Should I invest in NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option?

We don't give personal investment advice. NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.7%. 5-year CAGR: 0.28%.

Nippon India

NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option

Latest NAV

₹1,023.5445

As of

3 Jun 2026

1,944 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	+0.01%	+0.01	7 / 41	Q1
1W	+0.20%	+0.13%	+0.07	9 / 41	Q1
2W	+0.02%	+0.13%	-0.11	28 / 40	Q3
1M	+0.13%	+0.20%	-0.07	20 / 40	Q2
3M	+0.25%	+0.76%	-0.51	16 / 41	Q2
6M	+0.24%	+1.24%	-0.99	17 / 41	Q2
YTD	+0.23%	+1.17%	-0.94	20 / 41	Q2
1Y	+0.38%	-6.85%	+7.23	17 / 45	Q2
2Y	+0.34%	-7.29%	+7.63	15 / 43	Q2
3Y	+0.32%	+1.84%	-1.52	14 / 36	Q2
4Y	+0.29%	+1.91%	-1.63	12 / 31	Q2
5Y	+0.28%	+1.84%	-1.56	12 / 30	Q2
7Y	+0.50%	+1.81%	-1.31	11 / 30	Q2
10Y	—	—	—	—	—
Inception	+0.23%	-7.05%	+7.28	22 / 45	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.23%	+0.64%	-0.41	12 / 28
2025	+0.26%	+2.08%	-1.82	13 / 28
2024	+0.29%	+2.04%	-1.76	11 / 29
2023	+0.22%	+2.06%	-1.84	11 / 29
2022	+0.23%	+1.21%	-0.98	12 / 31
2021	+0.30%	-10.85%	+11.15	12 / 34
2020	+2.68%	-0.52%	+3.19	9 / 35
2019	-2.29%	+1.34%	-3.64	31 / 35
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.25%

86 windows

min -4.1% · max 4.4%

83% positive

3-Year rolling

+0.41%

62 windows

min -0.5% · max 1.6%

97% positive

5-Year rolling

+0.38%

38 windows

min 0.2% · max 1.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+0.28%

13 windows

min 0.2% · max 0.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.36%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.79%

Apr 2025 → Apr 2025

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Daily IDCW Option	HDFC	₹10.1030	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
MAGNUM INSTA CASH FUND - DAILY DIVIDEND	SBI	₹2,371.0627	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Daily IDCW	ICICI Prudential	₹10.0696	3 Jun 2026
Franklin India Ultra Short Duration Fund - IDCW	Franklin India	₹10.6803	3 Jun 2026
Kotak Floater Long-Term-Growth	Kotak Mahindra	₹45.1033	3 Jun 2026
UTI - FLOATING RATE STP - INSTN GROWTH OPTION	UTI	₹3,193.4301	3 Jun 2026
PGIM India Ultra Short Duration Fund - Daily Dividend	PGIM India	₹10.0203	3 Jun 2026
Birla Sun Life Savings Fund - Discipline Advantage Plan	Birla Sun Life	₹330.9646	3 Jun 2026
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) - Income Distribution CUM Capital Withdrawal Option (IDCW)	Sundaram	₹1,066.5205	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,023.5445
2 Jun 2026	₹1,023.3229
1 Jun 2026	₹1,023.0639
29 May 2026	₹1,022.3398
27 May 2026	₹1,021.5430
26 May 2026	₹1,021.3144
25 May 2026	₹1,022.9188
22 May 2026	₹1,022.4694
21 May 2026	₹1,022.4265
20 May 2026	₹1,022.7447

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option is ₹1,023.5445. It's a Ultra Short Duration Fund from Nippon India, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option has NAV history starting from 21 May 2018, a track record of about 8 years. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option has delivered a absolute return of 0.38% — +7.23 pp ahead of the Ultra Short Duration Fund category average of -6.85%. The fund ranks #17 of 45 in its category — the second (Q2) quartile.

Over the trailing 3-year window, NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option has delivered a CAGR of 0.32% — -1.52 pp behind the Ultra Short Duration Fund category average of 1.84%. The fund ranks #14 of 36 in its category — the second (Q2) quartile.

Over the trailing 5-year window, NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option has delivered a CAGR of 0.28% — -1.56 pp behind the Ultra Short Duration Fund category average of 1.84%. The fund ranks #12 of 30 in its category — the second (Q2) quartile.

₹1 lakh invested in NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option exactly 5 years ago would be worth approximately ₹101,411 today — a multiplier of 1.01×, based on the 5-year CAGR of 0.28%. The category average over the same window would have grown ₹1 lakh to ₹109,536.

A ₹10,000 monthly SIP in NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹604,912 today. That's an XIRR (money-weighted annualised return) of 0.32%.

NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹851,579 — XIRR 0.39%.

On a 5-year basis, NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option ranks #12 out of 30 funds in the Ultra Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.84%; this fund delivered 0.28%.

The worst peak-to-trough decline NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option has experienced over the last 5-year window is 2.68% — its NAV fell from a high on 26 Jul 2021 to a low on 13 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option averaged 0.38% (best 1.11%, worst 0.18%). 100% of rolling windows ended positive.

In calendar year 2025, NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option returned 0.26% — lagging the Ultra Short Duration Fund category average of 2.08% by 1.82 pp. It ranked #13 of 28 in its category that year.

NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. NIPPON INDIA ULTRA SHORT DURATION FUND - MONTHLY IDCW Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.7%. 5-year CAGR: 0.28%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.