Lending to weaker companies for more interest
Past returns do not tell you future returns. Tap a dotted word to see what it means.
Against CRISIL Credit Risk Debt B-II Index
This fund's price history here starts on 21 May 2010, so its longest figures run from then.
| Return | This fund | Similar funds | Rank | |
|---|---|---|---|---|
| 1 month | +0.3% | — | — | — |
| 3 months | +0.9% | — | — | — |
| 6 months | +3.3% | — | — | — |
| 1 year | +6.2% | +5.8% | +7.2% | 7 of 13 |
| 3 years, a year | +7.9% | +7.7% | +8.6% | 6 of 13 |
| 5 years, a year | +7.0% | +7.2% | +7.7% | 6 of 12 |
| Since 21 May 2010, a year | +6.9% | — | — | — |
Every one-year and three-year stretch in its history (): how many ended up, the worst, the typical and the best.
What an investment in this fund would be worth today
₹10,000 on the first price of each month, valued at the NAV of 3 Nov 2026. Past returns do not tell you future returns.
61 monthly instalments from 9 Nov 2021, valued at the NAV of 3 Nov 2026. A yearly return of 7.6%.
How bumpy it has been, and how far it has fallen
How widely the price swung (volatility). Lower is steadier.
The deepest drop from a high before it recovered (drawdown).
Return above cash for each unit of bumpiness. Higher is better.
Like Sharpe, counting only the falls.
52-week range: ₹36.02 (4 Nov 2025) to ₹38.26 (3 Nov 2026). Now at its high.
Its yearly expense ratio, and how much money it manages
Of the 1.39%, 1.17% is the fund house's fee and 0.22% is trading costs and taxes, which move from month to month with the fund's buying and selling.
The fund house raised its fee from 1.16% to 1.17% on 26 Jun 2026. Every expense ratio change in June 2026
The expense ratio is taken out of the fund every day, so the NAV and every return on this page are already after it. How the expense ratio works
25% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
65 holdings, as of 30 Sept 2026
| 10.5% Triumph Composites Limited FITCH AA- | 4.65% | -0.1% | — |
| Triparty Repo | 4.05% | -3.7% | — |
| Samriddhi Trust FITCH A+(SO) | 3.95% | — | New |
| 11.81% Prospera Healthcorp Private Limited FITCH A- | 3.78% | — | New |
| 7.44% National Bank For Agriculture and Rural Development CRISIL AAA | 3.19% | -0.3% | — |
| 8.45% Adani Airport Holdings Limited CRISIL AA- | 3.19% | -0.3% | — |
| 9.75% Delhi International Airport Limited ICRA AA | 2.98% | -0.3% | — |
| 6.36% Government of India SOVEREIGN | 2.87% | — | New |
| Bank of Baroda CARE A1+ | 2.87% | — | New |
| 6.66% National Bank For Agriculture and Rural Development ICRA AAA | 2.87% | -0.3% | — |
| HDFC Bank Limited CARE A1+ | 2.86% | -0.2% | — |
| 10.4% Muthoot Fincorp Ltd CRISIL AA | 2.64% | -0.2% | — |
| 10.96% Gaursons India Private Limited ICRA A- | 2.34% | -0.2% | — |
| 10.2% Navi Finserv Limited FITCH A | 2.34% | -0.2% | — |
| 8.55% Aditya Birla Real Estate Limited CRISIL AA | 2.33% | -1.2% | — |
| 9.5% Vedanta Aluminium Metal Limited ICRA AA+ | 2.06% | -0.2% | — |
| 9.95% Hiranandani Financial Services Private Limited CARE A+ | 2.05% | -0.2% | — |
| Small Industries Dev Bank of India CRISIL A1+ | 1.95% | -0.1% | — |
| 5% GMR Airports Limited CRISIL AA- | 1.93% | -0.1% | — |
| Auxilo Finserve Private Limited CRISIL A+ | 1.88% | -0.1% | — |
| 9.25% Truhome Finance Limited CRISIL AA | 1.77% | -0.8% | — |
| 6.84% State Government Securities SOVEREIGN | 1.73% | -0.2% | — |
| 8.28% Mancherial Repallewada Road Private Limited CARE AAA | 1.68% | -0.3% | — |
| JSW Kalinga Steel Limited CRISIL AA | 1.52% | -0.1% | — |
| 8.8% REC Limited CRISIL AAA | 1.50% | -0.1% | — |
| 7.26% Government of India SOVEREIGN | 1.48% | -0.1% | — |
| 9.15% Andhra Pradesh State Beverages Corporation Limited FITCH AA(CE) | 1.48% | -0.1% | — |
| 7.79% Small Industries Dev Bank of India CRISIL AAA | 1.47% | -0.1% | — |
| 8.95% Vedanta Limited CRISIL AA+ | 1.47% | -0.1% | — |
| 7.02% Government of India SOVEREIGN | 1.47% | -0.1% | — |
| 7.62% National Bank For Agriculture and Rural Development CRISIL AAA | 1.46% | -0.1% | — |
| 7.96% Mindspace Business Parks REIT CRISIL AAA | 1.46% | -0.1% | — |
| 8% Adani Power Limited CRISIL AA | 1.46% | -0.1% | — |
| 5% GMR Airports Limited CRISIL AA- | 1.46% | — | New |
| 8.9% Incred Financial Services Limited CRISIL AA- | 1.45% | -0.1% | — |
| 10.1% Muthoot Housing Finance Co ltd CRISIL AA- | 1.44% | — | New |
| 6.57% State Government Securities SOVEREIGN | 1.42% | -0.1% | — |
| 10.81% Bamboo Hotel And Global Centre (Delhi) Private limited ICRA A+(CE) | 1.35% | -0.1% | — |
| 10.15% Nuvoco Vistas Corporation Limited CRISIL AA- | 1.30% | -0.1% | — |
| Net Current Assets | 1.29% | -0.1% | — |
| 5% GMR Airports Limited CRISIL AA- | 1.26% | -0.1% | — |
| 7.32% Government of India SOVEREIGN | 1.19% | -0.1% | — |
| 8.15% Torrent Power Limited CRISIL AA+ | 1.16% | -0.1% | — |
| 9.25% Muthoot Mcred Limited ICRA A | 1.15% | -0.1% | — |
| 7.65% State Government Securities SOVEREIGN | 0.88% | -0.1% | — |
| 8.9% Veritas Finance Private Limited CARE AA- | 0.87% | -0.1% | — |
| 9.7% Muthoot Microfin Ltd CRISIL AA- | 0.87% | -0.1% | — |
| Jubilant Beverages Limited CRISIL AA | 0.82% | -0.1% | — |
| 10% Kosamattam Finance Limited FITCH A | 0.69% | -0.1% | — |
| 8.22% State Government Securities SOVEREIGN | 0.60% | -0.1% | — |
| 7.6% Power Finance Corporation Limited CRISIL AAA | 0.59% | -0.1% | — |
| 7.7% Adani Transmission Step-Two Limited CRISIL AA+ | 0.58% | -0.1% | — |
| 8.08% Suryapet Khammam Road Ltd CARE AAA | 0.40% | -0.0% | — |
| 8.42% State Government Securities SOVEREIGN | 0.30% | -0.0% | — |
| 7.17% Government of India SOVEREIGN | 0.30% | -0.0% | — |
| 9.45% Vedanta Limited CRISIL AA+ | 0.30% | -0.0% | — |
| 9.31% Vedanta Limited CRISIL AA+ | 0.30% | -0.0% | — |
| 9.25% Muthoot Mcred Limited ICRA A | 0.29% | -0.0% | — |
| 8.95% Vastu Finserve India Private Limited CARE AA | 0.25% | -0.0% | — |
| Corporate Debt Market Development Fund Class A2 | 0.25% | -0.0% | — |
| 9.4% Indostar Home Finance Private Limited CRISIL AA- | 0.23% | -0.0% | — |
| Jubilant Bevco Limited CRISIL AA | 0.16% | -0.0% | — |
| 8.55% Godrej Properties Limited ICRA AA+ | 0.06% | 0.0% | — |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited FITCH AA(CE) | 0.03% | 0.0% | — |
| Cash Margin - CCIL | 0.03% | -0.0% | — |
The share of the fund in its ten largest holdings. The higher it is, the more the fund depends on a few of them.
From the fund house's monthly portfolio disclosure.
Between the portfolios of 31 Aug 2026 and 30 Sept 2026, the fund added 6 holdings and left 4; 0 holdings gained weight and 43 lost weight.
None
The weight of today's ten largest holdings in each of the last 6 portfolios.
| Holding | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| 10.5% Triumph Composites Limited | — | — | — | 3.9% | 4.8% | 4.7% |
| Samriddhi Trust | — | — | — | — | — | 4.0% |
| 11.81% Prospera Healthcorp Private Limited | — | — | — | — | — | 3.8% |
| 7.44% National Bank For Agriculture and Rural Development | 2.2% | 2.1% | 2.0% | 1.9% | 3.5% | 3.2% |
| 8.45% Adani Airport Holdings Limited | 1.9% | 1.8% | 1.7% | 1.6% | 3.5% | 3.2% |
| 9.75% Delhi International Airport Limited | 3.7% | 3.6% | 3.5% | 3.3% | 3.2% | 3.0% |
| 6.36% Government of India | — | — | — | — | — | 2.9% |
| 6.66% National Bank For Agriculture and Rural Development | — | — | — | 3.2% | 3.1% | 2.9% |
| Bank of Baroda | — | — | — | — | — | 2.9% |
| HDFC Bank Limited | 3.5% | 3.4% | 3.2% | 3.1% | 3.1% | 2.9% |
Equity, debt and cash in each of the last 6 portfolios.
| Share of the fund | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Equity | 2.4% | 2.3% | 2.2% | 2.1% | 2.0% | 1.9% |
| Debt | 93.6% | 92.8% | 92.3% | 93.6% | 88.5% | 92.5% |
| Cash and other | 4.0% | 5.0% | 5.6% | 4.3% | 9.5% | 5.6% |
Overlap is the part of two portfolios that is the same, by weight: 100% would be identical.
Check its overlap with any fund, by holdings, industry and sector
The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.
The largest funds with the same mandate
Nippon India Credit Risk Fund Nippon India | +6.2% | +7.9% | +7.0% | 1.39% | ₹1,709 cr |
| +5.8% | +7.4% | +6.4% | 1.51% | ₹7,590 cr | |
ICICI Prudential Credit Risk Fund ICICI Prudential | +6.2% | +8.1% | +7.2% | 1.43% | ₹6,299 cr |
| +6.6% | +7.7% | +7.0% | 1.54% | ₹2,181 cr | |
Aditya Birla Sun Life Credit Risk Fund Aditya Birla Sun Life | +10.4% | +12.0% | +9.9% | 1.60% | ₹1,725 cr |
Kotak Credit Risk Fund Kotak Mahindra | +5.1% | +7.3% | +5.7% | 1.73% | ₹763 cr |
| +5.1% | +10.7% | — | 1.66% | ₹438 cr | |
| +6.6% | +7.8% | +6.8% | 1.56% | ₹370 cr | |
| +9.6% | +12.8% | +12.5% | 1.19% | ₹337 cr | |
| +5.0% | +6.9% | +6.1% | 1.43% | ₹239 cr | |
Bandhan Credit Risk Fund Bandhan | +4.1% | +6.0% | +5.2% | 1.67% | ₹219 cr |
The NAV of the Regular Growth plan was ₹38.26 on 3 Nov 2026.
It returned +6.2% over the last year, +7.9% a year over three years, +7.0% a year over five years. Over three years its benchmark, CRISIL Credit Risk Debt B-II Index, returned +7.7% a year. Past returns do not indicate future returns.
On 3 Nov 2026: started 3 years ago, ₹3.6 lakh put in would be worth ₹4.03 lakh, +7.5% a year; started 5 years ago, ₹6 lakh put in would be worth ₹7.26 lakh, +7.6% a year; started 10 years ago, ₹12 lakh put in would be worth ₹16.74 lakh, +6.5% a year. That is ₹10,000 on the first price of each month. Past returns do not tell you future returns.
As of 30 Sept 2026: 10.5% Triumph Composites Limited (4.7%), Samriddhi Trust (4.0%), 11.81% Prospera Healthcorp Private Limited (3.8%), 7.44% National Bank For Agriculture and Rural Development (3.2%), 8.45% Adani Airport Holdings Limited (3.2%). It held 65 investments in all.
Over the last three years its NAV fell as much as -0.4% from a high before recovering; over the last year, -0.4%.
1.39% a year, against a typical 1.51% in its category. It is taken out of the fund daily, so the NAV and returns are after it.
It manages ₹1,709 cr as of 2 Nov 2026.
Sushil Budhia (since 1 Feb 2020).
25% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
₹500 to start, ₹100 a month by SIP.
Its riskometer level is Moderately High, on SEBI's six-step scale from Low to Very High. Its NAV's volatility over the last year was 1.0%.
CRISIL Credit Risk Debt B-II Index.
On 8 Jun 2005.