SBI Credit Risk Fund
Credit RiskHighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹49.990.00%1 day
- Return since launch
- 7.5%
- 52-week range
- ₹46.79 — ₹50.00
- AUM
- ₹2,177 Cr
SBI Credit Risk Fund is a Credit Risk debt fund from SBI Mutual Fund with ₹2,177 Cr under management, launched in 2004. Over three years it has returned 7.5% a year, against 8.7% for its category. The expense ratio is 1.54% and the SEBI riskometer reading is High.
Performance
SBI Credit Risk Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.7% against +5.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.7% | −0.5 pts | 7.2% | 5.2% |
| 2Y | 7.0% | −0.8 pts | 7.8% | 5.9% |
| 3Y | 7.4% | −1.2 pts | 8.6% | 6.5% |
| 5Y | 7.5% | −1.5 pts | 9.0% | 6.7% |
| 7Y | 7.2% | −1.4 pts | 8.6% | 6.4% |
| 10Y | 7.1% | +1.0 pts | 6.1% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.2% | 0.0 pts | 0.2% | 0.2% |
| 3M | 0.9% | +0.2 pts | 0.7% | 0.6% |
| 6M | 3.9% | +0.7 pts | 3.2% | 2.9% |
| 1Y | 6.6% | −0.6 pts | 7.2% | 5.3% |
| 2Y | 7.5% | −1.4 pts | 8.9% | 6.6% |
| 3Y | 7.7% | −0.9 pts | 8.6% | 7.0% |
| 5Y | 7.0% | −2.0 pts | 9.0% | 6.2% |
| 7Y | 7.1% | 0.0 pts | 7.1% | 6.4% |
| 10Y | 7.0% | +0.9 pts | 6.1% | 6.7% |
Since launch (5 Jul 2004): 7.5%
Calendar-year returns
Category average9.8%
5.0%
4.2%
8.4%
8.0%
7.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.9% | −3.4 pts | 11.3% |
| 2024 | 8.0% | −0.7 pts | 8.7% |
| 2023 | 8.4% | −0.4 pts | 8.7% |
| 2022 | 4.2% | −11.5 pts | 15.7% |
| 2021 | 5.0% | −3.2 pts | 8.2% |
| 2020 | 9.8% | +8.8 pts | 1.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.54%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.31%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.23%
- Exit load
- For units in excess of 8% of the investment, exit load of 3% if redeemed within 12 months, 1.5% if redeemed after 12 months but within 24 months and 0.75% if redeemed after 24 months but within 36 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Credit Risk Bond Index B-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
High
Your principal is treated as being at high risk — typically diversified and large cap equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.47 | 1.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.32 | 7.03 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.22 | 3.92 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
SBI Credit Risk Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt90.2%
- Other9.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| H.G. Infra Engineering Ltd. | Construction | 4.64% | ₹101 Cr | +4.57% | +4.62% | +4.53% |
| NJ Capital Pvt Ltd. | Financial | 4.54% | ₹99.03 Cr | +4.56% | +4.62% | +4.50% |
| Tata Projects Ltd. | Construction | 4.53% | ₹98.83 Cr | +4.61% | — | — |
| Renew Solar Energy (Jharkhand Five) Pvt. Ltd. | Others | 4.53% | ₹98.79 Cr | +4.61% | +4.73% | +4.74% |
| JTPM Metal Traders Ltd. | Metals & Mining | 4.45% | ₹97.12 Cr | +4.44% | +4.37% | +4.08% |
| Lodha Developers Ltd. | Construction | 3.93% | ₹85.73 Cr | +4.61% | — | — |
| Renserv Global Pvt Ltd. | Others | 3.67% | ₹80.06 Cr | +3.68% | +3.74% | +3.62% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.61% | ₹78.82 Cr | +6.93% | +7.05% | — |
| JSW Kalinga Steel Ltd. | Metals & Mining | 3.58% | ₹78.02 Cr | +3.54% | +3.52% | — |
| Aditya Birla Renewables Ltd. | Energy | 3.44% | ₹75.01 Cr | +3.46% | +3.51% | +3.45% |
| Motilal Oswal Home Finance Ltd. | Financial | 3.43% | ₹74.80 Cr | +3.46% | +3.51% | +3.43% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.37% | ₹73.57 Cr | — | — | — |
| Raajmarg Infra Investment Trust | Construction | 3.22% | ₹70.35 Cr | +3.06% | +2.99% | — |
| Kogta Financial India Ltd. | Financial | 2.95% | ₹64.39 Cr | +2.98% | +3.00% | — |
| GMR Airports Ltd. | Construction | 2.95% | ₹64.32 Cr | +2.94% | +2.44% | +2.29% |
| Gaursons India Pvt. Ltd. | Construction | 2.75% | ₹59.90 Cr | +2.74% | +2.78% | — |
| Avanse Financial Services Ltd. | Financial | 2.73% | ₹59.56 Cr | +2.27% | +3.73% | +3.64% |
| Others | Others | 2.50% | ₹54.66 Cr | +1.56% | +1.56% | +1.44% |
| Aditya Birla Real Estate Ltd | Consumer Staples | 2.30% | ₹50.09 Cr | +2.31% | +2.34% | +2.29% |
| ICICI Securities Primary Dealership Ltd. | Financial | 2.29% | ₹50.00 Cr | — | — | — |
| Motilal Oswal Financial Services Ltd. | Financial | 2.29% | ₹49.98 Cr | — | — | — |
| Reserve Bank of India | Financial | 2.25% | ₹49.09 Cr | +2.23% | +2.23% | — |
| Karnataka State | Others | 2.23% | ₹48.73 Cr | +2.30% | +2.30% | — |
| Cube Highways Trust | Services | 2.20% | ₹47.97 Cr | +2.42% | +3.41% | +3.04% |
| Indus Infra Trust | Construction | 2.18% | ₹47.67 Cr | +2.44% | — | — |
| Bihar State | Others | 2.01% | ₹43.90 Cr | — | — | — |
| Eris Lifesciences Ltd. | Healthcare | 1.84% | ₹40.08 Cr | +1.85% | +1.88% | +1.83% |
| GOI | Sovereign | 1.34% | ₹29.16 Cr | +4.48% | +7.05% | +1.88% |
| Indostar Capital Finance Ltd. | Financial | 1.15% | ₹25.00 Cr | +1.15% | — | — |
| Tamilnadu State | Others | 1.14% | ₹24.83 Cr | +1.17% | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 1.14% | ₹24.81 Cr | +3.48% | — | — |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 1.13% | ₹24.62 Cr | +1.14% | +1.15% | +1.13% |
| Uttar Pradesh State | Others | 1.00% | ₹21.79 Cr | +1.03% | — | — |
| India Infrastructure Finance Company Ltd. | Construction | 0.89% | ₹19.51 Cr | — | — | — |
| Sheela Foam Ltd. | Consumer Discretionary | 0.86% | ₹18.75 Cr | +0.86% | +0.88% | +0.86% |
| Mahanagar Telephone Nigam Ltd. | Communication | 0.68% | ₹14.85 Cr | +0.69% | +0.69% | +0.68% |
| Capital Infra Trust | Construction | 0.66% | ₹14.41 Cr | +0.63% | +0.22% | — |
| Vertis Infrastructure Trust | Construction | 0.65% | ₹14.28 Cr | +0.95% | +0.95% | — |
| Rajasthan State | Others | 0.23% | ₹4.92 Cr | +0.23% | — | — |
| Maharashtra State | Others | 0.20% | ₹4.45 Cr | +0.24% | — | — |
| IDFC First Bank Ltd. | Financial | -1.15% | ₹-25.00 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Cholamandalam Investment and Finance Company Ltd. | 0.00% | 3.37% | +3.37% |
| ICICI Securities Primary Dealership Ltd. | 0.00% | 2.29% | +2.29% |
| Motilal Oswal Financial Services Ltd. | 0.00% | 2.29% | +2.29% |
| IDFC First Bank Ltd. | 0.00% | -1.15% | -1.15% |
| company:7079 | 0.91% | 0.00% | -0.91% |
| Lodha Developers Ltd. | 4.58% | 3.93% | -0.65% |
| Avanse Financial Services Ltd. | 2.29% | 2.73% | +0.44% |
| Indus Infra Trust | 2.56% | 2.18% | -0.38% |
| Vertis Infrastructure Trust | 1.00% | 0.65% | -0.35% |
| Cube Highways Trust | 2.44% | 2.20% | -0.24% |
| H.G. Infra Engineering Ltd. | 4.52% | 4.64% | +0.12% |
| Renew Solar Energy (Jharkhand Five) Pvt. Ltd. | 4.58% | 4.53% | -0.05% |
| Bihar State | 2.05% | 2.01% | -0.04% |
| Maharashtra State | 0.24% | 0.20% | -0.04% |
| Karnataka State | 2.26% | 2.23% | -0.03% |
| JSW Kalinga Steel Ltd. | 3.55% | 3.58% | +0.03% |
| GMR Airports Ltd. | 2.93% | 2.95% | +0.02% |
| Small Industries Devp. Bank of India Ltd. | 2.26% | 2.25% | -0.01% |
| Motilal Oswal Home Finance Ltd. | 3.44% | 3.43% | -0.01% |
| Tamilnadu State | 1.15% | 1.14% | -0.01% |
| Uttar Pradesh State | 1.01% | 1.00% | -0.01% |
| Tata Projects Ltd. | 4.54% | 4.53% | -0.01% |
| JTPM Metal Traders Ltd. | 4.44% | 4.45% | +0.01% |
| Reserve Bank of India | 2.24% | 2.25% | +0.01% |
| Renserv Global Pvt Ltd. | 3.66% | 3.67% | +0.01% |
| Eris Lifesciences Ltd. | 1.83% | 1.84% | +0.01% |
| GOI | 1.33% | 1.34% | +0.01% |
| Raajmarg Infra Investment Trust | 3.23% | 3.22% | -0.01% |
| India Infrastructure Finance Company Ltd. | 0.90% | 0.89% | -0.01% |
| Indostar Capital Finance Ltd. | 1.14% | 1.15% | +0.01% |
| Gaursons India Pvt. Ltd. | 2.74% | 2.75% | +0.01% |
| Rajasthan State | 0.23% | 0.23% | 0.00% |
| Aditya Birla Real Estate Ltd | 2.30% | 2.30% | 0.00% |
| Kotak Mahindra Prime Ltd. | 1.14% | 1.14% | 0.00% |
| Aditya Birla Renewables Ltd. | 3.44% | 3.44% | 0.00% |
| Godrej Seeds & Genetics Ltd. | 1.13% | 1.13% | 0.00% |
| NJ Capital Pvt Ltd. | 4.54% | 4.54% | 0.00% |
| Sheela Foam Ltd. | 0.86% | 0.86% | 0.00% |
| Kogta Financial India Ltd. | 2.95% | 2.95% | 0.00% |
| Mahanagar Telephone Nigam Ltd. | 0.68% | 0.68% | 0.00% |
| Others | 0.39% | 0.39% | 0.00% |
| Capital Infra Trust | 0.66% | 0.66% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹624 Cr | 1.43% | 9.4% | 10.9% | 11.4% |
 Aditya Birla Sun Life Credit Risk Fund | ₹1,721 Cr | 1.60% | 7.7% | 11.7% | 11.0% |
 Axis Credit Risk Fund | ₹370 Cr | 1.57% | 6.5% | 7.6% | 7.5% |
 DSP Credit Risk Fund | ₹326 Cr | 1.19% | 10.0% | 12.9% | 13.3% |
 Bank of India Credit Risk Fund | ₹78.52 Cr | 1.36% | 13.3% | 11.3% | 14.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA and below(excluding AA+ rated corporate bonds) so as to generate attractive returns while maintaining moderate liquidity in the portfolio through investment in money market securities.
Fund managers
- Lokesh MallyaMr. Mallya is MBA and FRM.Prior to SBI Mutual Fund, he has worked with Aditya Birla Sun Life AMC as fund manager (Sept 2009-Sept 2014) and as Credit Analyst (July 2006 - Aug 2009).
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.90% absolute | ₹60,000 | ₹62,340 | 3.90% | |
| 1 year6.84% annualised | ₹1,20,000 | ₹1,24,540 | 3.78% | |
| 3 years7.78% annualised | ₹3,60,000 | ₹4,06,633 | 12.95% | |
| 5 years7.04% annualised | ₹6,00,000 | ₹7,20,875 | 20.15% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of SBI Credit Risk Fund?
The NAV of SBI Credit Risk Fund is ₹49.99 as on 6 Nov 2026.
What is the expense ratio of SBI Credit Risk Fund?
The expense ratio of SBI Credit Risk Fund is 1.54% per year.
What is the minimum SIP amount for SBI Credit Risk Fund?
You can start a SIP in SBI Credit Risk Fund with ₹3,000 a month.
What returns has SBI Credit Risk Fund given?
SBI Credit Risk Fund has returned 7.0% over 1 year, 7.5% over 3 years and 7.5% over 5 years (annualised).
Is there a lock-in or exit load on SBI Credit Risk Fund?
Lock-in: None. Exit load: For units in excess of 8% of the investment, exit load of 3% if redeemed within 12 months, 1.5% if redeemed after 12 months but within 24 months and 0.75% if redeemed after 24 months but within 36 months.
How risky is SBI Credit Risk Fund?
SBI Credit Risk Fund is rated High on the SEBI riskometer and belongs to the Credit Risk category.
Which fund house manages SBI Credit Risk Fund?
SBI Credit Risk Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.