Nippon India Short Term Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Nippon India Mutual Fund · Debt fund · Direct plan · IDCW

Short DurationDirect · IDCWRisk: Moderate

NAV · 6 Nov 2026

₹25.1384 ▼ 0.02%

Nippon India Mutual Fund

Fund size₹6,880 crJuly - September 2026

1-month range₹24.93 – 25.14

1 year+4.90%

3 years+7.61%a year

5 years+6.74%a year

What the fund does

The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.

BenchmarkCRISIL Short Duration Debt A-II Index

Launched18 Dec 2002

Fund houseNippon India Mutual Fund

Fund managersFM 1 Vivek SharmaFM 2 Sushil Budhia

NAV history

Returns

1 week

+0.68%avg 0.6%

1 month

+0.40%avg 0.3%

3 months

+0.51%avg 0.4%

6 months

+2.84%avg 2.3%

This year

+4.34%avg 2.9%

1 year

+4.90%avg 3.4%

3 years (a year)

+7.61%avg 5.9%

5 years (a year)

+6.74%avg 5.9%

Bars: this plan; the thin mark is the Short Duration average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.6
2025	+0.8	+0.5	+1.1	+1.4	+1.3	+0.1	+0.7	+0.0	+0.7	+0.9	+0.6	+0.1
2026	+0.1	+0.9	-0.4	+0.5	+0.1	+1.9	+0.3	+0.1	+0.2	-0.2	+0.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings98101 lines in all

Top 10 holdings26.0%of the fund

Debt82.2%bonds, government securities

Money market2.7%CDs, CPs, treasury bills

Where the money is

Equity 8.5%Debt 82.2%Money market 2.7%Cash & others 6.6%

Credit quality (debt and money market)

AAA

58.4%

Sovereign

12.2%

AA+

6.1%

5.5%

A1+

2.7%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	8.5%	8.2%	+0.29
Debt	82.2%	79.3%	+2.97
Money market	2.7%	0.0%	+2.70
Cash & others	6.6%	12.6%	-5.96
Top 10 stocks	8.5%	8.2%	+0.29
Number of stocks	7	7	0

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 7

Holding	Sector / type	% of fund
Small Industries Dev Bank of India** INE556F08LE6	CRISIL AAA	2.36%
Cholamandalam Investment and Finance Company Ltd** INE121A07SU3	ICRA AA+	1.57%
Muthoot Finance Limited** INE414G07JZ7	CRISIL AA+	1.26%
Muthoot Finance Limited** INE414G07KC4	CRISIL AA+	1.18%
Mahindra & Mahindra Financial Services Limited** INE774D07VP7	CRISIL AAA	1.18%
Mahindra Rural Housing Finance Limited** INE950O07560	CRISIL AAA	0.49%
Corporate Debt Market Development Fund Class A2 INF0RQ622028	–	0.44%

Bonds, money market and cash 94

Holding	Sector / type	% of fund
7.44% Power Finance Corporation Limited** INE134E08NO0	CRISIL AAA	3.72%
Shivshakti Securitisation Trust** INE2I7G15010	CRISIL AAA(SO)	3.37%
National Bank For Agriculture and Rural Development** INE261F16AD1	CRISIL A1+	2.70%
8.97% Government of India IN0020110055	SOVEREIGN	2.53%
7.54% Knowledge Realty Trust** INE1JAR07028	CRISIL AAA	2.49%
8.71% GMR Hyderabad International Airport Limited** INE802J07027	ICRA AA+	2.36%
7.35% Export Import Bank of India** INE514E08GE8	CRISIL AAA	2.35%
8.54% REC Limited** INE020B08BE3	CRISIL AAA	2.08%
8.37% State Government Securities IN2120180095	SOVEREIGN	2.01%
6.92% Indian Railway Finance Corporation Limited** INE053F08122	CRISIL AAA	1.82%
7.83% Small Industries Dev Bank of India** INE556F08KL3	CRISIL AAA	1.81%
Triparty Repo	–	1.80%
Net Current Assets	–	1.78%
8.37% REC Limited** INE020B08BH6	CRISIL AAA	1.68%
Jubilant Beverages Limited** INE1D4O08012	CRISIL AA	1.67%
7.95% Government of India IN0020020106	SOVEREIGN	1.64%
8.25% Mahindra & Mahindra Financial Services Limited** INE774D07VM4	CRISIL AAA	1.57%
7.46% REC Limited** INE020B08EK4	CRISIL AAA	1.57%
7.9% HDB Financial Services Limited** INE756I07FR2	CRISIL AAA	1.56%
7.83% Bajaj Housing Finance Limited** INE377Y07649	CRISIL AAA	1.56%
7.53% Bajaj Housing Finance Limited INE377Y07672	CRISIL AAA	1.54%
Siddhivinayak Securitisation Trust** INE2I7F15012	CRISIL AAA(SO)	1.50%
6.92% Power Finance Corporation Limited** INE134E08OA7	CRISIL AAA	1.48%
6.75% Piramal Finance Limited INE516Y07444	ICRA AA+	1.37%
JTPM Metal Traders Limited** INE02PE08036	CRISIL AA	1.27%
7.74% Power Finance Corporation Limited** INE134E08JI0	CRISIL AAA	1.26%
7.87% Summit Digitel Infrastructure Limited** INE507T07146	CRISIL AAA	1.18%
7.55% Poonawalla Fincorp Limited** INE511C07946	CRISIL AAA	1.18%
8.6% Muthoot Finance Limited** INE414G07JM5	CRISIL AA+	1.17%
7.68% National Bank For Agriculture and Rural Development** INE261F08EG3	CRISIL AAA	1.17%
7.48% National Bank For Agriculture and Rural Development INE261F08EO7	CRISIL AAA	1.17%
7.49% Small Industries Dev Bank of India** INE556F08KX8	CRISIL AAA	1.17%
7.7% Nuvoco Vistas Corporation Limited INE118D08078	CRISIL AA	1.17%
6.93% Cube Highways Trust-InvIT Fund** INE0NR607074	ICRA AAA	1.15%
6.85% National Bank For Agriculture and Rural Development INE261F08EQ2	ICRA AAA	1.15%
Liquid Gold Series** INE2R5L15013	CRISIL AAA(SO)	1.06%
9.25% Truhome Finance Limited** INE432R07414	CRISIL AA	1.03%
7.24% State Government Securities IN1320250070	SOVEREIGN	1.02%
8.65% Muthoot Finance Limited** INE414G07JL7	CRISIL AA+	0.94%
8% Bajaj Finance Limited** INE296A07TX5	CRISIL AAA	0.93%
7.44% National Bank For Agriculture and Rural Development INE261F08EU4	CRISIL AAA	0.86%
8.55% REC Limited** INE020B08BA1	CRISIL AAA	0.80%
8.01% REC Limited** INE020B08AY3	CRISIL AAA	0.79%
7.96% Mindspace Business Parks REIT** INE0CCU07116	CRISIL AAA	0.79%
7.23% State Government Securities IN1520190118	SOVEREIGN	0.78%
7.88% ICICI Home Finance Company Limited** INE071G07579	CRISIL AAA	0.78%
8.25% Bajaj Housing Finance Limited INE377Y07656	CRISIL AAA	0.78%
7.53% National Bank For Agriculture and Rural Development INE261F08EM1	ICRA AAA	0.78%
8.2% RJ Corp Limited** INE460K08079	CRISIL AAA	0.78%
7.7% Small Industries Dev Bank of India** INE556F08LH9	CRISIL AAA	0.78%
7.22% Small Industries Dev Bank of India INE556F08LC0	CRISIL AAA	0.77%
7.06% Brookfield India Real Estate Trust** INE0FDU07018	CRISIL AAA	0.77%
7.45% Bharti Telecom Limited** INE403D08280	CRISIL AAA	0.77%
7.12% Export Import Bank of India** INE514E08GF5	CRISIL AAA	0.77%
5.77% Government of India IN0020200153	SOVEREIGN	0.76%
6.78% Indian Railway Finance Corporation Limited** INE053F08494	CRISIL AAA	0.76%
7.32% Government of India IN0020230135	SOVEREIGN	0.72%
8.12% Aditya Birla Housing Finance Limited** INE831R07458	ICRA AAA	0.71%
Vajra Trust** INE2XU215010	ICRA AAA(SO)	0.71%
7.75% Bharti Telecom Limited** INE403D08314	CRISIL AAA	0.62%
8.15% Tata Capital Limited** INE976I07DF6	CRISIL AAA	0.55%
Dhruva XXIII** INE14ZT15025	ICRA AAA(SO)	0.55%
7.05% State Government Securities IN2020190210	SOVEREIGN	0.54%
6.64% Power Finance Corporation Limited** INE134E08NR3	CRISIL AAA	0.53%
7.27% State Government Securities IN2220190101	SOVEREIGN	0.52%
7.7% REC Limited** INE020B08AQ9	CRISIL AAA	0.47%
7.85% Aditya Birla Housing Finance Limited** INE831R07516	CRISIL AAA	0.47%
7.64% Bajaj Housing Finance Limited INE377Y07664	CRISIL AAA	0.44%
7.68% State Government Securities IN1520220238	SOVEREIGN	0.40%
7.09% State Government Securities IN1920190213	SOVEREIGN	0.39%
7.03% State Government Securities IN3320190231	SOVEREIGN	0.39%
7.77% Power Finance Corporation Limited** INE134E08MJ2	CRISIL AAA	0.39%
7.89% Summit Digitel Infrastructure Limited** INE507T07138	CRISIL AAA	0.39%
7.55% REC Limited** INE020B08EA5	CRISIL AAA	0.39%
7.63% National Bank For Agriculture and Rural Development** INE261F08EC2	CRISIL AAA	0.39%
7.31% ICICI Home Finance Company Limited** INE071G07819	ICRA AAA	0.39%
7.77% Bajaj Finance Limited** INE296A07TW7	CRISIL AAA	0.39%
6.61% Power Finance Corporation Limited** INE134E08NS1	CRISIL AAA	0.39%
6.87% REC Limited** INE020B08FU0	ICRA AAA	0.38%
7.9% Truhome Finance Limited** INE432R07489	FITCH AA	0.37%
8.2% The Federal Bank Limited** INE171A08032	CARE AA+	0.26%
7.47% Small Industries Dev Bank of India** INE556F08KR0	CRISIL AAA	0.23%
7.17% State Government Securities IN1520190183	SOVEREIGN	0.19%
7.03% State Government Securities IN3120210361	SOVEREIGN	0.16%
7.96% HDB Financial Services Limited** INE756I07FB6	CRISIL AAA	0.16%
7.35% National Highways Authority Of India** INE906B07HP8	CRISIL AAA	0.16%
9.18% Nuclear Power Corporation Of India Limited** INE206D08204	CRISIL AAA	0.08%
7.45% Power Finance Corporation Limited** INE134E08NP7	CRISIL AAA	0.08%
7.39% State Government Securities IN1620230020	SOVEREIGN	0.06%
7.04% Government of India IN0020240050	SOVEREIGN	0.05%
8.09% REC Limited** INE020B08AX5	CRISIL AAA	0.04%
7.7% State Government Securities IN1020220696	SOVEREIGN	0.03%
Cash Margin - CCIL	–	0.02%
8.62% State Government Securities IN1620180050	SOVEREIGN	0.01%

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From the fund house's monthly portfolio (mf.nipponindiaim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.3%yearly, from daily NAVs

Worst fall-0.72%31 Mar 2022 → 31 May 2022

RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹6,880 cr across all plans · this plan ₹1.14 cr
Fund house	Nippon India Mutual Fund
Category	Debt · Short Duration
Plan	Direct
Option	IDCW
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	125269
ISIN	INF204KA1ES0
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹61.8557	+4.90%
Direct · IDCW	₹11.8041	+0.58%
Direct · IDCW	₹15.2665	-1.00%
Regular · Growth	₹56.4993	+4.32%
Regular · IDCW	₹11.5770	+0.51%
Regular · IDCW	₹14.8954	-1.06%
Regular · IDCW	₹22.9805	+4.32%

Top Short Duration funds (direct plans)

Fund	1 year	3 years (a year)
Bandhan Short Term Fund	+5.68%	+7.68%
ICICI Prudential Short Term Fund	+5.55%	+7.68%
Mahindra Manulife Short Term Fund	+5.38%	+7.68%
Nippon India Short Term Fund	+4.90%	+7.61%
Aditya Birla Sun Life Short Term Fund	+4.96%	+7.57%
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)	+4.95%	+7.44%
LIC MF Short Term Fund	+4.89%	+7.43%
HDFC Short Term Fund	+4.78%	+7.41%

All Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Nippon India Short Term Fund - Direct Plan - IDCW today?

₹25.1384 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Nippon India Short Term Fund - Direct Plan - IDCW?

1 year: 4.90%, 3 years: 7.61% a year, 5 years: 6.74% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.