HealthyDirect · GrowthFit for a long SIP
DSP Credit Risk Fund
DSP Mutual FundDebt Scheme - Credit Risk Fund13.8 years
The scheme seeks to generate returns commensurate with risk from a portfolio constituted of money market securities and debt securities.
- NAV
- 60.8744
- 29 Oct 2026
- 1Y
- +10.3%
- Trailing CAGR
- AUM
- ₹325.92 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.42% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -6.0%. Ask whether you can hold through a similar fall.
Vs category
Watch
42% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Kunal Khudania · 0.8 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
Watch
Top 10 holdings ≈ 64.1% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
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+10.3%
- 3Y+13.7%
- 5Y+13.3%
- 10Y+8.6%
- SI+9.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+10.4%
- 3Y+13.7%
- 5Y+14.1%
- 10Y+10.7%
- Since inception
- +9.1%
- Calendar-day CAGR
- Excess 1Y
- +1.3%
- Category median, same plan and option
- 3Y win rate
- +42%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +13.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.2%
- 2614 daily-ending windows
- Median rolling 3Y
- +8.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2129 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -6.0%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 36 days
- Days below latest peak
- Time below peak
- +43%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 261 recovered episodes
- Longest recovery
- 402 days
- Trough to prior peak
3 Sept 2018 – 24 Jan 2020
Trough 18 Dec 2018 · recovered in 402 days
-6.0%
22 Apr 2020 – 14 Sept 2020
Trough 29 Apr 2020 · recovered in 138 days
-2.8%
12 Jan 2026 – 15 Apr 2026
Trough 6 Feb 2026 · recovered in 68 days
-1.8%
15 Jul 2013 – 18 Sept 2013
Trough 24 Jul 2013 · recovered in 56 days
-1.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
58
Consistency
45
Risk-adjusted
62
Drawdown
85
Mean
70
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 26 holdings · top 10 are 64.1%.
- Top 5
- 38.6%
- Top 10
- 64.1%
- Largest holding
- 10.8%
- Effective holdings
- 18.2
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
10.8%
Reverse Repo
Unspecified
8.0%
KOTAK MAHINDRA BANK LIMITED CD 04FEB27
Financial
7.5%
ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED SR I 9 NCD 20JL29 FVRS1LAC
Consumer Discretionary
6.2%
NUVOCO VISTAS CORPORATION LIMITED 7.7 NCD 18SP28 FVRS1LAC
Materials
6.1%
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
- +11.0%
- 3Y
- +12.8%
- Vol
- 2.6%
- Max DD
- -3.9%
- Sharpe
- 1.31
- 3Y win
- +70%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
ICICI Prudential Credit Risk Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.6%
- 3Y
- +8.8%
- Vol
- 1.4%
- Max DD
- -2.9%
- Sharpe
- 2.01
- 3Y win
- +53%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Kotak Credit Risk Fund
Kotak Mahindra Mutual Fund
- 1Y
- +5.7%
- 3Y
- +8.3%
- Vol
- 1.8%
- Max DD
- -3.9%
- Sharpe
- 1.23
- 3Y win
- +54%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
SBI CREDIT RISK FUND
SBI Mutual Fund
- 1Y
- +7.0%
- 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
Caveat: Higher TER · Lower trailing returns
BANDHAN CREDIT RISK FUND
Bandhan Mutual Fund
- 1Y
- +5.0%
- 3Y
- +7.1%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 0.66
- 3Y win
- +34%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns