Nippon India Short Term Fund
Short DurationModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹56.55+0.10%1 day
- Return since launch
- 7.5%
- 52-week range
- ₹54.17 — ₹56.51
- AUM
- ₹6,361 Cr
Nippon India Short Term Fund is a Short Duration debt fund from Nippon India Mutual Fund with ₹6,361 Cr under management, launched in 2002. Over three years it has returned 6.2% a year, against 6.7% for its category. The expense ratio is 0.95% 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 +4.3% against +4.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.5% | +0.2 pts | 4.3% | 4.5% |
| 2Y | 5.3% | +0.3 pts | 5.1% | 5.2% |
| 3Y | 6.2% | −0.5 pts | 6.7% | 6.0% |
| 5Y | 6.5% | +0.4 pts | 6.0% | 6.3% |
| 7Y | 6.3% | +0.1 pts | 6.2% | 6.0% |
| 10Y | 6.4% | +0.2 pts | 6.2% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | +0.1 pts | 0.5% | 0.5% |
| 3M | 0.4% | 0.0 pts | 0.4% | 0.4% |
| 6M | 2.7% | +0.1 pts | 2.6% | 2.7% |
| 1Y | 4.3% | 0.0 pts | 4.3% | 4.3% |
| 2Y | 6.4% | +0.3 pts | 6.0% | 6.2% |
| 3Y | 7.0% | +0.3 pts | 6.7% | 6.7% |
| 5Y | 6.0% | 0.0 pts | 6.0% | 5.8% |
| 7Y | 6.3% | +0.1 pts | 6.2% | 6.0% |
| 10Y | 6.5% | +0.3 pts | 6.2% | 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 31 Oct 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 | 0.69 | 0.83 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.06 | 1.36 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.54 | 1.37 | 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 30 Sep 2026
Asset allocation
- Debt96.1%
- Other3.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 4.73% | ₹301 Cr | +3.24% | +3.39% | +0.87% |
| Others | Others | 4.04% | ₹257 Cr | +1.95% | +2.05% | +1.30% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.99% | ₹254 Cr | +0.84% | +5.40% | +4.16% |
| Shivshakti Securitisation Trust | Others | 3.37% | ₹215 Cr | +3.14% | +3.33% | +2.56% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 2.75% | ₹175 Cr | +2.86% | +3.04% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 2.58% | ₹164 Cr | +3.38% | +3.52% | +3.40% |
| GOI | Sovereign | 2.53% | ₹161 Cr | +2.34% | +2.76% | +5.69% |
| Knowledge Realty Trust | Construction | 2.49% | ₹158 Cr | +2.28% | +2.40% | — |
| GMR Hyderabad International Airport Ltd. | Services | 2.36% | ₹150 Cr | — | — | — |
| Export-Import Bank Of India | Financial | 2.35% | ₹149 Cr | +2.15% | +2.26% | +0.54% |
| Bajaj Housing Finance Ltd. | Financial | 2.34% | ₹149 Cr | +2.86% | +0.74% | +0.56% |
| Muthoot Finance Ltd. | Financial | 2.11% | ₹135 Cr | +2.14% | +2.28% | +0.82% |
| Madhya Pradesh State | Others | 2.01% | ₹128 Cr | — | +1.87% | +2.34% |
| Power Finance Corporation Ltd. | Financial | 1.73% | ₹110 Cr | +3.45% | +4.77% | +3.66% |
| Jubilant Beverages Ltd. | Consumer Staples | 1.67% | ₹106 Cr | +1.49% | +1.55% | +1.13% |
| REC Ltd. | Financial | 1.65% | ₹105 Cr | +1.29% | +1.35% | +1.05% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.57% | ₹100 Cr | +1.42% | +0.84% | +0.88% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 1.57% | ₹99.82 Cr | +2.16% | +2.28% | +1.74% |
| Siddhivinayak Securitisation Trust | Others | 1.50% | ₹95.54 Cr | +2.80% | +2.97% | +2.27% |
| Piramal Finance Ltd. | Financial | 1.37% | ₹87.49 Cr | +1.36% | +1.44% | +1.08% |
| Bajaj Finance Ltd. | Financial | 1.32% | ₹83.91 Cr | +0.14% | — | +1.14% |
| JTPM Metal Traders Ltd. | Metals & Mining | 1.27% | ₹80.93 Cr | +1.14% | +1.17% | +2.27% |
| Poonawalla Fincorp Ltd. | Financial | 1.18% | ₹74.83 Cr | +0.85% | +1.13% | +0.85% |
| Nuvoco Vistas Corporation Ltd. | Materials | 1.17% | ₹74.27 Cr | +1.06% | +2.16% | — |
| Cube Highways Trust | Services | 1.15% | ₹73.48 Cr | +1.06% | — | — |
| Liquid Gold Series 7 | Others | 1.06% | ₹67.30 Cr | +1.12% | +1.41% | — |
| Truhome Finance Ltd. | Financial | 1.03% | ₹65.58 Cr | +1.08% | +1.14% | +0.87% |
| Bihar State | Others | 1.02% | ₹64.68 Cr | +0.93% | +0.97% | +0.91% |
| Mindspace Business Parks REIT | Construction | 0.79% | ₹50.01 Cr | +0.72% | +0.76% | +0.58% |
| ICICI Home Finance Company Ltd. | Financial | 0.78% | ₹49.93 Cr | +0.71% | +0.76% | +0.28% |
| RJ Corp Ltd. | Consumer Staples | 0.78% | ₹49.78 Cr | — | — | — |
| Brookfield India Real Estate Trust REIT | Construction | 0.77% | ₹49.21 Cr | +0.70% | +0.74% | — |
| Aditya Birla Housing Finance Ltd. | Financial | 0.71% | ₹44.96 Cr | +0.64% | +0.38% | +2.30% |
| Vajra Trust | Others | 0.71% | ₹45.23 Cr | — | — | — |
| Bharti Telecom Ltd. | Communication | 0.62% | ₹39.69 Cr | +0.36% | +2.63% | — |
| Dhruva Trust | Others | 0.55% | ₹34.75 Cr | +0.70% | +0.77% | +0.62% |
| Tata Capital Ltd. | Financial | 0.55% | ₹34.94 Cr | +0.72% | — | — |
| Kerala State | Others | 0.54% | ₹34.57 Cr | +0.50% | +0.52% | — |
| Maharashtra State | Others | 0.52% | ₹33.04 Cr | +0.48% | +0.50% | +0.61% |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.49% | ₹31.43 Cr | +0.44% | — | — |
| Gujarat State | Construction | 0.40% | ₹25.23 Cr | +0.36% | +0.38% | +0.29% |
| Karnataka State | Others | 0.39% | ₹24.79 Cr | +0.36% | +0.38% | +2.87% |
| Uttar Pradesh State | Others | 0.39% | ₹24.70 Cr | +0.73% | +2.32% | +2.66% |
| The Federal Bank Ltd. | Financial | 0.26% | ₹16.47 Cr | +0.24% | +0.25% | +0.19% |
| HDB Financial Services Ltd. | Financial | 0.16% | ₹9.97 Cr | — | — | — |
| National Highways Authority of India Ltd. | Services | 0.16% | ₹9.92 Cr | +0.14% | +0.15% | +0.12% |
| Tamilnadu State | Others | 0.16% | ₹9.90 Cr | +0.66% | +0.69% | +0.11% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.08% | ₹5.10 Cr | +0.07% | — | — |
| Andhra Pradesh State | Financial | 0.03% | ₹2.02 Cr | +1.07% | — | +1.12% |
| Haryana State | Others | 0.01% | ₹0.90 Cr | +0.68% | +0.72% | +0.55% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GMR Hyderabad International Airport Ltd. | 0.00% | 2.36% | +2.36% |
| Madhya Pradesh State | 0.00% | 2.01% | +2.01% |
| Siddhivinayak Securitisation Trust | 2.98% | 1.50% | -1.48% |
| RJ Corp Ltd. | 0.00% | 0.78% | +0.78% |
| company:6884 | 0.75% | 0.00% | -0.75% |
| Tamilnadu State | 0.70% | 0.16% | -0.54% |
| Uttar Pradesh State | 0.78% | 0.39% | -0.39% |
| company:13087 | 0.38% | 0.00% | -0.38% |
| National Bank For Agriculture & Rural Development | 1.14% | 0.86% | -0.28% |
| Truhome Finance Ltd. | 1.15% | 1.03% | -0.12% |
| Export-Import Bank Of India | 2.29% | 2.35% | +0.06% |
| Knowledge Realty Trust | 2.43% | 2.49% | +0.06% |
| Jubilant Beverages Ltd. | 1.61% | 1.67% | +0.06% |
| Cholamandalam Investment and Finance Company Ltd. | 1.52% | 1.57% | +0.05% |
| Dhruva Trust | 0.60% | 0.55% | -0.05% |
| Bajaj Housing Finance Ltd. | 1.52% | 1.56% | +0.04% |
| JTPM Metal Traders Ltd. | 1.23% | 1.27% | +0.04% |
| Mahindra & Mahindra Financial Services Ltd. | 1.53% | 1.57% | +0.04% |
| Nuvoco Vistas Corporation Ltd. | 1.13% | 1.17% | +0.04% |
| Poonawalla Fincorp Ltd. | 1.14% | 1.18% | +0.04% |
| Power Finance Corporation Ltd. | 1.22% | 1.26% | +0.04% |
| Shivshakti Securitisation Trust | 3.33% | 3.37% | +0.04% |
| GOI | 2.49% | 2.53% | +0.04% |
| Indian Railway Finance Corporation Ltd. | 1.79% | 1.82% | +0.03% |
| Muthoot Finance Ltd. | 1.14% | 1.17% | +0.03% |
| Summit Digitel Infrastructure Pvt. Ltd. | 1.15% | 1.18% | +0.03% |
| Aditya Birla Housing Finance Ltd. | 0.69% | 0.71% | +0.02% |
| Bihar State | 1.00% | 1.02% | +0.02% |
| Brookfield India Real Estate Trust REIT | 0.75% | 0.77% | +0.02% |
| Cube Highways Trust | 1.13% | 1.15% | +0.02% |
| ICICI Home Finance Company Ltd. | 0.76% | 0.78% | +0.02% |
| Mahindra Rural Housing Finance Ltd. | 0.47% | 0.49% | +0.02% |
| Mindspace Business Parks REIT | 0.77% | 0.79% | +0.02% |
| Tata Capital Ltd. | 0.53% | 0.55% | +0.02% |
| Bajaj Finance Ltd. | 0.38% | 0.39% | +0.01% |
| Bharti Telecom Ltd. | 0.61% | 0.62% | +0.01% |
| Gujarat State | 0.39% | 0.40% | +0.01% |
| HDB Financial Services Ltd. | 0.15% | 0.16% | +0.01% |
| Karnataka State | 0.38% | 0.39% | +0.01% |
| Kerala State | 0.53% | 0.54% | +0.01% |
| Liquid Gold Series 7 | 1.05% | 1.06% | +0.01% |
| Maharashtra State | 0.51% | 0.52% | +0.01% |
| National Highways Authority of India Ltd. | 0.15% | 0.16% | +0.01% |
| Others | 0.43% | 0.44% | +0.01% |
| The Federal Bank Ltd. | 0.25% | 0.26% | +0.01% |
| Vajra Trust | 0.72% | 0.71% | -0.01% |
| REC Ltd. | 0.46% | 0.47% | +0.01% |
| Piramal Finance Ltd. | 1.38% | 1.37% | -0.01% |
| Andhra Pradesh State | 0.03% | 0.03% | 0.00% |
| Haryana State | 0.01% | 0.01% | 0.00% |
| Nuclear Power Corpn. Of India Ltd. | 0.08% | 0.08% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.23% | 0.23% | 0.00% |
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 | ₹7,266 Cr | 0.78% | 5.1% | 6.3% | 6.6% |
 ICICI Prudential Short Term Fund | ₹18,468 Cr | 1.03% | 4.7% | 6.3% | 6.7% |
 Bandhan Short Term Fund | ₹8,628 Cr | 0.86% | 5.3% | 6.4% | 6.6% |
 Axis Short Term Fund | ₹7,395 Cr | 0.95% | 5.0% | 6.5% | 6.7% |
 Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund | ₹1,651 Cr | 0.33% | 6.0% | — | — |
 Sundaram Short Term Fund | ₹190 Cr | 0.73% | 4.7% | 6.0% | 6.3% |
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 months2.70% absolute | ₹60,000 | ₹61,620 | 2.70% | |
| 1 year4.34% annualised | ₹1,20,000 | ₹1,22,859 | 2.38% | |
| 3 years6.98% annualised | ₹3,60,000 | ₹4,01,503 | 11.53% | |
| 5 years6.04% annualised | ₹6,00,000 | ₹7,01,933 | 16.99% |
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 ₹56.55 as on 9 Nov 2026.
What is the expense ratio of Nippon India Short Term Fund?
The expense ratio of Nippon India Short Term Fund is 0.95% 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 4.5% over 1 year, 6.2% over 3 years and 6.5% 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 ₹8,03,520 Cr under management.