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SBI Credit Risk Fund

Credit RiskHighOPEN-ENDED
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NAV as on 24 Sep 2026
₹49.79-0.16%1 day
Return since launch
7.5%
52-week range
₹46.38 — ₹49.90
AUM
₹2,186 Cr

SBI Credit Risk Fund is a Credit Risk debt fund from SBI Mutual Fund with ₹2,186 Cr under management, launched in 2004. Over three years it has returned 7.8% a year, against 9.0% for its category. The expense ratio is 1.55% 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 +7.3% against +6.0% for its category.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y7.9%0.0 pts8.0%6.1%
2Y7.7%−0.9 pts8.7%6.5%
3Y7.8%−1.2 pts9.0%6.9%
5Y7.7%−1.4 pts9.1%6.8%
7Y7.4%−1.4 pts8.8%6.6%
10Y7.2%+1.1 pts6.2%6.6%

Fund against category

1Y
Fund7.9%
Category8.0%
3Y
Fund7.8%
Category9.0%
5Y
Fund7.7%
Category9.1%

Since launch (5 Jul 2004): 7.5%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20257.9%−3.4 pts11.3%
20248.0%−0.7 pts8.7%
20238.4%−0.4 pts8.7%
20224.2%−11.5 pts15.7%
20215.0%−3.2 pts8.2%
20209.8%+8.8 pts1.0%

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 22 Sep 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.

Risk ratios
RatioFundCategory avgRead 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.
Sharpe1.781.55Return earned for each unit of total risk taken. Higher is better.
Sortino3.577.22Return earned for each unit of downside risk. Higher is better.
Std. deviation1.103.92How 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 31 Aug 2026

Asset allocation

  • Debt84.7%
  • Other15.3%

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
OthersOthers5.84%₹128 Cr+1.17%+1.14%+1.08%
Avanse Financial Services Ltd.Financial5.02%₹110 Cr—+7.39%+7.26%
Lodha Developers Ltd.Construction4.58%₹100 Cr———
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.Others4.58%₹100 Cr+4.71%+4.75%+4.78%
NJ Capital Pvt Ltd.Financial4.54%₹99.13 Cr+4.60%+4.58%+4.49%
Tata Projects Ltd.Construction4.54%₹99.18 Cr———
H.G. Infra Engineering Ltd.Construction4.52%₹98.77 Cr+4.59%+4.61%+4.52%
JTPM Metal Traders Ltd.Metals & Mining4.44%₹97.02 Cr+4.42%+4.33%—
Renserv Global Pvt Ltd.Others3.66%₹80.07 Cr+3.72%+3.70%+3.62%
JSW Kalinga Steel Ltd.Metals & Mining3.55%₹77.60 Cr+3.52%——

Sectors

  • Construction27.7%
  • Financial23.9%
  • Others21.0%
  • Metals & Mining8.0%
  • Consumer Staples6.8%
  • Healthcare3.9%
  • Energy3.4%
  • Services2.4%

Instruments

  • Debenture37.1%
  • Non Convertible Debenture24.6%
  • Infrastructure Investment Trust9.9%
  • State Development Loan6.9%
  • Bonds/NCDs5.7%
  • Bonds4.1%
  • Net Receivables3.5%
  • Commercial Paper2.3%

Recent changes

HoldingFromToWeight
Eris Lifesciences Ltd.2.07%1.83%-0.24%
Raajmarg Infra Investment Trust3.10%3.23%+0.13%
Vertis Infrastructure Trust0.93%1.00%+0.07%
Karnataka State2.30%2.26%-0.04%
Small Industries Devp. Bank of India Ltd.2.30%2.26%-0.04%
Tata Projects Ltd.4.57%4.54%-0.03%
H.G. Infra Engineering Ltd.4.54%4.52%-0.02%
Bihar State2.07%2.05%-0.02%
Capital Infra Trust0.64%0.66%+0.02%
India Infrastructure Finance Company Ltd.0.92%0.90%-0.02%
Indus Infra Trust2.54%2.56%+0.02%
Kogta Financial India Ltd.2.97%2.95%-0.02%
Tamilnadu State1.17%1.15%-0.02%
Uttar Pradesh State1.03%1.01%-0.02%
Aditya Birla Renewables Ltd.3.45%3.44%-0.01%
Avanse Financial Services Ltd.2.28%2.29%+0.01%
Cube Highways Trust2.45%2.44%-0.01%
GMR Airports Ltd.2.92%2.93%+0.01%
Gaursons India Pvt. Ltd.2.73%2.74%+0.01%
Motilal Oswal Home Finance Ltd.3.45%3.44%-0.01%
Reserve Bank of India2.23%2.24%+0.01%
GOI1.34%1.33%-0.01%
Godrej Seeds & Genetics Ltd.1.14%1.13%-0.01%
Indostar Capital Finance Ltd.1.15%1.14%-0.01%
Kotak Mahindra Prime Ltd.1.15%1.14%-0.01%
Yes Bank Ltd.0.92%0.91%-0.01%
Lodha Developers Ltd.4.59%4.58%-0.01%
NJ Capital Pvt Ltd.4.55%4.54%-0.01%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.4.59%4.58%-0.01%
Renserv Global Pvt Ltd.3.67%3.66%-0.01%
Aditya Birla Real Estate Ltd2.30%2.30%0.00%
JSW Kalinga Steel Ltd.3.55%3.55%0.00%
JTPM Metal Traders Ltd.4.44%4.44%0.00%
Mahanagar Telephone Nigam Ltd.0.68%0.68%0.00%
Maharashtra State0.24%0.24%0.00%
Others0.39%0.39%0.00%
Rajasthan State0.23%0.23%0.00%
Sheela Foam Ltd.0.86%0.86%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹2,078 Cr1.40%11.4%11.6%12.2%
ICICI Prudential Credit Risk Fund₹6,333 Cr1.43%7.3%8.2%7.9%
Aditya Birla Sun Life Credit Risk Fund₹1,600 Cr1.60%10.2%12.4%11.3%
DSP Credit Risk Fund₹310 Cr1.20%11.4%13.9%13.7%
Bank of India Credit Risk Fund₹68.71 Cr1.36%16.7%11.8%15.9%

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).
Scheme information document

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 pastTotal investmentWould’ve becomeGrowthReturns
6 months4.45% absolute₹60,000₹62,6704.45%
1 year7.34% annualised₹1,20,000₹1,24,8804.07%
3 years7.81% annualised₹3,60,000₹4,06,82713.01%
5 years7.01% annualised₹6,00,000₹7,20,29820.05%

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 ₹49.79 as on 24 Sep 2026.
What is the expense ratio of SBI Credit Risk Fund?
The expense ratio of SBI Credit Risk Fund is 1.55% 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 7.9% over 1 year, 7.8% over 3 years and 7.7% 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 ₹12,81,381 Cr under management.