Formerly Nippon India U/ST Duration Qt DR
However, Scripbox does not recommend investing in ultra short mutual funds.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
10 Years. The fund has an Extended history for analysis and the track record is excellent.
2,872 Cr. Medium within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
NAV (Oct 13)
6 Month CAGR
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.
Low to Moderate
Launched (10y ago)
|Feb 24, 2011|
AUM in Crores
|NIFTY Ultra Short Duration Debt TR INR|
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 9,65,796||₹ 2,33,184||11.25%|
|EPF||₹ 9,00,761||₹ 1,68,149||8.50%|
|Property||₹ 8,67,662||₹ 1,35,050||7.00%|
|PPF||₹ 8,69,819||₹ 1,37,207||7.10%|
|Bank FD||₹ 8,46,471||₹ 1,13,859||6.00%|
|Gold||₹ 8,46,471||₹ 1,13,859||6.00%|
|Savings Bank||₹ 8,25,950||₹ 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.
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 12,698 cr
₹ 28,554 cr
₹ 11,007 cr
₹ 21,654 cr
₹ 28,496 cr
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 238,298 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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Nippon India Ultra Short Duration Fund Inc Dist cum Cap Wdrl (RIDCW-Q) is a Ultra Short Debt fund and has delivered an annualised return of 5.2% over a period of 10 years. The fund was previously known as Nippon India U/ST Duration Qt DR . The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Vivek Sharma
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. . However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Ultra Short Duration Fund Inc Dist cum Cap Wdrl (RIDCW-Q) fund was launched on Feb 24, 2011. The NAV (Net Asset Value) of this Ultra Short Debt fund as of 2021-10-13 is ₹1012.96. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹2871.996. The category risk of the Nippon India Ultra Short Duration Fund Inc Dist cum Cap Wdrl (RIDCW-Q) fund is Moderate Risk. The fund charges 1.12 % as expense ratio.
The fund’s highest allocation is towards Debt and has invested 52.7% in this asset class. The top three holdings of the fund are , 182 dtb 02122021 , triparty repo , shriram city union finance limited , hdfc bank limited , export-import bank of india , national bank for agriculture and rural development , piramal enterprises limited , bharti airtel limited , idfc first bank limited , reliance industries limited , net current assets , embassy office parks reit , rec limited , telesonic networks limited , godrej industries limited , 8.35% govt stock 2022 , 8.75% kerala sdl 2022 , piramal capital & housing finance limited , manappuram finance limited , shriram transport finance company limited , 8.92% karnataka sdl 2022 , aditya birla housing finance limited , piramal enterprises limited , jm financial products limited , bharti hexacom limited , 182 dtb 25112021 , tata steel limited , 8.76% u.p. sdl 2022 , shriram transport finance company limited , l&t infrastructure finance company limited , indinfravit trust , power finance corporation limited , bajaj housing finance limited , bajaj housing finance limited , 9.24% rajasthan sdl 2022 , mobil trust series 19 , ahmedabad-maliya tollway limited , asirvad micro finance private limited , embassy office parks reit , lic housing finance limited , muthoot finance limited , rec limited , indinfravit trust , axis bank limited , idfc first bank limited , vivriti capital private limited , housing development finance corporation limited , u.p. power corporation limited , housing development finance corporation limited , national bank for agriculture and rural development , union bank of india , 182 dtb 09122021 , manappuram finance limited , u.p. power corporation limited
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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 Inc Dist cum Cap Wdrl (RIDCW-Q) has a score of 3 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Ultra Short Duration Fund Inc Dist cum Cap Wdrl (RIDCW-Q) has a score of 3out of 5 The credit risk of the fund is 3 out of 5 as compared to other debt funds.
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