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Nippon India Ultra Short Duration Fund (Number of segregated Portfolio-1)

An open ended ultra-short term debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. (Please refer to the page number 17 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)

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This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

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  • 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.

Fund PerformanceGrowth Option - Growth Plan

  • Latest NAV (20 Oct 2020)2980.8826


NAV as on Sep 30, 2020: ` 2,964.9768

Performance of Nippon India Ultra Short Duration Fund as on 30/09/2020
Particulars CAGR %
1 Year3 Year5 YearSince Inception
Nippon India Ultra Short Duration Fund 5.184.255.135.94
B: NIFTY Ultra Short Duration Debt Index6.267.337.437.78
AB: Crisil 1 Yr T-Bill Index6.396.876.816.13
Value of 10000 Invested
Nippon India Ultra Short Duration Fund 10,519 11,331 12,843 29,650
B: NIFTY Ultra Short Duration Debt Index 10,628 12,365 14,314 41,002
AB: Crisil 1 Yr T-Bill Index 10,641 12,209 13,905 30,679
Inception Date: Dec 7, 2001
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Vivek Sharma (Since Oct 2013)
The scheme returns are inclusive of the impact of segregation of portfolio. For complete details, please refer SID/KIM of the Scheme.
Segregated Portfolio 1 - The total impact on the NAV is 5.43%. Out of this, 3.98% is due to the credit event and 1.45% is due to segregation decision post the credit event (accordingly for this 1.45%, new units have been allotted and is reflected in the segregated portfolio). A part payment i.e. 6.06% of our total exposure in Altico Capital India Limited is recovered on Dec 30, 2019 & further, 3.64% is recovered on Oct 8, 2020.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Vivek Sharma

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Banking & PSU Debt Fund10.6310.248.577.758.628.01
Nippon India Income Fund9.4511.547.908.178.148.53
Nippon India Short Term Fund9.189.867.408.227.768.31
Bottom 3
Nippon India Corporate Bond Fund8.918.357.587.747.837.86
Nippon India Dynamic Bond Fund8.2711.316.358.167.378.74
Nippon India Low Duration Fund7.867.117.127.417.417.54

Note:

a. Mr. Vivek Sharma manages 7 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Vivek Sharma has been managing Nippon India Ultra Short Duration Fund since Oct 2013, Nippon India Income Fund since Feb 2020, Nippon India Prime Debt Fund since Feb 2020, Nippon India Short Term Fund since Feb 2020, Nippon India Low Duration Fund since Feb 2020, Nippon India Banking & PSU Debt Fund since Jun 2020, Nippon India Dynamic Bond Fund since Jun 2020

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Nippon India Low Duration Fund is `1000/- per unit. Face Value of Nippon India Money Market Fund, Nippon India Liquid Fund, Nippon India Ultra Short Duration Fund is `1000/- per unit w.e.f 5th Aug 2012. Face value of Nippon India ETF Junior BeES is `1.25/- per unit. Face value of Nippon India ETF Liquid BeES is `1000/- per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES has changed from `10/- per unit to `1/- per unit w.e.f 20th Dec 2019. Face value of Nippon India ETF Gold BeES has changed from `100/- per unit to `1/- per unit w.e.f 20th Dec 2019.​ Face value of Nippon India Overnight Fund is `​100/- per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Note:

##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes. For impact on NAV on account of Segregation of portfolio, please refer SID/KIM of the relevant Schemes​.









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Fund Details

  • Inception Date7 Dec 2001
  • Fund ManagerMr.Vivek Sharma
Current Investment Philosophy
    • The fund invests in debt and money market instruments with an endeavor to maintain portfolio duration between 160 - 180 days.
    • The aim is to generate higher gross yield through a portfolio investing across credit categories.
    • Carry endeavors to protect against volatility.
Minimum Investment
100.00

    and in multiples of Re.1 thereafter (For all Plans & Options, except) For Daily Dividend Options - Rs. 10000 & in multiples of Re. 1 thereafter For Weekly Dividend Options - Rs. 5000 & in multiples of Re. 1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

Nil

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Not applicable for Segregated Portfolio

Product label

This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Sep 30 , 2020

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