Should I invest in Union Overnight Fund?

We don't give personal investment advice. Union Overnight Fund - Regular Plan - Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 5.54%.

Union

Union Overnight Fund - Regular Plan - Growth Option

Latest NAV

₹1,429.4718

As of

19 Jul 2026

2,045 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	+0.03%	+0.00	7 / 30	Q1
1W	+0.10%	+0.10%	+0.00	11 / 30	Q2
2W	+0.20%	+0.19%	+0.00	11 / 30	Q2
1M	+0.42%	+0.42%	+0.00	14 / 30	Q2
3M	+1.27%	+1.26%	+0.00	13 / 30	Q2
6M	+2.52%	+2.51%	+0.01	15 / 30	Q2
YTD	+2.77%	+2.73%	+0.04	15 / 30	Q2
1Y	+5.22%	+5.23%	-0.01	19 / 30	Q3
2Y	+5.73%	+5.72%	+0.01	18 / 29	Q3
3Y	+6.05%	+6.05%	+0.00	18 / 28	Q3
4Y	+6.06%	+6.06%	0.00	16 / 24	Q3
5Y	+5.54%	+5.55%	-0.01	13 / 22	Q3
7Y	+4.97%	+4.99%	-0.03	15 / 17	Q4
10Y	—	—	—	—	—
Inception	+5.00%	+5.27%	-0.27	25 / 30	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.77%	+2.73%	+0.04	15 / 30
2025	+5.68%	+5.68%	+0.01	19 / 29
2024	+6.60%	+6.60%	+0.01	14 / 29
2023	+6.56%	+6.58%	-0.02	22 / 27
2022	+4.60%	+4.60%	+0.01	12 / 22
2021	+3.09%	+3.10%	-0.01	15 / 22
2020	+3.21%	+3.32%	-0.11	19 / 21
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+4.97%

78 windows

min 2.9% · max 6.7%

100% positive

3-Year rolling

+5.08%

53 windows

min 3.5% · max 6.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+5.03%

29 windows

min 4.6% · max 5.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+4.98%

5 windows

min 5.0% · max 5.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.20%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.00%

Peak to trough

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Overnight Fund

Scheme	Fund house	NAV	As of
Nippon India Overnight Fund - Regular Plan - Growth Option	Nippon India	₹145.9234	19 Jul 2026
Invesco India Overnight Fund - Regular Plan - Growth	Invesco	₹1,376.9596	19 Jul 2026
BANDHAN Overnight Fund - Regular Plan - Growth	Bandhan	₹1,447.0255	19 Jul 2026
quant Overnight Fund - Growth Option - Regular Plan	Quant	₹12.4502	19 Jul 2026
Mirae Asset Overnight Fund Regular Plan Growth	Mirae Asset	₹1,394.1725	19 Jul 2026
Kotak Overnight Fund -Regular plan-Growth Option	Kotak	₹1,449.3957	19 Jul 2026
Edelweiss Overnight Fund - Regular Plan - Growth	Edelweiss	₹1,409.4764	19 Jul 2026
DSP Overnight Fund - Regular Plan - Growth	DSP	₹1,456.3711	19 Jul 2026
HSBC Overnight Fund - Regular Growth	HSBC	₹1,419.0756	19 Jul 2026
Baroda BNP Paribas Overnight Fund - Regular Plan - Growth	Baroda BNP Paribas	₹1,429.9781	19 Jul 2026

Recent NAVs

Date	NAV
19 Jul 2026	₹1,429.4718
17 Jul 2026	₹1,429.0647
16 Jul 2026	₹1,428.8637
15 Jul 2026	₹1,428.6610
14 Jul 2026	₹1,428.4682
13 Jul 2026	₹1,428.2728
12 Jul 2026	₹1,428.0754
10 Jul 2026	₹1,427.6670
9 Jul 2026	₹1,427.4675
8 Jul 2026	₹1,427.2651

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 19 Jul 2026, the NAV of Union Overnight Fund - Regular Plan - Growth Option is ₹1,429.4718. It's a Overnight Fund from Union, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Union Overnight Fund - Regular Plan - Growth Option has NAV history starting from 27 Mar 2019, a track record of about 7 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Union Overnight Fund - Regular Plan - Growth Option is managed by Union. It's classified by AMFI under the 'Overnight Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Union Overnight Fund - Regular Plan - Growth Option has delivered a absolute return of 5.22% — -0.01 pp behind the Overnight Fund category average of 5.23%. The fund ranks #19 of 30 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Union Overnight Fund - Regular Plan - Growth Option has delivered a CAGR of 6.05% — +0 pp ahead of the Overnight Fund category average of 6.05%. The fund ranks #18 of 28 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Union Overnight Fund - Regular Plan - Growth Option has delivered a CAGR of 5.54% — -0.01 pp behind the Overnight Fund category average of 5.55%. The fund ranks #13 of 22 in its category — the third (Q3) quartile.

₹1 lakh invested in Union Overnight Fund - Regular Plan - Growth Option exactly 5 years ago would be worth approximately ₹130,956 today — a multiplier of 1.31×, based on the 5-year CAGR of 5.54%. The category average over the same window would have grown ₹1 lakh to ₹131,002.

A ₹10,000 monthly SIP in Union Overnight Fund - Regular Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹695,521 today. That's an XIRR (money-weighted annualised return) of 5.85%.

Union Overnight Fund - Regular Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,020,249 — XIRR 5.47%.

On a 5-year basis, Union Overnight Fund - Regular Plan - Growth Option ranks #13 out of 22 funds in the Overnight Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 5.55%; this fund delivered 5.54%.

The worst peak-to-trough decline Union Overnight Fund - Regular Plan - Growth Option has experienced over the last 5-year window is 0.00%. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Union Overnight Fund - Regular Plan - Growth Option averaged 5.03% (best 5.54%, worst 4.61%). 100% of rolling windows ended positive.

In calendar year 2025, Union Overnight Fund - Regular Plan - Growth Option returned 5.68% — beating the Overnight Fund category average of 5.68% by 0.01 pp. It ranked #19 of 29 in its category that year.

Union Overnight Fund - Regular Plan - Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Union Overnight Fund - Regular Plan - Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 5.54%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Union Overnight Fund - Regular Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Overnight Fund

Recent NAVs

Frequently asked questions

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