Nippon India Ultra Short Duration Fund Direct Growth Option
Min amount: ₹100
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|Risk||Moderately High risk|
|Fund Type||Ultra Short Duration|
More about this fund
|91 DTB 26082021||11.67%|
|8.35% Govt Stock 2022||8.75%|
|Corporate Bond Repo (Counterparty Reliance Industries Limited)||6.67%|
|National Bank For Agriculture And Rural Development||5.01%|
|Piramal Enterprises Limited||4.15%|
|182 DTB 25112021||4.13%|
|Axis Bank Limited||4.05%|
|Shriram Transport Finance Company Limited||3.78%|
|Bajaj Housing Finance Limited||3.48%|
|Piramal Capital & Housing Finance Limited||3.4%|
##About NIPPON INDIA ULTRA SHORT DURATION FUND - Direct Plan - Growth
The NIPPON INDIA ULTRA SHORT DURATION FUND invests predominantly in money market and debt instruments. The main objective of this mutual funds scheme is to provide investors with optimal returns by taking a moderate risk.
Pros and Cons of NIPPON INDIA ULTRA SHORT DURATION FUND - Direct Plan - Growth
The most significant advantage of investing in this scheme is that its performance is not affected much by the market movements as this fund mostly invests in fixed income securities such as debt and money market securities. On the downside, the returns are always capped, and can never beat that of equity funds’.
##Fund Information and Statistics i) Inception/Launch Date The NIPPON INDIA ULTRA SHORT DURATION FUND was launched on 7 December 2001.
ii) Risk Level The risk level is very low as compared to that of equity funds. However, that is compensated in the form of stable returns.
iii) Redemption The NIPPON INDIA ULTRA SHORT DURATION FUND is an open-ended fund. Therefore, you can redeem your units whenever you want, and the same will be processed in the standard duration.
iv) Fund Manager Mr Vivek Sharma is currently managing the NIPPON INDIA ULTRA SHORT DURATION FUND.
v) Entry/Exit Load As per the guidelines of the Securities and Exchange Board of India (SEBI), there is no entry load levied. Also, this scheme comes with no exit load.
##About Nippon India Mutual Fund
Nippon India Mutual Fund (NIMF) registered with SEBI on 30 June 1995. It is now a leading fund house in India. Nippon Life India Trustee Ltd (NLITL) and Nippon Life Insurance Company is the sponsor and trustee respectively of the NIMF. The assets under management of the NIMF was a whopping Rs 2.04 lakh crore as of March 2020.
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Min amount: ₹100
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns