Nippon India Ultra Short Duration Fund Direct Plan Growth Option
- 5.81%
- (+0.73)3258.064
Min amount: ₹100
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 5.81% |
| 3 Years | 4.96% |
| 1 Year | 5.68% |
| 6 Months | 2.82% |
| Fund Details | |
|---|---|
| ISIN | INF204K01YH3 |
| Risk | Moderately High risk |
| Fund Type | Ultra Short Duration |
| NAV | 3258.064 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 8.35% Govt Stock 2022 | 14% |
| 91 DTB 17062021 | 13.29% |
| U.P. Power Corporation Limited | 6.56% |
| Housing Development Finance Corporation Limited | 6.14% |
| Bajaj Housing Finance Limited | 5.55% |
| Ahmedabad-Maliya Tollway Limited | 5.06% |
| Asirvad Micro Finance Private Limited | 4.63% |
| Vivriti Capital Private Limited 9.9% | 4.02% |
| REC Limited | 3.45% |
| Power Finance Corporation Limited | 3.39% |
##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
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