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 Date15 Apr 2026

Closing Date29 Apr 2026

Allotment Date04 May 2026

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Closing Date20 Apr 2026

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Closing Date24 Apr 2026

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Closing Date24 Apr 2026

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Hsbc Gold Etf – Demat Only

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

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Closing Date05 Dec 2025

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Dsp Nifty Midcap 150 Etf – Demat Only

Select Risk Level | Equity

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Closing Date08 Dec 2025

Allotment Date08 Dec 2025

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

Launch Date10 Nov 2025

Closing Date17 Nov 2025

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Edelweiss Nifty 50 Etf – Demat Only

Very High Risk | Equity

Launch Date03 Nov 2025

Closing Date17 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

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Closing Date20 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

4.8 Out of 5 (10895 Reviews)

KSquare made investing so simple! Their SIP options fit my monthly budget and help me build wealth consistently without worry. I highly recommend it to anyone starting their financial journey.

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FAQ's

Frequenlty Asked Question

Is the loan process fully online at KSquare?

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

What fees or charges are involved in mutual fund investing?

Mutual funds may have expense ratios and exit loads. KSquare discloses all charges clearly before you invest.

Can US or Canadian NRIs invest through KSquare?

Currently, due to compliance issues, many mutual funds restrict US/Canada NRIs. KSquare can guide you on eligible options.

Does KSquare assist with KYC for NRI clients?

Yes, KSquare helps NRIs complete the KYC process digitally, making onboarding quick and hassle-free.

Is SIP a good option for first-time investors?

Absolutely! SIPs are ideal for beginners due to their simplicity, flexibility, and potential for long-term wealth creation.

How are NFO units allotted after subscription closes?

After the subscription period, units are allotted based on the face value and investment amount on the allotment date.

Can I plan for a home or car purchase through SIP?

Absolutely, SIPs help accumulate funds steadily over time so major purchases like home or car become financially stress-free.

Is there a lock-in period for New Fund Offerings?

Open-ended NFOs usually have no lock-in, while close-ended ones might restrict withdrawals for a specific term.

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