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Union Overnight Fund - UAP-Redemption - Upto 3 years

Overnight Fund
Invest Now

  • NAV

    1228.47(0.01%)

  • Fund Size (CR)

    ₹473.94

  • Expense Ratio

    -

  • Scheme Type

    Active Fund

  • Value Research

    -

  • Min. investment

    ₹0

  • Minimum Additional Investment

    ₹0

  • Minimum SIP Investment

    ₹100

  • Minimum Withdrawal

    ₹1

  • Exit Load Nil

    0%

  • Return Since Launch

    6.02%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 1.35%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Devesh Thacker

Bench Mark

CRISIL Overnight Fund A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 June 202510010.240.10%-0.08%26/256
1 Month30 May 202510045.210.45%-0.41%67/256
3 Month30 March 202510137.521.38%-1.30%173/253
6 Month30 December 202410297.842.98%-2.74%133/253
1 Year30 June 202410633.026.33%6.33%5.74%96/251
3 Year30 June 202212051.9120.52%6.41%5.79%63/216
5 Year--0%-5.06%-/-
Since Inception26 December 202112279.4022.79%6.02%5.88%65/256

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 July 20241,30,000133937.733.03% 3.03%
3 Year1 July 20223,70,000407157.0510.04% 3.24%
5 Year-----
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%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.06%

Standard Deviation

-0.00%

Beta

0.45%

Sharpe Ratio

-26.89%

Treynor's Ratio

0.09%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
There's no data available of Stock Holdings

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y

List of Schemes under Union Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Union Arbitrage FundHybridLow7.37%2₹263.23
Union Small Cap FundEquityVery High4.48%2₹1,577.40
Union Large & Midcap FundEquityVery High5.67%2₹865.64
Union Midcap FundEquityVery High7.33%2₹1,440.27
Union Gilt FundDebtModerate7.61%2₹139.04
Union Equity Savings FundHybridModerate5.67%2₹137.86
Union Aggressive Hybrid FundHybridVery High7.97%2₹651.94
Union Gold ETF Fund of FundOtherHigh0%0₹65.36
Union Liquid FundDebtModerately Low7.28%4₹3,992.68
Union Corporate Bond FundDebtModerate9.91%2₹405.06
Union Income Plus Arbitrage Active FOFOtherModerately Low0%0₹0.00
Union Largecap FundEquityVery High3.17%2₹448.55
Union Overnight FundDebtLow6.39%3₹435.16
Union Balanced Advantage FundHybridHigh6.06%3₹1,383.05
Union Low Duration FundDebtModerately Low0%0₹0.00
Union Money Market FundDebtModerately Low7.93%1₹183.00
Union Business Cycle FundEquityVery High1.5%0₹574.07
Union Active Momentum FundEquityVery High0%0₹445.30
Union Innovation & Opportunities FundEquityVery High9.57%0₹949.45
Union Short Duration FundDebtModerate0%0₹692.89
Union Multicap FundEquityVery High6.04%0₹1,125.03
Union Multi Asset Allocation FundHybridVery High0%0₹784.87
Union Dynamic Bond FundDebtModerate8.18%1₹107.78
Union FMP - Series 13DebtModerately Low7.99%0₹26.12
Union Children's FundSolution OrientedVery High9.03%0₹68.72
Union Focused FundEquityVery High3.93%2₹408.34
Union ELSS Tax Saver FundEquityVery High5.84%3₹904.12
Union Value FundEquityVery High5.62%2₹318.04
Union Flexi Cap FundEquityVery High6.89%3₹2,313.02
Union Retirement FundSolution OrientedVery High6.72%0₹168.27

News

  • Union Mutual Fund announces change in fund manager under its schemes

    Union Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 July 2025

    Change in Fund Manager:

    Name of the Scheme(s) Names of the existing Fund Manager(s) Names of the new Fund Manager(s)
    Union Largecap Fund Mr. Vinod Malviya and Mr. Sanjay Bembalkar Mr. Pratik Dharmshi and Mr. Sanjay Bembalkar
    Union Retirement Fund Mr. Pratik Dharmshi and Mr. Vinod Malviya Mr. Pratik Dharmshi and Mr. Pratit Vajani

    Powered by Capital Market - Live News

  • Union Low Duration Fund announces Extension of NFO period

    Union Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

    Name of the Scheme Existing closing date of NFO Revised closing date of NFO
    Union Low Duration Fund July 03, 2025 July 10, 2025

    Powered by Capital Market - Live News

  • Union Mutual Fund announces change in Exit Load Structure

    Union Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 26 May 2025

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load
    Union Corporate Bond Fund : 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter Nil
    Union Dynamic Bond Fund : 1 % if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter. Nil
    Union Short Duration Fund : ' 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment of units.

    ' Nil if redeemed or switched out after completion of 15 days from the date of allotment of units.

    		Nil

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

24 December 2021

Total AUM (Cr)

₹435.16

Union Overnight Fund - UAP-Redemption - Upto 3 years is an Overnight Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 24 December 2021, this fund is managed by Devesh Thacker. With assets under management (AUM) worth ₹435.16 (Cr), as of 1 July 2025, Union Overnight Fund - UAP-Redemption - Upto 3 years is categorized as a Overnight Fund within its segment. The fund has generated a return of 6.02% since its launch.
The current NAV of Union Overnight Fund - UAP-Redemption - Upto 3 years is ₹1,228.47, as on 1 July 2025. The fund's benchmark index is CRISIL Overnight Fund A-I Index. You can invest in Union Overnight Fund - UAP-Redemption - Upto 3 years via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is -.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.41% and undefined% 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 99.89% in Debt and 0.11% in cash and cash equivalents.

FAQs

How to Invest in Union Overnight Fund - UAP-Redemption - Upto 3 years Direct Growth?

Union Overnight Fund - UAP-Redemption - Upto 3 years is a popular fund in the Overnight Fund segment. The fund has generated a return of 6.02% since inception. Looking to invest in Union Overnight Fund - UAP-Redemption - Upto 3 years How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Overnight Fund - UAP-Redemption - Upto 3 years is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Union Overnight Fund - UAP-Redemption - Upto 3 years
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Union Overnight Fund - UAP-Redemption - Upto 3 years today and reap the benefits of this Overnight Fund fund!

How much returns has Union Overnight Fund - UAP-Redemption - Upto 3 years Direct Growth generated?

In the short term, i.e., 1 year, Union Overnight Fund - UAP-Redemption - Upto 3 years has generated annualised return of 6.33%. In the long-term, the fund has generated 6.41% and - in 3 and 5 years respectively. Since its inception, the fund has generated 6.02% returns.

What is the expense ratio of Union Overnight Fund - UAP-Redemption - Upto 3 years Direct Growth?

The expense ratio of Union Overnight Fund - UAP-Redemption - Upto 3 years Direct Growth is undefined%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Union Overnight Fund - UAP-Redemption - Upto 3 years Fund Direct Growth?

The Assets Under Management (AUM) of Union Overnight Fund - UAP-Redemption - Upto 3 years is ₹435.16 (Cr) as of 2025-07-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Union Overnight Fund - UAP-Redemption - Upto 3 years Direct Growth?

Redeeming or selling units of Union Overnight Fund - UAP-Redemption - Upto 3 years is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Union Overnight Fund - UAP-Redemption - Upto 3 years:
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Union Overnight Fund - UAP-Redemption - Upto 3 years).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.