SBI Credit Risk Fund vs UTI - Credit Risk Fund.
Direct Plan, Growth option · Data as on 30-10-2026
SBI Credit Risk Fund and UTI - Credit Risk Fund. are both Credit Risk funds. In the 3 years to 30-10-2026, SBI Credit Risk Fund (Direct) returned 8.3% a year and UTI - Credit Risk Fund. (Direct) returned 7.6% a year. SBI Credit Risk Fund charges 0.90% a year and UTI - Credit Risk Fund. 0.76% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
UTI - Credit Risk Fund.
Credit Risk
- 3 year return
- 7.6%
- Expense ratio
- 0.76%
- NAV
- ₹20.88
Which is better, SBI Credit Risk or UTI - Credit Risk Fund.? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Credit Risk returned more over 5 years: 7.6% a year against 6.8%.
- SBI Credit Risk returned more over 3 years: 8.3% a year against 7.6%.
- UTI - Credit Risk Fund. costs less: 0.76% a year against 0.90% (Direct plans).
- UTI - Credit Risk Fund. swung less over 3 years: a standard deviation of 0.8% a year against 1.0%.
- SBI Credit Risk fell less in its worst fall since 03-01-2013: −2.3% against −34.4%.
- SBI Credit Risk is the larger fund: ₹2,182 Cr against ₹241 Cr.
- Their portfolios overlap 0.0%: 0 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 | SBI Credit Risk Fund | UTI - Credit Risk Fund. |
|---|---|---|
| Fund house | SBI Mutual Fund | UTI Mutual Fund |
| Category | Credit Risk | Credit Risk |
| AUM | ₹2,182 Cr (30-09-2026) | ₹241 Cr (30-09-2026) |
| NAV | ₹54.11 (Direct) | ₹20.88 (Direct) |
| Expense ratio (Direct) | 0.90% | 0.76% |
| Expense ratio (Regular) | 1.54% | 1.43% |
| Riskometer | High | Moderately High |
| Benchmark | NIFTY Credit Risk Bond Index B-II | CRISIL Credit Risk Debt B-II Index |
| Launch date | 19-07-2004 | 19-11-2012 |
| Minimum investment | ₹5,000 | Regular Plan-Half-yearly Reinvestment of IDCW- Rs.20000, Regular Plan-Half-yearly Payout of IDCW- Rs.20000, Regular PlanGrowth- Rs.500, Regular Plan-Flexi Reinvestment of IDCW- Rs.20000, Regular Plan-Flexi Payout of IDCW- Rs.20000, Regular PlanQuarterly R |
| Lock in | None | None |
| Fund managers | Lokesh Mallya | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| 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 | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
SBI Credit Risk vs UTI - Credit Risk Fund.: 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 |
|---|---|---|---|---|---|---|---|
| SBI Credit Risk Fund (Direct) | −0.17% | +0.87% | +3.89% | +7.14% | +8.30% | +7.62% | +7.69% |
| UTI - Credit Risk Fund. (Direct) | −0.04% | +0.68% | +2.84% | +5.61% | +7.57% | +6.83% | +3.33% |
| 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.
SBI Credit Risk vs UTI - Credit Risk Fund.: Year-wise Returns
| Year | SBI Credit RiskSBI Credit Risk | UTI - Credit Risk Fund.UTI - Credit Risk Fund. |
|---|---|---|
| 2026to date | +6.02% | +4.58% |
| 2025 | +8.62% | +8.11% |
| 2024 | +8.80% | +8.67% |
| 2023 | +9.00% | +7.42% |
| 2022 | +4.90% | +4.67% |
| 2021 | +5.62% | +22.36% |
SBI Credit Risk vs UTI - Credit Risk Fund.: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,627 of them, one for each trading day from 04-01-2016 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.
SBI Credit Risk Fund (Direct)
UTI - Credit Risk Fund. (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Credit Risk | 0.0 | 0.0 | 82.4 | 17.6 | 0.0 | 0.0 | 0.0 | 8.4% | 8.1% | 6.4% | 11.4% |
| UTI - Credit Risk Fund. | 27.8 | 4.0 | 38.7 | 29.4 | 0.0 | 0.0 | 0.0 | 4.7% | 8.0% | −9.8% | 12.3% |
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 03-01-2013. Past returns do not promise future returns.
SBI Credit Risk vs UTI - Credit Risk Fund.: 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 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Credit RiskSBI Credit Risk Fund (Direct) | ₹16,60,000 | ₹29,77,866 | ₹13,17,866 | 8.0% |
| UTI - Credit Risk Fund.UTI - Credit Risk Fund. (Direct) | ₹16,60,000 | ₹23,39,970 | ₹6,79,970 | 4.8% |
SBI Credit RiskSBI Credit Risk Fund (Direct)
UTI - Credit Risk Fund.UTI - 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.
SBI Credit Risk vs UTI - Credit Risk Fund.: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Credit Risk Fund (Direct) | UTI - Credit Risk Fund. (Direct) |
|---|---|---|
| Return (CAGR) | +7.14% | +5.61% |
| Standard deviation | 1.26% | 1.01% |
| Sharpe ratio | 1.51 | 0.36 |
| Sortino ratio | 2.25 | 0.52 |
| Maximum drawdown | −0.6% (23-10-2026) | −0.4% (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 | SBI Credit Risk Fund (Direct) | UTI - Credit Risk Fund. (Direct) |
|---|---|---|
| Return (CAGR) | +8.30% | +7.57% |
| Standard deviation | 1.04% | 0.85% |
| Sharpe ratio | 2.20 | 1.82 |
| Sortino ratio | 3.53 | 2.91 |
| Maximum drawdown | −0.6% (23-10-2026) | −0.4% (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 | SBI Credit Risk Fund (Direct) | UTI - Credit Risk Fund. (Direct) |
|---|---|---|
| Return (CAGR) | +7.62% | +6.83% |
| Standard deviation | 1.17% | 0.91% |
| Sharpe ratio | 1.56 | 1.13 |
| Sortino ratio | 2.85 | 1.60 |
| Maximum drawdown | −0.7% (06-05-2022) | −0.8% (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 | SBI Credit Risk Fund (Direct) | UTI - Credit Risk Fund. (Direct) |
|---|---|---|
| Return (CAGR) | +8.55% | +5.37% |
| Standard deviation | 1.25% | 6.04% |
| Sharpe ratio | 1.99 | -0.11 |
| Sortino ratio | 3.20 | -0.13 |
| Maximum drawdown | −2.3% (24-03-2020) | −34.4% (27-08-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 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.
SBI Credit Risk Fund (Direct)
UTI - Credit Risk Fund. (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Credit Risk Fund (Direct) | −2.3% | 06-03-2020 | 24-03-2020 | 23-04-2020 | 30 days | −0.4% |
| UTI - Credit Risk Fund. (Direct) | −34.4% | 03-06-2019 | 27-08-2020 | 09-10-2024 | 49 months | −0.2% |
From daily values since 03-01-2013, 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.
SBI Credit Risk Fund (Direct)
UTI - 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.
SBI Credit Risk Fund (Direct)
UTI - 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.
SBI Credit Risk Fund (Direct)
UTI - Credit Risk Fund. (Direct)
SBI Credit Risk vs UTI - Credit Risk Fund.: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Credit Risk Fund, September 2026; UTI - Credit Risk Fund., September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in SBI Credit Risk
- 46
- Only in UTI - Credit Risk Fund.
- 0
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% 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 SBI Credit Risk Fund
| Security | % of fund |
|---|---|
| H.G. Infra Engineering Ltd. | 4.64% |
| NJ Capital Pvt. Ltd. | 4.54% |
| Renew Solar Energy (Jharkhand Five) Pvt. Ltd. | 4.53% |
| Tata Projects Ltd. | 4.53% |
| JTPM Metal Traders Ltd. | 4.45% |
Largest holdings only in UTI - Credit Risk Fund.
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Credit Risk | UTI - Credit Risk Fund. |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 87.5% | 0.0% |
| Cash and others | 12.5% | 100.0% |
SBI Credit Risk vs UTI - Credit Risk Fund.: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Credit Risk Fund | UTI - Credit Risk Fund. |
|---|---|---|
| Total expense ratio (Direct) | 0.90% | 0.76% |
| Base expense ratio (Direct) | 0.76% | 0.65% |
| Total expense ratio (Regular) | 1.54% | 1.43% |
| Base expense ratio (Regular) | 1.31% | 1.24% |
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 SBI Credit Risk with
SBI Credit Risk Fund vs UTI - Credit Risk Fund.: Frequently Asked Questions
What is the difference between SBI Credit Risk Fund and UTI - Credit Risk Fund.?
Both are Credit Risk funds, run by SBI Mutual Fund and UTI Mutual Fund. Their portfolios overlap 0.0%. SBI Credit Risk Fund charges 0.90% a year and UTI - Credit Risk Fund. 0.76%.
Which has given higher returns, SBI Credit Risk Fund or UTI - Credit Risk Fund.?
Over 1 year: SBI Credit Risk Fund +7.14%, UTI - Credit Risk Fund. +5.61%. Over 3 years: SBI Credit Risk Fund +8.30% a year, UTI - Credit Risk Fund. +7.57% a year. Over 5 years: SBI Credit Risk Fund +7.62% a year, UTI - Credit Risk Fund. +6.83% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Credit Risk Fund or UTI - Credit Risk Fund.?
UTI - Credit Risk Fund. charges less: 0.76% a year against 0.90%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Credit Risk Fund and UTI - Credit Risk Fund. overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, SBI Credit Risk Fund or UTI - Credit Risk Fund.?
On SEBI's riskometer, SBI Credit Risk Fund is rated High and UTI - Credit Risk Fund. Moderately High. Over 3 years, the standard deviation of daily returns was 1.04% and 0.85% a year.
Which is better for SIP, SBI Credit Risk Fund or UTI - Credit Risk Fund.?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,49,209 in SBI Credit Risk Fund (XIRR 8.0% a year) and ₹7,32,655 in UTI - Credit Risk Fund. (XIRR 7.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both SBI Credit Risk Fund and UTI - Credit Risk Fund.?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages SBI Credit Risk Fund and UTI - Credit Risk Fund.?
SBI Credit Risk Fund: Lokesh Mallya. UTI - Credit Risk Fund.: Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
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.