DSP Credit Risk Fund Direct Growth
DebtCredit RiskModerately High risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹210 Cr
Expense Ratio
0.40%
ISIN
INF740K01OS4
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹54.17, Assets Under Management (AUM) of 209.55 Crores, and an expense ratio of 0.4%.
- DSP Credit Risk Fund Direct Growth has given a CAGR return of 9.14% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 69.65% in debts, and 21.07% in cash & cash equivalents.
- You can start investing in DSP Credit Risk Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.08%
+11.43% (Cat Avg.)
3 Years
+15.80%
+8.98% (Cat Avg.)
5 Years
+12.51%
+9.73% (Cat Avg.)
10 Years
+8.92%
+6.35% (Cat Avg.)
Since Inception
+9.14%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹145.95 Cr | 69.65% |
| Others | ₹63.6 Cr | 30.35% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹34.06 Cr | 16.25% |
| Roadstar Infra Investment Trust | Mutual Fund - Unspecified | ₹18.79 Cr | 8.97% |
| Aditya Birla Renewables Limited | Bond - Corporate Bond | ₹16.19 Cr | 7.73% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.69 Cr | 7.49% |
| Tata Housing Development Company Limited | Bond - Corporate Bond | ₹15.57 Cr | 7.43% |
| Nirma Limited | Bond - Corporate Bond | ₹15.45 Cr | 7.37% |
| JSW Steel Limited | Bond - Corporate Bond | ₹15.24 Cr | 7.27% |
| TATA Projects Limited | Bond - Corporate Bond | ₹10.77 Cr | 5.14% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹10.5 Cr | 5.01% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹10.41 Cr | 4.97% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹10.09 Cr | 4.81% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹10.07 Cr | 4.81% |
| Aditya Birla Real Estate Limited | Bond - Corporate Bond | ₹10.07 Cr | 4.80% |
| TATA Projects Limited | Bond - Corporate Bond | ₹5.48 Cr | 2.61% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.32 Cr | 2.54% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹5.19 Cr | 2.48% |
| Belstar Microfinance Limited | Bond - Corporate Bond | ₹1.26 Cr | 0.60% |
| Net Receivables/Payables | Cash | ₹-1.26 Cr | 0.60% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹0.65 Cr | 0.31% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹125.79 Cr | 60.03% |
| Cash - Repurchase Agreement | ₹34.06 Cr | 16.25% |
| Bond - Gov't/Treasury | ₹31.51 Cr | 15.04% |
| Mutual Fund - Unspecified | ₹18.79 Cr | 8.97% |
| Cash | ₹-1.26 Cr | 0.60% |
| Mutual Fund - Open End | ₹0.65 Cr | 0.31% |
Risk & Performance Ratios
Standard Deviation
This fund
6.77%
Cat. avg.
2.58%
Lower the better
Sharpe Ratio
This fund
1.24
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.84
Higher the better
Fund Managers
Vivek Ramakrishnan
Since July 2021
Shalini Vasanta
Since January 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF740K01OS4 | Expense Ratio | 0.40% | Exit Load | 1.00% | Fund Size | ₹210 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Credit Risk Debt B-II TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Credit Risk Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| HSBC Credit Risk Fund Direct Growth Moderately High risk | 1.0% | 3.0% | ₹657.46 Cr | 22.6% |
| ICICI Prudential Credit Risk Fund Direct Growth High Risk | 0.8% | 1.0% | ₹6135.44 Cr | 10.2% |
| Nippon India Credit Risk Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1017.30 Cr | 10.4% |
| Kotak Credit Risk Fund Direct Growth High Risk | 0.8% | 1.0% | ₹704.00 Cr | 8.8% |
| HDFC Credit Risk Debt Fund Direct Growth High Risk | 1.0% | 1.0% | ₹7112.01 Cr | 9.5% |
| HDFC Credit Risk Debt Fund Regular Growth High Risk | 1.6% | 1.0% | ₹7112.01 Cr | 8.9% |
| HSBC Credit Risk Fund Regular Growth Moderately High risk | 1.7% | 3.0% | ₹657.46 Cr | 21.6% |
| ICICI Prudential Credit Risk Fund Regular Growth High Risk | 1.4% | 1.0% | ₹6135.44 Cr | 9.5% |
| Invesco India Credit Risk Fund Regular Growth Moderately High risk | 1.4% | 4.0% | ₹149.85 Cr | 10.5% |
| Invesco India Credit Risk Fund Direct Growth Moderately High risk | 0.3% | 4.0% | ₹149.85 Cr | 11.8% |
About the AMC
Total AUM
₹1,88,100 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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Who manages the DSP Credit Risk Fund Direct Growth?
- Vivek Ramakrishnan
- Shalini Vasanta
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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