Union Overnight Fund
Union Overnight Fund is a overnight fund of Union Asset Management Company Private Limited with ₹672 cr under management. It is ahead of its benchmark (CRISIL Liquid Overnight Index) in 1 of 3 periods. Its direct plan charges 0.14% a year. Tarun Singh has managed it for 7.6 years.
What is Union Overnight Fund invested in?
5% in debt, 0% in shares and 95% in cash, as of 30 Sep 2026.
Has Union Overnight Fund beaten its benchmark?
Ahead of its benchmark, CRISIL Liquid Overnight Index, in 1 of 3 periods in AMFI's figures; +5.25% over the last year against +5.24%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.42% | −1.30% | — |
| 3 months | +1.26% | −4.28% | — |
| 6 months | +2.57% | −1.46% | — |
| 1 year | +5.26% | −4.25% | +9.51 pts |
| 3 years | +6.03% | +9.50% | −3.47 pts |
| 5 years | +5.75% | +8.14% | −2.39 pts |
| 10 years | — | +12.76% | — |
| Since start from 27 Mar 2019 | +5.11% | — | — |
Official figures
AMFI performance feed, 14 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +5.25% | +5.15% | +5.24% | +0.01 | 🔒 |
| 3y | +6.03% | +5.92% | +6.04% | −0.01 | 🔒 |
| 5y | +5.74% | +5.64% | +5.77% | −0.03 | 🔒 |
| 10y | — | — | — | — | — |
Value of 100, month-end
Mar 2019 to 15 Oct 2026₹100 put in at the start of Mar 2019 would be ₹146 on 15 Oct 2026, against ₹248 in the Nifty 500 TRI.
What does Union Overnight Fund cost?
0.14% a year on the direct plan, 0.24% on the regular plan; 30 of 40 funds in its category charge less.
Who manages Union Overnight Fund?
Tarun Singh, since 27 Mar 2019; Devesh Thacker, since 27 Mar 2019.
Questions people ask
Who manages Union Overnight Fund?
Tarun Singh (manager) since 27 Mar 2019; Devesh Thacker (manager) since 27 Mar 2019.
What is the expense ratio of Union Overnight Fund?
0.14% a year on the direct plan and 0.24% on the regular plan (expense report, Oct 2026).
How has Union Overnight Fund done?
Its direct plan returned +6.03% a year over 3 years against +6.04% for its benchmark, CRISIL Liquid Overnight Index, as of 14 Oct 2026.
See Union Overnight Fund beside your own funds in Valarth
