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Union Overnight Fund - Direct Plan - Monthly IDCW Option

Union · Overnight
Low
₹1005.01
Current NAV
25 Jun 2026
15.4%
1Y Return
22.4%
3Y CAGR
16.4%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.54%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.84).
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
1.84
Sharpe Ratio
0.54
Beta
0.34
Alpha
2.28
Sortino
Fund Details
Fund House Union
Category Overnight
AUM ₹3390 Cr
Expense Ratio 0.54%
Min SIP ₹500
Min Lumpsum ₹1000
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