Fund Details
Nippon India Ultra Short Duration Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.27% |
| NAV | ₹3259.12 (22 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹747 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 14.0% |
| Reserve Bank of India | Financial | T-Bills | 13.3% |
| Uttar Pradesh Power Corporation Ltd | Engineering | Debenture | 6.6% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 6.1% |
| Bajaj Housing Finance Ltd. | Financial | NCD | 5.5% |
| L&T Ahmedabad Maliya Tollway Ltd. | Services | SO | 5.1% |
| Asirvad Microfinance Pvt. Ltd. | Financial | NCD | 4.6% |
| Vivriti Capital Pvt. Ltd. | Financial | NCD | 4.0% |
| Piramal Enterprises Ltd. | Healthcare | CP | 4.0% |
| REC Ltd. | Financial | Bonds/NCD | 3.5% |
Fund Managers
Nippon India Ultra Short Duration Fund Direct Growth Details
Nippon India Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anju Chajjer, Vivek Sharma is the Current Fund Manager of Nippon India Ultra Short Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹747 Cr and the Latest NAV as of 22 Apr 2021 is ₹3259.12.
The Nippon India Ultra Short Duration Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
