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Nippon India Ultra Short Duration Fund

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Debt: Ultra Short Duration

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1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up a year in a Liquid fund.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.89 0.02 0.09 0.69 2.23 2.94 5.26 4.33 5.16 6.01 6.84
CCIL T Bill Liquidity Weight 2.75 0.00 0.04 0.27 0.60 1.26 3.28 3.94 4.14 4.58 4.76
Debt: Ultra Short Duration 4.53 0.01 0.06 0.41 1.05 2.78 5.58 5.99 6.55 7.25 7.97
Rank within category 21 2 1 1 1 10 18 13 14 13 12
Number of funds in category 26 28 28 27 27 27 25 15 15 14 12

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Ultra Short Duration Fund  | Invest Online
2 star
 Dec-01 5.26 4.33 5.16 1.10 577
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
 Nov-01 7.31 7.70 8.00 0.48 14,532
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 6.69 -- -- 0.64 11,967
Kotak Savings Fund Regular Plan  | Invest Online
4 star
 Aug-04 6.22 7.09 7.31 0.77 11,072
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 6.33 7.41 7.34 0.49 10,122

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.04 (26-Sep-2019 - 03-Oct-2019) -3.88 (11-Sep-2019 - 18-Sep-2019)
Month 1.50 (25-Sep-2019 - 25-Oct-2019) -4.89 (27-Aug-2019 - 26-Sep-2019)
Quarter 2.77 (26-Sep-2019 - 26-Dec-2019) -3.71 (26-Jun-2019 - 25-Sep-2019)
Year 9.53 (06-Aug-2011 - 05-Aug-2012) -0.96 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.22 3.07 -0.27 -0.17 1.81 1.25
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Ultra Short Duration 6.01 1.57 1.68 3.32 1.07 2.18
Rank within category 15 14 15 16 14 14
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 13 43 13 35
Modified Duration (yrs) 0.50 0.55 0.33 0.37
Average Maturity (yrs) 0.82 0.84 0.38 0.45
Yield to Maturity (%) 7.95 10.78 7.95 4.54
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 182-D 22/10/2020 Treasury Bills SOV 0.00 - 12.98 12.98
equal 9.75% Uttar Pradesh Power Corporation 20/10/2021 Debenture A+ 0.00 - 11.22 11.22
equal 8.75% Vedanta 30/06/2022 Non Convertible Debenture AA 0.00 - 9.85 9.85
new NTPC 91-D 09/12/2020 Commercial Paper A1+ 0.00 - 8.62 8.62
down 9.70% Piramal Enterprises 24/12/2020 Non Convertible Debenture AA 7.49 - 14.29 8.13
equal 8.60% L&T Ahmedabad Maliya Tollway L Structured Obligation AA 0.00 - 6.55 6.55
equal Asirvad Microfinance 30/06/2022 Non Convertible Debenture AA- 0.00 - 5.86 5.86
equal Indian Receivable Trust 25/08/2023 Zero Coupon Bonds A 2.00 - 5.09 4.82
new 8.86% Tamilnadu State 2022 State Development Loan SOV 0.00 - 4.66 4.66
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 4.38 4.38
down Clix Finance India 17/12/2021 Non Convertible Debenture A+ 0.00 - 9.39 2.60
equal JM Fin Asset Reconstruction co 15/09/2021 Zero Coupon Bonds AA- 0.00 - 0.42 0.42
equal Tata Housing Devp. Co. 25/03/2022 Non Convertible Debenture AA 0.00 - 0.17 0.17

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Vivek Sharma since 01-Oct-2013

Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).

Experience: He has been associated with Reliance AMC since 2006.

Funds Managed:

Invest Online
0.02%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 2,984.6052

Dividend Weekly: ₹ 1,092.5139

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Dividend Quarterly: ₹ 1,015.0322

Dividend Monthly: ₹ 1,004.4018

Dividend Daily: ₹ 1,114.1500

Investment Strategy

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 07-Dec-2001
Return Since Launch: 5.95%
Benchmark: NIFTY Ultra Short Duration Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 577 Cr (As on 30-Sep-2020)
Expense: 1.10% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily28-Oct-20200.2557

 27-Oct-20200.0721
 26-Oct-20200.5132
 23-Oct-20200.1558
 22-Oct-20200.0248
 21-Oct-20200.3696
 20-Oct-20200.6587
 19-Oct-20200.5448
 15-Oct-20200.2949
 14-Oct-20200.1705
 13-Oct-20200.4437
 12-Oct-20200.7744
 09-Oct-20200.8726
 08-Oct-20200.2393
 07-Oct-20200.2249
 06-Oct-20200.5383
 05-Oct-20200.4025
 16-Jul-20200.3378
 15-Jul-20200.7613
 14-Jul-20200.3316
 13-Jul-20200.8658
 10-Jul-20202.8746
 09-Jul-20200.3647
 08-Jul-20200.5589
 07-Jul-20200.3033
Dividend Monthly26-Oct-20206.0440

 25-Sep-20205.0361
 25-Aug-20202.5584
 26-Aug-20192.5574
 25-Apr-20195.4781
 25-Mar-20194.9982
 25-Feb-20194.2191
 25-Jan-20195.6195
 26-Dec-20185.4140
 26-Nov-20184.8680
 25-Oct-20185.1203
 25-Sep-20183.0029
 27-Aug-20184.8921
 25-Jul-20184.8276
 25-Jun-20184.7031
 28-May-20183.1364
 25-Apr-20184.0609
 26-Mar-20183.6314
 26-Feb-20183.6829
 25-Jan-20183.4573
 26-Dec-20173.1228
 27-Nov-20173.6152
 25-Oct-20173.3595
 25-Sep-20173.0577
 28-Aug-20173.8570
Dividend Weekly23-Oct-20201.7722

 16-Oct-20201.5966
 09-Oct-20201.8374
 05-Oct-20202.0932
 25-Sep-20200.5548
 10-Jul-20204.2535
 03-Jul-20202.3468
 06-Sep-20191.3175
 30-Aug-20191.4321
 23-Aug-20191.3171
 16-Aug-20190.9970
 09-Aug-20190.1584
 26-Apr-20190.2327
 22-Apr-20191.5218
 12-Apr-20190.9275
 05-Apr-20191.4285
 29-Mar-20191.9755
 22-Mar-20190.9199
 15-Mar-20191.8670
 08-Mar-20191.5550
 01-Mar-20191.1114
 22-Feb-20190.7340
 15-Feb-20191.2126
 08-Feb-20191.5536
 01-Feb-20190.8143
Dividend Quarterly21-Sep-20207.8890

 19-Jun-202011.5511
 19-Mar-201914.6849
 19-Dec-201814.5798
 19-Sep-201813.5790
 19-Jun-201811.4949
 19-Mar-201810.4598
 19-Dec-201710.1206
 19-Sep-201710.5016
 19-Jun-201710.3146
 20-Mar-201710.1319
 19-Dec-201610.5561
 19-Sep-201611.7179
 20-Jun-201613.8216
 21-Mar-201612.5020
 21-Dec-201512.4932
 21-Sep-201513.2585
 19-Jun-201514.8208
 19-Mar-201514.2325
 19-Dec-201414.5228
 19-Sep-201415.4877
 19-Jun-201417.4244
 19-Mar-201415.3922
 19-Dec-201317.0925
 19-Sep-201316.0468

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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