Nippon India Ultra Short Term Fund
Open in live screener →Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.04% | 0.33% | 1.53% | 3.26% | 6.78% | 7.50% | 6.98% | 7.15% | – |
NAV history
About this fund
Nippon India Ultra Short Term Fund is a debt fund offered by Nippon India Mutual Fund, classified under Debt as Debt Scheme - Ultra Short Duration Fund. Debt funds are sensitive to interest-rate moves and the credit quality of holdings. Its latest NAV is ₹4,843.39.
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Nippon India Ultra Short Term Fund has recorded a return of about 6.8%, with a three-year return of 7.5% and a five-year return of 7.0%. Its annualised volatility is 2.1% — relatively low fluctuations — and its Sharpe ratio is 0.13, a measure of return per unit of risk taken.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.44 | 7.10 | -0.20 | 10.39 | 100% | 0% |
| 3Y | 6.77 | 7.06 | 4.82 | 7.79 | 100% | 0% |
| 5Y | 6.75 | 7.01 | 5.68 | 7.61 | 100% | 0% |
| 7Y | 6.48 | 6.45 | 6.20 | 7.33 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.25 | 1.45 | 3.10 | 6.38 | 7.15 | 6.65 | – | – |
| BANDHAN ULTRA SHORT TERM FUND Debt Scheme - Ultra Short Duration Fund | 0.28 | 1.44 | 3.05 | 6.31 | 7.09 | 6.47 | – | – |
| Axis Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.29 | 1.52 | 3.18 | 6.57 | 7.38 | 6.79 | – | – |
| HDFC Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.24 | 1.41 | 2.99 | 6.17 | 7.14 | 6.56 | – | – |
| Tata Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.34 | 1.59 | 3.34 | 6.84 | 7.45 | 6.79 | – | 0.26 |
| WhiteOak Capital Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.23 | 1.42 | 3.02 | 6.19 | 6.93 | 6.33 | – | – |
| Mahindra Manulife Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.26 | 1.43 | 3.08 | 6.43 | 7.22 | 6.61 | – | – |
| LIC MF Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.32 | 1.54 | 3.29 | 6.59 | 7.18 | 6.33 | – | – |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India Focused Fund Equity Scheme - Focused Fund | -5.45 | -4.64 | -5.77 | -6.59 | 8.11 | 8.22 | 11.88 | 0.95 |
| Nippon India Liquid Fund Debt Scheme - Liquid Fund | 0.40 | 1.51 | 3.15 | 6.48 | 6.93 | 6.42 | 6.15 | 0.17 |
| Nippon India Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.13 | 1.24 | 2.94 | 5.99 | 7.35 | 6.71 | 6.91 | – |
| Nippon India Money Market Fund Debt Scheme - Money Market Fund | 0.25 | 1.48 | 3.07 | 6.30 | 7.33 | 6.78 | 6.73 | 0.19 |
| Nippon India Consumption Fund Sectoral/Thematic - Consumption | -7.62 | -8.46 | -5.46 | -13.62 | 7.04 | 10.34 | 11.98 | 0.58 |
| Nippon India Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -3.34 | -3.13 | -1.94 | -1.70 | 9.63 | 8.80 | 10.40 | 0.54 |
| Nippon India Index Fund - Nifty 50 Plan Other Scheme - Index Funds | -2.74 | -5.25 | -6.19 | -11.35 | 6.14 | 5.62 | 11.03 | 0.06 |
| Nippon India Dynamic Term Fund Debt Scheme - Dynamic Bond Fund | -0.81 | -0.75 | 1.62 | 3.12 | 7.18 | 6.02 | 6.45 | – |