Formerly Union Overnight Reg Mn DS
Overnight funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 years₹ 1004.5081
NAV (Apr 17)
Last 1Y | 6.7% |
Last 3Y | 5.1% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5% |
6 Month CAGR | 3.3% |
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 | 0.17 |
Launched (3y ago) | Feb 05, 2021 |
AUM in Crores | 156.891 |
ISIN | |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.4 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -8.401 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.22 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
Union Overnight Fund Transfer (PIDCW-M) | 8,27,973 | 95,361 | 5.1% | |
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.
7.15% reverse repo
32.3%7.30% reverse repo
28.5%7.25% reverse repo
16.2%7.40% reverse repo
9.7%7.10% reverse repo
5.7%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
Union Asset Management Co. Pvt. Ltd.
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
19.3% | 12.4% | ||
5.5% | 6.7% | ||
6.2% | 5.3% | ||
5.4% | 5.2% | ||
19.3% | 12.3% |
Union Overnight Fund Transfer (PIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 5% over a period of 3 years. The fund was previously known as Union Overnight Reg Mn DS. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Devesh Thacker, Tarun Singh.
Nav of Union Overnight Fund Transfer (PIDCW-M) as of 4/17/2024 is ₹1004.51 with the total AUM as of 4/18/2024 is ₹156.891. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Overnight Fund Transfer (PIDCW-M) was launched on Feb 05, 2021. The category risk of the fund is Low Risk.
The minimum SIP amount for Union Overnight Fund Transfer (PIDCW-M) is ₹0 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 Transfer (PIDCW-M) 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 Transfer (PIDCW-M) is rated as a 3 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union Overnight Fund Transfer (PIDCW-M).
What is Union Overnight Fund Transfer (PIDCW-M)?
How to invest in Union Overnight Fund Transfer (PIDCW-M)?
You can invest in Union Overnight Fund Transfer (PIDCW-M) 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 Transfer (PIDCW-M)?
The minimum sip amount for Union Overnight Fund Transfer (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.
Is Union Overnight Fund Transfer (PIDCW-M) good to invest in?
As per Scripbox experts, Union Overnight Fund Transfer (PIDCW-M) is a Neutral fund. You can investUnion Overnight Fund Transfer (PIDCW-M) 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 Transfer (PIDCW-M)?
The expense ratio of the Union Overnight Fund Transfer (PIDCW-M) is 0.17% for regular plan.