Nippon India Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 10
Rating
Growth Option 02-04-2026
NAV ₹4206.88(R) None% ₹4664.44(D) %
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.16% 6.8% -% 5.39% -%
Direct 6.94% 7.6% -% 6.21% -%
Benchmark
SIP (XIRR) Regular 5.86% 6.65% 6.55% 6.35% -%
Direct 6.62% 7.43% 7.35% 7.16% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.85 3.38 0.69 1.05% -4.88
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.28% 0.0% 0.0% 0.09 0.19%
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
- 3
Sbi Ultra Short Duration Fund 4
Baroda BNP Paribas Ultra Short Duration Fund 5

NAV Date: 02-04-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ULTRA SHORT DURATION FUND - QUARTERLY IDCW Option 1010.74
%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option 1017.27
%
NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option 1023.09
%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - MONTHLY IDCW Option 1033.33
%
NIPPON INDIA ULTRA SHORT DURATION FUND - WEEKLY IDCW OPTION 1093.7
%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - WEEKLY IDCW OPTION 1093.83
%
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION 1114.15
%
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION 1114.15
%
Nippon India Ultra Short Duration Fund- Growth Option 4206.88
%
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option 4664.44
%

Review Date: 02-04-2026

Beginning of Analysis

Nippon India Ultra Short Duration Fund is the 12th ranked fund in the Ultra Short Duration Fund category. The category has total 23 funds. The Nippon India Ultra Short Duration Fund has shown an average past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 1.05% which is higher than the category average of 0.9%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 3.85 which is higher than the category average of 3.2.
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%, 1.53 and 3.12 in last one, three and six months respectively. In the same period the category average return was 0.51%, 1.42% and 2.91% respectively.
  • Nippon India Ultra Short Duration Fund has given a return of 6.94% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.57%.
  • The fund has given a return of 7.6% 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 7.24%.
  • The fund has given a SIP return of 6.62% in last one year whereas category average SIP return is 6.2%. The fund one year return rank in the category is 1st in 22 funds
  • The fund has SIP return of 7.43% 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 7.35% in last five years whereas category average SIP return is 6.86%.

Nippon India Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.28 and semi deviation of 0.19. The category average standard deviation is 0.3 and semi deviation is 0.22.
  • 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
    0.47
    		0.37 | 0.57 8 | 22 Good
    3M Return % 1.36
    1.29
    		1.07 | 1.42 5 | 22 Very Good
    6M Return % 2.76
    2.63
    		2.23 | 2.85 6 | 22 Very Good
    1Y Return % 6.16
    6.00
    		5.18 | 6.64 9 | 22 Good
    3Y Return % 6.80
    6.67
    		5.71 | 7.31 11 | 22 Good
    7Y Return % 5.39
    5.67
    		4.74 | 6.49 13 | 15 Poor
    1Y SIP Return % 5.86
    5.63
    		4.80 | 6.09 7 | 22 Good
    3Y SIP Return % 6.65
    6.49
    		5.52 | 7.13 11 | 22 Good
    5Y SIP Return % 6.55
    6.35
    		5.34 | 6.90 8 | 20 Good
    7Y SIP Return % 6.35
    5.97
    		4.97 | 6.58 2 | 15 Very Good
    Standard Deviation 0.28
    0.30
    		0.22 | 0.35 4 | 23 Very Good
    Semi Deviation 0.19
    0.22
    		0.18 | 0.26 3 | 23 Very Good
    Sharpe Ratio 3.85
    3.20
    		0.03 | 4.71 8 | 23 Good
    Sterling Ratio 0.69
    0.68
    		0.57 | 0.74 12 | 23 Good
    Sortino Ratio 3.38
    2.35
    		0.01 | 3.73 5 | 23 Very Good
    Jensen Alpha % 1.05
    0.90
    		-0.06 | 1.44 10 | 23 Good
    Treynor Ratio -4.88
    -4.27
    		-6.41 | -3.10 19 | 23 Poor
    Modigliani Square Measure % 9.25
    8.68
    		6.15 | 9.93 8 | 23 Good
    Alpha % -1.25
    -1.36
    		-2.29 | -0.74 12 | 23 Good
    Return data last Updated On : April 2, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.54 0.51 0.47 | 0.62 6 | 22 Very Good
    3M Return % 1.53 1.42 1.29 | 1.53 1 | 22 Very Good
    6M Return % 3.12 2.91 2.69 | 3.12 1 | 22 Very Good
    1Y Return % 6.94 6.57 6.12 | 6.94 1 | 22 Very Good
    3Y Return % 7.60 7.24 6.46 | 7.60 1 | 22 Very Good
    7Y Return % 6.21 6.18 5.27 | 6.68 10 | 15 Average
    1Y SIP Return % 6.62 6.20 5.78 | 6.62 1 | 22 Very Good
    3Y SIP Return % 7.43 7.06 6.31 | 7.43 1 | 22 Very Good
    5Y SIP Return % 7.35 6.86 6.07 | 7.35 1 | 20 Very Good
    7Y SIP Return % 7.16 6.49 5.64 | 7.16 1 | 15 Very Good
    Standard Deviation 0.28 0.30 0.22 | 0.35 4 | 23 Very Good
    Semi Deviation 0.19 0.22 0.18 | 0.26 3 | 23 Very Good
    Sharpe Ratio 3.85 3.20 0.03 | 4.71 8 | 23 Good
    Sterling Ratio 0.69 0.68 0.57 | 0.74 12 | 23 Good
    Sortino Ratio 3.38 2.35 0.01 | 3.73 5 | 23 Very Good
    Jensen Alpha % 1.05 0.90 -0.06 | 1.44 10 | 23 Good
    Treynor Ratio -4.88 -4.27 -6.41 | -3.10 19 | 23 Poor
    Modigliani Square Measure % 9.25 8.68 6.15 | 9.93 8 | 23 Good
    Alpha % -1.25 -1.36 -2.29 | -0.74 12 | 23 Good
    Return data last Updated On : April 2, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 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
    02-04-2026 4206.8805 4664.4443
    30-03-2026 4203.5248 4660.4418
    27-03-2026 4199.1691 4655.3292
    25-03-2026 4195.866 4651.4786
    24-03-2026 4195.452 4650.9255
    23-03-2026 4195.8564 4651.2795
    20-03-2026 4196.4432 4651.6468
    18-03-2026 4195.7392 4650.6779
    17-03-2026 4193.6194 4648.2338
    16-03-2026 4192.415 4646.8125
    13-03-2026 4190.5161 4644.4484
    12-03-2026 4191.7182 4645.6943
    11-03-2026 4192.1357 4646.0706
    10-03-2026 4191.1155 4644.8533
    09-03-2026 4189.8936 4643.4127
    06-03-2026 4188.9896 4642.1514
    05-03-2026 4187.9022 4640.86
    04-03-2026 4186.57 4639.2974
    02-03-2026 4186.6789 4639.2441

    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.