Nippon India Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 12
Rating
Growth Option 04-12-2025
NAV ₹4133.54(R) +0.02% ₹4572.54(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.89% 6.93% 6.59% 5.57% -%
Direct 7.67% 7.73% 7.43% 6.39% -%
Benchmark
SIP (XIRR) Regular 6.55% 6.92% 5.96% 5.99% -%
Direct 7.34% 7.72% 6.76% 6.81% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.79 11.1 0.7 6.04% 0.2
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.24% 0.0% 0.0% 0.06 0.15%
Fund AUM As on: 30/06/2025 8569 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Icici Prudential Ultra Short Term Fund 3
Baroda BNP Paribas Ultra Short Duration Fund 4
Hdfc Ultra Short Term Fund 5

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option 1021.04
0.2200
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - QUARTERLY IDCW Option 1022.05
0.2200
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option 1030.02
0.2600
0.0300%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - MONTHLY IDCW Option 1031.15
0.2600
0.0300%
NIPPON INDIA ULTRA SHORT DURATION FUND - WEEKLY IDCW OPTION 1092.5
0.2300
0.0200%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 1092.63
0.2800
0.0300%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION 1114.15
0.0000
0.0000%
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION 1114.15
0.0000
0.0000%
Nippon India Ultra Short Duration Fund- Growth Option 4133.54
0.8800
0.0200%
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4572.54
1.1500
0.0300%

Review Date: 04-12-2025

Beginning of Analysis

In the Ultra Short Duration Fund category, Nippon India Ultra Short Duration Fund is the 12th ranked fund. The category has total 23 funds. The 3 star rating shows an average past performance of the Nippon India Ultra Short Duration Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 6.04% which is higher than the category average of 5.9%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.79 which is higher than the category average of 4.33.
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.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable 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 Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.54%, 1.67 and 3.37 in last one, three and six months respectively. In the same period the category average return was 0.5%, 1.56% and 3.19% respectively.
  • Nippon India Ultra Short Duration Fund has given a return of 7.67% in last one year. In the same period the Ultra Short Duration Fund category average return was 7.33%.
  • The fund has given a return of 7.73% in last three years and ranked 1.0st out of 23 funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.39%.
  • The fund has given a return of 7.43% in last five years and ranked 1st out of 21 funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.16%.
  • The fund has given a SIP return of 7.34% in last one year whereas category average SIP return is 6.97%. The fund one year return rank in the category is 2nd in 23 funds
  • The fund has SIP return of 7.72% in last three years and ranks 2nd in 23 funds. Aditya Birla Sun Life Savings Fund has given the highest SIP return (7.78%) in the category in last three years.
  • The fund has SIP return of 6.76% in last five years whereas category average SIP return is 6.17%.

Nippon India Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.24 and semi deviation of 0.15. The category average standard deviation is 0.25 and semi deviation is 0.15.
  • The fund has a beta of 0.1 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 Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra 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 % 0.48
    0.45
    		0.38 | 0.52 6 | 23 Very Good
    3M Return % 1.48
    1.43
    		1.21 | 1.62 10 | 23 Good
    6M Return % 2.99
    2.91
    		2.47 | 3.30 9 | 23 Good
    1Y Return % 6.89
    6.77
    		5.48 | 7.59 11 | 23 Good
    3Y Return % 6.93
    6.83
    		5.76 | 7.50 12 | 23 Good
    5Y Return % 6.59
    5.67
    		4.61 | 6.59 1 | 21 Very Good
    7Y Return % 5.57
    5.79
    		3.62 | 6.69 12 | 15 Average
    1Y SIP Return % 6.55
    6.40
    		5.28 | 7.23 10 | 23 Good
    3Y SIP Return % 6.92
    6.81
    		5.69 | 7.55 12 | 23 Good
    5Y SIP Return % 5.96
    5.67
    		4.59 | 6.26 5 | 21 Very Good
    7Y SIP Return % 5.99
    5.70
    		4.58 | 6.34 3 | 15 Very Good
    Standard Deviation 0.24
    0.25
    		0.18 | 0.30 12 | 23 Good
    Semi Deviation 0.15
    0.15
    		0.13 | 0.17 4 | 23 Very Good
    Sharpe Ratio 4.79
    4.33
    		0.29 | 6.45 10 | 23 Good
    Sterling Ratio 0.70
    0.69
    		0.58 | 0.75 12 | 23 Good
    Sortino Ratio 11.10
    10.43
    		0.12 | 33.89 11 | 23 Good
    Jensen Alpha % 6.04
    5.90
    		4.88 | 6.40 10 | 23 Good
    Treynor Ratio 0.20
    0.17
    		0.01 | 0.24 4 | 23 Very Good
    Modigliani Square Measure % 21.15
    20.71
    		17.51 | 22.96 10 | 23 Good
    Alpha % -1.32
    -1.40
    		-2.40 | -0.76 12 | 23 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.54 0.50 0.46 | 0.54 2 | 23 Very Good
    3M Return % 1.67 1.56 1.41 | 1.69 2 | 23 Very Good
    6M Return % 3.37 3.19 2.99 | 3.42 2 | 23 Very Good
    1Y Return % 7.67 7.33 6.33 | 7.84 2 | 23 Very Good
    3Y Return % 7.73 7.39 6.47 | 7.73 1 | 23 Very Good
    5Y Return % 7.43 6.16 5.30 | 7.43 1 | 21 Very Good
    7Y Return % 6.39 6.27 4.10 | 7.00 7 | 15 Good
    1Y SIP Return % 7.34 6.97 6.24 | 7.48 2 | 23 Very Good
    3Y SIP Return % 7.72 7.38 6.46 | 7.78 2 | 23 Very Good
    5Y SIP Return % 6.76 6.17 5.29 | 6.76 1 | 21 Very Good
    7Y SIP Return % 6.81 6.19 5.22 | 6.81 1 | 15 Very Good
    Standard Deviation 0.24 0.25 0.18 | 0.30 12 | 23 Good
    Semi Deviation 0.15 0.15 0.13 | 0.17 4 | 23 Very Good
    Sharpe Ratio 4.79 4.33 0.29 | 6.45 10 | 23 Good
    Sterling Ratio 0.70 0.69 0.58 | 0.75 12 | 23 Good
    Sortino Ratio 11.10 10.43 0.12 | 33.89 11 | 23 Good
    Jensen Alpha % 6.04 5.90 4.88 | 6.40 10 | 23 Good
    Treynor Ratio 0.20 0.17 0.01 | 0.24 4 | 23 Very Good
    Modigliani Square Measure % 21.15 20.71 17.51 | 22.96 10 | 23 Good
    Alpha % -1.32 -1.40 -2.40 | -0.76 12 | 23 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    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 Ultra Short Duration Fund NAV Regular Growth Nippon India Ultra Short Duration Fund NAV Direct Growth
    04-12-2025 4133.5393 4572.541
    03-12-2025 4133.0503 4571.9088
    02-12-2025 4132.6615 4571.3873
    01-12-2025 4131.8977 4570.4507
    28-11-2025 4130.4859 4568.6149
    27-11-2025 4129.6749 4567.6263
    26-11-2025 4128.8313 4566.6016
    25-11-2025 4127.7218 4565.2832
    24-11-2025 4126.8319 4564.2076
    21-11-2025 4125.0776 4561.9935
    20-11-2025 4124.5663 4561.3364
    19-11-2025 4124.528 4561.2026
    18-11-2025 4123.8408 4560.351
    17-11-2025 4123.167 4559.5149
    14-11-2025 4121.0646 4556.9129
    13-11-2025 4120.4298 4556.1186
    12-11-2025 4119.7373 4555.2604
    11-11-2025 4118.9681 4554.3176
    10-11-2025 4117.8719 4553.0131
    07-11-2025 4115.7034 4550.3386
    06-11-2025 4115.2832 4549.7816
    04-11-2025 4113.9629 4548.1374

    Fund Launch Date: 01/Dec/2001
    Fund Category: Ultra Short Duration Fund
    Investment Objective: The fund invests in debt and money market instruments with an endeavor to maintain portfolio duration between 160 - 180 days. The aim is to generate high gross yield through a portfolio investing across credit categories. Carry endeavors to protect against volatility.
    Fund Description: 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. (Please refer to the page number 17 of the Scheme Information Document on which the concept of Macaulay ™s Duration has been explained)
    Fund Benchmark: NIFTY Ultra Short Duration Debt Index
    Source: Fund FactSheet

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