Nippon India Short Duration Fund vs ICICI Prudential Short Term Fund
Nippon India Short Duration Fund (Direct) and ICICI Prudential Short Term Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Short Duration Fund schemes — see the best short duration mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 20 Aug 2026, limited by Nippon India Short Duration Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Nippon India Short Duration Fund | ICICI Prudential Short Term Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 21 Feb 2014 | ₹109.17 | ₹108.61 |
| 12 Apr 2015 | ₹124.24 | ₹123.89 |
| 31 May 2016 | ₹136.55 | ₹136.77 |
| 19 Jul 2017 | ₹151.68 | ₹153.96 |
| 07 Sep 2018 | ₹159.60 | ₹162.90 |
| 27 Oct 2019 | ₹178.38 | ₹182.15 |
| 15 Dec 2020 | ₹198.85 | ₹205.63 |
| 03 Feb 2022 | ₹210.07 | ₹215.26 |
| 25 Mar 2023 | ₹221.51 | ₹231.24 |
| 12 May 2024 | ₹241.37 | ₹253.05 |
| 01 Jul 2025 | ₹268.95 | ₹280.86 |
| 20 Aug 2026 | ₹286.79 | ₹301.41 |
| Metric | Nippon India · Direct NAV ₹61.46 Low to Moderate risk ★★★★☆ | ICICI Prudential · Direct NAV ₹70.68 Low to Moderate risk ★★★★★ | Category median Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.00% | +6.55%Best in row | +5.69% | |
| +7.83% | +7.98%Best in row | +7.57% | |
| +6.75% | +7.25%Best in row | +6.51% | |
| +7.39% | +7.87%Best in row | +7.14% | |
| +8.04% | +8.43%Best in row | +7.36% | |
| +7.41% | +7.74%Best in row | — | |
| +7.94% | +8.43%Best in row | +7.46% | |
| +7.79% | +8.29%Best in row | +7.32% | |
| +7.87% | +8.38%Best in row | +7.58% | |
| Risk | |||
| 0.97% | 0.93% | 0.96% | |
| 1.37 | 1.59Best in row | 1.11 | |
| 2.11 | 2.46Best in row | 1.72 | |
| -2.85%Best in row | -3.38% | -2.35% | |
| 0.39%Best in row | 0.45% | 0.37% | |
| ₹7,205Cr | ₹20,833Cr | ₹1,616Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹500 | — | |
| Vivek Sharma | Manish Banthia | — | |
| 4.2% | -3.0% | — | |
11 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
- —
- Inception
- 02 Jan 2013
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Nippon India Short Duration Fund or ICICI Prudential Short Term Fund?
Over the last 3 years, ICICI Prudential Short Term Fund returned +7.98% CAGR against Nippon India Short Duration Fund's +7.83%, computed from AMFI NAV history. Over 5 years: Nippon India Short Duration Fund +6.75% vs ICICI Prudential Short Term Fund +7.25% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Short Duration Fund or ICICI Prudential Short Term Fund?
Nippon India Short Duration Fund has the lower expense ratio: Nippon India Short Duration Fund charges 0.39% a year against ICICI Prudential Short Term Fund's 0.45%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Nippon India Short Duration Fund or ICICI Prudential Short Term Fund?
Nippon India Short Duration Fund has shown higher volatility (+0.97% annualized vs ICICI Prudential Short Term Fund's +0.93%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Short Duration Fund -0.57% vs ICICI Prudential Short Term Fund -0.52%.
Which fund manages more money — Nippon India Short Duration Fund or ICICI Prudential Short Term Fund?
ICICI Prudential Short Term Fund is the larger fund: Nippon India Short Duration Fund manages ₹7,205Cr against ICICI Prudential Short Term Fund's ₹20,833Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Nippon India Short Duration Fund and ICICI Prudential Short Term Fund in the same category?
Yes — both are Short Duration Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.