Nippon India Short Term Fund
Short DurationModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹56.26-0.15%1 day
- Return since launch
- 7.5%
- 52-week range
- ₹53.58 — ₹56.37
- AUM
- ₹6,557 Cr
Nippon India Short Term Fund is a Short Duration debt fund from Nippon India Mutual Fund with ₹6,557 Cr under management, launched in 2002. Over three years it has returned 6.4% a year, against 6.7% for its category. The expense ratio is 0.94% and the SEBI riskometer reading is Moderate.
Performance
Nippon India Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.0% against +4.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.8% | +0.1 pts | 4.8% | 4.9% |
| 2Y | 5.7% | +0.2 pts | 5.5% | 5.6% |
| 3Y | 6.4% | −0.3 pts | 6.7% | 6.3% |
| 5Y | 6.6% | +0.5 pts | 6.1% | 6.4% |
| 7Y | 6.3% | +0.1 pts | 6.3% | 6.1% |
| 10Y | 6.5% | +0.2 pts | 6.3% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | 0.0 pts | 0.1% | 0.1% |
| 3M | 0.8% | −0.1 pts | 0.8% | 0.8% |
| 6M | 2.9% | 0.0 pts | 2.9% | 3.0% |
| 1Y | 5.0% | +0.2 pts | 4.8% | 4.9% |
| 2Y | 6.6% | +0.3 pts | 6.3% | 6.3% |
| 3Y | 7.0% | +0.3 pts | 6.7% | 6.8% |
| 5Y | 6.0% | −0.1 pts | 6.1% | 5.8% |
| 7Y | 6.5% | +0.1 pts | 6.4% | 6.2% |
| 10Y | 6.6% | +0.3 pts | 6.3% | 6.4% |
Since launch (9 Dec 2002): 7.5%
Calendar-year returns
Category average9.5%
4.4%
3.2%
6.8%
7.9%
7.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.9% | −0.2 pts | 8.1% |
| 2024 | 7.9% | −0.4 pts | 8.3% |
| 2023 | 6.8% | −0.5 pts | 7.3% |
| 2022 | 3.2% | −1.8 pts | 5.0% |
| 2021 | 4.4% | −0.1 pts | 4.5% |
| 2020 | 9.5% | −0.3 pts | 9.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.95%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.14%
- Exit load
- Exit load of 0.25% if redeemed within 1 month
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Short Duration Debt A-II Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.81 | 0.94 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.28 | 1.59 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.46 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt90.4%
- Other9.6%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.04% | ₹659 Cr | +1.90% | +1.65% | +1.30% |
| Shivshakti Securitisation Trust | Others | 3.33% | ₹219 Cr | +3.02% | +2.69% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.13% | ₹205 Cr | +3.69% | +3.27% | +3.09% |
| Siddhivinayak Securitisation Trust | Others | 2.98% | ₹195 Cr | +2.69% | +2.39% | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 2.67% | ₹175 Cr | +2.76% | +2.42% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 2.54% | ₹166 Cr | +3.20% | +2.84% | +3.34% |
| GOI | Sovereign | 2.49% | ₹163 Cr | +1.70% | +5.53% | +5.60% |
| Knowledge Realty Trust | Construction | 2.43% | ₹159 Cr | +2.19% | +1.92% | — |
| Bajaj Housing Finance Ltd. | Financial | 2.29% | ₹150 Cr | +0.68% | +0.60% | +3.92% |
| Export-Import Bank Of India | Financial | 2.29% | ₹150 Cr | +2.06% | +1.81% | +0.80% |
| National Bank For Agriculture & Rural Development | Financial | 2.28% | ₹150 Cr | +2.06% | +1.82% | +0.56% |
| Aditya Birla Housing Finance Ltd. | Financial | 2.06% | ₹135 Cr | +0.68% | +0.60% | +4.54% |
| Muthoot Finance Ltd. | Financial | 2.05% | ₹135 Cr | +2.06% | +0.86% | +0.80% |
| Power Finance Corporation Ltd. | Financial | 1.68% | ₹110 Cr | +4.35% | +3.81% | +3.60% |
| Jubilant Beverages Ltd. | Consumer Staples | 1.61% | ₹106 Cr | +1.42% | +1.23% | +1.11% |
| REC Ltd. | Financial | 1.61% | ₹105 Cr | +1.23% | +1.08% | +1.02% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 1.53% | ₹100 Cr | +2.06% | +1.82% | +1.72% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.52% | ₹99.82 Cr | +0.07% | +0.91% | +0.86% |
| Piramal Finance Ltd. | Financial | 1.38% | ₹90.67 Cr | +1.31% | +1.14% | +1.13% |
| Bajaj Finance Ltd. | Financial | 1.29% | ₹84.56 Cr | +0.14% | — | +1.12% |
| JTPM Metal Traders Ltd. | Metals & Mining | 1.23% | ₹80.85 Cr | +1.09% | +0.93% | — |
| Truhome Finance Ltd. | Financial | 1.15% | ₹75.56 Cr | +1.04% | +0.92% | +0.86% |
| Poonawalla Fincorp Ltd. | Financial | 1.14% | ₹74.84 Cr | +0.96% | +0.90% | +0.84% |
| Cube Highways Trust | Services | 1.13% | ₹73.80 Cr | +1.01% | — | — |
| Nuvoco Vistas Corporation Ltd. | Materials | 1.13% | ₹74.00 Cr | +1.02% | +1.72% | — |
| Liquid Gold Series 7 | Others | 1.05% | ₹68.77 Cr | +1.12% | +1.19% | — |
| Bihar State | Others | 1.00% | ₹65.42 Cr | +0.89% | +0.79% | — |
| Uttar Pradesh State | Others | 0.78% | ₹51.23 Cr | +2.10% | +2.80% | +1.17% |
| Mindspace Business Parks REIT | Construction | 0.77% | ₹50.30 Cr | +0.69% | +0.61% | +0.57% |
| ICICI Home Finance Company Ltd. | Financial | 0.76% | ₹50.05 Cr | +0.69% | +0.60% | +0.28% |
| Brookfield India Real Estate Trust REIT | Construction | 0.75% | ₹49.32 Cr | +0.68% | +0.59% | — |
| Rajasthan State | Others | 0.75% | ₹49.09 Cr | +0.67% | +0.59% | +0.55% |
| Vajra Trust | Others | 0.72% | ₹47.29 Cr | — | — | — |
| Tamilnadu State | Others | 0.70% | ₹45.84 Cr | +0.63% | +0.56% | +0.11% |
| Bharti Telecom Ltd. | Communication | 0.61% | ₹39.72 Cr | +0.35% | — | — |
| Dhruva Trust | Others | 0.60% | ₹39.17 Cr | +0.69% | +0.62% | +0.62% |
| Kerala State | Others | 0.53% | ₹34.88 Cr | +0.48% | +0.37% | — |
| Tata Capital Ltd. | Financial | 0.53% | ₹35.07 Cr | — | — | — |
| Maharashtra State | Others | 0.51% | ₹33.30 Cr | +0.46% | +0.40% | +0.61% |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.47% | ₹31.11 Cr | +0.43% | — | — |
| Gujarat State | Construction | 0.39% | ₹25.44 Cr | +0.35% | +0.31% | +0.06% |
| Chhattisgarh State | Others | 0.38% | ₹25.17 Cr | +0.34% | +0.30% | +0.85% |
| Karnataka State | Others | 0.38% | ₹25.00 Cr | +0.34% | +3.04% | +1.12% |
| The Federal Bank Ltd. | Financial | 0.25% | ₹16.62 Cr | +0.23% | +0.20% | +0.19% |
| HDB Financial Services Ltd. | Financial | 0.15% | ₹9.99 Cr | — | — | — |
| National Highways Authority of India Ltd. | Services | 0.15% | ₹9.98 Cr | +0.14% | +0.12% | +0.11% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.08% | ₹5.12 Cr | +0.07% | — | — |
| Andhra Pradesh State | Financial | 0.03% | ₹2.03 Cr | — | +1.18% | +1.10% |
| Haryana State | Others | 0.01% | ₹0.90 Cr | +0.65% | +0.57% | +0.54% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Piramal Finance Ltd. | 0.28% | 1.38% | +1.10% |
| Andhra Pradesh State | 1.05% | 0.03% | -1.02% |
| Haryana State | 0.66% | 0.01% | -0.65% |
| Telangana State Industrial Infrastructure Corporation Ltd. | 0.42% | 0.00% | -0.42% |
| Shivshakti Securitisation Trust | 3.06% | 3.33% | +0.27% |
| Poonawalla Fincorp Ltd. | 1.39% | 1.14% | -0.25% |
| Siddhivinayak Securitisation Trust | 2.73% | 2.98% | +0.25% |
| GOI | 2.28% | 2.49% | +0.21% |
| Knowledge Realty Trust | 2.23% | 2.43% | +0.20% |
| Maharashtra State | 0.71% | 0.51% | -0.20% |
| Export-Import Bank Of India | 2.10% | 2.29% | +0.19% |
| Tata Capital Ltd. | 0.70% | 0.53% | -0.17% |
| Gujarat State | 0.55% | 0.39% | -0.16% |
| Indian Railway Finance Corporation Ltd. | 1.65% | 1.79% | +0.14% |
| Jubilant Beverages Ltd. | 1.47% | 1.61% | +0.14% |
| 360 ONE Wealth Ltd. | 0.14% | 0.00% | -0.14% |
| Cholamandalam Investment and Finance Company Ltd. | 1.39% | 1.52% | +0.13% |
| Mahindra & Mahindra Financial Services Ltd. | 1.40% | 1.53% | +0.13% |
| Bajaj Housing Finance Ltd. | 1.40% | 1.52% | +0.12% |
| JTPM Metal Traders Ltd. | 1.12% | 1.23% | +0.11% |
| Cube Highways Trust | 1.03% | 1.13% | +0.10% |
| Muthoot Finance Ltd. | 1.04% | 1.14% | +0.10% |
| Nuvoco Vistas Corporation Ltd. | 1.03% | 1.13% | +0.10% |
| Power Finance Corporation Ltd. | 1.12% | 1.22% | +0.10% |
| Summit Digitel Infrastructure Pvt. Ltd. | 1.05% | 1.15% | +0.10% |
| Truhome Finance Ltd. | 1.05% | 1.15% | +0.10% |
| Bihar State | 0.91% | 1.00% | +0.09% |
| National Bank For Agriculture & Rural Development | 1.05% | 1.14% | +0.09% |
| Mindspace Business Parks REIT | 0.70% | 0.77% | +0.07% |
| Brookfield India Real Estate Trust REIT | 0.69% | 0.75% | +0.06% |
| ICICI Home Finance Company Ltd. | 0.70% | 0.76% | +0.06% |
| Rajasthan State | 0.69% | 0.75% | +0.06% |
| Uttar Pradesh State | 0.72% | 0.78% | +0.06% |
| Aditya Birla Housing Finance Ltd. | 0.63% | 0.69% | +0.06% |
| Bharti Telecom Ltd. | 0.55% | 0.61% | +0.06% |
| Tamilnadu State | 0.64% | 0.70% | +0.06% |
| Kerala State | 0.49% | 0.53% | +0.04% |
| Liquid Gold Series 7 | 1.01% | 1.05% | +0.04% |
| REC Ltd. | 0.42% | 0.46% | +0.04% |
| Mahindra Rural Housing Finance Ltd. | 0.43% | 0.47% | +0.04% |
| Others | 0.39% | 0.43% | +0.04% |
| Bajaj Finance Ltd. | 0.35% | 0.38% | +0.03% |
| Chhattisgarh State | 0.35% | 0.38% | +0.03% |
| Karnataka State | 0.35% | 0.38% | +0.03% |
| Vajra Trust | 0.69% | 0.72% | +0.03% |
| Small Industries Devp. Bank of India Ltd. | 0.21% | 0.23% | +0.02% |
| India Universal Trust AL1 | 0.02% | 0.00% | -0.02% |
| The Federal Bank Ltd. | 0.23% | 0.25% | +0.02% |
| Dhruva Trust | 0.61% | 0.60% | -0.01% |
| Nuclear Power Corpn. Of India Ltd. | 0.07% | 0.08% | +0.01% |
| HDB Financial Services Ltd. | 0.14% | 0.15% | +0.01% |
| National Highways Authority of India Ltd. | 0.14% | 0.15% | +0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹11,181 Cr | 0.91% | 5.2% | 6.6% | 6.7% |
 ICICI Prudential Short Term Fund | ₹19,403 Cr | 1.05% | 5.3% | 6.6% | 6.9% |
 HDFC Short Term Fund | ₹14,486 Cr | 0.72% | 4.9% | 6.5% | 6.7% |
 Bandhan Short Term Fund | ₹8,731 Cr | 0.87% | 5.9% | 6.7% | 6.7% |
 Axis Short Term Fund | ₹7,501 Cr | 0.93% | 5.2% | 6.7% | 6.7% |
 Aditya Birla Sun Life Short Term Fund | ₹5,782 Cr | 0.96% | 4.9% | 6.4% | 6.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Sushil Hari Prasad BudhiaMr. Budhia has done CAPrior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
- Vivek SharmaMr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).He has been associated with Nippon India Mutual Fund since 2006.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.90% absolute | ₹60,000 | ₹61,740 | 2.90% | |
| 1 year4.95% annualised | ₹1,20,000 | ₹1,23,267 | 2.72% | |
| 3 years7.02% annualised | ₹3,60,000 | ₹4,01,758 | 11.60% | |
| 5 years5.98% annualised | ₹6,00,000 | ₹7,00,817 | 16.80% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Nippon India Short Term Fund?
The NAV of Nippon India Short Term Fund is ₹56.26 as on 24 Sep 2026.
What is the expense ratio of Nippon India Short Term Fund?
The expense ratio of Nippon India Short Term Fund is 0.94% per year.
What is the minimum SIP amount for Nippon India Short Term Fund?
You can start a SIP in Nippon India Short Term Fund with ₹3,000 a month.
What returns has Nippon India Short Term Fund given?
Nippon India Short Term Fund has returned 4.8% over 1 year, 6.4% over 3 years and 6.6% over 5 years (annualised).
Is there a lock-in or exit load on Nippon India Short Term Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 1 month.
How risky is Nippon India Short Term Fund?
Nippon India Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Short Duration category.
Which fund house manages Nippon India Short Term Fund?
Nippon India Short Term Fund is managed by Nippon India Mutual Fund, which runs 75 schemes with ₹7,67,506 Cr under management.