3 Year return
6.86%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹7256.63 Cr.
Expense Ratio
0.38% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Nippon India Mutual Fund Managers
VS
Vivek Sharma
Fund Manager since Aug 2024
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
UTI Ultra Short Duration Fund |
6.46% |
2.5 |
ICICI Prudential Ultra Short Term Fund |
6.63% |
5 |
Aditya Birla Sun Life Savings Fund |
6.6% |
5 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
About Nippon India Ultra Short Duration Fund Direct Plan Growth
Nippon India Ultra Short Duration Fund Direct Growth, an offering from Nippon India Mutual Fund, is a Debt Mutual Fund Scheme crafted to meet specific investor needs. The fund's core strategy involves investment in debt and money market instruments, while maintaining a target portfolio duration ranging from 120 to 180 days. This approach is designed to strike a balance between generating a relatively higher gross yield and mitigating potential volatility. Notably, the expense ratio of Nippon India Ultra Short Duration Fund Direct Growth is low compared to the category average.
Investment Objective of the Scheme
The prime investment objective of Nippon India Ultra Short Duration Fund Direct Plan Growth is to achieve optimal returns while managing moderate levels of risk and ensuring liquidity. The fund endeavours to fulfil this objective by primarily investing in a diversified portfolio of debt and money market instruments. This investment strategy enables the fund to cater to investors seeking a balance between income generation and risk management.
Key Features of The Fund
5-year return | 7.1% |
Expense Ratio | 0.38% |
Fund Manager | Vivek Sharma |
Fund Size | ₹7256.63 Cr |
Risk Profile | Moderate |
Is This Scheme Right for Me?
Nippon India Ultra Short Duration Fund Direct Plan Growth can be an appropriate choice for investors with a specific focus on short-term income generation. By investing in debt and money market instruments, the fund aims to maintain a Macaulay duration of the portfolio within the range of 3 to 6 months. This approach aligns with the preferences of investors seeking relatively stable returns over a shorter investment horizon. However, it's crucial for potential investors to evaluate their financial objectives, risk tolerance, and time horizon before investing.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Ready to Invest? Start Your SIP Now!
FAQs
What is today's NAV of Nippon India Ultra Short Duration Fund?
What is the AUM of Nippon India Ultra Short Duration Fund?
What is the expense ratio of Nippon India Ultra Short Duration Fund?
What are the returns of Nippon India Ultra Short Duration Fund since inception?
What is the minimum SIP amount to invest in Nippon India Ultra Short Duration Fund?
How do I invest in Nippon India Ultra Short Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Ultra Short Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Ultra Short Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Ultra Short Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.