Union Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 21
Rating
Growth Option 04-12-2025
NAV ₹1385.55(R) +0.03% ₹1394.74(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.81% 6.32% 5.28% -% -%
Direct 5.91% 6.42% 5.38% -% -%
Benchmark
SIP (XIRR) Regular 5.56% 6.14% 5.89% -% -%
Direct 5.66% 6.25% 5.99% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.16 4.13 0.63 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.14% 0.0% 0.0% - 0.11%
Fund AUM As on: 30/06/2025 373 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Uti Overnight Fund 3
Invesco India Overnight Fund 4
Franklin India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
Union Overnight Fund - Direct Plan - Daily IDCW Option 1000.8
0.0000
0.0000%
Union Overnight Fund - Regular Plan - Daily IDCW Option 1001.26
0.0000
0.0000%
Union Overnight Fund - Regular Plan - Monthly IDCW Option 1001.9
0.2800
0.0300%
Union Overnight Fund - Direct Plan - Monthly IDCW Option 1001.94
0.2900
0.0300%
Union Overnight Fund - Regular Plan - Growth Option 1385.55
0.3900
0.0300%
Union Overnight Fund - Direct Plan - Growth Option 1394.74
0.4000
0.0300%

Review Date: 04-12-2025

Beginning of Analysis

In the Overnight Fund category, Union Overnight Fund is the 22nd ranked fund. The category has total 29 funds. The 2 star rating shows a poor past performance of the Union Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 4.16 which is higher than the category average of 4.08.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Overnight Mutual Funds are ideal for investors seeking a safe, liquid, and ultra-low-risk investment option for very short-term cash management. These funds invest in overnight securities with a maturity of 1 day, offering quick redemption (within 1 business day) and stable returns. While they provide minimal risk and high liquidity, they offer very low returns compared to other debt funds. Investors should consider their liquidity needs and investment horizon before investing in Overnight Funds. These funds are best suited for parking surplus funds for a very short duration, such as overnight or a few days.

Union Overnight Fund Return Analysis

  • The fund has given a return of 0.43%, 1.34 and 2.7 in last one, three and six months respectively. In the same period the category average return was 0.43%, 1.33% and 2.69% respectively.
  • Union Overnight Fund has given a return of 5.91% in last one year. In the same period the Overnight Fund category average return was 5.89%.
  • The fund has given a return of 6.42% in last three years and ranked 17.0th out of 32 funds in the category. In the same period the Overnight Fund category average return was 6.41%.
  • The fund has given a return of 5.38% in last five years and ranked 16th out of 27 funds in the category. In the same period the Overnight Fund category average return was 5.37%.
  • The fund has given a SIP return of 5.66% in last one year whereas category average SIP return is 5.64%. The fund one year return rank in the category is 19th in 34 funds
  • The fund has SIP return of 6.25% in last three years and ranks 16th in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.35%) in the category in last three years.
  • The fund has SIP return of 5.99% in last five years whereas category average SIP return is 5.74%.

Union Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.14 and semi deviation of 0.11. The category average standard deviation is 0.14 and semi deviation is 0.11.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Overnight Fund Category
  • Good Performance in Overnight Fund Category
  • Poor Performance in Overnight Fund Category
  • Very Poor Performance in Overnight Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.42
    0.43
    		0.39 | 0.46 25 | 34 Average
    3M Return % 1.31
    1.32
    		1.23 | 1.36 23 | 34 Average
    6M Return % 2.64
    2.65
    		2.49 | 2.74 24 | 34 Average
    1Y Return % 5.81
    5.81
    		5.46 | 6.01 23 | 34 Average
    3Y Return % 6.32
    6.32
    		6.03 | 6.50 23 | 32 Average
    5Y Return % 5.28
    5.29
    		5.12 | 5.43 20 | 27 Average
    1Y SIP Return % 5.56
    5.56
    		5.21 | 5.76 22 | 34 Average
    3Y SIP Return % 6.14
    6.14
    		5.83 | 6.33 20 | 31 Average
    5Y SIP Return % 5.89
    5.66
    		5.13 | 6.06 13 | 27 Good
    Standard Deviation 0.14
    0.14
    		0.13 | 0.15 12 | 30 Good
    Semi Deviation 0.11
    0.11
    		0.11 | 0.12 19 | 30 Average
    Sharpe Ratio 4.16
    4.08
    		2.14 | 5.43 17 | 30 Average
    Sterling Ratio 0.63
    0.63
    		0.61 | 0.65 21 | 30 Average
    Sortino Ratio 4.13
    4.41
    		1.22 | 9.27 22 | 30 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43 0.43 0.41 | 0.46 20 | 34 Average
    3M Return % 1.34 1.33 1.28 | 1.38 18 | 34 Good
    6M Return % 2.70 2.69 2.59 | 2.76 19 | 34 Average
    1Y Return % 5.91 5.89 5.67 | 6.03 20 | 34 Average
    3Y Return % 6.42 6.41 6.21 | 6.62 17 | 32 Average
    5Y Return % 5.38 5.37 5.22 | 5.48 16 | 27 Average
    1Y SIP Return % 5.66 5.64 5.42 | 5.79 19 | 34 Average
    3Y SIP Return % 6.25 6.23 6.04 | 6.35 16 | 31 Good
    5Y SIP Return % 5.99 5.74 5.21 | 6.09 10 | 27 Good
    Standard Deviation 0.14 0.14 0.13 | 0.15 12 | 30 Good
    Semi Deviation 0.11 0.11 0.11 | 0.12 19 | 30 Average
    Sharpe Ratio 4.16 4.08 2.14 | 5.43 17 | 30 Average
    Sterling Ratio 0.63 0.63 0.61 | 0.65 21 | 30 Average
    Sortino Ratio 4.13 4.41 1.22 | 9.27 22 | 30 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Union Overnight Fund NAV Regular Growth Union Overnight Fund NAV Direct Growth
    04-12-2025 1385.5465 1394.7367
    03-12-2025 1385.3515 1394.5366
    02-12-2025 1385.1589 1394.3389
    01-12-2025 1384.9678 1394.1428
    28-11-2025 1384.3704 1393.53
    27-11-2025 1384.1705 1393.3249
    26-11-2025 1383.977 1393.1263
    25-11-2025 1383.7842 1392.9284
    24-11-2025 1383.5927 1392.7318
    21-11-2025 1382.9962 1392.1199
    20-11-2025 1382.7999 1391.9185
    19-11-2025 1382.6056 1391.7189
    18-11-2025 1382.4137 1391.522
    17-11-2025 1382.223 1391.3262
    14-11-2025 1381.623 1390.7108
    13-11-2025 1381.4243 1390.507
    12-11-2025 1381.2323 1390.3101
    11-11-2025 1381.042 1390.1147
    10-11-2025 1380.8522 1389.9198
    07-11-2025 1380.2731 1389.3255
    06-11-2025 1380.0825 1389.1299
    04-11-2025 1379.6992 1388.7364

    Fund Launch Date: 26/Mar/2019
    Fund Category: Overnight Fund
    Investment 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.
    Fund Description: An open ended debt scheme investing in overnight securities
    Fund Benchmark: CRISIL Overnight Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.