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Nippon India Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (09-May-25)
₹4393.76-0.01%1D
Returns (Since Inception)
7.23%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹8,767 Cr
Expense Ratio
0.38%
ISIN
INF204K01YH3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Nippon India Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 12 years, 4 months and 12 days, having been launched on 01-Jan-13.
As of 09-May-25, it has a Net Asset Value (NAV) of ₹4393.76, Assets Under Management (AUM) of 8766.75 Crores, and an expense ratio of 0.38%.
As of 09-May-25, it has a Net Asset Value (NAV) of ₹4393.76, Assets Under Management (AUM) of 8766.75 Crores, and an expense ratio of 0.38%.
- Nippon India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.23% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 43.24% in debts, and 56.52% in cash & cash equivalents.
- You can start investing in Nippon India Ultra Short Duration Fund Direct 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
+8.08%
+6.87% (Cat Avg.)
3 Years
+7.50%
+6.51% (Cat Avg.)
5 Years
+7.40%
+5.52% (Cat Avg.)
10 Years
+6.81%
+5.59% (Cat Avg.)
Since Inception
+7.23%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2025
| Debt | ₹3,790.93 Cr | 43.24% |
| Others | ₹4,975.83 Cr | 56.76% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Punjab National Bank ** # | Cash - CD/Time Deposit | ₹495.74 Cr | 5.65% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹310.85 Cr | 3.55% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹289.63 Cr | 3.30% |
| Torrent Electricals Limited (27/08/2025) ** | Cash - Commercial Paper | ₹268.65 Cr | 3.06% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹268.3 Cr | 3.06% |
| Triparty Repo | Cash - Repurchase Agreement | ₹263.13 Cr | 3.00% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹245 Cr | 2.79% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹243.36 Cr | 2.78% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹216.38 Cr | 2.47% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹200.38 Cr | 2.29% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹198.46 Cr | 2.26% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹195.57 Cr | 2.23% |
| Indinfravit Trust | Bond - Corporate Bond | ₹186.88 Cr | 2.13% |
| Rec Limited | Bond - Corporate Bond | ₹183.75 Cr | 2.10% |
| Angel One Limited | Cash - Commercial Paper | ₹172.95 Cr | 1.97% |
| HDFC Credila Financial Services Ltd | Bond - Corporate Bond | ₹166.43 Cr | 1.90% |
| Vedanta Limited | Bond - Corporate Bond | ₹165.04 Cr | 1.88% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹145.02 Cr | 1.65% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹144.94 Cr | 1.65% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹144.78 Cr | 1.65% |
| Canara Bank** | Cash - CD/Time Deposit | ₹142.02 Cr | 1.62% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹125.9 Cr | 1.44% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹125.89 Cr | 1.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹125.75 Cr | 1.43% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹124.33 Cr | 1.42% |
| Nuvama Wealth Finance Limited | Bond - Corporate Bond | ₹100.93 Cr | 1.15% |
| Net Current Assets | Cash | ₹-100.37 Cr | 1.14% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹99.49 Cr | 1.13% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹99.05 Cr | 1.13% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99 Cr | 1.13% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.67 Cr | 1.13% |
| LIQUID GOLD SERIES 8 DEC 2024 | Bond - Asset Backed | ₹98.26 Cr | 1.12% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹98.06 Cr | 1.12% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹97.67 Cr | 1.11% |
| Reverse Repo | Cash - Repurchase Agreement | ₹97.46 Cr | 1.11% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.17 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹95.8 Cr | 1.09% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹95.26 Cr | 1.09% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹94.73 Cr | 1.08% |
| Union Bank Of India** | Cash - CD/Time Deposit | ₹94.64 Cr | 1.08% |
| Muthoot Fincorp Ltd** | Cash - Commercial Paper | ₹92.99 Cr | 1.06% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹89.64 Cr | 1.02% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹85.94 Cr | 0.98% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹76.3 Cr | 0.87% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹75.7 Cr | 0.86% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹75.57 Cr | 0.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹72.51 Cr | 0.83% |
| Canara Bank | Cash - CD/Time Deposit | ₹72.12 Cr | 0.82% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹70.99 Cr | 0.81% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹65.4 Cr | 0.75% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹64.91 Cr | 0.74% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹60.64 Cr | 0.69% |
| 08.29 RJ Sdl 2025jul | Bond - Gov't/Treasury | ₹60.3 Cr | 0.69% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹60.22 Cr | 0.69% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹55.14 Cr | 0.63% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹52.5 Cr | 0.60% |
| 06.90 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹50.86 Cr | 0.58% |
| 08.29 MH Sdl 2025 | Bond - Gov't/Treasury | ₹50.33 Cr | 0.57% |
| Nirma Limited | Bond - Corporate Bond | ₹50.31 Cr | 0.57% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹50 Cr | 0.57% |
| Rec Limited | Bond - Corporate Bond | ₹49.64 Cr | 0.57% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹49.36 Cr | 0.56% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹48.99 Cr | 0.56% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.55 Cr | 0.55% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹48.11 Cr | 0.55% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.97 Cr | 0.55% |
| Export Import Bank Of India** | Cash - CD/Time Deposit | ₹47.35 Cr | 0.54% |
| IIFL Housing Finance Limited | Bond - Corporate Bond | ₹45.2 Cr | 0.52% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹40.49 Cr | 0.46% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.58 Cr | 0.43% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹35.09 Cr | 0.40% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.49 Cr | 0.35% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.34 Cr | 0.35% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.19 Cr | 0.29% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹25.14 Cr | 0.29% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.29% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹25.11 Cr | 0.29% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.11 Cr | 0.29% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹25.09 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.07 Cr | 0.29% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.06 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25 Cr | 0.29% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹24.94 Cr | 0.28% |
| 182 DTB 17072025 | Bond - Gov't/Treasury | ₹24.69 Cr | 0.28% |
| 364 DTB 24072025 | Bond - Gov't/Treasury | ₹24.66 Cr | 0.28% |
| Highways Infrastructure Trust | Bond - Corporate Bond | ₹24.5 Cr | 0.28% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.37 Cr | 0.28% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹23.88 Cr | 0.27% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹21.15 Cr | 0.24% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹17.56 Cr | 0.20% |
| Aadhar Housing Finance Ltd. 8.65% | Bond - Corporate Bond | ₹10.14 Cr | 0.12% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.59 Cr | 0.11% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹9.48 Cr | 0.11% |
| INDIGO 023 | Bond - Asset Backed | ₹8.67 Cr | 0.10% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.06% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹4.99 Cr | 0.06% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹4.92 Cr | 0.06% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.77 Cr | 0.02% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹0.99 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2027) (Fv 5000 Lacs) | Interest Rate Swap | ₹-0.86 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.84 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (26/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.74 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (01/12/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.72 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.44 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (27/02/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.43 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (06/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.42 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (13/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.36 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (22/09/2025) (Fv 25000 Lacs) | Interest Rate Swap | ₹-0.3 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/09/2025) (Fv 20000 Lacs) | Interest Rate Swap | ₹-0.25 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (05/08/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹-0.16 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (25/09/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.14 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/06/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.12 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (11/08/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.12 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (08/05/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹-0.01 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,157.23 Cr | 36.01% |
| Cash - CD/Time Deposit | ₹2,987.54 Cr | 34.08% |
| Cash - Commercial Paper | ₹1,175.61 Cr | 13.41% |
| Bond - Gov't/Treasury | ₹868.85 Cr | 9.91% |
| Cash - Repurchase Agreement | ₹360.59 Cr | 4.11% |
| Bond - Asset Backed | ₹249.43 Cr | 2.85% |
| Cash | ₹-100.37 Cr | 1.14% |
| Bond - Gov't Agency Debt | ₹50.86 Cr | 0.58% |
| Mutual Fund - Open End | ₹21.15 Cr | 0.24% |
| Interest Rate Swap | ₹-5.92 Cr | 0.07% |
| Cash - Collateral | ₹1.77 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
0.39%
Cat. avg.
0.60%
Lower the better
Sharpe Ratio
This fund
2.46
Cat. avg.
-0.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.15
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2025
ISIN INF204K01YH3 | Expense Ratio 0.38% | Exit Load No Charges | Fund Size ₹8,767 Cr | Age 12 years 4 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra 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:
Dividend Taxation:
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 Ultra Short Duration Funds
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,64,415 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 Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Nippon India Ultra Short Duration Fund Direct Growth?
The NAV of Nippon India Ultra Short Duration Fund Direct Growth, as of 09-May-2025, is ₹4393.76.
What are the returns of Nippon India Ultra Short Duration Fund Direct Growth?
The fund has generated 8.08% over the last 1 year and 7.50% 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 Ultra Short Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 43.24% in bonds, and 56.52% in cash and cash equivalents.
Who manages the Nippon India Ultra Short Duration Fund Direct Growth?
The fund managers responsible for Nippon India Ultra Short Duration Fund Direct Growth are:-
- Vivek Sharma
- Kinjal Desai
- Akshay Sharma
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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.
Nippon India Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (09-May-25)
₹4393.76-0.01%1D
Returns (Since Inception)
7.23%
Rated ★4.3+ on
Fund Overview
Fund Size
₹8,767 Cr
Expense Ratio
0.38%
ISIN
INF204K01YH3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Moderate Risk
About this fund
Nippon India Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 12 years, 4 months and 12 days, having been launched on 01-Jan-13.
As of 09-May-25, it has a Net Asset Value (NAV) of ₹4393.76, Assets Under Management (AUM) of 8766.75 Crores, and an expense ratio of 0.38%.
As of 09-May-25, it has a Net Asset Value (NAV) of ₹4393.76, Assets Under Management (AUM) of 8766.75 Crores, and an expense ratio of 0.38%.
- Nippon India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.23% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 43.24% in debts, and 56.52% in cash & cash equivalents.
- You can start investing in Nippon India Ultra Short Duration Fund Direct 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
+8.08%
+6.87% (Cat Avg.)
3 Years
+7.50%
+6.51% (Cat Avg.)
5 Years
+7.40%
+5.52% (Cat Avg.)
10 Years
+6.81%
+5.59% (Cat Avg.)
Since Inception
+7.23%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2025
| Debt | ₹3,790.93 Cr | 43.24% |
| Others | ₹4,975.83 Cr | 56.76% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Punjab National Bank ** # | Cash - CD/Time Deposit | ₹495.74 Cr | 5.65% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹310.85 Cr | 3.55% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹289.63 Cr | 3.30% |
| Torrent Electricals Limited (27/08/2025) ** | Cash - Commercial Paper | ₹268.65 Cr | 3.06% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹268.3 Cr | 3.06% |
| Triparty Repo | Cash - Repurchase Agreement | ₹263.13 Cr | 3.00% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹245 Cr | 2.79% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹243.36 Cr | 2.78% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹216.38 Cr | 2.47% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹200.38 Cr | 2.29% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹198.46 Cr | 2.26% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹195.57 Cr | 2.23% |
| Indinfravit Trust | Bond - Corporate Bond | ₹186.88 Cr | 2.13% |
| Rec Limited | Bond - Corporate Bond | ₹183.75 Cr | 2.10% |
| Angel One Limited | Cash - Commercial Paper | ₹172.95 Cr | 1.97% |
| HDFC Credila Financial Services Ltd | Bond - Corporate Bond | ₹166.43 Cr | 1.90% |
| Vedanta Limited | Bond - Corporate Bond | ₹165.04 Cr | 1.88% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹145.02 Cr | 1.65% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹144.94 Cr | 1.65% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹144.78 Cr | 1.65% |
| Canara Bank** | Cash - CD/Time Deposit | ₹142.02 Cr | 1.62% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹125.9 Cr | 1.44% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹125.89 Cr | 1.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹125.75 Cr | 1.43% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹124.33 Cr | 1.42% |
| Nuvama Wealth Finance Limited | Bond - Corporate Bond | ₹100.93 Cr | 1.15% |
| Net Current Assets | Cash | ₹-100.37 Cr | 1.14% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹99.49 Cr | 1.13% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹99.05 Cr | 1.13% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99 Cr | 1.13% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.67 Cr | 1.13% |
| LIQUID GOLD SERIES 8 DEC 2024 | Bond - Asset Backed | ₹98.26 Cr | 1.12% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹98.06 Cr | 1.12% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹97.67 Cr | 1.11% |
| Reverse Repo | Cash - Repurchase Agreement | ₹97.46 Cr | 1.11% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.17 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹95.8 Cr | 1.09% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹95.26 Cr | 1.09% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹94.73 Cr | 1.08% |
| Union Bank Of India** | Cash - CD/Time Deposit | ₹94.64 Cr | 1.08% |
| Muthoot Fincorp Ltd** | Cash - Commercial Paper | ₹92.99 Cr | 1.06% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹89.64 Cr | 1.02% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹85.94 Cr | 0.98% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹76.3 Cr | 0.87% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹75.7 Cr | 0.86% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹75.57 Cr | 0.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹72.51 Cr | 0.83% |
| Canara Bank | Cash - CD/Time Deposit | ₹72.12 Cr | 0.82% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹70.99 Cr | 0.81% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹65.4 Cr | 0.75% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹64.91 Cr | 0.74% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹60.64 Cr | 0.69% |
| 08.29 RJ Sdl 2025jul | Bond - Gov't/Treasury | ₹60.3 Cr | 0.69% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹60.22 Cr | 0.69% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹55.14 Cr | 0.63% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹52.5 Cr | 0.60% |
| 06.90 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹50.86 Cr | 0.58% |
| 08.29 MH Sdl 2025 | Bond - Gov't/Treasury | ₹50.33 Cr | 0.57% |
| Nirma Limited | Bond - Corporate Bond | ₹50.31 Cr | 0.57% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹50 Cr | 0.57% |
| Rec Limited | Bond - Corporate Bond | ₹49.64 Cr | 0.57% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹49.36 Cr | 0.56% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹48.99 Cr | 0.56% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.55 Cr | 0.55% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹48.11 Cr | 0.55% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.97 Cr | 0.55% |
| Export Import Bank Of India** | Cash - CD/Time Deposit | ₹47.35 Cr | 0.54% |
| IIFL Housing Finance Limited | Bond - Corporate Bond | ₹45.2 Cr | 0.52% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹40.49 Cr | 0.46% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.58 Cr | 0.43% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹35.09 Cr | 0.40% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.49 Cr | 0.35% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.34 Cr | 0.35% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.19 Cr | 0.29% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹25.14 Cr | 0.29% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.29% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹25.11 Cr | 0.29% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.11 Cr | 0.29% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹25.09 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.07 Cr | 0.29% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.06 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25 Cr | 0.29% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹24.94 Cr | 0.28% |
| 182 DTB 17072025 | Bond - Gov't/Treasury | ₹24.69 Cr | 0.28% |
| 364 DTB 24072025 | Bond - Gov't/Treasury | ₹24.66 Cr | 0.28% |
| Highways Infrastructure Trust | Bond - Corporate Bond | ₹24.5 Cr | 0.28% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.37 Cr | 0.28% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹23.88 Cr | 0.27% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹21.15 Cr | 0.24% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹17.56 Cr | 0.20% |
| Aadhar Housing Finance Ltd. 8.65% | Bond - Corporate Bond | ₹10.14 Cr | 0.12% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.59 Cr | 0.11% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹9.48 Cr | 0.11% |
| INDIGO 023 | Bond - Asset Backed | ₹8.67 Cr | 0.10% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.06% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹4.99 Cr | 0.06% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹4.92 Cr | 0.06% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.77 Cr | 0.02% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹0.99 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2027) (Fv 5000 Lacs) | Interest Rate Swap | ₹-0.86 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.84 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (26/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.74 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (01/12/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.72 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.44 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (27/02/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.43 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (06/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.42 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (13/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.36 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (22/09/2025) (Fv 25000 Lacs) | Interest Rate Swap | ₹-0.3 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/09/2025) (Fv 20000 Lacs) | Interest Rate Swap | ₹-0.25 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (05/08/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹-0.16 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (25/09/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.14 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/06/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.12 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (11/08/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.12 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (08/05/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹-0.01 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,157.23 Cr | 36.01% |
| Cash - CD/Time Deposit | ₹2,987.54 Cr | 34.08% |
| Cash - Commercial Paper | ₹1,175.61 Cr | 13.41% |
| Bond - Gov't/Treasury | ₹868.85 Cr | 9.91% |
| Cash - Repurchase Agreement | ₹360.59 Cr | 4.11% |
| Bond - Asset Backed | ₹249.43 Cr | 2.85% |
| Cash | ₹-100.37 Cr | 1.14% |
| Bond - Gov't Agency Debt | ₹50.86 Cr | 0.58% |
| Mutual Fund - Open End | ₹21.15 Cr | 0.24% |
| Interest Rate Swap | ₹-5.92 Cr | 0.07% |
| Cash - Collateral | ₹1.77 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
0.39%
Cat. avg.
0.60%
Lower the better
Sharpe Ratio
This fund
2.46
Cat. avg.
-0.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.15
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2025
ISIN INF204K01YH3 | Expense Ratio 0.38% | Exit Load No Charges | Fund Size ₹8,767 Cr | Age 12 years 4 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra 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:
Dividend Taxation:
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 Ultra Short Duration Funds
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,64,415 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
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Still got questions?
We're here to help.
What is the current NAV of Nippon India Ultra Short Duration Fund Direct Growth?
The NAV of Nippon India Ultra Short Duration Fund Direct Growth, as of 09-May-2025, is ₹4393.76.
What are the returns of Nippon India Ultra Short Duration Fund Direct Growth?
The fund has generated 8.08% over the last 1 year and 7.50% 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 Ultra Short Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 43.24% in bonds, and 56.52% in cash and cash equivalents.
Who manages the Nippon India Ultra Short Duration Fund Direct Growth?
The fund managers responsible for Nippon India Ultra Short Duration Fund Direct Growth are:-
- Vivek Sharma
- Kinjal Desai
- Akshay Sharma
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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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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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.
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