- Mutual Funds
- Nippon Mutual Fund
- Nippon India Ultra Short Duration Fund (Growth)
Formerly Nippon India Ultra Short Duration Gr
Nippon India Ultra Short Duration Fund (Growth)
₹ 3409.3586
NAV (Jan 25)
Ultra short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 3409.3586
NAV (Jan 25)
Fund Returns
Last 1Y | 4.6% |
Last 3Y | 5.7% |
Last 5Y | 5.1% |
Last 10Y | 6.2% |
Since Inception | 6% |
6 Month CAGR | 2.7% |
Scheme Information
The fund invests in debt and money market instruments with an endeavor to maintain portfolio duration between 120 - 180 days. The aim is to generate higher gross yield through a portfolio investing across credit categories. Carry endeavors to protect against volatility.
Expense Ratio | 1.18 |
Launched (22y ago) | Dec 07, 2001 |
AUM in Crores | 5139.571 |
ISIN | INF204K01UE8 |
Lock-in | No Lock-in |
Benchmark | NIFTY Ultra Short Duration Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.8 |
Standard Deviation (5yr) | 2.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.748 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.49 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund (Growth) | 827,973 | 95,361 | 5.1% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
triparty repo
8.3%canara bank **
4.8%the tata power company limited
3.2%vedanta limited
2.9%tata realty and infrastructure limited
2.9%Compare Nippon India Ultra Short Duration Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 52,076 cr | ||
₹ 15,112 cr | ||
₹ 16,307 cr | ||
- | ||
₹ 52,076 cr |
About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 243,204 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,377 debt and 32 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18% | 15.5% | ||
4.1% | 6.8% | ||
4.1% | 6.6% | ||
17.6% | 17.2% | ||
4.1% | 5.5% |
Nippon India Ultra Short Duration Fund (G) Review
Nippon India Ultra Short Duration Fund (G) is a Ultra Short Debt fund and has delivered an annualised return of 6% over a period of 21 years. The fund was previously known as Nippon India Ultra Short Duration Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Vivek Sharma.
Nav of Nippon India Ultra Short Duration Fund (G) as of 1/25/2023 is ₹3409.36 with the total AUM as of 1/27/2023 is ₹5139.571. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Ultra Short Duration Fund (G) was launched on Dec 07, 2001. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Ultra Short Duration Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Ultra Short Duration Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Ultra Short Duration Debt TR INR.
Nippon India Ultra Short Duration Fund (G) is rated as a 1 fund in Debt and delivered 4.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Ultra Short Duration Fund (G).
Frequently Asked Questions
What is Nippon India Ultra Short Duration Fund (G)?
How to invest in Nippon India Ultra Short Duration Fund (G)?
You can invest in Nippon India Ultra Short Duration Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Ultra Short Duration Fund (G)?
The minimum sip amount for Nippon India Ultra Short Duration Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Ultra Short Duration Fund (G) good to invest in?
As per Scripbox experts, Nippon India Ultra Short Duration Fund (G) is a Not Recommended fund. You can investNippon India Ultra Short Duration Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Ultra Short Duration Fund (G)?
The expense ratio of the Nippon India Ultra Short Duration Fund (G) is 1.18% for regular plan.