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2 star

Nippon India Ultra Short Duration Fund download report


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."

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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(₹)
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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
Nippon India Ultra Short Duration-G 2.38 0.04 0.09 0.37 1.20 1.95 3.88 4.37 5.07 5.49 6.35
CCIL T Bill Liquidity Weight 1.19 -0.02 0.07 0.20 0.64 1.04 1.99 2.59 3.27 3.63 4.21
Debt: Ultra Short Duration 2.11 0.04 0.08 0.36 1.13 1.78 3.52 4.57 5.13 5.83 6.97
Rank within category 3 6 2 12 6 4 4 12 9 9 11
Number of funds in category 26 26 26 26 26 26 26 21 13 13 12

As on 08-Aug-2022

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 3.88 4.37 5.07 1.13 3,910
Aditya Birla Sun Life Savings Fund  | Invest Online
4 star
Nov-01 3.90 5.40 6.31 0.51 14,762
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.54 4.89 -- 0.64 13,459
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
May-11 3.78 5.30 6.14 0.87 13,058
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.51 4.72 5.96 0.49 12,513

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.49 06-Jul-2021 - 13-Jul-2021 -3.88 11-Sep-2019 - 18-Sep-2019
Month 3.80 08-Jun-2021 - 08-Jul-2021 -4.89 27-Aug-2019 - 26-Sep-2019
Quarter 4.62 16-Apr-2021 - 16-Jul-2021 -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
Nippon India Ultra Short Duration-G 4.38 3.22 0.28 0.22 -0.50 0.44
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Ultra Short Duration 4.51 0.91 1.26 3.25 1.00 1.91
Rank within category 12 21 19 19 1 21
Number of funds in category 21 21 21 21 21 21

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 64 73 53 42
Modified Duration (yrs) 0.45 0.47 0.39 --
Average Maturity (yrs) 0.55 0.61 0.47 --
Yield to Maturity (%) 6.55 6.55 4.50 --
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 22/12/2022 Treasury Bills SOV 0.00 - 5.63 5.63
equal Piramal Enterprises 157-D 26/09/2022 Commercial Paper A1+ 0.00 - 4.35 3.80
equal 6.24% Tata Realty and Infrastructure 26/05/2023 Non Convertible Debenture AA 0.00 - 4.37 3.80
equal Kotak Mahindra Bank 25/11/2022 Certificate of Deposit A1+ 0.00 - 4.31 3.77
equal Indusind Bank 15/11/2022 Certificate of Deposit A1+ 0.00 - 4.45 3.77
new Tata Steel 120-D 09/11/2022 Commercial Paper A1+ 0.00 - 3.77 3.77
equal SIDBI 333-D 16/12/2022 Commercial Paper A1+ 0.00 - 4.71 3.75
equal Vedanta 364-D 21/03/2023 Commercial Paper A1+ 0.00 - 4.18 3.66
up 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 2.68 2.68
equal Reliance Industries 21/09/2023 Debenture AAA 0.00 - 3.34 2.62
equal Shriram Housing Finance 30/06/2023 Floating Rate Notes AA 0.00 - 3.29 2.59
equal 6.55% National Housing Bank 17/04/2023 Debenture AAA 0.00 - 2.94 2.56
new Indian Oil Corporation 51-D 26/08/2022 Commercial Paper A1+ 0.00 - 2.55 2.55
equal Tata Housing Devp. Co. 282-D 23/09/2022 Commercial Paper A1+ 0.00 - 3.17 2.53
new IDFC First Bank 2022 Certificate of Deposit A1+ 0.00 - 2.50 2.50
equal Tata Value Homes 365-D 24/03/2023 Commercial Paper A1+ 0.00 - 3.06 2.44
equal Kirloskar Ferrous Industries 190-D 09/12/2022 Commercial Paper A1+ 0.00 - 2.29 2.00
equal 8.35% Piramal Capital & Housing Finance 23/09/2023 Non Convertible Debenture AA 0.00 - 2.20 1.92
equal 9.62% Andhra Pradesh State Beverages Corporation 31/05/2023 Non Convertible Debenture AA 0.00 - 2.21 1.92
equal Piramal Capital & Housing Finance 157-D 26/09/2022 Commercial Paper A1+ 0.00 - 2.17 1.90
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.80 1.90
equal Barclays Investments & Loans 161-D 03/11/2022 Commercial Paper A1+ 0.00 - 2.16 1.89
equal Deutsche Bank 23/12/2022 Certificate of Deposit A1+ 0.00 - 2.35 1.87
equal 8.64% Uttar Pradesh State 2023 State Development Loan SOV 0.00 - 2.41 1.87
equal 7.97% Karnataka State 2022 State Development Loan SOV 0.00 - 1.48 1.29

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 31-Jul-2022

*As on 30-Jun-2022

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 Nippon India Mutual Fund since 2006.

Funds Managed:


0.04%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 3,324.3215

IDCW Weekly: ₹ 1,092.1455

More

IDCW Quarterly: ₹ 1,018.1503

IDCW Monthly: ₹ 1,012.2876

IDCW 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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 100
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 07-Dec-2001
Return Since Launch: 5.98%
Benchmark: NIFTY Ultra Short Duration Debt Index B-I
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 3,910 Cr (As on 31-Jul-2022)
Expense Ratio: 1.13% (As on 30-Jun-2022)
Risk Grade: High
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily08-Aug-20220.4646

 05-Aug-20220.0102
 04-Aug-20220.0359
 03-Aug-20220.1912
 02-Aug-20220.3476
 01-Aug-20220.7519
 29-Jul-20220.2009
 28-Jul-20220.0194
 25-Jul-20220.5040
 18-Jul-20220.3260
 15-Jul-20220.1490
 14-Jul-20220.3008
 13-Jul-20220.2681
 12-Jul-20220.0092
 11-Jul-20220.4851
 08-Jul-20220.1024
 07-Jul-20220.2310
 06-Jul-20220.3875
 05-Jul-20220.3667
 04-Jul-20220.6987
 01-Jul-20220.2746
 30-Jun-20220.2649
 29-Jun-20220.1796
 28-Jun-20220.1488
 27-Jun-20220.5055
IDCW Weekly05-Aug-20221.3099

 29-Jul-20220.7233
 22-Jul-20220.3062
 15-Jul-20221.1873
 08-Jul-20221.7507
 01-Jul-20221.3460
 24-Jun-20221.2638
 17-Jun-20220.5582
 10-Jun-20220.8477
 03-Jun-20221.0522
 27-May-20220.5330
 29-Apr-20220.8618
 22-Apr-20220.8920
 18-Apr-20220.7780
 08-Apr-20220.1661
 04-Apr-20221.2389
 25-Mar-20220.9691
 21-Mar-20221.4065
 11-Mar-20220.8174
 04-Mar-20220.2621
 25-Feb-20220.3881
 18-Feb-20221.0722
 11-Feb-20221.3176
 04-Feb-20220.3308
 28-Jan-20220.5198
IDCW Monthly25-Jul-20224.1303

 27-Jun-20224.2780
 25-May-20220.1911
 25-Apr-20222.8803
 25-Mar-20223.0684
 25-Feb-20222.9331
 25-Jan-20223.8386
 27-Dec-20213.5444
 25-Nov-20212.7590
 25-Oct-20212.5217
 27-Sep-20212.8420
 25-Aug-20213.2233
 26-Jul-202127.9779
 25-Jun-202113.7867
 25-May-20213.5578
 26-Apr-20214.3663
 25-Mar-20214.0149
 25-Feb-20213.0401
 25-Jan-20211.2371
 28-Dec-20202.7109
 25-Nov-20204.5380
 26-Oct-20206.0440
 25-Sep-20205.0361
 25-Aug-20202.5584
 26-Aug-20192.5574
IDCW Quarterly20-Jun-20227.3256

 21-Mar-202210.3809
 20-Dec-20218.5968
 20-Sep-202139.9411
 21-Jun-202113.3902
 19-Mar-20219.5073
 21-Dec-202017.7897
 21-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

Registrar & Transfer Agent: KFin Technologies 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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