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Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.35

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,029 today.

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NAV Performance

Nippon India Ultra Short Duration Fund performance graph for last 3 years
Performance of Nippon India Ultra Short Duration Fund for last 3 Years

Fund Information

  • ₹ 3,562.164

    as on 22 Sep 2023
  • Regular - Growth

  • 9 / 25

  • ₹ 100

  • ₹ 3,907 Cr.

    as on 31 May 2023
  • 1.18%

  • 01 Jan 2013

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • Nippon India Mutual Fund

    Show All Funds

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 ₹ 3,562.164 as on 22 Sep 2023.

This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.18%. 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

  • About Kinjal Desai

    Picture of Kinjal DesaiKinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
  • About Vivek Sharma

    Picture of Vivek SharmaVivek 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.
  • About Akshay Sharma

    Picture of Akshay Sharma

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% 0.62% 4.53% 6.41% 7.15% 5.78% 6.35% 6.83% 7.81% 7.30% 6.45% 6.12% 5.85% 6.72%
Category Average 0.11% 0.49% 1.58% 3.27% 5.95% 4.78% 4.64% 5.54% 6.75% 6.70% 5.85% 5.27% 5.21% 5.91%
Nippon India Ultra Short Duration Fund 0.13%₹ 10,013 0.56%₹ 10,055 1.59%₹ 10,159 3.48%₹ 10,348 6.54%₹ 10,654 6.73%₹ 12,433 5.25%₹ 11,078 5.96%₹ 25,505 6.35%₹ 12,029 6.12%₹ 39,506 5.05%₹ 12,798 5.63%₹ 69,185 - -
HDFC Ultra Short Term Fund 0.12%₹ 10,011 0.55%₹ 10,055 1.64%₹ 10,164 3.61%₹ 10,360 6.79%₹ 10,678 6.97%₹ 12,448 5.21%₹ 11,069 6.07%₹ 25,535 4.79%₹ 11,507 5.44%₹ 68,843 - - - -
ICICI Prudential Ultra Short Term Fund 0.12%₹ 10,011 0.55%₹ 10,054 1.63%₹ 10,162 3.61%₹ 10,360 6.78%₹ 10,678 6.95%₹ 12,447 5.30%₹ 11,087 6.10%₹ 25,540 5.02%₹ 11,583 5.52%₹ 39,152 6.20%₹ 13,511 5.64%₹ 69,198 7.81%₹ 21,237 6.72%₹ 1,69,575
Aditya Birla Sun Life Savings Fund 0.13%₹ 10,012 0.60%₹ 10,059 1.76%₹ 10,175 3.77%₹ 10,377 7.05%₹ 10,704 7.28%₹ 12,467 5.50%₹ 11,130 6.35%₹ 25,604 5.15%₹ 11,624 5.72%₹ 39,270 6.39%₹ 13,632 5.82%₹ 69,518 7.47%₹ 20,573 6.72%₹ 1,69,571
SBI Magnum Ultra Short Duration Fund 0.14%₹ 10,013 0.56%₹ 10,055 1.66%₹ 10,166 3.61%₹ 10,360 6.82%₹ 10,682 6.98%₹ 12,449 5.22%₹ 11,071 6.07%₹ 25,534 4.68%₹ 11,471 5.38%₹ 39,071 5.84%₹ 13,282 5.33%₹ 68,654 6.89%₹ 19,468 6.19%₹ 1,64,901
Kotak Savings Fund 0.12%₹ 10,012 0.55%₹ 10,054 1.65%₹ 10,164 3.59%₹ 10,358 6.71%₹ 10,671 6.91%₹ 12,444 5.17%₹ 11,061 6.02%₹ 25,520 4.62%₹ 11,450 5.32%₹ 39,036 5.74%₹ 13,225 5.26%₹ 68,533 6.94%₹ 19,576 6.14%₹ 1,64,496

Portfolio Holdings

Portfolio holdings pattern of Nippon India Ultra Short Duration Fund as on 24 Sep 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    92.14%
  • Others Holdings:

    7.86%

Top Debt Instrument Type holdings of Nippon India Ultra Short Duration Fund

Instrument TypeHolding PercentageHolding Values in Crore
CD 32.35% ₹ 1,764.69 Cr.
NCD & Bonds 25.66% ₹ 1,398.93 Cr.
CP 19.23% ₹ 1,047.76 Cr.
T-Bills 11.45% ₹ 624.05 Cr.
GOI 1.85% ₹ 100.87 Cr.
Others 9.46% -

Top Debt Holdings of Nippon India Ultra Short Duration Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 11.45% ₹ 624.05 Cr.
Bond - HDFC Bank Ltd. 5.84% ₹ 318.39 Cr.
Bond - Canara Bank 5.41% ₹ 295.47 Cr.
Bond - Small Industries Development Bank Of India 4.91% ₹ 267.70 Cr.
Bond - Axis Bank Ltd. 4.82% ₹ 262.93 Cr.
Others 67.57%

Other Holdings

Holding TypeHolding Percentage
TREPS 7.24%
Net Receivables 0.62%
Interest Rate Swaps 0.00%
Margin 0.00%