VS
Vivek SharmaLead
Since Oct 2013
AUM managed
₹55,158.42Cr
Tenure
Since Oct 2013
Funds
22
Nippon India U/ST Gr
Ultra Short Duration FundNippon India Mutual Fund
NAV
₹4,352.84
-0.02% today
AUM
₹12,447.28 Cr
Fund size
Expense
1.06%
Regular plan
Min SIP
₹100
per month
Min Lumpsum
₹5,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#9 of 24
Risk-o-meterModerate Risk
BenchmarkNIFTY Ultra Short Duration Debt TR INR (100%)
Number of holdings86
Inception07 Dec 2001
Exit load0.0
Debt metrics
Modified duration0.44657 yrs
Average maturity0.59452 yrs
Yield to maturity7.35%
Average credit qualityAA+
Standard deviation0.41%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
KD
Kinjal DesaiLead
Since May 2018
AUM managed
₹5,07,165.07Cr
Tenure
Since May 2018
Funds
51
AS
Since Dec 2022
AUM managed
₹14,530.64Cr
Tenure
Since Dec 2022
Funds
6
AS
Since Mar 2026
AUM managed
₹5,11,102.28Cr
Tenure
Since Mar 2026
Funds
47
DS
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
LM
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
About Nippon India U/ST Gr
Nippon India U/ST Gr is an open-ended Ultra Short Duration Fund mutual fund scheme offered by Nippon India Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹4,352.84 per unit and the scheme manages ₹12,447.28 Cr in assets under management. The fund charges an expense ratio of 1.06% and is benchmarked against NIFTY Ultra Short Duration Debt TR INR (100%). Over the trailing 5 years, Nippon India U/ST Gr has delivered +6.19% returns. SEBI's riskometer places this scheme in the Moderate Risk category, so read the scheme information document before investing.
Investment 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.
Regular Plan · Growth option · NAV as of 15 Oct 2026
Nippon India U/ST Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +0.44% | +0.41% |
| 3 months | +1.55% | +1.51% |
| 6 months | +3.04% | +3.04% |
| 1 year | +6.14% | +6.00% |
| 3 years | +6.78% | +6.72% |
| 5 years | +6.19% | +6.11% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.47% |
| 3 months | +1.93% | +1.37% |
| 6 months | +3.28% | +3.04% |
| 1 year | +6.21% | +5.52% |
| 3 years | +21.81% | +18.99% |
| 5 years | +37.64% | +30.90% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Nippon India U/ST Gr — frequently asked questions
What is the NAV of Nippon India U/ST Gr?
The latest net asset value (NAV) of Nippon India U/ST Gr is ₹4,352.84 per unit, -0.02% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Nippon India U/ST Gr delivered?
Nippon India U/ST Gr has returned +6.19% over the trailing 5 years (1 year: +6.14%, 3 years: +6.78%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Nippon India U/ST Gr?
Nippon India U/ST Gr charges an expense ratio of 1.06% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Nippon India U/ST Gr?
SEBI's riskometer classifies Nippon India U/ST Gr as Moderate Risk, which is typical for a Ultra Short Duration Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Nippon India U/ST Gr?
You can start a SIP in Nippon India U/ST Gr from ₹100 per month, and the minimum lumpsum investment is ₹5,000.
Who manages Nippon India U/ST Gr?
Nippon India U/ST Gr is managed by Nippon India Mutual Fund, holds ₹12,447.28 Cr in assets under management and invests across 86 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Nippon India Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Ultra Short Duration Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF204K01UE8
- Scheme code
- FSGBR072J7