Which funds are similar to Kotak Overnight Fund Direct-Growth?
Funds similar to Kotak Overnight Fund Direct-Growth in the Debt: Overnight category are listed in the Similar Funds tab, selected based on same category and benchmark index.
How does Kotak Overnight Fund Direct-Growth compare to the category average?
The comparison of Kotak Overnight Fund Direct-Growth against the Debt: Overnight category average — returns, alpha, beta and Sharpe — is shown in the Category vs Scheme Returns section at the top of the Similar Funds tab.
What is the rank of Kotak Overnight Fund Direct-Growth in its category?
The rank of Kotak Overnight Fund Direct-Growth within the Debt: Overnight category is shown in the Trailing Returns section on the Performance tab and the Similar Funds tab.
What are the alternatives to Kotak Overnight Fund Direct-Growth?
Top alternatives to Kotak Overnight Fund Direct-Growth in the Debt: Overnight category, sorted by AUM, are listed in the Similar Funds tab. Funds tracking the same benchmark — NIFTY 1D Rate Index — are also listed separately.
How does Kotak Overnight Fund Direct-Growth's expense ratio compare to similar funds?
The expense ratio of Kotak Overnight Fund Direct-Growth is 0.09%. Over a 20-year investment, a 0.5% difference in expense ratio on a ₹10 lakh corpus can amount to lakhs in additional wealth creation.
How does Kotak Overnight Fund Direct-Growth's AUM compare to similar funds?
Kotak Overnight Fund Direct-Growth has an AUM of ₹ 6.26 k Cr. AUM reflects investor confidence. For small cap funds, very large AUM can limit portfolio flexibility.
Which fund has the best 3-year returns in the Debt: Overnight category?
The top-performing funds by 3-year returns in the Debt: Overnight category can be found by sorting the Similar Funds comparison table by the 3Y column.
Is Kotak Overnight Fund Direct-Growth better than index funds in the same category?
Whether Kotak Overnight Fund Direct-Growth beats index funds in the Debt: Overnight category can be assessed by comparing its trailing returns against the benchmark returns in the Performance tab. Historically, active funds in India have shown mixed results vs index funds — large cap active funds tend to underperform index funds over 10 years, while mid/small cap active managers have often added alpha.
How does Kotak Overnight Fund Direct-Growth rank in risk-adjusted returns vs peers?
Kotak Overnight Fund Direct-Growth has a Sharpe ratio of 1.15. A Sharpe of 1.15 means the fund generates strong returns per unit of risk. Risk-adjusted comparison across category peers — Sharpe, alpha and beta — is shown in the Alpha, Beta & Sharpe section of the Performance tab.
Are there any funds tracking NIFTY 1D Rate Index with lower costs?
Funds tracking the same benchmark as Kotak Overnight Fund Direct-Growth — NIFTY 1D Rate Index — are listed in the Similar Funds tab. Compare their expense ratios to find the most cost-efficient option for the same index exposure.
