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Mutual FundsUnion Overnight Fund Direct - Growth

U

Union Overnight Fund Direct - Growth

5 Year Absolute Returns

28.42%profit

NAV (₹) on 05 Jun 2025

1,358.3419

1 Day NAV Change

+0.21%

3

Value Research

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About Fund

Union Overnight Fund Direct - Growth is a Debt mutual fund scheme launched on 27 Mar 2019. Investors can begin their investment journey with a minimum SIP of ₹500 or a lumpsum investment of ₹5,000.

NAV

NIFTY50

2X

Investors doubled money in past NaN months.


CAGR: 5.13%
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Returns Calculator

Based on Annualised Returns

Investment Type


SIP Amount


Investment Period

5Y

32.73 L

3.50%

41.46 L

12.19%

34.26 L

5.13%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

30,00,000

Returns

4,26,192 (14.21%)

Maturity Value

34,26,192

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.


Returns Comparison

This Fund1M Returns3M Returns6M Returns1Y Returns3Y Returns5Y Returns
Direct0.49%1.51%3.13%6.49%20.52%28.42%
Regular1.61%7.88%0.03%6.75%40.34%77.74%

*The above returns are absolute.


Fund Details

Min. SIP Amount

500.00


Min. Lumpsum Amount

5,000.00


AUM (in Cr.)

316.87


Expense Ratio

0.07%


Lock-in Period

No Lock in Period


Inception Date

27 Mar 2019


Fund Age

6 Yrs


Benchmark

CRISIL Overnight Fund A-I Index


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • No charges for withdrawal

Tax Implication

  • Returns to be taxed as per your normal Income Tax slab.

Fund AUM History

ParametersJanFebMarApr
AUM (in Cr.)2,1932,1412,2172,254
Change -80-527538
Change %-3.52%-2.36%3.52%1.7%

Fund Returns Vs Nifty 50

Name1 Month3 Month6 Month1 Year3 Year5 Year
This Fund0.49%1.51%3.13%6.49%20.52%28.42%
Nifty 501.18%10.81%0.17%9.42%49.38%144.04%

*The above table contains absolute returns.


Asset Allocation

AUM

₹316.87 Cr

Cash Holding

35.47%

Equity

51.72%

Cash

35.47%

Debt

12.81%

Other

0.00%


Sector Holdings

as of 30 Apr 2025

SectorsWeightage
Other23.32%
Financial Services21.19%
Technology11.57%
Consumer Cyclical8.15%
Healthcare6.89%
Consumer Defensive6.49%
Basic Materials6.32%
Communication Services5.00%
Industrials4.83%
Energy3.14%
Utilities1.75%
Real Estate1.36%

Stock Holdings

as of 30 Apr 2025

NameWeightage

C

Cash Offset For Derivatives

24.96%

T

Triparty Repo Trp_020525

9.85%

G

GOI LOAN 7.3% 2053

4.96%

I

Infosys

4.78%

7

718GS2033

4.16%

B

Bajaj Finance

3.99%

I

ICICI Bank

3.91%

B

Bharti Airtel

3.54%

R

Reliance Industries

3.14%

H

HDFC Bank

3.08%

I

Infosys Limited May 2025 Future

2.99%

F

Future on Bajaj Finance Ltd

2.80%

T

Tata Consultancy Services

2.76%

F

Future on Bharti Airtel Ltd

2.62%

M

Mahindra & Mahindra

2.28%

V

Varun Beverages

2.28%

A

Axis Bank

2.02%

F

Future on Mahindra & Mahindra Ltd

1.87%

F

Future on Kotak Mahindra Bank Ltd

1.75%

K

Kotak Bank

1.74%

S

State Bank of India

1.71%

F

Future on United Spirits Ltd

1.61%

U

United Spirits

1.60%

F

Future on HDFC Life Insurance Co Ltd

1.48%

H

HDFC Life Insurance

1.48%

O

One 97 Communications

1.46%

L

Larsen & Toubro

1.45%

F

Future on Tata Consultancy Services Ltd

1.43%

T

Tata Motors Finance Limited

1.39%

T

Titan

1.38%

F

Future on Godrej Consumer Products Ltd

1.38%

G

Godrej Consumer Products

1.38%

7

718GS2037

1.18%

U

UltraTech Cement

1.11%

U

UPL

1.09%

V

Vedanta

1.09%

A

Aster DM Healthcare

1.07%

F

Future on Reliance Industries Ltd

1.00%

F

Future on Hindustan Unilever Ltd

0.97%

H

Hindustan Unilever

0.97%

T

Tata Motors

0.95%

T

Titan Company Limited May 2025 Future

0.94%

F

Future on JSW Steel Ltd

0.92%

J

JSW Steel

0.91%

S

SRF

0.89%

I

Interglobe Aviation

0.88%

L

Lupin

0.86%

B

Bharti Airtel - PP

0.86%

F

Future on Tata Motors Ltd

0.80%

G

Glenmark Pharmaceuticals

0.72%

N

NTPC

0.71%

A

Aurobindo Pharma

0.70%

T

Tech Mahindra

0.69%

S

SBI Life Insurance

0.69%

M

MFL 8.97% 2027

0.67%

S

Signatureglobal

0.65%

R

Rainbow Childrens Medicare

0.62%

A

Ambuja Cements

0.61%

S

Sun Pharmaceutical

0.60%

G

Granules

0.58%

W

Wockhardt

0.57%

C

Cholamandalam Financial Holdings

0.57%

G

GAIL

0.56%

I

Isgec Heavy Engineering

0.55%

E

Eternal

0.55%

S

Sobha

0.54%

M

Medplus Health Services

0.52%

I

Indus Towers

0.51%

C

City Union Bank

0.50%

B

Bajaj Auto

0.50%

M

Mphasis

0.50%

J

JSW Energy

0.48%

N

NMDC

0.48%

Z

Zinka Logistics Solutions

0.47%

R

REC

0.47%

H

Hero Motocorp

0.46%

P

Prudent Corporate Advisors

0.45%

A

Axis Bank Limited

0.43%

S

Steel Authority of India

0.43%

W

Wipro

0.42%

D

Devyani International

0.41%

S

Samvardhana Motherson International

0.40%

F

Future on PI Industries Ltd

0.39%

P

PI Industries

0.39%

B

Bharat Electronics

0.38%

F

Future on SRF Ltd

0.37%

K

KEC International

0.33%

S

Suraksha Diagnostic

0.33%

I

Indusind Bank

0.32%

V

Vedant Fashions

0.31%

F

Future on Divi's Laboratories Ltd

0.30%

F

Future on Mphasis Ltd

0.30%

D

Divis Laboratories

0.30%

D

Dixon Technologies

0.28%

F

Future on Lupin Ltd

0.27%

I

ITC

0.26%

A

Angel One

0.25%

A

Arvind

0.25%

E

Electronics Mart

0.24%

F

Future on UltraTech Cement Ltd

0.23%

G

GODREJIND

0.23%

C

Century Textiles And Industried Limited

0.22%

A

Au Small Finance Bank Limited

0.22%

I

Indus Towers Limited May 2025 Future

0.21%

B

Birlasoft

0.21%

T

Trent

0.20%

F

Future on DLF Ltd

0.17%

D

DLF

0.17%

P

Praj Industries

0.16%

A

Acc Limited May 2025 Future

0.15%

A

ACC

0.15%

C

Cummins

0.14%

U

UNO Minda

0.14%

Z

Zee Entertainment

0.09%

M

Maruti Suzuki

0.08%

P

PCBL Chemical

0.07%

E

ECOS Mobility & Hospitality

0.04%

C

Cash Margin - Ccil

0.01%

N

Net Current Assets

0.00%

C

Carborundum Universal

0.00%

C

Cholamandalam Investment

0.00%

A

Axis Bank Limited**

0.00%

B

Baazar Style Retail

0.00%

I

Indraprastha Gas

0.00%

S

Sona BLW Precision Forgings

0.00%

M

MOIL

0.00%

I

ITC Hotels

0.00%
SIP Logo

Start SIP with as Low as ₹100.


Fund Comparison

1Y Returns

8.78%

3Y Returns

20.49%

5Y Returns

24.42%

1Y Returns

8.82%

3Y Returns

20.50%

5Y Returns

24.35%

1Y Returns

7.24%

3Y Returns

18.65%

5Y Returns

21.79%

1Y Returns

10.33%

3Y Returns

16.41%

5Y Returns

21.57%

1Y Returns

33.53%

3Y Returns

22.44%

5Y Returns

14.58%


Fund Managers

Devesh Thacker

Name

Devesh Thacker

Qualification

B.Com, M.B.A

Tarun Singh

Name

Tarun Singh

Qualification

B.Sc


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.


Risk-O-Meter

Investors understand that their principal will be at

Low Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High


AMC Information

Union Mutual Fund

Funds Managed

26

Assets Managed (₹ Cr)

₹ 21,185.23

Contact Details

Registered Address

locate

Unit 503, 5th Floor, Leeela BusinessPark, Andheri Kurla Road,Andheri (East), Mumbai - 400059


Top Funds from Union Mutual Fund

1Y Returns

8.78%

3Y Returns

20.49%

5Y Returns

24.42%

1Y Returns

8.82%

3Y Returns

20.50%

5Y Returns

24.35%

1Y Returns

14.92%

3Y Returns

-

5Y Returns

-

1Y Returns

10.33%

3Y Returns

16.41%

5Y Returns

21.57%

1Y Returns

-

3Y Returns

-

5Y Returns

-


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FAQs

Union Overnight Fund was launched on 27 Mar 2019.
The current NAV of Union Overnight Fund is ₹1,358.3419 as of 05 Jun 2025.
The latest value of AUM of Union Overnight Fund is ₹316.87 crores as of 05 Jun 2025.
The return on investment of Union Overnight Fund is:
  • In the past 1Y: 6.49%
  • In the past 3Y: 6.42%
  • In the past 5Y: 5.13%
The expense ratio of Union Overnight Fund is 0.07%.
The exit load of Union Overnight Fund is as follows:
No charges for withdrawal
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Union Overnight Fund is Low.
The fund manager of Union Overnight Fund is Devesh Thacker, Tarun Singh.
If you wish to invest in Union Overnight Fund, the minimum SIP amount is ₹500 and Lumpsum is ₹5,000.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Union Overnight Fund:
  • Open Demat Account on Dhan if you don't have one.
  • Analyze the fund performance.
  • Invest via SIP or Lumpsum.
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