NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹1419.34
0.01%
NAV as on 17 Feb 26, 12:00 AM
low risk
overnight
liquid
NAV as on 17 Feb 26, 12:00 AM
low risk
overnight
liquid
5.55%p.a.
Last 1Y
6.27%p.a.
Last 3Y
5.37%p.a.
Last 5Y
5.06%p.a.
Since Inception
About Kotak Overnight Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Overnight Fund - Growth scheme from Kotak Mahindra Asset Management Company Limited. It is a Overnight mutual fund scheme that predominantly invests in Overnight stocks of companies. Launched on Jan 2019, Kotak Overnight Fund - Growth is Overnight fund of its category with 7,512.64 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Overnight funds.
- Kotak Overnight Fund - Growth delivered 5.5% annual returns during the last year. It has delivered 5.1% average annual returns since the fund was launched.
- Kotak Overnight Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund 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).
Top 10 Holdings
Repo
15.45%
Reverse Repo
81.84%
Net Current Assets
0.47%
GOVERNMENT OF INDIA 35811 091 DAYS TBILL 03JL25 FV RS 100
0.88%
GOVERNMENT OF INDIA 35849 91 DAYS TBILL 17JL25 FV RS 100
1.64%
GOVERNMENT OF INDIA 34859 364 DAYS TBILL 28AG25 FV RS 100
0.55%
GOVERNMENT OF INDIA 34759 364 DAYS TBILL 07AG25 FV RS 100
0.28%
GOVERNMENT OF INDIA 35543 182 DAYS TBILL 07AG25 FV RS 100
0.39%
GOVERNMENT OF INDIA 35965 091 DAYS TBILL 07AG25 FV RS 100
0.83%
GOVERNMENT OF INDIA 36026 091 DAYS TBILL 28AG25 FV RS 100
0.55%
Fund Managers
- Deepak Agrawal (Jan 2019 - Present)
- Sunil Pandey (Jun 2025 - Present)
Key Information
View Scheme Document
Kotak Overnight Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on Kotak Overnight Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak Overnight Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Overnight Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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