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Nippon India Ultra Short to Short Term Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

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

Ultra Short DurationDirect · IDCWRisk: Low to Moderate

NAV · 6 Nov 2026

₹2,510.1671 ▲ 0.01%

Nippon India Mutual Fund

Fund size₹7,767 crJuly - September 2026

1-month range₹2,498.77 – 2,510.17

1 year+6.13%

3 years+7.41%a year

5 years+6.81%a year

What the fund does

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

BenchmarkCRISIL Low Duration Debt A-I Index

Launched20 Mar 2007

Fund houseNippon India Mutual Fund

Fund managersVivek Sharma

NAV history

Returns

1 week

+0.31%avg 0.2%

1 month

+0.38%avg 0.4%

3 months

+1.28%avg 1.1%

6 months

+3.23%avg 3.0%

This year

+5.22%avg 4.9%

1 year

+6.13%avg 5.8%

3 years (a year)

+7.41%avg 7.1%

5 years (a year)

+6.81%avg 6.5%

Bars: this plan; the thin mark is the Ultra 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	+0.7	+0.6	+0.8	+0.9	+0.9	+0.5	+0.6	+0.5	+0.5	+0.7	+0.5	+0.4
2026	+0.2	+0.7	+0.3	+0.6	+0.2	+1.2	+0.5	+0.5	+0.5	+0.2	+0.3

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

Holdings8790 lines in all

Top 10 holdings26.4%of the fund

Debt64.7%bonds, government securities

Money market21.3%CDs, CPs, treasury bills

Where the money is

Equity 5.7%Debt 64.7%Money market 21.3%Cash & others 8.3%

Credit quality (debt and money market)

AAA

48.1%

A1+

20.9%

Sovereign

7.8%

AA+

5.7%

3.4%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	5.7%	5.1%	+0.63
Debt	64.7%	63.1%	+1.59
Money market	21.3%	27.3%	-6.07
Cash & others	8.3%	4.4%	+3.84
Top 10 stocks	5.7%	5.1%	+0.63
Number of stocks	5	5	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 5

Holding	Sector / type	% of fund
360 One Prime Limited** INE248U07GJ0	ICRA AA	1.42%
Cholamandalam Investment and Finance Company Ltd** INE121A07SU3	ICRA AA+	1.41%
Muthoot Finance Limited** INE414G07JZ7	CRISIL AA+	1.41%
Muthoot Finance Limited** INE414G07KC4	CRISIL AA+	1.06%
Corporate Debt Market Development Fund Class A2 INF0RQ622028	–	0.42%

Bonds, money market and cash 85

Holding	Sector / type	% of fund
HDFC Bank Limited INE040A16IU7	CARE A1+	5.82%
Triparty Repo	–	5.15%
7.55% Poonawalla Fincorp Limited** INE511C07946	CRISIL AAA	2.81%
Radhakrishna Securitisation Trust** INE2I7H15018	CRISIL AAA(SO)	2.69%
6.6% REC Limited INE020B08FZ9	ICRA AAA	2.59%
6.73% Power Finance Corporation Limited** INE134E08NW3	CRISIL AAA	2.45%
8% Tata Capital Housing Finance Limited** INE033L07HY2	CRISIL AAA	2.11%
7.9% Truhome Finance Limited** INE432R07489	FITCH AA	2.09%
7.48% National Bank For Agriculture and Rural Development INE261F08EO7	CRISIL AAA	2.03%
Liquid Gold Series** INE2R5L15013	CRISIL AAA(SO)	1.90%
7.75% Bharti Telecom Limited** INE403D08314	CRISIL AAA	1.89%
9.31% Vedanta Limited** INE205A08046	CRISIL AA+	1.78%
7.87% IndiGrid Infrastructure Trust** INE219X07454	CRISIL AAA	1.77%
7.55% REC Limited** INE020B08FH7	CRISIL AAA	1.76%
7.31% ICICI Home Finance Company Limited** INE071G07819	ICRA AAA	1.76%
7.24% State Government Securities IN1620190190	SOVEREIGN	1.48%
8.81% GMR Hyderabad International Airport Limited** INE802J07019	ICRA AA+	1.42%
7.7% National Bank For Agriculture and Rural Development INE261F08EI9	ICRA AAA	1.41%
7.64% REC Limited** INE020B08EX7	ICRA AAA	1.41%
7.44% Small Industries Dev Bank of India INE556F08KT6	CRISIL AAA	1.40%
7.12% Tata Capital Housing Finance Limited** INE033L07IO1	CRISIL AAA	1.40%
7.22% Small Industries Dev Bank of India INE556F08LC0	CRISIL AAA	1.39%
7.06% Brookfield India Real Estate Trust** INE0FDU07018	CRISIL AAA	1.39%
8.08% Mancherial Repallewada Road Private Limited** INE08BT07025	CARE AAA	1.38%
National Bank For Agriculture and Rural Development** INE261F16AF6	ICRA A1+	1.38%
Small Industries Dev Bank of India** INE556F16CB4	CRISIL A1+	1.37%
Small Industries Dev Bank of India** INE556F16CC2	CRISIL A1+	1.37%
Jubilant Beverages Limited** INE1D4O08012	CRISIL AA	1.34%
Shivshakti Securitisation Trust** INE2I7G15010	CRISIL AAA(SO)	1.34%
Small Industries Dev Bank of India INE556F16CE8	CRISIL A1+	1.34%
Vajra Trust** INE2XU215010	ICRA AAA(SO)	1.24%
Net Current Assets	–	1.18%
8.07% State Government Securities IN2920170148	SOVEREIGN	1.14%
8.01% REC Limited** INE020B08AY3	CRISIL AAA	1.13%
7.54% Knowledge Realty Trust** INE1JAR07028	CRISIL AAA	1.12%
8.43% State Government Securities IN3320180174	SOVEREIGN	1.08%
9.45% Vedanta Limited** INE205A08053	CRISIL AA+	1.07%
8.35% SMFG India Home Finance Company Limited** INE213W07277	CRISIL AAA	1.06%
7.62% National Bank For Agriculture and Rural Development** INE261F08DV4	CRISIL AAA	1.05%
6.37% REC Limited** INE020B08FX4	ICRA AAA	1.05%
6.61% Power Finance Corporation Limited** INE134E08NS1	CRISIL AAA	1.04%
National Bank For Agriculture and Rural Development** INE261F16AH2	CRISIL A1+	1.03%
Vajra Trust** INE1ZSF15016	CRISIL AAA(SO)	1.01%
6.9% State Government Securities IN1920240026	SOVEREIGN	1.00%
8.12% Aditya Birla Capital Limited** INE860H07II7	ICRA AAA	0.99%
India Universal Trust** INE1CBK15029	CRISIL AAA(SO)	0.81%
8.94% Power Finance Corporation Limited** INE134E08FQ1	CRISIL AAA	0.79%
7.39% State Government Securities IN1620230020	SOVEREIGN	0.71%
8.28% Mancherial Repallewada Road Private Limited** INE08BT07017	CARE AAA	0.71%
7.59% REC Limited INE020B08FA2	CRISIL AAA	0.70%
HDFC Bank Limited** INE040A16HW5	CARE A1+	0.70%
Axis Bank Limited** INE238AD6BO6	CRISIL A1+	0.70%
Canara Bank INE476A16G02	CRISIL A1+	0.69%
Axis Bank Limited** INE238AD6BW9	CRISIL A1+	0.69%
Small Industries Dev Bank of India** INE556F16BV4	CRISIL A1+	0.69%
Canara Bank** INE476A16G36	CRISIL A1+	0.69%
Bank of Baroda** INE028A16LE0	CARE A1+	0.69%
Axis Bank Limited** INE238AD6CO4	CRISIL A1+	0.69%
HDFC Bank Limited** INE040A16IO0	CARE A1+	0.69%
Punjab National Bank INE160A16UV6	CRISIL A1+	0.68%
HDFC Bank Limited** INE040A16IZ6	CARE A1+	0.68%
Small Industries Dev Bank of India INE556F16CF5	CRISIL A1+	0.66%
8.62% State Government Securities IN1620180050	SOVEREIGN	0.58%
8.11% State Government Securities IN3520170041	SOVEREIGN	0.57%
7.85% Power Finance Corporation Limited** INE134E08JP5	CRISIL AAA	0.57%
7.27% State Government Securities IN1920160067	SOVEREIGN	0.49%
9% Piramal Finance Limited INE202B07JT0	ICRA AA+	0.49%
8% Tata Capital Limited** INE306N07ND0	CRISIL AAA	0.49%
Naomi** INE0WLO15020	FITCH AAA(SO)	0.47%
6.96% Power Finance Corporation Limited** INE134E08OC3	CRISIL AAA	0.36%
9.4% Vedanta Aluminium Metal Limited INE205A08038	ICRA AA+	0.35%
8.52% Muthoot Finance Limited INE414G07JO1	CRISIL AA+	0.35%
Small Industries Dev Bank of India** INE556F16BS0	CARE A1+	0.35%
364 Days Tbill IN002025Z369	–	0.35%
8.67% State Government Securities IN3320140210	SOVEREIGN	0.32%
7.92% Aditya Birla Capital Limited** INE860H07IG1	ICRA AAA	0.28%
8.9% Muthoot Finance Limited** INE414G07JB8	CRISIL AA+	0.21%
7.07% State Government Securities IN3120160152	SOVEREIGN	0.07%
7.44% REC Limited** INE020B08FR6	CRISIL AAA	0.07%
7.44% National Bank For Agriculture and Rural Development INE261F08EK5	CRISIL AAA	0.07%
7.11% Aditya Birla Housing Finance Limited** INE831R07607	CRISIL AAA	0.07%
7.67% State Government Securities IN3320170019	SOVEREIGN	0.04%
Cash Margin - CCIL	–	0.04%
7.96% HDB Financial Services Limited** INE756I07FB6	CRISIL AAA	0.03%
8.33% Aditya Birla Capital Limited** INE860H07IY4	CRISIL AAA	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

Volatility0.6%yearly, from daily NAVs

Worst fall-1.44%31 May 2019 → 28 Jun 2019

RiskometerLow to ModerateLow to Moderate

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)	₹7,767 cr across all plans · this plan ₹1.71 cr
Fund house	Nippon India Mutual Fund
Category	Debt · Ultra Short Duration
Plan	Direct
Option	IDCW
Minimum investment	Daily Income Distribution cum capital withdrawal Option - Rs.10,000 & in multiples of Re. 1 thereafter, Weekly IDCW Option - Rs.5,000 & in multiples of Re. 1 thereafter , All other Options - Rs. 500 and in multiples of Re. 1 thereafter · additional ₹100
Scheme code (AMFI)	118702
ISIN	INF204K01G03
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	₹4,321.2035	+6.13%
Direct · IDCW	₹1,012.3553	-0.35%
Direct · IDCW	₹1,041.6025	+0.05%
Direct · IDCW	₹1,020.8637	-0.84%
Direct · IDCW	₹1,014.1543	-0.20%
Direct · IDCW	₹2,285.4004	+6.13%
Regular · Growth	₹3,853.9766	+5.97%
Regular · Growth	₹4,042.6831	+5.50%
Regular · IDCW	₹2,871.0991	+5.94%
Regular · IDCW	₹1,012.2363	-0.36%
Regular · IDCW	₹1,014.1621	-0.21%
Regular · IDCW	₹2,347.2398	+5.50%
Regular · IDCW	₹1,012.2377	-0.36%
Regular · IDCW	₹1,033.1980	+0.01%
Regular · IDCW	₹1,020.0171	-0.84%
Regular · IDCW	₹1,035.1388	+0.03%
Regular · IDCW	₹1,019.9407	-0.83%
Regular · IDCW	₹1,013.9651	-0.21%
Regular · IDCW	₹2,148.9448	+5.50%

Top Ultra Short Duration funds (direct plans)

Fund	1 year	3 years (a year)
HSBC Ultra Short to Short Term Fund	+6.00%	+7.76%
Nippon India Ultra Short Term Fund	+6.87%	+7.55%
Aditya Birla Sun Life Ultra Short Term Fund	+6.44%	+7.45%
Nippon India Ultra Short to Short Term Fund	+6.13%	+7.41%
Kotak Ultra Short to Short Term Fund	+5.85%	+7.39%
ICICI Prudential Ultra Short to Short Term Fund	+6.04%	+7.38%
Mahindra Manulife Ultra Short to Short Term Fund	+6.08%	+7.38%
ICICI Prudential Ultra Short term Fund	+6.46%	+7.36%

All Ultra Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

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

₹2,510.1671 as of 6 Nov 2026, from AMFI's official NAV data.

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

1 year: 6.13%, 3 years: 7.41% a year, 5 years: 6.81% 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.