Nippon India Ultra Short Term Fund Direct-Growth
Debt: Ultra Short Term - Growth (Open ended) Factsheet
SEBI Riskometer: ModerateCategory: Debt: Ultra Short TermBenchmark: CRISIL Ultra Short Duration Debt A-I IndexCheck Portfolio Overlap →
NAV: ₹4,819.26+0.06%
07 Sept 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Nippon India Ultra Short Term Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 93.75% | 97.37% | 94.38% | 92.07% | 101.84% | 93.91% |
| Others (incl. cash) | 6.27% | 2.63% | 5.62% | 7.93% | -1.84% | 6.07% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
114
Top Holding %
6.27%
Top 5 Holdings %
17.31%
Top 10 Holdings %
27.82%
Modified Duration
0.45 yrs
Avg. Maturity
0.59 yrs
Yield to Maturity
7.35%
AUM
₹11,659 Cr
Expense Ratio
0.34%
Since Inception
7.23%
Max Drawdown
-0.05%
Sharpe Ratio
4.03
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Reserve Bank of India | Financial | 4,00,00,000 | 398.53 | 3.42% | -0.47%↓ |
| Nirma Ltd. | Consumer Staples | 34,600 | 346.9 | 2.98% | -0.43%↓ |
| Punjab National Bank | Financial | 6,000 | 289.74 | 2.49% | -0.34%↓ |
| Aditya Birla Renewables Ltd. | Energy | 25,000 | 250.71 | 2.15% | 1.17%↑ |
| Small Industries Devp. Bank of India Ltd. | Financial | 5,300 | 249.57 | 2.14% | 0.17%↑ |
| Reserve Bank of India | Financial | 2,50,00,000 | 248.58 | 2.13% | -0.30%↓ |
| Indian Bank | Financial | 5,000 | 246.03 | 2.11% | -0.29%↓ |
| Vedanta Ltd. | Metals & Mining | 24,000 | 241.02 | 2.07% | -0.29%↓ |
| IndiGrid Infrastructure Trust | Capital Goods | 2,400 | 239.92 | 2.06% | -0.29%↓ |
| AU Small Finance Bank Ltd. | Financial | 4,500 | 223.06 | 1.91% | -0.51%↓ |
| HDFC Bank Ltd. | Financial | 4,500 | 220.98 | 1.90% | -0.25%↓ |
| Embassy Office Parks REIT | Construction | 2,000 | 199.72 | 1.71% | -0.25%↓ |
| IIFL Home Finance Ltd. | Financial | 4,000 | 198.05 | 1.70% | -0.23%↓ |
| HDFC Bank Ltd. | Financial | 4,000 | 198.2 | 1.70% | -0.23%↓ |
| Axis Bank Ltd. | Financial | 4,000 | 195.69 | 1.68% | -0.23%↓ |
| Axis Bank Ltd. | Financial | 4,000 | 192.38 | 1.65% | -0.23%↓ |
| National Bank For Agriculture & Rural Development | Financial | 4,000 | 192.56 | 1.65% | -0.23%↓ |
| National Bank For Agriculture & Rural Development | Financial | 4,000 | 191.53 | 1.64% | -0.23%↓ |
| REC Ltd. | Financial | 19,000 | 190.29 | 1.63% | 1.38%↑ |
| Tata Capital Housing Finance Ltd. | Financial | 1,750 | 175.73 | 1.51% | - |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| A1+ | 39.18% | 43.99% |
| AA | 17.97% | 2.77% |
| AAA | 16.80% | 13.14% |
| AA+ | 7.68% | 4.35% |
| SOV | 6.95% | 11.04% |
| Cash & Call Money | 6.27% | 14.15% |
| AA- | 4.87% | 0.59% |
| Others | 0.28% | 1.03% |
| A | - | 0.01% |
| A+ | - | 0.01% |
| BBB | - | 1.64% |
| Cash | - | -0.09% |
| D | - | 1.10% |
| Term Deposits | - | 0.01% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Reserve Bank of India | Treasury Bills | 0.00% | 182-D 27/08/2026 | SOV | 3.42% |
| Nirma Ltd. | Debenture | 8.50% | 07/04/2027 | CRISIL AA | 2.98% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 04/02/2027 | CRISIL A1+ | 2.49% |
| Aditya Birla Renewables Ltd. | Bonds/NCDs | 8.60% | 24/09/2027 | CRISIL AA | 2.15% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 11/06/2027 | CRISIL A1+ | 2.14% |
| Reserve Bank of India | Treasury Bills | 0.00% | 182-D 10/09/2026 | SOV | 2.13% |
| Indian Bank | Certificate of Deposit | 0.00% | 27/10/2026 | CRISIL A1+ | 2.11% |
| Vedanta Ltd. | Debenture | 9.40% | 20/02/2027 | ICRA AA+ | 2.07% |
| IndiGrid Infrastructure Trust | Non Convertible Debenture | 6.72% | 14/09/2026 | CRISIL AAA | 2.06% |
| AU Small Finance Bank Ltd. | Certificate of Deposit | 0.00% | 18/09/2026 | CARE A1+ | 1.91% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 06/11/2026 | CARE A1+ | 1.90% |
| Embassy Office Parks REIT | Debenture | 7.35% | 05/04/2027 | CRISIL AAA | 1.71% |
| IIFL Home Finance Ltd. | Commercial Paper | 0.00% | 131-D 15/09/2026 | CRISIL A1+ | 1.70% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 21/09/2026 | CRISIL A1+ | 1.70% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 26/11/2026 | CRISIL A1+ | 1.68% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 17/02/2027 | CRISIL A1+ | 1.65% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 26/02/2027 | CRISIL A1+ | 1.65% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 18/03/2027 | CRISIL A1+ | 1.64% |
| REC Ltd. | Debenture | 7.59% | 31/05/2027 | CRISIL AAA | 1.63% |
| Tata Capital Housing Finance Ltd. | Bonds | 0.00% | 03/11/2027 | CRISIL AAA | 1.51% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/02/2027 | CRISIL A1+ | 1.45% |
| Aadhar Housing Finance Ltd | Non Convertible Debenture | 8.50% | 17/08/2026 | ICRA AA | 1.42% |
| Piramal Finance Ltd. | Debenture | 9.15% | 17/06/2027 | CARE AA+ | 1.34% |
| Nuvama Wealth and Investment Limited | Non Convertible Debenture | 8.95% | 10/09/2027 | CARE AA | 1.29% |
| Adani Power Ltd. | Debenture | 0.00% | 27/01/2028 | CRISIL AA | 1.28% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 07/12/2026 | CRISIL A1+ | 1.26% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 14/01/2027 | CRISIL A1+ | 1.25% |
| REC Ltd. | Bonds | 7.52% | 07/11/2026 | CRISIL AAA | 1.24% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 18/02/2027 | CRISIL A1+ | 1.24% |
| 360 ONE Wealth Ltd. | Non Convertible Debenture | 8.95% | 04/06/2027 | ICRA AA | 1.20% |
| National Bank For Agriculture & Rural Development | Debenture | 7.70% | 30/09/2027 | ICRA AAA | 1.20% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Debenture | 9.40% | 18/06/2027 | CARE AA- | 1.08% |
| Aditya Birla Housing Finance Ltd. | Non Convertible Debenture | 6.70% | 22/01/2027 | ICRA AAA | 1.07% |
| Piramal Finance Pvt. Ltd. | Non Convertible Debenture | 9.30% | 07/05/2027 | CARE AA+ | 1.04% |
| Canara Bank | Certificate of Deposit | 0.00% | 02/02/2027 | CRISIL A1+ | 1.04% |
| National Bank For Agriculture & Rural Development | Bonds/NCDs | 7.83% | 30/12/2026 | CRISIL AAA | 0.99% |
| Aptus Value Housing Finance India Ltd. | Non Convertible Debenture | 8.75% | 02/04/2030 | CARE AA | 0.96% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 14/01/2027 | CRISIL A1+ | 0.91% |
| Nuvama Wealth Finance Ltd. | Non Convertible Debenture | 0.00% | 11/06/2027 | CARE AA | 0.86% |
| 360 ONE Wealth Ltd. | Debenture | 0.00% | 25/07/2028 | ICRA AA | 0.86% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 16/09/2026 | FITCH A1+ | 0.85% |
| L&T Metro Rail (Hyderabad) Ltd. | Non Convertible Debenture | 6.68% | 30/04/2027 | CRISIL AAA(CE) | 0.85% |
| Muthoot Fincorp Ltd. | Commercial Paper | 0.00% | 364-D 03/11/2026 | CRISIL A1+ | 0.84% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 27/10/2026 | CARE A1+ | 0.84% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 27/11/2026 | CRISIL A1+ | 0.84% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 08/01/2027 | CARE A1+ | 0.83% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 02/03/2027 | CRISIL A1+ | 0.82% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 12/03/2027 | CARE A1+ | 0.82% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 0.82% |
| Incred Financial Services Ltd. | Non Convertible Debenture | 0.00% | 24/12/2027 | CRISIL AA- | 0.81% |
| Granger Trust | Securitised Debt | 0.00% | 0 | CARE AA(SO) | 0.78% |
| Andhra Pradesh State Beverages Corporation Ltd. | Bonds | 9.15% | 30/11/2027 | FITCH AA(CE) | 0.78% |
| SK Finance Ltd. | Non Convertible Debenture | 9.25% | 24/10/2027 | ICRA AA- | 0.73% |
| Nuvama Wealth and Investment Limited | Non Convertible Debenture | 9.50% | 25/03/2027 | CARE AA | 0.69% |
| Incred Financial Services Ltd. | Non Convertible Debenture | 8.90% | 17/03/2028 | CRISIL AA- | 0.64% |
| Summit Digitel Infrastructure Pvt. Ltd. | Non Convertible Debenture | 8.19% | 01/11/2026 | CRISIL AAA | 0.64% |
| REC Ltd. | Non Convertible Debenture | 7.64% | 30/04/2027 | ICRA AAA | 0.64% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 05/02/2027 | CRISIL A1+ | 0.62% |
| Adani Transmission Step-Two Ltd. | Debenture | 7.70% | 30/09/2027 | CRISIL AA+ | 0.62% |
| Adani Transmission Step-Two Ltd. | Debenture | 7.70% | 30/09/2028 | CRISIL AA+ | 0.60% |
| Ess Kay Fincorp Ltd. | Non Convertible Debenture | 9.25% | 09/05/2027 | ICRA AA- | 0.54% |
| West Bengal State | State Development Loan | 7.29% | 28/12/2026 | SOV | 0.45% |
| Andhra Pradesh State Beverages Corporation Ltd. | Bonds | 9.15% | 18/12/2026 | FITCH AA(CE) | 0.43% |
| Fullerton India Home Finance Ltd. | Non Convertible Debenture | 8.35% | 15/01/2027 | CRISIL AAA | 0.43% |
| Godrej Industries Ltd. | Non Convertible Debenture | 8.40% | 27/08/2027 | CRISIL AA+ | 0.43% |
| Vastu Finserve India Private Ltd. | Non Convertible Debenture | 9.25% | 28/01/2028 | ICRA AA- | 0.43% |
| Angel One Ltd. | Non Convertible Debenture | 8.75% | 25/08/2027 | ICRA AA- | 0.43% |
| Aavas Financiers Ltd. | Non Convertible Debenture | 8.42% | 15/01/2030 | CARE AA | 0.43% |
| Aditya Birla Housing Finance Ltd. | Debenture | 8.20% | 26/02/2027 | ICRA AAA | 0.43% |
| Aditya Birla Housing Finance Ltd. | Debenture | 8.10% | 22/12/2026 | ICRA AAA | 0.43% |
| Adani Transmission Step-Two Ltd. | Debenture | 7.70% | 31/12/2026 | CRISIL AA+ | 0.42% |
| Canara Bank | Certificate of Deposit | 0.00% | 08/01/2027 | CRISIL A1+ | 0.42% |
| Indian Bank | Certificate of Deposit | 0.00% | 12/01/2027 | CRISIL A1+ | 0.42% |
| Canara Bank | Certificate of Deposit | 0.00% | 04/03/2027 | CRISIL A1+ | 0.41% |
| Small Industries Devp. Bank of India Ltd. | Commercial Paper | 0.00% | 26/02/2027 | CRISIL A1+ | 0.41% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 10/02/2027 | CARE A1+ | 0.41% |
| Canara Bank | Certificate of Deposit | 0.00% | 12/03/2027 | ICRA A1+ | 0.41% |
| Muthoot Fincorp Ltd. | Commercial Paper | 0.00% | 364-D 05/02/2027 | CRISIL A1+ | 0.41% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 04/03/2027 | CRISIL A1+ | 0.41% |
| Samriddhi Trust | Securitised Debt | 0.00% | 0 | CRISIL AAA(SO) | 0.35% |
| Vedanta Ltd - Pref. Shares 7.50 | Debenture | 9.50% | 20/08/2027 | ICRA AA+ | 0.35% |
| Assam State | State Development Loan | 7.42% | 09/11/2026 | SOV | 0.34% |
| Bahadur Chand Investments Pvt. Ltd. | Debenture | 9.25% | 28/08/2028 | ICRA AA+ | 0.32% |
| IIFL Home Finance Ltd. | Non Convertible Debenture | 8.85% | 26/12/2026 | CRISIL AA | 0.30% |
| Vastu Finserve India Private Ltd. | Non Convertible Debenture | 8.95% | 03/07/2028 | CARE AA | 0.30% |
| National Bank For Agriculture & Rural Development | Debenture | 7.62% | 31/01/2028 | CRISIL AAA | 0.30% |
| Vastu Finserve India Private Ltd. | Non Convertible Debenture | 8.95% | 03/01/2029 | CARE AA | 0.29% |
| Jharkhand State | State Development Loan | 7.40% | 09/11/2026 | SOV | 0.26% |
| Telangana State Industrial Infrastructure Corporation Ltd. | Debenture | 9.35% | 31/12/2027 | FITCH AA(CE) | 0.26% |
| Indian Bank | Certificate of Deposit | 0.00% | 04/12/2026 | CRISIL A1+ | 0.25% |
| Vastu Finserve India Private Ltd. | Non Convertible Debenture | 8.75% | 23/03/2028 | CARE AA | 0.25% |
| PNB Housing Finance Ltd. | Debenture | 8.15% | 29/07/2027 | CARE AAA | 0.22% |
| Tamilnadu State | State Development Loan | 7.20% | 25/01/2027 | SOV | 0.22% |
| Muthoot Finance Ltd. | Non Convertible Debenture | 0.00% | 04/09/2029 | CRISIL AA+ | 0.21% |
| Canara Bank | Certificate of Deposit | 0.00% | 28/01/2027 | CRISIL A1+ | 0.21% |
| Goldman Sachs (India) Finance Pvt Ltd. | Non Convertible Debenture | 8.07% | 20/03/2028 | ICRA AAA | 0.21% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 15/12/2026 | FITCH A1+ | 0.21% |
| Can Fin Homes Ltd. | Debenture | 8.09% | 04/01/2027 | ICRA AAA | 0.21% |
| Vastu Finserve India Private Ltd. | Non Convertible Debenture | 9.25% | 28/07/2027 | ICRA AA- | 0.21% |
| REC Ltd. | Bonds | 7.71% | 26/02/2027 | CRISIL AAA | 0.21% |
| Nuvama Wealth and Investment Limited | Debenture | 0.00% | 23/05/2028 | CARE AA | 0.21% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 05/02/2027 | CRISIL A1+ | 0.21% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Debenture | 7.96% | 11/03/2027 | CRISIL AAA | 0.21% |
| Bahadur Chand Investments Pvt. Ltd. | Debenture | 9.25% | 01/03/2028 | ICRA AA+ | 0.21% |
| Liquid Gold Series 7 | Securitised Debt | 0.00% | 0 | CRISIL AAA(SO) | 0.17% |
| Vastu Finserve India Private Ltd. | Non Convertible Debenture | 8.75% | 23/09/2028 | CARE AA | 0.17% |
| Karnataka State | State Development Loan | 7.37% | 09/11/2026 | SOV | 0.13% |
| Truhome Finance Ltd. | Non Convertible Debenture | 8.80% | 01/12/2026 | FITCH AA | 0.08% |
| Vedanta Ltd. | Debenture | 9.45% | 05/06/2028 | CRISIL AA+ | 0.07% |
| Liquid Gold Series 7 | Securitised Debt | 0.00% | 0 | CRISIL AAA(SO) | 0.06% |
| Others | Interest Rate Swap | 0.00% | 0 | - | 0.02% |
| India Universal Trust AL1 | Securitised Debt | 0.00% | 0 | CRISIL AAA(SO) | 0.02% |
| HDB Financial Services Ltd. | Debenture | 6.35% | 11/09/2026 | CRISIL AAA | 0.01% |
| Others | Margin Money | 0.00% | 0 | - | 0.01% |
Frequently Asked Questions
What are the top holdings of Nippon India Ultra Short Term Fund Direct-Growth?
The top holdings of Nippon India Ultra Short Term Fund Direct-Growth as of 31 Jul 2026 are Others (6.27%), Reserve Bank of India (3.42%), Nirma Ltd. (2.98%), Punjab National Bank (2.49%), Aditya Birla Renewables Ltd. (2.15%). These top 5 stocks together account for 17.31% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Nippon India Ultra Short Term Fund Direct-Growth hold in its portfolio?
Nippon India Ultra Short Term Fund Direct-Growth holds 114 stocks in its portfolio as of 31 Jul 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Nippon India Ultra Short Term Fund Direct-Growth?
The sector allocation of Nippon India Ultra Short Term Fund Direct-Growth is shown in the Sector Allocation section above.
What is the equity and debt allocation of Nippon India Ultra Short Term Fund Direct-Growth?
As of 31 Jul 2026, Nippon India Ultra Short Term Fund Direct-Growth has 0.00% allocated to equity, and 93.75% to debt. You can also check the historical trends above.
What is the market cap allocation of Nippon India Ultra Short Term Fund Direct-Growth?
The market cap allocation of Nippon India Ultra Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the PE ratio of Nippon India Ultra Short Term Fund Direct-Growth's portfolio?
The portfolio PE ratio of Nippon India Ultra Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the credit quality of Nippon India Ultra Short Term Fund Direct-Growth?
As of 31 Jul 2026, Nippon India Ultra Short Term Fund Direct-Growth's debt portfolio has 16.80% in AAA-rated instruments, 17.97% in AA-rated, and 6.95% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Nippon India Ultra Short Term Fund Direct-Growth?
The latest portfolio disclosure for Nippon India Ultra Short Term Fund Direct-Growth is as of 31 Jul 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.