Union Overnight Fund Direct-IDCW Daily

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 1.30%
NAV: ₹1,000.81 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Union Overnight Fund Direct-IDCW Daily

  • ₹731.7 Cr
    AUM
  • ₹1,000.81
    NAV
  • 0.14%
    Expense Ratio
  • Debt
    Fund Category
As on Thu Nov 05, 2026
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Union Overnight Fund Direct-IDCW Daily Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 1.30% NA 1.35%
6 Months 2.62% NA 2.84%
1 Year 5.26% 5.26% 6.21%
2 Years 11.59% 5.64% 6.50%
3 Years 19.12% 6.01% 6.44%
5 Years 32.38% 5.77% 5.23%
7 Years 41.45% 5.08% NA
View More
As on Thu Nov 05, 2026

Dividend of Union Overnight Fund Direct-IDCW Daily : 0.01%

Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision

Asset Allocation of Union Overnight Fund Direct-IDCW Daily

debt instruments

3.64%

other assets or cash equivalents

96.36%
Top Holdings
Reverse Repo
96.46%
Reverse Repo
90.05%
Reverse Repo
91.03%
Reverse Repo
91.03%
Reverse Repo
70.98%
 
Top Sectors
Unspecified
1,733.68%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
Invest Now

About Fund

About Union Overnight Fund Direct-IDCW Daily

Union Overnight Fund Direct-IDCW Daily 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 ₹731.7 crore as on Sat Oct 31, 2026. The expense ratio stands at 0.14%.
The portfolio allocation consists of 3.64% in debt instruments, 96.36% in other assets or cash equivalents.Managed by Tarun Singh, it has delivered a return of 5.26% in the last year, a total return since inception of 5.11%.
The latest dividend was declared on 05 Nov 2026 at 0.01% of face value.
For those looking to make informed investment decisions it is useful to review best sip plans suited to individual risk appetite.

Read more
  • Devesh Thacker

    Fund Manager

  • Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.

    Manager Education

  • Tarun Singh

    Fund Manager

  • Mr. Singh has done B.Sc.

    Manager Education

Key Metrics of Union Overnight Fund Direct-IDCW Daily

  • Standard Deviation
    0.20%
  • Mean
    5.86%
  • Sharpe Ratio
    1.46%
  • Sortino Ratio
    3.10%

Union Overnight Fund Direct-IDCW Daily Fund Details

Fund Names Union Overnight Fund Direct-IDCW Daily
Inception Date 27 Mar 2019
Lock In No Lock-in
 
Risk Principal at low risk
Category Average Annual Returns 6.21
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Union Overnight Fund Direct-IDCW Daily Fund Returns Comparison

Compare Union Overnight Fund Direct-IDCW Daily with other mutual funds in the same category

Union Overnight Fund Direct-IDCW Daily

Bank Of India Overnight Fund Direct-Growth

Bank Of India Overnight Fund Direct-IDCW Daily

Compare more funds

Start An Sip Today Watch Your Money Grow

Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Bank Of India Overnight Fund Direct-Growth trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Direct-IDCW Daily trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Direct-IDCW Monthly trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Direct-IDCW Weekly trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Regular-Growth trend ₹67 0.47% 1.32% 5.46% 6.12% 5.86%
Bank Of India Overnight Fund Regular-IDCW Daily trend ₹67 0.47% 1.32% 5.46% 6.12% 5.86%
Bank Of India Overnight Fund Regular-IDCW Monthly trend ₹67 0.47% 1.32% 5.46% 6.12% 5.86%
Axis Overnight Fund Direct-Growth trend ₹15,218 0.47% 1.31% 5.29% 6.04% 5.81%
Axis Overnight Fund Direct-IDCW Daily trend ₹15,218 0.47% 1.31% 5.29% 6.04% 5.81%
Axis Overnight Fund Direct-IDCW Monthly trend ₹15,218 0.47% 1.31% 5.29% 6.04% 5.81%
View More
increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Union Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Union Overnight Fund Regular-Growth increase ₹732 0.46% 1.28% 2.57% 5.16% 5.90%
Union Overnight Fund Direct-Growth increase ₹732 0.47% 1.30% 2.62% 5.26% 6.01%
Union Overnight Fund Regular-IDCW Daily increase ₹732 0.46% 1.28% 2.57% 5.16% 5.90%
Union Overnight Fund Direct-IDCW Fortnightly increase ₹732 0.47% 1.30% 2.62% 5.26% 6.01%
Union Overnight Fund Regular-IDCW Fortnightly increase ₹732 0.46% 1.28% 2.57% 5.16% 5.90%
Union Overnight Fund Direct-IDCW Monthly increase ₹732 0.47% 1.30% 2.62% 5.26% 6.01%
Union Overnight Fund Regular-IDCW Monthly increase ₹732 0.46% 1.28% 2.57% 5.16% 5.90%
Union Overnight Fund Regular-IDCW Weekly increase ₹732 0.46% 1.28% 2.57% 5.16% 5.90%
Union Overnight Fund Direct-IDCW Weekly increase ₹732 0.47% 1.30% 2.62% 5.26% 6.01%
View More
increase growth is based on 1-month returns of the funds

Union Overnight Fund Direct-IDCW Daily Calculator

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Top 25% of investors consistently generate more than 12% return
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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
SBI Overnight Fund Regular-Growth trend ₹35,912 ₹4,453.72 5.90% 5.66% 5.26%
SBI Overnight Fund Direct-Growth trend ₹35,912 ₹4,515.54 5.97% 5.74% 5.34%
SBI Overnight Fund Direct-IDCW Daily trend ₹35,912 ₹1,401.57 5.97% 5.74% 5.34%
SBI Overnight Fund Regular-IDCW Daily trend ₹35,912 ₹1,394.90 5.90% 5.66% 5.26%
SBI Overnight Fund Regular-IDCW Weekly trend ₹35,912 ₹1,424.28 5.90% 5.66% 5.26%
SBI Overnight Fund Direct-IDCW Weekly trend ₹35,912 ₹1,431.20 5.97% 5.74% 5.34%
Axis Overnight Fund Direct-Growth trend ₹15,218 ₹1,470.40 6.04% 5.81% -
Axis Overnight Fund Regular-Growth trend ₹15,218 ₹1,464.64 6.00% 5.76% -
Axis Overnight Fund Direct-IDCW Daily trend ₹15,218 ₹1,000.51 6.04% 5.81% -
Axis Overnight Fund Regular-IDCW Daily trend ₹15,218 ₹1,000.50 6.00% 5.76% -
View More
Top funds are based on Fund AUM

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Union Overnight Fund Direct-IDCW Daily Detailed Portfolio

Stocks Sector % of Holding Value
Reverse RepoUnspecified96.46%₹705.80 Cr
Reverse RepoUnspecified90.05%₹635.10 Cr
Reverse RepoUnspecified91.03%₹598.02 Cr
Reverse RepoUnspecified91.03%₹598.02 Cr
Reverse RepoUnspecified70.98%₹573.17 Cr
Reverse RepoUnspecified93.65%₹515.48 Cr
Reverse RepoUnspecified93.65%₹515.48 Cr
Reverse RepoUnspecified93.65%₹515.48 Cr
Reverse RepoUnspecified93.65%₹515.48 Cr
Reverse RepoUnspecified96.21%₹395.74 Cr
Reverse RepoUnspecified96.21%₹395.74 Cr
Reverse RepoUnspecified96.21%₹395.74 Cr
Reverse RepoUnspecified93.43%₹384.05 Cr
Reverse RepoUnspecified81.32%₹356.37 Cr
Reverse RepoUnspecified86.19%₹355.29 Cr
Reverse RepoUnspecified86.19%₹355.29 Cr
Reverse RepoUnspecified87.94%₹350.24 Cr
Reverse RepoUnspecified77.49%₹305.21 Cr
Reverse RepoUnspecified91.84%₹272.32 Cr
RepoUnspecified26.51%₹214.10 Cr
View More

Top Debt Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
Bank Of India Overnight Fund Direct-Growth increase ₹1,413.18 6.14% 5.90% -
Bank Of India Overnight Fund Direct-IDCW Daily increase ₹1,000.00 6.14% 5.90% -
Bank Of India Overnight Fund Direct-IDCW Monthly increase ₹1,001.56 6.14% 5.90% -
Bank Of India Overnight Fund Direct-IDCW Weekly increase ₹1,000.46 6.14% 5.90% -
Bank Of India Overnight Fund Regular-Growth increase ₹1,408.89 6.12% 5.86% -
Bank Of India Overnight Fund Regular-IDCW Daily increase ₹1,000.00 6.12% 5.86% -
Bank Of India Overnight Fund Regular-IDCW Monthly increase ₹1,001.54 6.12% 5.86% -
Axis Overnight Fund Direct-Growth increase ₹1,470.40 6.04% 5.81% -
Axis Overnight Fund Direct-IDCW Daily increase ₹1,000.51 6.04% 5.81% -
Axis Overnight Fund Direct-IDCW Monthly increase ₹1,002.38 6.04% 5.81% -
View More
increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Union Overnight Fund Direct-IDCW Daily

What is the current AUM of Union Overnight Fund Direct-IDCW Daily?

As of Sat Oct 31, 2026, Union Overnight Fund Direct-IDCW Daily manages assets worth ₹731.7 crore

How has Union Overnight Fund Direct-IDCW Daily performed recently?

  • 3 Months: 1.30%
  • 6 Months: 2.62%

What is the long-term performance of Union Overnight Fund Direct-IDCW Daily?

  • 3 Years CAGR: 6.01%
  • 5 Years CAGR: 5.77%
  • Since Inception: 5.11%

What is the portfolio composition of Union Overnight Fund Direct-IDCW Daily?

Debt: 3.64%, Others: 96.36%.

Who manages Union Overnight Fund Direct-IDCW Daily?

Union Overnight Fund Direct-IDCW Daily is managed by Tarun Singh from Union Mutual Fund.

When was the last dividend declared by Union Overnight Fund Direct-IDCW Daily?

Latest dividend was declared on 05 Nov 2026 at 0.01% of face value.

Which are the top companies Union Overnight Fund Direct-IDCW Daily has invested in?

  • Reverse Repo – 96.46% of the fund's portfolio
  • Reverse Repo – 90.05% of the fund's portfolio
  • Reverse Repo – 91.03% of the fund's portfolio
  • Reverse Repo – 91.03% of the fund's portfolio
  • Reverse Repo – 70.98% of the fund's portfolio

Which are the major sectors Union Overnight Fund Direct-IDCW Daily focuses on?

  • Unspecified – 1,733.68% of the fund's portfolio
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