Debt · Income/Debt Oriented Schemes - Ultra Short Term Fund
Nippon India Ultra Short Term Fund
Open in live screener →Key metrics
Latest NAV
₹4,819.26
Day change
0.06%
Volatility
2.1%
Sharpe
0.30
Max drawdown
-5.2%
Category rank
1 / 23
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.25% | 0.65% | 2.13% | 3.82% | 7.14% | 7.62% | 6.99% | 6.50% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Nippon India Ultra Short Term Fund is a debt fund offered by Nippon India Mutual Fund, classified under Debt as Income/Debt Oriented Schemes - Ultra Short Term Fund. Debt funds are sensitive to interest-rate moves and the credit quality of holdings. Its latest NAV is ₹4,819.26.
Performance analysis
Over the trailing one year, Nippon India Ultra Short Term Fund has recorded a return of about 7.1%, with a three-year return of 7.6% and a five-year return of 7.0%. Its annualised volatility is 2.1% — relatively low fluctuations — and its Sharpe ratio is 0.30, a measure of return per unit of risk taken.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.43 | 7.15 | -0.20 | 10.39 | 100% | 0% |
| 3Y | 6.75 | 7.02 | 4.82 | 7.79 | 100% | 0% |
| 5Y | 6.74 | 7.03 | 5.68 | 7.61 | 100% | 0% |
| 7Y | 6.42 | 6.45 | 6.20 | 6.61 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Nippon India Ultra Short Term Fund invest in?
It invests primarily in fixed-income instruments such as bonds and money-market securities.
How is this fund classified?
It is a Income/Debt Oriented Schemes - Ultra Short Term Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Income/Debt Oriented Schemes - Ultra Short Term Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.65 | 2.10 | 3.75 | 6.74 | 7.28 | 6.65 | – | – |
| BANDHAN ULTRA SHORT TERM FUND Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.61 | 2.07 | 3.63 | 6.66 | 7.20 | 6.45 | – | – |
| Axis Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.67 | 2.17 | 3.74 | 6.93 | 7.49 | 6.77 | – | – |
| WhiteOak Capital Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.64 | 2.07 | 3.67 | 6.52 | 7.06 | 6.48 | – | – |
| Mahindra Manulife Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.64 | 2.06 | 3.74 | 6.80 | 7.34 | 6.60 | – | – |
| LIC MF Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.65 | 2.15 | 3.84 | 6.84 | 7.26 | 6.30 | – | – |
| HSBC Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.64 | 2.11 | 3.67 | 6.71 | 7.27 | 6.55 | – | – |
| Mirae Asset Ultra Short-Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.62 | 2.14 | 3.78 | 6.88 | 7.48 | 6.69 | – | – |
More funds from Nippon India
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India Medium to Long Term Fund Income/Debt Oriented Schemes - Medium to Long Term Fund | -0.65 | 2.10 | 2.65 | 4.89 | 6.75 | 6.14 | 7.00 | – |
| Nippon India Interval Fund-Quarterly Interval Fund Serie-II Income | 0.49 | 1.55 | 3.10 | 5.96 | 6.60 | 6.23 | 6.20 | 0.10 |
| Nippon India Focused Fund Equity Scheme - Focused Fund | -2.12 | 3.59 | 4.72 | 2.85 | 9.75 | 11.06 | 13.03 | 0.95 |
| Nippon India Liquid Fund Debt Scheme - Liquid Fund | 0.57 | 1.75 | 3.52 | 6.57 | 7.01 | 6.37 | 6.17 | 0.17 |
| Nippon India Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.59 | 2.16 | 3.49 | 6.70 | 7.53 | 6.76 | 7.00 | – |
| Nippon India Money Market Fund Debt Scheme - Money Market Fund | 0.68 | 2.25 | 3.64 | 6.69 | 7.47 | 6.77 | 6.78 | 0.19 |
| Nippon India Consumption Fund Sectoral/Thematic - Consumption | -4.42 | 6.25 | 6.79 | -6.61 | 9.60 | 12.71 | 13.24 | 0.58 |
| Nippon India Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund/ Dynamic Asset Allocation | -1.12 | 4.10 | 4.31 | 5.15 | 11.02 | 10.00 | 11.02 | 0.54 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.