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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Launch Date28 Jan 2026

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

Very High Risk | Equity

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Dsp Nifty Midcap 150 Etf – Demat Only

Select Risk Level | Equity

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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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Closing Date11 Nov 2025

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Closing Date17 Oct 2025

Allotment Date27 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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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)

KSquare’s SIP plans make long-term investing easier than ever. I set up my account in minutes and now watch my portfolio grow every month.

Manish Patil

Manish Patil

Operations Manager

Quick approvals, low documentation, and expert help—KSquare’s loan service is ideal for anyone needing funds quickly.

Priyanka Seth

Priyanka Seth

Fashion Designer

I didn’t want to disturb my investments, and KSquare gave me the perfect option. I got the loan in no time.

Nikhil Rane

Nikhil Rane

Visual Designer

KSquare delivers excellent service and fund recommendations. The platform makes investing feel less like a chore and more like a plan I’m excited to follow.

Deepak Rana

Deepak Rana

Business Coach

KSquare offered me instant financial flexibility through my portfolio. Their team was responsive and professional.

Siddharth Iyer

Siddharth Iyer

Data Analyst

Investing in India felt intimidating until I found KSquare. Their NRI Corner made it straightforward and transparent. It’s exactly what I needed living abroad.

Divya Bhatia

Divya Bhatia

University Lecturer

With KSquare, SIP investments have become a habit I enjoy. They offer flexibility, insights, and a clean interface. Truly made investing part of my routine.

Harsh Kapoor

Harsh Kapoor

Digital Marketer

I was skeptical about loans on mutual funds, but KSquare provided full clarity and fast execution. Loved the experience!

Ishita Mehra

Ishita Mehra

Research Associate

I love how KSquare offers mutual fund plans that match my income flow and future goals. They’ve made saving and investing seamless for me.

Nirali Parekh

Nirali Parekh

Clinical Dietician

Managing money in India while living overseas used to be stressful. KSquare’s platform made everything manageable and safe.

Karan Patel

Karan Patel

Legal Consultant

FAQ's

Frequenlty Asked Question

Can I open multiple NPS accounts?

No, you’re allowed only one NPS Tier I account, which is linked to your Permanent Retirement Account Number (PRAN).

Why should I invest in mutual funds through KSquare?

KSquare offers expert-curated fund options, personalized recommendations, and a user-friendly platform to simplify mutual fund investing.

What is the typical duration of an NFO subscription period?

NFOs generally remain open for 7 to 15 days, after which the scheme is closed for subscription until listed.

Does KSquare provide research reports on NFOs?

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

How do I repay the loan taken against mutual funds?

You can repay the loan in EMIs or lump sum, as per the agreed terms. KSquare offers reminders and easy tracking.

How are mutual fund returns calculated?

Returns are based on the Net Asset Value (NAV) movement of the fund and any dividends paid out over time.

Is the loan process fully online at KSquare?

Yes, KSquare offers a completely paperless experience with online verification and fast approval.

Can NRIs invest in NFOs via KSquare?

Yes, most NFOs are open to NRIs subject to fund house guidelines. KSquare helps confirm eligibility for NRIs.

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