HealthyDirect · GrowthFit for a long SIP
Nippon India Short Term Fund
Nippon India Mutual FundIncome/Debt Oriented Schemes - Short Term Fund13.8 years
The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
- NAV
- 61.4398
- 30 Oct 2026
- 1Y
- +4.4%
- Trailing CAGR
- AUM
- ₹6,363.76 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 73% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.40% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.9%. Ask whether you can hold through a similar fall.
Vs category
Pass
73% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Amber Singhania · 0.6 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 26.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.4%
- 3Y+7.4%
- 5Y+6.6%
- 10Y+7.2%
- SI+7.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.1%
- 3Y+6.4%
- 5Y+6.9%
- 10Y+7.1%
- Since inception
- +7.9%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +73%
- Windows beating the median
- 3Y percentile
- 75
- Vs comparable share classes
- SIP 3Y XIRR
- +6.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.4%
- 2620 daily-ending windows
- Median rolling 3Y
- +7.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2137 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.9%
- Worst peak-to-trough
- Current
- -0.4%
- Below last peak
- Current spell
- 51 days
- Days below latest peak
- Time below peak
- +42%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 330 recovered episodes
- Longest recovery
- 77 days
- Trough to prior peak
19 Jun 2013 – 19 Sept 2013
Trough 19 Aug 2013 · recovered in 31 days
-2.9%
6 Mar 2020 – 17 Apr 2020
Trough 23 Mar 2020 · recovered in 25 days
-1.9%
7 Apr 2022 – 25 Jul 2022
Trough 9 May 2022 · recovered in 77 days
-1.2%
9 Apr 2018 – 4 Jul 2018
Trough 17 May 2018 · recovered in 48 days
-1.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
75
Vs category
50
Consistency
71
Risk-adjusted
96
Drawdown
93
Mean
77
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 73% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 101 holdings · top 10 are 26.0%.
- Top 5
- 14.8%
- Top 10
- 26.0%
- Largest holding
- 3.7%
- Effective holdings
- 65.2
POWER FINANCE CORPORATION LIMITED SR 247A 7.44 BD 15JN30 FVRS1LAC
Financial
3.7%
SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25
Unspecified
3.4%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 14JAN27
Financial
2.7%
GOI Sec 8.97 05/12/2030
Entities
2.5%
KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC
Real Estate
2.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Mahindra Manulife Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.5%
- Vol
- 0.9%
- Max DD
- -1.1%
- Sharpe
- 0.60
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Axis Short Term Fund
Axis Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.6%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 1.43
- 3Y win
- +97%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Bandhan Short Term Fund
Bandhan Mutual Fund
- 1Y
- +5.5%
- 3Y
- +7.6%
- Vol
- 1.4%
- Max DD
- -2.5%
- Sharpe
- 1.26
- 3Y win
- +39%
- Shallower drawdown
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Canara Robeco Short Term Fund
Canara Robeco Mutual Fund
- 1Y
- +4.5%
- 3Y
- +6.9%
- Vol
- 1.3%
- Max DD
- -2.2%
- Sharpe
- 0.95
- 3Y win
- +14%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Groww Short Term Fund
Groww Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -1.2%
- Sharpe
- 1.52
- 3Y win
- +33%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns