Aditya Birla Sun Life Credit Risk Fund vs Bandhan Credit Risk Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Credit Risk Fund and Bandhan Credit Risk Fund are both Credit Risk funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Credit Risk Fund (Direct) returned 12.9% a year and Bandhan Credit Risk Fund (Direct) returned 7.1% a year. Aditya Birla Sun Life Credit Risk Fund charges 0.80% a year and Bandhan Credit Risk Fund 0.66% (Direct plans). Their portfolios overlap 0.3%: they hold 1 of the same security.
Aditya Birla Sun Life Credit Risk Fund
Credit Risk
- 3 year return
- 12.9%
- Expense ratio
- 0.80%
- NAV
- ₹28.16
Bandhan Credit Risk Fund
Credit Risk
- 3 year return
- 7.1%
- Expense ratio
- 0.66%
- NAV
- ₹19.06
Which is better, Aditya Birla Sun Life Credit Risk or Bandhan Credit Risk? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Credit Risk returned more over 5 years: 10.8% a year against 6.3%.
- Aditya Birla Sun Life Credit Risk returned more over 3 years: 12.9% a year against 7.1%.
- Bandhan Credit Risk costs less: 0.66% a year against 0.80% (Direct plans).
- Bandhan Credit Risk swung less over 3 years: a standard deviation of 0.9% a year against 3.4%.
- Bandhan Credit Risk fell less in its worst fall since 06-03-2017: −2.6% against −3.9%.
- Aditya Birla Sun Life Credit Risk is the larger fund: ₹1,657 Cr against ₹221 Cr.
- Their portfolios overlap 0.3%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Credit Risk Fund | Bandhan Credit Risk Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Bandhan Mutual Fund |
| Category | Credit Risk | Credit Risk |
| AUM | ₹1,657 Cr (30-09-2026) | ₹221 Cr (30-09-2026) |
| NAV | ₹28.16 (Direct) | ₹19.06 (Direct) |
| Expense ratio (Direct) | 0.80% | 0.66% |
| Expense ratio (Regular) | 1.60% | 1.67% |
| Riskometer | Moderately High | Moderate |
| Benchmark | CRISIL Credit Risk Debt B-II Index | NIFTY Credit Risk Bond Index B-II |
| Launch date | 17-04-2015 | 03-03-2017 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sunaina Da Cunha, Mohit Sharma | Gautam Kaul, Debraj Lahiri |
| Exit load | Exit load of 1%, if redeemed within 1 Year. | 1% if redeemed/switched out within 365 days from the date of allotment |
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Credit Risk Fund (Direct) | −0.08% | +0.85% | +3.70% | +11.12% | +12.89% | +10.77% | +9.17% |
| Bandhan Credit Risk Fund (Direct) | −0.10% | +0.42% | +2.76% | +5.00% | +7.09% | +6.26% | -- |
| Credit Risk average | −0.04% | +0.78% | +3.31% | +7.84% | +9.41% | +9.83% | -- |
Category average: the average of the 13 Credit Risk funds, same plan type.
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Credit Risk | BandhanBandhan Credit Risk |
|---|---|---|
| 2026to date | +9.83% | +4.08% |
| 2025 | +14.42% | +7.30% |
| 2024 | +12.92% | +8.45% |
| 2023 | +7.83% | +6.79% |
| 2022 | +8.07% | +4.03% |
| 2021 | +7.24% | +4.99% |
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,611 of them, one for each trading day from 06-03-2020 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Credit Risk Fund (Direct)
Bandhan Credit Risk Fund (Direct)
to
Sept 2020Nov 2018
to
Nov 2021Dec 2019
to
Dec 2022Feb 2021
to
Feb 2024Mar 2022
to
Mar 2025Apr 2023
to
Apr 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Credit Risk | 0.0 | 0.0 | 74.4 | 25.6 | 0.0 | 0.0 | 0.0 | 8.7% | 8.0% | 5.3% | 13.3% |
| Bandhan Credit Risk | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 7.2% | 5.2% | 8.5% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 06-03-2017. Past returns do not promise future returns.
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-03-2017 to 30-10-2026: 116 instalments, ₹11,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Credit RiskAditya Birla Sun Life Credit Risk Fund (Direct) | ₹11,60,000 | ₹19,17,840 | ₹7,57,840 | 10.1% |
| Bandhan Credit RiskBandhan Credit Risk Fund (Direct) | ₹11,60,000 | ₹16,12,264 | ₹4,52,264 | 6.6% |
Aditya Birla Sun Life Credit RiskAditya Birla Sun Life Credit Risk Fund (Direct)
Bandhan Credit RiskBandhan Credit Risk Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Credit Risk Fund (Direct) | Bandhan Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.12% | +5.00% |
| Standard deviation | 3.54% | 1.09% |
| Sharpe ratio | 1.66 | -0.22 |
| Sortino ratio | 6.64 | -0.32 |
| Maximum drawdown | −0.5% (23-10-2026) | −0.5% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Credit Risk Fund (Direct) | Bandhan Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.89% | +7.09% |
| Standard deviation | 3.38% | 0.92% |
| Sharpe ratio | 2.03 | 1.15 |
| Sortino ratio | 10.06 | 1.74 |
| Maximum drawdown | −0.5% (23-10-2026) | −0.5% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Credit Risk Fund (Direct) | Bandhan Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.77% | +6.26% |
| Standard deviation | 2.88% | 1.04% |
| Sharpe ratio | 1.72 | 0.45 |
| Sortino ratio | 7.35 | 0.61 |
| Maximum drawdown | −0.8% (06-05-2022) | −1.1% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Credit Risk Fund (Direct) | Bandhan Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.38% | +6.91% |
| Standard deviation | 2.57% | 1.49% |
| Sharpe ratio | 1.47 | 1.03 |
| Sortino ratio | 2.53 | 1.60 |
| Maximum drawdown | −3.9% (25-11-2019) | −2.6% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 22-04-2015 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Credit Risk Fund (Direct)
Bandhan Credit Risk Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Credit Risk Fund (Direct) | −3.9% | 03-10-2019 | 25-11-2019 | 30-06-2020 | 7 months | −0.2% |
| Bandhan Credit Risk Fund (Direct) | −2.6% | 06-03-2020 | 23-03-2020 | 11-06-2020 | 3 months | −0.2% |
From daily values since 06-03-2017, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Credit Risk Fund (Direct)
Bandhan Credit Risk Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Credit Risk Fund (Direct)
Bandhan Credit Risk Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Credit Risk Fund (Direct)
Bandhan Credit Risk Fund (Direct)
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Credit Risk Fund, September 2026; Bandhan Credit Risk Fund, September 2026
Holdings in common
- Overlap
- 0.3%
- Held by both
- 1
- Only in Aditya Birla Sun Life Credit Risk
- 54
- Only in Bandhan Credit Risk
- 14
| Security | % of Aditya Birla Sun Life Credit Risk | % of Bandhan Credit Risk |
|---|---|---|
| Corporate Debt Mkt Devp. Fund-A2 | 0.26% | 0.77% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.3% means 0.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Credit Risk Fund
| Security | % of fund |
|---|---|
| 9.10% SK Finance Ltd. (10/08/2029) | 5.53% |
| 8.73% Eris Lifesciences Ltd. (07/06/2027) | 4.47% |
| Jubilant Bevco Ltd. (31/05/2028) (ZCB) | 4.41% |
| JTPM Metal Traders Ltd. (29/09/2028) (ZCB) | 3.83% |
| 8.45% Adani Airport Holdings Ltd. (12/02/2029) | 3.58% |
Largest holdings only in Bandhan Credit Risk Fund
| Security | % of fund |
|---|---|
| 8.35% Aditya Birla Real Estate Limited | 9.07% |
| 8.33% Tata Projects Limited | 9.05% |
| 7.75% Power Finance Corporation Limited | 9.02% |
| 7.9% Truhome Finance Limited | 8.95% |
| 7.76% Aadhar Housing Finance Limited | 8.90% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Credit Risk | Bandhan Credit Risk |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 82.7% | 83.5% |
| Cash and others | 17.3% | 16.5% |
Aditya Birla Sun Life Credit Risk vs Bandhan Credit Risk: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Credit Risk Fund | Bandhan Credit Risk Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 0.66% |
| Base expense ratio (Direct) | 0.67% | 0.56% |
| Total expense ratio (Regular) | 1.60% | 1.67% |
| Base expense ratio (Regular) | 1.36% | 1.42% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Credit Risk with
Aditya Birla Sun Life Credit Risk Fund vs Bandhan Credit Risk Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Credit Risk Fund and Bandhan Credit Risk Fund?
Both are Credit Risk funds, run by Aditya Birla Sun Life Mutual Fund and Bandhan Mutual Fund. Their portfolios overlap 0.3%. Aditya Birla Sun Life Credit Risk Fund charges 0.80% a year and Bandhan Credit Risk Fund 0.66%.
Which has given higher returns, Aditya Birla Sun Life Credit Risk Fund or Bandhan Credit Risk Fund?
Over 1 year: Aditya Birla Sun Life Credit Risk Fund +11.12%, Bandhan Credit Risk Fund +5.00%. Over 3 years: Aditya Birla Sun Life Credit Risk Fund +12.89% a year, Bandhan Credit Risk Fund +7.09% a year. Over 5 years: Aditya Birla Sun Life Credit Risk Fund +10.77% a year, Bandhan Credit Risk Fund +6.26% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Credit Risk Fund or Bandhan Credit Risk Fund?
Bandhan Credit Risk Fund charges less: 0.66% a year against 0.80%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Credit Risk Fund and Bandhan Credit Risk Fund overlap?
0.3%. They hold 1 of the same securities, the largest shared ones being Corporate Debt Mkt Devp. Fund-A2. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Credit Risk Fund or Bandhan Credit Risk Fund?
On SEBI's riskometer, Aditya Birla Sun Life Credit Risk Fund is rated Moderately High and Bandhan Credit Risk Fund Moderate. Over 3 years, the standard deviation of daily returns was 3.38% and 0.92% a year.
Which is better for SIP, Aditya Birla Sun Life Credit Risk Fund or Bandhan Credit Risk Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,24,748 in Aditya Birla Sun Life Credit Risk Fund (XIRR 11.8% a year) and ₹7,21,738 in Bandhan Credit Risk Fund (XIRR 6.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Credit Risk Fund and Bandhan Credit Risk Fund?
Yes. 0.3% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Aditya Birla Sun Life Credit Risk Fund and Bandhan Credit Risk Fund?
Aditya Birla Sun Life Credit Risk Fund: Sunaina Da Cunha, Mohit Sharma. Bandhan Credit Risk Fund: Gautam Kaul, Debraj Lahiri.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.