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

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Debt
Direct
Ultra Short Duration
NAV: ₹ 1091.69 as on 19-04-2024
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

  1. 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.
  2. The fund has an expense ratio 0.4.

Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹4332 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
234.47%

Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
81.5%
AA
18.5%
Sector Allocation

Mar'24

Feb'24

Jan'24

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 & Cash

Debt Holdings57
Holdings
Weight%
1M Change
Canara Bank
Canara Bank
6.25%
0%
Indinfravit Trust
Indinfravit Trust
4.96%
0%
Punjab National Bank
Punjab National Bank
4.55%
100%
Axis Bank Limited
Axis Bank Limited
4.46%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.97%
0%

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
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 4.3K Cr
₹ 5.5K Cr
₹ 5.3K Cr
  • 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

Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl Fund Manager

Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl, since 1 October 2013
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl, since 25 May 2018

Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk 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 5.68% since inception which is less than its category average return of 7.19%
AUM size ₹4332 Cr

AUM size ₹4332 Cr

This fund has AUM of ₹4332 Cr which is more than its category average of ₹ 2859 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 0.64%

Frequently Asked Questions

The current NAV of Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl is ₹1091.69 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.69%
0.69%
6 Month Returns
3.84%
3.84%
1 Year Returns
7.65%
7.65%
3 Years Returns
24.29%
7.52%
5 Years Returns
31.41%
5.61%
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%