ReviewDirect · GrowthPrefer peers first
BANDHAN CREDIT RISK FUND
- NAV
- 19.0626
- 31 Oct 2026
- 1Y
- +5.0%
- Trailing CAGR
- AUM
- ₹220.84 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 31 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer SBI CREDIT RISK FUND if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
9.7 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.66% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.6%. Ask whether you can hold through a similar fall.
Vs category
Fail
34% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
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
Watch
Top 10 holdings ≈ 85.7% 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
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
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+5.0%
- 3Y+7.1%
- 5Y+6.3%
- 10Yn/a
- SI+6.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.8%
- 3Y+6.2%
- 5Y+6.6%
- 10Yn/a
- Since inception
- +6.9%
- Calendar-day CAGR
- Excess 1Y
- -5.7%
- Category median, same plan and option
- 3Y win rate
- +34%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +6.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.2%
- 1620 daily-ending windows
- Median rolling 3Y
- +7.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1137 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.6%
- Worst peak-to-trough
- Current
- -0.2%
- Below last peak
- Current spell
- 52 days
- Days below latest peak
- Time below peak
- +50%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 271 recovered episodes
- Longest recovery
- 80 days
- Trough to prior peak
6 Mar 2020 – 11 Jun 2020
Trough 23 Mar 2020 · recovered in 80 days
-2.6%
9 Apr 2018 – 4 Jul 2018
Trough 17 May 2018 · recovered in 48 days
-1.1%
7 Apr 2022 – 13 Jul 2022
Trough 6 May 2022 · recovered in 68 days
-1.1%
7 Jan 2021 – 31 Mar 2021
Trough 15 Mar 2021 · recovered in 16 days
-0.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
14
Consistency
28
Risk-adjusted
58
Drawdown
94
Mean
39
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
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 · 17 holdings · top 10 are 85.7%.
- Top 5
- 49.8%
- Top 10
- 85.7%
- Largest holding
- 13.7%
- Effective holdings
- 12.2
Reverse Repo
Unspecified
13.7%
CENTURY TEXTILES AND INDUSTRIES LIMITED 8.35 NCD 30AG27 FVRS1LAC
Materials
9.1%
TATA PROJECTS LIMITED SR P 8.33 NCD 24JU27 FVRS1LAC
Industrials
9.0%
POWER FINANCE CORPORATION LTD. SERIES 203 B 7.75 BD 11JU30 FV10LAC
Financial
9.0%
TRUHOME FINANCE LIMITED SR 39 7.9 NCD 08AG28 FVRS1LAC
Financial
8.9%
What changed
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
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
SBI CREDIT RISK FUND
SBI Mutual Fund
- 1Y
- +7.1%
- 3Y
- +8.3%
- Vol
- 1.3%
- Max DD
- -2.3%
- Sharpe
- 2.07
- 3Y win
- +52%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Credit Risk Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.8%
- 3Y
- +8.8%
- Vol
- 1.4%
- Max DD
- -2.9%
- Sharpe
- 2.01
- 3Y win
- +53%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
BANK OF INDIA CREDIT RISK FUND
Bank of India Mutual Fund
- 1Y
- +17.0%
- 3Y
- +10.0%
- Vol
- n/a
- Max DD
- -73.4%
- Sharpe
- n/a
- 3Y win
- +45%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
DSP Credit Risk Fund
DSP Mutual Fund
- 1Y
- +10.3%
- 3Y
- +13.7%
- Vol
- 4.4%
- Max DD
- -6.0%
- Sharpe
- 0.73
- 3Y win
- +42%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Aditya Birla Sun Life Credit Risk Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +11.1%
- 3Y
- +12.9%
- Vol
- 2.6%
- Max DD
- -3.9%
- Sharpe
- 1.31
- 3Y win
- +70%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER