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Union Overnight Fund Direct Growth

Debt
Overnight
Low Risk
0.27%
1M return
+0.01% 1D
1M
6M
1Y
All
NAV: 30 Nov 2021₹1,106.80
Min. SIP amount₹2,000
Rating2
Fund size₹174.30Cr

Returns and rankings

Category: Debt Overnight
Absolute returns
3M6M1YAll
Fund returns0.8%1.6%3.2%10.7%
Category averageNANA3.0%NA
Rank with in category121819NA
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Pros and cons

Category: Debt Overnight

Pros

Exit load is zero
Lower expense ratio: 0.08%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 174Cr. Funds with lower AUM tend to have higher expense ratio
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.08%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹2,000

Fund management

Tarun Singh
Mar 2019 - Present
View details

Fund house & investment objective

Fund house contact details

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