HDFC Credit Risk Fund

Direct Plan · Quarterly IDCW · Credit Risk · Scheme code 128050

NAV₹10.9402as on 25 Sep 2026

Fund houseHDFC Mutual Fund

CategoryCredit Risk

Plan & optionDirect · Quarterly IDCW

History12.5 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.06	0.00	0.63	1.16	0.92	0.14	0.43	-0.24	0.72
Credit Risk category median	—	—	—	7.58	8.65	7.44	—	7.78	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	4.9%	-1.13	-1.18	—	—	-8.8%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
555	-4.6%	0.5%	6.1%	35%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

HDFC Credit Risk Fund

Direct Plan · Quarterly IDCW

Allocation

By asset

Debt	87.50%
REITs / InvITs	7.68%
Cash & Equivalents	4.49%
AIF Units	0.33%

By market cap

Mid Cap	1.94%
Unclassified	188.86%

Concentration

Number of stocks	97
Top 5 stocks	17.96%
Top 10 stocks	30.81%
Top 20 stocks	51.12%
Lines in the filing	99

Largest holding	4.83%
Largest sector	CRISIL - AA 18.07%
Effective stocks	55.8
Sectors held	26
Cash	4.49%

Effective stocks is what the concentration works out to: a fund holding 97 names but most of its money in a few behaves like a fund of 56. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL - AA	18.07%
CRISIL - AAA	11.19%
CRISIL - AA-	10.37%
Sovereign	8.09%
ICRA - AA	6.05%
Transport Infrastructure	5.98%
CARE - AA-	4.82%
IND - AA-	4.73%
Cash & Equivalents	4.49%
ICRA - AA-	3.25%
CARE - AA+	2.86%
CRISIL - AA+	2.76%
ICRA - A+(CE)	2.62%
IND - AA+	2.61%
CRISIL - AAA(SO)	2.58%
CARE - AA	2.04%
IND - A	1.92%
ICRA - AA+	0.99%
ICRA - AAA	0.98%
Realty	0.97%

HDFC Credit Risk Fund

Direct Plan · Quarterly IDCW · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	GMR Airports Limited	CRISIL - AA-	35,000	370	4.83%
2	Nirma Ltd.	CRISIL - AA	30,000	301	3.92%
3	Indus Infra Trust	Transport Infrastructure	18,951,606	253	3.30%
4	Triumph Composites Private Limited	IND - AA-	24,000	239	3.12%
5	Net Current Assets	Unclassified	—	218	2.87%
6	Jubilant Beverages Limited	CRISIL - AA	19,190	214	2.79%
7	ADITYA BIRLA RENEWABLES LIMITED	CRISIL - AA	21,000	210	2.74%
8	Bamboo Hotel and Global Centre (Delhi) Private Limited	ICRA - A+(CE)	20,000	201	2.62%
9	Kalpataru Projects International Ltd	IND - AA+	20,000	200	2.61%
10	Jubilant Bevco Limited	CRISIL - AA	17,750	198	2.59%
11	JSW Energy Ltd.	ICRA - AA	17,500	176	2.29%
12	Evonith Value Steel Limited	CRISIL - AA-	17,500	174	2.28%
13	Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	175	173	2.26%
14	JTPM Metal Traders Limited	CRISIL - AA	15,000	162	2.11%
15	6.94% GOI MAT 110536	Sovereign	15,500,000	155	2.02%
16	Kalpataru Projects International Ltd	CRISIL - AA	15,000	150	1.96%
17	National Bank for Agri & Rural Dev.	CRISIL - AAA	15,000	150	1.95%
18	ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED	CRISIL - AA-	15,000	149	1.94%
19	Kogta Financial India Limited	CARE - AA-	15,000	149	1.94%
20	Aadharshila Infratech Private limited	CARE - AA+	15,000	148	1.93%
21	Kosamattam Finance Limited	IND - A	15,000	147	1.92%
22	TREPS - Tri-party Repo	Unclassified	—	124	1.62%
23	SK FINANCE LIMITED	IND - AA-	12,500	124	1.61%
24	Aadhar Housing Finance Limited	ICRA - AA	11,500	114	1.49%
25	Cube Highways Trust	Transport Infrastructure	6,789,546	107	1.39%
26	TVS Credit Services Ltd	CRISIL - AA+	105	106	1.38%
27	Mahindra Rural Housing Finance Ltd	CRISIL - AAA	10,000	100	1.31%
28	360 One Prime Limited	ICRA - AA	10,000	100	1.30%
29	SK FINANCE LIMITED	ICRA - AA-	10,000	100	1.30%
30	Globe Fincap Ltd	ICRA - AA-	10,000	100	1.30%

HDFC Credit Risk Fund

Direct Plan · Quarterly IDCW · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹0 cr	₹0 cr	1	0	+3.20%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
Cube Highways Trust	6,789,546	entered	—	107

Not equity	Previous filing	This filing	Change
Cash, repo and TREPS	₹0 cr	₹0 cr	+₹0 cr
Debt: bills, CDs and commercial paper	₹7,054 cr	₹6,719 cr	−₹334 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹613,471	₹13,471	0.87%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 28 Sep 2026.