Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
As on 23 Dec 2024
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
DebtNAV
₹ 4260.98
CAGR (3 Years)
6.97%
AUM (Cr)
₹ 7,603.24
Risk
Moderate Risk
About Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt and money market instruments.
Breakdown of this Fund
Debt Others
67.55%
Derivatives - Index
0.02%
Govt. Securities
8.26%
T Bills
48.82%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.5
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.