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Nippon India Mutual Fund

Nippon India Short Duration Fund-Growth Plan

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 62/100 · Average

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)7.57%
  • Expense ratio (20%)0.34%
  • AUM (15%)₹12,447 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Nippon India Mutual Fund · Debt · Ultra Short Duration

₹4,822.92

+4766.65 (+8471.99%)

AUM: ₹12,447 Cr

NAV updated 11 days ago

Plan

Direct

Option

Growth

Risk

Low to Moderate

Expense Ratio

0.34%

Exit Load

Nil

Fund Manager

Anju Chajjer, Vivek Sharma

Inception

Jan 2013

Benchmark

CRISIL Ultra Short Duration Debt A-I Index

Sharpe Ratio

-0.97

Std Dev (1Y)

1.24%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.55%

3m

+1.83%

6m

+3.76%

1y

+7.01%

3y

+7.57%

5y

+6.98%

10y

+6.65%

since inception

+7.78%

TopFund's Take on Nippon India Short Duration Fund-Growth Plan

Nippon India Short Duration Fund-Growth Plan sits in the middle of the pack for Ultra Short Duration funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 62/100.

Cost: At 0.34%, the expense ratio runs 17% above the Ultra Short Duration category average of 0.29%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.97 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.24% is on the lower side for a Ultra Short Duration fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Certificate of Deposit 35.94%
Debenture 20.47%
Non Convertible Debenture 17.00%
Repo 6.39%
Treasury Bills 4.77%
Bonds 4.19%
Commercial Paper 3.93%
Bonds/NCDs 2.94%
Securitised Debt 2.20%
State Development Loan 1.30%
Net Current Assets 0.61%
Alternative Investment Fund 0.25%
Interest Rate Swap 0.02%
Margin Money 0.01%

Frequently Asked Questions about Nippon India Short Duration Fund-Growth Plan

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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