Nippon India Ultra Short Term Fund

Direct Plan · Growth Option · Ultra Short Duration · Scheme code 143494

NAV₹4,848.7596as on 27 Oct 2026

Fund houseNippon India Mutual Fund

CategoryUltra Short Duration

Plan & optionDirect · Growth Option

History8.3 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.56	2.06	3.60	6.93	7.58	6.95	6.49	—	6.60
Ultra Short Duration category median	—	—	—	6.01	7.17	6.54	—	6.69	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	0.4%	2.64	7.09	—	—	-5.2%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
1,764	-0.2%	7.2%	10.4%	0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

Nippon India Ultra Short Term Fund

Direct Plan · Growth Option

Allocation

By asset

Debt	95.71%
Cash & Equivalents	2.29%
REITs / InvITs	1.73%
AIF Units	0.27%

By market cap

Unclassified	186.71%

Concentration

Number of stocks	117
Top 5 stocks	13.57%
Top 10 stocks	24.72%
Top 20 stocks	42.00%
Lines in the filing	139

Largest holding	3.00%
Largest sector	CRISIL A1+ 30.95%
Effective stocks	73.5
Sectors held	23
Cash	2.29%

Effective stocks is what the concentration works out to: a fund holding 117 names but most of its money in a few behaves like a fund of 74. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL A1+	30.95%
CRISIL AAA	9.47%
CARE A1+	8.01%
Unclassified	7.41%
CRISIL AA	6.67%
CARE AA	4.96%
CRISIL AA+	4.81%
ICRA AAA	4.24%
ICRA AA+	3.35%
ICRA AA	3.14%
ICRA AA-	2.49%
CARE AA+	2.30%
Cash & Equivalents	2.29%
CRISIL AA-	2.09%
CRISIL AAA(SO)	1.52%
SOVEREIGN	1.41%
FITCH AA(CE)	1.23%
CARE AA-	1.08%
CRISIL AAA(CE)	0.86%
CARE AA(SO)	0.79%

Nippon India Ultra Short Term Fund

Direct Plan · Growth Option · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	8.5% Nirma Limited	CRISIL AA	34,600	347	3.00%
2	9.4% Vedanta Aluminium Metal Limited	ICRA AA+	32,000	321	2.78%
3	National Bank For Agriculture and Rural Development	CRISIL A1+	6,500	315	2.73%
4	Punjab National Bank	CRISIL A1+	6,000	293	2.54%
5	HDFC Bank Limited	CARE A1+	6,000	291	2.52%
6	364 Days Tbill	Unclassified	28,500,000	282	2.44%
7	9.31% Vedanta Limited	CRISIL AA+	25,500	257	2.23%
8	Small Industries Dev Bank of India	CRISIL A1+	5,300	252	2.18%
9	8.6% Aditya Birla Renewables Limited	CRISIL AA	25,000	250	2.16%
10	182 Days Tbill	Unclassified	25,000,000	247	2.14%
11	Small Industries Dev Bank of India	CRISIL A1+	5,000	235	2.03%
12	HDFC Bank Limited	CARE A1+	4,400	218	1.89%
13	7.35% Embassy Office Parks REIT	CRISIL AAA	2,000	200	1.73%
14	Axis Bank Limited	CRISIL A1+	4,000	198	1.71%
15	364 Days Tbill	Unclassified	20,000,000	196	1.70%
16	National Bank For Agriculture and Rural Development	CRISIL A1+	4,000	195	1.69%
17	Canara Bank	CRISIL A1+	4,000	196	1.69%
18	Axis Bank Limited	CRISIL A1+	4,000	195	1.69%
19	7.59% REC Limited	CRISIL AAA	19,000	190	1.64%
20	Triparty Repo	Unclassified	—	177	1.53%
21	8% Tata Capital Housing Finance Limited	CRISIL AAA	1,750	175	1.51%
22	Small Industries Dev Bank of India	CRISIL A1+	3,500	171	1.48%
23	8.95% Nuvama Wealth And Investment Ltd	CARE AA	15,000	150	1.30%
24	7.52% REC Limited	CRISIL AAA	1,500	150	1.30%
25	Liquid Gold Series	CRISIL AAA(SO)	307	149	1.29%
26	Axis Bank Limited	CRISIL A1+	3,000	148	1.28%
27	Small Industries Dev Bank of India	CRISIL A1+	3,000	147	1.27%
28	Small Industries Dev Bank of India	CRISIL A1+	3,000	146	1.26%
29	8% Adani Power Limited	CRISIL AA	14,000	139	1.21%
30	8.95% 360 One Prime Limited	ICRA AA	14,000	140	1.21%

Nippon India Ultra Short Term Fund

Direct Plan · Growth Option · where the money sits

What the manager did last month

Between the filings of 15 Jul 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹320 cr	₹10 cr	8	4	+0.01%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
7.29% State Government Securities	5,200,000	entered	—	52.3
9.5% Vedanta Aluminium Metal Limited	4,000	entered	—	40.4
7.42% State Government Securities	4,000,000	entered	—	40.2
7.4% State Government Securities	3,000,000	entered	—	30.1
7.2% State Government Securities	2,500,000	entered	—	25.2
8.07% Goldman Sachs India Finance Private Limited	2,500	entered	—	25.0
Muthoot Finance Limited	2,500	entered	—	25.0
7.37% State Government Securities	1,500,000	entered	—	15.1
Added to
8.6% Aditya Birla Renewables Limited	10,000	+66.7%	+0.1%	100
Bank of Baroda	1,900	+1,900.0%	+0.3%	94.2
7.7% National Bank For Agriculture and Rural Development	9,000	+180.0%	+0.0%	90.2
7.83% National Bank For Agriculture and Rural Development	2,500	+27.8%	+0.1%	25.0
Axis Bank Limited	200	+10.0%	+0.4%	9.7
Trimmed
9.25% SK Finance Limited	1,000	-10.5%	0.0%	10.0
Sold out of
91 Days Tbill	27,500,000	exited	—	274
Muthoot Fincorp Ltd	2,000	exited	—	98.6
182 Days Tbill	2,500,000	exited	—	25.0
8.85% Muthoot Finance Limited	500	exited	—	5.0

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹722,785	₹122,785	7.39%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 29 Oct 2026.