HDFC Credit Risk Debt Fund Direct-Growth

Q: What are the returns of HDFC Credit Risk Debt Fund?

The HDFC Credit Risk Debt Fund is a 11 yrs 1 m old fund and has delivered average annual returns of 8.86% since inception. HDFC Credit Risk Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.46% 7.64% 8.25% 8.45% 8.86%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹25.6517+0.04% 1 day change	8.86% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹25.6517 as on Apr 23, 2025

This fund Category average

HDFC Credit Risk Debt Fund overview

VRO rating	2
Expense ratio	1.02% as on Mar 31, 2025
Exit load	1.0% Exit load for units in excess of 15% of the investment, 1% will be charged for redemption within 12 months and 0.50% if redeemed after 12 months but within 18 months.!
AUM (Fund size)	₹7,230 Crs
Lock-in	No Lockin
Age	11 yrs 1 m since Mar 06, 2014
Benchmark	NIFTY Credit Risk Bond Index B-II
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HDFC Credit Risk Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	1.44%	1.51%
3 months	2.84%	3.38%
6 months	4.58%	5.24%
1 year	9.46%	10.28%
3 years	7.64%	8.2%
5 years	8.25%	10.01%
7 years	8.07%	6.31%
10 years	8.45%	7.19%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AA 30.1%

AAA 15.83%

AA+ 12.98%

AA- 11.67%

Top Debt Holdings

GOI 10.98%

Kalpataru Projects International Ltd. 7.34%

Tata Motors Ltd. 5.44%

Tata Projects Ltd. 4.53%

Allocation by Instruments

Non Convertible Debenture 51.62%

Debenture 18.639999999999997%

GOI Securities 10.979999999999999%

Bonds 4.639999999999999%

Other Holdings

Others 2.29%

Indus Infra Trust 1.89%

Embassy Office Parks REIT 1.64%

Capital Infra Trust 0.62%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HDFC Credit Risk Debt Fund	N.A.	₹7,230 Crs	11 yrs 1 m	1.02%
SBI Credit Risk Fund	N.A.	₹2,255 Crs	12 yrs 3 m	0.89%
Bank of India Credit Risk Fund	N.A.	₹110 Crs	10 yrs 2 m	1.12%
Aditya Birla Sun Life Credit Risk Fund	N.A.	₹970 Crs	10 yrs	0.67%
ICICI Prudential Credit Risk Fund	N.A.	₹6,131 Crs	12 yrs 3 m	0.77%
Baroda BNP Paribas Credit Risk Fund	N.A.	₹173 Crs	10 yrs 3 m	0.79%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Credit Risk Debt Fund	1.44%	4.58%	9.46%	7.64%	8.25%	8.45%
SBI Credit Risk Fund	1.53%	5.11%	9.97%	8.33%	8.03%	8.2%
Bank of India Credit Risk Fund	1.14%	3.42%	5.9%	5.8%	27.38%	2.03%
Aditya Birla Sun Life Credit Risk Fund	1.72%	8.68%	18.16%	11.58%	10.6%	9.14%
ICICI Prudential Credit Risk Fund	1.64%	4.8%	10.02%	8.25%	8.31%	8.65%
Baroda BNP Paribas Credit Risk Fund	1.5%	4.8%	10.03%	8.21%	10.01%	8.83%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Credit Risk Debt Fund	1.19	2.33	0.63	0.7
SBI Credit Risk Fund	1.35	2.02	1.14	1.96
Bank of India Credit Risk Fund	0.89	1.21	-0.72	-1.06
Aditya Birla Sun Life Credit Risk Fund	2.98	1.94	1.52	5.49
ICICI Prudential Credit Risk Fund	1.05	1.95	1.37	2.01
Baroda BNP Paribas Credit Risk Fund	0.93	1.82	1.5	1.5

View all Credit Risk funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.58 vs. 5.04 Higher outperformance against benchmark
Sharpe	0.63 vs. 5.28 Poor risk-adjusted returns
Beta	2.33 vs. 1.94 More sensitive to market's ups & downs
Standard deviation	1.19 vs. 1.83 More stable returns

Compare HDFC Credit Risk Debt Fund in detail with

About this fund

About HDFC Credit Risk Debt Fund

HDFC Credit Risk Debt Fund Direct-Growth is a Credit Risk mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 11 yrs 1 m, having been launched on 06/03/2014. HDFC Credit Risk Debt Fund Direct-Growth has ₹7,230 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Credit Risk Debt Fund Direct-Growth as of 23/04/2025 is ₹25.65. The fund has an expense ratio of 1.02%, which is higher than what most other Credit Risk funds charge.

HDFC Credit Risk Debt Fund Direct-Growth returns of last 1-year are 9.51%. Since launch, it has delivered 8.87% average annual returns. The fund has doubled the money invested in it every 9 yrs.
HDFC Credit Risk Debt Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is low indicating it has lent to borrowers whose quality is not too great. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, Kalpataru Projects International Ltd., Tata Motors Ltd., Tata Projects Ltd., Sandur Manganese & Iron Ores Ltd..

...

Fund AUM	₹7,230 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shobhit Mehrotra

He is an MBA from Clemson University, USA. Prior to joining HDFC AMC he has worked with Franklin Templeton AMC, and ICRA.

Investment objective

The scheme seeks to generate income/capital appreciation by investing predominantly in AA and below rated corporate debt.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	₹7,80,967 Crs as on Mar 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
HDFC Dynamic Debt Fund	N.A.	₹778 Crs	11.8%	8.43%
HDFC Gilt Fund	N.A.	₹2,907 Crs	12.59%	8.35%
HDFC Income Fund	N.A.	₹885 Crs	11.83%	8.29%
HDFC Long Duration Debt Fund	N.A.	₹5,569 Crs	13.76%	N.A.
HDFC Nifty G-Sec July 2031 Index	N.A.	₹695 Crs	12.49%	N.A.
HDFC Medium Term Debt Fund	N.A.	₹3,861 Crs	10.39%	7.85%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Credit Risk Debt Fund?

The current Net Asset Value (NAV) of the HDFC Credit Risk Debt Fund - Direct Growth plan is approximately ₹25.6517 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HDFC Credit Risk Debt Fund is a 11 yrs 1 m old fund and has delivered average annual returns of 8.86% since inception.

HDFC Credit Risk Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.46%	7.64%	8.25%	8.45%	8.86%

How much does this mutual fund charge as expense ratio?

The HDFC Credit Risk Debt Fund - Direct Growth has an expense ratio of 1.02%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Credit Risk Debt Fund currently has assets under management (AUM) or fund size valued at approximately ₹7,230 Crs crore as of Mar 31, 2025.

To whom does HDFC Credit Risk Debt Fund lend to?

The top 3 debt holdings of HDFC Credit Risk Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	10.98%
Kalpataru Projects International Ltd.	7.34%
Tata Motors Ltd.	5.44%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HDFC Credit Risk Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AA	30.1%
AAA	15.83%
AA+	12.98%

What is risk level of HDFC Credit Risk Debt Fund?

This is a Credit Risk fund comes with High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Credit Risk Debt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Credit Risk Debt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Credit Risk Debt Fund is complete.

How can I redeem my investments in HDFC Credit Risk Debt Fund?

Redeeming your investments in HDFC Credit Risk Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Credit Risk Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Credit Risk

#NA

Return Outperformance: This fund has generated highest return amongst Credit Risk funds in the last 10 Years.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 15% of the investment, 1% will be charged for redemption within 12 months and 0.50% if redeemed after 12 months but within 18 months.