Nippon India Ultra Short Duration Fund Regular Growth
DebtUltra Short DurationModerate Risk
Regular
NAV (25-Jul-24)
₹3773.530.02%1D
Returns (Since Inception)
6.04%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹7,169 Cr
Expense Ratio
1.13%
ISIN
INF204K01UE8
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
07 Dec 2001
About this fund
Nippon India Ultra Short Duration Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 22 years, 7 months and 19 days, having been launched on 07-Dec-01.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹3773.53, Assets Under Management (AUM) of 7168.59 Crores, and an expense ratio of 1.13%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹3773.53, Assets Under Management (AUM) of 7168.59 Crores, and an expense ratio of 1.13%.
- Nippon India Ultra Short Duration Fund Regular Growth has given a CAGR return of 6.04% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 33.17% in debts, and 66.62% in cash & cash equivalents.
- You can start investing in Nippon India Ultra Short Duration 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
+6.99%
+6.09% (Cat Avg.)
3 Years
+5.71%
+5.26% (Cat Avg.)
5 Years
+5.33%
+4.96% (Cat Avg.)
10 Years
+6.00%
+5.52% (Cat Avg.)
Since Inception
+6.04%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Debt | ₹2,377.68 Cr | 33.17% |
| Others | ₹4,790.91 Cr | 66.83% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| India (Republic of) | Bond - Short-term Government Bills | ₹493.32 Cr | 8.17% |
| Net Current Assets | Cash | ₹-292.67 Cr | 4.85% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹265.81 Cr | 4.40% |
| Dlf Cyber City Developers Ltd | Bond - Corporate Bond | ₹257.86 Cr | 4.27% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹237.55 Cr | 3.93% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹213.98 Cr | 3.54% |
| Indinfravit Trust | Bond - Corporate Bond | ₹213.77 Cr | 3.54% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹193.14 Cr | 3.20% |
| Rec Limited | Bond - Corporate Bond | ₹180.14 Cr | 2.98% |
| Piramal Housing Finance Limited | Cash - Commercial Paper | ₹148.14 Cr | 2.45% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹144.1 Cr | 2.39% |
| Nuvama Wealth Management Limited | Cash - Commercial Paper | ₹143.86 Cr | 2.38% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹121.1 Cr | 2.01% |
| India (Republic of) | Bond - Short-term Government Bills | ₹103.46 Cr | 1.71% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹100.25 Cr | 1.66% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹100.1 Cr | 1.66% |
| National Housing Bank | Bond - Corporate Bond | ₹99.98 Cr | 1.66% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹98.72 Cr | 1.63% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹97.71 Cr | 1.62% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹97.63 Cr | 1.62% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹97.5 Cr | 1.61% |
| Canara Bank | Bond - Gov't Agency Debt | ₹96.69 Cr | 1.60% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹96.66 Cr | 1.60% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹96.09 Cr | 1.59% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.07 Cr | 1.59% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.68 Cr | 1.58% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹95.27 Cr | 1.58% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹95.23 Cr | 1.58% |
| Angel One Limited | Cash - Commercial Paper | ₹93.71 Cr | 1.55% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹92.03 Cr | 1.52% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹72.68 Cr | 1.20% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹71.94 Cr | 1.19% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹71.49 Cr | 1.18% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹69.11 Cr | 1.14% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹64.48 Cr | 1.07% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹58.03 Cr | 0.96% |
| INDIGO 023 | Bond - Asset Backed | ₹57.94 Cr | 0.96% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹52 Cr | 0.86% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹50.16 Cr | 0.83% |
| Punjab National Bank | Bond - Corporate Bond | ₹50.04 Cr | 0.83% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.48 Cr | 0.82% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.24 Cr | 0.82% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.24 Cr | 0.82% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹49.22 Cr | 0.81% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹48.94 Cr | 0.81% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.83 Cr | 0.81% |
| Rec Limited | Bond - Corporate Bond | ₹48.63 Cr | 0.81% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.52 Cr | 0.80% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹48.47 Cr | 0.80% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.31 Cr | 0.80% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹47.97 Cr | 0.79% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹47.72 Cr | 0.79% |
| Canara Bank | Bond - Gov't Agency Debt | ₹47.53 Cr | 0.79% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹47.52 Cr | 0.79% |
| Indian Bank | Bond - Gov't Agency Debt | ₹47.51 Cr | 0.79% |
| Angel Broking Limited | Cash - Commercial Paper | ₹46.83 Cr | 0.78% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.14 Cr | 0.61% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹36.95 Cr | 0.61% |
| Triparty Repo | Cash - Repurchase Agreement | ₹35.12 Cr | 0.58% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹34.88 Cr | 0.58% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹34.41 Cr | 0.57% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹29.86 Cr | 0.49% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹25.27 Cr | 0.42% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.41% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.98 Cr | 0.41% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹24.97 Cr | 0.41% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹24.97 Cr | 0.41% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.86 Cr | 0.41% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.84 Cr | 0.41% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.58 Cr | 0.41% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹24.02 Cr | 0.40% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹23.85 Cr | 0.39% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹23.82 Cr | 0.39% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.81 Cr | 0.39% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.78 Cr | 0.39% |
| Canara Bank | Bond - Gov't Agency Debt | ₹23.72 Cr | 0.39% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹21.17 Cr | 0.35% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹19 Cr | 0.31% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹18.64 Cr | 0.31% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹17.83 Cr | 0.30% |
| North Eastern Electric Power Corporation Limited | Bond - Corporate Bond | ₹15.11 Cr | 0.25% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹13.98 Cr | 0.23% |
| SANSAR TRUST DEC 2022 | Bond - Asset Backed | ₹8.99 Cr | 0.15% |
| LIQUID GOLD SERIES 7 | Bond - Asset Backed | ₹8.63 Cr | 0.14% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.5 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (12/03/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.29 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (11/03/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.28 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹2,418.33 Cr | 40.04% |
| Cash - CD/Time Deposit | ₹1,950.11 Cr | 32.29% |
| Cash - Commercial Paper | ₹716.23 Cr | 11.86% |
| Bond - Short-term Government Bills | ₹596.78 Cr | 9.88% |
| Cash | ₹-292.67 Cr | 4.85% |
| Bond - Gov't Agency Debt | ₹215.45 Cr | 3.57% |
| Bond - Gov't/Treasury | ₹193.14 Cr | 3.20% |
| Bond - Asset Backed | ₹192.4 Cr | 3.19% |
| Cash - Repurchase Agreement | ₹35.12 Cr | 0.58% |
| Mutual Fund - Open End | ₹13.98 Cr | 0.23% |
| Interest Rate Swap | ₹0.57 Cr | 0.01% |
| Cash - Collateral | ₹0.5 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
1.43%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
0.48
Cat. avg.
-0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.22
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF204K01UE8 | Expense Ratio | 1.13% | Exit Load | No Charges | Fund Size | ₹7,169 Cr | Age | 07 Dec 2001 | 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹243.56 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹568.43 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1535.17 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1535.17 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹161.02 Cr | 7.2% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹161.02 Cr | 6.5% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2239.53 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7168.59 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹239.90 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹239.90 Cr | 7.6% |
About the AMC
Total AUM
₹4,96,196 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Nippon India Ultra Short Duration Fund Regular Growth?
The NAV of Nippon India Ultra Short Duration Fund Regular Growth, as of 25-Jul-2024, is ₹3773.53.
What are the returns of Nippon India Ultra Short Duration Fund Regular Growth?
The fund has generated 6.99% over the last 1 year and 5.71% 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 Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 33.17% in bonds, and 66.62% in cash and cash equivalents.
Who manages the Nippon India Ultra Short Duration Fund Regular Growth?
The fund managers responsible for Nippon India Ultra Short Duration Fund Regular Growth are:-
- Vivek Sharma
- Kinjal Desai
- Akshay Sharma
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.
©2021-2022 Dezerv. All Rights Reserved
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.