Nippon India Ultra Short Duration Fund Regular Growth
DebtUltra Short DurationModerate Risk
Regular
NAV (05-Sep-24)
₹3801.260.02%1D
Returns (Since Inception)
6.05%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹7,600 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 and 9 months, having been launched on 07-Dec-01.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹3801.26, Assets Under Management (AUM) of 7599.90 Crores, and an expense ratio of 1.13%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹3801.26, Assets Under Management (AUM) of 7599.90 Crores, and an expense ratio of 1.13%.
- Nippon India Ultra Short Duration Fund Regular Growth has given a CAGR return of 6.05% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 47.24% in debts, and 52.55% 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
+7.02%
+6.46% (Cat Avg.)
3 Years
+5.79%
+5.54% (Cat Avg.)
5 Years
+5.25%
+5.07% (Cat Avg.)
10 Years
+5.98%
+5.56% (Cat Avg.)
Since Inception
+6.05%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹3,590.27 Cr | 47.24% |
| Others | ₹4,009.63 Cr | 52.76% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| India (Republic of) | Bond - Short-term Government Bills | ₹349.31 Cr | 4.60% |
| Rec Limited | Bond - Corporate Bond | ₹278.54 Cr | 3.67% |
| Indian Bank | Bond - Gov't Agency Debt | ₹264.51 Cr | 3.48% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹220.73 Cr | 2.90% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹216.65 Cr | 2.85% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹198.52 Cr | 2.61% |
| Indinfravit Trust | Bond - Corporate Bond | ₹189.61 Cr | 2.49% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹168.35 Cr | 2.22% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹165.16 Cr | 2.17% |
| Dlf Cyber City Developers Ltd | Bond - Corporate Bond | ₹158.85 Cr | 2.09% |
| Tata Consumer Products Limited | Cash - Commercial Paper | ₹149.85 Cr | 1.97% |
| Nuvama Wealth Management Limited | Cash - Commercial Paper | ₹146.15 Cr | 1.92% |
| Triparty Repo | Cash - Repurchase Agreement | ₹134 Cr | 1.76% |
| India (Republic of) | Bond - Short-term Government Bills | ₹123.2 Cr | 1.62% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹120.71 Cr | 1.59% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹100.08 Cr | 1.32% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.59 Cr | 1.31% |
| Piramal Capital & Housing Finance Limited | Bond - Corporate Bond | ₹99.26 Cr | 1.31% |
| 182 DTB 22112024 | Bond - Gov't/Treasury | ₹98.54 Cr | 1.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹97.92 Cr | 1.29% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹97.31 Cr | 1.28% |
| Canara Bank | Cash - CD/Time Deposit | ₹97.27 Cr | 1.28% |
| Hindustan Zinc Limited | Cash - Commercial Paper | ₹96.9 Cr | 1.27% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹96.87 Cr | 1.27% |
| Bank of Baroda | Bond - Corporate Bond | ₹96.51 Cr | 1.27% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹96.46 Cr | 1.27% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹96.41 Cr | 1.27% |
| Canara Bank | Bond - Gov't Agency Debt | ₹96.23 Cr | 1.27% |
| Angel One Limited | Cash - Commercial Paper | ₹95.39 Cr | 1.26% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹93.75 Cr | 1.23% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹93.42 Cr | 1.23% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹93.1 Cr | 1.23% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹83.38 Cr | 1.10% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹75.05 Cr | 0.99% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹74.95 Cr | 0.99% |
| Manappuram Finance Ltd. 9.1% | Bond - Corporate Bond | ₹74.86 Cr | 0.99% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹74.65 Cr | 0.98% |
| 364 DTB 21112024 | Bond - Gov't/Treasury | ₹73.92 Cr | 0.97% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹73.59 Cr | 0.97% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹73.4 Cr | 0.97% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹72.84 Cr | 0.96% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹72.59 Cr | 0.96% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹72.38 Cr | 0.95% |
| 06.35 OIL SPL 2024 | Bond - Gov't Agency Debt | ₹69.88 Cr | 0.92% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹69.37 Cr | 0.91% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹65.12 Cr | 0.86% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹64.61 Cr | 0.85% |
| Net Current Assets | Cash | ₹61.79 Cr | 0.81% |
| Vajra 012 Trust | Bond - Corporate Bond | ₹59.65 Cr | 0.78% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹52.08 Cr | 0.69% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹50.11 Cr | 0.66% |
| Punjab National Bank | Bond - Corporate Bond | ₹50 Cr | 0.66% |
| Nirma Limited 8.3% | Bond - Corporate Bond | ₹49.99 Cr | 0.66% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.91 Cr | 0.66% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.84 Cr | 0.66% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹49.81 Cr | 0.66% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.67 Cr | 0.65% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹49.47 Cr | 0.65% |
| INDIGO 023 | Bond - Asset Backed | ₹49.23 Cr | 0.65% |
| 364 DTB 05122024 | Bond - Gov't/Treasury | ₹49.15 Cr | 0.65% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.14 Cr | 0.65% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹48.84 Cr | 0.64% |
| Rec Limited | Bond - Corporate Bond | ₹48.82 Cr | 0.64% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹48.35 Cr | 0.64% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.3 Cr | 0.64% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.22 Cr | 0.63% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹48.16 Cr | 0.63% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48.11 Cr | 0.63% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹47.97 Cr | 0.63% |
| Nuvama Wealth Finance Limited | Cash - Commercial Paper | ₹47.71 Cr | 0.63% |
| Angel Broking Limited | Cash - Commercial Paper | ₹47.67 Cr | 0.63% |
| Arka Fincap Limited | Cash - Commercial Paper | ₹47.62 Cr | 0.63% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹46.5 Cr | 0.61% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.23 Cr | 0.49% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.02 Cr | 0.49% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹35.02 Cr | 0.46% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹29.99 Cr | 0.39% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹29.87 Cr | 0.39% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹25.18 Cr | 0.33% |
| 08.03 GOI FCI 2024 | Bond - Gov't Agency Debt | ₹25.08 Cr | 0.33% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.33% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.33% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹24.98 Cr | 0.33% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.95 Cr | 0.33% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.88 Cr | 0.33% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.87 Cr | 0.33% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.86 Cr | 0.33% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.85 Cr | 0.33% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.56 Cr | 0.32% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹24.32 Cr | 0.32% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹24.15 Cr | 0.32% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹24.11 Cr | 0.32% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.08 Cr | 0.32% |
| Canara Bank | Bond - Gov't Agency Debt | ₹24.01 Cr | 0.32% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹23.85 Cr | 0.31% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹21.44 Cr | 0.28% |
| Hindustan Petroleum Corporation Limited | Cash - Commercial Paper | ₹19.9 Cr | 0.26% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹15.58 Cr | 0.21% |
| North Eastern Electric Power Corporation Limited | Bond - Corporate Bond | ₹15.06 Cr | 0.20% |
| SANSAR TRUST DEC 2022 | Bond - Asset Backed | ₹6.07 Cr | 0.08% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹5.41 Cr | 0.07% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.07% |
| National Housing Bank | Bond - Corporate Bond | ₹4.99 Cr | 0.07% |
| LIQUID GOLD SERIES 7 | Bond - Asset Backed | ₹2.02 Cr | 0.03% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.58 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (12/03/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.06 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (11/03/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.05 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (26/02/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,355.37 Cr | 44.15% |
| Cash - CD/Time Deposit | ₹1,769.84 Cr | 23.29% |
| Cash - Commercial Paper | ₹889.86 Cr | 11.71% |
| Bond - Gov't Agency Debt | ₹527.68 Cr | 6.94% |
| Bond - Short-term Government Bills | ₹472.51 Cr | 6.22% |
| Bond - Gov't/Treasury | ₹221.61 Cr | 2.92% |
| Bond - Asset Backed | ₹150.96 Cr | 1.99% |
| Cash - Repurchase Agreement | ₹134 Cr | 1.76% |
| Cash | ₹61.79 Cr | 0.81% |
| Mutual Fund - Open End | ₹15.58 Cr | 0.21% |
| Cash - Collateral | ₹0.58 Cr | 0.01% |
| Interest Rate Swap | ₹0.11 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
-0.60
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st August 2024
ISIN | INF204K01UE8 | Expense Ratio | 1.13% | Exit Load | No Charges | Fund Size | ₹7,600 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
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  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹236.10 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1247.36 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1247.36 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.99 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹195.99 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2139.50 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
About the AMC
Total AUM
₹5,54,956 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 05-Sep-2024, is ₹3801.26.
What are the returns of Nippon India Ultra Short Duration Fund Regular Growth?
The fund has generated 7.02% over the last 1 year and 5.79% 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, 47.24% in bonds, and 52.55% 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.