Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Ultra Short Duration
NAV: ₹ 1093 as on 18-04-2024
Fund Performance
About the Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc 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 Weekly Reinvestment Inc Dist cum Cap Wdrl has ₹4332 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 Weekly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.38% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4332 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 234.47% |
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
81.5%
AA
18.5%
Sector Allocation
Corporate
57.2%
Cash Equivalent
25.9%
Government
16.9%
Top Holdings of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Debt Holdings57
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Canara Bank | 6.25% | 0% | |
Indinfravit Trust | 4.96% | 0% | |
Punjab National Bank | 4.55% | 100% | |
Axis Bank Limited | 4.46% | 0% | |
Small Industries Development Bank Of India | 3.97% | 0% |
See all
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.3K Cr as of Mar'24
- AUM decreased by 1.1K Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Vivek Sharma
Fund Manager of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl, since 1 October 2013
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl 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 5.68% since inception which is less than its category average return of 7.19%
AUM size ₹4332 Cr
This fund has AUM of ₹4332 Cr which is more than its category average of ₹ 2799 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl is ₹1093 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.72% | 0.72% |
6 Month Returns | 3.85% | 3.85% |
1 Year Returns | 7.73% | 7.73% |
3 Years Returns | 24.24% | 7.5% |
5 Years Returns | 31.43% | 5.62% |
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 March 2024
₹4332 Cr as on March 2024
Canara Bank(6.25%), Indinfravit Trust(4.96%), Punjab National Bank(4.55%), Axis Bank Limited(4.46%), Small Industries Development Bank Of India(3.97%) as on March 2024
Corporate(57.23%), Cash Equivalent(25.89%), Government(16.88%) as on March 2024
Yield to Maturity is 7.89 as on March 2024. 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 0.44 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 81.53 |
AA | 18.47 |
Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl is 0%