Nippon India Ultra Short Duration Fund Direct Plan Growth Option - Regular - Latest NAV [ ₹3258.064 ], Returns, Performance, Portfolio & Returns 2021

Nippon India Ultra Short Duration Fund Direct Plan Growth Option

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    5.81%
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    (+0.73)3258.064

Min amount: ₹100

Calculate Returns

Rs. 100 invested monthly becomes Rs. 45,396 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years5.81%
3 Years4.96%
1 Year5.68%
6 Months2.82%
Fund Details
ISININF204K01YH3
RiskModerately High risk
Fund TypeUltra Short Duration
NAV3258.064
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.35% Govt Stock 202214%
91 DTB 1706202113.29%
U.P. Power Corporation Limited6.56%
Housing Development Finance Corporation Limited6.14%
Bajaj Housing Finance Limited5.55%
Ahmedabad-Maliya Tollway Limited5.06%
Asirvad Micro Finance Private Limited4.63%
Vivriti Capital Private Limited 9.9%4.02%
REC Limited3.45%
Power Finance Corporation Limited3.39%

##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

Calculate Returns

Rs. 100 invested monthly becomes Rs. 45,396 in a period of 20 years
Moderately High risk

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