|Min SIP Amount||₹2000|
|NAV||₹1070.27 (28 Oct 2020)|
|Fund Started||26 Mar 2019|
|Fund Size||₹23 Cr|
Union Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 26 Mar 2019. Devesh Thacker is the Current Fund Manager of Union Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹23 Cr and the Latest NAV as of 28 Oct 2020 is ₹1070.27.
The Union Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.
The Scheme seeks to generate returns by investing in Debt and Money Market Instruments with overnight maturity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.