Nippon India Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 10
Rating
Growth Option 09-09-2026
NAV ₹4334.05(R) +0.01% ₹4820.88(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.33% 6.82% 6.18% 5.67% -%
Direct 7.11% 7.61% 6.99% 6.49% -%
Benchmark
SIP (XIRR) Regular 6.58% 4.72% 5.97% 6.22% -%
Direct 7.36% 5.48% 6.76% 7.03% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.42 1.81 0.68 0.6% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.4% 0.0% 0.0% 0.14 0.26%
Fund AUM As on: 30/12/2025 12701 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Baroda BNP Paribas Ultra Short Duration Fund 3
- 4
ICICI Prudential Ultra Short Term Fund 5

NAV Date: 09-09-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ULTRA SHORT DURATION FUND - QUARTERLY IDCW Option 1024.21
0.1100
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option 1026.5
0.1100
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option 1032.3
0.1300
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - MONTHLY IDCW Option 1037.1
0.1300
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - WEEKLY IDCW OPTION 1092.63
0.1100
0.0100%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 1092.74
0.1300
0.0100%
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 4334.05
0.4400
0.0100%
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4820.88
0.5900
0.0100%

Review Date: 09-09-2026

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 0.6% which is higher than the category average of 0.45%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.42 which is higher than the category average of 1.96.
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 0.63%, 1.98 and 3.82 in last one, three and six months respectively. In the same period the category average return was 0.61%, 1.95% and 3.68% respectively.
  • Nippon India Ultra Short Duration Fund has given a return of 7.11% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.74%.
  • The fund has given a return of 7.61% in last three years and ranked 1.0st out of twenty two funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.27%.
  • The fund has given a return of 6.99% in last five years and ranked 2nd out of twenty one funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.57%.
  • The fund has given a SIP return of 7.36% in last one year whereas category average SIP return is 7.04%. The fund one year return rank in the category is 2nd in 23 funds
  • The fund has SIP return of 5.48% in last three years and ranks 1st in 22 funds. The fund has given the highest SIP return 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 6.4%.

Nippon India Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.4 and semi deviation of 0.26. The category average standard deviation is 0.43 and semi deviation is 0.29.
  • 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 % 0.57
    0.56
    		0.48 | 0.61 14 | 22 Average
    3M Return % 1.79
    1.80
    		1.55 | 1.92 16 | 22 Average
    6M Return % 3.44
    3.39
    		2.99 | 3.68 10 | 22 Good
    1Y Return % 6.33
    6.15
    		5.38 | 6.58 8 | 22 Good
    3Y Return % 6.82
    6.69
    		5.70 | 7.28 10 | 22 Good
    5Y Return % 6.18
    6.04
    		5.07 | 6.58 9 | 21 Good
    7Y Return % 5.67
    5.70
    		4.73 | 6.39 9 | 17 Good
    1Y SIP Return % 6.58
    6.45
    		5.65 | 6.90 9 | 22 Good
    3Y SIP Return % 4.72
    4.57
    		3.62 | 5.11 10 | 22 Good
    5Y SIP Return % 5.97
    5.86
    		4.87 | 6.39 10 | 21 Good
    7Y SIP Return % 6.22
    5.81
    		4.80 | 6.36 2 | 17 Very Good
    Standard Deviation 0.40
    0.43
    		0.31 | 0.50 4 | 23 Very Good
    Semi Deviation 0.26
    0.29
    		0.22 | 0.35 4 | 23 Very Good
    Sharpe Ratio 2.42
    1.96
    		-0.27 | 2.91 9 | 23 Good
    Sterling Ratio 0.68
    0.67
    		0.57 | 0.73 11 | 23 Good
    Sortino Ratio 1.81
    1.31
    		-0.10 | 2.22 6 | 23 Very Good
    Jensen Alpha % 0.60
    0.45
    		-0.34 | 0.93 10 | 23 Good
    Treynor Ratio 0.09
    0.07
    		0.01 | 0.10 5 | 23 Very Good
    Modigliani Square Measure % 2.01
    1.63
    		-0.22 | 2.41 9 | 23 Good
    Alpha % -1.31
    -1.43
    		-2.34 | -0.84 11 | 23 Good
    Return data last Updated On : Sept. 9, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.63 0.61 0.54 | 0.67 5 | 23 Very Good
    3M Return % 1.98 1.95 1.79 | 2.07 7 | 23 Good
    6M Return % 3.82 3.68 3.45 | 3.93 3 | 23 Very Good
    1Y Return % 7.11 6.74 6.27 | 7.13 2 | 23 Very Good
    3Y Return % 7.61 7.27 6.46 | 7.61 1 | 22 Very Good
    5Y Return % 6.99 6.57 5.78 | 7.19 2 | 21 Very Good
    7Y Return % 6.49 6.21 5.32 | 6.75 4 | 17 Very Good
    1Y SIP Return % 7.36 7.04 6.58 | 7.49 2 | 23 Very Good
    3Y SIP Return % 5.48 5.15 4.46 | 5.48 1 | 22 Very Good
    5Y SIP Return % 6.76 6.40 5.65 | 6.76 1 | 21 Very Good
    7Y SIP Return % 7.03 6.34 5.52 | 7.03 1 | 17 Very Good
    Standard Deviation 0.40 0.43 0.31 | 0.50 4 | 23 Very Good
    Semi Deviation 0.26 0.29 0.22 | 0.35 4 | 23 Very Good
    Sharpe Ratio 2.42 1.96 -0.27 | 2.91 9 | 23 Good
    Sterling Ratio 0.68 0.67 0.57 | 0.73 11 | 23 Good
    Sortino Ratio 1.81 1.31 -0.10 | 2.22 6 | 23 Very Good
    Jensen Alpha % 0.60 0.45 -0.34 | 0.93 10 | 23 Good
    Treynor Ratio 0.09 0.07 0.01 | 0.10 5 | 23 Very Good
    Modigliani Square Measure % 2.01 1.63 -0.22 | 2.41 9 | 23 Good
    Alpha % -1.31 -1.43 -2.34 | -0.84 11 | 23 Good
    Return data last Updated On : Sept. 9, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 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 Ultra Short Duration Fund NAV Regular Growth Nippon India Ultra Short Duration Fund NAV Direct Growth
    09-09-2026 4334.0473 4820.8804
    08-09-2026 4333.6026 4820.2907
    07-09-2026 4332.7649 4819.2636
    04-09-2026 4330.3201 4816.2587
    03-09-2026 4329.0247 4814.7226
    02-09-2026 4326.7295 4812.0746
    01-09-2026 4323.8105 4808.7331
    31-08-2026 4322.5751 4807.264
    28-08-2026 4320.2215 4804.3613
    27-08-2026 4319.3494 4803.2969
    25-08-2026 4317.6064 4801.1687
    24-08-2026 4316.0137 4799.3027
    21-08-2026 4313.6736 4796.4163
    20-08-2026 4313.8386 4796.505
    19-08-2026 4315.3895 4798.1345
    18-08-2026 4314.7512 4797.3301
    17-08-2026 4314.3223 4796.7586
    14-08-2026 4313.1783 4795.2023
    13-08-2026 4312.105 4793.9145
    12-08-2026 4311.1854 4792.7975
    11-08-2026 4310.7908 4792.2642
    10-08-2026 4309.6617 4790.9142

    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.