GMP IPO Watch
Income/Debt Oriented Schemes - Ultra Short to Short Term Fund
Nippon India Ultra Short to Short Term Fund
Regular Plan · RETAIL Plan - QUARTERLY IDCW Option · Nippon India Mutual Fund
Risk: Low to Moderate Risk
52W Low ₹1013.72 18 Sept 2026
52W High ₹1037.14 18 Jun 2026
₹1018.5301
NAV as of 4 Nov 2026
+0.05% day change
Other Plans of This Fund
Direct Plan · Bonus Option
Direct Plan · DAILY IDCW Option
Direct Plan · Growth Option
Direct Plan · IDCW Option
Direct Plan · MONTHLY IDCW Option
Direct Plan · QUARTERLY IDCW Option
Direct Plan · WEEKLY IDCW Option
Regular Plan · Bonus Option
Regular Plan · DAILY IDCW Option
Regular Plan · Growth Option
Regular Plan · IDCW Option
Regular Plan · MONTHLY IDCW Option
Regular Plan · QUARTERLY IDCW Option
Regular Plan · RETAIL Plan - DAILY IDCW Option
Regular Plan · RETAIL Plan - MONTHLY IDCW Option
Regular Plan · RETAIL Plan - WEEKLY IDCW Option
Regular Plan · Retail Plan - Bonus Option
Regular Plan · Retail Plan - Growth Option
Regular Plan · WEEKLY IDCW Option
ISININF204K01ET0
Scheme Code111752
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹0.31 Cr
Expense Ratio (as of 29 Oct 2026)0.99%
Min. InvestmentDaily IDCW:10000, Weekly IDCW:5000, other plan:500
Inception Date15 Mar 2007
BenchmarkCRISIL Low Duration Debt A-I Index · NA
Portfolio Turnover163.86%
NFO Period15-Mar-2007 – 20-Mar-2007
Returns
1Y
-0.93%
3Y
+0.01%
5Y
+0.08%
7Y
-0.21%
10Y
-0.17%
Since Inception
-0.09%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.22% | +0.18% | 3 of 25 |
| 1M | +0.33% | +0.21% | 3 of 25 |
| 3M | -0.65% | +0.76% | 4 of 25 |
| 6M | -0.91% | +2.06% | 3 of 25 |
| YTD | -0.25% | +3.34% | 3 of 25 |
| 1Y | -0.93% | +3.93% | 4 of 23 |
| 2Y | -0.19% | +4.60% | 5 of 20 |
| 3Y | +0.01% | +4.82% | 6 of 20 |
| 5Y | +0.08% | +4.05% | 7 of 17 |
| 7Y | -0.21% | +4.18% | 5 of 17 |
| 10Y | -0.17% | +4.16% | 8 of 15 |
| INCEPTION | -0.09% | — | — |
Ranked among: Income/Debt Oriented Schemes - Ultra Short to Short Term Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -0.01% | +2.21% | -2.26% | 49% | 19% |
| 6M | -0.01% | +2.28% | -2.14% | 51% | 20% |
| 1Y | -0.02% | +2.22% | -2.44% | 52% | 21% |
| 2Y | -0.02% | +1.28% | -1.39% | 61% | 24% |
| 3Y | -0.04% | +0.84% | -1.12% | 53% | 21% |
| 5Y | -0.08% | +0.46% | -0.54% | 42% | 17% |
| 7Y | -0.10% | +0.28% | -0.49% | 29% | 12% |
| 10Y | -0.10% | +0.12% | -0.33% | 13% | 5% |
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%
- Debt93.14%
- Cash6.79%
- Other0.07%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings86
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| HDFC Bank Limited | Money Market | 5.82% | +0.64% |
| Triparty Repo | Reverse Repo / TREPS | 5.15% | — |
| 7.55% Poonawalla Fincorp Limited** | Debt | 2.81% | +0.29% |
| RKST-7.66%-28-9-28-PTC | Debt | 2.69% | +0.24% |
| 6.6% REC Limited | Debt | 2.59% | -0.04% |
| 6.73% Power Finance Corporation Limited** | Debt | 2.45% | +0.26% |
| 8% Tata Capital Housing Finance Limited** | Debt | 2.11% | +0.22% |
| 7.9% Truhome Finance Limited** | Debt | 2.09% | +0.23% |
| 7.48% National Bank For Agriculture and Rural Development | Debt | 2.03% | +0.21% |
| LGS18-8.83%-20-5-28-PTC | Debt | 1.90% | +0.17% |
| 7.75% Bharti Telecom Limited** | Debt | 1.89% | +0.20% |
| 9.31% Vedanta Limited** | Debt | 1.78% | +0.19% |
| 7.87% IndiGrid Infrastructure Trust** | Debt | 1.77% | +0.19% |
| 7.55% REC Limited** | Debt | 1.76% | +0.18% |
| 7.31% ICICI Home Finance Company Limited** | Debt | 1.76% | +0.19% |
View all 90 holdings
| SDL HR 7.24% 2029 | Debt | 1.48% | +0.15% |
| 360 One Prime Limited** | Debt | 1.42% | +0.16% |
| 8.81% GMR Hyderabad International Airport Limited** | Debt | 1.42% | — |
| CIFCL MARKET LKD 2029 | Debt | 1.41% | +0.15% |
| Muthoot Finance Limited** | Debt | 1.41% | +0.16% |
| 7.7% National Bank For Agriculture and Rural Development | Debt | 1.41% | +0.15% |
| 7.64% REC Limited** | Debt | 1.41% | +0.15% |
| 7.44% Small Industries Dev Bank of India | Debt | 1.40% | +0.14% |
| 7.12% Tata Capital Housing Finance Limited** | Debt | 1.40% | -0.17% |
| 7.22% Small Industries Dev Bank of India | Debt | 1.39% | +0.14% |
| 7.06% Brookfield India Real Estate Trust** | Debt | 1.39% | +0.15% |
| 8.08% Mancherial Repallewada Road Private Limited** | Debt | 1.38% | +0.11% |
| National Bank For Agriculture and Rural Development** | Money Market | 1.38% | +0.15% |
| Small Industries Dev Bank of India** | Money Market | 1.37% | +0.15% |
| Small Industries Dev Bank of India** | Money Market | 1.37% | +0.15% |
| Jubilant Beverages Limited** | Debt | 1.34% | +0.15% |
| SST-7.73%-28-9-29-PTC | Debt | 1.34% | +0.12% |
| Small Industries Dev Bank of India | Money Market | 1.34% | +0.15% |
| V019T-8.90%-20-11-35-PTC | Debt | 1.24% | +0.08% |
| Net Current Assets | Net Current Assets | 1.18% | — |
| 8.07% State Government Securities | Debt | 1.14% | +0.11% |
| 8.01% REC Limited** | Debt | 1.13% | +0.11% |
| 7.54% Knowledge Realty Trust** | Debt | 1.12% | +0.12% |
| 8.43% State Government Securities | Debt | 1.08% | +0.11% |
| 9.45% Vedanta Limited** | Debt | 1.07% | +0.11% |
| Muthoot Finance Limited** | Debt | 1.06% | +0.12% |
| 8.35% SMFG India Home Finance Company Limited** | Debt | 1.06% | +0.11% |
| 7.62% National Bank For Agriculture and Rural Development** | Debt | 1.05% | +0.11% |
| 6.37% REC Limited** | Debt | 1.05% | +0.11% |
| 6.61% Power Finance Corporation Limited** | Debt | 1.04% | +0.11% |
| National Bank For Agriculture and Rural Development** | Money Market | 1.03% | +0.11% |
| VJ016T-9.25%-20-6-34-PTC | Debt | 1.01% | +0.05% |
| SDL KA 6.9% 2027 | Debt | 1.00% | +0.10% |
| 8.12% Aditya Birla Capital Limited** | Debt | 0.99% | -0.02% |
| IUTAL2-8.09%-21-11-27-PTC | Debt | 0.81% | -0.01% |
| PFC-8.94%-25-3-28-PVT | Debt | 0.79% | +0.08% |
| SDL HR 7.39% 2029 | Debt | 0.71% | +0.07% |
| 8.28% Mancherial Repallewada Road Private Limited** | Debt | 0.71% | +0.01% |
| 7.59% REC Limited | Debt | 0.70% | +0.07% |
| HDFC Bank Limited** | Money Market | 0.70% | -0.54% |
| Axis Bank Limited** | Money Market | 0.70% | +0.08% |
| Canara Bank | Money Market | 0.69% | +0.07% |
| Axis Bank Limited** | Money Market | 0.69% | +0.08% |
| Small Industries Dev Bank of India** | Money Market | 0.69% | +0.08% |
| Canara Bank** | Money Market | 0.69% | +0.08% |
| Bank of Baroda** | Money Market | 0.69% | +0.08% |
| Axis Bank Limited** | Money Market | 0.69% | +0.08% |
| HDFC Bank Limited** | Money Market | 0.69% | +0.08% |
| Punjab National Bank | Money Market | 0.68% | +0.07% |
| HDFC Bank Limited** | Money Market | 0.68% | +0.07% |
| Small Industries Dev Bank of India | Money Market | 0.66% | +0.07% |
| 8.62% State Government Securities | Debt | 0.58% | +0.06% |
| 8.11% State Government Securities | Debt | 0.57% | +0.06% |
| PFCL-7.85%-3-4-28-PVT | Debt | 0.57% | +0.06% |
| 7.27% State Government Securities | Debt | 0.49% | +0.05% |
| 9% Piramal Finance Limited | Debt | 0.49% | -0.97% |
| 8% Tata Capital Limited** | Debt | 0.49% | +0.05% |
| NAOMI-8.9%-25-10-29-PTC | Debt | 0.47% | -0.03% |
| Corporate Debt Market Development Fund Class A2 | Reverse Repo / TREPS | 0.42% | +0.04% |
| 6.96% Power Finance Corporation Limited** | Debt | 0.36% | -0.59% |
| 9.4% Vedanta Aluminium Metal Limited | Debt | 0.35% | — |
| 8.52% Muthoot Finance Limited | Debt | 0.35% | +0.04% |
| Small Industries Dev Bank of India** | Money Market | 0.35% | -0.27% |
| 364TB31126 | Money Market | 0.35% | — |
| 8.67% State Government Securities | Debt | 0.32% | +0.03% |
| 7.92% Aditya Birla Capital Limited** | Debt | 0.28% | +0.03% |
| 8.9% Muthoot Finance Limited** | Debt | 0.21% | +0.02% |
| 7.07% State Government Securities | Debt | 0.07% | +0.01% |
| 7.44% REC Limited** | Debt | 0.07% | +0.01% |
| 7.44% National Bank For Agriculture and Rural Development | Debt | 0.07% | -1.25% |
| 7.11% Aditya Birla Housing Finance Limited** | Debt | 0.07% | +0.01% |
| 7.67% State Government Securities | Debt | 0.04% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.04% | — |
| 7.96% HDB Financial Services Limited** | Debt | 0.03% | -0.62% |
| 8.33% Aditya Birla Capital Limited** | Debt | 0.01% | +0.00% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 3.50 | 0.67 | High Volatility |
| 3Y | 3.38 | 0.57 | High Volatility |
| 5Y | 3.12 | 0.54 | High 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 | -2.76 | -10.97 | Above Average |
| 3Y | -2.16 | -8.73 | Above Average |
| 5Y | -2.25 | -12.31 | 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 | -0.26 | 13.71 | Below Average |
| 3Y | 0.02 | 26.37 | Below Average |
| 5Y | 0.04 | 18.37 | 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 | 1.19 | 1.33 | Good Risk Adjusted Returns |
| 3Y | 1.16 | 1.35 | Good Risk Adjusted Returns |
| 5Y | 1.14 | 1.21 | 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 |
|---|---|---|---|---|
|
Franklin India Ultra Short to Short Term Fund
Direct Plan · Growth
|
+6.10% | — | — | +7.17% |
|
Mahindra Manulife Ultra Short to Short Term Fund
Direct Plan · Growth
|
+5.98% | +7.32% | +6.69% | +6.84% |
|
Edelweiss Ultra Short to Short Term Fund
Direct Plan · Growth
|
+5.92% | — | — | +6.68% |
|
UTI Ultra Short to Short Term Fund
Regular Plan · Discontinued Annual IDCW
|
+5.67% | +6.88% | +6.13% | +6.01% |
|
Canara Robeco Ultra Short to Short Term Fund
Regular Plan · GROWTH OPTION
|
+5.63% | +6.82% | +6.18% | +7.30% |
|
Axis Ultra Short to Short Term Fund
Regular Plan · Growth Option
|
+5.63% | +6.99% | +6.36% | +7.33% |
|
HSBC Ultra Short to Short Term Fund
Regular Plan · Growth
|
+5.53% | +7.24% | — | +7.20% |
|
BANDHAN ULTRA SHORT TO SHORT TERM FUND
Regular Plan · Growth
|
+5.45% | +6.73% | +6.12% | +7.21% |
|
BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND
Defunct Plan · Growth Option
|
+5.24% | +6.45% | — | +6.09% |
|
SBI Ultra Short to Short Term Fund
Regular Plan · Growth
|
+5.18% | +6.58% | +5.99% | +7.11% |
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 securities and money market securities.
Stated Asset Allocation
Debt Instruments and Money Market Instruments (including Tri-party Repo on government securities or T-bills/ Repo (including corporate bond Repo)); Maximum 100%, Minimum 0%.
Exit Load
Nil
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.