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Best Credit Risk mutual funds

13 funds in this category, ranked by 3-year rolling CAGR.

#Fund3Y CAGRAMCAUM
#1HSBC Credit Risk Fund11.8%HSBC Asset Management (India) Private Ltd.₹438.423 Cr
#2ICICI Prudential Credit Risk Fund8.8%ICICI Prudential Asset Management Company Limited₹6,283.242 Cr
#3Nippon India Credit Risk Fund8.7%Nippon Life India Asset Management Limited₹1,702.756 Cr
#4DSP Credit Risk Fund8.6%DSP Asset Managers Private Limited₹333.436 Cr
#5HDFC Credit Risk Fund8.2%HDFC Asset Management Company Limited₹7,569.711 Cr
#6Kotak Credit Risk Fund8.2%Kotak Mahindra Asset Management Company Limited.₹764.759 Cr
#7Aditya Birla Sun Life Credit Risk Fund8.2%Aditya Birla Sun Life AMC Limited₹1,718.27 Cr
#8SBI Credit Risk Fund8.1%SBI Funds Management Limited₹2,175.519 Cr
#9UTI Credit Risk Fund8.1%UTI Asset Mgmt. Co. Ltd.₹238.616 Cr
#10Axis Credit Risk Fund7.4%Axis Asset Management Co. Ltd.₹370.282 Cr
#11BANDHAN Credit Risk Fund-7.2%Bandhan AMC Limited₹218.335 Cr
#12BANK OF INDIA Credit Risk Fund6.6%Bank of India Investment Managers Private Limited₹80.22 Cr
#13Invesco India Credit Risk Fund6.5%Invesco Asset Management (India) Private Limited₹167.62 Cr

Punji tracks 13 Credit Risk Fund funds from 0 AMCs, together managing roughly ₹22,061.188 Cr in assets. Across the 13 funds with a full 3-year track record, the average 3-year rolling CAGR is 8.2%. HSBC Credit Risk Fund leads the category at 11.8% 3Y CAGR.

Figures here are computed directly from each fund's own NAV history and AUM - not survivor-biased averages from a fact sheet - so a fund that merged, closed, or changed category drops out of the comparison rather than skewing it. Click any fund in the table for its full return history, expense ratio, holdings, and risk profile, or jump to a specific AMC's Credit Risk Fund funds below.

Credit Risk Fund is one of the standardized scheme categories SEBI mandated in its 2017 product categorization circular, so every AMC's Credit Risk Fund fund follows the same investment-mandate rules - the same broad universe of permitted holdings, the same category-level restrictions - which is what makes a ranking across 0 different AMCs a genuine like-for-like comparison rather than an apples-to-oranges one. A fund's position here moves as new NAV data comes in or as AMCs launch or close schemes in the category, so treat it as a point-in-time snapshot, not a fixed league table.

Category alone doesn't tell you a fund's risk level or whether it's the right fit for your own time horizon - two Credit Risk Fund funds can take meaningfully different approaches within the same mandate (concentration, turnover, credit quality for debt categories) and end up with very different risk profiles despite sharing a label. Use the Riskometer rating and risk metrics (Sharpe Ratio, Max Drawdown, Standard Deviation) shown on each fund's own page alongside this category-level ranking, not instead of it.