{"id":243039,"date":"2026-09-11T10:19:41","date_gmt":"2026-09-11T04:49:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/"},"modified":"2026-09-11T10:19:41","modified_gmt":"2026-09-11T04:49:41","slug":"nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/","title":{"rendered":"Nippon India Ultra Short to Short Term Fund(B)-Direct Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-ultra-short-to-short-term-fund-b-direct-plan\">Nippon India Ultra Short to Short Term Fund(B)-Direct Plan<\/a> is an income-oriented debt fund with a current NAV of \u20b92493.7816 as of 10 Sep 2026 and scheme AUM of \u20b97,933 Cr. Its 1-year, 3-year and 5-year returns are 6.66%, 7.52% and 6.75% respectively, while the risk category is Balanced Risk. Our view is that it suits investors looking for relatively steady debt-fund compounding rather than sharp return swings, although the benchmark comparison shows that recent stability has come with better resilience than the index rather than outsized upside.<\/p>\n<p>The fund has also kept its expense ratio at 0.38% and carries no exit load, which supports cleaner holding economics for investors who stay through the cycle. The portfolio is spread across 66 disclosed holdings, with the largest positions concentrated in CDs, treasury bills and corporate debt. That mix suggests a moderate credit-and-liquidity profile within debt investing, with enough diversification to avoid extreme single-name dependence.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Should_you_BUY_or_HOLD_Nippon_India_Ultra_Short_to_Short_Term_FundB-Direct_Plan\" title=\"Should you BUY or HOLD Nippon India Ultra Short to Short Term Fund(B)-Direct Plan?\">Should you BUY or HOLD Nippon India Ultra Short to Short Term Fund(B)-Direct Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#What_is_the_current_NAV_of_Nippon_India_Ultra_Short_to_Short_Term_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Nippon India Ultra Short to Short Term Fund Direct Growth Plan?\">What is the current NAV of Nippon India Ultra Short to Short Term Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#How_has_the_fund_performed_over_1_year_3_years_and_5_years\" title=\"How has the fund performed over 1 year, 3 years and 5 years?\">How has the fund performed over 1 year, 3 years and 5 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#How_does_the_fund_compare_with_its_benchmark\" title=\"How does the fund compare with its benchmark?\">How does the fund compare with its benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#How_does_it_compare_with_the_peer_funds_shown_here\" title=\"How does it compare with the peer funds shown here?\">How does it compare with the peer funds shown here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#What_are_the_fund_manager_risk_category_and_exit_load_details\" title=\"What are the fund manager, risk category and exit load details?\">What are the fund manager, risk category and exit load details?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-ultra-short-to-short-term-fund-b-direct-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b92,493.7816 as of 10 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b97,933 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.38%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>08 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load after holding period<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Vivek Sharma<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Vivek Sharma.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.54%<\/td>\n<td>-4.06%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.91%<\/td>\n<td>1.37%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.66%<\/td>\n<td>-7.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.52%<\/td>\n<td>6.07%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.75%<\/td>\n<td>5.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is constructive. Over 1 month, the fund has stayed slightly positive while the benchmark has been weak, and over 3 months it has remained ahead of the benchmark on a simple return basis. That is useful for investors who want smoother debt-fund behaviour when broader markets are less stable.<\/p>\n<p>The 1-year figure is more striking because the fund has held a positive return while the benchmark is negative. Our view is that this shows better downside control in the recent period, even though the fund is not delivering equity-like upside and should not be read that way. The gap is meaningful because it highlights resilience, not aggressive return chasing.<\/p>\n<p>Over 3 years and 5 years, the fund remains ahead of the benchmark on the figures available here. The longer-term pattern is steadier than the benchmark and still points to consistent compounding rather than sudden jumps. The time path also suggests that the fund has experienced some short patches of softness, but the overall multi-year trend has recovered and stayed intact.<\/p>\n<p>For investors, the key takeaway is that the fund\u2019s return pattern is more balanced than dramatic. It has not relied on one very strong year to carry the story; instead, the recent and longer-term numbers both point to moderate, persistent performance.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Nippon_India_Ultra_Short_to_Short_Term_FundB-Direct_Plan\"><\/span>Should you BUY or HOLD Nippon India Ultra Short to Short Term Fund(B)-Direct Plan?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Nippon India Ultra Short to Short Term Fund(B)-Direct Plan? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-ultra-short-to-short-term-fund-g-direct-plan\">Franklin India Ultra Short to Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.7%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-ultra-short-to-short-term-fund-g-direct-plan\">Nippon India Ultra Short to Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.66%<\/td>\n<td>7.52%<\/td>\n<td>6.75%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-ultra-short-to-short-term-fund-b-direct-plan\">Nippon India Ultra Short to Short Term Fund(B)-Direct Plan<\/a><\/td>\n<td>6.66%<\/td>\n<td>7.52%<\/td>\n<td>6.75%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-ultra-short-to-short-term-fund-g-direct-plan\">Mahindra Manulife Ultra Short to Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.63%<\/td>\n<td>7.53%<\/td>\n<td>6.68%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-ultra-short-to-short-term-fund-g-direct-plan\">Tata Ultra Short to Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.62%<\/td>\n<td>7.36%<\/td>\n<td>6.51%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the latest 1-year figures, the fund sits very close to the strongest peer shown here, which tells us the recent return profile is competitive. The 3-year and 5-year figures are also broadly in line with the better multi-year numbers in this set, although Mahindra Manulife is slightly ahead on 3 years and Tata trails on both longer periods. The short-term and longer-term views therefore tell a consistent story: this is a steady, competitive debt-fund outcome rather than a standout outlier.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>HDFC Bank Limited**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>6.1%<\/td>\n<\/tr>\n<tr>\n<td>Small Industries Dev Bank of India**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.24%<\/td>\n<\/tr>\n<tr>\n<td>182 Days Tbill<\/td>\n<td>Treasury Bills<\/td>\n<td>3.46%<\/td>\n<\/tr>\n<tr>\n<td>Bank of Baroda**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.78%<\/td>\n<\/tr>\n<tr>\n<td>6.6% REC Limited**<\/td>\n<td>Corporate Debt<\/td>\n<td>2.63%<\/td>\n<\/tr>\n<tr>\n<td>7.55% Poonawalla Fincorp Limited<\/td>\n<td>Corporate Debt<\/td>\n<td>2.52%<\/td>\n<\/tr>\n<tr>\n<td>Radhakrishna Securitisation Trust**<\/td>\n<td>PTC &amp; Securitized Debt<\/td>\n<td>2.45%<\/td>\n<\/tr>\n<tr>\n<td>6.73% Power Finance Corporation Limited**<\/td>\n<td>Corporate Debt<\/td>\n<td>2.19%<\/td>\n<\/tr>\n<tr>\n<td>Muthoot Finance Limited**<\/td>\n<td>Floating Rate Instruments<\/td>\n<td>2.19%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture and Rural Development**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.15%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is HDFC Bank Limited** at 6.1%, which is sizable but not dominant on its own. The tenth holding is still above 2%, so the weight profile tapers gradually rather than collapsing after the first few names. That pattern suggests the portfolio may not be overly reliant on one security, even though the top position can still influence short-term outcomes.<\/p>\n<p>The top 10 holdings together account for approximately 30.71% of the portfolio, which points to a meaningful amount of diversification across the remaining disclosed holdings. With 66 holdings in total, the fund appears to spread exposure across a fairly long tail after the largest positions. Our view is that this can reduce single-position dependence, while still leaving the portfolio shaped by the quality and stability of the larger CD, treasury and debt positions.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-ultra-short-to-short-term-fund-b-direct-plan\">Nippon India Ultra Short to Short Term Fund(B)-Direct Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund appears suitable for investors who are comfortable with a Balanced Risk profile and want debt exposure that is more measured than market-linked equity strategies. The 1-year, 3-year and 5-year figures point to steady compounding, and the benchmark comparison shows that the fund has recently held up better than the index. That makes it more relevant for investors who value stability and consistency over fast capital appreciation.<\/p>\n<p>The trade-off is that the fund is unlikely to deliver dramatic upside, and short-term returns can still move around. A medium to longer investment horizon fits it better than a very short holding period, especially because the portfolio uses a mix of CDs, treasury bills and corporate debt rather than a simple cash-like structure. Investors need to accept moderate variation in pursuit of comparatively orderly debt-fund compounding.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load after holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Nippon_India_Ultra_Short_to_Short_Term_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Nippon India Ultra Short to Short Term Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b92493.7816 as of 10 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_over_1_year_3_years_and_5_years\"><\/span>How has the fund performed over 1 year, 3 years and 5 years?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is 6.66%, 3-year return is 7.52% and 5-year return is 6.75%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_its_benchmark\"><\/span>How does the fund compare with its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has done better than the benchmark across the displayed 1-month, 1-year, 3-year and 5-year periods, and also stayed slightly ahead over 3 months.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_shown_here\"><\/span>How does it compare with the peer funds shown here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is close to the strongest 1-year peer return shown and is broadly in line with the better multi-year figures in the comparison set. The short-term and longer-term picture both point to competitive, steady debt-fund performance.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No minimum SIP amount is stated here.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_fund_manager_risk_category_and_exit_load_details\"><\/span>What are the fund manager, risk category and exit load details?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Vivek Sharma, and its risk category is Balanced Risk. There is no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent numbers are broadly consistent with its longer-term pattern: steady, positive debt-fund compounding rather than dramatic upside. It compares well with the benchmark on the available return periods and stays competitive against the peer set shown here. The portfolio is spread across 66 holdings, with CDs, treasury bills and corporate debt forming the key building blocks. That combination makes it more relevant for investors who want measured risk and a relatively even return profile.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 11 September 2026 at 10:18 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Nippon India Ultra Short to Short Term Fund(B)-Direct Plan\",\"identifier\":\"nippon-india-ultra-short-to-short-term-fund-b-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"08 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":2493.7816,\"valueReference\":\"as of 10 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"7933 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.38\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.66},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.52},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.75},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Vivek Sharma\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Nippon India Ultra Short to Short Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b92493.7816 as of 10 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed over 1 year, 3 years and 5 years?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 6.66%, 3-year return is 7.52% and 5-year return is 6.75%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the benchmark across the displayed 1-month, 1-year, 3-year and 5-year periods, and also stayed slightly ahead over 3 months.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds shown here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is close to the strongest 1-year peer return shown and is broadly in line with the better multi-year figures in the comparison set. The short-term and longer-term picture both point to competitive, steady debt-fund performance.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No minimum SIP amount is stated here.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund manager, risk category and exit load details?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Vivek Sharma, and its risk category is Balanced Risk. There is no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nippon India Ultra Short to Short Term Fund(B)-Direct Plan shows steady debt-fund compounding with \u20b92493.7816 NAV, 6.66% 1Y return and Balanced Risk.<\/p>\n","protected":false},"author":38,"featured_media":243034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-243039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["243034"],"rank_math_title":["Nippon India Ultra Short Fund Review 2026"],"rank_math_description":["Nippon India Ultra Short to Short Term Fund(B)-Direct Plan review: \u20b92493.7816 NAV, 6.66% 1Y return and Balanced Risk."],"rank_math_focus_keyword":["Nippon India Ultra Short to Short Term Fund(B)-Direct Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Nippon_India_Ultra_Short_to_Short_Term_FundB_Direct_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/243039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=243039"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/243039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/243034"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=243039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=243039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=243039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}