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Union Overnight Fund - Direct Plan - Daily IDCW Option

Union · Overnight
Low
₹1000.81
Current NAV
25 Jun 2026
22.4%
1Y Return
10.4%
3Y CAGR
12.4%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.54%.
  • Very large asset base (AUM: ₹15,690 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.64
Sharpe Ratio
1.44
Beta
-0.36
Alpha
0.79
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Fund Details
Fund House Union
Category Overnight
AUM ₹15690 Cr
Expense Ratio 0.54%
Min SIP ₹500
Min Lumpsum ₹1000
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