Union Overnight Fund Direct IDCW NAV today
AMFI: 147002ISIN: INF582M01FB0MUTF_IN: UNIO_OVER_DIR_175DUU7Union Mutual FundOvernight funds
NAV ₹1,000.8095
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹657 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.14%18 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- None
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- LowSep 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 430 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 27 Mar 2019
Union Overnight Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | +0.11% | – | – | – | – |
| 1 month | +0.44% | – | 21 of 40 | +0.44% | +0.4% to +0.4% |
| 3 months | +1.28% | – | 17 of 38 | +1.28% | +1.3% to +1.3% |
| 6 months | +2.59% | – | 9 of 36 | +2.58% | +2.6% to +2.6% |
| 1 year | +5.26% | +5.24%to 30 Sep 2026 | 14 of 36 | +5.26% | +5.2% to +5.3% |
| 3 years | +6.02% | +6.06%to 30 Sep 2026 | 16 of 32 | +6.02% | +6.0% to +6.0% |
| 5 years | +5.75% | +5.76%to 30 Sep 2026 | 15 of 26 | +5.76% | +5.7% to +5.8% |
| 10 years | Needs 10 years | – | – | – | – |
| Since launch | +5.11% | +5.17%to 30 Sep 2026 | – | – | – |
₹10,000 put in on 27 Mar 2019 is ₹14,589 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: CRISIL Liquid Overnight Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Overnight funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 7 days yearly rate | +5.03% | +5.09% |
| 15 days yearly rate | +5.02% | +5.07% |
| 1 month yearly rate | +4.86% | +4.84% |
| 3 months yearly rate | +5.04% | +5.04% |
| 6 months yearly rate | +5.15% | +5.13% |
| 1 year | +5.26% | +5.24% |
| 3 years | +6.05% | +6.06% |
| 5 years | +5.72% | +5.76% |
| Since launch | +5.11% | +5.17% |
Benchmark: CRISIL Liquid Overnight Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2024, +6.7%; lowest year to Dec 2021, +3.2%
Union Overnight Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,23,230₹1,23,224 after stamp duty | +5.23% | +5.22% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,91,835₹3,91,815 after stamp duty | +5.66% | +5.65% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,95,744₹6,95,709 after stamp duty | +5.91% | +5.90% | ₹30 | |
| Since Mar 201991 instalments | ₹9,10,000 | ₹11,24,137₹11,24,092 after stamp duty | +5.51% | +5.51% | ₹38 |
10 years: Launched 27 Mar 2019, needs 10 years of history.
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 27 Mar 2019 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year2,401 windows+2.9%+5.1%+6.8%100.0%
3 years1,671 windows+3.6%+5.2%+6.5%100.0%
5 years940 windows+4.7%+5.2%+5.8%100.0%
10 yearsLaunched 27 Mar 2019, needs 11 years of history
Every 1, 3 and 5-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Union Overnight Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.10 ptsA year, on 18 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.14%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.24%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.20%, Sep 2019.Direct plan lowest 0.05%, Dec 2019.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.06% | 0.15% |
| Brokerage | None | None |
| Transaction costs | 0.06% | 0.06% |
| Statutory levies | 0.02% | 0.03% |
Per cent of assets a year, filed for 18 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP dates
- Any date of the month for weekly, fortnightly and monthly frequency
As listed for this plan on 24 Oct 2026.
Union Overnight Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹760 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 70.4%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹845 Cr, quarter to Jun 2026.
Assets at each month end
Highest ₹807 Cr, Nov 2025.Lowest ₹104 Cr, Jun 2025.
Union Overnight Fund portfolio
Portfolio disclosed for 30 Sep 2026.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 5.25%Lines stating a yield: 5.32% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 5.11%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 1days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 1days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 1days
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|---|
| 91 Day Treasury BillsSovereign, repaid 1 Oct 2026 | 3.04% | 20.00 | 20,00,00,000 | 5.30% | Sep 2026 |
| 182 Day Treasury BillsSovereign, repaid 22 Oct 2026 | 0.76% | 4.99 | 5,00,00,000 | 5.20% | Sep 2026 |
| 364 Day Treasury BillsSovereign, repaid 8 Oct 2026 | 0.76% | 5.00 | 5,00,00,000 | 5.20% | Sep 2026 |
| 91 Day Treasury BillsSovereign, repaid 29 Oct 2026 | 0.76% | 4.98 | 5,00,00,000 | 5.15% | Sep 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| 5.30% Reverse Repo | 58.39% | 383.60 |
| 5.25% Reverse Repo | 24.79% | 162.83 |
| 5.20% Reverse Repo | 7.85% | 51.59 |
| TREPS | 3.59% | 23.56 |
| Net Receivable / Payable | 0.06% | 0.38 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 3.04%91 Day Treasury Bills
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 5.32%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 5.32%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 2.6Taken over 5.32% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Bonds and bills5.32%
- Cash and receivables94.68%
Per cent of the fund's net assets.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign5.32%
Other
- Overnight lending94.62%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month99.94%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 monthsNone
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 45.32% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 0
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 2
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 5.32%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| 91 Day Treasury Bills | New | 3.04% | 0.00% | +3.04 pts | +20,00,00,000 |
| 182 Day Treasury Bills | Matured | – | 2.43% | −2.43 pts | – |
| 182 Day Treasury Bills | Matured | – | 1.22% | −1.22 pts | – |
| 182 Day Treasury Bills | New | 0.76% | 0.00% | +0.76 pts | +5,00,00,000 |
| 364 Day Treasury Bills | New | 0.76% | 0.00% | +0.76 pts | +5,00,00,000 |
| 91 Day Treasury Bills | New | 0.76% | 0.00% | +0.76 pts | +5,00,00,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91 Day Treasury Bills | – | – | – | – | – | – | – | – | – | – | – | 3.04%Bought |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | – | – | – | 0.76%Bought |
| 364 Day Treasury Bills | – | – | – | – | – | – | – | – | – | – | – | 0.76%Bought |
| 91 Day Treasury Bills | – | – | – | – | – | – | – | – | – | – | – | 0.76%Bought |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | – | – | 1.22%Bought | Repaid |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | – | – | 2.43%Bought | Repaid |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | – | 0.81%Bought | Repaid | – |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | – | 0.81%Bought | Repaid | – |
| 364 Day Treasury Bills | – | – | – | – | – | – | – | – | – | 1.63%Bought | Repaid | – |
| 91 Day Treasury Bills | – | – | – | – | – | – | – | – | – | 1.63%Bought | Repaid | – |
| 91 Day Treasury Bills | – | – | – | – | – | – | – | – | – | 1.63%Bought | Repaid | – |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | 1.81%Bought | Repaid | – | – |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | – | 2.72%Bought | Repaid | – | – |
| 91 Day Treasury Bills | – | – | – | – | – | – | – | – | 1.81%Bought | Repaid | – | – |
| 182 Day Treasury Bills | – | – | – | – | – | – | – | 1.42%Bought | Repaid | – | – | – |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Overnight funds (32 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.0.20%
0.19%Lowest0.21%Average0.28%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.No losing month
0.00%Lowest0.00%Average0.00%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.−0.38
−3.26Lowest−0.65Average0.92Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.−0.43
−2.37Lowest−0.59Average1.89Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | None | 23 Oct 2025 | 23 Oct 2025 | |
| 3 years | None | 23 Oct 2023 | 23 Oct 2023 | |
| 5 years | None | 23 Oct 2021 | 23 Oct 2021 | |
| Since Mar 2019 | None | 27 Mar 2019 | 27 Mar 2019 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Sep 202660 months | Low | LowCRISIL Liquid Overnight Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Union Overnight Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Tarun Singhcomanage | Mar 2019 | +5.11%a year | – | – | – | – | 1 | ₹657 Cr |
| Devesh Thackercomanage | Mar 2019 | +5.11%a year | – | – | – | – | 6 | ₹7,302 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Union Liquid FundDevesh Thacker | Jun 2011 | – | – | – | ₹5,014 Cr |
| Union Money Market FundDevesh Thacker | Aug 2021 | +6.42%a year | – | – | ₹1,120 Cr |
| Union Ultra Short to Short Term FundDevesh Thacker | Jul 2025 | +5.60%a year | – | – | ₹228 Cr |
| Union Arbitrage FundDevesh Thacker | Feb 2019 | +6.10%a year | – | – | ₹220 Cr |
| Union Dynamic Term FundDevesh Thacker | Jun 2018 | +5.75%a year | – | – | ₹62 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| DSP Overnight FundDSP Mutual Fund | 3.25% | 4 |
| Bajaj Finserv Overnight FundBajaj Finserv Mutual Fund | 3.04% | 1 |
| JioBlackRock Overnight FundJio BlackRock Mutual Fund | 3.04% | 1 |
| Mirae Asset Overnight FundMirae Asset Mutual Fund | 3.04% | 1 |
| UTI Overnight FundUTI Mutual Fund | 2.92% | 4 |
| PGIM India Overnight FundPGIM India Mutual Fund | 2.85% | 2 |
| Nippon India Overnight FundNippon India Mutual Fund | 2.36% | 1 |
| 360 One Overnight Fund360 One Mutual Fund | 2.16% | 2 |
| Tata Overnight FundTata Mutual Fund | 2.07% | 2 |
| Invesco India Overnight FundInvesco Mutual Fund | 2.06% | 1 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Union Liquid FundUnion Mutual Fund | 0.76% |
| Union Corporate Bond FundUnion Mutual Fund | 0.11% |
| Union Dynamic Term FundUnion Mutual Fund | 0.10% |
| Union Gilt FundUnion Mutual Fund | 0.00% |
| Union Money Market FundUnion Mutual Fund | 0.00% |
| Union Short Term FundUnion Mutual Fund | 0.00% |
| Union Ultra Short to Short Term FundUnion Mutual Fund | 0.00% |
As the fund house states it, for Sep 2026.
Union Overnight Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 18 Oct 2026 | ₹0.129492 | 0.013% | ₹1,000.8092 | ₹1,000.8092 |
| 17 Oct 2026 | ₹0.13771 | 0.014% | ₹1,000.8091 | ₹1,000.8092 |
| 16 Oct 2026 | ₹0.145749 | 0.015% | ₹1,000.8091 | ₹1,000.8092 |
| 15 Oct 2026 | ₹0.153219 | 0.015% | ₹1,000.8091 | ₹1,000.8091 |
| 14 Oct 2026 | ₹0.145724 | 0.015% | ₹1,000.8091 | ₹1,000.8091 |
| 13 Oct 2026 | ₹0.143308 | 0.014% | ₹1,000.8091 | ₹1,000.8091 |
| 12 Oct 2026 | ₹0.145851 | 0.015% | ₹1,000.8091 | ₹1,000.8091 |
| 11 Oct 2026 | ₹0.144273 | 0.014% | ₹1,000.8091 | ₹1,000.8091 |
| 10 Oct 2026 | ₹0.1443 | 0.014% | ₹1,000.8091 | ₹1,000.8091 |
| 9 Oct 2026 | ₹0.141985 | 0.014% | ₹1,000.8091 | ₹1,000.8091 |
| 8 Oct 2026 | ₹0.143016 | 0.014% | ₹1,000.8091 | ₹1,000.8091 |
| 7 Oct 2026 | ₹0.144233 | 0.014% | ₹1,000.8091 | ₹1,000.8091 |
The latest 120 of 2,716 payouts since 31 Mar 2019.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The investment objective of the Scheme is to generate returns by investing in Debt and Money Market Instruments with overnight maturity. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Asset allocation
- Investment in overnight securities having maturity of 1 day: 0%-100% of net assets. In accordance with Clause 3.8.2(1) of SEBI Master Circular for Mutual Funds dated March 20, 2026, the Scheme may deploy, not exceeding 5% of the net assets of the Scheme in G-secs and/or T-bills with a residual maturity of upto 30 calendar days for the purpose of placing the same as margin and collateral for certain transactions. Please refer the Scheme Information Document for complete details.
Type of scheme
An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- CRISIL Liquid Overnight Index ##CRISIL Benchmark
- Potential risk classPotential risk class. The most risk a debt fund says it may take, as a letter and a numeral: the letter is credit risk, from A (relatively low) to C (relatively high), and the numeral is interest rate risk, from I (relatively low) to III (relatively high).
- A-I
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Low Risk Note: The above was the risk level at the time of introduction of 6 risk level riskometer in accordance with Sebi circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020
- New fund offer
- 26 Mar 2019 to 26 Mar 2019
- Units first allotted
- 27 Mar 2019
- Open for sale again
- 28 Mar 2019
- Price at the offer
- ₹1,000 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 147003 | INF582M01FA2 | UNIO_OVER_DIR_1HJBIMS | 27 Mar 2019 | |
| Regular Growth | 146997 | INF582M01FJ3 | UNIO_OVER_REG_ZVJ86C | 27 Mar 2019 | |
| Direct IDCW | 147002 | INF582M01FB0 | UNIO_OVER_DIR_175DUU7 | 27 Mar 2019 | |
| Regular IDCW | 146998 | INF582M01FK1 | UNIO_OVER_REG_1PYEOSQ | 27 Mar 2019 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- September 2026 (opens in a new tab)Union Mutual Fund, Sep 2026
Statement of additional information
- SAI Union Mutual Fund (opens in a new tab)Union Mutual Fund, Oct 2026
Annual report
- Debt including Fixed Maturity Plan (FMP) Abridged Report - Annual Report - FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
- Annual Report - FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure Of Risk-O-Meter Levels FY 2025-26 (opens in a new tab)Union Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - 30Sep2026 (opens in a new tab)Union Mutual Fund, Sep 2026