Mutual Fund Details

Nippon India Ultra Short Duration Fund Direct-Growth

Name: Nippon India Ultra Short Duration Fund Direct-Growth
Brand: Nippon India Mutual Fund

Debt Ultra Short Duration

NAV

₹3735.0369

as on 27 Mar 2023, 11:20 PM

₹1.2035(0.03%)

Last Change

Scheme Ratings

Ultra Short Duration

3M Returns

rated by Value Research

Ultra Short Duration

Rankings based on 3M Returns | as on 28 Mar 2023

Axis Ultra Short Term Fund Direct - Growth

1.76%

Nippon India Ultra Short Duration Fund Direct-Growth

1.76%

Sundaram Ultra Short Duration Fund Direct-Growth

1.76%

DSP Ultra Short Fund Direct Plan-Growth

1.74%

ICICI Prudential Ultra Short Term Fund Direct-Growth

1.74%

Schemes Managed By

Vivek Sharma

Fund Manager

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,18,906

₹1,21,804

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹21,804

Profit (absolute return)

21.80%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

1.73%

In the last 6 months

3.47%

In the last 1 year

5.90%

In the last 3 years

21.80%

In the last 5 years

33.24%

In the last 10 years

97.55%

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at moderately high risk

Scheme Information

Nippon India Ultra Short Duration Fund Direct-Growth

as of 28 Feb 2023, 05:30 AM

₹5,114.77 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

0.38%

Expense Ratio

Plan

Growth

12.64%

Cash Holding

Benchmark

NIFTY Ultra Short Duration Debt Index B-I

Scheme Document

View

Benchmark

NIFTY Ultra Short Duration Debt Index B-I

Exit Load

No charges on withdrawal

Scheme Document

View

Companies Holding in this Mutual Fund

as on 28 Feb 2023

Sort By

Value

Company

Canara Bank

6.69%

₹342.18 Cr

Reserve Bank of India

6.37%

₹325.81 Cr

HDFC Bank Ltd.

6.10%

₹312.00 Cr

Axis Bank Ltd.

6.05%

₹309.44 Cr

Others

74.79%

₹3,825.34 Cr

View All

Companies Holding in this Mutual Fund

as on 28 Feb 2023

Sort By

Value

Company

Canara Bank

6.69%

₹342.18 Cr

Reserve Bank of India

6.37%

₹325.81 Cr

HDFC Bank Ltd.

6.10%

₹312.00 Cr

Axis Bank Ltd.

6.05%

₹309.44 Cr

Others

74.79%

₹3,825.34 Cr

View All

Instruments Holding in this Mutual Fund

as on 28 Feb 2023

Sort By

Value

Instrument

29.22%

₹1,494.54 Cr

20.26%

₹1,036.25 Cr

Debenture

13.72%

₹701.75 Cr

Repo

11.86%

₹606.61 Cr

NCD

10.45%

₹534.49 Cr

Others

14.49%

₹741.13 Cr

View All

Instruments Holding in this Mutual Fund

as on 28 Feb 2023

Sort By

Value

Instrument

29.22%

₹1,494.54 Cr

20.26%

₹1,036.25 Cr

Debenture

13.72%

₹701.75 Cr

Repo

11.86%

₹606.61 Cr

NCD

10.45%

₹534.49 Cr

Others

14.49%

₹741.13 Cr

View All

Funds in this Category

This fund's returns:

6.80%

Return Duration

3 Years

UTI Ultra Short Term Fund Direct-Growth

DebtUltra Short Duration

ICICI Prudential Ultra Short Term Fund Direct-Growth

DebtUltra Short Duration

Aditya Birla Sun Life Savings Direct-Growth

DebtUltra Short Duration

About Nippon India Ultra Short Duration Fund Direct-Growth

Nippon India Ultra Short Duration Fund Direct-Growth is a Debt mutual fund scheme from Nippon India Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund manager Vivek Sharma. It has an AUM of ₹5,114.77 Crores and the latest NAV decalared is ₹3735.037 as on 28 Mar 2023 at 5:41 am.

Nippon India Ultra Short Duration Fund Direct-Growth scheme return performance in last 1 year is 5.90%, in last 3 years is 21.80% and 101.42% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.

Scheme Details

AUM:	₹5,114.77 Cr
Category:	Debt: Ultra Short Duration
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.