Nippon India Ultra Short Duration Fund Direct Growth+0.09%

2Groww
0.51%
1 Year Return
Debt
Ultra Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Ultra Short Duration Fund Direct Growth

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.38%
NAV₹3075.19 (03 Apr 2020)
Fund Started01 Jan 2013
Fund Size₹1,920 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Ultra Short Duration Fund Direct Growth
0.5%
5.4%
6.4%
7.2%
Category Average
6.1%
6.1%
6.9%
-
Rank within category
23
14
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month₹5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    ₹0
    with 0.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Piramal Enterprises Ltd.HealthcareNCD8.6%
    Durg Shivnath Expressways Pvt. Ltd.ServicesDebenture7.6%
    Uttar Pradesh Power Corporation LtdEngineeringBonds7.0%
    Panchshil Corporate Park Pvt. Ltd.TechnologyDebenture5.3%
    Northern ARC Capital Ltd.FinancialNCD5.1%
    Indusind Bank Ltd.FinancialCD5.0%
    Indiabulls Housing Finance Ltd.FinancialSecuritised Debt3.9%
    Axis Bank Ltd.FinancialCD3.8%
    Clix Finance India Pvt. Ltd.FinancialNCD3.0%
    Sterlite Technologies Ltd.CommunicationDebenture2.8%
    See All

    Fund Managers

    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed
    addVivek Sharma
    Education
    Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
    Experience
    He has been associated with Reliance AMC since 2006.
    Funds Managed

    Other Details

    Nippon India Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anju Chajjer, Vivek Sharma is the Current Fund Manager of Nippon India Ultra Short Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,920 Cr and the Latest NAV as of 03 Apr 2020 is ₹3075.19.

    The Nippon India Ultra Short Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. Nil.

    Investment Objective

    The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made 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.

    Scheme Information Document(SID)

    Click here
    ₹100
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About Reliance Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    30 Jun 1995
    E-mail
    customer_care@reliancemutual.com
    Website
    NA
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Email
    mfshyderabad@karvy.com
    Website
    www.karvymfs.com
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