HSBC Credit Risk Fund
HSBC Mutual Fund · Credit Risk · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.3% | 0.2% |
| 3 months | 1.2% | 1.2% |
| 6 months | 3.7% | 4.4% |
| Year to date | 4.7% | 5.7% |
| 1 year | 6.4% | 7.5% |
| 3 years (CAGR) | 11.7% | 8.8% |
| 5 years (CAGR) | n/a | 7.8% |
| 7 years (CAGR) | n/a | 8.0% |
| 10 years (CAGR) | n/a | 7.7% |
| Since first NAV (CAGR) | 10.7% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.0% | 8.6% |
| 3Y rolling median | 11.8% | 8.2% |
| 3Y rolling worst | 11.5% | 5.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 7.1% |
| 5Y rolling worst | n/a | 6.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 6.9% | 1.3% |
| Sharpe ratio | 0.73 | 1.15 |
| Sortino ratio | 9.15 | 3.62 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.4% | −3.9% |
| Maximum drawdown, last 10Y | n/a | −3.9% |
| Maximum drawdown, last 5Y | n/a | −1.0% |
| Current drawdown | 0.0% | −0.1% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
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.
The Regular plan's expense ratio is 1.66% a year and the Direct plan's 0.84%, a gap of 0.82%; over the last 3 years the Direct plan returned 0.85 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 ₹19,39,386.
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.
| Fund manager | Role | Managing since |
|---|---|---|
| Shriram Ramanathan | Primary | 24 Nov 2012 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.84% | 0.80% |
| AUM, whole scheme (₹ crore) | 441 | 441 |
| Riskometer | Moderately High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.5% | 3.9% TRI |
| Return, 3 years (AMFI) | 11.7% | 6.5% TRI |
| Return, 5 years (AMFI) | 9.1% | 6.7% TRI |
Official benchmark: NIFTY Credit Risk Bond Index B-II (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Credit Risk Direct plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.7% | n/a | – |
| 2025 | 21.2% | n/a | – |
| 2024 | 8.0% | n/a | – |
| 2023 | 7.3% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,188 | 6.5% |
| 3 years | ₹3,60,000 | ₹4,28,650 | 11.7% |
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 | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| HSBC Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.87 | 7.8% |
| Franklin India Corporate Bond Fund | Corporate Bond | 0.81 | 8.0% |
| Franklin India Floating Interest Rates Fund | Floater | 0.62 | 8.0% |
| Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund | Debt Index Fund | 0.62 | n/a |
| Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund | Debt Index Fund | 0.61 | n/a |
| Nippon India CRISIL - IBX AAA Financial Services - Jan 2028 Index Fund | Debt Index Fund | 0.61 | n/a |
- What is the latest NAV of HSBC Credit Risk Fund?
- The NAV of the Direct plan (growth option) was ₹37.8349 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC Credit Risk Fund in?
- It is classified as Credit Risk in AMFI's daily NAV file. MFIC compares it with 13 Credit Risk schemes (Direct plans).
- What returns has HSBC Credit Risk Fund delivered?
- Over one year the NAV changed by 6.4%. The 3-year CAGR is 11.7% (category median 8.8%). 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 11.8%, the lowest was 11.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HSBC Credit Risk Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.4%.
- How volatile is HSBC Credit Risk Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 6.9%, which is above the Credit Risk category median of 1.3%.
- What would a monthly SIP in HSBC Credit Risk Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹4,28,650 on 1 Oct 2026, an annualised return (XIRR) of 11.7%. This uses the Direct 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 HSBC Credit Risk Fund?
- The total expense ratio of the Direct plan is 0.84% a year, as disclosed to AMFI (median of Credit Risk Direct plans: 0.80%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Credit Risk Fund?
- Assets under management of the whole scheme were ₹441 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Credit Risk Fund?
- AMFI lists the scheme's riskometer as “Moderately High”, and its benchmark's as “Moderately High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC Credit Risk Fund and how has it compared?
- Its official benchmark is the NIFTY Credit Risk Bond Index B-II. Over 3 years AMFI reports a return of 11.7% for this plan against 6.5% for the benchmark total return index; over 5 years 9.1% against 6.7%. Past performance does not indicate future results.
- Who manages HSBC Credit Risk Fund?
- According to its Scheme Summary Document, HSBC Credit Risk Fund is managed by Shriram Ramanathan (since 24 Nov 2012).
- What is the exit load of HSBC Credit Risk Fund?
- As stated in its scheme documents: Units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. Units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. Units redeemed or switched on or after 1 year from the date of allotment –Nil. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HSBC Credit Risk Fund?
- The minimum application amount is ₹5,000. SIP details: SIP - 500 Daily 6; 500 Weekly 6; 1000 Monthly 6; 1500 Quarterly 4; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000..
- 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 6.4% and the Regular plan's by 5.6%. The Regular plan includes the services of a distributor.
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.