Nippon India Ultra Short Duration Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 11
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹3856.53(R) +0.02% ₹4233.79(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.17% 6.06% 6.25% -% -%
LumpSum (D) 7.96% 6.89% 7.08% -% -%
SIP (R) -23.93% 3.12% 3.05% -% -%
SIP (D) -23.35% 3.95% 3.87% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-1.7 -0.46 0.6 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.44% 0.0% 0.0% - 0.35%
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Baroda BNP Paribas Ultra Short Duration Fund 3
Hsbc Ultra Short Duration Fund 4
Bandhan Ultra Short Term Fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option 1020.61
0.1900
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - QUARTERLY IDCW Option 1022.26
0.1900
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option 1029.83
0.2100
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - MONTHLY IDCW Option 1030.63
0.2100
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - WEEKLY IDCW OPTION 1091.89
0.2000
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 1091.92
0.2300
0.0200%
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 3856.53
0.7200
0.0200%
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4233.79
0.8800
0.0200%

Review Date: 19-11-2024

Nippon India Ultra Short Duration Fund has shown average performance in the Ultra Short Duration Fund category. The fund has rank of 11 out of 22 funds in the category. The fund has delivered return of 7.17% in 1 year, 6.06% in 3 years and 6.25% in 5 years. The category average for the same periods is 7.08%, 5.91% and 5.4% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.44. The category average for the same parameter is 0.49 The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Ultra Short Duration Fund direct growth option would have grown to ₹10796.0 in 1 year, ₹12211.0 in 3 years and ₹14081.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Nippon India Ultra Short Duration Fund direct growth option would have grown to ₹10416.0 in 1 year, ₹38240.0 in 3 years and ₹66184.0 in 5 years as of today (19-11-2024).
  3. Sharpe ratio of the fund is -1.7 which shows good performance of fund in the ultra short duration fund category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.54
0.53
0.44 | 0.61 12 | 23 Good
3M Return % 1.76
1.75
1.42 | 1.96 13 | 23 Average
6M Return % 3.49
3.44
2.94 | 3.74 12 | 23 Good
1Y Return % 7.17
7.08
6.03 | 7.71 13 | 23 Average
3Y Return % 6.06
5.91
5.01 | 6.43 9 | 22 Good
5Y Return % 6.25
5.40
4.41 | 6.25 1 | 18 Very Good
1Y SIP Return % -23.93
-24.00
-24.81 | -23.50 13 | 23 Average
3Y SIP Return % 3.12
3.05
2.08 | 3.60 12 | 22 Good
5Y SIP Return % 3.05
2.42
1.44 | 3.05 1 | 18 Very Good
Standard Deviation 0.44
0.49
0.43 | 0.56 3 | 22 Very Good
Semi Deviation 0.35
0.39
0.34 | 0.43 2 | 22 Very Good
Max Drawdown % 0.00
0.00
-0.01 | 0.00 20 | 22 Poor
Average Drawdown % 0.00
0.00
-0.01 | 0.00 20 | 22 Poor
Sharpe Ratio -1.70
-1.86
-3.92 | -0.80 12 | 22 Good
Sterling Ratio 0.60
0.58
0.50 | 0.64 9 | 22 Good
Sortino Ratio -0.46
-0.48
-0.76 | -0.25 12 | 22 Good
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.60 0.58 0.54 | 0.62 2 | 23
3M Return % 1.95 1.88 1.62 | 2.02 3 | 23
6M Return % 3.87 3.71 3.27 | 3.87 1 | 23
1Y Return % 7.96 7.63 6.63 | 7.96 1 | 23
3Y Return % 6.89 6.41 5.61 | 6.89 1 | 22
5Y Return % 7.08 5.90 4.91 | 7.08 1 | 18
1Y SIP Return % -23.35 -23.60 -24.32 | -23.33 2 | 23
3Y SIP Return % 3.95 3.57 2.73 | 3.95 1 | 22
5Y SIP Return % 3.87 2.92 2.04 | 3.87 1 | 18
Standard Deviation 0.44 0.49 0.43 | 0.56 3 | 22
Semi Deviation 0.35 0.39 0.34 | 0.43 2 | 22
Max Drawdown % 0.00 0.00 -0.01 | 0.00 20 | 22
Average Drawdown % 0.00 0.00 -0.01 | 0.00 20 | 22
Sharpe Ratio -1.70 -1.86 -3.92 | -0.80 12 | 22
Sterling Ratio 0.60 0.58 0.50 | 0.64 9 | 22
Sortino Ratio -0.46 -0.48 -0.76 | -0.25 12 | 22
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.12 ₹ 10,012.00 0.14 ₹ 10,014.00
1M 0.54 ₹ 10,054.00 0.60 ₹ 10,060.00
3M 1.76 ₹ 10,176.00 1.95 ₹ 10,195.00
6M 3.49 ₹ 10,349.00 3.87 ₹ 10,387.00
1Y 7.17 ₹ 10,717.00 7.96 ₹ 10,796.00
3Y 6.06 ₹ 11,929.00 6.89 ₹ 12,211.00
5Y 6.25 ₹ 13,538.00 7.08 ₹ 14,081.00
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 -23.93 ₹ 10,375.21 -23.35 ₹ 10,415.98
3Y ₹ 36000 3.12 ₹ 37,762.70 3.95 ₹ 38,239.60
5Y ₹ 60000 3.05 ₹ 64,821.24 3.87 ₹ 66,183.90
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nippon India Ultra Short Duration Fund NAV Regular Growth Nippon India Ultra Short Duration Fund NAV Direct Growth
19-11-2024 3856.5253 4233.791
18-11-2024 3855.8061 4232.915
14-11-2024 3853.0181 4229.5115
13-11-2024 3852.3601 4228.7038
12-11-2024 3851.7308 4227.9273
11-11-2024 3850.95 4226.9847
08-11-2024 3848.8521 4224.4252
07-11-2024 3848.1033 4223.5174
06-11-2024 3847.2368 4222.4812
05-11-2024 3846.5253 4221.6146
04-11-2024 3845.6779 4220.5985
31-10-2024 3842.9175 4217.2267
30-10-2024 3842.1576 4216.3072
29-10-2024 3841.3777 4215.3658
28-10-2024 3840.4286 4214.2387
25-10-2024 3838.643 4212.0236
24-10-2024 3837.6758 4210.877
23-10-2024 3836.9419 4209.9864
22-10-2024 3836.1806 4209.0646
21-10-2024 3835.6915 4208.4415

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.