Nippon India Ultra Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 4,556.9129
Weekly NAV IDCW: Rs 1,091.6900
Quarterly NAV IDCW: Rs 1,026.5044
Monthly NAV IDCW: Rs 1,032.8336
Suitable For Which Investors?
Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Fund Manager:
1) Vivek Sharma
Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience: He has been associated with Nippon India Mutual Fund since 2006.
Investment Details
| Min. Investment (₹) | 100 |
| Min. Addl Investment (₹) | 100 |
| Min. SIP Investment (₹) | 100 |
| Min. Withdrawal (₹) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (₹) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Nippon India Ultra Short Duration Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.23% |
| Benchmark | CRISIL Ultra Short Duration Debt A-I Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | ₹ 12,641 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.38% |
| (As on 31-Oct-2025) | |
| Risk Grade | Average |
| Return Grade | High |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Ultra Short Duration Dir | 6.74 | 0.02 | 0.57 | 1.65 | 3.53 | 7.74 | 7.76 | 7.44 | 6.41 | 6.74 |
| CCIL T Bill Liquidity Weight* | 4.20 | 0.06 | 0.37 | 0.94 | 2.12 | 4.67 | 4.65 | 3.63 | 3.71 | 3.88 |
| Debt: Ultra Short Duration* | 6.46 | 0.02 | 0.52 | 1.57 | 3.37 | 7.40 | 7.41 | 6.14 | 6.36 | 6.51 |
| Rank within category* | 2 | 5 | 1 | 3 | 3 | 2 | 1 | 1 | 8 | 5 |
| Number of funds in category* | 26 | 31 | 31 | 30 | 30 | 25 | 24 | 23 | 17 | 11 |
Peer Comparison of Nippon India Ultra Short Duration Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Nippon India Ultra Short Duration Dir | 4 star | 7.74 | 7.76 | 7.44 | 0.38 | 12,641 | 7.23 | — | 12Y 10M |
| Tata Ultra Short Term Dir | 5 star | 7.63 | 7.61 | 6.24 | 0.29 | 5,491 | 6.41 | — | 6Y 9M |
| Sundaram Ultra Short Duration Dir | 4 star | 7.44 | 7.51 | 6.13 | 0.23 | 2,237 | 6.88 | — | 12Y 10M |
| Mirae Asset Ultra Short Duration Dir | 4 star | 7.59 | 7.60 | 6.16 | 0.17 | 1,788 | 6.14 | — | 5Y 1M |
| Baroda BNP Paribas Ultra Short Duration Dir | 4 star | 7.36 | 7.48 | 6.16 | 0.31 | 1,207 | 6.50 | — | 7Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 128 | 61 |
| Macaulay Duration (yrs) | 0.52 | 0.46 |
| Average Maturity (yrs) | 0.70 | 0.50 |
| Yield to Maturity (%) | 6.91 | 6.44 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Nippon India Ultra Short Duration Fund
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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November 18, 2025
RA Jainee



