DSP Credit Risk Fund is a Credit Risk fund run by DSP Mutual Fund. On 30-09-2026, it managed ₹326 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 13.7% a year and its Regular plan returned 12.8% a year.
NAV (Direct plan)
₹60.87
▼ 0.01% · 30-10-2026
NAV (Regular plan)
₹55.18
▼ 0.01% · 30-10-2026
Expense ratio
0.42%Direct1.19%Regular
0.42%
A year
Riskometer
Moderately High
Set by the fund house
3 year return
13.7%Direct12.8%Regular
13.7%
A year
DSP Credit Risk Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹60.87 (down 0.01% that day); Regular Plan Growth ₹55.18 (down 0.01% that day).
This fund (Direct plan)
₹60.8706
DSP Credit Risk Fund Returns vs Credit Risk Funds
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.02%
+0.63%
+3.68%
+10.33%
+13.69%
+13.34%
+8.62%
This fund (Regular)
−0.08%
+0.43%
+3.27%
+9.45%
+12.80%
+12.43%
+7.79%
Credit Risk average
−0.04%
+0.78%
+3.31%
+7.84%
+9.41%
+9.83%
+6.82%
Best in Credit Risk
+0.23%
+1.32%
+3.89%
+16.97%
+13.69%
+27.83%
+9.17%
Worst in Credit Risk
−0.17%
+0.35%
+2.76%
+5.00%
+7.09%
+6.26%
+2.38%
Rank in Credit Risk
4/13
11/13
4/13
3/13
1/13
2/12
2/11
Category rows compare the Direct plans of 13 Credit Risk funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Credit Risk Debt B-II Index. Returns of that index are not available to us, so the category average is the comparison.
DSP Credit Risk Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+9.31%
+8.60%
2025
+21.99%
+21.04%
2024
+8.62%
+7.80%
2023
+16.57%
+15.59%
2022
+10.12%
+9.25%
2021
+3.74%
+2.87%
DSP Credit Risk Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,627 periods, one for each trading day from 04-01-2016 to 30-10-2026.
0%5%10%15%20%
DSP Credit Risk Fund (Direct)
Category average, 13 Credit Risk funds
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
DSP Credit Risk Fund (Direct)Category average, 13 Credit Risk funds
0%
0%
Below 0%
27%
15%
0-5%
31%
66%
5-10%
29%
19%
10-15%
13%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
3,103
9.1%
−3.9%
24.4%
6%
8.8%
46%
2 years
2,868
9.6%
0.5%
20.2%
0%
8.3%
38%
3 years
2,627
8.7%
2.2%
17.1%
0%
7.8%
36%
5 years
2,142
7.2%
3.6%
13.4%
0%
6.9%
34%
7 years
1,657
6.6%
5.3%
11.2%
0%
7.0%
44%
10 years
928
7.8%
7.0%
9.0%
0%
7.5%
79%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
154
8.8%
−6.5%
34.7%
6%
8.8%
44%
2 years
142
9.6%
−1.2%
23.9%
4%
8.4%
52%
3 years
130
8.1%
1.0%
19.9%
0%
7.8%
45%
5 years
106
6.7%
3.4%
15.6%
0%
7.0%
48%
7 years
82
5.9%
4.3%
13.4%
0%
6.4%
44%
10 years
46
7.9%
6.1%
11.0%
0%
7.0%
80%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 13 Credit Risk funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
DSP Credit Risk Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
DSP Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+10.33%
+7.84%
Standard deviation
6.10%
1.21%
Sharpe ratio
0.83
2.14
Sortino ratio
2.95
3.69
Maximum drawdown
−1.8%
(06-02-2026)
−0.36%
(23-10-2026)
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.
Measure
DSP Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+13.69%
+9.43%
Standard deviation
6.13%
1.13%
Sharpe ratio
1.25
3.03
Sortino ratio
7.29
6.53
Maximum drawdown
−1.8%
(06-02-2026)
−0.36%
(23-10-2026)
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.
Measure
DSP Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+13.34%
+8.38%
Standard deviation
6.55%
1.12%
Sharpe ratio
1.15
2.30
Sortino ratio
8.23
4.39
Maximum drawdown
−1.8%
(06-02-2026)
−1.1%
(06-05-2022)
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.
Measure
DSP Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+8.62%
+7.15%
Standard deviation
5.07%
1.58%
Sharpe ratio
0.64
1.11
Sortino ratio
1.64
1.54
Maximum drawdown
−6.0%
(18-12-2018)
−3.7%
(24-03-2020)
From daily NAVs, 28-10-2016 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.
Measure
DSP Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+9.12%
+8.09%
Standard deviation
4.36%
1.51%
Sharpe ratio
0.70
1.35
Sortino ratio
1.77
1.87
Maximum drawdown
−6.0%
(18-12-2018)
−3.7%
(24-03-2020)
From daily NAVs, 02-01-2013 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.
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.
−6%−5%−4%−3%−2%−1%0%
DSP Credit Risk Fund (Direct)
Category average, 13 Credit Risk funds
2014201620182020202220242026
DSP Credit Risk Fund (Direct)Category average, 13 Credit Risk funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
DSP Credit Risk Fund (Direct)
−6.0%
03-09-2018
18-12-2018
24-01-2020
13 months
−0.14%
Category average
−3.7%
14-02-2020
24-03-2020
30-07-2020
4 months
−0.13%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and the average of the 13 Credit Risk funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
DSP Credit Risk Fund vs Other Credit Risk Funds
The five Credit Risk funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
DSP Credit Risk Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Credit Risk median
Cost rank (1 = cheapest)
Direct
0.34%
0.01%
0.00%
0.07%
0.42%
0.80%
2/13
Regular
1.00%
0.01%
0.00%
0.18%
1.19%
1.51%
1/13
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Credit Risk funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
9.45%
10.33%
0.88%
₹1,09,450
₹1,10,330
3 years
12.80%
13.69%
0.89% a year
₹1,43,525
₹1,46,949
5 years
12.43%
13.34%
0.91% a year
₹1,79,643
₹1,87,032
10 years
7.79%
8.62%
0.83% a year
₹2,11,731
₹2,28,611
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
DSP Credit Risk Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planDSP Credit Risk Fund (Direct)Regular planDSP Credit Risk Fund (Regular)Category averageCategory average, 13 Credit Risk fundsAmount invested
From each plan's published NAV (Growth option) and the category average, 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.
DSP Credit Risk Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
93.5%Debt
Asset
Fund
Category
Debt
93.5%
79.5%
Cash and others
6.5%
20.5%
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 13 Credit Risk funds.
Rating
Fund
Category
Sovereign
12.4%
9.3%
AAA and A1+
10.7%
8.9%
AA
70.4%
56.7%
DSP Credit Risk Fund Portfolio Holdings
As on 30-09-2026 · 25 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
6.94% GOI 11052036 · Government security
Sovereign
10.85%
Kotak Mahindra Bank Limited
CRISIL A1+
7.50%
Aditya Birla Digital Fashion Ventures Limited · Bond
CRISIL AA-
6.18%
Nuvoco Vistas Corporation Limited · Bond
CRISIL AA
6.09%
Adani Airport Holdings Limited · Bond
IND AA-
6.08%
GMR Airports Limited · Bond
CRISIL AA-
5.05%
JTPM Metal Traders Limited · Bond
CRISIL AA
4.97%
Tata Housing Development Co Limited · Bond
CARE AA
4.80%
Aditya Birla Renewables Limited · Bond
CRISIL AA
4.61%
GMR Airports Limited · Bond
CRISIL AA-
3.34%
Piramal Finance Limited · Bond
ICRA AA+
3.33%
Aadhar Housing Finance Limited · Bond
ICRA AA+
3.24%
Kogta Financial India Limited · Bond
CARE AA-
3.15%
Tata Projects Limited · Bond
CRISIL AA
3.15%
Nuvama Wealth Finance Limited · Bond
CARE AA
3.11%
Tata Projects Limited · Bond
IND AA
3.08%
Adani Power Limited · Bond
CRISIL AA
3.06%
Adani Power Limited · Bond
CRISIL AA
3.05%
360 One Prime Limited · Bond
ICRA AA
1.66%
National Bank For Agriculture & Rural Development · Bond
CRISIL AAA
1.60%
REC Limited · Bond
CRISIL AAA
1.59%
7.10% GOI 08042034 · Government security
Sovereign
1.58%
360 One Prime Limited · Bond
ICRA AA
1.54%
Tata Projects Limited · Bond
IND AA
0.93%
SBI Funds Management Pvt Limited/Fund Parent
0.25%
DSP Credit Risk Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
DSP Credit Risk Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.42%
Expense ratio (Regular)
1.19%
Category
Credit Risk
Risk
Moderately High
Benchmark
CRISIL Credit Risk Debt B-II Index
Launch date
13-05-2003
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹325.92 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119082
ISIN (Direct)
INF740K01OS4
Scheme code (Regular)
101837
ISIN (Regular)
INF740K01599
NAV history
From 02-01-2013, 13.8 years
Exit load
1. 3% - If the units are redeemed or switched out within 12 months from the date of allotment. 2. NIL - If units are redeemed or switched out on or after 12 months from the date of allotment Note: No exit load shall be levied in case of switch of investments from Direct Plan to Regular Plan and vice versa.
Tax on DSP Credit Risk Fund returns
DSP Credit Risk Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹60.8706
30-10-2026
direct
Monthly IDCW
₹11.1907
30-10-2026
direct
IDCW
₹12.7596
30-10-2026
direct
Daily IDCW
₹11.1101
30-10-2026
direct
Quarterly IDCW
₹11.5323
30-10-2026
direct
Weekly IDCW
₹11.1127
30-10-2026
regular
Growth
₹55.1805
30-10-2026
regular
IDCW
₹12.6445
30-10-2026
regular
Daily IDCW
₹11.0996
30-10-2026
regular
Monthly IDCW
₹11.2451
30-10-2026
regular
Quarterly IDCW
₹11.4552
30-10-2026
regular
Weekly IDCW
₹11.106
30-10-2026
About DSP Credit Risk Fund
DSP Credit Risk Fund is a mutual fund from DSP Mutual Fund. Its category is Credit Risk. It was launched on 13-05-2003. Its benchmark is CRISIL Credit Risk Debt B-II Index. At the end of September 2026 it held 25 securities.
Fund Manager
Vivek Ramakrishnan
Fund manager of DSP Credit Risk Fund, since 17-07-2021
Shalini Vasanta
Fund manager of DSP Credit Risk Fund, since 01-01-2025
Kunal Khudania
Fund manager of DSP Credit Risk Fund, since 01-01-2026
Frequently Asked Questions for DSP Credit Risk Fund
What is the current NAV of DSP Credit Risk Fund?
The Direct plan NAV is ₹60.8706. The Regular plan NAV is ₹55.1805, as on 30-10-2026.
What are the returns of DSP Credit Risk Fund?
The Direct plan returned +10.33% in 1 year, +13.69% a year over 3 years, +13.34% a year over 5 years. The Regular plan returned +9.45% in 1 year, +12.80% a year over 3 years, +12.43% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of DSP Credit Risk Fund?
The Direct plan charges 0.42% a year. The Regular plan charges 1.19% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of DSP Credit Risk Fund?
DSP Credit Risk Fund managed ₹325.92 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of DSP Credit Risk Fund?
At the end of September 2026 the largest holdings were 6.94% GOI 11052036 (10.85%), Kotak Mahindra Bank Limited (7.50%), Aditya Birla Digital Fashion Ventures Limited (6.18%), Nuvoco Vistas Corporation Limited (6.09%), Adani Airport Holdings Limited (6.08%). The fund held 25 securities in all.
How do I invest in DSP Credit Risk Fund?
Through DSP Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
1. 3% - If the units are redeemed or switched out within 12 months from the date of allotment. 2. NIL - If units are redeemed or switched out on or after 12 months from the date of allotment Note: No exit load shall be levied in case of switch of investments from Direct Plan to Regular Plan and vice versa.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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