Nippon India Ultra Short Duration Fund - Growth - Regular Plan

Item: Nippon India Ultra Short Duration Fund - Growth - Regular Plan
Rating: 1
Author: PersonalFN

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₹3451.3011 0.12 %Nav, as on 31-03-2023
Previous Nav
₹ 3447.2558
Net Change on 31-03-2023
₹4.05
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 5,114.77
Expense Ratio
1.18%
(As on Feb 28, 2023)

Fund Overview Growth | Regular Plan

Fund House
Nippon India Mutual Fund
Launch Date
06-Dec-2001
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
3280.96
52 Week Low Nav Date
31-Mar-2022
52 Week High Nav (₹)
3451.30
52 Week High Nav Date
31-Mar-2023

Fund Objective

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

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Nippon India Ultra Short Duration Fund- Growth Option	7.94	6.53	5.19	5.94	5.07	5.98
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Ultra Short Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Nippon India Ultra Short Duration Fund- Growth Option	Dec 06, 2001		5.19	5.94	5.07	1.18	5,114.77
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan	Jun 23, 2009		5.26	5.27	6.44	0.54	14,457.08
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan	Apr 16, 2003		5.41	5.30	6.30	0.54	14,457.08
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011		5.32	5.05	6.13	0.84	12,447.39
Kotak Savings Fund -Growth	Aug 13, 2004	Unrated	5.20	4.58	5.72	0.81	12,325.08
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999	Unrated	5.14	4.63	5.89	0.54	8,907.57

Fund Holdings as on 28-February-2023

Company % Assets
Triparty Repo
11.86
Canara Bank **
4.81
182 Days Tbill
3.79
Vedanta Limited **
3.41
6.24% TATA Realty & Infrastructure Limited **
2.92
State Bank of India
2.82
5.8% National Housing Bank **
2.43
Small Industries Dev Bank of India **
2.40
Piramal Capital & Housing Finance Limited **
2.39
Panatone Finvest Limited **
2.27
Reliance Industries Limited**
1.98
8.39% State Government Securities
1.97
Shriram Housing Finance Limited**
1.97
Mindspace Business Parks REIT **
1.95
Tata Value Homes Limited **
1.95
Axis Bank Limited
1.93
182 Days Tbill
1.91
Axis Bank Limited **
1.87
Piramal Enterprises Limited **
1.86
Bank of Baroda
1.85
Union Bank of India **
1.83
HDFC Bank Limited **
1.82
6.75% Shriram Finance Limited **
1.76
Axis Bank Limited **
1.76
9.25% Motilal Oswal Finvest Limited **
1.75
7.8% Nabha Power Limited **
1.46
6.65% Samvardhana Motherson International Limited **
1.45
HDFC Bank Limited **
1.43
HDFC Bank Limited **
1.43
HDFC Bank Limited **
1.42
ICICI Bank Limited **
1.41
8.64% State Government Securities
1.41
Small Industries Dev Bank of India **
1.37
7.45% Manappuram Finance Limited **
1.36
8.35% Piramal Capital & Housing Finance Limited **
1.27
9.62% Andhra Pradesh State Beverages Corporation Limited **
1.17
6.93% Manappuram Finance Limited **
1.15
Shriram Finance Limited **
1.15
Export Import Bank of India **
0.98
Canara Bank **
0.94
Canara Bank
0.94
Bahadur Chand Investments Pvt Limited **
0.93
The Federal Bank Limited **
0.93
Shriram Finance Limited
0.87
Net Current Assets
0.80
HDB Financial Services Limited
0.70
182 Days Tbill
0.67
Shriram Finance Limited**
0.50
9% Muthoot Finance Limited **
0.49
6.95% Reliance Industries Limited **
0.49
Axis Bank Limited **
0.49
8.6% Bharti Telecom Limited **
0.49
Vedanta Limited **
0.49
Small Industries Dev Bank of India
0.49
7.5% Muthoot Finance Limited **
0.49
6.4% Embassy Office Parks REIT **
0.48
Kotak Mahindra Bank Limited **
0.47
Housing Development Finance Corporation Limited **
0.46
9.62% Andhra Pradesh State Beverages Corporation Limited **
0.37
9.6% North Eastern Electric Power Corporation Limited **
0.35
7.59% Nirma Limited **
0.29
Vedanta Limited **
0.29
5.85% Bharat Petroleum Corporation Limited **
0.29
8.64% State Government Securities
0.20
8.5% Piramal Capital & Housing Finance Limited **
0.20
8.72% Shriram Finance Limited **
0.10
The Federal Bank Limited **
0.09
Cash Margin - CCIL
0.00
Interest Rate Swaps Pay Fix Receive Floating (21/03/2023) (FV 5000 Lacs)
0.00

Sector Holding%
Miscellaneous
31.99

Fund Manager

Vivek Sharma

Kinjal Desai

Holding Type Holding %
CARE A1+
13.31
Cash
12.66
CRISIL A1+
28.33
CRISIL AA
2.80
CRISIL AA+
3.83
CRISIL AAA
6.37
FITCH A1+
5.50
FITCH AA(CE)
1.54
FITCH AA+
3.99
FITCH AAA
1.45
ICRA A1+
2.34
ICRA AA
3.22
ICRA AA+
3.27
ICRA AAA(CE)
1.46
Sov
9.95
Unrated
0.00

About Nippon India Ultra Short Duration Fund

Scheme Analysis

Nippon India Ultra Short Duration Fund is a Debt - Ultra Short Duration Fund fund and belongs to Nippon India Mutual Fund. It was launched on 06-Dec-2001 and currently has an AUM of ₹5,114.77 crore. Nippon India Ultra Short Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of Nippon India Ultra Short Duration Fund ended up ₹4.05(0.12%)yesterday to ₹3451.3011.

Among its top 3 holdings the fund has exposure to Triparty Repo, and

The Nippon India Ultra Short Duration Fund is managed by Vivek Sharma and Kinjal Desai.

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: mf.nipponindiaim.com

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