HDFC Credit Risk Debt Fund
The scheme seeks to generate income/capital appreciation by investing predominantly in AA and below rated corporate debt.
Growthvine rating: 3/5 — ranked #4 of 14 in category.
Fund basics
| Category | Debt: Credit Risk |
|---|---|
| NAV | ₹26.01 (as of 2026-08-21) |
| AUM | ₹7,666 Cr |
| Expense ratio | 1.29% |
| Riskometer | Moderately High |
| Fund manager | Bhavyesh Divecha |
| Exit load | For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days. For units in excess of 15% of the investment, 0.5% will be charged for redemption after 366 days and within 540 days |
Performance & risk
| 5-year annualised return | 6.59% |
|---|---|
| Sharpe ratio | 1.31 |
| Standard deviation | 1.23% |
| Max drawdown | -2.60% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 91.9% of NIFTY Credit Risk Bond Index's upside and 126.7% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.6% | Q3 | #8 of 14 |
| 2025 | 8.0% | Q3 | #10 of 14 |
| 2024 | 8.2% | Q1 (Top) | #4 of 14 |
| 2023 | 6.6% | Q3 | #9 of 14 |
| 2022 | 3.7% | Q3 | #10 of 13 |