- Mutual Funds
- Union Mutual Fund
- Union Overnight Fund (Growth)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1228.6808
NAV (Dec 7)
Fund Returns
Last 1Y | 6.5% |
Last 3Y | 4.7% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 4.5% |
6 Month CAGR | 3.3% |
Scheme Information
The investment objective of the Scheme is to generate returns by investing in Debt and Money Market Instruments with overnight maturity. However,there is no assurance that the Investment Objective of the scheme will be achieved.
Expense Ratio | 0.18 |
Launched (4y ago) | Mar 27, 2019 |
AUM in Crores | 293.524 |
ISIN | INF582M01FJ3 |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 2000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.4 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -15.409 |
Sharpe Ratio (5yr) | 0 |
YTM | 6.86 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Union Overnight Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
treps
48.3%6.90% reverse repo
33.7%6.88% reverse repo
15.5%91 Days Treasury Bill 23-11-2023
1.2%91 Days Treasury Bill 30-11-2023
1.2%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 40,756 cr | ||
₹ 16,858 cr | ||
₹ 11,945 cr | ||
₹ 13,754 cr | ||
₹ 10,873 cr |
About the AMC
Union Asset Management Co. Pvt. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
21.3% | 15% | ||
20.7% | 12.2% | ||
21.3% | 14.8% | ||
20.7% | 12% | ||
20.7% | 12% |
Union Overnight Fund (G) Review
Union Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.5% over a period of 4 years. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Devesh Thacker, Tarun Singh.
Nav of Union Overnight Fund (G) as of 12/7/2023 is ₹1228.68 with the total AUM as of 12/8/2023 is ₹293.524. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Overnight Fund (G) was launched on Mar 27, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for Union Overnight Fund (G) is ₹2000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Union Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Liquid Overnight TR INR.
Union Overnight Fund (G) is rated as a 0 fund in Debt and delivered 6.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union Overnight Fund (G).
Frequently Asked Questions
What is Union Overnight Fund (G)?
How to invest in Union Overnight Fund (G)?
You can invest in Union Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Union Overnight Fund (G)?
The minimum sip amount for Union Overnight Fund (G) is ₹2000. You can invest in multiples of ₹5000.
Is Union Overnight Fund (G) good to invest in?
As per Scripbox experts, Union Overnight Fund (G) is a Not Reviewed Yet fund. You can investUnion Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Union Overnight Fund (G)?
The expense ratio of the Union Overnight Fund (G) is 0.18% for regular plan.