Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.11% | 0.43% | 1.28% | 2.59% | 5.26% | 6.02% | 5.76% | 5.08% | – |
NAV history
About this fund
Union Overnight Fund is a overnight debt fund offered by Union Mutual Fund, classified under Debt as Debt Scheme - Overnight Fund. Overnight funds are among the lowest-risk fund categories. Its latest NAV is ₹1,458.93, with assets under management of about ₹845 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Union Overnight Fund has recorded a return of about 5.3%, with a three-year return of 6.0% and a five-year return of 5.8%. Its annualised volatility is 0.1% — relatively low fluctuations — and its Sharpe ratio is -17.71, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.06%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.08 | 5.34 | 2.94 | 6.82 | 100% | 0% |
| 3Y | 5.23 | 5.49 | 3.63 | 6.46 | 100% | 0% |
| 5Y | 5.19 | 5.18 | 4.72 | 5.75 | 100% | 0% |
| 7Y | 5.08 | 5.08 | 5.07 | 5.10 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Overnight Fund Debt Scheme - Overnight Fund | 0.44 | 1.29 | 2.60 | 5.28 | 6.03 | 5.76 | – | 0.05 |
| Franklin India Overnight Fund Debt Scheme - Overnight Fund | 0.44 | 1.29 | 2.61 | 5.31 | 6.02 | 5.73 | – | 0.06 |
| HSBC Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.58 | 5.26 | 6.03 | 5.77 | – | 0.05 |
| Groww Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.25 | 2.53 | 5.15 | 5.95 | 5.62 | – | 0.10 |
| LIC MF Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.59 | 5.26 | 6.03 | 5.76 | – | 0.06 |
| Canara Robeco Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.58 | 5.21 | 5.95 | 5.70 | – | 0.07 |
| Mahindra Manulife Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.57 | 5.24 | 6.02 | 5.76 | – | 0.06 |
| Edelweiss Overnight Fund Debt Scheme - Overnight Fund | 0.44 | 1.28 | 2.59 | 5.24 | 5.98 | 5.71 | – | 0.06 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Union Large & Midcap Fund Equity Scheme - Large & Mid Cap Fund | -6.51 | -4.20 | -0.90 | -2.82 | 11.04 | 9.72 | – | 0.83 |
| Union Midcap Fund Equity Scheme - Mid Cap Fund | -7.80 | -6.11 | -1.66 | -0.40 | 14.23 | 13.34 | – | 0.66 |
| Union Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -4.35 | -3.76 | -1.71 | -3.07 | 9.19 | 7.82 | – | 1.04 |
| Union Money Market Fund Debt Scheme - Money Market Fund | 0.23 | 1.47 | 3.14 | 6.56 | 7.14 | 6.49 | – | 0.14 |
| Union Gilt Fund Debt Scheme - Gilt Fund | -2.47 | -2.43 | -0.39 | -1.76 | 4.58 | – | – | 0.55 |
| Union Retirement Fund Solution Oriented Scheme - Retirement Fund | -6.15 | -6.96 | -3.92 | -3.63 | 10.75 | – | – | 0.98 |
| Union Multicap Fund Equity Scheme - Multi Cap Fund | -5.20 | -3.02 | 3.03 | 2.12 | 13.10 | – | – | 0.83 |
| Union Innovation & Opportunities Fund Sectoral/Thematic - Innovation | -8.46 | -2.38 | 8.04 | 2.03 | 16.14 | – | – | 0.67 |