Union Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 17
Rating
Growth Option 19-10-2026
NAV ₹1447.4(R) +0.05% ₹1458.25(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.14% 5.92% 5.65% 4.98% -%
Direct 5.24% 6.03% 5.75% 5.08% -%
Benchmark
SIP (XIRR) Regular 5.13% 5.56% 5.8% 5.48% -%
Direct 5.23% 5.67% 5.91% 5.59% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.36 0.71 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 0.0% 0.0% - 0.15%
Fund AUM As on: 30/12/2025 516 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Franklin India Overnight Fund 3
UTI Overnight Fund 4
Invesco India Overnight Fund 5
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 19-10-2026

Scheme Name NAV Rupee Change Percent Change
Union Overnight Fund - Direct Plan - Daily IDCW Option 1000.81
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 1004.04
0.4600
0.0500%
Union Overnight Fund - Direct Plan - Monthly IDCW Option 1004.1
0.4700
0.0500%
Union Overnight Fund - Regular Plan - Growth Option 1447.4
0.6600
0.0500%
Union Overnight Fund - Direct Plan - Growth Option 1458.25
0.6800
0.0500%

Review Date: 19-10-2026

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 1.36 which is higher than the category average of 1.34.
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 0.4%, 1.26 and 2.57 in last one, three and six months respectively. In the same period the category average return was 0.4%, 1.25% and 2.55% respectively.
  • Union Overnight Fund has given a return of 5.24% in last one year. In the same period the Overnight Fund category average return was 5.2%.
  • The fund has given a return of 6.03% in last three years and ranked 16.0th out of thirty two funds in the category. In the same period the Overnight Fund category average return was 6.0%.
  • The fund has given a return of 5.75% in last five years and ranked 15th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.74%.
  • The fund has given a SIP return of 5.23% in last one year whereas category average SIP return is 4.76%. The fund one year return rank in the category is 13th in 36 funds
  • The fund has SIP return of 5.67% in last three years and ranks 16th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.84%) in the category in last three years.
  • The fund has SIP return of 5.91% in last five years whereas category average SIP return is 5.87%.

Union Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.2 and semi deviation of 0.15. The category average standard deviation is 0.2 and semi deviation is 0.15.

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 % 0.39
    0.40
    		0.37 | 0.42 25 | 35 Average
    3M Return % 1.24
    1.24
    		1.13 | 1.28 19 | 35 Average
    6M Return % 2.52
    2.52
    		2.34 | 2.75 17 | 34 Good
    1Y Return % 5.14
    5.13
    		4.74 | 5.45 20 | 34 Average
    3Y Return % 5.92
    5.92
    		5.58 | 6.14 21 | 32 Average
    5Y Return % 5.65
    5.65
    		5.45 | 5.85 18 | 27 Average
    7Y Return % 4.98
    5.00
    		4.88 | 5.07 20 | 23 Poor
    1Y SIP Return % 5.13
    4.66
    		-10.28 | 5.45 17 | 34 Good
    3Y SIP Return % 5.56
    5.50
    		3.84 | 5.82 19 | 32 Average
    5Y SIP Return % 5.80
    5.79
    		5.22 | 6.03 19 | 27 Average
    7Y SIP Return % 5.48
    5.36
    		5.08 | 5.58 11 | 23 Good
    Standard Deviation 0.20
    0.20
    		0.18 | 0.27 15 | 30 Good
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 15 | 30 Good
    Sharpe Ratio 1.36
    1.34
    		-0.16 | 2.45 20 | 30 Average
    Sterling Ratio 0.61
    0.61
    		0.58 | 0.63 18 | 30 Average
    Sortino Ratio 0.71
    0.73
    		-0.06 | 1.62 19 | 30 Average
    Return data last Updated On : Oct. 19, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.40 0.40 0.39 | 0.43 22 | 37 Average
    3M Return % 1.26 1.25 1.18 | 1.30 16 | 37 Good
    6M Return % 2.57 2.55 2.43 | 2.75 8 | 36 Very Good
    1Y Return % 5.24 5.20 4.94 | 5.47 14 | 36 Good
    3Y Return % 6.03 6.00 5.79 | 6.17 16 | 32 Good
    5Y Return % 5.75 5.74 5.55 | 5.88 15 | 27 Average
    7Y Return % 5.08 5.09 4.98 | 5.14 17 | 23 Average
    1Y SIP Return % 5.23 4.76 -10.23 | 5.46 13 | 36 Good
    3Y SIP Return % 5.67 5.59 3.91 | 5.84 16 | 32 Good
    5Y SIP Return % 5.91 5.87 5.29 | 6.05 15 | 27 Average
    7Y SIP Return % 5.59 5.44 5.17 | 5.62 9 | 23 Good
    Standard Deviation 0.20 0.20 0.18 | 0.27 15 | 30 Good
    Semi Deviation 0.15 0.15 0.14 | 0.20 15 | 30 Good
    Sharpe Ratio 1.36 1.34 -0.16 | 2.45 20 | 30 Average
    Sterling Ratio 0.61 0.61 0.58 | 0.63 18 | 30 Average
    Sortino Ratio 0.71 0.73 -0.06 | 1.62 19 | 30 Average
    Return data last Updated On : Oct. 19, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    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
    19-10-2026 1447.3994 1458.253
    16-10-2026 1446.7348 1457.5721
    15-10-2026 1446.5212 1457.3534
    14-10-2026 1446.3031 1457.1297
    13-10-2026 1446.0962 1456.9174
    12-10-2026 1445.8929 1456.7087
    09-10-2026 1445.2761 1456.0758
    08-10-2026 1445.0745 1455.8689
    07-10-2026 1444.8718 1455.6607
    06-10-2026 1444.6674 1455.4509
    05-10-2026 1444.4746 1455.2527
    01-10-2026 1443.67 1454.4263
    30-09-2026 1443.4784 1454.2293
    29-09-2026 1443.2797 1454.0258
    28-09-2026 1443.0873 1453.8285
    25-09-2026 1442.4987 1453.2261
    24-09-2026 1442.3056 1453.0284
    23-09-2026 1442.1111 1452.8291
    22-09-2026 1441.9147 1452.6274
    21-09-2026 1441.718 1452.4253

    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.