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 Date18 Feb 2026

Closing Date23 Feb 2026

Allotment Date28 Feb 2026

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Closing Date27 Feb 2026

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Closing Date27 Feb 2026

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Bandhan Silver Etf – Demat Only

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

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Edelweiss Nifty 50 Etf – Demat Only

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

Launch Date13 Oct 2025

Closing Date15 Oct 2025

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Closing Date15 Oct 2025

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Closing Date19 Jun 2025

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Closing Date27 Jun 2025

Allotment Date04 Jul 2025


Testimonial

Genuine Review Form Statisifed Customers

4.5 Out of 5 (6058 Reviews)

KSquare provided a practical solution without liquidating my investments. I’m grateful for their clarity and quick process.

Amit Suresh

Amit Suresh

Logistics Supervisor

KSquare made mutual fund investing enjoyable. I track everything on one dashboard and have learned a lot through their educational resources. Perfect for professionals.

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Psychotherapist

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Content Manager

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Legal Consultant

I had many questions about NPS. KSquare cleared every doubt and gave me a structured plan to follow.

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Policy Advisor

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Thanks to KSquare, I’ve finally started saving regularly. Their SIP structure fits my needs, and I feel much more confident about my financial future.

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HR Executive

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Investment Banker

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FAQ's

Frequenlty Asked Question

How does KSquare help in retirement planning?

KSquare builds long-term SIP strategies to create a secure retirement corpus based on future lifestyle, needs, and inflation.

How do I choose the right asset allocation in NPS?

KSquare helps you select between Active and Auto choices based on your age, risk appetite, and retirement goals.

Is there a lock-in period for mutual fund investments?

Only ELSS funds have a 3-year lock-in. Other funds generally allow you to redeem anytime based on NAV.

Does KSquare offer customer support for NRIs in different time zones?

Yes, KSquare provides responsive support and scheduling flexibility for NRIs in all global time zones.

Can I withdraw my mutual fund investment anytime?

Most mutual funds offer liquidity, allowing you to redeem units anytime, except for closed-ended and ELSS funds with lock-ins.

Are NFOs safe for first-time investors?

NFOs can be suitable for beginners, but they carry risks. KSquare helps assess fund strategies before you commit.

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 is a Loan Against Mutual Fund (LAMF)?

A Loan Against Mutual Fund allows you to borrow money by pledging your mutual fund units as collateral without selling your investments.

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