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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹398 Cr

Lock In Period

N/A

Expense Ratio

0.16

Benchmark

CRISIL Overnight Index

Exit Load

Nil

Summary

Latest details for Union Overnight Fund Growth include a ₹1411.2109 NAV as of Apr 17,2026 and returns since inception of 19.69%. Minimum investments start at SIP ₹500. The Union Overnight Fund Growth AUM is ₹398 Cr, with a lock-in of N/A years, expense ratio of 0.16%, and benchmark CRISIL Overnight Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.44% returns, against a category average of -0.24% and a category best of 0.94%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.44-0.240.94
6M2.560.7029.38
1Y5.334.5729.38
3Y6.1712.6529.38

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2026-03-31
View allocation % by

1. 8.00% Reverse Repo32.80%
2. 6.80% Reverse Repo17.29%
3. 7.25% Reverse Repo9.79%
4. 7.50% Reverse Repo9.67%
5. 6.70% Reverse Repo7.03%
6. 7.00% Reverse Repo6.59%
7. 7.10% Reverse Repo4.77%
8. TREPS0.15%
9. Net Receivable / Payable-0.62%

1. 91 Day Treasury Bills6.26%
2. 364 Day Treasury Bills3.76%
3. 182 Day Treasury Bills2.51%

About Fund

Union Overnight Fund Growth managed by Union Mutual Fund,is a Overnightscheme with Assets Under Management of ₹398 Crore. The fund benchmarks its performance against the CRISIL Overnight Index while maintaining an expense ratio of 0.16. Under the expert guidance of Devesh Thacker ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Devesh Thacker

Mr. Devesh holds a degree in commerce and is a post graduate in Finance from University of Pune. He has over nine years of experience in the financial services with around 4 years experience in the Fixed Income segment. His previous work experience also includes working in a Bank and debt segment of financial intermediaries.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSBI Overnight Fund Growth417848.68 CR0.14
This FundAditya Birla Sun Life Overnight Fund Growth24930.53 CR0.19
This FundUnion Overnight Fund Growth0398.33 CR0.16
This FundAxis Overnight Fund Growth37849.19 CR0.1
This FundBank of India Overnight Fund Growth036.67 CR0.1
Fund Name1Y3Y
This FundSBI Overnight Fund Growth5.341719.6753
This FundAditya Birla Sun Life Overnight Fund Growth5.319119.6837
This FundUnion Overnight Fund Growth5.327519.6889
This FundAxis Overnight Fund Growth5.432920.0304
This FundBank of India Overnight Fund Growth5.512820.2785

FAQs

Union Overnight Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Union Overnight Fund Growth is 0.16. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Union Overnight Fund Growth’s fund performance is as follows:
  • 1 Month : 0.44%
  • 6 Months : 2.56%
  • 1 Year : 5.33%
  • 3 Years : 6.17%
Returns of Union Overnight Fund Growth are updated daily based on NAV of ₹ 1411.2109 as on Apr 17,2026. Since inception, the return has been 19.69%.

You can invest in Union Overnight Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Union Overnight Fund Growth is ₹398 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Union Overnight Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500