Dezerv

Fund Overview

Fund Size

Fund Size

₹177 Cr

Expense Ratio

Expense Ratio

0.17%

ISIN

ISIN

INF582M01FJ3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

27 Mar 2019

About this fund

Union Overnight Fund Regular Growth is a Overnight mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 2 months and 16 days, having been launched on 27-Mar-19.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹1270.40, Assets Under Management (AUM) of 176.71 Crores, and an expense ratio of 0.17%.
  • Union Overnight Fund Regular Growth has given a CAGR return of 4.70% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
  • You can start investing in Union Overnight Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.72%

(Cat Avg.)

3 Years

+5.30%

(Cat Avg.)

5 Years

+4.65%

(Cat Avg.)

Since Inception

+4.70%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Others176.71 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
6.75% Reverse RepoCash - Repurchase Agreement90.95 Cr51.47%
6.72% Reverse RepoCash - Repurchase Agreement50.62 Cr28.64%
6.80% Reverse RepoCash - Repurchase Agreement27.19 Cr15.39%
India (Republic of)Bond - Short-term Government Bills2.5 Cr1.41%
India (Republic of)Bond - Short-term Government Bills2.49 Cr1.41%
India (Republic of)Bond - Short-term Government Bills1.99 Cr1.13%
TrepsCash - Repurchase Agreement0.61 Cr0.34%
Net Receivable / PayableCash - Collateral0.37 Cr0.21%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement169.37 Cr95.84%
Bond - Short-term Government Bills6.98 Cr3.95%
Cash - Collateral0.37 Cr0.21%

Risk & Performance Ratios

Standard Deviation

This fund

0.43%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

-20.27

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Devesh Thacker

Devesh Thacker

Since March 2019

Tarun Singh

Tarun Singh

Since March 2019

Additional Scheme Detailsas of 31st May 2024

ISININF582M01FJ3Expense Ratio0.17%Exit LoadNo ChargesFund Size₹177 CrAge27 Mar 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Liquid Overnight TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Overnight Fund Regular Growth

Low Risk

0.1%0.0%₹9383.44 Cr6.8%
Axis Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹9383.44 Cr6.8%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹33.28 Cr6.8%
Groww Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹33.28 Cr6.7%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹3907.60 Cr6.8%
Tata Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹3907.60 Cr6.7%
Nippon India Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹7082.62 Cr6.7%
Nippon India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹7082.62 Cr6.8%
Sundaram Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹1114.91 Cr6.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1114.91 Cr6.8%

About the AMC

Total AUM

₹18,145 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

0.8%0.0%₹44.99 Cr-
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹642.64 Cr-
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%-6.9%
Union Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹4113.40 Cr41.8%
Union Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹594.14 Cr27.6%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹229.09 Cr6.5%
Union Value Discovery Fund Direct Growth

Very High Risk

1.4%1.0%₹237.46 Cr44.8%
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹893.07 Cr41.8%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1594.75 Cr20.1%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.5%1.0%₹176.64 Cr14.0%
Union Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹201.13 Cr8.5%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.4%0.0%₹875.87 Cr34.7%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.2%1.0%₹112.25 Cr6.6%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2052.22 Cr36.2%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹3045.41 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1182.65 Cr46.6%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹132.34 Cr7.5%
Union Largecap Fund Direct Growth

Very High Risk

1.7%1.0%₹346.87 Cr32.7%
Union Retirement Fund Direct Growth

Very High Risk

1.1%0.0%₹123.72 Cr39.4%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹404.92 Cr6.8%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹176.71 Cr6.8%
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹398.80 Cr30.3%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹181.37 Cr7.2%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹750.39 Cr38.3%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Union Overnight Fund Regular Growth, as of 11-Jun-2024, is ₹1270.40.
The fund has generated 6.72% over the last 1 year and 5.30% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.
The fund managers responsible for Union Overnight Fund Regular Growth are:-
  1. Devesh Thacker
  2. Tarun Singh