What is the NAV of Nippon India Ultra Short Term Fund?

₹4,846.98 per unit as of 19 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.

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

0.34% a year for the Direct plan, as of 31 Aug 2026.

How large is Nippon India Ultra Short Term Fund?

₹11,551 crore under management as of 30 Sept 2026, in the Ultra Short Duration Fund category.

How risky is Nippon India Ultra Short Term Fund?

Its SEBI Riskometer reading is "Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.

What are the 5-year returns of Nippon India Ultra Short Term Fund?

7.01% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.

What is the worst 3-year return of Nippon India Ultra Short Term Fund?

6.7% a year – the weakest of 25 overlapping 3-year holding periods, beginning 1 Oct 2021. The median was 7.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.

Who manages Nippon India Ultra Short Term Fund?

Vivek Sharma, managing this fund for 13 years.

Nippon India Ultra Short Term Fund

Nippon India Mutual FundDirectOpen-endedUltra Short Duration FundRiskometer: Moderate Risk

NAV

₹4,846.98

as of 19 Oct 2026

Nippon India Ultra Short Term Fund is an open-ended Ultra Short Duration Fund scheme from Nippon India Mutual Fund managing ₹11,551 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹4,846.98 as of 19 Oct 2026. The expense ratio is 0.34% a year. Managed by Vivek Sharma. This page is factual data only – it carries no rating and no recommendation.

Key facts

Expense ratio: 0.34% / yr; as of 31 Aug 2026
Fund size: ₹11,551 crore; as of 30 Sept 2026
Exit load: None
SIP available: Yes
Launched: 7 Dec 2001
ISIN: INF204K01YH3

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from nyvo’s own NAV data.

Rebased to 100data to 19 Oct 2026

Oct 2021Oct 2026

Nippon India Ultra Short Term Fund

₹140

+40% on ₹100 over 5.0 yrs

Ultra Short Duration Fund average

₹137

+37% on ₹100 over 5.0 yrs

Returns vs category

Window	Fund	Category avg	Gap
3 months	1.61%	–	–
6 months	3.33%	–	–
1 year	6.86%	–	–
3 years (CAGR)	7.54%	–	–
5 years (CAGR)	7.01%	–	–

No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y): 2.83
Sharpe ratio (5Y): 2.54
Sortino ratio (3Y): 11.64 vs category 2.60
Standard deviation (3Y): 0.41%

Where the money actually is

Bonds

52.5%

Cash

47.3%

Other

0.3%

Whole-portfolio split, as of 30 Sept 2026.

What it owns

136 positions · top 10 = 16.0%

Top holdings

Nirma Limitedmatures 7 Apr 20273.00%
Vedanta Aluminium Metal Limitedmatures 20 Feb 20272.78%
National Bank for Agriculture and Rural Development2.73%
Punjab National Bankmatures 2 Apr 20272.54%
HDFC Bank Limitedmatures 3 Dec 20272.52%
Tbillmatures 10 Dec 20262.44%
Vedanta Limitedmatures 3 Dec 20272.23%
Small Industries Development Bank Of Indiamatures 6 Nov 20272.18%
Aditya Birla Renewables Limitedmatures 24 Sep 20272.16%
India (Republic of)2.14%

Holdings as of 30 Sept 2026. Portfolio turnover 177.0% a year.

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds

Yield to maturity: 0.07% vs category 6.85%
Modified duration: under a day vs category 0.70 yrs
Average maturity: 1 day vs category 0.71 yrs
Average coupon: 8.33%
Government securities: 12.0%

Credit quality

AAA: 68.0%
AA: 32.0%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 31 Aug 2026.

Portfolio characteristics as of 30 Sept 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months: +₹370 cr
Net flow, 3 months: +₹1,183 cr

as of 30 Sept 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Nippon India Ultra Short Term Fund?: ₹4,846.98 per unit as of 19 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Nippon India Ultra Short Term Fund?: 0.34% a year for the Direct plan, as of 31 Aug 2026.
How large is Nippon India Ultra Short Term Fund?: ₹11,551 crore under management as of 30 Sept 2026, in the Ultra Short Duration Fund category.
How risky is Nippon India Ultra Short Term Fund?: Its SEBI Riskometer reading is "Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
What are the 5-year returns of Nippon India Ultra Short Term Fund?: 7.01% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
What is the worst 3-year return of Nippon India Ultra Short Term Fund?: 6.7% a year – the weakest of 25 overlapping 3-year holding periods, beginning 1 Oct 2021. The median was 7.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Nippon India Ultra Short Term Fund?: Vivek Sharma, managing this fund for 13 years.

Where this fund sits

Its shelf, all funds

Sd · Short duration →

Three months to three years of lending. Where sensible near-term money quietly sits.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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Put it next to any other fund – growth, returns, risk and cost in one table.

One bet or two?

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See whether it owns the same stocks as your other funds.

Other Ultra Short Duration Fund funds

Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.