Fund Performance
Lumpsum
SIP
4.46
as on 23 Jun 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,401 today.
NAV Performance
Fund Information
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₹ 3,302.019
as on 23 Jun 2022 -
Regular - Growth
-
9 / 25
-
₹ 100
-
₹ 3,864 Cr.
as on 31 Dec 2021 -
1.12%
-
01 Jan 2013
-
CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
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Highlights of this fund
Nippon India Ultra Short Duration Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 01 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 3,302.019 as on 23 Jun 2022.
This fund has 9 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.12%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 100.
Fund Objective
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity.
List of Fund Managers of Nippon India Ultra Short Duration Fund
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About Vivek Sharma
Vivek Sharma, Fund Manager Fixed has total 9 years experience with Reliance Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined RNAM in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.14% | 0.41% | 4.53% | 6.41% | 6.26% | 6.03% | 7.85% | 7.03% | 7.79% | 4.56% | 5.88% | 5.63% | 6.34% | 7.02% |
| Category Average | 0.10% | 0.35% | 0.83% | 1.74% | 3.52% | 3.67% | 4.88% | 5.59% | 6.99% | 3.18% | 3.42% | 3.97% | 4.81% | 6.08% |
| Nippon India Ultra Short Duration Fund | 0.08%₹ 10,008 | 0.38%₹ 10,038 | 0.78%₹ 10,077 | 1.80%₹ 10,180 | 6.26%₹ 10,625 | 3.96%₹ 12,255 | 6.03%₹ 11,243 | 5.88%₹ 25,483 | 4.46%₹ 11,401 | 5.63%₹ 39,211 | - | - | - | - |
| HDFC Ultra Short Term Fund | 0.10%₹ 10,009 | 0.37%₹ 10,037 | 0.72%₹ 10,071 | 1.65%₹ 10,165 | 3.40%₹ 10,339 | 3.25%₹ 12,210 | 3.86%₹ 10,785 | 3.50%₹ 24,877 | 5.09%₹ 11,610 | 4.18%₹ 38,367 | - | - | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.12%₹ 10,012 | 0.39%₹ 10,038 | 0.78%₹ 10,078 | 1.74%₹ 10,173 | 3.64%₹ 10,363 | 3.48%₹ 12,224 | 4.40%₹ 10,898 | 3.85%₹ 24,966 | 5.50%₹ 11,746 | 4.53%₹ 38,571 | 6.23%₹ 13,533 | 5.57%₹ 69,073 | 7.61%₹ 20,841 | 7.02%₹ 1,72,222 |
| Aditya Birla Sun Life Savings Fund | 0.14%₹ 10,013 | 0.41%₹ 10,041 | 0.78%₹ 10,077 | 1.85%₹ 10,185 | 3.79%₹ 10,378 | 3.60%₹ 12,232 | 4.38%₹ 10,895 | 3.91%₹ 24,983 | 5.62%₹ 11,786 | 4.65%₹ 38,639 | 6.41%₹ 13,642 | 5.72%₹ 69,334 | 7.79%₹ 21,178 | 7.01%₹ 1,72,096 |
| SBI Magnum Ultra Short Duration Fund | 0.10%₹ 10,010 | 0.34%₹ 10,034 | 0.64%₹ 10,063 | 1.61%₹ 10,161 | 3.31%₹ 10,331 | 3.13%₹ 12,202 | 3.59%₹ 10,730 | 3.33%₹ 24,835 | 4.90%₹ 11,548 | 3.95%₹ 38,237 | 5.99%₹ 13,379 | 5.12%₹ 68,299 | 7.20%₹ 20,044 | 6.39%₹ 1,66,601 |
| Kotak Savings Fund | 0.11%₹ 10,010 | 0.38%₹ 10,038 | 0.77%₹ 10,077 | 1.70%₹ 10,170 | 3.33%₹ 10,333 | 3.27%₹ 12,211 | 3.54%₹ 10,721 | 3.34%₹ 24,839 | 4.82%₹ 11,521 | 3.93%₹ 38,223 | 5.80%₹ 13,257 | 5.02%₹ 68,122 | 7.24%₹ 20,137 | 6.37%₹ 1,66,485 |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Ultra Short Duration Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 39.31% | ₹ 1,312.44 Cr. |
| CP | 24.91% | ₹ 831.51 Cr. |
| GOI | 15.23% | ₹ 508.84 Cr. |
| CD | 12.36% | ₹ 412.91 Cr. |
| T-Bills | 1.48% | ₹ 49.48 Cr. |
| Others | 6.71% | - |
Top Debt Holdings of Nippon India Ultra Short Duration Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 15.23% | ₹ 508.84 Cr. |
| Bond - Axis Bank Ltd. | 8.72% | ₹ 291.10 Cr. |
| Bond - Shriram City Union Finance Ltd. | 5.26% | ₹ 175.79 Cr. |
| Bond - Sikka Ports & Terminals Ltd. | 5.13% | ₹ 171.37 Cr. |
| Bond - Tata Housing Development Company Ltd. | 5.09% | ₹ 170.04 Cr. |
| Others | 60.57% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 6.63% |
| Interest Rate Swaps | 0.01% |
| Margin | 0.00% |
| Net Receivables | -0.61% |