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Fund Overview

Fund Size

Fund Size

₹7,666 Cr

Expense Ratio

Expense Ratio

1.01%

ISIN

ISIN

INF179KA1FZ3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

25 Mar 2014

About this fund

HDFC Credit Risk Debt Fund Direct Growth is a Credit Risk mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 12 years, 6 months and 7 days, having been launched on 25-Mar-14.
As of 01-Oct-26, it has a Net Asset Value (NAV) of ₹28.33, Assets Under Management (AUM) of 7665.78 Crores, and an expense ratio of 1.01%.
  • HDFC Credit Risk Debt Fund Direct Growth has given a CAGR return of 8.67% since inception.
  • The fund's asset allocation comprises around 6.38% in equities, 87.73% in debts, and 4.28% in cash & cash equivalents.
  • You can start investing in HDFC Credit Risk Debt 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

+6.89%

+7.93% (Cat Avg.)

3 Years

+8.14%

+9.20% (Cat Avg.)

5 Years

+7.07%

+9.21% (Cat Avg.)

10 Years

+7.83%

+6.05% (Cat Avg.)

Since Inception

+8.67%

— (Cat Avg.)

Portfolio Summaryas of 15th September 2026

Equity₹489.45 Cr6.38%
Debt₹6,725.31 Cr87.73%
Others₹451.01 Cr5.88%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
GMR Airports LimitedBond - Corporate Bond₹370.58 Cr4.85%
Nirma LimitedBond - Corporate Bond₹300.7 Cr3.93%
Indus Infra Trust UnitEquity₹250.82 Cr3.28%
Triumph Composites Private LimitedBond - Corporate Bond₹238.74 Cr3.12%
Jubilant Beverages LimitedBond - Corporate Bond₹214.4 Cr2.80%
Aditya Birla Renewables LimitedBond - Corporate Bond₹210.42 Cr2.75%
Bamboo Hotel And Global Centre (Delhi) Private LimitedBond - Corporate Bond₹200.73 Cr2.62%
Kalpataru Projects International LimitedBond - Corporate Bond₹199.75 Cr2.61%
Jubilant Bevco LimitedBond - Corporate Bond₹199.02 Cr2.60%
8.28% Tamilnadu SDL 2028Bond - Gov't/Treasury₹178.52 Cr2.33%
JSW Energy LimitedBond - Corporate Bond₹175.72 Cr2.30%
Evonith Value Steel LimitedBond - Corporate Bond₹174.14 Cr2.28%
SIDDHIVINAYAK SECURITISATION TRUSTBond - Asset Backed₹173.56 Cr2.27%
Net Current AssetsCash₹170.04 Cr2.22%
Jtpm Metal TRaders LimitedBond - Corporate Bond₹161.75 Cr2.11%
6.94% Govt Stock 2036Bond - Gov't/Treasury₹153.49 Cr2.01%
Kalpataru Projects International LimitedBond - Corporate Bond₹149.99 Cr1.96%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹149.42 Cr1.95%
Kogta Financial (India) LimitedBond - Corporate Bond₹148.59 Cr1.94%
Aditya Birla Digital Fashion Ventures LimitedBond - Corporate Bond₹148.27 Cr1.94%
Aadharshila Infratech Private LimitedBond - Corporate Bond₹147.73 Cr1.93%
Kosamattam Finance LimitedBond - Corporate Bond₹147.48 Cr1.93%
Treps - Tri-Party RepoCash - Repurchase Agreement₹143.62 Cr1.88%
SK Finance LimitedBond - Corporate Bond₹123.06 Cr1.61%
Aadhar Housing Finance LimitedBond - Corporate Bond₹114.2 Cr1.49%
Cube Highways TrustEquity₹106.51 Cr1.39%
TVS Credit Services LimitedBond - Corporate Bond₹105.39 Cr1.38%
Mahindra Rural Housing Finance LimitedBond - Corporate Bond₹100.43 Cr1.31%
360 One Prime LimitedBond - Corporate Bond₹100.06 Cr1.31%
SK Finance LimitedBond - Corporate Bond₹100.01 Cr1.31%
Globe Fincap LimitedBond - Corporate Bond₹99.65 Cr1.30%
Mas Financial Services LimitedBond - Corporate Bond₹98.77 Cr1.29%
Raajmarg Infra Investment TrustMutual Fund - Unspecified₹97.35 Cr1.27%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹74.89 Cr0.98%
JM Financial Home Loans LimitedBond - Corporate Bond₹74.82 Cr0.98%
Embassy Office Parks REITEquity - REIT₹74.71 Cr0.98%
JM Financial Home Loans LimitedBond - Corporate Bond₹74.66 Cr0.98%
Aditya Birla Digital Fashion Ventures LimitedBond - Corporate Bond₹74.42 Cr0.97%
The Tata Power Company LimitedBond - Corporate Bond₹71.21 Cr0.93%
7.09% Govt Stock 2054Bond - Gov't/Treasury₹70 Cr0.92%
7.23% Govt Stock 2039Bond - Gov't/Treasury₹60.23 Cr0.79%
Vastu Finserve India Private LimitedBond - Corporate Bond₹59.02 Cr0.77%
Mas Financial Services LimitedBond - Corporate Bond₹55.2 Cr0.72%
8.03% Karnataka Sdl 2028Bond - Gov't/Treasury₹50.8 Cr0.66%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond₹50.34 Cr0.66%
Ongc Petro Additions LimitedBond - Corporate Bond₹50.21 Cr0.66%
Aadhar Housing Finance LimitedBond - Corporate Bond₹50.16 Cr0.66%
IKF Finance LimitedBond - Corporate Bond₹50.13 Cr0.66%
Power Finance Corporation LimitedBond - Corporate Bond₹49.85 Cr0.65%
Globe Capital Market LimitedBond - Corporate Bond₹49.68 Cr0.65%
Small Industries Development Bank Of IndiaBond - Corporate Bond₹49.51 Cr0.65%
Vastu Finserve India Private LimitedBond - Corporate Bond₹48.9 Cr0.64%
Vastu Finserve India Private LimitedBond - Corporate Bond₹48.65 Cr0.64%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹48.59 Cr0.64%
LIC Housing Finance LtdBond - Corporate Bond₹48.35 Cr0.63%
7.34% Govt Stock 2064Bond - Gov't/Treasury₹47.55 Cr0.62%
VAJRA 009 TRUSTBond - Asset Backed₹41.58 Cr0.54%
Mahindra Rural Housing Finance LimitedBond - Corporate Bond₹41.56 Cr0.54%
LIC Housing Finance LtdBond - Corporate Bond₹37.55 Cr0.49%
7.25% Govt Stock 2063Bond - Gov't/Treasury₹37.47 Cr0.49%
POWERGRID Infrastructure Investment Trust UnitsEquity₹35.98 Cr0.47%
Tmf Holdings LimitedBond - Corporate Bond₹29.65 Cr0.39%
Corporate Debt Market Development FundMutual Fund - Unspecified₹25.51 Cr0.33%
Tata Capital Housing Finance LimitedBond - Corporate Bond₹25.07 Cr0.33%
TATA Projects LimitedBond - Corporate Bond₹25.06 Cr0.33%
Godrej Industries LimitedBond - Corporate Bond₹25.06 Cr0.33%
Motilal Oswal Home Finance LimitedBond - Corporate Bond₹25.02 Cr0.33%
Bajaj Housing Finance LimitedBond - Corporate Bond₹24.97 Cr0.33%
Indian Railway Finance Corporation LimitedBond - Corporate Bond₹24.97 Cr0.33%
Tamil Nadu (Government of) 7.73%Bond - Sub-sovereign Government Debt₹24.93 Cr0.33%
Rec LimitedBond - Corporate Bond₹24.83 Cr0.32%
JSW Energy LimitedBond - Corporate Bond₹24.79 Cr0.32%
Small Industries Development Bank Of IndiaBond - Corporate Bond₹24.78 Cr0.32%
SHIVSHAKTI SECURITISATION TRUSTBond - Asset Backed₹24.68 Cr0.32%
Rec LimitedBond - Corporate Bond₹24.65 Cr0.32%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹24.62 Cr0.32%
Dlf Cyber City Developers LtdBond - Corporate Bond₹24.59 Cr0.32%
Tamil Nadu (Government of) 7.59%Bond - Sub-sovereign Government Debt₹24.42 Cr0.32%
Rural Electrification Corporation LimitedBond - Corporate Bond₹20.33 Cr0.27%
Capital Infra Trust InvITsEquity₹20.31 Cr0.27%
Power Finance Corporation LimitedBond - Corporate Bond₹20.05 Cr0.26%
Power Finance Corporation LimitedBond - Corporate Bond₹20.02 Cr0.26%
Power Finance Corporation LimitedBond - Corporate Bond₹20.02 Cr0.26%
Power Finance Corporation LimitedBond - Corporate Bond₹19.99 Cr0.26%
Power Finance Corporation LimitedBond - Corporate Bond₹19.82 Cr0.26%
INDIGO 049Bond - Asset Backed₹18.03 Cr0.24%
IKF Finance LimitedBond - Corporate Bond₹16.52 Cr0.22%
Rec LimitedBond - Corporate Bond₹14.86 Cr0.19%
Muthoot Capital Services LimitedBond - Corporate Bond₹13.47 Cr0.18%
Rec LimitedBond - Corporate Bond₹10.21 Cr0.13%
Rec LimitedBond - Corporate Bond₹10.02 Cr0.13%
INDIGO 041Bond - Asset Backed₹9.37 Cr0.12%
Bajaj Housing Finance LimitedBond - Corporate Bond₹2.78 Cr0.04%
VAJRA 006 TRUSTBond - Asset Backed₹2.54 Cr0.03%
6.67% Govt Stock 2035Bond - Gov't/Treasury₹2.44 Cr0.03%
7.64% Andhra Sgs 2031Bond - Gov't/Treasury₹1.17 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

--

Mid Cap Stocks

0.98%

Small Cap Stocks

--

Allocation By Credit Quality (Debt)

AAA

AA

A

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services₹250.82 Cr3.28%
Industrials₹126.83 Cr1.66%
Utilities₹35.98 Cr0.47%

Risk & Performance Ratios

Standard Deviation

This fund

1.25%

Cat. avg.

2.95%

Lower the better

Sharpe Ratio

This fund

1.38

Cat. avg.

1.16

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

4.69

Higher the better

Fund Managers

PJ

Praveen Jain

Since March 2026

DM

Dhruv Muchhal

Since June 2023

BD

Bhavyesh Divecha

Since March 2026

Additional Scheme Detailsas of 15th September 2026

ISIN
INF179KA1FZ3
Expense Ratio
1.01%
Exit Load
1.00%
Fund Size
₹7,666 Cr
Age
12 years 6 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
NIFTY Credit Risk Bond TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹456.92 Cr6.4%
ICICI Prudential Credit Risk Fund Direct Growth

Very High Risk

0.8%1.0%₹6332.59 Cr7.5%
Nippon India Credit Risk Fund Direct Growth

Moderately High risk

0.6%1.0%₹1573.76 Cr7.6%
Kotak Credit Risk Fund Direct Growth

Moderate Risk

0.8%1.0%₹773.17 Cr6.6%
HDFC Credit Risk Debt Fund Direct Growth

High Risk

1.0%1.0%₹7665.78 Cr6.9%
HDFC Credit Risk Debt Fund Regular Growth

High Risk

1.5%1.0%₹7665.78 Cr6.3%
HSBC Credit Risk Fund Regular Growth

Moderately High risk

1.7%1.0%₹456.92 Cr5.6%
ICICI Prudential Credit Risk Fund Regular Growth

Very High Risk

1.4%1.0%₹6332.59 Cr6.9%
Invesco India Credit Risk Fund Regular Growth

Moderately High risk

1.5%1.0%₹167.01 Cr6.3%
Invesco India Credit Risk Fund Direct Growth

Moderately High risk

0.3%1.0%₹167.01 Cr7.5%
UTI Credit Risk Fund Direct Growth

Moderately High risk

1.0%1.0%₹249.38 Cr6.3%
SBI Credit Risk Fund Direct Growth

High Risk

0.9%3.0%₹2185.54 Cr7.8%
Bank of India Credit Risk Fund Direct Growth

Moderate Risk

0.6%1.0%₹68.71 Cr17.2%
Bank of India Credit Risk Fund Regular Growth

Moderate Risk

1.4%1.0%₹68.71 Cr16.7%
DSP Credit Risk Fund Direct Growth

Moderate Risk

0.4%3.0%₹309.74 Cr10.8%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹394.58 Cr7.8%
Axis Credit Risk Fund Regular Growth

High Risk

1.6%1.0%₹394.58 Cr7.0%
Kotak Credit Risk Fund Regular Growth

Moderate Risk

1.7%1.0%₹773.17 Cr5.6%
DSP Credit Risk Fund Regular Growth

Moderate Risk

1.2%3.0%₹309.74 Cr10.0%
SBI Credit Risk Fund Regular Growth

High Risk

1.6%3.0%₹2185.54 Cr7.1%
Nippon India Credit Risk Fund Regular Growth

Moderately High risk

0.6%1.0%₹1573.76 Cr6.8%
UTI Credit Risk Fund Regular Growth

Moderately High risk

1.7%1.0%₹249.38 Cr5.6%
Baroda BNP Paribas Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹177.69 Cr7.0%
Baroda BNP Paribas Credit Risk Fund Regular Growth

Moderately High risk

1.4%1.0%₹177.69 Cr6.2%
Aditya BSL Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹1599.91 Cr12.0%
Aditya BSL Credit Risk Fund Regular Growth

Moderately High risk

1.6%1.0%₹1599.91 Cr11.0%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹224.01 Cr5.6%
Bandhan Credit Risk Fund Regular Growth

Moderately High risk

1.7%1.0%₹224.01 Cr4.5%

About the AMC

HDFC Mutual Fund

HDFC Mutual Fund

Total AUM

₹9,56,438 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HDFC BSE REITS and Commercial Real Estate Index Fund Direct Growth

Very High Risk

-0.0%--
HDFC Gold Silver Passive FOF Direct Growth

Very High Risk

-1.0%--
HDFC Nifty Metal ETF FOF Direct Growth

Very High Risk

0.1%-₹115.15 Cr-
HDFC Nifty Auto Index Fund Direct Growth

Very High Risk

2.3%0.0%₹162.79 Cr-
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹957.98 Cr-
HDFC Income Plus Arbitrage Omni FOF Direct Growth

Moderately High risk

0.1%1.0%₹30.24 Cr-
HDFC Nifty India Consumption Index Fund Direct Growth

Very High Risk

0.4%0.0%₹114.70 Cr-
HDFC BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

0.3%0.0%₹173.75 Cr-
HDFC Diversified Equity All Cap Active FOF Direct Growth

Very High Risk

0.3%1.0%₹2700.87 Cr-3.9%
HDFC Innovation Fund Direct Growth

Very High Risk

1.0%1.0%₹3188.93 Cr14.5%
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2264.18 Cr7.1%
HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹91.20 Cr-9.6%
HDFC Nifty100 Quality 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹143.74 Cr-5.0%
HDFC Nifty India Digital Index Fund Direct Growth

Very High Risk

0.4%0.0%₹157.81 Cr-8.2%
HDFC Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹466.18 Cr-2.4%
HDFC Nifty500 Multicap 50:25:25 Index Fund Regular Growth

Very High Risk

0.3%0.0%₹517.99 Cr-1.9%
HDFC NIFTY100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹219.67 Cr-6.6%
HDFC Manufacturing Fund Direct Growth

Very High Risk

0.9%1.0%₹10751.82 Cr4.9%
HDFC NIFTY Realty Index Fund Direct Growth

Very High Risk

0.5%0.0%₹144.24 Cr-4.9%
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.9%0.0%₹608.84 Cr-3.2%
HDFC Pharma and Healthcare Fund Direct Growth

Very High Risk

1.1%1.0%₹3310.64 Cr26.6%
HDFC Technology Fund Direct Growth

Very High Risk

1.1%1.0%₹1483.59 Cr-12.5%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth

Low Risk

-0.0%₹30.78 Cr7.2%
HDFC FMP 1204D December 2022 (47) Direct Growth

Low Risk

--₹51.24 Cr6.1%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth

Low Risk

-0.0%₹76.38 Cr5.7%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth

Low Risk

-0.0%₹316.54 Cr5.6%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth

Low Risk

-0.0%₹246.30 Cr5.7%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth

Moderate Risk

-0.0%--
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹35.27 Cr5.9%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth

Low Risk

-0.0%₹161.40 Cr6.6%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth

Low Risk

-0.0%₹504.60 Cr6.0%
HDFC FMP 2638D February 2023 (47) Direct Growth

Moderate Risk

-0.0%₹151.02 Cr4.0%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth

Moderate Risk

----
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹107295.79 Cr-2.6%
HDFC Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹22296.62 Cr-6.6%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth

Moderate Risk

0.0%0.0%₹2625.68 Cr5.4%
HDFC Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹41890.86 Cr-2.9%
HDFC Housing Opportunities Fund Direct Growth

Very High Risk

1.4%1.0%₹1166.99 Cr-7.6%
HDFC Large and Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹30294.02 Cr-2.5%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹637.58 Cr3.6%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth

Low Risk

0.2%0.0%₹931.89 Cr5.5%
HDFC Business Cycle Fund Direct Growth

Very High Risk

1.2%1.0%₹2774.50 Cr0.2%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹774.79 Cr4.2%
HDFC Credit Risk Debt Fund Direct Growth

High Risk

1.0%1.0%₹7665.78 Cr6.9%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth

Low Risk

0.2%0.0%₹177.43 Cr5.7%
HDFC Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5186.08 Cr4.7%
HDFC Banking & Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹4687.81 Cr1.4%
HDFC Non-Cyclical Consumer Fund Direct Growth

Very High Risk

1.3%1.0%₹1022.11 Cr-9.6%
HDFC Asset Allocator Fund of Funds Direct Growth

High Risk

0.1%1.0%₹6200.32 Cr2.4%
HDFC Gold Fund Direct Growth

High Risk

0.2%1.0%₹12359.16 Cr24.2%

Risk Level

Your principal amount will be at High Risk

High Risk

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What is the current NAV of HDFC Credit Risk Debt Fund Direct Growth?

img
The NAV of HDFC Credit Risk Debt Fund Direct Growth, as of 01-Oct-2026, is ₹28.33.
The fund has generated 6.89% over the last 1 year and 8.14% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 6.38% in equities, 87.73% in bonds, and 4.28% in cash and cash equivalents.
The fund managers responsible for HDFC Credit Risk Debt Fund Direct Growth are:-
  1. Praveen Jain
  2. Dhruv Muchhal
  3. Bhavyesh Divecha
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