Nippon India Ultra Short Duration Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 12
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹3896.7(R) +0.02% ₹4282.91(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.18% 6.17% 6.2% -% -%
LumpSum (D) 7.96% 6.99% 7.04% -% -%
SIP (R) -9.28% 4.95% 5.91% -% -%
SIP (D) -8.64% 5.76% 6.74% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-1.64 -0.45 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.43% 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
Bandhan Ultra Short Term Fund 4
Icici Prudential Ultra Short Term Fund 5

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ULTRA SHORT DURATION FUND - QUARTERLY IDCW Option 1015.55
0.2500
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option 1020.77
0.2500
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option 1022.44
0.2700
0.0300%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - MONTHLY IDCW Option 1030.8
0.2700
0.0300%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 1091.69
-1.2200
-0.1100%
NIPPON INDIA ULTRA SHORT DURATION FUND - WEEKLY IDCW OPTION 1091.69
-1.0900
-0.1000%
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 3896.7
0.9600
0.0200%
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4282.91
1.1400
0.0300%

Review Date: 17-01-2025

Nippon India Ultra Short Duration Fund has exhibited average performance in the Ultra Short Duration Fund category. The fund has rank of 12 out of 22 funds in the category. The fund has delivered return of 7.18% in 1 year, 6.17% in 3 years and 6.2% in 5 years. The category average for the same periods is 7.06%, 6.04% and 5.4% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.43. The category average for the same parameter is 0.47 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, ₹12249.0 in 3 years and ₹14052.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Nippon India Ultra Short Duration Fund direct growth option would have grown to ₹11430.0 in 1 year, ₹39300.0 in 3 years and ₹71155.0 in 5 years as of today (17-01-2025).
  3. Sharpe ratio of the fund is -1.64 which shows good performance of fund in the ultra short duration fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.55
0.54
0.45 | 0.60 10 | 23 Good
3M Return % 1.65
1.62
1.37 | 1.85 11 | 23 Good
6M Return % 3.40
3.36
2.85 | 3.76 12 | 23 Good
1Y Return % 7.18
7.06
5.97 | 7.78 11 | 23 Good
3Y Return % 6.17
6.04
5.17 | 6.61 11 | 23 Good
5Y Return % 6.20
5.40
4.43 | 6.20 1 | 19 Very Good
1Y SIP Return % -9.28
-9.37
-10.24 | -8.74 11 | 23 Good
3Y SIP Return % 4.95
4.86
3.91 | 5.47 12 | 23 Good
5Y SIP Return % 5.91
5.29
4.32 | 5.91 1 | 19 Very Good
Standard Deviation 0.43
0.47
0.41 | 0.54 4 | 22 Very Good
Semi Deviation 0.35
0.38
0.34 | 0.42 3 | 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 -1.64
-1.80
-4.04 | -0.64 12 | 22 Good
Sterling Ratio 0.61
0.60
0.51 | 0.66 10 | 22 Good
Sortino Ratio -0.45
-0.46
-0.77 | -0.20 12 | 22 Good
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.61 0.58 0.50 | 0.62 4 | 23
3M Return % 1.84 1.76 1.56 | 1.91 2 | 23
6M Return % 3.78 3.64 3.18 | 3.87 2 | 23
1Y Return % 7.96 7.61 6.59 | 8.00 2 | 23
3Y Return % 6.99 6.58 5.78 | 6.99 1 | 23
5Y Return % 7.04 5.90 4.95 | 7.04 1 | 19
1Y SIP Return % -8.64 -8.91 -9.71 | -8.55 2 | 23
3Y SIP Return % 5.76 5.41 4.55 | 5.76 1 | 23
5Y SIP Return % 6.74 5.80 4.93 | 6.74 1 | 19
Standard Deviation 0.43 0.47 0.41 | 0.54 4 | 22
Semi Deviation 0.35 0.38 0.34 | 0.42 3 | 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 -1.64 -1.80 -4.04 | -0.64 12 | 22
Sterling Ratio 0.61 0.60 0.51 | 0.66 10 | 22
Sortino Ratio -0.45 -0.46 -0.77 | -0.20 12 | 22
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 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 0.03 ₹ 10,003.00
1W 0.12 ₹ 10,012.00 0.14 ₹ 10,014.00
1M 0.55 ₹ 10,055.00 0.61 ₹ 10,061.00
3M 1.65 ₹ 10,165.00 1.84 ₹ 10,184.00
6M 3.40 ₹ 10,340.00 3.78 ₹ 10,378.00
1Y 7.18 ₹ 10,718.00 7.96 ₹ 10,796.00
3Y 6.17 ₹ 11,968.00 6.99 ₹ 12,249.00
5Y 6.20 ₹ 13,511.00 7.04 ₹ 14,052.00
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 -9.28 ₹ 11,386.93 -8.64 ₹ 11,429.81
3Y ₹ 36000 4.95 ₹ 38,822.83 5.76 ₹ 39,299.58
5Y ₹ 60000 5.91 ₹ 69,678.84 6.74 ₹ 71,154.60
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
17-01-2025 3896.6993 4282.9133
16-01-2025 3895.7364 4281.7716
15-01-2025 3894.6445 4280.4886
14-01-2025 3893.7635 4279.4371
13-01-2025 3893.4269 4278.9838
10-01-2025 3891.847 4276.9977
09-01-2025 3891.165 4276.1649
08-01-2025 3890.7933 4275.6732
07-01-2025 3890.5131 4275.2822
06-01-2025 3890.0293 4274.6673
03-01-2025 3888.0335 4272.2248
02-01-2025 3887.5979 4271.6627
01-01-2025 3886.5865 4270.4682
31-12-2024 3885.4835 4269.173
30-12-2024 3883.4951 4266.9062
27-12-2024 3881.4595 4264.4209
26-12-2024 3880.495 4263.2781
24-12-2024 3879.0361 4261.5097
23-12-2024 3878.6271 4260.9777
20-12-2024 3877.0792 4259.029
19-12-2024 3876.7185 4258.5503
18-12-2024 3876.2929 4257.9967
17-12-2024 3875.5752 4257.1218

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.