GMP IPO Watch
Debt Scheme - Short Duration Fund
Nippon India Short Term Fund
Regular Plan · Growth Option · Nippon India Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹54.14 4 Nov 2025
52W High ₹56.37 9 Sept 2026
₹56.3313
NAV as of 4 Nov 2026
+0.17% day change
Other Plans of This Fund
ISININF204K01FL4
Scheme Code101665
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹2,168.12 Cr
Expense Ratio (as of 29 Oct 2026)0.94%
Min. InvestmentRs.100 & in multiples of Re. 1 thereafter.
Inception Date9 Dec 2002
BenchmarkCRISIL Short Duration Debt A-II Index · NA
Portfolio Turnover130.35%
NFO Period09-Dec-2002 – 17-Dec-2002
Returns
1Y
+4.06%
3Y
+6.89%
5Y
+5.99%
7Y
+6.28%
10Y
+6.50%
Since Inception
+7.74%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.46% | +0.43% | 10 of 26 |
| 1M | +0.16% | +0.19% | 15 of 26 |
| 3M | +0.24% | +0.10% | 15 of 25 |
| 6M | +2.46% | +1.94% | 9 of 25 |
| YTD | +3.52% | +2.77% | 11 of 26 |
| 1Y | +4.06% | +3.08% | 13 of 24 |
| 2Y | +6.27% | +5.01% | 5 of 24 |
| 3Y | +6.89% | +5.31% | 7 of 24 |
| 5Y | +5.99% | +4.75% | 7 of 21 |
| 7Y | +6.28% | +4.75% | 7 of 19 |
| 10Y | +6.50% | +4.59% | 5 of 17 |
| INCEPTION | +7.74% | — | — |
Ranked among: Debt Scheme - Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.91% | +7.04% | -2.78% | 98% | 40% |
| 6M | +3.84% | +11.60% | -0.10% | 100% | 41% |
| 1Y | +7.87% | +15.10% | +1.99% | 100% | 43% |
| 2Y | +7.87% | +12.46% | +3.73% | 100% | 43% |
| 3Y | +7.82% | +10.84% | +4.64% | 100% | 43% |
| 5Y | +7.74% | +9.68% | +5.81% | 100% | 43% |
| 7Y | +7.85% | +9.15% | +6.10% | 100% | 43% |
| 10Y | +7.87% | +9.16% | +6.44% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt95.96%
- Cash4.04%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings97
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 7.44% Power Finance Corporation Limited** | Debt | 3.72% | +3.11% |
| SST-7.73%-28-9-29-PTC | Debt | 3.37% | +0.04% |
| National Bank For Agriculture and Rural Development** | Money Market | 2.70% | — |
| 897GOI2030 | Debt | 2.53% | +0.04% |
| 7.54% Knowledge Realty Trust** | Debt | 2.49% | +0.06% |
| Small Industries Dev Bank of India** | Debt | 2.36% | +0.08% |
| 8.71% GMR Hyderabad International Airport Limited** | Debt | 2.36% | — |
| 7.35% Export Import Bank of India** | Debt | 2.35% | +0.06% |
| 8.54% REC Limited** | Debt | 2.08% | +0.05% |
| 8.37% State Government Securities | Debt | 2.01% | — |
| IRFC-6.92%-31-08-31-PVT | Debt | 1.82% | +0.03% |
| 7.83% Small Industries Dev Bank of India** | Debt | 1.81% | +0.05% |
| Triparty Repo | Reverse Repo / TREPS | 1.80% | — |
| Net Current Assets | Net Current Assets | 1.78% | — |
| 8.37% REC Limited** | Debt | 1.68% | +0.05% |
View all 101 holdings
| Jubilant Beverages Limited** | Debt | 1.67% | +0.06% |
| 795GOI2032 | Debt | 1.64% | — |
| CIFCL MARKET LKD 2029 | Debt | 1.57% | +0.05% |
| 8.25% Mahindra & Mahindra Financial Services Limited** | Debt | 1.57% | +0.04% |
| 7.46% REC Limited** | Debt | 1.57% | +0.05% |
| 7.9% HDB Financial Services Limited** | Debt | 1.56% | +0.04% |
| 7.83% Bajaj Housing Finance Limited** | Debt | 1.56% | +0.04% |
| 7.53% Bajaj Housing Finance Limited | Debt | 1.54% | +0.03% |
| SST-7.80%-28-9-30-PTC | Debt | 1.50% | -1.48% |
| 6.92% Power Finance Corporation Limited** | Debt | 1.48% | +0.04% |
| 6.75% Piramal Finance Limited | Debt | 1.37% | -0.01% |
| JTPM Metal Traders Limited** | Debt | 1.27% | +0.04% |
| Muthoot Finance Limited** | Debt | 1.26% | +0.05% |
| 7.74% Power Finance Corporation Limited** | Debt | 1.26% | +0.04% |
| Muthoot Finance Limited** | Debt | 1.18% | +0.04% |
| Mahindra & Mahindra Financial Services Limited** | Debt | 1.18% | +0.04% |
| 7.87% Summit Digitel Infrastructure Limited** | Debt | 1.18% | +0.03% |
| 7.55% Poonawalla Fincorp Limited** | Debt | 1.18% | +0.04% |
| 8.6% Muthoot Finance Limited** | Debt | 1.17% | +0.03% |
| 7.68% National Bank For Agriculture and Rural Development** | Debt | 1.17% | +0.03% |
| 7.48% National Bank For Agriculture and Rural Development | Debt | 1.17% | +0.03% |
| 7.49% Small Industries Dev Bank of India** | Debt | 1.17% | +0.03% |
| 7.7% Nuvoco Vistas Corporation Limited | Debt | 1.17% | +0.04% |
| 6.93% Cube Highways Trust-InvIT Fund** | Debt | 1.15% | +0.02% |
| 6.85% National Bank For Agriculture and Rural Development | Debt | 1.15% | +0.03% |
| LGS18-8.83%-20-5-28-PTC | Debt | 1.06% | +0.01% |
| 9.25% Truhome Finance Limited** | Debt | 1.03% | -0.12% |
| SDL BR 7.24% 2031 | Debt | 1.02% | +0.02% |
| 8.65% Muthoot Finance Limited** | Debt | 0.94% | +0.03% |
| 8% Bajaj Finance Limited** | Debt | 0.93% | +0.02% |
| 7.44% National Bank For Agriculture and Rural Development | Debt | 0.86% | +0.03% |
| 8.55% REC Limited** | Debt | 0.80% | +0.02% |
| 8.01% REC Limited** | Debt | 0.79% | +0.02% |
| 7.96% Mindspace Business Parks REIT** | Debt | 0.79% | +0.02% |
| 7.23% State Government Securities | Debt | 0.78% | +0.01% |
| 7.88% ICICI Home Finance Company Limited** | Debt | 0.78% | +0.02% |
| 8.25% Bajaj Housing Finance Limited | Debt | 0.78% | +0.01% |
| 7.53% National Bank For Agriculture and Rural Development | Debt | 0.78% | — |
| 8.2% RJ Corp Limited** | Debt | 0.78% | — |
| 7.7% Small Industries Dev Bank of India** | Debt | 0.78% | — |
| 7.22% Small Industries Dev Bank of India | Debt | 0.77% | +0.02% |
| 7.06% Brookfield India Real Estate Trust** | Debt | 0.77% | +0.02% |
| 7.45% Bharti Telecom Limited** | Debt | 0.77% | +0.02% |
| 7.12% Export Import Bank of India** | Debt | 0.77% | +0.02% |
| GOI LOAN 5.77% 2030 | Debt | 0.76% | — |
| 6.78% Indian Railway Finance Corporation Limited** | Debt | 0.76% | +0.01% |
| GOI LOAN 7.32% 2030 | Debt | 0.72% | +0.01% |
| 8.12% Aditya Birla Housing Finance Limited** | Debt | 0.71% | +0.02% |
| V019T-8.90%-20-11-35-PTC | Debt | 0.71% | -0.01% |
| 7.75% Bharti Telecom Limited** | Debt | 0.62% | +0.01% |
| 8.15% Tata Capital Limited** | Debt | 0.55% | +0.02% |
| DHRUVAXXIII-9.50%-15-7-30 | Debt | 0.55% | -0.05% |
| SDL KL 7.05% 2030 | Debt | 0.54% | +0.01% |
| 6.64% Power Finance Corporation Limited** | Debt | 0.53% | +0.01% |
| SDL MH 7.27% 2030 | Debt | 0.52% | +0.01% |
| Mahindra Rural Housing Finance Limited** | Debt | 0.49% | +0.02% |
| 7.7% REC Limited** | Debt | 0.47% | +0.01% |
| 7.85% Aditya Birla Housing Finance Limited** | Debt | 0.47% | +0.01% |
| 7.64% Bajaj Housing Finance Limited | Debt | 0.44% | +0.01% |
| Corporate Debt Market Development Fund Class A2 | Reverse Repo / TREPS | 0.44% | +0.01% |
| 768GUJSDL30 | Debt | 0.40% | +0.01% |
| SDL KA 7.09% 2030 | Debt | 0.39% | +0.01% |
| SDL UP 7.03% 2030 | Debt | 0.39% | +0.01% |
| 7.77% Power Finance Corporation Limited** | Debt | 0.39% | +0.01% |
| 7.89% Summit Digitel Infrastructure Limited** | Debt | 0.39% | +0.01% |
| 7.55% REC Limited** | Debt | 0.39% | +0.01% |
| 7.63% National Bank For Agriculture and Rural Development** | Debt | 0.39% | +0.01% |
| 7.31% ICICI Home Finance Company Limited** | Debt | 0.39% | +0.01% |
| 7.77% Bajaj Finance Limited** | Debt | 0.39% | +0.01% |
| 6.61% Power Finance Corporation Limited** | Debt | 0.39% | +0.02% |
| 6.87% REC Limited** | Debt | 0.38% | +0.01% |
| 7.9% Truhome Finance Limited** | Debt | 0.37% | -0.08% |
| 8.2% The Federal Bank Limited** | Debt | 0.26% | +0.01% |
| 7.47% Small Industries Dev Bank of India** | Debt | 0.23% | +0.00% |
| SDL GJ 7.17% 2030 | Debt | 0.19% | +0.01% |
| SDL TN 7.03% 2030 | Debt | 0.16% | +0.01% |
| 7.96% HDB Financial Services Limited** | Debt | 0.16% | +0.01% |
| NHAI-7.35%-28-4-30-PVT | Debt | 0.16% | +0.01% |
| 9.18% Nuclear Power Corporation Of India Limited** | Debt | 0.08% | +0.00% |
| 7.45% Power Finance Corporation Limited** | Debt | 0.08% | +0.00% |
| SDL HR 7.39% 2029 | Debt | 0.06% | +0.00% |
| GOI LOAN 7.04% 2029 | Debt | 0.05% | +0.00% |
| RECL-8.09%-21-3-28-PVT | Debt | 0.04% | +0.00% |
| SDL AP 7.7% 2028 | Debt | 0.03% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.02% | — |
| 8.62% State Government Securities | Debt | 0.01% | +0.00% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.27 | 1.58 | Low Volatility |
| 3Y | 1.00 | 1.45 | Low Volatility |
| 5Y | 0.99 | 1.73 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.95 | -1.54 | Above Average |
| 3Y | 0.68 | -0.52 | Above Average |
| 5Y | 0.13 | -0.86 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 5.55 | 5.18 | Above Average |
| 3Y | 13.62 | 11.67 | Above Average |
| 5Y | 10.29 | 9.18 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.19 | 1.08 | Poor Risk Adjusted Returns |
| 3Y | 1.26 | 1.16 | Poor Risk Adjusted Returns |
| 5Y | 1.15 | 1.07 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Groww Short Term Fund
Direct Plan · Growth
|
+5.27% | +7.50% | +6.27% | +7.46% |
|
ICICI Prudential Short Term Fund
Regular Plan · Growth
|
+4.67% | +6.94% | +6.40% | +7.97% |
|
Axis Short Term Fund
Regular Plan · Growth Option
|
+4.56% | +7.09% | +6.18% | +7.40% |
|
Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund)
Regular Plan · GROWTH
|
+4.32% | +6.72% | — | +6.02% |
|
TRUSTMF Short Term Fund
Regular Plan · Growth
|
+4.24% | +6.51% | +5.72% | +5.64% |
|
HDFC Short Term Fund
Regular Plan · Growth Option
|
+4.20% | +6.98% | +6.17% | +7.80% |
|
Mahindra Manulife Short Term Fund
Regular Plan · Growth
|
+4.18% | +6.55% | +5.59% | +5.49% |
|
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)
Regular Plan · Growth Option
|
+4.14% | +6.66% | +5.84% | +7.19% |
|
Mirae Asset Short Term Fund
Direct Plan · IDCW
|
+4.13% | +7.15% | +6.34% | +6.86% |
|
BANK OF INDIA SHORT TERM FUND
Regular Plan · Growth
|
+4.12% | +6.99% | +10.30% | +5.90% |
More From Nippon Life India Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Direct Plan · Growth Option
|
+61.78% | +49.40% | — | +24.96% |
|
Nippon India Silver ETF
Direct Plan
|
+26.05% | +36.23% | — | +25.08% |
|
Nippon India Silver ETF FOF
Direct Plan · IDCW Option
|
+24.99% | +35.38% | — | +24.09% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+22.83% | +22.93% | +15.06% | +13.35% |
|
Nippon India Japan Equity Fund
Direct Plan · IDCW Option
|
+20.27% | +21.27% | +9.63% | +9.56% |
|
Nippon India ETF Gold BeES
Direct Plan
|
+16.58% | +30.82% | +23.10% | +15.30% |
|
Nippon India Gold Savings Fund
Direct Plan · Growth Option
|
+16.51% | +30.76% | +22.97% | +10.34% |
|
Nippon India US Equity Opportunities Fund
Direct Plan · IDCW Option
|
+11.90% | +18.73% | +10.93% | +14.93% |
|
Nippon India Pharma Fund
Direct Plan · Growth Option
|
+10.54% | +18.85% | +14.53% | +17.34% |
|
Nippon India Fixed Maturity Plan - XLV - Series 5
Direct Plan · Growth Option
|
+7.36% | +8.43% | — | +8.54% |
About This Scheme
Investment Objective
The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
Stated Asset Allocation
Debt and money market instruments; Maximum 100%, Minimum 0%.
Exit Load
Nil
Fund Managers
FM 1 Vivek Sharma, FM 2 Sushil Budhia
FM 1 Comanage, FM 2 Comanage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Nippon Life India Asset Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.