AMFI - Registered Mutual Fund Distributor

Union Consumption Fund – Nfo Smart Switch – Union Overnight Fund – Regular Plan – Growth – Physical Only

Low Risk | Others

Fund Overview

Launch Date

01 Dec 2025

End Date

11 Dec 2025

Allotment Date

22 Dec 2025

NAV

₹10

Expense Ratio, Exit Load & Tax

Expense ratio

0.17%

Exit load

nil (0%) exit load.

Minimum Investment Amounts

minimum additional investment

₹₹1,000

minimum SIP investment

₹₹500

MINIMUM LUMPSUM INVESTMENT

₹₹5,000

Fund Managment

Devesh Thacker

Education

Experience

Fund House & Investment Objective

Union Consumption Fund - Nfo Smart Switch - Union Overnight Fund - Regular Plan - Growth - Physical Only

Rank(total assets)

NA

Date of Incorportation

27/03/2025

Total AUM

NA

The description refers to using a process called NFO Smart Switch to move funds from the Union Overnight Fund to the new Union Consumption Fund, within the Regular Plan - Growth - Physical Only options.


Investment Objective

The investment objective of the Union Overnight Fund is to generate returns by investing in Debt and Money Market Instruments with overnight maturity. This fund typically invests in securities that mature in just one day, making it a low-risk option for parking idle cash for a very short term (less than a month).

Fund benchmark

CRISIL Liquid Overnight Index

Fund House Contact Details

Address

Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone

022-6748 3300

Launch Fund Date

01 Dec 2025

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Closing Date11 Feb 2026

Allotment Date17 Feb 2026

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Launch Date27 Jan 2026

Closing Date06 Feb 2026

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Closing Date10 Feb 2026

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Closing Date10 Feb 2026

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Bandhan Silver Etf – Demat Only

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Dsp Nifty Midcap 150 Etf – Demat Only

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Closing Date08 Dec 2025

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

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Closing Date17 Nov 2025

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Edelweiss Nifty 50 Etf – Demat Only

Very High Risk | Equity

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Closing Date17 Nov 2025

Allotment Date24 Nov 2025

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Launch Date31 Oct 2025

Closing Date04 Nov 2025

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Launch Date31 Oct 2025

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Closing Date11 Nov 2025

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Closing Date17 Oct 2025

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

Launch Date13 Oct 2025

Closing Date15 Oct 2025

Allotment Date17 Oct 2025

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Launch Date01 Oct 2025

Closing Date15 Oct 2025

Allotment Date22 Oct 2025

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Closing Date20 Oct 2025

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Closing Date17 Oct 2025

Allotment Date24 Oct 2025

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Closing Date24 Jun 2025

Allotment Date27 Jun 2025

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Launch Date17 Jun 2025

Closing Date23 Jun 2025

Allotment Date25 Jun 2025

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Closing Date23 Jun 2025

Allotment Date27 Jun 2025

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Closing Date19 Jun 2025

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Launch Date05 Jun 2025

Closing Date19 Jun 2025

Allotment Date25 Jun 2025

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Launch Date13 Jun 2025

Closing Date27 Jun 2025

Allotment Date04 Jul 2025


Testimonial

Genuine Review Form Statisifed Customers

4.7 Out of 5 (4299 Reviews)

I’ve used a few platforms before, but KSquare is easily the most user-centric. Their mutual fund tools make planning easy and returns trackable.

Ketan Ghosh

Ketan Ghosh

Export Manager

Being self-employed, I wanted a structured way to invest. KSquare’s SIPs fit the bill. It’s affordable, effective, and easy to track progress over time.

Kritika Jain

Kritika Jain

Event Planner

I started SIPs with KSquare six months ago and already see consistent growth. Their timely updates and reports make tracking easy. Definitely a smart decision for financial planning.

Rajeev Nair

Rajeev Nair

Business Analyst

KSquare presents each new fund launch with such clarity. Their tools gave me better understanding of sectors and fund outlooks before investing.

Harsh Vardhan

Harsh Vardhan

Energy Analyst

KSquare’s service was fast, transparent, and easy to follow. Perfect for someone like me who needed quick access to funds.

Pooja Khurana

Pooja Khurana

Pediatric Nurse

KSquare makes it simple to understand which NFO suits you. Their comparisons and insights saved me hours of research. Totally recommend it!

Vaidehi Trivedi

Vaidehi Trivedi

UX Designer

Investing used to feel complicated, but KSquare’s SIP process made it simple and stress-free. Now I save monthly without thinking twice.

Shruti Verma

Shruti Verma

Clinical Psychologist

KSquare delivers exceptional clarity in their NFO briefings. Their platform made participating easy, and I felt informed throughout the whole process.

Asmita Rao

Asmita Rao

Clinical Researcher

I never thought NPS could be this simple. KSquare gave me full control and transparency over my retirement planning.

Ishita Raina

Ishita Raina

Legal Assistant

Living overseas, I struggled with Indian investments. KSquare’s NRI Corner fixed that. Their expert advice and ease of access gave me complete peace of mind.

Sneha Kulkarni

Sneha Kulkarni

Healthcare Administrator

FAQ's

Frequenlty Asked Question

Why should I choose KSquare for my SIP needs?

KSquare offers expert support, real-time tracking, flexible options, and a user-friendly platform to grow your wealth steadily.

How is the loan amount calculated?

The loan value is based on the mutual fund's NAV and the lender’s margin requirements. KSquare shows your eligible amount during application.

What services does KSquare offer for NRIs in India?

KSquare provides investment solutions, tax planning, mutual funds access, and portfolio management tailored specifically for NRIs.

Do I need a demat account to apply for this loan?

Yes, most lenders require mutual fund units in demat form. KSquare can help convert physical units if needed.

Can I start SIPs with a small monthly amount?

Yes, KSquare allows flexible SIP amounts, enabling anyone to start small and gradually increase investments based on comfort

How does SIP help in rupee cost averaging?

SIPs invest regularly, buying more units when markets are low and fewer when high, helping balance your investment cost.

What is the ideal duration for a SIP investment?

The longer the duration, the better the returns. Ideally, stay invested for at least 5–10 years for best results.

Does KSquare provide research reports on NFOs?

Yes, KSquare offers fund highlights, investment strategy, and expert opinions to help you evaluate each NFO thoroughly.

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