|Min SIP Amount||₹100|
|NAV||₹3259.12 (22 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹747 Cr|
|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%|
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.
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.