Credit Risk Funds Compared
Every credit risk mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 13 credit risk funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 7.8% a year. The highest 5-year return was Bank Of India Credit Risk Fund at 27.8% a year.
All credit risk funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) |
|---|---|---|---|---|---|---|---|---|
| 1 | Bank Of India Credit Risk Fund | 17.2% | 10.1% | 27.8% | 2.4% | 27.4% | 15.4% | 0.61% |
| 2 | DSP Credit Risk Fund | 11.0% | 16.7% | 13.4% | 8.7% | 12.4% | 14.5% | 0.43% |
| 3 | Aditya Birla Sun Life Credit Risk Fund | 12.2% | 13.1% | 10.9% | 9.3% | 9.9% | 12.2% | 0.80% |
| 4 | Invesco India Credit Risk Fund | 7.7% | 9.5% | 8.4% | 6.5% | 7.1% | 9.1% | 0.28% |
| 5 | ICICI Prudential Credit Risk Fund | 7.8% | 9.1% | 8.0% | 8.4% | 7.3% | 8.6% | 0.80% |
| 6 | Nippon India Credit Risk Fund (Existing Number of Segregated Portfolios - 1) | 7.7% | 8.9% | 7.9% | 6.5% | 7.3% | 8.5% | 0.61% |
| 7 | SBI Credit Risk Fund | 8.0% | 8.5% | 7.7% | 7.8% | 7.0% | 8.4% | 0.90% |
| 8 | Axis Credit Risk Fund | 8.1% | 8.8% | 7.7% | 7.7% | 6.8% | 8.4% | 0.82% |
| 9 | HDFC Credit Risk Fund | 7.1% | 8.2% | 7.1% | 7.8% | 6.5% | 7.7% | 1.01% |
| 10 | UTI - Credit Risk Fund. | 6.5% | 7.7% | 7.1% | 3.4% | 6.3% | 7.4% | 0.76% |
| 11 | Kotak Credit Risk Fund | 7.0% | 8.6% | 6.7% | 7.3% | 5.7% | 7.8% | 0.81% |
| 12 | Bandhan Credit Risk Fund | 5.7% | 7.3% | 6.3% | — | 5.3% | 6.8% | 0.66% |
| — | HSBC Credit Risk Fund | 6.5% | 11.7% | — | — | — | — | 0.84% |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which credit risk fund has given the highest returns?
Over the 5 years to 30 Sep 2026, Bank Of India Credit Risk Fund (direct plan) at 27.8% a year. Past returns do not predict future ones.
What is the average return of credit risk funds?
The median direct plan returned 7.8% a year over 5 years to 30 Sep 2026.