Nippon India Ultra Short Duration Fund - Segregate...
NAV as of Mar 12, 2021
35.810.00%
- IDCW Weekly - Direct
- IDCW Weekly - Regular
- Growth - Regular
- IDCW Weekly - Direct
- Growth - Direct
- IDCW Daily - Direct
- IDCW Monthly - Direct
- IDCW Quarterly - Direct
- IDCW Quarterly - Regular
- IDCW Monthly - Regular
- IDCW Weekly - Direct
- IDCW Daily - Direct
- Growth - Direct
- IDCW Quarterly - Regular
- IDCW Quarterly - Direct
- IDCW Monthly - Direct
- Growth - Regular
- IDCW Monthly - Regular
- IDCW Weekly - Regular
- IDCW Daily - Regular
- IDCW Daily - Regular
(Earn upto 1.09% Extra Returns with Direct Plan)
- IDCW Weekly - Direct
Fund Category:
Debt: Ultra Short Duration
Expense Ratio:
0.04%(0.30% Category
average)Fund Size:
Rs. 24.07 Cr(0.02% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Nippon India Ultra Short Duration Fund - Segregated Port...
NAV as of Mar 12, 2021
35.810.00%
Expense Ratio:
0.04%
Fund Size:
Rs. 24.07 Cr
Fund Category:
Debt: Ultra Short Duration
1. Current NAV: The Current Net Asset Value of the Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan as of Mar 12, 2021 is Rs 35.81 for IDCW Weekly option of its Direct plan.
2. Returns: Its trailing returns over different time periods are:. Whereas, Category returns for the same time duration are: 6.94% (1yr), 5.6% (3yr) and 5.29% (5yr).
3. Fund Size: The Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan currently holds Assets under Management worth of Rs 24.07 crore as on Feb 28, 2021.
4. Expense ratio: The expense ratio of the fund is 0.04% for Direct plan as on Mar 31, 2020.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 0.
Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 Direct-IDCW Weekly Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
Trailing Return data not available for this fund
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Return Comparison
- This Fund
- BenchmarkNippon India Ultra Short Duration Direct-IDCWW
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Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 Direct-IDCW Weekly Fund Details
Investment Objective - The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Fund House | Nippon India Mutual Fund |
Launch Date | Sep 25, 2019 |
Benchmark | NIFTY Ultra Short Duration Debt Index B-I |
Return Since Launch | - |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 Direct-IDCW Weekly Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | - |
Minimum Withdrawal (Rs.) | 100.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | - | 0.5489 | 0.08 | - |
Average Maturity(Yrs) | 0.07 | 0.8247 | 0.09 | 0.0712 |
Yield to Maturity(%) | 10.75 | 8.1542 | 6.72 | 10.75 |
Avg Credit Rating | Low | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | - | 28.27 |
Low Risk | - | 53.42 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | 49.99 | 2.63 |
Others | 50.01 | 15.67 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | - |
CD | - | - |
T-Bills | - | - |
CP | - | - |
NCD & Bonds | 49.99 | 49.99 |
PTC | - | - |
Cash & Others | 50.01 | 50.01 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
Altico Capital India Pvt Ltd | Long-term Debt | Financial | D | 120.34 | 49.99 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 Direct-IDCW Weekly 35.81 Unrated 24.07 - - - - Nippon India Ultra Short Duration Fund Direct-IDCW Weekly 1,091.69 7,291.01 0.58 7.80 6.60 6.09 UTI Ultra Short Duration Fund Direct-IDCW Weekly 1,083.58 2,139.50 0.57 7.57 7.12 6.54 Mahindra Manulife Ultra Short Duration Fund Direct-IDCW Weekly 1,001.91 252.11 0.57 7.57 6.15 - Axis Ultra Short Term Fund Direct-IDCW Weekly 10.06 4,958.63 0.57 7.68 6.34 6.12
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- V.S.Vivek SharmaSince Sep 20194 schemes
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance). He has been associated with Nippon India Mutual Fund since 2006.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Nippon India Corporate Bond Fund Direct-IDCW Weekly Corporate Bond 17.11 3,287.78 8.23 Nippon India Ultra Short Duration Fund Direct-IDCW Weekly Ultra Short Duration 1,091.69 7,291.01 7.80 Nippon India Low Duration Fund Direct-IDCW Weekly Low Duration 1,010.19 6,227.95 7.61 Nippon India Banking & PSU Debt Fund Direct-IDCW Weekly Banking and PSU 10.29 5,345.36 7.88
More Nippon India Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Nippon India Small Cap Fund Direct- Growth | 51,566.11 | 7.52 | 24.84 | 24.41 | 58.99 | 35.66 | |
Nippon India Liquid Fund Direct-Growth | 33,603.87 | 0.61 | 1.88 | 3.79 | 7.38 | 5.80 | |
Nippon India Multi Cap Fund Direct-Growth | 31,963.02 | 6.98 | 20.50 | 26.64 | 54.81 | 34.01 | |
Nippon India Growth Fund Direct- Growth | 27,931.43 | 8.46 | 24.17 | 23.15 | 60.81 | 32.03 | |
Nippon India Large Cap Fund Direct-Growth | 26,925.10 | 5.25 | 11.69 | 18.01 | 40.85 | 25.70 | |
Nippon India Money Market Fund Direct-Growth | 16,562.01 | 0.65 | 1.96 | 3.98 | 7.61 | 6.14 | |
Nippon India Arbitrage Fund Direct-Growth | 15,157.75 | 0.68 | 2.14 | 4.41 | 8.46 | 6.40 | |
Nippon India ELSS Tax Saver Fund Direct-Growth | 15,026.04 | 6.07 | 15.20 | 20.06 | 46.05 | 23.51 | |
Nippon India Balanced Advantage Fund Direct-Growth | 8,042.99 | 3.09 | 7.64 | 11.61 | 25.27 | 14.20 | |
Nippon India Floating Rate Fund Direct-Growth | 7,955.53 | 0.69 | 1.96 | 4.03 | 7.60 | 5.88 |
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1. Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan is Open-ended Ultra Short Duration Debt scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Sep 25, 2019.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments. "
2. It is benchmarked against NIFTY Ultra Short Duration Debt Index B-I.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan is 0.07 years and Duration is null years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 Direct-IDCW Weekly
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 Direct-IDCW Weekly
- Is it safe to invest in Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan comes under Moderate risk category.
- What is the category of Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan?Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan belongs to the Debt : Ultra Short Duration category of funds.
- How Long should I Invest in Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan?The suggested investment horizon of investing into Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan is 3 - 6 months. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan?The Nippon India Ultra Short Duration Fund - Segregated Portfolio 1 - Direct Plan is managed by Vivek Sharma (Since Sep 25, 2019).
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