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.

1. Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl has ₹8767 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 has given a CAGR return of 5.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.08%, 7.50% and 7.40% respectively.

Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Punjab National Bank ** #, National Bank For Agriculture And Rural Development, Axis Bank Limited, Torrent Electricals Limited (27/08/2025) **, HDFC Bank Ltd.

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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 for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Ultra Short Duration Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.