MonitorDirect · GrowthWatch before adding
HSBC Credit Risk Fund
HSBC Mutual FundIncome/Debt Oriented Schemes - Credit Risk Fund3.9 years
- NAV
- 37.8017
- 30 Oct 2026
- 1Y
- +5.7%
- Trailing CAGR
- AUM
- ₹441.18 Cr
- 30 Sept 2026
- Volatility
- Low
- 5.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Axis Credit Risk Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.9 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.84% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% 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 ≈ 58.0% 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+5.7%
- 3Y+11.5%
- 5Yn/a
- 10Yn/a
- SI+10.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.4%
- 3Y+11.0%
- 5Yn/a
- 10Yn/a
- Since inception
- +10.5%
- Calendar-day CAGR
- Excess 1Y
- -0.8%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +11.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +11.5%
- 224 daily-ending windows
- Median rolling 3Y
- +11.8%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.4%
- Worst peak-to-trough
- Current
- -0.2%
- Below last peak
- Current spell
- 24 days
- Days below latest peak
- Time below peak
- +30%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 116 recovered episodes
- Longest recovery
- 17 days
- Trough to prior peak
6 Oct 2026 – open
Trough 23 Oct 2026 · not recovered
-0.4%
7 May 2026 – 1 Jun 2026
Trough 21 May 2026 · recovered in 11 days
-0.4%
6 Jun 2025 – 30 Jun 2025
Trough 13 Jun 2025 · recovered in 17 days
-0.2%
6 Jul 2026 – 21 Jul 2026
Trough 14 Jul 2026 · recovered in 7 days
-0.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
45
Consistency
69
Risk-adjusted
65
Drawdown
99
Mean
76
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
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- 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 · 31 holdings · top 10 are 58.0%.
- Top 5
- 32.5%
- Top 10
- 58.0%
- Largest holding
- 7.9%
- Effective holdings
- 22.3
NUVOCO VISTAS CORPORATION LIMITED 7.7 NCD 18SP28 FVRS1LAC
Materials
7.9%
GOVERNMENT OF INDIA 36232 GOI 21JL30 6.01 FV RS 100
Entities
6.7%
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LAC
Materials
6.1%
NIRMA LIMITED SR VII TR C 8.50 NCD 07AP27 FVRS1LAC
Consumer Staples
6.0%
POWER FINANCE CORPORATION LIMITED SR 259A 6.96 BD 02MR28 FVRS1LAC
Financial
5.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Credit Risk Fund
Axis Mutual Fund
- 1Y
- +7.2%
- 3Y
- +8.6%
- Vol
- 1.6%
- Max DD
- -3.5%
- Sharpe
- 1.46
- 3Y win
- +62%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
Invesco India Credit Risk Fund
Invesco Mutual Fund
- 1Y
- +7.0%
- 3Y
- +8.8%
- Vol
- 2.9%
- Max DD
- -8.0%
- Sharpe
- 0.49
- 3Y win
- +38%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
HDFC Credit Risk Fund
HDFC Mutual Fund
- 1Y
- +6.2%
- 3Y
- +8.0%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 1.83
- 3Y win
- +56%
- Lower volatility
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
UTI - Credit Risk Fund.
UTI Mutual Fund
- 1Y
- +5.6%
- 3Y
- +7.6%
- Vol
- 6.2%
- Max DD
- -34.4%
- Sharpe
- -0.04
- 3Y win
- +34%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns