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NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 62/100 · Average
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)0.37%
- Expense ratio (20%)0.34%
- AUM (15%)₹11,659 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Income/Debt Oriented · Ultra Short Term Fund
₹1,026.5
AUM: ₹11,658 Cr
NAV updated 18 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
-3.33
Std Dev (1Y)
1.75%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.16%
3m
+0.0%
6m
+0.48%
1y
+0.53%
3y
+0.37%
5y
+0.31%
10y
+6.65%
since inception
+0.26%
TopFund's Take on NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option sits in the middle of the pack for Ultra Short Term Fund funds, backed by a 4-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 is roughly in line with the Ultra Short Term Fund category average of 0.33% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -3.33 — 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 1.75% is on the lower side for a Ultra Short Term Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented 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
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Frequently Asked Questions about NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option is ₹1026.5. NAV is updated every business day after market close by AMFI.
1Y: 0.53% · 3Y CAGR: 0.37% · 5Y CAGR: 0.31%
The expense ratio of NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY 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 - MONTHLY IDCW Option is managed by Anju Chajjer, Vivek Sharma at Nippon India Mutual Fund.
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY 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 - MONTHLY IDCW Option is a Ultra Short Term Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY 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 - MONTHLY IDCW Option is ₹11,659 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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