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 - WEEKLY IDCW OPTION
★★★★★ 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
TopFund Score: 62/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)7.58%
- 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
₹4,827.64
AUM: ₹12,447 Cr
NAV updated 5 days ago
Plan
Direct
Option
Idcw
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
-6.42
Std Dev (1Y)
1.03%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.65%
3m
+1.83%
6m
+3.78%
1y
+7.01%
3y
+7.58%
5y
+6.98%
10y
+6.65%
since inception
-0.01%
TopFund's Take on NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 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 -6.42 — 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 1.03% 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
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION
The current NAV (Net Asset Value) of NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION is ₹4827.64. NAV is updated every business day after market close by AMFI.
1Y: 7.01% · 3Y CAGR: 7.58% · 5Y CAGR: 6.98%
The expense ratio of NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION is 0.34% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION is managed by Anju Chajjer, Vivek Sharma at Nippon India Mutual Fund.
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION is a Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION is ₹12,447 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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