Previously Known As : Nippon India Short Term Fund
Nippon India Short Duration Fund Datagrid
Category Short Duration Fund
BMSMONEY Rank 4
Rating
Growth Option 27-04-2026
NAV ₹55.02(R) +0.08% ₹60.06(D) +0.08%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.27% 7.09% 6.03% 6.78% 6.8%
Direct 5.87% 7.7% 6.74% 7.54% 7.53%
Benchmark
SIP (XIRR) Regular 4.44% 6.84% 6.62% 6.06% 6.42%
Direct 5.03% 7.45% 7.27% 6.75% 7.14%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.07 0.51 0.69 0.01% -0.57
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.23% 0.0% -0.43% 0.82 0.91%
Fund AUM As on: 30/12/2025 9494 Cr
Top Short Duration Fund
Fund Name Rank Rating
Icici Prudential Short Term Fund 1
Hdfc Short Term Debt Fund 2
Axis Short Duration Fund 3
Nippon India Short Duration Fund 4
Aditya Birla Sun Life Short Term Fund 5

NAV Date: 27-04-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA SHORT TERM FUND - MONTHLY IDCW Option 11.54
0.0100
0.0800%
NIPPON INDIA SHORT TERM FUND - Direct Plan - MONTHLY IDCW Option 11.77
0.0100
0.0800%
NIPPON INDIA SHORT TERM FUND - QUARTERLY IDCW OPTION 14.91
0.0100
0.0800%
NIPPON INDIA SHORT TERM FUND - Direct Plan - QUARTERLY IDCW OPTION 15.27
0.0100
0.0800%
NIPPON INDIA SHORT TERM FUND - IDCW Option 22.38
0.0200
0.0800%
NIPPON INDIA SHORT TERM FUND - Direct Plan - IDCW Option 24.41
0.0200
0.0800%
Nippon India Short Term Fund-Growth Plan 55.02
0.0400
0.0800%
Nippon India Short Term Fund - Direct Plan Growth Plan - Growth Option 60.06
0.0500
0.0800%

Review Date: 27-04-2026

Beginning of Analysis

In the Short Duration Fund category, Nippon India Short Duration Fund is the 6th ranked fund. The category has total 21 funds. The 4 star rating shows a very good past performance of the Nippon India Short Duration Fund in Short Duration Fund. The fund has a Jensen Alpha of 0.01% which is higher than the category average of -0.17%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.07 which is higher than the category average of 0.86.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with lower interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 1 to 3 years, making them less sensitive to interest rate changes compared to long-duration funds. While they offer moderate returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Nippon India Short Duration Fund Return Analysis

  • The fund has given a return of 0.75%, 1.32 and 2.11 in last one, three and six months respectively. In the same period the category average return was 0.78%, 1.29% and 2.1% respectively.
  • Nippon India Short Duration Fund has given a return of 5.87% in last one year. In the same period the Short Duration Fund category average return was 5.59%.
  • The fund has given a return of 7.7% in last three years and ranked 3.0rd out of twenty one funds in the category. In the same period the Short Duration Fund category average return was 7.46%.
  • The fund has given a return of 6.74% in last five years and ranked 5th out of nineteen funds in the category. In the same period the Short Duration Fund category average return was 6.71%.
  • The fund has given a return of 7.53% in last ten years and ranked 5th out of sixteen funds in the category. In the same period the category average return was 7.21%.
  • The fund has given a SIP return of 5.03% in last one year whereas category average SIP return is 4.89%. The fund one year return rank in the category is 8th in 22 funds
  • The fund has SIP return of 7.45% in last three years and ranks 3rd in 21 funds. Icici Prudential Short Term Fund has given the highest SIP return (7.67%) in the category in last three years.
  • The fund has SIP return of 7.27% in last five years whereas category average SIP return is 7.18%.

Nippon India Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 1.23 and semi deviation of 0.91. The category average standard deviation is 1.15 and semi deviation is 0.82.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.43. The category average VaR is -0.04 and the maximum drawdown is -0.33. The fund has a beta of 0.75 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Short Duration Fund Category
  • Good Performance in Short Duration Fund Category
  • Poor Performance in Short Duration Fund Category
  • Very Poor Performance in Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.71
    0.73
    		0.43 | 0.86 16 | 22 Average
    3M Return % 1.19
    1.14
    		0.74 | 1.43 9 | 22 Good
    6M Return % 1.82
    1.79
    		1.30 | 2.33 9 | 22 Good
    1Y Return % 5.27
    4.95
    		4.26 | 5.76 5 | 22 Very Good
    3Y Return % 7.09
    6.77
    		6.15 | 7.31 4 | 21 Very Good
    5Y Return % 6.03
    5.98
    		4.93 | 10.06 7 | 19 Good
    7Y Return % 6.78
    6.26
    		4.67 | 7.21 5 | 18 Very Good
    10Y Return % 6.80
    6.50
    		5.39 | 7.26 5 | 16 Good
    15Y Return % 7.56
    7.33
    		6.30 | 8.11 4 | 14 Very Good
    1Y SIP Return % 4.44
    4.25
    		3.33 | 5.16 7 | 21 Good
    3Y SIP Return % 6.84
    6.52
    		6.05 | 7.03 5 | 20 Very Good
    5Y SIP Return % 6.62
    6.35
    		5.73 | 6.96 6 | 18 Good
    7Y SIP Return % 6.06
    5.76
    		4.87 | 6.43 6 | 17 Good
    10Y SIP Return % 6.42
    6.16
    		5.08 | 6.82 5 | 15 Good
    15Y SIP Return % 6.99
    6.82
    		6.13 | 7.39 5 | 14 Good
    Standard Deviation 1.23
    1.15
    		0.95 | 1.48 19 | 21 Poor
    Semi Deviation 0.91
    0.82
    		0.70 | 0.96 20 | 21 Poor
    Max Drawdown % -0.43
    -0.33
    		-0.62 | -0.15 18 | 21 Average
    VaR 1 Y % 0.00
    -0.04
    		-0.22 | 0.00 13 | 21 Average
    Average Drawdown % -0.25
    -0.23
    		-0.41 | -0.10 14 | 21 Average
    Sharpe Ratio 1.07
    0.86
    		0.26 | 1.52 4 | 21 Very Good
    Sterling Ratio 0.69
    0.66
    		0.60 | 0.72 5 | 21 Very Good
    Sortino Ratio 0.51
    0.42
    		0.13 | 0.78 4 | 21 Very Good
    Jensen Alpha % 0.01
    -0.17
    		-0.82 | 0.49 6 | 21 Very Good
    Treynor Ratio -0.57
    -0.65
    		-0.79 | -0.55 3 | 21 Very Good
    Modigliani Square Measure % 7.03
    6.79
    		6.10 | 7.59 4 | 21 Very Good
    Alpha % -0.46
    -0.83
    		-1.52 | -0.29 3 | 21 Very Good
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.75 0.78 0.50 | 0.91 16 | 22 Average
    3M Return % 1.32 1.29 0.96 | 1.55 9 | 22 Good
    6M Return % 2.11 2.10 1.70 | 2.64 10 | 22 Good
    1Y Return % 5.87 5.59 5.13 | 6.40 4 | 22 Very Good
    3Y Return % 7.70 7.46 7.06 | 7.95 3 | 21 Very Good
    5Y Return % 6.74 6.71 5.93 | 10.57 5 | 19 Very Good
    7Y Return % 7.54 6.99 5.18 | 7.95 4 | 18 Very Good
    10Y Return % 7.53 7.21 5.99 | 8.04 5 | 16 Good
    1Y SIP Return % 5.03 4.89 4.23 | 5.80 8 | 22 Good
    3Y SIP Return % 7.45 7.21 6.84 | 7.67 3 | 21 Very Good
    5Y SIP Return % 7.27 7.18 6.61 | 9.32 5 | 19 Very Good
    7Y SIP Return % 6.75 6.58 5.96 | 8.57 6 | 18 Good
    10Y SIP Return % 7.14 6.86 6.23 | 7.55 4 | 16 Very Good
    Standard Deviation 1.23 1.15 0.95 | 1.48 19 | 21 Poor
    Semi Deviation 0.91 0.82 0.70 | 0.96 20 | 21 Poor
    Max Drawdown % -0.43 -0.33 -0.62 | -0.15 18 | 21 Average
    VaR 1 Y % 0.00 -0.04 -0.22 | 0.00 13 | 21 Average
    Average Drawdown % -0.25 -0.23 -0.41 | -0.10 14 | 21 Average
    Sharpe Ratio 1.07 0.86 0.26 | 1.52 4 | 21 Very Good
    Sterling Ratio 0.69 0.66 0.60 | 0.72 5 | 21 Very Good
    Sortino Ratio 0.51 0.42 0.13 | 0.78 4 | 21 Very Good
    Jensen Alpha % 0.01 -0.17 -0.82 | 0.49 6 | 21 Very Good
    Treynor Ratio -0.57 -0.65 -0.79 | -0.55 3 | 21 Very Good
    Modigliani Square Measure % 7.03 6.79 6.10 | 7.59 4 | 21 Very Good
    Alpha % -0.46 -0.83 -1.52 | -0.29 3 | 21 Very Good
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Short Duration Fund NAV Regular Growth Nippon India Short Duration Fund NAV Direct Growth
    27-04-2026 55.0226 60.0623
    24-04-2026 54.979 60.0119
    23-04-2026 55.0015 60.0355
    22-04-2026 55.0388 60.0753
    21-04-2026 55.0435 60.0795
    20-04-2026 55.0394 60.0742
    17-04-2026 55.0187 60.0487
    16-04-2026 55.0193 60.0485
    15-04-2026 55.0161 60.0441
    13-04-2026 54.9172 59.9343
    10-04-2026 54.9292 59.9453
    09-04-2026 54.8898 59.9015
    08-04-2026 54.8268 59.832
    07-04-2026 54.6258 59.612
    06-04-2026 54.6142 59.5985
    02-04-2026 54.593 59.5717
    30-03-2026 54.6564 59.6381
    27-03-2026 54.6362 59.6134

    Fund Launch Date: 09/Dec/2002
    Fund Category: Short Duration Fund
    Investment Objective: Portfolio Duration will be maintained between 1.25 - 2.25 years. Fund will have allocation to G-Secs/ SDLs/ High grade bonds primarily in the 1 - 5 years duration bucket. The fund will tactically use G-Secs/SDLs with an aim to generate alpha. Strategy is to enhance returns through asset allocation and shape of the curve.
    Fund Description: An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 to 3 years
    Fund Benchmark: Crisil Short Term Bond Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.