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Nippon India Ultra Short Duration Fund Direct Growth+0.03%

5.26%
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 High
Min SIP Amount₹100
Expense Ratio0.33%
NAV₹3214.45 (25 Jan 2021)
Fund Started01 Jan 2013
Fund Size612 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.3%
5.1%
6.0%
5.5%
Category Average
4.8%
5.8%
6.3%
-
Rank Within Category
17
13
13
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.33%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
Cons
1. 3Y Returns are lower than the category average returns
2. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills16.3%
Uttar Pradesh Power Corporation LtdEngineeringDebenture10.7%
Housing Development Finance Corpn. Ltd.FinancialCP8.1%
L&T Ahmedabad Maliya Tollway Ltd.ServicesSO6.2%
Asirvad Microfinance Pvt. Ltd.FinancialNCD5.5%
REC Ltd.FinancialBonds/NCD4.3%
IndInfravit TrustFinancialNCD4.2%
National Bank For Agriculture & Rural DevelopmentFinancialCP4.1%
Bank Of BarodaFinancialCD4.0%
Indian Receivable TrustFinancialZCB2.5%
See All

Fund Managers

Anju Chhajer
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Vivek Sharma
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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 ₹612 Cr and the Latest NAV as of 25 Jan 2021 is ₹3214.45.

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.

Scheme Information Document(SID)

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

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About Nippon India 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
Nippon India 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,
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