MonitorDirect · GrowthWatch before adding
SBI CREDIT RISK FUND
SBI Mutual FundDebt Scheme - Credit Risk Fund13.8 years
The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA and below(excluding AA+ rated corporate bonds) so as to generate attractive returns while maintaining moderate liquidity in the portfolio through investment in money market securities.
- NAV
- 54.34
- 4 Nov 2026
- 1Y
- +7.4%
- Trailing CAGR
- AUM
- ₹2,182.18 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 4 Nov 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Aditya Birla Sun Life Credit Risk Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.90% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.3%. Ask whether you can hold through a similar fall.
Vs category
Watch
52% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Prashanth Sridhar · 0.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 40.7% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+7.4%
- 3Y+8.4%
- 5Y+7.7%
- 10Y+7.7%
- SI+8.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.4%
- 3Y+8.1%
- 5Y+8.2%
- 10Y+7.8%
- Since inception
- +8.6%
- Calendar-day CAGR
- Excess 1Y
- -3.5%
- Category median, same plan and option
- 3Y win rate
- +52%
- Windows beating the median
- 3Y percentile
- 33
- Vs comparable share classes
- SIP 3Y XIRR
- +8.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.4%
- 2633 daily-ending windows
- Median rolling 3Y
- +8.1%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2149 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.3%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +34%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 328 recovered episodes
- Longest recovery
- 56 days
- Trough to prior peak
6 Mar 2020 – 23 Apr 2020
Trough 24 Mar 2020 · recovered in 30 days
-2.3%
23 Apr 2020 – 21 May 2020
Trough 28 Apr 2020 · recovered in 23 days
-1.4%
2 Apr 2019 – 3 Jun 2019
Trough 3 May 2019 · recovered in 31 days
-1.4%
28 Nov 2019 – 6 Jan 2020
Trough 13 Dec 2019 · recovered in 24 days
-0.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
33
Vs category
28
Consistency
47
Risk-adjusted
100
Drawdown
94
Mean
61
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 49 holdings · top 10 are 40.7%.
- Top 5
- 22.7%
- Top 10
- 40.7%
- Largest holding
- 4.6%
- Effective holdings
- 33.4
H.G. INFRA ENGINEERING LIMITED 8.55 NCD 29AG28 FVRS1LAC
Industrials
4.6%
NJ CAPITAL PRIVATE LIMITED SR A TR 1 9.8 NCD 25JL28 FVRS1LAC
Financial
4.5%
Tata Projects Ltd.
Industrials
4.5%
RENEW SOLAR ENERGY (JHARKHAND FIVE) PRIVATE LIMITED 8.44 NCD 31AG29 FVRS1LAC
Unspecified
4.5%
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LAC
Materials
4.5%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
3 Nov 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
2 Nov 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
31 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Credit Risk Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +11.4%
- 3Y
- +13.0%
- Vol
- 2.6%
- Max DD
- -3.9%
- Sharpe
- 1.33
- 3Y win
- +70%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Credit Risk Fund
ICICI Prudential Mutual Fund
- 1Y
- +7.1%
- 3Y
- +8.9%
- Vol
- 1.4%
- Max DD
- -2.9%
- Sharpe
- 2.05
- 3Y win
- +53%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Kotak Credit Risk Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.3%
- 3Y
- +8.4%
- Vol
- 1.8%
- Max DD
- -3.9%
- Sharpe
- 1.27
- 3Y win
- +54%
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
BANK OF INDIA CREDIT RISK FUND
Bank of India Mutual Fund
- 1Y
- +17.1%
- 3Y
- +10.0%
- Vol
- n/a
- Max DD
- -73.4%
- Sharpe
- n/a
- 3Y win
- +45%
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
DSP Credit Risk Fund
DSP Mutual Fund
- 1Y
- +10.5%
- 3Y
- +13.7%
- Vol
- 4.4%
- Max DD
- -6.0%
- Sharpe
- 0.74
- 3Y win
- +42%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown