Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl

Debt
Direct
Ultra Short Duration
Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl

About the Fund

Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl is a debt fund. This fund was started on 25 September, 2019. The fund is managed by Kinjal Desai, Vivek Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl has ₹1947 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl has given a CAGR return of 73.33% since inception. Over the last 1 year the fund has given a CAGR return of 195.09%.

Holdings

Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl has allocated its funds majorly in Cash Equivalent. Its top holdings are Altico Capital India Private Limited

Taxation

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.38%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹1947 Cr
Inception Date25 September, 2019
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Altico Capital India Private Limited
Altico Capital India Private Limited
49.99%
0%

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl, since 25 September 2019
Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl, since 25 September 2019

Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl 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 73.33% since inception which is more than its category average return of 7.17%
AUM size ₹1947 Cr

AUM size ₹1947 Cr

This fund has AUM of ₹1947 Cr which is less than its category average of ₹ 3139 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 0.63%

Frequently Asked Questions

The current NAV of Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl is ₹32.95 as on 12-Mar-2021.
Existing (Absolute + CAGR) as on 12-Mar-2021.
Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl
Absolute Returns
CAGR Returns
1 Month Returns
265.31%
265.31%
6 Month Returns
195.09%
195.09%
1 Year Returns
195.09%
195.09%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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 May 2024
₹1947 Cr as on May 2024
Kinjal Desai, Vivek Sharma are the fund managers of Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl
The Exit load of Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Monthly Reinvest Inc Dist cum CapWdl is 0%