Item: Nippon India Ultra Short Duration Fund Direct Growth Option
Rating: 5
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Ultra Short Duration Fund Direct Growth Option

4650.678 (0.053%)

NAV on March 18, 2026

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 10,672 cr

Turnover Ratio 218.10%

Expense Ratio 0.38%

Exit Load -

Returns

1M: 0.44%
1Y: 7.31%
3M: 1.53%
3Y: 7.65%
6M: 3.16%
5Y: 7.52%

Min Investment 100

Scheme suspended with effect from 13 Sept 2019 - based on notice dated 13 Sept 2019

ADDITIONAL INFO

Fund Manager Vivek Sharma (Since over 12 years) Kinjal Desai (Since almost 8 years) Akshay Sharma (Since over 3 years) Lokesh Maru (Since 7 months) Divya Sharma (Since 7 months)

ISIN INF204K01YH3

Fund Family Nippon India

Launch Date January 01, 2013

Benchmark NIFTY Ultra Short Duration Debt TR INR

Avg. Maturity 0.66 years

Yield To Maturity (%) 7.27%

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4650.678	7.31%	10,672 cr	0.38%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	583.712	7.30%	21,467 cr	0.33%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	31.328	7.23%	16,816 cr	0.39%	Average
Axis Ultra Short Duration Fund Direct Growth	16.334	7.14%	5,824 cr	0.38%	Below Average
Kotak Savings Fund Direct Growth	46.948	7.12%	16,105 cr	0.36%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	3005.408	6.95%	1,292 cr	0.24%	Below Average
PGIM India Ultra Short Duration Fund Direct Plan Growth	37.108	6.60%	165 cr	0.45%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4650.678	7.31%	10,672 cr	0.38%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	583.712	7.30%	21,467 cr	0.33%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	31.328	7.23%	16,816 cr	0.39%	Average
Tata Ultra Short Term Fund Direct Growth	15.579	7.16%	3,793 cr	0.29%	Low
Axis Ultra Short Duration Fund Direct Growth	16.334	7.14%	5,824 cr	0.38%	Below Average
Kotak Savings Fund Direct Growth	46.948	7.12%	16,105 cr	0.36%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1380.840	6.99%	1,809 cr	0.14%	Average