Aditya Birla Sun Life Credit Risk Fund vs Kotak Credit Risk Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Credit Risk Fund and Kotak 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 Kotak Credit Risk Fund (Direct) returned 8.3% a year. Aditya Birla Sun Life Credit Risk Fund charges 0.80% a year and Kotak Credit Risk Fund 0.81% (Direct plans). Their portfolios overlap 8.1%: they hold 6 of the same securities.
Aditya Birla Sun Life Credit Risk Fund
Credit Risk
- 3 year return
- 12.9%
- Expense ratio
- 0.80%
- NAV
- ₹28.16
Kotak Credit Risk Fund
Credit Risk
- 3 year return
- 8.3%
- Expense ratio
- 0.81%
- NAV
- ₹36.31
Which is better, Aditya Birla Sun Life Credit Risk or Kotak 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 6.6%.
- Aditya Birla Sun Life Credit Risk returned more over 3 years: 12.9% a year against 8.3%.
- Aditya Birla Sun Life Credit Risk costs less: 0.80% a year against 0.81% (Direct plans).
- Kotak Credit Risk swung less over 3 years: a standard deviation of 1.5% a year against 3.4%.
- Kotak Credit Risk fell less in its worst fall since 22-04-2015: −3.9% against −3.9%.
- Aditya Birla Sun Life Credit Risk is the larger fund: ₹1,657 Cr against ₹769 Cr.
- Their portfolios overlap 8.1%: 6 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 | Kotak Credit Risk Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Credit Risk | Credit Risk |
| AUM | ₹1,657 Cr (30-09-2026) | ₹769 Cr (30-09-2026) |
| NAV | ₹28.16 (Direct) | ₹36.31 (Direct) |
| Expense ratio (Direct) | 0.80% | 0.81% |
| Expense ratio (Regular) | 1.60% | 1.73% |
| Riskometer | Moderately High | High |
| Benchmark | CRISIL Credit Risk Debt B-II Index | CRISIL Credit Risk Debt B-II Index |
| Launch date | 17-04-2015 | 11-05-2010 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Sunaina Da Cunha, Mohit Sharma | Vihag Mishra, Deepak Agrawal |
| Exit load | Exit load of 1%, if redeemed within 1 Year. | Exit load for units in excess of 6% of the investment,1% will be charged for redemption within 365 days |
Aditya Birla Sun Life Credit Risk vs Kotak 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% |
| Kotak Credit Risk Fund (Direct) | −0.05% | +0.81% | +3.27% | +5.95% | +8.31% | +6.63% | +7.24% |
| Credit Risk average | −0.04% | +0.78% | +3.31% | +7.84% | +9.41% | +9.83% | +6.82% |
Category average: the average of the 13 Credit Risk funds, same plan type.
Aditya Birla Sun Life Credit Risk vs Kotak Credit Risk: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Credit Risk | KotakKotak Credit Risk |
|---|---|---|
| 2026to date | +9.83% | +4.99% |
| 2025 | +14.42% | +10.12% |
| 2024 | +12.92% | +8.13% |
| 2023 | +7.83% | +7.45% |
| 2022 | +8.07% | +1.89% |
| 2021 | +7.24% | +6.37% |
Aditya Birla Sun Life Credit Risk vs Kotak Credit Risk: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,065 of them, one for each trading day from 23-04-2018 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)
Kotak Credit Risk Fund (Direct)
to
Dec 2018Jun 2017
to
Jun 2020Nov 2018
to
Nov 2021May 2020
to
May 2023Oct 2021
to
Oct 2024Feb 2023
to
Feb 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 | 80.0 | 20.0 | 0.0 | 0.0 | 0.0 | 8.7% | 8.3% | 5.3% | 13.3% |
| Kotak Credit Risk | 0.0 | 1.0 | 99.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.4% | 8.0% | 4.6% | 9.7% |
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 22-04-2015. Past returns do not promise future returns.
Aditya Birla Sun Life Credit Risk vs Kotak 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 22-04-2015 to 30-10-2026: 139 instalments, ₹13,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Credit RiskAditya Birla Sun Life Credit Risk Fund (Direct) | ₹13,90,000 | ₹25,12,533 | ₹11,22,533 | 9.8% |
| Kotak Credit RiskKotak Credit Risk Fund (Direct) | ₹13,90,000 | ₹21,56,317 | ₹7,66,317 | 7.3% |
Aditya Birla Sun Life Credit RiskAditya Birla Sun Life Credit Risk Fund (Direct)
Kotak Credit RiskKotak 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 Kotak 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) | Kotak Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.12% | +5.95% |
| Standard deviation | 3.54% | 1.42% |
| Sharpe ratio | 1.66 | 0.50 |
| Sortino ratio | 6.64 | 0.70 |
| Maximum drawdown | −0.5% (23-10-2026) | −0.6% (23-10-2026) |
| 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) | Kotak Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.89% | +8.31% |
| Standard deviation | 3.38% | 1.54% |
| Sharpe ratio | 2.03 | 1.48 |
| Sortino ratio | 10.06 | 1.96 |
| Maximum drawdown | −0.5% (23-10-2026) | −1.5% (30-09-2024) |
| 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) | Kotak Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.77% | +6.63% |
| Standard deviation | 2.88% | 1.64% |
| Sharpe ratio | 1.72 | 0.51 |
| Sortino ratio | 7.35 | 0.61 |
| Maximum drawdown | −0.8% (06-05-2022) | −3.1% (13-05-2022) |
| 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) | Kotak Credit Risk Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.38% | +8.15% |
| Standard deviation | 2.57% | 1.79% |
| Sharpe ratio | 1.47 | 1.18 |
| Sortino ratio | 2.53 | 1.58 |
| Maximum drawdown | −3.9% (25-11-2019) | −3.9% (29-04-2020) |
| 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)
Kotak 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% |
| Kotak Credit Risk Fund (Direct) | −3.9% | 04-03-2020 | 29-04-2020 | 02-07-2020 | 2 months | −0.3% |
From daily values since 22-04-2015, 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)
Kotak 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)
Kotak 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)
Kotak Credit Risk Fund (Direct)
Aditya Birla Sun Life Credit Risk vs Kotak Credit Risk: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Credit Risk Fund, September 2026; Kotak Credit Risk Fund, September 2026
Holdings in common
- Overlap
- 8.1%
- Held by both
- 6
- Only in Aditya Birla Sun Life Credit Risk
- 49
- Only in Kotak Credit Risk
- 34
| Security | % of Aditya Birla Sun Life Credit Risk | % of Kotak Credit Risk |
|---|---|---|
| Jubilant Bevco Ltd. (31/05/2028) (ZCB) | 4.41% | 7.31% |
| Indus Infra Trust | 1.96% | 4.60% |
| Embassy Office Parks Reit | 1.00% | 3.16% |
| Cube Highways Trust | 1.36% | 0.42% |
| Corporate Debt Mkt Devp. Fund-A2 | 0.26% | 0.55% |
| Government of India (06/10/2035) | 0.02% | 2.48% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 8.1% means 8.1% 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% |
| JTPM Metal Traders Ltd. (29/09/2028) (ZCB) | 3.83% |
| 8.45% Adani Airport Holdings Ltd. (12/02/2029) | 3.58% |
| 5.00% GMR Airports Ltd. (13/02/2027) | 3.33% |
Largest holdings only in Kotak Credit Risk Fund
| Security | % of fund |
|---|---|
| VEDANTA LTD. | 6.55% |
| BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LTD | 6.52% |
| TATA PROJECTS LTD. | 6.50% |
| MUTHOOT FINANCE LTD.(^) | 6.49% |
| ADITYA BIRLA REAL ESTATE LTD | 5.81% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Credit Risk | Kotak Credit Risk |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 82.7% | 79.4% |
| Cash and others | 17.3% | 20.6% |
Aditya Birla Sun Life Credit Risk vs Kotak Credit Risk: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Credit Risk Fund | Kotak Credit Risk Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 0.81% |
| Base expense ratio (Direct) | 0.67% | 0.69% |
| Total expense ratio (Regular) | 1.60% | 1.73% |
| Base expense ratio (Regular) | 1.36% | 1.47% |
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 Kotak Credit Risk Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Credit Risk Fund and Kotak Credit Risk Fund?
Both are Credit Risk funds, run by Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 8.1%. Aditya Birla Sun Life Credit Risk Fund charges 0.80% a year and Kotak Credit Risk Fund 0.81%.
Which has given higher returns, Aditya Birla Sun Life Credit Risk Fund or Kotak Credit Risk Fund?
Over 1 year: Aditya Birla Sun Life Credit Risk Fund +11.12%, Kotak Credit Risk Fund +5.95%. Over 3 years: Aditya Birla Sun Life Credit Risk Fund +12.89% a year, Kotak Credit Risk Fund +8.31% a year. Over 5 years: Aditya Birla Sun Life Credit Risk Fund +10.77% a year, Kotak Credit Risk Fund +6.63% 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 Kotak Credit Risk Fund?
Aditya Birla Sun Life Credit Risk Fund charges less: 0.80% a year against 0.81%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Credit Risk Fund and Kotak Credit Risk Fund overlap?
8.1%. They hold 6 of the same securities, the largest shared ones being Jubilant Bevco Ltd. (31/05/2028) (ZCB), INDUSINVIT, EMBASSY-RR. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Credit Risk Fund or Kotak Credit Risk Fund?
On SEBI's riskometer, Aditya Birla Sun Life Credit Risk Fund is rated Moderately High and Kotak Credit Risk Fund High. Over 3 years, the standard deviation of daily returns was 3.38% and 1.54% a year.
Which is better for SIP, Aditya Birla Sun Life Credit Risk Fund or Kotak 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 ₹7,39,694 in Kotak Credit Risk Fund (XIRR 7.5% 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 Kotak Credit Risk Fund?
Yes. 8.1% 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 Kotak Credit Risk Fund?
Aditya Birla Sun Life Credit Risk Fund: Sunaina Da Cunha, Mohit Sharma. Kotak Credit Risk Fund: Vihag Mishra, Deepak Agrawal.
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.