Nippon India Ultra Short Duration Fund Regular Growth
DebtUltra Short DurationModerate Risk
Regular
NAV (18-Jun-25)
₹4024.140.01%1D
Returns (Since Inception)
6.10%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹8,772 Cr
Expense Ratio
1.11%
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 23 years, 6 months and 12 days, having been launched on 07-Dec-01.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4024.14, Assets Under Management (AUM) of 8772.15 Crores, and an expense ratio of 1.11%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4024.14, Assets Under Management (AUM) of 8772.15 Crores, and an expense ratio of 1.11%.
- Nippon India Ultra Short Duration Fund Regular Growth has given a CAGR return of 6.10% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 47.19% in debts, and 52.56% 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
+7.42%
+7.18% (Cat Avg.)
3 Years
+6.85%
+6.70% (Cat Avg.)
5 Years
+6.53%
+5.53% (Cat Avg.)
10 Years
+5.93%
+5.59% (Cat Avg.)
Since Inception
+6.10%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹4,139.84 Cr | 47.19% |
| Others | ₹4,632.31 Cr | 52.81% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Triparty Repo | Cash - Repurchase Agreement | ₹394.72 Cr | 4.50% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹327.14 Cr | 3.73% |
| Punjab National Bank ** # | Cash - CD/Time Deposit | ₹299.12 Cr | 3.41% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹291.54 Cr | 3.32% |
| Torrent Electricals Limited (27/08/2025) ** | Cash - Commercial Paper | ₹270.5 Cr | 3.08% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹270.08 Cr | 3.08% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹246.4 Cr | 2.81% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹244.58 Cr | 2.79% |
| Vedanta Limited | Bond - Corporate Bond | ₹241.11 Cr | 2.75% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹217.83 Cr | 2.48% |
| LIQUID GOLD SERIES 10 | Bond - Asset Backed | ₹216.58 Cr | 2.47% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹200.75 Cr | 2.29% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹199.58 Cr | 2.28% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹196.7 Cr | 2.24% |
| Interise TRust | Bond - Corporate Bond | ₹187.36 Cr | 2.14% |
| Rec Limited | Bond - Corporate Bond | ₹184.18 Cr | 2.10% |
| Angel One Limited | Cash - Commercial Paper | ₹174.23 Cr | 1.99% |
| Credila Financial Services Limited | Bond - Corporate Bond | ₹156.51 Cr | 1.78% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹146.05 Cr | 1.66% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹145.97 Cr | 1.66% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹145.76 Cr | 1.66% |
| Canara Bank | Cash - CD/Time Deposit | ₹143.08 Cr | 1.63% |
| Piramal Finance Limited | Bond - Corporate Bond | ₹140.66 Cr | 1.60% |
| Rec Limited | Bond - Corporate Bond | ₹126.26 Cr | 1.44% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹126.26 Cr | 1.44% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹124.72 Cr | 1.42% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹100.91 Cr | 1.15% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹100.81 Cr | 1.15% |
| Nuvama Wealth Finance Limited | Bond - Corporate Bond | ₹100.66 Cr | 1.15% |
| Reliance Industries Limited | Cash - Commercial Paper | ₹99.56 Cr | 1.14% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹98.7 Cr | 1.13% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.31 Cr | 1.12% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.82 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.45 Cr | 1.10% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹95.91 Cr | 1.09% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹95.43 Cr | 1.09% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹95.34 Cr | 1.09% |
| Muthoot Fincorp Ltd** | Cash - Commercial Paper | ₹93.71 Cr | 1.07% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹89.82 Cr | 1.02% |
| LIQUID GOLD SERIES 8 DEC 2024 | Bond - Asset Backed | ₹88.93 Cr | 1.01% |
| Nuvama Wealth And Investment Limited | Bond - Corporate Bond | ₹84.54 Cr | 0.96% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹76.54 Cr | 0.87% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹75.75 Cr | 0.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹72.99 Cr | 0.83% |
| Canara Bank | Cash - CD/Time Deposit | ₹72.6 Cr | 0.83% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹71.52 Cr | 0.82% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹70.79 Cr | 0.81% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹70.69 Cr | 0.81% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹65.6 Cr | 0.75% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹64.88 Cr | 0.74% |
| 08.29 RJ Sdl 2025jul | Bond - Gov't/Treasury | ₹60.23 Cr | 0.69% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹55.18 Cr | 0.63% |
| 06.90 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹50.94 Cr | 0.58% |
| Nirma Limited | Bond - Corporate Bond | ₹50.36 Cr | 0.57% |
| 08.29 MH Sdl 2025 | Bond - Gov't/Treasury | ₹50.28 Cr | 0.57% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹50 Cr | 0.57% |
| Rec Limited | Bond - Corporate Bond | ₹49.76 Cr | 0.57% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹49.31 Cr | 0.56% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.87 Cr | 0.56% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹48.42 Cr | 0.55% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.29 Cr | 0.55% |
| Export-Import Bank Of India | Cash - CD/Time Deposit | ₹47.7 Cr | 0.54% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹45.75 Cr | 0.52% |
| Net Current Assets | Cash | ₹-45.58 Cr | 0.52% |
| IIFL Home Finance Limited | Bond - Corporate Bond | ₹45.34 Cr | 0.52% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹40.52 Cr | 0.46% |
| Bahadur Chand Investments Private Limited | Bond - Corporate Bond | ₹37.59 Cr | 0.43% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹35.37 Cr | 0.40% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹35.17 Cr | 0.40% |
| Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.53 Cr | 0.35% |
| Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹30.37 Cr | 0.35% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.27 Cr | 0.29% |
| Samvardhana Motherson International Limited | Bond - Corporate Bond | ₹25.16 Cr | 0.29% |
| Rec Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.12 Cr | 0.29% |
| TRuhome Finance Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.29% |
| Bahadur Chand Investments Private Limited | Bond - Corporate Bond | ₹25.11 Cr | 0.29% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.09 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25 Cr | 0.28% |
| 182 DTB 17072025 | Bond - Gov't/Treasury | ₹24.82 Cr | 0.28% |
| 364 DTB 24072025 | Bond - Gov't/Treasury | ₹24.8 Cr | 0.28% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.54 Cr | 0.28% |
| Highways Infrastructure Trust | Bond - Corporate Bond | ₹24.52 Cr | 0.28% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.05 Cr | 0.27% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹21.29 Cr | 0.24% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹15.35 Cr | 0.17% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹10.18 Cr | 0.12% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹9.84 Cr | 0.11% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.6 Cr | 0.11% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹9.49 Cr | 0.11% |
| INDIGO 023 | Bond - Asset Backed | ₹7.42 Cr | 0.08% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.01 Cr | 0.06% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹4.95 Cr | 0.06% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.16 Cr | 0.01% |
| 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 | ₹-0.92 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.9 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (01/12/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.78 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (26/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.77 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (18/02/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.43 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 | ₹-0.37 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (22/09/2025) (Fv 25000 Lacs) | Interest Rate Swap | ₹-0.36 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/09/2025) (Fv 20000 Lacs) | Interest Rate Swap | ₹-0.29 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (25/09/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.16 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (05/08/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹-0.15 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (11/08/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.11 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/06/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.05 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (28/11/2025) (Fv 10000 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 | ₹3,366.21 Cr | 38.37% |
| Cash - CD/Time Deposit | ₹2,713.41 Cr | 30.93% |
| Cash - Commercial Paper | ₹983.62 Cr | 11.21% |
| Bond - Gov't/Treasury | ₹847.82 Cr | 9.66% |
| Bond - Asset Backed | ₹444.71 Cr | 5.07% |
| Cash - Repurchase Agreement | ₹394.72 Cr | 4.50% |
| Bond - Gov't Agency Debt | ₹50.94 Cr | 0.58% |
| Cash | ₹-45.58 Cr | 0.52% |
| Mutual Fund - Open End | ₹21.29 Cr | 0.24% |
| Interest Rate Swap | ₹-6.15 Cr | 0.07% |
| Cash - Collateral | ₹1.16 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.31%
Cat. avg.
0.49%
Lower the better
Sharpe Ratio
This fund
0.28
Cat. avg.
0.28
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.10
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st May 2025
ISIN | INF204K01UE8 | Expense Ratio | 1.11% | Exit Load | No Charges | Fund Size | ₹8,772 Cr | Age | 23 years 6 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:
- 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹251.57 Cr | - |
| Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹251.57 Cr | - |
| Invesco India Ultra Short Term Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1051.40 Cr | 8.0% |
| Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹572.44 Cr | 6.0% |
| Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹572.44 Cr | 6.6% |
| ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹162.92 Cr | 6.8% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹162.92 Cr | 7.7% |
| Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2550.51 Cr | 8.0% |
| Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹8772.15 Cr | 8.2% |
| Kotak Savings Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹15401.47 Cr | 7.9% |
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 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 18-Jun-2025, is ₹4024.14.
What are the returns of Nippon India Ultra Short Duration Fund Regular Growth?
The fund has generated 7.42% over the last 1 year and 6.85% 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, 47.19% in bonds, and 52.56% 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.