GMP IPO Watch
Debt Scheme - Ultra Short Duration Fund
Nippon India Ultra Short Term Fund
Direct Plan · DAILY IDCW OPTION · Nippon India Mutual Fund
Risk: Moderately High Risk
★★★★★
Morningstar
52W Low ₹1113.18 8 Jul 2026
52W High ₹1114.36 31 Mar 2026
₹1114.1500
NAV as of 4 Nov 2026
+0.00% day change
Other Plans of This Fund
Direct Plan · DAILY IDCW Option
Direct Plan · Growth Option
Direct Plan · Growth Option
Direct Plan · MONTHLY IDCW Option
Direct Plan · MONTHLY IDCW Option
Direct Plan · QUARTERLY IDCW Option
Direct Plan · QUARTERLY IDCW Option
Direct Plan · WEEKLY IDCW OPTION
Direct Plan · WEEKLY IDCW Option
Regular Plan · DAILY IDCW OPTION
Regular Plan · DAILY IDCW Option
Regular Plan · Growth Option
Regular Plan · Growth Option
Regular Plan · MONTHLY IDCW Option
Regular Plan · MONTHLY IDCW Option
Regular Plan · QUARTERLY IDCW Option
Regular Plan · QUARTERLY IDCW Option
Regular Plan · WEEKLY IDCW OPTION
Regular Plan · WEEKLY IDCW Option
ISININF204K01YF7
Scheme Code143500
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹1.1 Cr
Expense Ratio (as of 29 Oct 2026)0.33%
Min. InvestmentDaily IDCW: 10,000, Weekly IDCW: 5,000, Other: 100
Inception Date1 Dec 2001
BenchmarkCRISIL Ultra Short Duration Debt A-I Index · NA
Portfolio Turnover218.10%
NFO Period04-Dec-2001 – 04-Dec-2001
Returns
1Y
+0.00%
3Y
+0.00%
5Y
+0.00%
7Y
+0.51%
Since Inception
+0.00%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.00% | +0.13% | 6 of 27 |
| 1M | +0.00% | +0.27% | 7 of 27 |
| 3M | +0.00% | +0.94% | 10 of 26 |
| 6M | +0.00% | +2.24% | 10 of 26 |
| YTD | +0.00% | +3.56% | 9 of 27 |
| 1Y | +0.00% | +4.24% | 9 of 26 |
| 2Y | +0.00% | +4.73% | 10 of 25 |
| 3Y | +0.00% | +4.79% | 9 of 24 |
| 5Y | +0.00% | +4.44% | 8 of 23 |
| 7Y | +0.51% | +3.92% | 1 of 19 |
| INCEPTION | +0.00% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.00% | +2.97% | -4.54% | 17% | 7% |
| 6M | +0.00% | +3.44% | -5.24% | 17% | 6% |
| 1Y | +0.02% | +5.53% | -5.16% | 19% | 8% |
| 2Y | +0.13% | +2.28% | -0.85% | 23% | 9% |
| 3Y | +0.12% | +1.80% | -0.03% | 26% | 11% |
| 5Y | +0.11% | +1.08% | -0.02% | 39% | 15% |
| 7Y | +0.08% | +0.77% | -0.01% | 30% | 12% |
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%
- Debt97.44%
- Cash2.54%
- Other0.02%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings116
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 8.5% Nirma Limited** | Debt | 3.00% | +0.21% |
| 9.4% Vedanta Aluminium Metal Limited | Debt | 2.78% | +0.20% |
| National Bank For Agriculture and Rural Development | Money Market | 2.73% | +1.18% |
| Punjab National Bank** | Money Market | 2.54% | +0.20% |
| HDFC Bank Limited** | Money Market | 2.52% | +0.19% |
| 364T101226 | Money Market | 2.44% | — |
| 9.31% Vedanta Limited** | Debt | 2.23% | +0.16% |
| Small Industries Dev Bank of India | Money Market | 2.18% | +0.17% |
| 8.6% Aditya Birla Renewables Limited** | Debt | 2.16% | +0.15% |
| 182T171226 | Money Market | 2.14% | +1.74% |
| Small Industries Dev Bank of India | Money Market | 2.03% | +0.15% |
| HDFC Bank Limited** | Money Market | 1.89% | +0.15% |
| 7.35% Embassy Office Parks REIT** | Debt | 1.73% | +0.13% |
| Axis Bank Limited** | Money Market | 1.71% | +0.13% |
| 364TB40227 | Money Market | 1.70% | +0.13% |
View all 120 holdings
| Canara Bank** | Money Market | 1.69% | +0.71% |
| National Bank For Agriculture and Rural Development** | Money Market | 1.69% | +0.13% |
| Axis Bank Limited** | Money Market | 1.69% | +0.13% |
| 7.59% REC Limited | Debt | 1.64% | +0.11% |
| Triparty Repo | Reverse Repo / TREPS | 1.53% | — |
| 8% Tata Capital Housing Finance Limited** | Debt | 1.51% | +0.10% |
| Small Industries Dev Bank of India** | Money Market | 1.48% | +0.11% |
| REC-7.52%-7-11-26-PVT | Debt | 1.30% | +0.09% |
| 8.95% Nuvama Wealth And Investment Ltd** | Debt | 1.30% | +0.10% |
| LQS24-8.88%-20-11-28-PTC | Debt | 1.29% | +0.08% |
| Axis Bank Limited | Money Market | 1.28% | +0.10% |
| Small Industries Dev Bank of India** | Money Market | 1.27% | +0.09% |
| Small Industries Dev Bank of India** | Money Market | 1.26% | +0.09% |
| 7.7% National Bank For Agriculture and Rural Development | Debt | 1.21% | +0.08% |
| 8.95% 360 One Prime Limited** | Debt | 1.21% | +0.08% |
| 8% Adani Power Limited** | Debt | 1.21% | +0.01% |
| 9.4% IndoStar Capital Finance Limited** | Debt | 1.08% | +0.07% |
| 6.7% Aditya Birla Housing Finance Limited** | Debt | 1.08% | +0.08% |
| 9.5% DMI Finance Private Limited** | Debt | 1.06% | — |
| 9.3% Piramal Finance Limited** | Debt | 1.04% | +0.07% |
| 7.83% National Bank For Agriculture and Rural Development** | Debt | 1.00% | +0.07% |
| 8.75% Aptus Value Housing Finance India Limited** | Debt | 0.97% | +0.07% |
| Axis Bank Limited** | Money Market | 0.93% | +0.07% |
| 360 One Prime Limited** | Debt | 0.87% | +0.07% |
| 9% Nuvama Wealth Finance Limited** | Debt | 0.87% | +0.07% |
| 6.68% L&T Metro Rail (Hyderabad) Limited** | Debt | 0.86% | +0.06% |
| Axis Bank Limited** | Money Market | 0.86% | +0.07% |
| Muthoot Fincorp Ltd** | Money Market | 0.86% | +0.07% |
| 364T171226 | Money Market | 0.86% | +0.07% |
| Bank of Baroda | Money Market | 0.85% | +0.07% |
| Canara Bank | Money Market | 0.85% | +0.46% |
| National Bank For Agriculture and Rural Development** | Money Market | 0.84% | +0.06% |
| HDFC Bank Limited | Money Market | 0.84% | +0.06% |
| 9.15% Piramal Finance Limited** | Debt | 0.83% | -0.38% |
| 9% Incred Financial Services Limited** | Debt | 0.82% | +0.06% |
| Small Industries Dev Bank of India** | Money Market | 0.81% | +0.06% |
| 9.15% Andhra Pradesh State Beverages Corporation Limited** | Debt | 0.79% | +0.06% |
| GRANGER-9.75%-20-4-29-PTC | Debt | 0.79% | +0.06% |
| Net Current Assets | Net Current Assets | 0.73% | — |
| 9.5% Nuvama Wealth And Investment Ltd** | Debt | 0.70% | +0.05% |
| 8.19% Summit Digitel Infrastructure Limited** | Debt | 0.65% | +0.05% |
| 7.64% REC Limited** | Debt | 0.65% | +0.05% |
| 9.25% SK Finance Limited** | Debt | 0.65% | +0.01% |
| 8.9% Incred Financial Services Limited** | Debt | 0.64% | +0.04% |
| HDFC Bank Limited** | Money Market | 0.63% | +0.04% |
| 7.7% Adani Transmission Step-Two Limited** | Debt | 0.62% | +0.04% |
| 7.7% Adani Transmission Step-Two Limited** | Debt | 0.60% | +0.04% |
| 9.25% SK Finance Limited** | Debt | 0.55% | +0.04% |
| 7.48% National Bank For Agriculture and Rural Development | Debt | 0.47% | +0.03% |
| 7.29% State Government Securities | Debt | 0.45% | +0.03% |
| 9.1% Piramal Finance Limited** | Debt | 0.43% | — |
| 8.1% Aditya Birla Housing Finance Limited** | Debt | 0.43% | +0.03% |
| 8.2% Aditya Birla Housing Finance Limited** | Debt | 0.43% | +0.03% |
| 8.4% Godrej Industries Limited** | Debt | 0.43% | +0.03% |
| 8.35% SMFG India Home Finance Company Limited** | Debt | 0.43% | +0.03% |
| 9.25% Vastu Finserve India Private Limited** | Debt | 0.43% | +0.03% |
| 8.42% Godrej Industries Limited** | Debt | 0.43% | — |
| 8.42% Aavas Financiers Limited** | Debt | 0.43% | +0.03% |
| 8.75% Angel One Limited** | Debt | 0.43% | +0.03% |
| HDFC Bank Limited** | Money Market | 0.43% | — |
| HDFC Bank Limited** | Money Market | 0.43% | — |
| Kotak Mahindra Bank Limited** | Money Market | 0.43% | — |
| Indian Bank | Money Market | 0.42% | +0.03% |
| Punjab National Bank | Money Market | 0.42% | +0.03% |
| Small Industries Dev Bank of India** | Money Market | 0.42% | +0.03% |
| Punjab National Bank** | Money Market | 0.42% | +0.03% |
| Canara Bank | Money Market | 0.42% | +0.03% |
| Canara Bank** | Money Market | 0.42% | +0.03% |
| National Bank For Agriculture and Rural Development** | Money Market | 0.42% | — |
| Muthoot Fincorp Ltd** | Money Market | 0.42% | +0.03% |
| 5% GMR Airports Limited** | Debt | 0.41% | — |
| Piramal Finance Limited** | Money Market | 0.41% | -0.35% |
| 7.42% State Government Securities | Debt | 0.35% | +0.03% |
| 9.5% Vedanta Aluminium Metal Limited** | Debt | 0.35% | +0.03% |
| 8.85% IIFL Home Finance Limited** | Debt | 0.30% | +0.02% |
| 7.62% National Bank For Agriculture and Rural Development** | Debt | 0.30% | +0.02% |
| 8.95% Vastu Finserve India Private Limited** | Debt | 0.30% | +0.02% |
| Corporate Debt Market Development Fund Class A2 | Reverse Repo / TREPS | 0.27% | +0.02% |
| 7.4% State Government Securities | Debt | 0.26% | +0.02% |
| Indian Bank | Money Market | 0.26% | +0.02% |
| SMRTST-9.11%-14-8-28-PTC | Debt | 0.23% | -0.03% |
| Muthoot Finance Limited** | Debt | 0.22% | +0.02% |
| 7.2% State Government Securities | Debt | 0.22% | +0.02% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited** | Debt | 0.22% | -0.02% |
| 9.5% Incred Financial Services Limited** | Debt | 0.22% | — |
| 9.15% Andhra Pradesh State Beverages Corporation Limited** | Debt | 0.22% | +0.02% |
| 7.96% Pipeline Infrastructure Private Limited** | Debt | 0.22% | +0.02% |
| 7.71% REC Limited** | Debt | 0.22% | +0.02% |
| 8.09% Can Fin Homes Limited** | Debt | 0.22% | +0.02% |
| 8.15% PNB Housing Finance Limited** | Debt | 0.22% | +0.02% |
| 9.25% Vastu Finserve India Private Limited** | Debt | 0.22% | +0.02% |
| 9.07% Nuvama Wealth And Investment Ltd** | Debt | 0.22% | +0.02% |
| 9.25% Bahadur Chand Investments Pvt Limited** | Debt | 0.22% | +0.02% |
| 8.07% Goldman Sachs India Finance Private Limited** | Debt | 0.22% | +0.02% |
| 8.6% Incred Financial Services Limited** | Debt | 0.21% | — |
| 7.7% Adani Transmission Step-Two Limited** | Debt | 0.21% | -0.18% |
| Bank of Baroda** | Money Market | 0.21% | +0.01% |
| Canara Bank | Money Market | 0.21% | — |
| Canara Bank | Money Market | 0.21% | +0.01% |
| Punjab National Bank** | Money Market | 0.21% | +0.01% |
| 8.75% Vastu Finserve India Private Limited** | Debt | 0.17% | +0.01% |
| 7.37% State Government Securities | Debt | 0.13% | +0.01% |
| 8.8% Truhome Finance Limited** | Debt | 0.08% | +0.01% |
| 9.45% Vedanta Limited** | Debt | 0.07% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.01% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.19 | 0.63 | Low Volatility |
| 3Y | 0.13 | 0.55 | Low Volatility |
| 5Y | 0.14 | 0.53 | 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 | -185.96 | -14.14 | Below Average |
| 3Y | -76.84 | -8.30 | Below Average |
| 5Y | -99.20 | -6.32 | Below 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 | 0.00 | 27.57 | Below Average |
| 3Y | 0.00 | 53.32 | Below Average |
| 5Y | 0.00 | 39.63 | Below 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 | 1.15 | 1.23 | Good Risk Adjusted Returns |
| 3Y | 1.04 | 1.08 | Good Risk Adjusted Returns |
| 5Y | 1.01 | 1.07 | Good 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 |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.55% | +7.35% | +6.75% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.07% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.24% | +6.95% | +6.51% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.22% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.14% | +6.60% | +6.61% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.13% | +6.88% | +6.31% | +6.22% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.88% | +6.31% | +7.12% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.01% | +6.81% | +6.13% | +6.99% |
|
Kotak Ultra Short Term Fund
Regular Plan · Growth
|
+5.80% | +6.65% | +6.15% | +7.28% |
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 investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Debt Instruments and Money Market Instruments (including Tri-party Repo on government securities or T-bills,/ Repo (including corporate bond Repo)); Minimum 0%, Maximum 100%.
Exit Load
Nil Not applicable for Segregated Portfolio
Fund Managers
Vivek Sharma
Primary
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.