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union overnight fund direct growth
Union Overnight Fund Direct Growth

Union Overnight Fund Direct Growth

  • Low Risk
  • Money Market
  • Overnight
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NAV as on Dec 28, 2025
i
Price per unit of the scheme.
₹ 1,399.49680.01%1 Day Change
0.43%
Minimum Investment₹5000
Expense Ratio0.08%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Union Overnight Fund Direct Growth
VS
Money Market: Overnight Average NAV
    Topper in Money Market: Overnight
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Union Overnight Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    CRISIL Liquid Overnight TR INR
    Expense Ratio
    0.08%
    Category Avg Expense Ratio
    0.09%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 807.67 Cr(As on Nov, 2025)
    Inception Date
    Mar 27, 2019
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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.

    Union Overnight Fund Direct Growth is an Money Market - Overnight fund. The fund was launched inMar 27, 2019. Its risk level is . The NAV of the fund as onDec 28, 2025 is ₹1,399.50. Its expense ratio is 0.08 %. The fund has an AUM of ₹807.67 Cr.The fund is managed byDevesh Thacker,Tarun Singh.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Tarun Singh
    Tarun Singh
    i
    Lead Fund Manager.
    Mar 27, 2019 - Present
    • Fund Manager Rank16Out of 30
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed1
    • Total AUM₹ 807.67 Cr
    • Highest Return In 1 Yr5.82 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Overnight Fund Direct Growth
    --
    ₹ 1,399.50
    0.43%
    -%
    Low Risk
    ₹807.67Cr
    Union Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,399.50
    • Fund Size₹807.67Cr
    Fund Return0.43%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Devesh Thacker
    Devesh Thacker
    i
    Lead Fund Manager.
    Mar 27, 2019 - Present
    • Schemes managed5
    • Total AUM₹ 8,405.80 Cr
    • Highest Return In 1 Yr7.29 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Dynamic Bond Fund Direct Growth Option
    ₹ 24.62
    -0.11%
    -0.06%
    Moderate Risk
    ₹104.26Cr
    Union Liquid Fund Direct Plan Growth Option
    --
    ₹ 2,617.25
    0.47%
    0.37%
    Moderate Risk
    ₹7,051.99Cr
    Union Arbitrage Fund Direct Growth
    --
    ₹ 14.95
    0.46%
    0.48%
    Low Risk
    ₹273.03Cr
    Union Dynamic Bond Fund Direct Growth Option
    Moderate Risk
    • NAV₹ 24.62
    • Fund Size₹104.26Cr
    Fund Return-0.11%
    Category Return-0.06%
    Union Liquid Fund Direct Plan Growth Option
    Moderate Risk--
    • NAV₹ 2,617.25
    • Fund Size₹7,051.99Cr
    Fund Return0.47%
    Category Return0.37%
    Union Arbitrage Fund Direct Growth
    Low Risk--
    • NAV₹ 14.95
    • Fund Size₹273.03Cr
    Fund Return0.46%
    Category Return0.48%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Dec, 2025
    EQUITY (-%)
    DEBT (-%)
    CASH (100.00%)
    Allocation by Market Cap

    No Data For Allocation

    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.06
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      60.85
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.88
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      -10.97
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      -3.31
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.14
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Union Asset Management Co. Pvt. Ltd.
    Union Asset Management Co. Pvt. Ltd. manages assets worth ₹ 26,836.23 crores. It’s current offering of mutual fund schemes includes 13 equity, 8 debt and 10 hybrid schemes.
    phone icon
    Phone
    +91 022 67483333
    mail icon
    Email
    investorcare@unionmf.com
    aum
    AUM
    ₹ 26,836.23 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    Unit 802, 8th Floor, Tower ‘A’, Mumbai,400013

    bt_logoFAQ's

    What is the category of Union Overnight Fund Direct Growth ?
    The category of Union Overnight Fund Direct Growth is Money Market - Overnight
    What is the current NAV of Union Overnight Fund Direct Growth ?
    The current NAV of Union Overnight Fund Direct Growth as on Dec 28, 2025 is ₹1,399.50
    How safe is Union Overnight Fund Direct Growth ?
    The risk level of Union Overnight Fund Direct Growth is Low.
    What are short term returns given by Union Overnight Fund Direct Growth ?
    The return given by Union Overnight Fund Direct Growth in 1 month is 0.43%, 3 months is 1.33%, 6 months is 2.69%, and 1 year is 5.82%
    What are the long term returns given by Union Overnight Fund Direct Growth ?
    The return given by Union Overnight Fund Direct Growth in 3 years is 6.41% and 5 years is 5.41%.
    What is the expense ratio of Union Overnight Fund Direct Growth ?
    The expense ratio of Union Overnight Fund Direct Growth is 0.08%
    What is the AUM of Union Overnight Fund Direct Growth ?
    The assets under Management (AUM) of Union Overnight Fund Direct Growth is Rs 807.67 crores.
    What is the minimum investment in Union Overnight Fund Direct Growth ?
    The minimum Lumpsum investment in Union Overnight Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Union Overnight Fund Direct Growth is ₹100.00
    What is the asset allocation of Union Overnight Fund Direct Growth?
    Union Overnight Fund Direct Growth has an exposure of 100.00% in Cash & Money Market Securities

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