|Min SIP Amount||₹100|
|NAV||₹3171.94 (29 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹577 Cr|
|Reserve Bank of India||Financial||T-Bills||13.0%|
|Uttar Pradesh Power Corporation Ltd||Engineering||Debenture||11.2%|
|National Thermal Power Corp. Ltd.||Energy||CP||8.6%|
|Piramal Enterprises Ltd.||Healthcare||NCD||8.1%|
|L&T Ahmedabad Maliya Tollway Ltd.||Services||SO||6.5%|
|Asirvad Microfinance Pvt. Ltd.||Financial||NCD||5.9%|
|Indian Receivable Trust||Financial||ZCB||4.8%|
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 ₹577 Cr and the Latest NAV as of 29 Oct 2020 is ₹3171.94.
The Nippon India Ultra Short Duration Fund Direct Growth is rated Moderately Low 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.