Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl
Debt
Direct
Ultra Short Duration
NAV: ₹ 1114.2 as on 29-09-2023
Fund Performance
3 people have invested ₹ 300 in Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl in the last three months
About the Fund
Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vivek Sharma, Kinjal Desai. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl has ₹5444 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl Overview
 | 0.37% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹5444 Cr |
 | 1 January, 2013 |
 | ₹10000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 234.47% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
80.3%
AA
19.7%
Sector Allocation
Cash Equivalent
46.5%
Corporate
32.7%
Government
20.8%
Top Holdings of Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl as on (31-Aug-23)
Debt Holdings66
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 07122023 | 4.52% | 0% | |
182 DTB 18012024 | 4.49% | 0% | |
HDFC Bank Limited | 3.61% | 33.3% | |
182 DTB 14032024 | 3.55% | 0% | |
Tata Realty And Infrastructure Limited | 3.21% | 0% |
See all
Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.8K Cr as of Aug'23
- AUM decreased by 32.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl Fund Manager
Vivek Sharma
Fund Manager of Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl, since 1 October 2013
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.3% since inception which is less than its category average return of 7.11%
AUM size ₹5444 Cr
This fund has AUM of ₹5444 Cr which is more than its category average of ₹ 3071 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.63%
Frequently Asked Questions
The current NAV of Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl is ₹1114.15 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.47% | 7.47% |
3 Years Returns | 19.99% | 6.26% |
5 Years Returns | 27.36% | 4.96% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.37% as on August 2023
₹5444 Cr as on August 2023
182 DTB 07122023(4.52%), 182 DTB 18012024(4.49%), HDFC Bank Limited(3.61%), 182 DTB 14032024(3.55%), Tata Realty And Infrastructure Limited(3.21%) as on August 2023
Cash Equivalent(44.76%), Corporate(34.35%), Government(20.89%) as on August 2023
Yield to Maturity is 7.52 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.36 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 80.33 |
AA | 19.67 |
Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl
The Exit load of Nippon India Ultra Short Duration Fund Direct Daily Reinvestment Income Dist cum Cap Wdrl is 0%