Nippon India Short Term Fund Regular Growth
DebtShort DurationLow to Moderate Risk
Regular
NAV (18-Jun-25)
₹52.980.03%1D
Returns (Since Inception)
7.69%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹7,058 Cr
Expense Ratio
0.95%
ISIN
INF204K01FL4
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
18 Dec 2002
About this fund
Nippon India Short Term Fund Regular Growth is a Short Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 22 years, 6 months and 1 days, having been launched on 18-Dec-02.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹52.98, Assets Under Management (AUM) of 7057.73 Crores, and an expense ratio of 0.95%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹52.98, Assets Under Management (AUM) of 7057.73 Crores, and an expense ratio of 0.95%.
- Nippon India Short Term Fund Regular Growth has given a CAGR return of 7.69% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 92.18% in debts, and 7.53% in cash & cash equivalents.
- You can start investing in Nippon India Short Term Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+9.64%
+9.49% (Cat Avg.)
3 Years
+7.75%
+7.84% (Cat Avg.)
5 Years
+6.44%
+6.67% (Cat Avg.)
10 Years
+7.16%
+6.51% (Cat Avg.)
Since Inception
+7.69%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹6,505.8 Cr | 92.18% |
| Others | ₹551.93 Cr | 7.82% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹536.98 Cr | 7.61% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹490.06 Cr | 6.94% |
| Triparty Repo | Cash - Repurchase Agreement | ₹330.94 Cr | 4.69% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹262.8 Cr | 3.72% |
| Aditya Birla Housing Finance Limited | Bond - Corporate Bond | ₹203.4 Cr | 2.88% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹171.06 Cr | 2.42% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹170.97 Cr | 2.42% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹168.1 Cr | 2.38% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹166.99 Cr | 2.37% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹154.15 Cr | 2.18% |
| Rec Limited | Bond - Corporate Bond | ₹152.18 Cr | 2.16% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹138.45 Cr | 1.96% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹128.61 Cr | 1.82% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹126.33 Cr | 1.79% |
| Samvardhana Motherson International Limited | Bond - Corporate Bond | ₹120.75 Cr | 1.71% |
| 07.93 Up SDL 2030 | Bond - Gov't/Treasury | ₹106.57 Cr | 1.51% |
| 7.17% State Government Securities | Bond - Gov't/Treasury | ₹104.06 Cr | 1.47% |
| 7.08% Karnataka State Development Loans (12/08/2031) | Bond - Gov't/Treasury | ₹104.04 Cr | 1.47% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹102.75 Cr | 1.46% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹102.07 Cr | 1.45% |
| Citicorp Finance (India) Limited | Bond - Corporate Bond | ₹100.13 Cr | 1.42% |
| Net Current Assets | Cash | ₹98.82 Cr | 1.40% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹97.91 Cr | 1.39% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.45 Cr | 1.37% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹91.41 Cr | 1.30% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹86.02 Cr | 1.22% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹84.49 Cr | 1.20% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹77.67 Cr | 1.10% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹77.53 Cr | 1.10% |
| Chhattisgarh (Government of) 7.03% | Bond - Sub-sovereign Government Debt | ₹77.35 Cr | 1.10% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹76.95 Cr | 1.09% |
| TRuhome Finance Limited | Bond - Corporate Bond | ₹76.78 Cr | 1.09% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹76.6 Cr | 1.09% |
| Toyota Financial Services India Limited | Bond - Corporate Bond | ₹76.18 Cr | 1.08% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.86 Cr | 1.07% |
| Poonawalla Fincorp Ltd. | Bond - Corporate Bond | ₹75.06 Cr | 1.06% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹74.48 Cr | 1.06% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹72.79 Cr | 1.03% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹66.82 Cr | 0.95% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹60.49 Cr | 0.86% |
| DHRUVA XXIII | Bond - Asset Backed | ₹56.62 Cr | 0.80% |
| 07.27 MH Sdl 2030 | Bond - Gov't/Treasury | ₹55.23 Cr | 0.78% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹51.98 Cr | 0.74% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹51.62 Cr | 0.73% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹51.52 Cr | 0.73% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.47 Cr | 0.73% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹51.45 Cr | 0.73% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹51.22 Cr | 0.73% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹51.2 Cr | 0.73% |
| National Housing Bank | Bond - Corporate Bond | ₹51.09 Cr | 0.72% |
| India Infradebt Limited | Bond - Corporate Bond | ₹50.94 Cr | 0.72% |
| 06.75 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹50.91 Cr | 0.72% |
| TATA Communications Limited | Bond - Corporate Bond | ₹50.6 Cr | 0.72% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹50.6 Cr | 0.72% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.32 Cr | 0.71% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹49.89 Cr | 0.71% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹40.64 Cr | 0.58% |
| Aditya Birla Real Estate Limited | Bond - Corporate Bond | ₹36.19 Cr | 0.51% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹35.75 Cr | 0.51% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹35.69 Cr | 0.51% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹35.45 Cr | 0.50% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹33.93 Cr | 0.48% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹30.79 Cr | 0.44% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹30.74 Cr | 0.44% |
| Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.37 Cr | 0.43% |
| Haryana (State Of) 7.34% | Bond - Sub-sovereign Government Debt | ₹26.23 Cr | 0.37% |
| Tata Capital Limited | Bond - Corporate Bond | ₹26.16 Cr | 0.37% |
| 7.4% State Government Securities | Bond - Gov't/Treasury | ₹26.15 Cr | 0.37% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹25.82 Cr | 0.37% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.73 Cr | 0.36% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.7 Cr | 0.36% |
| Rec Limited | Bond - Corporate Bond | ₹25.61 Cr | 0.36% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.56 Cr | 0.36% |
| Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹25.44 Cr | 0.36% |
| Aditya Birla Capital Limited | Bond - Corporate Bond | ₹25.27 Cr | 0.36% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹25.14 Cr | 0.36% |
| Jio Credit Ltd | Bond - Corporate Bond | ₹25.07 Cr | 0.36% |
| The Federal Bank Limited | Bond - Corporate Bond | ₹22.4 Cr | 0.32% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹20.65 Cr | 0.29% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹15.25 Cr | 0.22% |
| 07.17 GJ Sdl 2030 | Bond - Gov't/Treasury | ₹12.53 Cr | 0.18% |
| National Highways Authority Of India | Bond - Corporate Bond | ₹10.34 Cr | 0.15% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹9.96 Cr | 0.14% |
| 07.72 TN UDAY 2026 | Bond - Gov't Agency Debt | ₹9.62 Cr | 0.14% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹9.05 Cr | 0.13% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹8.09 Cr | 0.11% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹7.75 Cr | 0.11% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹5.09 Cr | 0.07% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹5.06 Cr | 0.07% |
| 07.39 HR Sdl 2029 | Bond - Gov't/Treasury | ₹3.72 Cr | 0.05% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹3.34 Cr | 0.05% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹3.33 Cr | 0.05% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹3.28 Cr | 0.05% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹3.19 Cr | 0.05% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹3 Cr | 0.04% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.64 Cr | 0.02% |
| Interest Rate Swaps Pay Fix Receive Floating (07/12/2026) (Fv 15000 Lacs) | Interest Rate Swap | ₹-1.22 Cr | 0.02% |
| India Infradebt Limited | Bond - Corporate Bond | ₹1 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (26/08/2027) (Fv 7500 Lacs) | Interest Rate Swap | ₹-0.98 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (30/01/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.94 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (03/03/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.87 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (15/03/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.78 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (25/09/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.74 Cr | 0.01% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹0.7 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (02/04/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.66 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (23/08/2027) (Fv 5000 Lacs) | Interest Rate Swap | ₹-0.66 Cr | 0.01% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹0.42 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹4,200.29 Cr | 59.51% |
| Bond - Gov't/Treasury | ₹1,923.67 Cr | 27.26% |
| Cash - Repurchase Agreement | ₹330.94 Cr | 4.69% |
| Bond - Asset Backed | ₹278.91 Cr | 3.95% |
| Bond - Sub-sovereign Government Debt | ₹103.58 Cr | 1.47% |
| Cash | ₹98.82 Cr | 1.40% |
| Cash - CD/Time Deposit | ₹96.45 Cr | 1.37% |
| Mutual Fund - Open End | ₹20.65 Cr | 0.29% |
| Bond - Gov't Agency Debt | ₹9.62 Cr | 0.14% |
| Interest Rate Swap | ₹-6.85 Cr | 0.10% |
| Cash - Collateral | ₹1.64 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
1.04%
Cat. avg.
1.43%
Lower the better
Sharpe Ratio
This fund
0.87
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.29
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st May 2025
ISIN | INF204K01FL4 | Expense Ratio | 0.95% | Exit Load | No Charges | Fund Size | ₹7,058 Cr | Age | 22 years 6 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Short Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Short Duration Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹721.97 Cr | - |
| Union Short Duration Fund Regular Growth Low Risk | 0.7% | 0.0% | ₹721.97 Cr | - |
| HSBC Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3928.37 Cr | 9.9% |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹71.52 Cr | 9.9% |
| Groww Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹71.52 Cr | 8.7% |
| Invesco India Short Term Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹1051.40 Cr | 9.8% |
| ICICI Prudential Short Term Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹21283.50 Cr | 9.7% |
| Sundaram Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹214.18 Cr | 9.9% |
| Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹10116.37 Cr | 10.0% |
| Nippon India Short Term Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹7057.73 Cr | 10.3% |
About the AMC
Total AUM
₹6,00,436 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of Nippon India Short Term Fund Regular Growth?
The NAV of Nippon India Short Term Fund Regular Growth, as of 18-Jun-2025, is ₹52.98.
What are the returns of Nippon India Short Term Fund Regular Growth?
The fund has generated 9.64% over the last 1 year and 7.75% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Short Term Fund Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 92.18% in bonds, and 7.53% in cash and cash equivalents.
Who manages the Nippon India Short Term Fund Regular Growth?
The fund managers responsible for Nippon India Short Term Fund Regular Growth are:-
- Vivek Sharma
- Kinjal Desai
- Sushil Budhia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.