Nippon India Ultra Short Term Fund
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
This scheme has not published a NAV since 10 Mar 2022 — 4.5 years ago. It has most likely matured, merged or been wound up, so every figure below is a record of what it did up to that date, not a current price. Do not read it as a fund you can buy today.
Fund basics
Everything the NAV says
Computed from 357 published NAVs between 25 Sep 2019 and 12 Mar 2021 — 1.5 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Nippon India Ultra Short Term Fund Regular | 265.31 | 265.31 | 195.09 | 195.09 | — | — | — | — | 73.33 |
| Ultra Short Duration category median · 40 funds | — | — | — | 5.93 | 6.79 | 6.12 | — | 6.54 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Regular plan in Ultra Short Duration — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 10 Mar 2022.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| Nippon India Ultra Short Term Fund Regular | 221.01 | 0.30 | 2.61 | — | — | -38.82 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 221.0% | 25.6% | 0.30 | 2.61 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -38.8% | 5 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Calendar years
How it compares in its category
Against the Ultra Short Duration Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Nippon India Ultra Short Term Fund Nippon India Mutual Fund · this scheme | — | — | — | 221.0% | 0.30 | -38.8% |
| Aditya Birla Sun Life Savings Fund Aditya Birla Sun Life Mutual Fund | 7.2% | — | — | 0.6% | 1.28 | -1.2% |
| UTI Ultra Short to Short Term Fund UTI Mutual Fund | 7.2% | — | — | 2.4% | 0.28 | -12.1% |
| Mirae Asset Ultra Short-Term Fund Mirae Asset Mutual Fund | 7.2% | — | — | 0.3% | 1.98 | -0.2% |
| Baroda BNP Paribas Ultra Short Term Fund Baroda BNP Paribas Mutual Fund | 7.1% | — | — | 0.5% | 1.10 | -1.0% |
| UTI Ultra Short to Short Term Fund UTI Mutual Fund | 7.0% | — | — | 2.3% | 0.21 | -12.1% |
| ICICI Prudential Ultra Short term Fund ICICI Prudential Mutual Fund | 7.0% | — | — | 1.7% | 0.29 | -7.6% |
| BANDHAN ULTRA SHORT TERM FUND Bandhan Mutual Fund | 7.0% | — | — | 0.5% | 0.90 | -0.9% |
| SBI ULTRA SHORT TERM FUND SBI Mutual Fund | 6.9% | — | — | 0.3% | 1.30 | -1.0% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Ultra Short Duration scheme is
Portfolio duration of 3 to 6 months.
A step out from liquid funds for slightly more return and slightly more movement. Still short enough that a rate change barely registers.
Who it suits. Money needed in three to six months.
How long money should stay. 3 to 6 months.
Questions people ask
What is the NAV of Nippon India Ultra Short Term Fund — Regular Plan — Growth Option?
₹0.0000 as on 10 Mar 2022, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Nippon India Ultra Short Term Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
Portfolio duration of 3 to 6 months. A step out from liquid funds for slightly more return and slightly more movement. Still short enough that a rate change barely registers.
How long should money stay in it?
Typically 3 to 6 months. Money needed in three to six months.