Nippon India Ultra Short Duration Fund

Q: What are the returns of this mutual fund scheme?

The Nippon India Ultra Short Duration Fund is a 23 yrs 10 m old fund and has delivered average annual returns of 6.09% since inception. Nippon India Ultra Short Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.96% 6.95% 6.59% 5.88% 6.09%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹4103.9761+0.05% 1 day change	6.09% p.a.	App exclusive #NA View Ranked Funds	₹10,507 Cr

Historical NAV & returns

NAV: ₹4103.9761 as on Oct 20, 2025

This fund Category average

Nippon India Ultra Short Duration Fund overview

AUM (Fund size)	₹10,507 Cr
Exit load	0%
Lock-in Period	Nil
Age	23 yrs 10 m since Dec 04, 2001
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.12% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Ultra 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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.48%	0.47%
3 Months	1.38%	1.36%
6 Months	3.11%	3.07%
1 Year	6.96%	6.88%
2 Years	7.06%	6.98%
3 Years	6.95%	6.87%
4 Years	6.22%	6.07%
5 Years	6.59%	5.57%
7 Years	5.61%	5.85%
10 Years	5.88%	6.09%

Asset allocationas on Sep 30, 2025

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 41.05%

A1+ 29.61%

AA 15.67%

SOV 10.56%

Top Debt Holdings

Reserve Bank of India 8.18%

Axis Bank Ltd. 6.75%

National Bank For Agriculture & Rural Development 6.56%

HDFC Bank Ltd. 5.38%

Allocation by Instruments

Debenture 35.56999999999999%

Certificate of Deposit 25.200000000000003%

Non Convertible Debenture 21.23%

Treasury Bills 8.18%

Other Holdings

Others 0.26%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Ultra Short Duration Fund	0.48%	3.11%	6.96%	6.95%	6.59%	5.88%
ICICI Prudential Ultra Short Term Fund	0.5%	3.3%	7.26%	7.2%	5.93%	6.92%
Mahindra Manulife Ultra Short Duration Fund	0.47%	3.11%	7.0%	7.05%	5.63%	3.43%
WhiteOak Capital Ultra Short Duration Fund	0.43%	2.89%	6.57%	6.59%	5.38%	3.31%
HDFC Ultra Short Term Fund	0.5%	3.19%	7.14%	7.16%	5.78%	4.45%
HSBC Ultra Short Duration Fund	0.49%	3.17%	7.14%	7.17%	5.76%	3.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Ultra Short Duration Fund	0.26	0.63	1.56	2.8
ICICI Prudential Ultra Short Term Fund	0.27	0.65	2.4	4.46
Mahindra Manulife Ultra Short Duration Fund	0.24	0.57	2.18	3.83
WhiteOak Capital Ultra Short Duration Fund	0.24	0.58	0.38	0.64
HDFC Ultra Short Term Fund	0.26	0.65	2.32	4.32
HSBC Ultra Short Duration Fund	0.26	0.64	2.47	4.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Ultra Short Duration Fund	N.A.	10,507 Cr	23 yrs 10 m	1.12%
ICICI Prudential Ultra Short Term Fund	N.A.	14,697 Cr	14 yrs 6 m	0.8%
Mahindra Manulife Ultra Short Duration Fund	N.A.	208 Cr	6 yrs	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	531 Cr	6 yrs 5 m	1.03%
HDFC Ultra Short Term Fund	N.A.	16,700 Cr	7 yrs 1 m	0.7%
HSBC Ultra Short Duration Fund	N.A.	2,496 Cr	5 yrs 9 m	0.35%

View all Ultra Short Duration funds

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

Alpha	1.54 vs. 2.47 Underperformed at beating benchmark
Sharpe	1.56 vs. 2.73 Poor risk-adjusted returns
Beta	0.63 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	0.26 vs. 0.2 More volatile performance

Compare Nippon India Ultra Short Duration Fund in detail with

About this fund

About Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund is a Ultra Short Duration mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 23 yrs 10 m, having been launched on 04/12/2001. Nippon India Ultra Short Duration Fund has ₹10,507 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Ultra Short Duration Fund as of 20/10/2025 is ₹4103.98. The fund has an expense ratio of 1.12%, which is higher than what most other Ultra Short Duration funds charge.

Nippon India Ultra Short Duration Fund returns of last 1-year are 7.00%. Since launch, it has delivered 6.09% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Nippon India Ultra Short Duration Fund 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 high.
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 Reserve Bank of India, Axis Bank Ltd., National Bank For Agriculture & Rural Development, HDFC Bank Ltd., Small Industries Devp. Bank of India Ltd..

...

Fund AUM	10,507 Cr as on Sep 30, 2025
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.

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.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 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 Medium Duration Fund	N.A.	120 Cr	10.07%	8.48%
Nippon India Nivesh Lakshya Long Duration Fund	N.A.	9,652 Cr	5.31%	8.46%
Nippon India Credit Risk Fund	N.A.	983 Cr	9.25%	8.46%
Nippon India Fixed Maturity Plan XLI - Series 8	N.A.	67 Cr	8.0%	8.45%
Nippon India Fixed Maturity Plan XLIII - Series 5	N.A.	181 Cr	8.16%	8.43%
Nippon India Dynamic Bond Fund	N.A.	4,336 Cr	7.77%	8.28%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Nippon India Ultra Short Duration Fund plan is approximately ₹4103.9761 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Ultra Short Duration Fund is a 23 yrs 10 m old fund and has delivered average annual returns of 6.09% since inception.

Nippon India Ultra Short Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.96%	6.95%	6.59%	5.88%	6.09%

How much does this mutual fund charge as expense ratio?

The Nippon India Ultra Short Duration Fund has an expense ratio of 1.12%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The Nippon India Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 10,507 Cr as on Sep 30, 2025.

To whom does Nippon India Ultra Short Duration Fund lend to?

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

Holding Name	Percentage of Portfolio
Reserve Bank of India	8.18%
Axis Bank Ltd.	6.75%
National Bank For Agriculture & Rural Development	6.56%

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 Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	41.05%
A1+	29.61%
AA	15.67%

What is risk level of Nippon India Ultra Short Duration Fund?

This is a Ultra 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 can I redeem my investments in Nippon India Ultra Short Duration Fund?

Redeeming your investments in the Nippon India Ultra Short Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Ultra Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Ultra Short Duration funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.