Nippon India Ultra Short Duration Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 12
BMSMONEY Rating
Growth Option As On: 24-04-2024
NAV ₹3709.17 (R) +0.01% ₹4054.59 (D) +0.01%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 6.89% 6.67% 4.88% -% -%
LumpSum Dir. P 7.7% 7.53% 5.71% -% -%
SIP Reg. P 7.12% 4.49% 5.5% -% -%
SIP Dir. P 7.93% 5.31% 6.34% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%

NAV Date: 24-04-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ULTRA SHORT DURATION FUND - QUARTERLY IDCW Option 1018.24
0.1000
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option 1021.56
0.1000
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option 1025.19
0.1300
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - MONTHLY IDCW Option 1031.49
0.1300
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - WEEKLY IDCW OPTION 1092.64
0.1100
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 1092.75
0.1300
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION 1114.15
0.0000
0.0000%
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION 1114.15
0.0000
0.0000%
Nippon India Ultra Short Duration Fund- Growth Option 3709.17
0.3800
0.0100%
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4054.59
0.5000
0.0100%

Review Date: March 28, 2024

Performance of the Nippon India Ultra Short Duration Fund has been analyzed on eight performance parameters. Out of eight return parameters, the fund has three return parameters in first quartile; whereas zero risk parameters (out of zero) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance Nippon India Ultra Short Duration Fund has achieved 12th (out of 21 funds), which is average rank in the Ultra Short Duration Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Ultra Short Duration Fund category has 21 funds.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Nippon India Ultra Short Duration Fund has good return performance, as more than 75% 1 year and above return parameters are above average in Ultra Short Duration Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Nippon India Ultra Short Duration Fund has given return of 0.67% in last one month which is good as it is above average in Ultra Short Duration Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Nippon India Ultra Short Duration Fund has given return of 1.8% in last three month which is good as it is above average in Ultra Short Duration Fund.
  3. 1 Year Return%: The Nippon India Ultra Short Duration Fund has given return of 6.99% in last one year which is good as it is above average in Ultra Short Duration Fund. The one year return rank of Nippon India Ultra Short Duration Fund is 13 in 22 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10699.0 in one year.
  4. 3 Year Return%: The Nippon India Ultra Short Duration Fund has given return of 6.61% in last three year which is very good as it is in the top quartile with return rank of 1 in 20 funds. in Ultra Short Duration Fund.
  5. 5 Year Return%: The Nippon India Ultra Short Duration Fund has given return of 4.87% in last five year which is very poor as it is in the fourth quartile with rank of 14 in 16 funds. in Ultra Short Duration Fund.
  6. 1 Year SIP Return%: The Nippon India Ultra Short Duration Fund has given return of -8.89% in last one year which is good as it is above average with return rank of 13 in 22 funds. in Ultra Short Duration Fund.
  7. 3 Year SIP Return%: The Nippon India Ultra Short Duration Fund has given return of 4.56% in last three year which is very good as it is in the top quartile with return rank of 4 in 20 funds. in Ultra Short Duration Fund.
  8. 5 Year SIP Return%: The Nippon India Ultra Short Duration Fund has given return of 5.46% in last five year which is very good as it is in the top quartile with return rank of 1 in 16 funds. in Ultra Short Duration Fund.
    9. '
'

The Nippon India Ultra Short Duration Fund has poor risk performance, as non of above risk paramerters are above average Ultra Short Duration Fund category. The details are provided below. '
    ' '
'

The Nippon India Ultra Short Duration Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Ultra Short Duration Fund category. The details are provided below. '
    ' '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.68
0.66
0.52 | 0.76 8 | 22
Yes
No
No
3M Return % 1.89
1.86
1.52 | 2.13 11 | 22
Yes
No
No
6M Return % 3.54
3.51
3.01 | 3.81 13 | 22
Yes
No
No
1Y Return % 6.89
6.83
5.98 | 7.43 13 | 22
Yes
No
No
3Y Return % 6.67
5.33
4.33 | 6.67 1 | 20
Yes
Yes
No
5Y Return % 4.88
5.37
4.43 | 6.23 14 | 16
No
No
Yes
1Y SIP Return % 7.12
7.05
6.08 | 7.69 13 | 22
Yes
No
No
3Y SIP Return % 4.49
4.23
3.29 | 4.69 4 | 20
Yes
Yes
No
5Y SIP Return % 5.50
4.88
3.88 | 5.50 1 | 16
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.74 0.70 0.56 | 0.78 4 | 22
Yes
Yes
No
3M Return % 2.06 1.97 1.65 | 2.11 3 | 22
Yes
Yes
No
6M Return % 3.92 3.76 3.26 | 3.92 2 | 22
Yes
Yes
No
1Y Return % 7.70 7.37 6.67 | 7.70 1 | 22
Yes
Yes
No
3Y Return % 7.53 5.80 4.96 | 7.53 1 | 20
Yes
Yes
No
5Y Return % 5.71 5.86 4.87 | 6.61 12 | 16
No
No
Yes
1Y SIP Return % 7.93 7.59 6.74 | 7.93 1 | 22
Yes
Yes
No
3Y SIP Return % 5.31 4.70 3.90 | 5.31 1 | 20
Yes
Yes
No
5Y SIP Return % 6.34 5.38 4.44 | 6.34 1 | 16
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.01 ₹ 10001.0 0.01 ₹ 10001.0
1W 0.1 ₹ 10010.0 0.11 ₹ 10011.0
1M 0.68 ₹ 10068.0 0.74 ₹ 10074.0
3M 1.89 ₹ 10189.0 2.06 ₹ 10206.0
6M 3.54 ₹ 10354.0 3.92 ₹ 10392.0
1Y 6.89 ₹ 10689.0 7.7 ₹ 10770.0
3Y 6.67 ₹ 12138.0 7.53 ₹ 12432.0
5Y 4.88 ₹ 12689.0 5.71 ₹ 13200.0
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 7.1165 ₹ 12456.876 7.9284 ₹ 12508.404
3Y ₹ 36000 4.489 ₹ 38549.052 5.3127 ₹ 39029.472
5Y ₹ 60000 5.4959 ₹ 68947.56 6.3362 ₹ 70419.3
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
24-04-2024 3709.1708 4054.5896
23-04-2024 3708.7947 4054.0936
22-04-2024 3707.9478 4053.0792
19-04-2024 3705.9474 4050.6427
18-04-2024 3705.6109 4050.1909
16-04-2024 3704.3941 4048.6963
15-04-2024 3703.6883 4047.8407
12-04-2024 3701.6221 4045.3316
08-04-2024 3698.2313 4041.3543
05-04-2024 3696.2027 4038.8885
04-04-2024 3695.0643 4037.5615
03-04-2024 3694.1295 4036.4568
02-04-2024 3693.1834 4035.3406
28-03-2024 3688.2713 4029.6636
27-03-2024 3684.6121 4025.6185
26-03-2024 3684.0279 4024.9314
22-03-2024 3681.4621 4021.9268
21-03-2024 3681.0127 4021.3853
20-03-2024 3680.1946 4020.4407
19-03-2024 3679.5328 4019.6596
18-03-2024 3678.7556 4018.7523
15-03-2024 3676.5671 4016.187
14-03-2024 3675.8507 4015.346
13-03-2024 3675.522 4014.9299
12-03-2024 3674.7409 4014.0159
11-03-2024 3673.6441 4012.7588
07-03-2024 3670.6849 4009.291
06-03-2024 3669.8288 4008.297
05-03-2024 3668.8324 4007.15
04-03-2024 3668.0418 4006.2245
01-03-2024 3665.768 4003.5545
29-02-2024 3665.028 4002.684
28-02-2024 3664.2496 4001.7718
27-02-2024 3663.6162 4001.0179
26-02-2024 3662.8842 4000.1334
23-02-2024 3660.7109 3997.5045
22-02-2024 3659.7559 3996.3759
21-02-2024 3658.619 3995.0493
20-02-2024 3657.7825 3994.0506
16-02-2024 3654.9262 3990.5915
15-02-2024 3654.0923 3989.5959
14-02-2024 3653.1724 3988.5063
13-02-2024 3652.3727 3987.5484
12-02-2024 3651.5925 3986.6116
09-02-2024 3649.9203 3984.5313
08-02-2024 3649.3825 3983.8586
07-02-2024 3648.6678 3982.9933
06-02-2024 3648.3094 3982.5166
05-02-2024 3647.562 3981.6147
02-02-2024 3645.6221 3979.2426
01-02-2024 3644.8046 3978.2651
31-01-2024 3643.9718 3977.271
30-01-2024 3643.3221 3976.4768
29-01-2024 3642.9187 3975.9519
25-01-2024 3640.2534 3972.7043
24-01-2024 3639.7433 3972.063
23-01-2024 3639.242 3971.4316
19-01-2024 3637.0177 3968.666
18-01-2024 3636.349 3967.8519
17-01-2024 3635.8092 3967.1784
16-01-2024 3635.1264 3966.3488
15-01-2024 3634.795 3965.9029
12-01-2024 3632.7626 3963.4317
11-01-2024 3632.1756 3962.7068
10-01-2024 3631.6248 3962.0215
09-01-2024 3630.7761 3961.0109
08-01-2024 3629.8895 3959.9586
05-01-2024 3627.9522 3957.5914
04-01-2024 3627.2633 3956.7556
03-01-2024 3626.6036 3955.9518
02-01-2024 3625.9464 3955.1508
01-01-2024 3625.3329 3954.3975
29-12-2023 3623.0373 3951.6404
28-12-2023 3621.7458 3950.1474
27-12-2023 3621.0206 3949.2721
26-12-2023 3620.5174 3948.6391
22-12-2023 3617.8879 3945.4347
21-12-2023 3617.1776 3944.5758
20-12-2023 3616.6401 3943.9052
19-12-2023 3615.8758 3942.9878
18-12-2023 3615.135 3942.096
15-12-2023 3613.2248 3939.7618
14-12-2023 3612.4627 3938.847
13-12-2023 3611.8539 3938.0993
12-12-2023 3611.3627 3937.4801
11-12-2023 3611.123 3937.1349
08-12-2023 3609.2366 3934.8264
07-12-2023 3608.6453 3934.0979
06-12-2023 3607.7377 3933.0247
05-12-2023 3607.2169 3932.3729
04-12-2023 3606.4257 3931.4266
01-12-2023 3604.4981 3929.0737
30-11-2023 3604.045 3928.4959
29-11-2023 3603.5053 3927.8243
28-11-2023 3603.0142 3927.2054
24-11-2023 3600.5081 3924.1393
23-11-2023 3599.9548 3923.4528
22-11-2023 3599.4297 3922.7971
21-11-2023 3598.8944 3922.1303
20-11-2023 3598.4714 3921.5858
17-11-2023 3596.6924 3919.3963
16-11-2023 3596.1644 3918.7374
15-11-2023 3595.6757 3918.1202
13-11-2023 3594.4053 3916.5668
10-11-2023 3592.4798 3914.2146
09-11-2023 3591.9812 3913.5869
08-11-2023 3591.5227 3913.0024
07-11-2023 3590.8049 3912.1358
06-11-2023 3590.077 3911.2584
03-11-2023 3588.0805 3908.8304
02-11-2023 3587.1812 3907.7664
01-11-2023 3586.4643 3906.9011
31-10-2023 3585.7495 3906.038
30-10-2023 3585.0422 3905.1833
27-10-2023 3583.5376 3903.2917
26-10-2023 3582.899 3902.5121
25-10-2023 3582.352 3901.832
23-10-2023 3581.1414 3900.3449
20-10-2023 3579.2972 3898.0839
19-10-2023 3578.7734 3897.4292
18-10-2023 3578.3709 3896.9068
17-10-2023 3577.6366 3896.0232
16-10-2023 3576.917 3895.1559
13-10-2023 3575.0213 3892.8398
12-10-2023 3574.4914 3892.1756
11-10-2023 3573.8655 3891.411
10-10-2023 3573.118 3890.5133
09-10-2023 3572.6776 3889.9505
06-10-2023 3570.947 3887.8144
05-10-2023 3570.9447 3887.728
04-10-2023 3570.1714 3886.8022
03-10-2023 3569.3806 3885.8562
29-09-2023 3566.7477 3882.6545
27-09-2023 3565.2521 3880.8587
26-09-2023 3564.5241 3879.9827
25-09-2023 3564.0888 3879.4253
22-09-2023 3562.1644 3877.0796
21-09-2023 3561.3315 3876.0894
20-09-2023 3561.0283 3875.6759
18-09-2023 3559.7181 3874.0811
15-09-2023 3557.8973 3871.8489
14-09-2023 3557.4005 3871.2247
13-09-2023 3556.5307 3870.1949
12-09-2023 3555.961 3869.4914
11-09-2023 3555.498 3868.9042
08-09-2023 3553.8064 3866.813
07-09-2023 3553.1874 3866.0559
06-09-2023 3552.5279 3865.2547
05-09-2023 3551.923 3864.5133
04-09-2023 3551.2479 3863.6953
01-09-2023 3549.4509 3861.49
31-08-2023 3548.6347 3860.5187
30-08-2023 3548.0782 3859.83
29-08-2023 3547.354 3858.959
28-08-2023 3546.7243 3858.1908
25-08-2023 3544.7601 3855.8044
24-08-2023 3544.2496 3855.1656
23-08-2023 3543.5539 3854.3257
22-08-2023 3542.9478 3853.5834
21-08-2023 3542.2819 3852.7759
18-08-2023 3540.4083 3850.4883
17-08-2023 3539.7555 3849.6961
14-08-2023 3538.2597 3847.8202
11-08-2023 3536.4882 3845.6449
10-08-2023 3536.0969 3845.1365
09-08-2023 3535.5822 3844.4945
08-08-2023 3535.0395 3843.8214
07-08-2023 3534.5157 3843.1689
04-08-2023 3532.8105 3841.066
03-08-2023 3532.2624 3840.3872
02-08-2023 3531.7299 3839.7254
01-08-2023 3531.0693 3838.9243
31-07-2023 3530.3616 3838.072
28-07-2023 3528.5543 3835.8588
27-07-2023 3528.1847 3835.3745
26-07-2023 3527.6049 3834.6612
25-07-2023 3526.9345 3833.8497
24-07-2023 3526.3509 3833.1328
21-07-2023 3524.5384 3830.9146
20-07-2023 3523.9467 3830.189
19-07-2023 3523.3555 3829.4638
18-07-2023 3522.7208 3828.6914
17-07-2023 3522.0041 3827.8309
14-07-2023 3520.1454 3825.5631
13-07-2023 3519.4857 3824.7635
12-07-2023 3518.5678 3823.6834
11-07-2023 3517.8576 3822.829
10-07-2023 3517.1391 3821.9656
07-07-2023 3515.3638 3819.7891
06-07-2023 3514.8957 3819.1981
05-07-2023 3514.334 3818.5054
04-07-2023 3513.6764 3817.7086
03-07-2023 3512.7245 3816.5917
30-06-2023 3510.7446 3814.1936
28-06-2023 3509.4911 3812.6672
27-06-2023 3508.878 3811.9188
26-06-2023 3508.3211 3811.2317
23-06-2023 3506.7031 3809.2274
22-06-2023 3506.2085 3808.6078
21-06-2023 3505.5578 3807.8189
20-06-2023 3504.8937 3807.0153
19-06-2023 3504.2179 3806.1991
16-06-2023 3502.5187 3804.1075
15-06-2023 3501.746 3803.1865
14-06-2023 3501.1002 3802.4032
13-06-2023 3500.383 3801.5422
12-06-2023 3499.7634 3800.7874
09-06-2023 3498.0157 3798.6441
08-06-2023 3497.8284 3798.3584
07-06-2023 3497.4212 3797.8344
06-06-2023 3496.7644 3797.0394
05-06-2023 3496.0476 3796.1791
02-06-2023 3494.2257 3793.955
01-06-2023 3493.4831 3793.0665
31-05-2023 3492.5431 3791.9641
30-05-2023 3491.9826 3791.2737
29-05-2023 3491.2753 3790.4239
26-05-2023 3489.7965 3788.573
25-05-2023 3489.2581 3787.9071
24-05-2023 3488.5636 3787.0716
23-05-2023 3488.2539 3786.6538
22-05-2023 3487.9836 3786.2784
19-05-2023 3485.1982 3783.0099
18-05-2023 3484.4641 3782.1315
17-05-2023 3483.694 3781.2141
16-05-2023 3482.8064 3780.169
15-05-2023 3481.6964 3778.8827
12-05-2023 3479.6157 3776.3802
11-05-2023 3478.9595 3775.5863
10-05-2023 3478.4235 3774.923
09-05-2023 3477.828 3774.1955
08-05-2023 3477.2992 3773.5405
04-05-2023 3474.6205 3770.3084
03-05-2023 3474.0475 3769.6053
02-05-2023 3473.197 3768.6015
28-04-2023 3470.9501 3765.8385
27-04-2023 3470.6005 3765.3779
26-04-2023 3470.1883 3764.8492
25-04-2023 3469.6108 3764.1405
24-04-2023 3469.0021 3763.3978

Fund Launch Date: 01/Dec/2001
Fund Category: Ultra Short Duration Fund
Investment Objective: The fund invests in debt and money market instruments with an endeavor to maintain portfolio duration between 160 - 180 days. The aim is to generate high gross yield through a portfolio investing across credit categories. Carry endeavors to protect against volatility.
Fund Description: An open ended ultra-short term debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. (Please refer to the page number 17 of the Scheme Information Document on which the concept of Macaulay ™s Duration has been explained)
Fund Benchmark: NIFTY Ultra Short Duration Debt Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.