Nippon India Ultra Short Duration Fund Direct Growth

Nippon India Ultra Short Duration Fund Direct Growth

Debt

Nippon Mutual Fund

Ultra Short Duration

Get the latest NAV of Nippon India Ultra Short Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹4504.72

NAV as on 15 Sep 2025

7.24%/per year

Since Inception

Absolute Gain%

▲▼

2892 people have invested ₹ 10.4Cr in Nippon India Ultra Short Duration Fund Direct Growth in the last three months

Nippon India Ultra Short Duration Fund Performance vs. Ultra Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (15-Sep-25)

The fund has consistently outperformed the benchmark (Ultra Short Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.48%
1.62%
4.05%
7.95%
7.68%
7.48%
Ultra Short Duration Index
0.46%
1.43%
3.46%
6.48%
6.14%
6.84%
Ultra Short Duration Avg
0.43%
1.43%
3.65%
7.15%
6.82%
5.62%
Best in Ultra Short Duration
0.6%
1.67%
4.18%
8.14%
7.67%
7.48%
Worst in Ultra Short Duration
0.42%
1.45%
3.33%
6.53%
6.44%
5.2%
Category Rank
11/17
5/17
9/17
12/16
10/15
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Nippon India Ultra Short Duration Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

7
/17
96% Performance
19% Risk Management
4% Cost

Ranked 7 out of 17 mutual funds in the ultra short duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Ultra Short Duration Fund
7/17
11,076Cr
0.38%
7.95%
7.68%
0.06
3.07
3.30
17.23
3.08
ICICI Prudential Ultra Short Term Fund Direct Growth
1/17
17,077Cr
0.39%
7.86%
7.56%
-0.11
3.32
2.71
12.75
2.35
Tata Ultra Short Term Fund Direct Growth
2/17
4,945Cr
0.28%
7.89%
7.55%
-0.02
2.92
2.92
13.04
2.52
Axis Ultra Short Duration Fund Direct Growth
3/17
6,764Cr
0.38%
7.86%
7.59%
-0.05
3.22
2.98
13.89
2.69
See all

Nippon India Ultra Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Nippon India Ultra Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-Sep-25)

Fund Distribution

as on (14-Sep-25)

AAA
80.5%
AA
19.5%
Cash allocation has gone down from 45.8% to 45.1%
Cash allocation has gone down from 45.8% to 45.1%
Debt allocation has gone up from 54% to 54.6%
Debt allocation has gone up from 54% to 54.6%

Nippon India Ultra Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-Sep-25)

Sector Allocation

Corporate
49.6%
Cash Equivalent
39.8%
Government
10.6%

Top 3 Sectors in August were Financial Services, Corporate & Government

Aug'25

Financial Services

100%

Corporate

66%

Government

14%

Jul'25

Financial Services

100%

Corporate

67%

Government

12%

Nippon India Ultra Short Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.38%
Benchmark
NIFTY Ultra Short Duration Debt TR INR
AUM₹11076 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
218.1%
Risk
Risk meter
pointer
Moderate Risk

About Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Akshay Sharma, Kinjal Desai, Vivek Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Ultra Short Duration Fund Direct Growth has ₹11076 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Nippon India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.95%, 7.68% and 7.48% respectively.

Holdings

Nippon India Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Bank Of India, National Bank For Agriculture And Rural Development, Power Finance Corporation Limited, Axis Bank Limited, Small Industries Development Bank Of India

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:
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.

Investment objective of Nippon India Ultra Short Duration Fund Direct Growth

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 100.00 and for SIP is INR 100.00. Nippon India Ultra Short Duration Fund Direct Growth has no lock in period.

Fund Manager

Akshay Sharma

Fund Manager of Nippon India Ultra Short Duration Fund Direct Growth, since 1 December 2022

Kinjal Desai

Fund Manager of Nippon India Ultra Short Duration Fund Direct Growth, since 25 May 2018

Vivek Sharma

Fund Manager of Nippon India Ultra Short Duration Fund Direct Growth, since 1 October 2013

Learn more about Nippon Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 11.1K Cr
₹ 10.3K Cr
₹ 9.5K Cr
  • AUM of the fund stands at 11.1K Cr as of Aug'25
  • AUM increased by 823.9 Cr between Aug'25 and Jul'25

Frequently Asked Questions for Nippon India Ultra Short Duration Fund Direct Growth

How do I invest in Nippon India Ultra Short Duration Fund?

INDmoney makes it simple to invest in the Nippon India Ultra Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Ultra Short Duration Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Ultra Short Duration Fund?

The NAV of the fund today is ₹4504.72. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Ultra Short Duration Fund fund has generated a return of 7.95% in 1 year, 7.68% in 3 years, 7.48% in 5 years.

Who is the fund manager of Nippon India Ultra Short Duration Fund?

The fund managers are Akshay Sharma, Kinjal Desai, Vivek Sharma.

What is the expense ratio of the fund?

The expense ratio is 0.38%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹11076 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Ultra Short Duration Fund?

The top 3 holdings of the fund are Bank Of India(4.5%), National Bank For Agriculture And Rural Development(4.4%), Power Finance Corporation Limited(3.18%)