Nippon India Ultra Short Duration Fund
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Growthvine rating: 3/5 — ranked #14 of 31 in category.
Fund basics
| Category | Debt: Ultra Short Duration |
|---|---|
| NAV | ₹4313.67 (as of 2026-08-21) |
| AUM | ₹11,659 Cr |
| Expense ratio | 0.89% |
| Riskometer | Moderate |
| Fund manager | Vivek Sharma |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.11% |
|---|---|
| Sharpe ratio | 2.08 |
| Standard deviation | 0.41% |
| Max drawdown | -5.27% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 89.8% of NIFTY Ultra Short Duration Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.0% | Q2 | #12 of 30 |
| 2025 | 6.8% | Q2 | #13 of 25 |
| 2024 | 7.2% | Q2 | #11 of 24 |
| 2023 | 6.7% | Q3 | #13 of 24 |
| 2022 | 4.6% | Q1 (Top) | #4 of 23 |