Nippon India Ultra Short to Short Term Fund vs Mahindra Manulife Ultra Short to Short Term Fund
Nippon India Ultra Short to Short Term Fund (Direct) and Mahindra Manulife Ultra Short to 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 Low Duration Fund schemes — see the best low duration mutual funds for the full ranking.
Head to head
NAVs as of 16 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 16 Feb 2017 – 16 Sep 2026, limited by Mahindra Manulife Ultra Short to Short Term Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Nippon India Ultra Short to Short Term Fund | Mahindra Manulife Ultra Short to Short Term Fund |
|---|---|---|
| 16 Feb 2017 | ₹100.00 | ₹100.00 |
| 05 Dec 2017 | ₹105.72 | ₹105.79 |
| 22 Sep 2018 | ₹111.28 | ₹111.41 |
| 11 Jul 2019 | ₹117.45 | ₹119.69 |
| 27 Apr 2020 | ₹125.24 | ₹126.88 |
| 13 Feb 2021 | ₹132.63 | ₹133.41 |
| 02 Dec 2021 | ₹138.32 | ₹138.07 |
| 19 Sep 2022 | ₹143.01 | ₹142.31 |
| 08 Jul 2023 | ₹151.12 | ₹150.38 |
| 24 Apr 2024 | ₹160.11 | ₹159.52 |
| 10 Feb 2025 | ₹170.13 | ₹169.42 |
| 28 Nov 2025 | ₹181.13 | ₹180.30 |
| 16 Sep 2026 | ₹190.07 | ₹189.35 |
| Metric | Nippon India · Direct NAV ₹4,290.86 Low to Moderate risk ★★★★☆ | Mahindra Manulife · Direct NAV ₹1,895.12 Low to Moderate risk ★★★☆☆ | Category median Low Duration Fund · 25 funds |
|---|---|---|---|
| +6.49% | +6.46% | +6.40% | |
| +7.46% | +7.45% | +7.36% | |
| +6.73% | +6.66% | +6.60% | |
| +6.98% | — | +6.79% | |
| +7.61%Best in row | +6.89% | +7.19% | |
| +7.40%Best in row | +6.69% | +7.24% | |
| +7.23%Best in row | +6.40% | +7.04% | |
| +7.32% | — | +7.13% | |
| Risk | |||
| 0.50% | 0.49% | 0.49% | |
| -1.97% | -0.99%Best in row | -1.36% | |
| 0.39% | 0.35%Best in row | 0.35% | |
| — | ₹541.24Cr | ₹1,417Cr | |
| ₹100 | ₹500 | — | |
| ₹500 | ₹1.00K | — | |
| Vivek Sharma · 6.6y | Rahul Pal · 9.6y | — | |
| 02 Jan 2013 | 16 Feb 2017 | — | |
| 2.7% | 7.1% | — | |
13 rows carry the same value for every fund — show
- 5Y SIP XIRR
- +7.23%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
- —
- 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 Ultra Short to Short Term Fund or Mahindra Manulife Ultra Short to Short Term Fund?
Over the last 3 years, Nippon India Ultra Short to Short Term Fund returned +7.46% CAGR against Mahindra Manulife Ultra Short to Short Term Fund's +7.45%, computed from AMFI NAV history. Over 5 years: Nippon India Ultra Short to Short Term Fund +6.73% vs Mahindra Manulife Ultra Short to Short Term Fund +6.66% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Ultra Short to Short Term Fund or Mahindra Manulife Ultra Short to Short Term Fund?
Mahindra Manulife Ultra Short to Short Term Fund has the lower expense ratio: Nippon India Ultra Short to Short Term Fund charges 0.39% a year against Mahindra Manulife Ultra Short to Short Term Fund's 0.35%. 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 Ultra Short to Short Term Fund or Mahindra Manulife Ultra Short to Short Term Fund?
Nippon India Ultra Short to Short Term Fund has shown higher volatility (+0.50% annualized vs Mahindra Manulife Ultra Short to Short Term Fund's +0.49%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Ultra Short to Short Term Fund -0.21% vs Mahindra Manulife Ultra Short to Short Term Fund -0.23%.
Are Nippon India Ultra Short to Short Term Fund and Mahindra Manulife Ultra Short to Short Term Fund in the same category?
Yes — both are Low 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.