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  • Nippon Mutual Fund
  • Nippon India Ultra Short Duration Fund (PIDCW-M)

Formerly Nippon India U/ST Duration Mn DP

Nippon Mutual Fund

Nippon India Ultra Short Duration Fund (PIDCW-M)

DebtUltra Short

1017.9035

NAV (Jun 12)

5.8%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in ultra short mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Invest in this fund
Scripbox Recommended Debt Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1017.9035

NAV (Jun 12)

Fund Returns

Last 1Y
6.9%
Last 3Y
6.4%
Last 5Y
5.3%
Last 10Y
6%
Since Inception
6%
6 Month CAGR
3.6%

Scheme Information

Investment Objective

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.

Expense Ratio
1.13
Launched (14y ago)
Dec 15, 2010
AUM in Crores
6322.845
ISIN
INF204K01UF5
Lock-in
No Lock-in
Benchmark
NIFTY Ultra Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.6
Standard Deviation (5yr)
2.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.299
Sharpe Ratio (5yr)
-0.167
YTM
7.85
Fund Managers

Kinjal Desai

Fund Manager

Vivek Sharma

Fund Manager

Akshay Sharma

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Ultra Short Duration Fund (PIDCW-M)70%8,23,934 91,3224.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-12

Top Debt Holdings

india (republic of)

7.8%
7.8%

triparty repo

5.3%
5.3%

power finance corporation limited

4.2%
4.2%

hdfc bank limited

3.7%
3.7%

national bank for agriculture and rural development

3.4%
3.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 4,984 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 380,402 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

5.7%

6.7%

5.7%

5.8%

5.7%

6.7%

5.7%

5.8%

Nippon India Ultra Short Duration Fund (PIDCW-M) Review

Nippon India Ultra Short Duration Fund (PIDCW-M) is a Ultra Short Debt fund and has delivered an annualised return of 5.3% over a period of 13 years. The fund was previously known as Nippon India U/ST Duration Mn DP. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Kinjal Desai, Vivek Sharma.

Nav of Nippon India Ultra Short Duration Fund (PIDCW-M) as of 6/12/2024 is ₹1017.90 with the total AUM as of 6/13/2024 is ₹6322.845. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Ultra Short Duration Fund (PIDCW-M) was launched on Dec 15, 2010. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Nippon India Ultra Short Duration Fund (PIDCW-M) 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 (PIDCW-M) 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 (PIDCW-M) is rated as a 2 fund in Debt and delivered 5.6% 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 (PIDCW-M).

Frequently Asked Questions

What is Nippon India Ultra Short Duration Fund (PIDCW-M)?

Nippon India Ultra Short Duration Fund (PIDCW-M) is a Ultra Short Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Nippon India Ultra Short Duration Fund (PIDCW-M)?

You can invest in Nippon India Ultra Short Duration Fund (PIDCW-M) 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 (PIDCW-M)?

The minimum sip amount for Nippon India Ultra Short Duration Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Nippon India Ultra Short Duration Fund (PIDCW-M) good to invest in?

As per Scripbox experts, Nippon India Ultra Short Duration Fund (PIDCW-M) is a Neutral fund. You can investNippon India Ultra Short Duration Fund (PIDCW-M) 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 (PIDCW-M)?

The expense ratio of the Nippon India Ultra Short Duration Fund (PIDCW-M) is 1.13% for regular plan.