Nippon India Ultra Short Duration Fund Direct Growth Option
Nippon India Ultra Short Duration Fund Direct Growth Option

Nippon India Ultra Short Duration Fund Direct Growth Option

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Debt
Direct
Ultra Short Duration

NAV: ₹ 3659.1 as on 09-12-2022

Fund Performance
zero opening, trading, fund transfer fee
459 people have invested ₹ 1.5Cr in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.5%
3%
5.3%
6.6%
5.9%
Benchmark
0.5%
1.2%
2.5%
4.1%
4.3%
4.6%
About the Fund

Nippon India Ultra Short Duration Fund Direct Growth Option 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

1) Nippon India Ultra Short Duration Fund Direct Growth Option has a NAV of 3659.1339 as on 09-12-2022.

2) Nippon India Ultra Short Duration Fund Direct Growth Option has 5056 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.38 %.

Fund Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹5056 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
267.65%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
81.2%
AA
18.8%

Sector Allocation

Oct'22

Sep'22

Aug'22

Corporate

43%

Cash Equivalent

42.1%

Government

14.9%

Top Holdings

  • All
  • Debt & Cash
Total Holdings78
Debt Holdings78
Holdings
Weight%
Holdings Trend
1M Change
icon
Triparty Repo
10.24%
0%
icon
Small Industries Development Bank Of India
3.39%
0%
icon
The Tata Power Company Limited
3.27%
0%
icon
Tata Realty And Infrastructure Limited
2.94%
0%
icon
91 DTB 09022023
2.93%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 446.1 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 4.9K Cr
Sep'22
₹ 4.5K Cr
Aug'22
₹ 4.9K Cr

Fund Returns vs Benchmark

Oct'22
0.45%
0.38%
Sep'22
0.39%
0.34%
Aug'22
0.57%
0.44%
Fund Return
Benchmark Return

Fund Manager

Vivek Sharma

Vivek Sharma

Managing this fund since 1 October 2013

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Short Term Fund - Direct Plan - Growth Plan
6.54%
5.7%
PGIM India Midcap Opportunities Fund Direct Growth
39.6%
24.12%
Nippon India Low Duration Fund Direct Plan Growth Plan
5.91%
5.05%
Kinjal Desai

Kinjal Desai

Managing this fund since 25 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Cap Fund - Direct Plan - Growth
22.38%
21.12%
Nippon India Liquid Fund Direct Plan Growth Plan
4.18%
1.29%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.72%
32.57%

AMC details

Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.08% since inception which is more than its category average return of 7.01%
AUM size ₹5056 Cr

AUM size ₹5056 Cr

This fund has AUM of ₹5056 Cr which is more than its category average of ₹ 2812 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.6%

Frequently Asked Questions

The current NAV of Nippon India Ultra Short Duration Fund Direct Growth Option is 3658.61.
Existing (Absolute + CAGR)
Nippon India Ultra Short Duration Fund Direct Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.63%
0.63%
6 Month Returns
3.03%
3.03%
1 Year Returns
5.27%
5.27%
3 Years Returns
21.22%
6.63%
5 Years Returns
33.2%
5.9%
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.
0.38 as on November 2022
4915 Cr as on November 2022
7.42
0.43
AAA
81.21
AA
18.79
Kinjal Desai,Vivek Sharma are the fund managers of Nippon India Ultra Short Duration Fund Direct Growth Option
The Exit load of Nippon India Ultra Short Duration Fund Direct Growth Option is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.