Nippon India Ultra Short to Short Term Fund - Monthly IDCW Option

Nippon India Ultra Short to Short Term Fund - Monthly IDCW Option is a scheme launched by Nippon Mutual Fund on March 20, 2007, and falls under the Low Duration fund category. It currently manages an AUM of Rs 7,096.48 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 500. It charges an expense ratio of 0.99% for managing the portfolio.

• Investing Strategy:

  To generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

• Performance:

  Nippon India Ultra Short to Short Term Fund - Monthly IDCW Option trailing returns over different times are -0.17% (1 year), 0.15% (3 year) and 0.16% (5 year). The average annual return of this fund stands at -0.42%.