Nippon India Short Duration Fund Direct-Growth

Q: What are the returns of Nippon India Short Duration Fund?

The Nippon India Short Duration Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 8.23% since inception. Nippon India Short Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.99% 8.31% 6.97% 7.87% 8.23%

Previously called: Nippon India Short-term Direct-G

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹57.8936+0.02% 1 day change	8.23% p.a.	#NA View Ranked Funds	₹7,469 Cr

Historical NAV & returns

NAV: ₹57.8936 as on Jul 21, 2025

This fund Category average

Nippon India Short Duration Fund overview

Expense ratio	0.37% as on May 31, 2025
Exit load	0% Exit load of 0.50% shall be applicable if units are redeemed/switched out within 6 months from the date of allotment.!
AUM (Fund size)	₹7,469 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Short Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.6%	0.6%
3 Months	2.13%	1.97%
6 Months	5.43%	5.21%
1 Year	9.99%	9.62%
2 Years	8.81%	8.54%
3 Years	8.31%	8.19%
4 Years	7.08%	7.25%
5 Years	6.97%	6.82%
7 Years	7.9%	7.35%
10 Years	7.87%	7.56%

Asset allocationas on Dec 31, 2024

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 47.39%

SOV 30.54%

AA 9.64%

AA+ 5.11%

Top Debt Holdings

GOI 20.69%

REC Ltd. 4.31%

India Universal Trust AL1 2.93%

Aditya Birla Housing Finance Ltd. 2.88%

Allocation by Instruments

Debenture 33.15%

GOI Securities 23.660000000000004%

Non Convertible Debenture 16.04%

State Development Loan 6.879999999999999%

Other Holdings

Others 1.4%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Short Duration Fund	N.A.	7,469 Cr	12 yrs 6 m	0.37%
ICICI Prudential Short Term Fund	N.A.	21,284 Cr	12 yrs 6 m	0.45%
UTI Short Duration Fund	N.A.	2,822 Cr	12 yrs 6 m	0.36%
Sundaram Short Duration Fund	N.A.	214 Cr	12 yrs 6 m	0.3%
Baroda BNP Paribas Short Duration Fund	N.A.	199 Cr	12 yrs 6 m	0.44%
Aditya Birla Sun Life Short Term Fund	N.A.	8,343 Cr	12 yrs 6 m	0.36%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Short Duration Fund	0.6%	5.43%	9.99%	8.31%	6.97%	7.87%
ICICI Prudential Short Term Fund	0.63%	5.3%	9.6%	8.67%	7.19%	8.39%
UTI Short Duration Fund	0.55%	5.07%	9.32%	8.18%	7.59%	6.99%
Sundaram Short Duration Fund	0.6%	5.11%	9.68%	8.12%	7.8%	7.11%
Baroda BNP Paribas Short Duration Fund	0.62%	5.38%	9.78%	8.28%	6.61%	7.83%
Aditya Birla Sun Life Short Term Fund	0.65%	5.25%	9.72%	8.31%	7.17%	8.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Short Duration Fund	1.03	2.28	1.67	2.93
ICICI Prudential Short Term Fund	0.75	1.17	2.79	6.25
UTI Short Duration Fund	0.87	1.87	1.79	3.7
Sundaram Short Duration Fund	0.97	2.15	1.54	3.27
Baroda BNP Paribas Short Duration Fund	1.0	2.25	1.69	3.77
Aditya Birla Sun Life Short Term Fund	0.95	1.85	1.86	3.46

View all Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.98 vs. 4.23 Higher outperformance against benchmark
Sharpe	1.67 vs. 4.36 Poor risk-adjusted returns
Beta	2.28 vs. 2.05 More sensitive to market's ups & downs
Standard deviation	1.03 vs. 1.0 More volatile performance

Compare Nippon India Short Duration Fund in detail with

About this fund

About Nippon India Short Duration Fund

Nippon India Short Duration Fund Direct-Growth is a Short Duration mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. Nippon India Short Duration Fund Direct-Growth has ₹7,469 Crores worth of assets under management (AUM) as on 31/12/2024 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Short Duration Fund Direct-Growth as of 21/07/2025 is ₹57.89. The fund has an expense ratio of 0.37%, which is close to what most other Short Duration funds charge.

Nippon India Short Duration Fund Direct-Growth returns of last 1-year are 9.99%. Since launch, it has delivered 8.24% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Nippon India Short Duration Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, REC Ltd., India Universal Trust AL1, Aditya Birla Housing Finance Ltd., Small Industries Devp. Bank of India Ltd..

...

Fund AUM	7,469 Cr as on Dec 31, 2024
Scheme document	View Scheme Document

Fund managers

Vivek Sharma

Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance). He has been associated with Nippon India Mutual Fund since 2006.

Sushil Budhia

Mr. Budhia has done CA Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.

Investment objective

The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.

Nippon India Mutual Fund details

No. of schemes	65 view all schemes
Total AUM	6,17,875 Cr as on Jun 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Nippon India Nivesh Lakshya Long Duration Fund	N.A.	10,269 Cr	8.73%	9.91%
Nippon India Credit Risk Fund	N.A.	1,017 Cr	10.7%	9.12%
Nippon India Dynamic Bond Fund	N.A.	4,234 Cr	10.45%	8.98%
Nippon India Strategic Debt Fund	N.A.	103 Cr	11.97%	8.97%
Nippon India Medium to Long Duration Fund	N.A.	400 Cr	9.0%	8.89%
Nippon India Gilt Fund	N.A.	2,068 Cr	8.8%	8.71%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Short Duration Fund?

The current Net Asset Value (NAV) of the Nippon India Short Duration Fund - Direct Growth plan is approximately ₹57.8936 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Short Duration Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 8.23% since inception.

Nippon India Short Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.99%	8.31%	6.97%	7.87%	8.23%

How much does this mutual fund charge as expense ratio?

The Nippon India Short Duration Fund - Direct Growth has an expense ratio of 0.37%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Nippon India Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 7,469 Cr as on Dec 31, 2024.

To whom does Nippon India Short Duration Fund lend to?

The top 3 debt holdings of Nippon India Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
GOI	20.69%
REC Ltd.	4.31%
India Universal Trust AL1	2.93%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Nippon India Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	47.39%
SOV	30.54%
AA	9.64%

What is risk level of Nippon India Short Duration Fund?

This is a Short Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Nippon India Short Duration Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Short Duration Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Nippon India Short Duration Fund is complete.

How can I redeem my investments in Nippon India Short Duration Fund?

Redeeming your investments in Nippon India Short Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Short Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Short Duration funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.