DT
Devesh ThackerFund Manager Since 27 Mar 2019
Money MarketOvernight
Union Overnight Fund Direct Growth
3Y Annualised
6.45%
0.01% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.43%
0.01% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
11 years 1 months
NIFTY 50
5 years 3 months
FD
9 years 7 months
Fund info
Fund size
₹362.16 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0%
Nil
Risk Profile
Low Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Bandhan Overnight Fund Direct Weekly Income Distribution cum cptl Wdrl opt
5.41%
2nd
Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt
5.41%
3rd
Groww Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
0.68%
4th
Edelweiss Overnight Fund Regular Daily Reinvestment of Income Distribution cum Cptl Wdrl Opt
0.64%
5th
Edelweiss Overnight Fund Direct Daily Reinvestment of Income Distribution cum Cptl Wdrl Opt
0.63%
118th
Union Overnight Fund Direct Growth
0.43%
Fund Managers
TS
Tarun SinghFund Manager Since 27 Mar 2019
About Union Overnight Fund Direct Growth
Union Overnight Fund Direct Growth is a Money Market mutual fund scheme from Union Asset Management Co. Pvt. Ltd.. This fund has been in existence for 6 years, having been launched on 2019-03-27. Union Overnight Fund Direct Growth has ₹362.16 Cr worth of assets under management (AUM) as of Wed Jul 30 2025. The latest Net Asset Value (NAV) of Union Overnight Fund Direct Growth as of Tue Jul 29 2025 is ₹1368.9058. The fund has an expense ratio of 0.07%, which is medium comparable to most other Money Market funds.
Union Overnight Fund Direct Growth returns for the last 1 year are 6.29%. Since launch, it has delivered 5.07% average annual returns.
The Union Overnight Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Union Overnight Fund Direct Growth.
- 5.45% Reverse Repo: 66.01%
- Treps: 25.96%
- 5.50% Reverse Repo: 5.43%
- India (Republic of): 0.97%
- 364 DTB 24072025: 0.97%
AMC Information
| Name | Union Asset Management Co. Pvt. Ltd. |
|---|---|
| Founding Date | 2019-03-27 |
| investorcare@unionmf.com | |
| Phone | +91 022 67483333 |
| Website | www.unionmf.com/ |
| Address | Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West) |
Tax Implications of Union Overnight Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Union Asset Management Co. Pvt. Ltd.
Union Small Cap Fund Direct Growth
EquitySmall-Cap
3Y CAGR
20.42%
expense ratio
0.95%
fund size
₹1671.86 Cr
Union Dynamic Bond Fund Direct Growth Option
Fixed IncomeDynamic Bond
3Y CAGR
7.29%
expense ratio
1.26%
fund size
₹107.43 Cr
Union Small Cap Fund Regular Growth
EquitySmall-Cap
3Y CAGR
19.03%
expense ratio
2.11%
fund size
₹1671.86 Cr
Union Flexi Cap Fund Growth
EquityFlexi Cap
3Y CAGR
16.40%
expense ratio
2.01%
fund size
₹2401.11 Cr
Union Flexi Cap Fund Direct Growth Option
EquityFlexi Cap
3Y CAGR
17.76%
expense ratio
0.90%
fund size
₹2401.11 Cr
FAQs
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