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Union Overnight Fund Direct-idcw Monthly
Debt
Low Risk
Latest AUM
₹ 550.4 Cr.
NAV as on 03 aug, 2026
₹ 1,001.64
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Union Overnight Fund Direct-idcw Monthly
Inception Date
27 Mar 2019
Lock In
No Lock-in
SIP Minimum Investment amount
₹500
SWP Minimum Investment amount
₹500
STP Minimum Investment amount
₹100
Risk
Principal at low risk
Category Average Annual Returns
6.21
Portfolio Composition Analysis
Debt
6.34%
Cash
93.66%
Portfolio Updated on: 08 Jul, 2026
Sector Allocations
Debt
Financial
Portfolio Updated on: 03 aug, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 100 | Financial | Treasury Bills | 2.72% |
| GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 100 | Financial | Treasury Bills | 2.72% |
| GOVERNMENT OF INDIA 36938 091 DAYS TBILL 17AP26 FV RS 100 | Financial | Treasury Bills | 3.76% |
| GOVERNMENT OF INDIA 37175 091 DAYS TBILL 04JU26 FV RS 100 | Financial | Treasury Bills | 1.42% |
| GOVERNMENT OF INDIA 36907 182 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 1.81% |
| GOVERNMENT OF INDIA 36907 182 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 1.81% |
| GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 1.81% |
| GOVERNMENT OF INDIA 36581 182 DAYS TBILL 09AP26 FV RS 100 | Financial | Treasury Bills | 2.51% |
| GOVERNMENT OF INDIA 36813 182 DAYS TBILL 11JU26 FV RS 100 | Financial | Treasury Bills | 1.42% |
| GOVERNMENT OF INDIA 35851 364 DAYS TBILL 16AP26 FV RS 100 | Financial | Treasury Bills | 2.51% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 1.18% |
| Standard Deviation | 0.20% |
| Sortino Ratio | 2.34% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.31% | NA | 1.35% |
| 6 Months | 2.56% | NA | 2.84% |
| 9 Months | 3.91% | NA | 4.52% |
| 1 Year | 5.33% | 5.33% | 6.21% |
| 2 Years | 11.94% | 5.80% | 6.50% |
| 3 Years | 19.57% | 6.14% | 6.44% |
| 5 Years | 31.69% | 5.66% | 5.23% |
| 7 Years | 41.37% | 5.07% | NA |
Union Overnight Fund Direct-idcw Monthly is one Debt mutual fund offered by Union Mutual Fund. Launched on 27 Mar 2019, the fund aims Income over short term. Investment in Debt and Money Market instruments with overnight maturity. It manages assets worth ₹550.4 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.14%.
Devesh Thacker has experience Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
Tarun Singh has experience Prior joining to Union Mutual Fund he has worked with SBI Funds Management Private Limited and Prebon Yamane India Ltd. as Fixed Income Dealer. Enron India Pvt. Ltd as Accounts Executive.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Bank Of India Overnight Fund Direct-growth | 42.9 | +0.44% | +1.48% | +2.74% | +5.57% | +6.28% | +5.79% |
| Bank Of India Overnight Fund Direct-idcw Daily | 42.9 | +0.44% | +1.48% | +2.74% | +5.57% | +6.28% | +5.79% |
| Bank Of India Overnight Fund Direct-idcw Monthly | 42.9 | +0.44% | +1.48% | +2.74% | +5.57% | +6.28% | +5.79% |
| Bank Of India Overnight Fund Regular-growth | 42.9 | +0.44% | +1.47% | +2.72% | +5.54% | +6.25% | +5.75% |
| Bank Of India Overnight Fund Regular-idcw Daily | 42.9 | +0.44% | +1.47% | +2.72% | +5.54% | +6.25% | +5.75% |
| Bank Of India Overnight Fund Regular-idcw Monthly | 42.9 | +0.44% | +1.47% | +2.72% | +5.54% | +6.25% | +5.75% |
| Axis Overnight Fund Direct-growth | 8,216.3 | +0.44% | +1.31% | +2.57% | +5.36% | +6.17% | +5.70% |
| Axis Overnight Fund Direct-idcw Daily | 8,216.3 | +0.44% | +1.31% | +2.57% | +5.36% | +6.17% | +5.70% |
| Axis Overnight Fund Direct-idcw Monthly | 8,216.3 | +0.44% | +1.31% | +2.57% | +5.36% | +6.17% | +5.70% |
| Axis Overnight Fund Direct-idcw Weekly | 8,216.3 | +0.44% | +1.31% | +2.57% | +5.36% | +6.17% | +5.70% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Union Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Union Overnight Fund Regular-growth | 550.4 | +0.43% | +1.28% | +2.51% | +5.22% | +6.03% | +5.56% |
| Union Overnight Fund Direct-growth | 550.4 | +0.44% | +1.31% | +2.56% | +5.33% | +6.14% | +5.66% |
| Union Overnight Fund Direct-idcw Daily | 550.4 | +0.44% | +1.31% | +2.56% | +5.33% | +6.14% | +5.66% |
| Union Overnight Fund Regular-idcw Daily | 550.4 | +0.43% | +1.28% | +2.51% | +5.22% | +6.03% | +5.56% |
| Union Overnight Fund Regular-idcw Monthly | 550.4 | +0.43% | +1.28% | +2.51% | +5.22% | +6.03% | +5.56% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| SBI Overnight Fund Regular-growth | 26,838.6 | +0.43% | +1.28% | +2.50% | +5.23% | +6.03% | +5.55% |
| SBI Overnight Fund Direct-growth | 26,838.6 | +0.44% | +1.30% | +2.53% | +5.29% | +6.10% | +5.63% |
| SBI Overnight Fund Regular-idcw Daily | 26,838.6 | +0.43% | +1.28% | +2.50% | +5.23% | +6.03% | +5.55% |
| SBI Overnight Fund Direct-idcw Daily | 26,838.6 | +0.44% | +1.30% | +2.53% | +5.29% | +6.10% | +5.63% |
| SBI Overnight Fund Direct-idcw Weekly | 26,838.6 | +0.44% | +1.30% | +2.53% | +5.29% | +6.10% | +5.63% |
| SBI Overnight Fund Regular-idcw Weekly | 26,838.6 | +0.43% | +1.28% | +2.50% | +5.23% | +6.03% | +5.55% |
| Nippon India Etf Nifty 1d Rate Liquid Bees-idcw Daily | 10,533.6 | +0.37% | +1.12% | +2.14% | +4.50% | +5.27% | +4.84% |
| ICICI Prudential Overnight Fund-growth | 10,066.3 | +0.43% | +1.28% | +2.52% | +5.26% | +6.07% | +5.58% |
| ICICI Prudential Overnight Fund Direct-growth | 10,066.3 | +0.44% | +1.30% | +2.55% | +5.33% | +6.13% | +5.65% |
| ICICI Prudential Overnight Fund-idcw Daily | 10,066.3 | +0.43% | +1.28% | +2.52% | +5.26% | +6.07% | +5.58% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Bank Of India Overnight Fund Direct-growth | ₹1,394.49 | +6.28% | +5.79% | — |
| Bank Of India Overnight Fund Direct-idcw Daily | ₹1,000.00 | +6.28% | +5.79% | — |
| Bank Of India Overnight Fund Direct-idcw Monthly | ₹1,001.01 | +6.28% | +5.79% | — |
| Bank Of India Overnight Fund Regular-growth | ₹1,390.17 | +6.25% | +5.75% | — |
| Bank Of India Overnight Fund Regular-idcw Daily | ₹1,000.00 | +6.25% | +5.75% | — |
| Bank Of India Overnight Fund Regular-idcw Monthly | ₹1,001.00 | +6.25% | +5.75% | — |
| Axis Overnight Fund Direct-growth | ₹1,451.04 | +6.17% | +5.70% | — |
| Axis Overnight Fund Direct-idcw Daily | ₹1,000.51 | +6.17% | +5.70% | — |
| Axis Overnight Fund Direct-idcw Monthly | ₹1,001.84 | +6.17% | +5.70% | — |
| Axis Overnight Fund Direct-idcw Weekly | ₹1,000.70 | +6.17% | +5.70% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 03 Aug 2026 | ₹1,001.64 |
| 02 Aug 2026 | ₹1,001.50 |
| 01 Aug 2026 | ₹1,001.36 |
| 31 Jul 2026 | ₹1,001.21 |
| 30 Jul 2026 | ₹1,001.07 |
| 29 Jul 2026 | ₹1,000.93 |
| 28 Jul 2026 | ₹1,000.78 |
| 27 Jul 2026 | ₹1,005.15 |
| 26 Jul 2026 | ₹1,005.01 |
| 25 Jul 2026 | ₹1,004.87 |
| 24 Jul 2026 | ₹1,004.73 |
| 23 Jul 2026 | ₹1,004.60 |
| 22 Jul 2026 | ₹1,004.46 |
| 21 Jul 2026 | ₹1,004.32 |
| 20 Jul 2026 | ₹1,004.17 |
| 19 Jul 2026 | ₹1,004.03 |
| 18 Jul 2026 | ₹1,003.88 |
| 17 Jul 2026 | ₹1,003.74 |
| 16 Jul 2026 | ₹1,003.59 |
| 15 Jul 2026 | ₹1,003.45 |
| 14 Jul 2026 | ₹1,003.31 |
| 13 Jul 2026 | ₹1,003.17 |
| 12 Jul 2026 | ₹1,003.03 |
| 11 Jul 2026 | ₹1,002.88 |
| 10 Jul 2026 | ₹1,002.74 |
| 09 Jul 2026 | ₹1,002.60 |
| 08 Jul 2026 | ₹1,002.45 |
| 07 Jul 2026 | ₹1,002.31 |
| 06 Jul 2026 | ₹1,002.17 |
| 05 Jul 2026 | ₹1,002.03 |
Portfolio Updated on: 04 Aug, 2026
Fund Growth & Size Analysis
+₹550.4 Cr
Since Launch
This Fund
Category Average
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Union Overnight Fund Direct-idcw Monthly Returns Comparison
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Union Overnight Fund Direct-idcw Monthly FAQ'S
- Sharpe Ratio: 1.18%
- Standard Deviation: 0.20%
- Sortino Ratio: 2.34%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under Union Overnight Fund Direct-idcw Monthly stand at approximately ₹ 550.4 crore.
The Union Overnight Fund Direct-idcw Monthly has delivered the following short-term performance:
- 3 Months Return: 1.31%
- 6 Months Return: 2.56%
The historical growth of the Union Overnight Fund Direct-idcw Monthly is reflected through its CAGR returns:
- 3 Year CAGR: 6.14%
- 5 Year CAGR: 5.66%
- Return Since Launch: 5.11%
The portfolio of Union Overnight Fund Direct-idcw Monthly is distributed across different asset classes as follows:
- Debt Instruments: 6.34%
- Other Assets: 93.66%
The Union Overnight Fund Direct-idcw Monthly is managed by Tarun Singh, representing Union Mutual Fund.
Top stock holdings of Union Overnight Fund Direct-idcw Monthly include:
- GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 100 – represents 2.72% of the portfolio
- GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 100 – represents 2.72% of the portfolio
- GOVERNMENT OF INDIA 36938 091 DAYS TBILL 17AP26 FV RS 100 – represents 3.76% of the portfolio
- GOVERNMENT OF INDIA 37175 091 DAYS TBILL 04JU26 FV RS 100 – represents 1.42% of the portfolio
- GOVERNMENT OF INDIA 36907 182 DAYS TBILL 09JL26 FV RS 100 – represents 1.81% of the portfolio
- GOVERNMENT OF INDIA 36907 182 DAYS TBILL 09JL26 FV RS 100 – represents 1.81% of the portfolio
- GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 – represents 1.81% of the portfolio
- GOVERNMENT OF INDIA 36581 182 DAYS TBILL 09AP26 FV RS 100 – represents 2.51% of the portfolio
- GOVERNMENT OF INDIA 36813 182 DAYS TBILL 11JU26 FV RS 100 – represents 1.42% of the portfolio
- GOVERNMENT OF INDIA 35851 364 DAYS TBILL 16AP26 FV RS 100 – represents 2.51% of the portfolio
Major sector exposures in Union Overnight Fund Direct-idcw Monthly are:
- Financial – accounts for 65.22% of the portfolio
