MF Gyan
debtLow risk8 years oldSteady vs its 3-year pace

Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Nippon India Mutual Fund. It's been running since 21 May 2018.

Latest price per unit
₹1,091.69
▼ 0.22% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹99.9k
▼ ₹95 loss · -0.1% / year
Invested 3 years ago
₹99.9k
▼ ₹57 loss · -0.0% / year
Invested 5 years ago
₹1.00 L
▲ ₹0 gain · 0.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.80 L
Gain / loss-₹130
XIRR (annualised)-0.05%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.80 L
Projected gain*+-₹137
*at this fund's historical rate of -0.05% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 88 other funds in Income/Debt Oriented Schemes - Ultra Short Term Fund

Same plan
1-year return
-0.09%median 1.24% (-1.33%)
Rank #78 of 89Beats 7% of peers
3-year return
-0.02%median 0.74% (-0.76%)
Rank #74 of 89Beats 8% of peers
5-year return
0.00%median 1.63% (-1.63%)
Rank #66 of 89Beats 9% of peers
Bumpiness (3Y)
1.05%median 0.40% (+0.65%)
Rank #61 of 89Less risky than 29% of peers
Worst-ever drop
-5.32%median -1.09% (-4.23%)
Rank #14 of 89Less risky than 85% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 7 years were positive.

+2%
2020
+0%
2021
-0%
2022
-0%
2023
+0%
2024
-0%
2025
-0%
2026
Best year
2020 · 2.20%
Worst year
2026 · -0.12%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.1%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-5.32%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION against other debt funds.

Technical details (for the pros)
CAGR — 1 year-0.09%
CAGR — 3 years-0.02%
CAGR — 5 years0.00%
CAGR — since launch-0.01%
Volatility — 1 year (annualised)1.04%
Volatility — 3 years (annualised)1.05%
Max drawdown — 1 year-0.27%
Max drawdown — 3 years-0.34%
Sharpe ratio — 1 year (rf=6%)-5.84
Sharpe ratio — 3 years (rf=6%)-5.72

Fund info

Fund house
Nippon India Mutual Fund
Category
Income/Debt Oriented Schemes - Ultra Short Term Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
INF204K01YG5
Fund code
143501
First price on record
21 May 2018 · 2,009 daily prices

About Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION

Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION is a Income/Debt Oriented Schemes - Ultra Short Term Fund offered by Nippon India Mutual Fund under the Direct plan with the IDCW option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION is ₹1091.6900 (as of 4 Sep 2026). Historically, it has delivered -0.09% over the last year, -0.02% CAGR over 3 years, 0.00% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 5.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION?+

The latest NAV of Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION is ₹1091.6900 as of 4 Sep 2026, down 0.22% from the previous day. NAV is updated once a business day after the market close.

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

Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION has delivered 1-year return -0.09%, 3-year CAGR -0.02%, 5-year CAGR 0.00%, since-inception CAGR -0.01%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION belong to?+

Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION is categorised as Income/Debt Oriented Schemes - Ultra Short Term Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION?+

Based on its 3-year annualised volatility of 1.1%, Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION a direct plan?+

Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION?+

Nippon India Ultra Short Term Fund - Direct Plan - WEEKLY IDCW OPTION has NAV history available from 21 May 2018 — approximately 8 years of track record and 2,009 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.