Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
★★★★★ monitor_heart Health Score: 69/100 · GoodNippon India Mutual Fund · Debt · Ultra Short Duration
₹4,772.17
AUM: ₹10,200 Cr
NAV updated 9 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.34%
Exit Load
Nil
Fund Manager
Anju Chajjer, Vivek Sharma
Inception
Dec 2012
Benchmark
CRISIL Ultra Short Duration Debt A-I Index
Sharpe Ratio
1.6
Std Dev (1Y)
0.43%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.62%
3m
+1.66%
6m
+3.57%
1y
+6.76%
3y
+7.56%
5y
+6.89%
10y
+6.64%
since inception
+6.59%
rate_review TopFund's Take on Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option holds up reasonably well within the Ultra Short Duration category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.
Cost: At 0.34%, the expense ratio runs 13% above the Ultra Short Duration category average of 0.3%. 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 strong Sharpe ratio of 1.6 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 0.43% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
The current NAV (Net Asset Value) of Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option is ₹4772.17. NAV is updated every business day after market close by AMFI.
1Y: 6.76% · 3Y CAGR: 7.56% · 5Y CAGR: 6.89%
The expense ratio is 0.34% per annum — the annual fee deducted from your investment to cover fund management costs.
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option is managed by Anju Chajjer, Vivek Sharma at Nippon India Mutual Fund.
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option is a Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option is ₹10,200 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.