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Nippon India Ultra Short Duration Fund (Number of segregated Portfolio-1)

An open ended ultra-short term debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. Moderate interest rate risk and moderate Credit Risk.

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This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Ultra Short Duration Fund (Number of segregated Portfolio-1)

Benchmark Riskometer

NIFTY Ultra Short Duration Debt Index  B-I

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  • 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.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (05 Dec 2022)3381.1418


NAV as on October 31, 2022: `3,359.7028

Performance of Nippon India Ultra Short Duration Fund as on 31/10/2022
​Particulars CAGR %
​1 Year3 Year5 YearSince Inception
Nippon India Ultra Short Duration Fund4.155.785.025.97
B:NIFTY Ultra Short Duration Debt Index  B-I4.634.986.137.51
AB:Crisil 1 Yr T-Bill Index3.404.375.505.87
Value of 10000 Invested
Nippon India Ultra Short Duration Fund10,41711,83712,77833,597
B:NIFTY Ultra Short Duration Debt Index  B-I10,46511,57113,47045,446
AB:Crisil 1 Yr T-Bill Index10,34211,37013,07332,997
Inception Date: Dec 7, 2001
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Vivek Sharma (Since Oct 2013)
The scheme returns are inclusive of the impact of segregation of portfolio. For complete details, please refer SID/KIM of the Scheme.
Segregated Portfolio 1 - The total impact on the NAV is 5.43%. Out of this, 3.98% is due to the credit event and 1.45% is due to segregation decision post the credit event (accordingly for this 1.45%, new units have been allotted and is reflected in the segregated portfolio).
Part payments received on Dec 30,2019 (6.06% of total exposure), on Oct 8, 2020 (3.64% of total exposure), on Mar 12, 2021 (55.87% of total exposure) and on Jun 8, 2021 (1.02% of total exposure). Final settlement payment from Altico Capital India Limited (ACIL) amounting INR 9.50 Cr (which is 6.04% of the total exposure in ACIL) received on March 10, 2022. Considering this, the total recovery from ACIL is 72.63% of the total exposure. The segregated portfolio of Nippon India Ultra Short Duration Fund will now cease to exist.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Vivek Sharma

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Corporate Bond Fund3.683.476.046.916.457.05
Nippon India Low Duration Fund3.614.515.155.235.886.19
Nippon India Short Term Fund2.583.545.546.106.086.71
Bottom 3
Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight2.041.81NANANANA
Nippon India Income Fund1.860.744.735.765.936.18
Nippon India Dynamic Bond Fund1.140.884.695.815.196.48

Note:

a.Mr. Vivek Sharma manages 11 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Vivek Sharma has been managing Nippon India Ultra Short Duration Fund since Oct 2013, Nippon India Income Fund since Feb 2020, Nippon India Prime Debt Fund since Feb 2020, Nippon India Short Term Fund since Feb 2020, Nippon India Low Duration Fund since Feb 2020, Nippon India Banking & PSU Debt Fund since Jun 2020, Nippon India Dynamic Bond Fund since Jun 2020, Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity since Mar 2021, Nippon India ETF Nifty SDL – 2026 Maturity since Mar 2021,Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund Since​ Mar 2022,Nippon India Nifty AAA PSU Bond Plus SDL - Sep 2026 Maturity 50:50 Index Fund Since Oct 2022.

_ ​Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized(CAGR) and returns less than 1 year are simple annualized basis. 6 months simple annualized returns ​are provided for the schemes that are in existence for more than 6 months but have not completed 1 year.IDCW (if any) are assumed to be reinvested at the prevailing NAV. In case of Nippon India ETF Liquid BeES, returns are based on gross IDCW per unit declared by the Fund. Bonus (if any) declared has been adjusted.Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan). ​​​​​​​​


Note:

##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes. For impact on NAV on account of Segregation of portfolio, please refer SID/KIM of the relevant Schemes​.





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Fund Details

  • Inception Date7 Dec 2001
  • Fund ManagerMr. Vivek Sharma
Current Investment Philosophy
    • The fund invests in debt and money market instruments with an endeavor to maintain portfolio duration between 120 - 180 days.
    • The aim is to generate higher gross yield through a portfolio investing across credit categories.
    • Carry endeavors to protect against volatility.
Minimum Investment
100.00

    and in multiples of Re.1 thereafter (For all Plans & Options, except) For Daily Dividend Options - Rs. 10000 & in multiples of Re. 1 thereafter For Weekly Dividend Options - Rs. 5000 & in multiples of Re. 1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

Nil

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Not applicable for Segregated Portfolio

Product label

This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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