Investment Objective and Approach

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments. By investing in debt and money market instruments, the fund aims to maintain a Macaulay duration of the portfolio within the range of 3 to 6 months.

The fund follows a strategic approach of:

- Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

- The fund's core strategy involves investment in debt and money market instruments, while maintaining a target portfolio duration ranging from 120 to 180 days. This approach is designed to strike a balance between generating a relatively higher gross yield and mitigating potential volatility.

- 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.

This fund is particularly suitable for investors seeking:

- 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.

- This approach aligns with the preferences of investors seeking relatively stable returns over a shorter investment horizon.

Fund Managers

The fund is managed by experienced professionals:

Mr. Vivek Sharma - Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance). He has been associated with Nippon India Mutual Fund since 2006. Mr. Vivek Sharma, Fund Manager – Equity at PGIM India Asset Management Pvt Ltd., has over 14 years of expertise in equity markets, research, and fund management. A PGDM in Finance, he rejoined PGIM in April 2024 after a tenure at Edelweiss Asset Management as a Fund Manager. Previously, he served as a Fund Manager at PGIM (2017–2023) and as a Research Analyst at ICICI Securities (2010–2017), showcasing his extensive experience across prominent financial institutions.

Additional Fund Managers - Anju Chajjer, Vivek Sharma is the Current Fund Manager of Nippon India Ultra Short Duration Fund Direct Growth fund. The fund is managed by Vivek Sharma, Kinjal Desai, Akshay Sharma.

About the Fund House (AMC)

Nippon India Mutual Funds (formerly Reliance Mutual Fund) is one of the leading asset management companies in India. It manages assets across managed accounts, mutual funds, pension funds, alternative investments, and offshore funds.

Key highlights about Nippon India Mutual Fund:

- Ownership Structure: Nippon India Mutual Fund's (NIMF) asset manager is Nippon Life India Asset Management Limited (NAM India). NAM India's promoters are Reliance Capital Limited and Nippon Life Insurance Company that hold 75.93% of its total issued and paid-up equity share capital.

- Total AUM: AUM ₹573,673.69 Cr. as per Angel One data, and Nippon Mutual Funds manage assets worth Rs. 431308 crores. according to Groww

- Fund Range: Currently, the range of Nippon mutual funds schemes includes 52 equity, 266 debt, and 40 balanced funds. No. of Schemes 314

- Leadership: The company is led by its CEO Sundeep Sikka.

- Company History: Nippon India Mutual Fund was launched as a joint venture between Japan's Nippon Life Insurance Company and India's Reliance Capital way back in 1996. Nippon purchased the stake of Reliance in October 2019 and the fund house has been renamed as Nippon India Mutual Fund.

- Global Presence: Nippon Life Insurance Company (NLI) is Japan's one of the leading private life insurance company that offers a wide range of financial/traditional insurance products. The asset management operations in Asia are carried out by NLI, through its subsidiary Nissay Asset Management Corporation ("Nissay"), which manages assets globally.

Should I Invest in Nippon India Ultra Short Duration Fund?

This fund may be suitable for investors who:

Ideal Investment Profile:

- Have surplus funds for 6 months to 1.5 years timeframe

- Seek better returns than savings accounts or short-term FDs

- Want moderate liquidity with slightly higher returns than liquid funds

- Prefer lower volatility compared to longer duration debt funds

Key Considerations:

- Risk Profile: 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.

- Return Expectations: 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.

- Investment Amounts: The minimum investment required to start investing in Nippon India Ultra Short Duration Fund is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

- Fund Performance: The 1-year, 3-year and 5-year returns of this fund were 7.40, 6.83 and 6.49 respectively. as of recent data

Not Suitable For:

- Long-term wealth creation goals

- Investors seeking guaranteed returns

- Those uncomfortable with any market risk

FAQs

What is today's NAV of Nippon India Ultra Short Duration Fund?

NAV as of Aug 14, 2025 · ₹4061.91 according to ClearTax. The NAV changes daily based on market conditions.

What is the AUM of Nippon India Ultra Short Duration Fund?

AUM (Fund size)₹9,918.78 Crore as of August 2025. The AUM represents the total assets under management.

What is the expense ratio of Nippon India Ultra Short Duration Fund?

Expense ratio1.12% for the regular plan, while Its expense ratio is 0.37 % for the direct plan as per Business Today data.

What are the returns of Nippon India Ultra Short Duration Fund since inception?

Returns since inception · 6.1%p.a. The fund has delivered consistent returns over its long operational history.

What is the minimum SIP amount to invest in Nippon India Ultra Short Duration Fund?

The min. SIP amount to invest in this scheme is ₹100. This makes it accessible for small investors.

How do I invest in Nippon India Ultra Short Duration Fund?

You can invest through Allvest platform by creating an account, completing KYC, and selecting the fund. Alternatively, you can invest directly through the fund house website or through registered distributors.

How to start a SIP in Nippon India Ultra Short Duration Fund?

Through Allvest, log into your account, search for the fund, select SIP option, choose investment amount and frequency, set up auto-debit instructions, and complete the investment process.

How do I automate an SIP in Nippon India Ultra Short Duration Fund?

Allvest provides automated SIP features where you can set up recurring investments. Once configured, the chosen amount will be automatically invested at your selected intervals without manual intervention.

How can I withdraw/redeem my investment in Nippon India Ultra Short Duration Fund?

You can redeem your investment through Allvest platform by placing a redemption request. The proceeds will be credited to your registered bank account within 1-3 business days after processing.