Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal
Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal

Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal

Debt
Direct
Overnight

NAV: ₹ 1025.4 as on 01-01-1970

Fund Performance
About the Fund

Union Overnight Fund Direct Fortnightly Reinvestment 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

1) Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal has a NAV of 1025.4319 as on 01-01-1970.

2) Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal has 97 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.08 %.

Fund Overview

Expense ratio
Expense ratio
0.08%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹97 Cr
Inception Date
Inception Date
27 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹2000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Debt & Cash 100%

Sector Allocation

Aug'22

Jul'22

Jun'22

Cash Equivalent

100%

Top Holdings

  • All
  • Debt & Cash
Total Holdings3
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
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Treps
4.73%
0%
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91 Dtb 29092022
2.07%
0%
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91 Dtb 22092022
1.55%
0%

What changed

in last one month
  • Scheme
AUM decreased by 30.9 Cr in last 1M

Change in AUM

Aug'22
₹ 96.6 Cr
Jul'22
₹ 127.5 Cr
Jun'22
₹ 132.8 Cr
Fund Return
Benchmark Return

Fund Manager

Devesh Thacker

Devesh Thacker

Managing this fund since 27 March 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Dynamic Bond Fund Direct Growth Option
4.56%
4.87%
Union Liquid Fund Direct Plan Growth Option
4.15%
3.27%
Union Overnight Fund Direct Growth
3.64%
--
Tarun Singh

Tarun Singh

Managing this fund since 27 March 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Overnight Fund Direct Growth
3.64%
--

AMC details

Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+912224833300
Fund House
Union Asset Management Co. Pvt. Ltd.

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
AUM size ₹97 Cr

AUM size ₹97 Cr

This fund has AUM of ₹97 Cr which is less than its category average of ₹ 3570 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal is 1025.43.
Existing (Absolute + CAGR)
Union Overnight Fund Direct Fortnightly Reinvestment 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.
0.08 as on September 2022
97 Cr as on September 2022
Devesh Thacker,Tarun Singh are the fund managers of Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Union Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum capital withdrawal is 0%