Union Overnight Fund - Regular Plan - Growth Option
| Category: Debt: Overnight |
| Launch Date: 26-03-2019 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Liquid Overnight Index |
| Expense Ratio: 0.17% As on ( 31-05-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 228.11 Cr As on ( 30-05-2025) |
| Turn over: |
NAV (₹):
1351.9483
₹
0.38
(
0.0279%
)
as on
15-06-2025
CAGR
Since Inception -
4.96%
CRISIL Liquid Overnight Index -
6.37%
Fund Managers
FM 1 - Mr. Tarun Singh, FM 2 - Mr. Devesh Thacker
Investment 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.
PERFORMANCE of Union Overnight Fund - Regular Plan - Growth Option
Scheme Performance (%) Data as on - 13-06-2025
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Union Overnight Fund - Regular Plan - Growth Option | 6.36 | 6.32 | 5.04 | - | 4.96 |
| Nifty 1D Rate Index | 6.67 | 6.28 | 5.04 | 5.65 | 6.37 |
| Debt: Overnight | 6.36 | 6.33 | 5.05 | 5.55 | 5.32 |
RETURNS CALCULATOR for Union Overnight Fund - Regular Plan - Growth Option
Growth of 10000 In SIP (Fund vs Benchmark)
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Growth of 10000 In LUMPSUM (Fund vs Benchmark)
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Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Performance and Risk Statistics of Union Overnight Fund - Regular Plan - Growth Option
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Union Overnight Fund - Regular Plan - Growth Option | 0.43 | -0.49 | 1.39 | 0.8 | 6.15 | 2.41 |
| Debt: Overnight | - | - | - | - | - | - |
PEER COMPARISION
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Union Overnight Reg Gr | 26-03-2019 | 6.36 | 6.52 | 6.32 | 5.04 | 0.0 |
| Bank of India Overnight Reg Gr | 05-01-2020 | 6.56 | 6.69 | 6.49 | 5.2 | 0.0 |
| Axis Overnight Reg Gr | 01-03-2019 | 6.47 | 6.62 | 6.41 | 5.12 | 0.0 |
| Bajaj Finserv Overnight Fund Reg Gr | 05-07-2023 | 6.43 | 0.0 | 0.0 | 0.0 | 0.0 |
| UTI Overnight Fund Reg Gr | 09-12-2003 | 6.42 | 6.58 | 6.37 | 5.09 | 5.68 |
| Nippon India Overnight Reg Gr | 03-12-2018 | 6.42 | 6.56 | 6.36 | 5.07 | 0.0 |
| Quant Overnight Fund Reg Gr | 05-12-2022 | 6.42 | 6.8 | 0.0 | 0.0 | 0.0 |
| Invesco India Overnight Reg Gr | 01-01-2020 | 6.41 | 6.58 | 6.36 | 5.08 | 0.0 |
| PGIM India Overnight Reg Gr | 27-08-2019 | 6.41 | 6.57 | 6.35 | 5.09 | 0.0 |
| Franklin India Overnight Gr | 05-05-2019 | 6.4 | 6.54 | 6.33 | 5.05 | 0.0 |
Asset Allocation (%)
PORTFOLIO ANALYSIS of Union Overnight Fund - Regular Plan - Growth Option
Portfolio as on