Union Overnight Fund - Regular (IDCW-M)

Overnight Fund

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NAV
1001.18(0.00%)
Fund Size (CR)
₹656.92
Expense Ratio
0.24
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
0%
Return Since Launch
4.03%

Absolute Return: 0.01%

Annualized Return: 0%

Basic Details

Scheme Manager

Devesh Thacker

Bench Mark

CRISIL Liquid Overnight Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	October 23, 2026	9965.52	-0.34%	-	0.02%	274/285
1 Month	September 30, 2026	9998.62	-0.01%	-	0.32%	277/285
3 Month	July 30, 2026	10081.89	0.82%	-	1.08%	235/276
6 Month	April 30, 2026	10211.16	2.11%	-	2.33%	224/271
1 Year	October 30, 2025	10470.36	4.70%	4.70%	4.83%	220/260
3 Year	October 30, 2023	11830.51	18.31%	5.76%	5.42%	182/251
5 Year	October 30, 2021	13109.88	31.10%	5.56%	5.60%	125/176
Since Inception	March 27, 2019	13500.94	35.01%	4.03%	5.41%	236/283

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	November 1, 2025	1,30,000	175315.63	34.86%	34.86%
3 Year	November 1, 2023	3,70,000	498923.50	34.84%	10.48%
5 Year	November 1, 2021	6,10,000	822583.46	34.85%	6.16%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Risk Ratios

0.10%

Standard Deviation

0.01%

Beta

1.49%

Sharpe Ratio

0.83%

Treynor's Ratio

0.54%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Groww Overnight Fund - Direct (IDCW-D) RI	62.93	0.70%	2.07%	4.59%	9.12%	7.20%
Franklin India Overnight Fund - Direct (IDCW-W)	874.27	2.25%	4.00%	5.36%	8.98%	7.23%
TRUSTMF Overnight Fund - Direct (IDCW-D) RI	73.86	0.70%	2.10%	4.27%	8.16%	8.03%
DSP Overnight Fund - Direct (IDCW-D) RI	3194.12	0.40%	1.20%	5.35%	7.99%	6.65%
PGIM India Overnight Fund - Direct (IDCW-W)	95.80	0.53%	1.56%	3.38%	6.94%	9.61%

List of Schemes under Union Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Union Dynamic Term Fund	Debt	Moderate	-0.31%	1	₹61.28
Union Flexi Cap Fund	Equity	Very High	-3.32%	3	₹2,319.74
Union Liquid Fund	Debt	Moderately Low	6.46%	3	₹7,933.79
Union ELSS Tax Saver Fund	Equity	Very High	-6.57%	3	₹821.19
Union Small Cap Fund	Equity	Very High	11.79%	2	₹2,731.92
Union Largecap Fund	Equity	Very High	-8.09%	3	₹407.90
Union Balanced Advantage Fund	Hybrid	High	-3.39%	3	₹1,157.75
Union Corporate Bond Fund	Debt	Moderate	2.86%	2	₹280.15
Union Equity Savings Fund	Hybrid	Moderate	0.67%	1	₹113.60
Union Value Fund	Equity	Very High	-6.91%	2	₹377.80
Union Arbitrage Fund	Hybrid	Low	6.59%	2	₹219.69
Union Overnight Fund	Debt	Low	5.26%	4	₹951.14
Union Focused Fund	Equity	Very High	2.74%	2	₹432.72
Union Large & Midcap Fund	Equity	Very High	-0.74%	2	₹968.79
Union Midcap Fund	Equity	Very High	0.66%	3	₹1,905.76
Union Aggressive Hybrid Fund	Hybrid	Very High	-1.89%	2	₹727.42
Union Money Market Fund	Debt	Moderately Low	6.57%	1	₹1,005.54
Union Gilt Fund	Debt	Moderate	-0.46%	2	₹73.80
Union Retirement Fund	Solution Oriented	Very High	-2.2%	3	₹206.52
Union Multicap Fund	Equity	Very High	2.52%	0	₹1,515.85
Union Innovation & Opportunities Fund	Equity	Very High	4.16%	0	₹1,306.52
Union Children's Fund	Solution Oriented	Very High	-5.7%	0	₹90.69
Union Business Cycle Fund	Equity	Very High	-2.88%	0	₹485.08
Union Multi Asset Allocation Fund	Hybrid	Very High	2.5%	0	₹988.70
Union Active Momentum Fund	Equity	Very High	11.66%	0	₹542.54
Union Short TermFund	Debt	Moderate	3.89%	0	₹113.78
Union Gold ETF Fund of Fund	Other	High	15.4%	0	₹173.64
Union Income Plus Arbitrage Active FOF	Other	Moderate	3.86%	0	₹55.11
Union Ultra Short to Short Term Fund	Debt	Moderately Low	5.28%	0	₹220.62
Union Diversified Equity All Cap Active FOF	Other	Very High	2.61%	0	₹194.74
Union Consumption Fund	Equity	Very High	0%	0	₹314.47

News

Union Mutual Fund announces Income Distribution cum capital withdrawal (IDCW)
Union Mutual Fund has announced 16 July 2026 as the record date for declaration of IDCW Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:
Union Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.17
Union Balanced Advantage Fund ' Direct Plan ' IDCW Option: 0.17
Union Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.15
Union Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.15
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Fund House Details & Investment Objective

Date of Incorporation

March 26, 2019

Total AUM (Cr)

₹951.14

Union Overnight Fund - Regular (IDCW-M) is an Overnight Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in March 26, 2019, this fund is managed by Devesh Thacker. With assets under management (AUM) worth ₹951.14 (Cr), as of November 1, 2026, Union Overnight Fund - Regular (IDCW-M) is categorized as a Overnight Fund within its segment. The fund has generated a return of 4.03% since its launch.
The current NAV of Union Overnight Fund - Regular (IDCW-M) is ₹1,001.18, as on November 1, 2026. The fund's benchmark index is CRISIL Liquid Overnight Index. You can invest in Union Overnight Fund - Regular (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 5.76% and 5.56% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.91% in Debt and 0.09% in cash and cash equivalents.

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