MyWealthGrowth.com logo
HomeMutual Funds

Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.43

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,393 today.

Invest Now

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

  • ₹ 3,104.577

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 100

  • ₹ 612 Cr.

    as on 10 Jun 2021
  • 1.1%

    since 31 Dec 2020
  • 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 ₹ 3,104.577 as on 10 Jun 2021.

This fund has 8 years of track record. Since 31 Dec 2020 expense ratio of this fund is 1.1%. 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 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.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Low 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 1.15% 1.43% 4.53% 6.41% 6.11% 9.95% 8.51% 7.99% 8.43% 6.96% 5.83% 7.19% 7.79% 7.88%
Category Average 0.12% 0.32% 1.12% 1.84% 4.06% 5.53% 5.84% 6.39% 7.61% 3.64% 4.63% 5.24% 5.86% 6.89%
Nippon India Ultra Short Duration Fund 1.15%₹ 10,114 1.43%₹ 10,142 2.36%₹ 10,235 3.26%₹ 10,325 6.11%₹ 10,611 6.96%₹ 12,445 3.65%₹ 10,744 5.28%₹ 25,331 4.43%₹ 11,393 4.45%₹ 38,528 - - - -
PGIM India Ultra Short Term Fund 0.08%₹ 10,008 0.31%₹ 10,031 0.94%₹ 10,094 1.66%₹ 10,166 3.98%₹ 10,398 3.64%₹ 12,234 8.45%₹ 11,762 5.30%₹ 25,335 8.51%₹ 12,783 7.19%₹ 40,138 7.99%₹ 14,689 7.79%₹ 73,026 - -
Aditya Birla Sun Life Savings Fund 0.12%₹ 10,011 0.39%₹ 10,039 1.27%₹ 10,126 1.96%₹ 10,196 5.56%₹ 10,555 4.65%₹ 12,298 6.62%₹ 11,368 5.83%₹ 25,471 7.31%₹ 12,362 6.56%₹ 39,764 7.41%₹ 14,300 6.99%₹ 71,575 8.43%₹ 22,475 7.88%₹ 1,80,167
ICICI Prudential Ultra Short Term Fund 0.11%₹ 10,010 0.40%₹ 10,039 1.21%₹ 10,120 2.07%₹ 10,207 5.66%₹ 10,566 4.77%₹ 12,306 6.51%₹ 11,346 5.74%₹ 25,447 7.13%₹ 12,303 6.43%₹ 39,685 7.38%₹ 14,276 6.84%₹ 71,310 7.99%₹ 21,586 7.84%₹ 1,79,774
SBI Magnum Ultra Short Duration Fund 0.10%₹ 10,009 0.29%₹ 10,028 0.94%₹ 10,094 1.65%₹ 10,165 4.19%₹ 10,419 3.66%₹ 12,236 5.78%₹ 11,191 4.85%₹ 25,222 6.65%₹ 12,137 5.70%₹ 39,257 6.75%₹ 13,865 6.38%₹ 70,493 7.84%₹ 21,281 7.24%₹ 1,74,245
Kotak Savings Fund 0.10%₹ 10,010 0.30%₹ 10,029 0.95%₹ 10,095 1.58%₹ 10,158 4.15%₹ 10,414 3.59%₹ 12,231 5.65%₹ 11,163 4.78%₹ 25,203 6.49%₹ 12,082 5.60%₹ 39,199 6.73%₹ 13,853 6.23%₹ 70,223 7.90%₹ 21,411 7.24%₹ 1,74,247

Portfolio Holdings

Portfolio holdings pattern of Nippon India Ultra Short Duration Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    91.74%
  • Others Holdings:

    8.26%

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

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 44.89% ₹ 335.47 Cr.
GOI 14.13% ₹ 105.66 Cr.
T-Bills 13.29% ₹ 99.32 Cr.
CD 9.90% ₹ 73.96 Cr.
CP 8.62% ₹ 64.35 Cr.
Others 9.17% -

Top Debt Holdings of Nippon India Ultra Short Duration Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 14.13% ₹ 105.66 Cr.
Bond - T-Bill 13.29% ₹ 99.32 Cr.
Bond - U P Power Corporation Ltd. 6.56% ₹ 49.02 Cr.
Bond - Housing Development Finance Corporation Ltd. 6.14% ₹ 45.90 Cr.
Bond - Bajaj Housing Finance Ltd. 5.55% ₹ 41.50 Cr.
Others 54.33%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 5.41%
TREPS 1.77%
Reverse Repo 1.08%
Margin 0.01%
Interest Rate Swaps -0.01%