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  • Mutual Funds
  • Union Overnight Fund - UAP-Redemption - Beyond 3 years
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Union Overnight Fund - UAP-Redemption - Beyond 3 years

Overnight Fund
Invest Now

  • NAV

    1000.00(0.00%)

  • Fund Size (CR)

    ₹383.6

  • Expense Ratio

    -

  • Scheme Type

    Active Fund

  • Value Research

    -

  • Min. investment

    ₹0

  • Minimum Additional Investment

    ₹0

  • Minimum SIP Investment

    ₹100

  • Minimum Withdrawal

    ₹0

  • Exit Load Nil

    0%

  • Return Since Launch

    0.00%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 0%
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 27 January 202510000.000%-0.12%241/256
1 Month3 January 202510000.000%-0.48%241/256
3 Month3 November 202410000.000%-1.46%248/255
6 Month3 August 202410000.000%-2.92%246/254
1 Year2 February 202410000.000%0%6.01%246/254
3 Year3 February 202210000.000%0%5.55%209/211
5 Year--0%-4.84%-/-
Since Inception26 December 202110000.000%0%5.96%248/256

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,20,000120000.000% 0%
3 Year1 March 20223,60,000360000.000% 0%
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%

Standard Deviation

0%

Beta

0%

Sharpe Ratio

0%

Treynor's Ratio

-6.82%

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
TBILL-182D2.62%500000004.99T BillsT Bills
TBILL-91D1.57%300000002.99T BillsT Bills
TBILL-91D1.31%250000002.50T BillsT Bills
Reverse Repo93.97%-179.09Reverse RepoDebt Others
TREPS0.37%-0.70Reverse RepoDebt Others
Net CA & Others0.16%-0.31Net CA & OthersDebt Others

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
PGIM India Overnight Fund - Direct (IDCW-W)
102.820.92%2.93%7.91%12.59%8.21%
Bandhan Overnight Fund - Direct (IDCW-D) RI
805.010.78%2.15%4.19%8.49%7.75%
TRUSTMF Overnight Fund - Direct (IDCW-D) RI
139.010.58%2.02%4.18%8.46%6.70%
Bandhan Overnight Fund - Direct (IDCW-W) RI
805.010.56%2.55%4.34%7.85%6.47%
Helios Overnight Fund - Direct (IDCW-D) RI
131.490.58%1.74%3.49%7.71%-

News

  • Union Short 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 Short Duration Fund 28 January 2025 29 January 2025

    Powered by Capital Market - Live News

  • Union Mutual Fund announces merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund

    Union Mutual Fund has approved the merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund, with effect from 29 January 2025.

    Powered by Capital Market - Live News

  • Union MF announces change in Fund Manager of the following schemes

    Union Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 09 December 2024

    Change in Fund Managers of the Schemes:

    Name of the Scheme Names of the existing Fund Manager(s)/ Head-Equity/Chief Investment Officer Names of the new Fund Manager(s)/ Head-Equity/Chief Investment Officer^
    Union Small Cap Fund Mr. Sanjay Bembalkar
    and Mr. Gaurav Chopra     		Mr. Pratik Dharmshi
    and Mr. Gaurav Chopra
    Union Focused Fund Mr. Sanjay Bembalkar
    and Mr. Vinod Malviya     		Mr. Pratik Dharmshi
    and Mr. Vinod Malviya
    Union Retirement Fund Mr. Sanjay Bembalkar
    and Mr. Vinod Malviya     		Mr. Pratik Dharmshi
    and Mr. Vinod Malviya
    Union Large & Midcap Fund Mr. Vinod Malviya
    and Mr. Sanjay Bembalkar     		Mr. Vinod Malviya
    and Mr. Pratik Dharmshi
    Union Midcap Fund Mr. Gaurav Chopra
    and Mr. Sanjay Bembalkar     		Mr. Gaurav Chopra
    and Mr. Pratik Dharmshi
    Union Business Cycle Fund Mr. Harshad Patwardhan
    and Mr. Sanjay Bembalkar     		Mr. Harshad Patwardhan
    and Mr. Pratik Dharmshi

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

24 December 2021

Total AUM (Cr)

₹190.59

Union Overnight Fund - UAP-Redemption - Beyond 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 ₹190.59 (Cr), as of 3 February 2025, Union Overnight Fund - UAP-Redemption - Beyond 3 years is categorized as a Overnight Fund within its segment. The fund has generated a return of 0% since its launch.
The current NAV of Union Overnight Fund - UAP-Redemption - Beyond 3 years is ₹1,000, as on 3 February 2025. The fund's benchmark index is CRISIL Overnight Fund A-I Index. You can invest in Union Overnight Fund - UAP-Redemption - Beyond 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 0% 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 99.84% in Debt and 0.16% in cash and cash equivalents.

FAQs

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

Union Overnight Fund - UAP-Redemption - Beyond 3 years is a popular fund in the Overnight Fund segment. The fund has generated a return of 0% since inception. Looking to invest in Union Overnight Fund - UAP-Redemption - Beyond 3 years How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Overnight Fund - UAP-Redemption - Beyond 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 across products for life.
  • 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 - Beyond 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: Enter amount, select payment 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, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

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

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

In the short term, i.e., 1 year, Union Overnight Fund - UAP-Redemption - Beyond 3 years has generated annualised return of 0%. In the long-term, the fund has generated 0% and - in 3 and 5 years respectively. Since its inception, the fund has generated 0% returns.

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

The expense ratio of Union Overnight Fund - UAP-Redemption - Beyond 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 - Beyond 3 years Fund Direct Growth?

The Assets Under Management (AUM) of Union Overnight Fund - UAP-Redemption - Beyond 3 years is ₹190.59 (Cr) as of 2025-02-03 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 - Beyond 3 years Direct Growth?

Redeeming or selling units of Union Overnight Fund - UAP-Redemption - Beyond 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 - Beyond 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 - Beyond 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).
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