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

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

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Debt
Direct
Overnight
NAV: ₹ 1025.43 as on 01-01-0001

About the Fund

Union Overnight Fund Direct Fortnightly Transfer 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 Transfer of Income Distribution cum capital withdrawal has ₹227 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.
Fund Performance

Overview

Expense ratio
Expense ratio
0.07%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹227 Cr
Inception Date
Inception Date
27 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
46.76%

Union Overnight Fund Direct Fortnightly Transfer of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
96.9%
Government
3.1%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 157.9 Cr
₹ 156.9 Cr
₹ 160.1 Cr
  • AUM of the fund stands at 157.9 Cr as of Apr'24
  • AUM increased by 1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Devesh Thacker
Devesh Thacker
Fund Manager of Union Overnight Fund Direct Fortnightly Transfer of Income Distribution cum capital withdrawal, since 27 March 2019
Tarun Singh
Tarun Singh
Fund Manager of Union Overnight Fund Direct Fortnightly Transfer of Income Distribution cum capital withdrawal, since 27 March 2019
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Overnight Fund Direct Growth
5.34%
--

Union Overnight Fund Direct Fortnightly Transfer of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
AUM size ₹227 Cr

AUM size ₹227 Cr

This fund has AUM of ₹227 Cr which is less than its category average of ₹ 2731 Cr
Expense Ratio 0.07%

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 Transfer 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 Transfer 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 April 2024
₹227 Cr as on April 2024
Yield to Maturity is 6.74 as on April 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 0.01 as on April 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 Transfer of Income Distribution cum capital withdrawal
The Exit load of Union Overnight Fund Direct Fortnightly Transfer of Income Distribution cum capital withdrawal is 0%