnight Fund
DebtOvernight
Risk
Low
Low
Rating
4.0
5.0
Min SIP Amount
₹500
₹100
Expense Ratio
0.2
0.13
NAV
₹1478.97
₹1467.45
Fund Started
10 Jan 2019
07 Mar 2019
Fund Size
₹7934.82 Cr
₹10854.78 Cr
Exit Load
-
-
1 Year
5.17%
5.24%
3 Year
5.93%
6.01%
5 Year
5.66%
5.74%
Equity
0.00%
0.00%
Cash
97.36%
9.69%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
The Scheme seeks 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).
The Scheme seeks to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.
Launch Date
10 Jan 2019
07 Mar 2019