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DEBT•OVERNIGHT FUND

Union Overnight Fund Direct Plan Monthly IDCW Reinvestment

3 Year return

6.42%
NAV on December 19, 2025
1003.9015
1D Returns
+0.14%
Launched on March 2019(6 years)

Investment Details

₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
10.53%₹379
Total Value ₹3,979

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹807.67 Cr.
Expense Ratio
0.07% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
2

Ratings by other agencies

Value Research
3
Crisil
0
Morning Star
0

Tax Implications

Tax on gains as per your income tax bracket

Union Mutual Fund Manager

DT

Devesh Thacker

Fund Manager since Jun 2011

TS

Tarun Singh

Fund Manager since Mar 2019

Fund House Details

Union Mutual Fund

Union Mutual Fund

Asset management company

AUM
₹23,798.76 Cr.
No. of Schemes
91
Setup Date
23rd March 2011

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Bank of India Overnight Fund6.5078%
0
Mirae Asset Overnight Fund6.4396%
3.5
Axis Overnight Fund6.4523%
5

Schemes by Union Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
Union Mutual Fund logo

Equity . Sectoral / Thematic

Union Active Momentum Fund Direct Plan Growth
0%
Union Mutual Fund logo

Equity . Sectoral / Thematic

Union Active Momentum Fund Direct Plan IDCW Payout
0%
Union Mutual Fund logo

Equity . Sectoral / Thematic

Union Active Momentum Fund Direct Plan IDCW Reinvestment
0%
Union Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Union Aggressive Hybrid Fund Direct Plan Growth
13.7496%
Union Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Union Aggressive Hybrid Fund Direct Plan IDCW Payout
13.7698%

Key Features of The Fund

5-year return
5.4003%
Expense Ratio
0.07%
Fund Manager
Devesh Thacker
Fund Size
₹807.67 Cr.
Risk Profile
Low

AMC Contact Details

NameUnion Mutual Fund
Launch Date23rd March 2011
AddressUnit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059
Contact(022) 6748 3300
Emailinvestorcare@unionmf.com
Websitehttps://www.unionmf.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Start Investing Early with SIPs

SIPs make mutual fund investing accessible. With a small, fixed amount, you can begin your investment journey and benefit from the power of compounding over time. Use Angel One's SIP calculator to determine a comfortable investment amount to reach your financial goals.

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Union Overnight Fund Direct Plan Monthly IDCW Reinvestment on December 19, 2025, is ₹1003.9015
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Union Overnight Fund Direct Plan Monthly IDCW Reinvestment, is ₹807.67 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Union Overnight Fund Direct Plan Monthly IDCW Reinvestment is 0.07%
The Union Overnight Fund Direct Plan Monthly IDCW Reinvestment was launched on March 26, 2019. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Union Overnight Fund Direct Plan Monthly IDCW Reinvestment is ₹500.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹3,979 in 3Y at 6.4176% returns
SIP Date1st of every month

Your next SIP Payment will be on 21 January 2026

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