ITI Overnight Fund - Direct Plan - Growth Option vs Union Gold ETF Fund of Fund - Direct Plan - Growth Option

TopFund Analysis

The ITI Overnight Fund - Direct Plan - Growth Option appears stronger based on its higher returns, achieving a 1-year return of 20.39% and a 3-year CAGR of 34.84%, compared to the Union Gold ETF Fund of Fund's 1-year return of 14.73% and lack of 3-year data. However, this fund has a significantly larger AUM of ₹17422 Cr versus ₹173 Cr for the Union fund, which may indicate greater investor confidence and liquidity. The tradeoff is that while ITI Overnight Fund has a lower expense ratio of 0.25%, the Union Gold ETF incurs a slightly higher expense ratio of 0.32%. For investors choosing between these two, the ITI Overnight Fund may offer better performance potential, but they should consider the larger scale and lower costs associated with it.