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  • Union Mutual Fund
  • Union Overnight Fund (Growth)
Union Mutual Fund

Union Overnight Fund (Growth)

DebtOvernight

1153.0642

NAV (Dec 06)

3.9%
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

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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

1153.0642

NAV (Dec 6)

Fund Returns

Last 1Y

4.4%

Last 3Y

3.6%

Last 5Y

NA

Last 10Y

NA

Since Inception

3.9%

6 Month CAGR

2.6%

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 (3y ago)

Mar 27, 2019

AUM in Crores

220.542

ISIN

INF582M01FJ3

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

2000

Lumpsum Min.

5000

Standard Deviation (3yr)

0.3

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

-4.913

Sharpe Ratio (5yr)

0

YTM

0

Fund Managers

Tarun Singh

Fund Manager

Devesh Thacker

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-12-06

Top Debt Holdings

5.80% reverse repo

90.7%
90.7%

treps

5.3%
5.3%

91 Days Treasury Bill 17-11-2022

1.4%
1.4%

182 Days Treasury Bill 01-12-2022

1.4%
1.4%

182 Days Treasury Bill 24-11-2022

1.1%
1.1%
See all holdings

Compare Union Overnight Fund (Growth)

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

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 10,686 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,34 debt and 16 hybrid funds.

amc-img

  • 022-24833300
  • investorcare@unionmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    20.5%

    14.6%

    19.6%

    11.5%

    20.5%

    14.4%

    19.6%

    11.3%

    19.6%

    11.3%

    Union Overnight Fund (G) Review

    Union Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.9% over a period of 3 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 12/6/2022 is ₹1153.06 with the total AUM as of 12/7/2022 is ₹220.542. 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 Overnight Index TR INR.

    Union Overnight Fund (G) is rated as a 0 fund in Debt and delivered 4.4% 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 stocks 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.