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Product scoring may vary based on gender, age, policy tenure and sum assured.
Gender
Male
Age Group
The lowest age in the selected range is considered for price evaluation (e.g., 25 - 29)
30 - 34
Sum Assured
₹ 1Cr
Debt • Ultra Short Duration • CRISIL Ultra Short Term Debt Index
Nippon India Ultra Short Duration Fund(G)-Direct Plan
1 Finance Rank:
03
031 Finance Score:
84100
Yield To Maturity Score
98
Quality & Diversification Score
75
Standard Deviation Score
66
Modified Duration Score
54
AUM Score
80
Historical Performance score
95
by 1 Finance Research 1 Finance Scores reflect a holistic assessment of fund performance, risk, and costs.
AUM
₹ 9,512 Cr(As on 31-Mar-2026)NAV
₹ 4699.262(As on 08-May-2026)Expense Ratio
0.38%(As on 31-Mar-2026)Investment Horizon
3 to 12 months
03
Debt • Ultra Short Duration • CRISIL Ultra Short Term Debt Index
Nippon India Ultra Short Duration Fund(G)-Direct Plan
This fund ranks 3rd out of 25 funds in its category.
AUM₹ 9,512 Cr(As on 31-Mar-2026)
NAV₹ 4699.262(As on 08-May-2026)
Expense Ratio0.38%(As on 31-Mar-2026)
Investment Horizon3 to 12 months
1 Finance Score: 84/100
Yield To Maturity Score
98
Quality & Diversification Score
75
Standard Deviation Score
66
Modified Duration Score
54
AUM Score
80
Historical Performance score
95
Fundamental Ratios
Modified Duration
7.97 yearsAverage Maturity
0.71 yearsYield To Maturity
7.97%Standard Deviation
0.02%Portfolio summary
Asset Allocation
Debt
Others
101.46%
-1.46%
Credit Rating
AA
33.44%
AAA
24.82%
SOV
8.29%
Others
0.07%
Cash Eqv.
-1.86%
Debt Sector Allocation
Bank
37.06%
Finance
34.10%
G-Sec
8.29%
Others
4.81%
Top Holdings
| Holding Names | Assets (%) |
|---|---|
| National Bank For Agriculture & Rural Development SR-23 G 7.57% (19-Mar-2026) | 4.40% |
| 182 Days Treasury Bill - 26-Mar-2026 | 2.68% |
| JSW Energy Ltd. SR- XI 08.45% (13-Mar-2026) | 2.26% |
| Small Industries Development Bank of India Sr IV 07.11% (27-Feb-2026) | 2.26% |
| 182 Days Treasury Bill - 16-Apr-2026 | 2.23% |
Peer comparison
| Fund List | 1 F score | Fund Size | Expense Ratio |
|---|
Pros and Cons
Pros
Potential for higher returns as the fund maintains a high Net Yield to Maturity (YTM).
Ability to significantly outperform benchmark returns.
High AUM often signifies stability and credibility, along with being well diversified.
Great track record of generating high returns by managing the portfolio dynamically.
Cons
High modified duration indicates higher sensitivity to interest rate changes, suggesting higher risk for the fund.
Should you invest?
Invest if you are :
- Those who have excess funds that they may not need in the next 3 to 12 months
Avoid if you are :
- Those with a longer investment horizon should avoid this fund.
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Taxation
If bought before April 1, 2023
- Less than or equal to 24 months: Short-Term Capital Gains (STCG) are taxed as per your applicable income tax slab.
- More than 24 months: Long-Term Capital Gains (LTCG) are taxed at 12.5% on gains.
If bought after April 1, 2023
- Taxed at applicable slab rates.
Scheme Details
Scheme Objective
- The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Exit Load
- Nil
Minimum investment amount
Lumpsum
₹ 100 (open for subscription)
Other details
Founded In2013
Email Addresscustomercare@nipponindiaim.in
| Fund Manager Name | Total Exp. (Years) | No. of Funds Managed |
|---|---|---|
| Vivek Sharma | 12.1 | 16 |
About Nippon India MF
- Nippon India Mutual Fund, formerly known as Reliance Mutual Fund, is among India’s oldest asset management companies (AMCs), providing a wide array of investment products backed by strong research and risk management.
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Frequently Asked Questions
Are debt funds risk-free?
No, debt funds aren’t entirely risk-free. They may be less volatile than equities, but carry risks like changing interest rates, credit, liquidity, concentration, and prepayment. Hence, as an investor, it is crucial you personalise your portfolio based on your financial personality, which includes your risk comfort and time horizon of your financial goals.
Is a higher yield-to-maturity (YTM) always better?
Not necessarily in every case. A higher yield-to-maturity (YTM) often implies a bond having lower credit ratings, possessing higher default risk. You must weigh YTM against your portfolio quality and your time horizon.
What’s best for an emergency fund?
An emergency fund requires saving 3-6 months of expenses, meaning planning for short-term goals. While debt funds like overnight or liquid funds are usually the preferred options due to their strong liquidity benefits, it is imperative for you to choose a fund that aligns with your financial personality.
Who can invest in debt funds?
Debt funds are suitable for investors who prefer easy liquidity, want low-risk investments, or aim for capital preservation.
Are debt funds better than equity funds?
A mutual fund scheme is designed with a specific purpose. Equity funds are for capital appreciation, while debt funds focus on capital preservation. It depends entirely on your personal finance goals, risk tolerance, and investment horizon. Choosing between debt and equity funds must align with what you want to achieve financially.
Disclaimer
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
- Portfolio diversification
- Mutual fund tax harvesting
- Fund overlap check & more