Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal
Debt
Direct
Overnight
NAV: ₹ 1025.43 as on 01-01-0001
Fund Performance
About the Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 27 March, 2019. The fund is managed by Devesh Thacker, Tarun Singh. This fund is suitable to keep your money safe.
Key Parameters
- Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal has ₹157 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal Overview
 | 0.07% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹157 Cr |
 | 27 March, 2019 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 46.76% |
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
98.1%
Government
1.9%
Top Holdings of Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal as on (31-Mar-24)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 04042024 | 1.91% | 0% |
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 156.9 Cr as of Mar'24
- AUM decreased by 3.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal Fund Manager
Devesh Thacker
Fund Manager of Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal, since 27 March 2019
Top funds managed
Tarun Singh
Fund Manager of Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal, since 27 March 2019
Top funds managed
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal Highlights
Low Risk
Investors understand that their principal will be at Low Risk
AUM size ₹157 Cr
This fund has AUM of ₹157 Cr which is less than its category average of ₹ 2623 Cr
Expense Ratio 0.07%
This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.13%
Frequently Asked Questions
The current NAV of Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal is ₹1025.43 as on 01-Jan-0001.
Existing (Absolute + CAGR) as on 01-Jan-0001.
Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.07% as on March 2024
₹157 Cr as on March 2024
Yield to Maturity is 6.76 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Devesh Thacker, Tarun Singh are the fund managers of Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal
The Exit load of Union Overnight Fund Direct Fortnightly Payout of Income Distribution cum capital withdrawal is 0%