SBI Credit Risk Fund is a Credit Risk fund run by SBI Mutual Fund. On 30-09-2026, it managed ₹2,182 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.3% a year and its Regular plan returned 7.6% a year. Its benchmark, NIFTY Credit Risk Bond Index B-II, returned 6.5% a year over the same 3 years.
NAV (Direct plan)
₹54.11
▲ 0.07% · 30-10-2026
NAV (Regular plan)
₹49.68
▲ 0.07% · 30-10-2026
Expense ratio
0.90%Direct1.54%Regular
0.90%
A year
Riskometer
High
Set by the fund house
3 year return
8.3%Direct7.6%Regular
8.3%
A year
SBI Credit Risk Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹54.11 (up 0.07% that day); Regular Plan Growth ₹49.68 (up 0.07% that day).
This fund (Direct plan)
₹54.1076
SBI Credit Risk Fund Returns vs NIFTY Credit Risk Bond Index B-II
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)
−0.17%
+0.87%
+3.89%
+7.14%
+8.30%
+7.62%
+7.69%
This fund (Regular)
−0.23%
+0.70%
+3.56%
+6.45%
+7.60%
+6.93%
+6.97%
NIFTY Credit Risk Bond Index B-II
+0.07%
+0.12%
+1.91%
+3.85%
+6.52%
+6.74%
--
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
13/13
4/13
1/13
5/13
10/13
7/12
5/11
Category rows compare the Direct plans of 13 Credit Risk funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
SBI Credit Risk Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+6.02%
+5.45%
2025
+8.62%
+7.92%
2024
+8.80%
+8.08%
2023
+9.00%
+8.32%
2022
+4.90%
+4.25%
2021
+5.62%
+4.95%
SBI 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%2%4%6%8%10%12%
SBI 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
SBI Credit Risk Fund (Direct)Category average, 13 Credit Risk funds
0%
0%
Below 0%
0%
15%
0-5%
82%
66%
5-10%
18%
19%
10-15%
0%
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
3,104
8.8%
3.9%
12.3%
0%
8.8%
43%
2 years
2,867
8.5%
5.2%
11.7%
0%
8.3%
47%
3 years
2,627
8.1%
6.4%
11.4%
0%
7.8%
50%
5 years
2,143
7.7%
6.8%
10.2%
0%
7.0%
78%
7 years
1,661
7.9%
7.2%
9.4%
0%
7.0%
98%
10 years
933
8.2%
7.7%
8.7%
0%
7.5%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
154
8.7%
3.2%
13.6%
0%
8.8%
39%
2 years
142
8.4%
4.9%
12.0%
0%
8.4%
43%
3 years
130
8.2%
5.8%
11.7%
0%
7.8%
38%
5 years
106
8.0%
6.6%
9.8%
0%
7.0%
63%
7 years
82
7.8%
6.9%
8.8%
0%
6.4%
78%
10 years
46
7.8%
7.6%
8.0%
0%
7.0%
89%
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.
SBI Credit Risk Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
SBI Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+7.14%
+7.84%
Standard deviation
1.26%
1.21%
Sharpe ratio
1.51
2.14
Sortino ratio
2.25
3.69
Maximum drawdown
−0.61%
(23-10-2026)
−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
SBI Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+8.30%
+9.43%
Standard deviation
1.04%
1.13%
Sharpe ratio
2.20
3.03
Sortino ratio
3.53
6.53
Maximum drawdown
−0.61%
(23-10-2026)
−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
SBI Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+7.62%
+8.38%
Standard deviation
1.17%
1.12%
Sharpe ratio
1.56
2.30
Sortino ratio
2.85
4.39
Maximum drawdown
−0.72%
(06-05-2022)
−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
SBI Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+7.69%
+7.15%
Standard deviation
1.40%
1.58%
Sharpe ratio
1.64
1.11
Sortino ratio
2.62
1.54
Maximum drawdown
−2.3%
(24-03-2020)
−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
SBI Credit Risk Fund (Direct)This fund
Category average
Return (CAGR)
+8.55%
+8.09%
Standard deviation
1.25%
1.51%
Sharpe ratio
1.99
1.35
Sortino ratio
3.20
1.87
Maximum drawdown
−2.3%
(24-03-2020)
−3.7%
(24-03-2020)
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.
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.
−4%−3%−2%−1%0%
SBI Credit Risk Fund (Direct)
Category average, 13 Credit Risk funds
2014201620182020202220242026
SBI 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
SBI Credit Risk Fund (Direct)
−2.3%
06-03-2020
24-03-2020
23-04-2020
30 days
−0.36%
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 03-01-2013, 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.
SBI 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.
SBI Credit Risk Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Credit Risk median
Cost rank (1 = cheapest)
Direct
0.76%
0.00%
0.00%
0.14%
0.90%
0.80%
12/13
Regular
1.31%
0.00%
0.00%
0.23%
1.54%
1.51%
8/13
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
6.45%
7.14%
0.69%
₹1,06,450
₹1,07,140
3 years
7.60%
8.30%
0.70% a year
₹1,24,577
₹1,27,024
5 years
6.93%
7.62%
0.69% a year
₹1,39,797
₹1,44,366
10 years
6.97%
7.69%
0.72% a year
₹1,96,164
₹2,09,775
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.
SBI 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 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planSBI Credit Risk Fund (Direct)Regular planSBI 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.
SBI Credit Risk Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
87.5%Debt
Asset
Fund
Category
Debt
87.5%
79.5%
Cash and others
12.5%
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
10.6%
9.3%
AAA and A1+
6.3%
8.9%
AA
64.1%
56.7%
A and below
6.4%
4.6%
SBI Credit Risk Fund Portfolio Holdings
As on 30-09-2026 · 46 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
H.G. Infra Engineering Ltd. · Bond
[ICRA]AA-
4.64%
NJ Capital Pvt. Ltd. · Bond
[ICRA]AA-
4.54%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd. · Bond
CARE AA
4.53%
Tata Projects Ltd. · Bond
IND AA
4.53%
JTPM Metal Traders Ltd. · Bond
CRISIL AA
4.45%
Lodha Developers Ltd. · Bond
CRISIL AA
3.93%
Renserv Global Pvt Ltd. · Bond
CARE A(CE)
3.67%
JSW JFE Kalinga Steel Ltd. · Bond
CRISIL AA
3.58%
Aditya Birla Renewables Ltd. · Bond
CRISIL AA
3.44%
Motilal Oswal Home Finance Ltd. · Bond
[ICRA]AA+
3.43%
Cholamandalam Investment & Finance Co. Ltd.Perpetual · Bond
[ICRA]AA
3.37%
Raajmarg Infra Investment Trust
Transport Infrastructure
3.22%
Kogta Financial (India) Ltd. · Bond
CARE AA-
2.95%
GMR Airports Ltd. · Bond
CRISIL AA-
2.95%
Gaursons India Pvt. Ltd. · Bond
[ICRA]A-
2.75%
Avanse Financial Services Ltd. · Bond
IND AA
2.73%
Aditya Birla Real Estate Ltd. · Bond
CRISIL AA
2.30%
Motilal Oswal Financial Services Ltd. · Bond
CRISIL AA+
2.29%
Small Industries Development Bank of India · Bond
CRISIL AAA
2.25%
364 DAY T-BILL 28.01.27 · Treasury bill
Sovereign
2.25%
7.47% State Government of Karnataka 2036 · State government security
Sovereign
2.23%
Cube Highways Trust
Transport Infrastructure
2.20%
Indus Infra Trust
Transport Infrastructure
2.18%
Eris Lifesciences Ltd. · Bond
IND AA
2.06%
7.66% State Government of Bihar 2041 · State government security
Sovereign
2.01%
Eris Lifesciences Ltd. · Bond
IND AA
1.84%
7.06% CGL 2041 · Government security
Sovereign
1.34%
Indostar Capital Finance Ltd. · Bond
CARE AA-
1.15%
7.74% State Government of Tamil Nadu 2036 · State government security
Sovereign
1.14%
Small Industries Development Bank of India · Bond
CRISIL AAA
1.14%
Kotak Mahindra Prime Ltd.
CRISIL AAA
1.14%
Godrej Seeds & Genetics Ltd. · Bond
CRISIL AA
1.13%
Godrej Seeds & Genetics Ltd. · Bond
CRISIL AA
1.13%
Godrej Seeds & Genetics Ltd. · Bond
CRISIL AA
1.13%
Godrej Seeds & Genetics Ltd. · Bond
CRISIL AA
1.13%
7.72% State Government of Uttar Pradesh 2036 · State government security
Sovereign
1.00%
India Infrastructure Finance Company Ltd. · Bond
[ICRA]AAA
0.89%
Sheela Foam Ltd. · Bond
IND AA
0.86%
Mahanagar Telephone Nigam Ltd. · Bond
IND AAA(CE)
0.68%
Capital Infra Trust
Construction
0.66%
Vertis Infrastructure Trust
Transport Infrastructure
0.65%
Corporate Debt Market Development Fund-A2
CDMDF
0.39%
7.64% State Government of Rajasthan 2036 · State government security
Sovereign
0.23%
6.17% CGL 2028 · Government security
Sovereign
0.23%
Small Industries Development Bank of India · Bond
CRISIL AAA
0.23%
7.55% State Government of Maharashtra 2034 · State government security
Sovereign
0.20%
SBI 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.
SBI Credit Risk Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.90%
Expense ratio (Regular)
1.54%
Category
Credit Risk
Risk
High
Benchmark
NIFTY Credit Risk Bond Index B-II
Launch date
19-07-2004
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹2,182.18 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119798
ISIN (Direct)
INF200K01SV4
Scheme code (Regular)
102505
ISIN (Regular)
INF200K01685
NAV history
From 03-01-2013, 13.8 years
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
Tax on SBI Credit Risk Fund returns
SBI 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
₹54.1076
30-10-2026
direct
IDCW
₹17.1691
30-10-2026
direct
IDCW
₹25.1794
30-10-2026
regular
Growth
₹49.675
30-10-2026
regular
IDCW
₹16.4412
30-10-2026
regular
IDCW
₹22.4573
30-10-2026
About SBI Credit Risk Fund
SBI Credit Risk Fund is a mutual fund from SBI Mutual Fund. Its category is Credit Risk. It was launched on 19-07-2004. Its benchmark is NIFTY Credit Risk Bond Index B-II. At the end of September 2026 it held 46 securities.
Fund Manager
Lokesh Mallya
Fund manager of SBI Credit Risk Fund, since 01-02-2017
Frequently Asked Questions for SBI Credit Risk Fund
What is the current NAV of SBI Credit Risk Fund?
The Direct plan NAV is ₹54.1076. The Regular plan NAV is ₹49.675, as on 30-10-2026.
What are the returns of SBI Credit Risk Fund?
The Direct plan returned +7.14% in 1 year, +8.30% a year over 3 years, +7.62% a year over 5 years. The Regular plan returned +6.45% in 1 year, +7.60% a year over 3 years, +6.93% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of SBI Credit Risk Fund?
The Direct plan charges 0.90% a year. The Regular plan charges 1.54% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of SBI Credit Risk Fund?
SBI Credit Risk Fund managed ₹2,182.18 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of SBI Credit Risk Fund?
At the end of September 2026 the largest holdings were 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%). The fund held 46 securities in all.
How do I invest in SBI Credit Risk Fund?
Through SBI 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 ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of SBI Credit Risk Fund?
Lokesh Mallya (since 01-02-2017).
What is the exit load of SBI Credit Risk Fund?
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
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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