Nippon India Ultra Short Term Fund Direct Growth
- Fund size
- ₹10,909 Cr
- Launched
- 21 May 2018
- Volatility (3Y)
- 0.4%
- Worst fall (5Y)
- -0.2%
NAV history
Returns
| Period | Return | Type |
|---|---|---|
| 1 month | +0.49% | Absolute |
| 6 months | +3.76% | Absolute |
| 1 year | +6.97% | CAGR |
| 3 years | +7.57% | CAGR |
| 5 years | +7.02% | CAGR |
| 10 years | — | Not enough history |
| Since launch | +6.61% | CAGR · from 21 May 2018 |
CAGR = annualised return. Periods under a year are absolute. Returns are NAV-based and before any exit load or tax.
If you had started a ₹10,000 SIP
- Invested
- ₹3,60,000
- Value today
- ₹4,00,516
- XIRR
- +7.40%
- Invested
- ₹6,00,000
- Value today
- ₹7,19,509
- XIRR
- +7.41%
Assumes ₹10,000 invested on the first NAV date of every month. Try your own numbers in the SIP calculator.
Top holdings
As of Aug 2026 · 117 holdings · top 10 = 21.9%| Company | Sector | Weight |
|---|---|---|
| Nirma | Debt | 2.79% |
| Vedanta | Debt | 2.58% |
| Punjab National Bank | Debt | 2.34% |
| HDFC Bank | Debt | 2.33% |
| Vedanta | Debt | 2.07% |
| Aditya Birla Renewables | Debt | 2.01% |
| Small Industries Dev Bank of India | Debt | 2.01% |
| 182 Days Tbill (MD 10/09/2026) | Debt | 2.01% |
| 6.72% IndiGrid Infrastructure Trust (14/09/2026) | Debt | 1.93% |
| Small Industries Dev Bank of India | Debt | 1.88% |
| HDFC Bank Limited (13/11/2026) | Debt | 1.74% |
| Embassy Office Parks Reit | Real Estate | 1.60% |
| HDFC Bank Limited (21/09/2026) | Debt | 1.60% |
| IIFL Home Finance | Debt | 1.60% |
| Axis Bank | Debt | 1.58% |
About this fund
An ultra short duration fund holds debt with a portfolio duration of 3–6 months.
SEBI category: Income/Debt Oriented Schemes - Ultra Short Term Fund · ISIN INF204K01YH3
Other ultra short duration funds
Is this fund right for you?
Past returns are one input. Whether a fund fits depends on your goals, horizon, taxes and what you already hold. Sulekha Sen reviews that with you — fee-only.
Book a free 30-min call →Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. NAV data: AMFI, via the open TigZig MF NAV API, as of 5 Oct 2026. Fund size: AMFI quarterly average AUM. Holdings: each AMC’s SEBI-mandated monthly portfolio disclosure. Shown for information only — not a recommendation to buy, sell or hold any scheme.