MonitorDirect · GrowthWatch before adding
ICICI Prudential Credit Risk Fund
ICICI Prudential Mutual FundDebt Scheme - Credit Risk Fund13.8 years
The scheme seeks to generate income through investing predominantly in AA and below rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.
- NAV
- 38.6637
- 30 Oct 2026
- 1Y
- +6.8%
- Trailing CAGR
- AUM
- ₹6,320.29 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.4% 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 71% of rolling 1-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
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
0.80% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.9%. Ask whether you can hold through a similar fall.
Vs category
Watch
53% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Akhil Kakkar · 2.8 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
Pass
Top 10 holdings ≈ 35.4% 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+6.8%
- 3Y+8.8%
- 5Y+7.9%
- 10Y+8.3%
- SI+8.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.3%
- 3Y+8.2%
- 5Y+8.3%
- 10Y+8.2%
- Since inception
- +8.8%
- Calendar-day CAGR
- Excess 1Y
- -3.9%
- Category median, same plan and option
- 3Y win rate
- +53%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- +8.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.7%
- 2620 daily-ending windows
- Median rolling 3Y
- +8.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2136 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.9%
- Worst peak-to-trough
- Current
- -0.3%
- Below last peak
- Current spell
- 38 days
- Days below latest peak
- Time below peak
- +39%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 396 recovered episodes
- Longest recovery
- 49 days
- Trough to prior peak
19 Jun 2013 – 1 Oct 2013
Trough 19 Aug 2013 · recovered in 43 days
-2.9%
6 Mar 2020 – 22 Apr 2020
Trough 26 Mar 2020 · recovered in 27 days
-2.1%
23 Apr 2020 – 21 May 2020
Trough 29 Apr 2020 · recovered in 22 days
-1.1%
11 Feb 2016 – 16 Mar 2016
Trough 25 Feb 2016 · recovered in 20 days
-0.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
26
Consistency
62
Risk-adjusted
100
Drawdown
93
Mean
66
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
- The fund beat the category median in 71% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 100 holdings · top 10 are 35.4%.
- Top 5
- 21.7%
- Top 10
- 35.4%
- Largest holding
- 7.5%
- Effective holdings
- 43.0
Others IRS
Unspecified
7.5%
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LAC
Materials
4.3%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
3.4%
Embassy Office Parks REIT
Real Estate
3.3%
ADANI ENTERPRISES LIMITED 8.70 NCD 24MR28 FVRS1LAC
Materials
3.2%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 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.
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
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
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%
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns
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%
- 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%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown