DSP Credit Risk Fund
DSP Mutual Fund · Credit Risk · Regular plan, growth option
NAV (₹), 1 Oct 2026
55.2156
1-day change
-0.02%
1Y return
10.0%
3Y CAGR
15.8%
5Y CAGR
12.4%
Max drawdown, 5Y
−1.8%
NAV history month-end NAV, ₹ · 2 Apr 2006 to 1 Oct 2026
Returns vs Credit Risk median (14 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.2% | 0.1% |
| 3 months | 0.8% | 1.1% |
| 6 months | 9.4% | 4.1% |
| Year to date | 8.7% | 5.0% |
| 1 year | 10.0% | 6.8% |
| 3 years (CAGR) | 15.8% | 8.1% |
| 5 years (CAGR) | 12.4% | 7.1% |
| 7 years (CAGR) | 10.1% | 7.1% |
| 10 years (CAGR) | 7.9% | 6.5% |
| Since first NAV (CAGR) | 7.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.9% | 7.6% |
| 3Y rolling median | 7.3% | 7.3% |
| 3Y rolling worst | 1.5% | 3.9% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.3% | 6.8% |
| 5Y rolling worst | 2.9% | 5.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 6.2% | 1.3% |
| Sharpe ratio | 1.01 | 0.84 |
| Sortino ratio | 6.08 | 2.18 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −6.2% | −4.0% |
| Maximum drawdown, last 10Y | −6.2% | −5.1% |
| Maximum drawdown, last 5Y | −1.8% | −1.1% |
| Current drawdown | −0.2% | −0.2% |
| Recovery time of worst fall | 442 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.20% a year and the Direct plan's 0.43%, a gap of 0.77%; over the last 3 years the Direct plan returned 0.90 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹19,26,253.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 8 Sep 2026: TER reduced from 1.22% to 1.20% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Vivek Ramakrishnan | Primary | 17 Jul 2021 |
| Shalini Vasanta | Comanage | 1 Jan 2025 |
| Kunal Khudania | Comanage | 1 Jan 2026 |
Objective: The primary investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: 1. Investment in corporate bonds which are AA and below rated instruments: 65% - 100% 2. Investment in other debt and money market instruments: 0% - 35% 3. Units issued by InviTS: 0% - 10% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): CRISIL Credit Risk Debt B-II Index
Exit load: NIL - If the units redeemed or switched-out are upto 10% of the units purchased or switched-in within 12 months from the date of allotment, NIL - If units are redeemed or switched out on or after 12 months from the date of allotment, 1% - If units redeemed or switched-out are in excess of 10% of the units purchased or switched-in within 12 months from the date of allotment Note: No exit load shall be levied in case of switch of investments from Direct Plan to Regular Plan and vice versa.
Minimum application: ₹100
Allotment date: 13 May 2003
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.20% | 1.49% |
| AUM, whole scheme (₹ crore) | 326 | 608 |
| Riskometer | Moderately High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 10.1% | 6.8% TRI |
| Return, 3 years (AMFI) | 15.8% | 7.8% TRI |
| Return, 5 years (AMFI) | 12.4% | 7.2% TRI |
| Month-ends above category median (3Y CAGR) | 46% | 46% median |
| Month-ends in category top quartile (3Y) | 38% | 29% median |
| 7Y rolling CAGR, median (monthly windows) | 6.7% | 6.4% median |
Official benchmark: CRISIL Credit Risk Debt B-II Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Credit Risk Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 8.7% | n/a | – |
| 2025 | 21.0% | n/a | – |
| 2024 | 7.8% | n/a | – |
| 2023 | 15.6% | n/a | – |
| 2022 | 9.3% | n/a | – |
| 2021 | 2.9% | n/a | – |
| 2020 | 4.8% | n/a | – |
| 2019 | 4.4% | n/a | – |
| 2018 | -2.6% | n/a | – |
| 2017 | 6.4% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,27,229 | 11.4% |
| 3 years | ₹3,60,000 | ₹4,41,437 | 13.7% |
| 5 years | ₹6,00,000 | ₹8,42,945 | 13.6% |
| 10 years | ₹12,00,000 | ₹20,09,146 | 9.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: DSP Mutual Fund
Category: Credit Risk
Plan / option: Regular · Growth
AMFI scheme code: 101837
ISIN: INF740K01599
First NAV in MFIC data: 2 Apr 2006
History: 20.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Invesco India Credit Risk Fund | Credit Risk | 0.52 | 8.2% |
| BANK OF INDIA CREDIT RISK FUND | Credit Risk | 0.41 | 9.7% |
| Kotak Long Term Fund | Long Duration | 0.40 | n/a |
| DSP Ultra Short Term Fund | Ultra Short Duration | 0.40 | 6.6% |
| BANDHAN LONG TERM FUND | Long Duration | 0.38 | n/a |
| BANK OF INDIA SHORT TERM FUND | Short Duration | 0.38 | 7.0% |
Questions about DSP Credit Risk Fund
- What is the latest NAV of DSP Credit Risk Fund?
- The NAV of the Regular plan (growth option) was ₹55.2156 on 1 Oct 2026, as published by AMFI.
- Which category is DSP Credit Risk Fund in?
- It is classified as Credit Risk in AMFI's daily NAV file. MFIC compares it with 14 Credit Risk schemes (Regular plans).
- What returns has DSP Credit Risk Fund delivered?
- Over one year the NAV changed by 10.0%. The 3-year CAGR is 15.8% (category median 8.1%) and the 5-year CAGR is 12.4% (category median 7.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.3%, the lowest was 1.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in DSP Credit Risk Fund's NAV?
- The largest peak-to-trough fall in its available history was 6.2%; within the last five years it was 1.8% (category median 1.1%).
- How volatile is DSP Credit Risk Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 6.2%, which is above the Credit Risk category median of 1.3%.
- What would a monthly SIP in DSP Credit Risk Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹8,42,945 on 1 Oct 2026, an annualised return (XIRR) of 13.6%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of DSP Credit Risk Fund?
- The total expense ratio of the Regular plan is 1.20% a year, as disclosed to AMFI (median of Credit Risk Regular plans: 1.49%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is DSP Credit Risk Fund?
- Assets under management of the whole scheme were ₹326 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of DSP Credit Risk Fund?
- AMFI lists the scheme's riskometer as “Moderately High”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of DSP Credit Risk Fund and how has it compared?
- Its official benchmark is the CRISIL Credit Risk Debt B-II Index. Over 3 years AMFI reports a return of 15.8% for this plan against 7.8% for the benchmark total return index; over 5 years 12.4% against 7.2%. Past performance does not indicate future results.
- How often has DSP Credit Risk Fund beaten its category?
- At 46% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Credit Risk schemes (Regular plans); it was in the top quarter at 38% of them. A typical scheme would show about 50%.
- Who manages DSP Credit Risk Fund?
- According to its Scheme Summary Document, DSP Credit Risk Fund is managed by Vivek Ramakrishnan (since 17 Jul 2021), Shalini Vasanta (since 1 Jan 2025), Kunal Khudania (since 1 Jan 2026).
- What is the exit load of DSP Credit Risk Fund?
- As stated in its scheme documents: NIL - If the units redeemed or switched-out are upto 10% of the units purchased or switched-in within 12 months from the date of allotment, NIL - If units are redeemed or switched out on or after 12 months from the date of allotment, 1% - If units redeemed or switched-out are in excess of 10% of the units purchased or switched-in within 12 months from the date of allotment Note: No exit load shall be levied in case of switch of investments from Direct Plan to Regular Plan and vice versa. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in DSP Credit Risk Fund?
- The minimum application amount is ₹100. SIP details: SIP, SWP, STP - Rs. 100/- for all frequencies.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 10.8% and the Regular plan's by 10.0%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.