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  • Union Overnight Fund (Growth)
Union Mutual Fund

Union Overnight Fund (Growth)

DebtOvernight

1228.6808

NAV (Dec 07)

4.5%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

Investment Objective

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

Tarun Singh

Fund Manager

Devesh Thacker

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Union Overnight Fund (Growth)70%NaN NaN%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2023-12-07

Top Debt Holdings

treps

48.3%
48.3%

6.90% reverse repo

33.7%
33.7%

6.88% reverse repo

15.5%
15.5%

91 Days Treasury Bill 23-11-2023

1.2%
1.2%

91 Days Treasury Bill 30-11-2023

1.2%
1.2%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 40,756 cr

₹ 16,858 cr

₹ 11,945 cr

₹ 13,754 cr

₹ 10,873 cr

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 13,809 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,38 debt and 12 hybrid funds.amc-img
022-24833300
investorcare@unionmf.com
Fund NameScripbox 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)?

Union Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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.