HDFC Credit Risk Fund
Direct · Growth: other plans of this fund
Same portfolio. Regular plans include a distributor’s fee.
· AMFI 128051
₹28.54
+6.6%over 1 year
Price of one unit (NAV) on 11 November 2026
NAV went from ₹26.77 on 11 November 2025 to ₹28.54 on 11 November 2026.
Past prices are not a forecast of anything.
Ask about this fund
Overview
- Kind of fund
- Credit Risk
- Yearly fee
- 1.01%
- Since 30 September 2026
- Fund size
- ₹7,631 crore
- Started
- 25 March 2014
- Exit load
- For units in excess of 15% of the investment, 1% will be charged for redemption within 12 months and 0.50% if sold after 12 months but within 18 months
- Compared against
- NIFTY Credit Risk Bond Index B-II
- Plan
- Direct · Growth
- Holds
- 95 lines, no company shares
- 95 lines in all
- Holdings as at
- 29 September 2026
What does it hold?
Bonds and money market 89.2% · REITs and InvITs 7.6% · cash 3.2% · holdings as at 29 September 2026
- 1
GMR AIRPORTS LIMITED 5 BD 13FB27 FVRS1LAC
4.9% - 2
NIRMA LIMITED SR VII TR C 8.50 NCD 07AP27 FVRS1LAC
3.9% - 3
Bharat Highways InvIT
3.2% - 4
TRIUMPH COMPOSITES PRIVATE LIMITED 10.50 NCD 27AP31 FVRS1LAC
3.1% - 5
JUBILANT BEVERAGES LIMITED NCD 31MY28 FVRS1LAC
2.8% - 6
ADITYA BIRLA RENEWABLES LIMITED 8.6 NCD 24SP27 FVRS1LAC
2.8% - 7
BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LIMITED SR I 10.81 NCD 31JN28 FVRS1LAC
2.6% - 8
JUBILANT BEVCO LIMITED NCD 31MY28 FVRS1LAC
2.6% - 9
KALPATARU PROJECTS INTERNATIONAL LIMITED 8.35 NCD 11JU27 FVRS1LAC
2.6% - 10
STATE DEVELOPMENT LOAN 20189 TN 21FB28 8.28 FV RS 100
2.3%
Show all 95
- 11
JSW ENERGY LIMITED TR I 8.75 NCD 03MR28 FVRS1LAC
2.3% - 12
EVONITH VALUE STEEL LIMITED 9.50 LOA 12OT29 FVRS1LAC
2.3% - 13
SIDDHIVINAYAK SECURITISATION TRUST SD TRUST PTC 15SEPT25
2.2% - 14
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LAC
2.1% - 15
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
2.0% - 16
KALPATARU PROJECTS INTERNATIONAL LIMITED 8.32 NCD 05FB27 FVRS1LAC
2.0% - 17
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
1.9% - 18
Veritas Finance Limited^
1.9% - 19
ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED SR II 8.85 NCD 20SP29 FVRS1LAC
1.9% - 20
KOGTA FINANCIAL (INDIA) LIMITED 9.65 NCD 10MR28 FVRS1LAC
1.9% - 21
AADHARSHILA INFRATECH PRIVATE LIMITED RR NCD 31MR31 FVRS1LAC
1.9% - 22
KOSAMATTAM FINANCE LIMITED RR NCD 16MR29 FVRS1LAC
1.9% - 23
Net Current Assets
1.9% - 24
SK FINANCE LIMITED 9.10 NCD 16FB29 FVRS1LAC
1.6% - 25
Aadhar Housing Fin FRN 3MTBIL+2.5% Aadhar Housing Finance Limited (03/08/2029) (FRN) **
1.5% - 26
TVS CREDIT SERVICES LIMITED 8.85 LOA 11JU27 FVRS1CR
1.4% - 27
Cube Highways Trust
1.4% - 28
Repo
1.4% - 29
360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC
1.3% - 30
MAHINDRA RURAL HOUSING FINANCE LIMITED 8.45 NCD 25MR27 FVRS1LAC
1.3% - 31
GLOBE FINCAP LIMITED SR III 9.38 NCD 14MR29 FVRS1LAC
1.3% - 32
MAS FINANCIAL SERVICES LIMITED RR NCD 12JU28 FVRS1LAC
1.3% - 33
Raajmarg Infra Investment Trust
1.3% - 34
182 DTB (18-MAR-2027)
1.3% - 35
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
1.0% - 36
JM FINANCIAL HOME LOANS LIMITED SR IV 9 TR S NCD 16JU28 FVRS1LAC
1.0% - 37
JM FINANCIAL HOME LOANS LIMITED SR III TR S 9 NCD 16FB28 FVRS1LAC
1.0% - 38
ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED SR I 9 NCD 20JL29 FVRS1LAC
1.0% - 39
Embassy Office Parks REIT
1.0% - 40
Tata Power Company Ltd SR CGPLAU02 Debenture 9.90 27/08/2028
0.9% - 41
VASTU FINSERVE INDIA PRIVATE LIMITED SR I 8.75 NCD 23MR28 FVRS1LAC
0.8% - 42
GOI Sec 7.23 15/04/2039
0.8% - 43
MAS FINANCIAL SERVICES LIMITED 9.75 NCD 15JU27 FVRS100000
0.7% - 44
AADHAR HOUSING FINANCE LIMITED 8.50 NCD 02DC27 FVRS1LAC
0.7% - 45
ONGC PETRO ADDITIONS LIMITED SR XIII 8.39 NCD 28JU27 FVRS1LAC
0.7% - 46
8.03% KARNATAKA SDL 31-01-2028
0.7% - 47
IKF FINANCE LIMITED 9.90 NCD 20JN27 FVRS1LAC
0.7% - 48
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR SD72 9.10 NCD 27JU31 FVRS1LAC
0.7% - 49
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.34 BD 26FB29 FVRS1LAC
0.7% - 50
VASTU FINSERVE INDIA PRIVATE LIMITED SR II 8.75 NCD 23SP28 FVRS1LAC
0.7% - 51
VASTU FINSERVE INDIA PRIVATE LIMITED SR III 8.75 NCD 23MR29 FVRS1LAC
0.7% - 52
POWER FINANCE CORPORATION LIMITED SR 237A 7.60 BD 13AP29 FVRS1LAC
0.7% - 53
GLOBE CAPITAL MARKET LIMITED SR III 9.38 NCD 14SP28 FVRS1LAC
0.7% - 54
LIC HOUSING FINANCE LIMITED 7.05 LOA 21DC30 FVRS10LAC
0.6% - 55
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25F 7.37 BD 28MY35 FVRS1LAC
0.6% - 56
GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100
0.6% - 57
GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100
0.6% - 58
MAHINDRA RURAL HOUSING FINANCE LIMITED SR FF2021 7.90 NCD 09JN32 FVRS10LAC
0.5% - 59
GOVERNMENT OF INDIA 33002 GOI 12JU63 7.25 FV RS 100
0.5% - 60
LIC HOUSING FINANCE LIMITED SR 2 7.70 LOA 19MR31 FVRS10LAC
0.5% - 61
VAJRA 003 TRUST SENIOR TRANCHE PTC 08DEC23
0.5% - 62
INVIT POWERGRID INFRASTRUCTURE INVESTMENT TRUST
0.5% - 63
TMF HOLDINGS LIMITED SR A 7.2962 NCD PERPETUAL FVRS10LAC
0.4% - 64
REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LAC
0.3% - 65
MOTILAL OSWAL HOME FINANCE LIMITED SR 2 8.55 NCD 24MR28 FVRS1LAC
0.3% - 66
STATE DEVELOPMENT LOAN 37421 TN 06MY36 7.73 FV RS 100
0.3% - 67
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 178 7.46 BD 18JU29 FVRS1LAC
0.3% - 68
GODREJ INDUSTRIES LIMITED SR II 8.40 NCD 27AG27 FVRS1LAC
0.3% - 69
TATA CAPITAL HOUSING FINANCE LIMITED SR D 8.10 NCD 19FB27 FVRS1LAC
0.3% - 70
Others Class A2 AIF
0.3% - 71
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.42 BD 12MR29 FVRS1LAC
0.3% - 72
DLF CYBER CITY DEVELOPERS LTD 6.92 NCD 28JL28 FVRS1LAC
0.3% - 73
STATE DEVELOPMENT LOAN 37673 TN 15JL41 7.59 FV RS 100
0.3% - 74
JSW ENERGY LIMITED 8.05 NCD 10NV28 FVRS1LAC
0.3% - 75
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26E 7.10 BD 29MR29 FVRS1LAC
0.3% - 76
REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC
0.3% - 77
SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25
0.3% - 78
Capital Infra Trust
0.3% - 79
RURAL ELECTRIFICATION CORPORATION LIMITED SERIES 169 8.37 BD 07DC28 FVRS10LAC
0.3% - 80
POWER FINANCE CORPORATION LTD. SR BS225B STRPP 1 7.82 BD 13MR30 FVRS1LAC
0.3% - 81
POWER FINANCE CORPORATION LTD. SR BS225B STRPP 2 7.82 BD 13MR31 FVRS1LAC
0.3% - 82
7.82% PFC SR BS225 NCD RED 12-03-2032
0.3% - 83
POWER FINANCE CORPORATION LTD. SR BS225B STRPP 4 7.82 BD 11MR33 FVRS1LAC
0.3% - 84
POWER FINANCE CORPORATION LIMITED SR 244B 7.40 BD 15JN30 FVRS1LAC
0.3% - 85
INDIGO 043 SERIES A1 (B) PTC 01AUG25
0.2% - 86
IKF FINANCE LIMITED 9 NCD 17OT27 FVRS1LAC
0.2% - 87
REC LIMITED SR 251 6.95 BD 18FB28 FVRS1LAC
0.2% - 88
MUTHOOT CAPITAL SERVICES LIMITED 10.40 NCD 02DC26 FVRS1LAC
0.2% - 89
REC LIMITED SR 199 7.96 BD 15JU30 FVRS10LAC
0.1% - 90
REC LIMITED SERIES 175 8.97 BD 28MR29 FVRS10LAC
0.1% - 91
INDIGO 041 SERIES A1 (B) PTC 03MAR25
0.1% - 92
BAJAJ HOUSING FINANCE LIMITED 7.10 NCD 16OT28 FVRS1LAC
0.0% - 93
CENTRAL GOVERNMENT LOAN 30734 GOI 15DC35 6.67 FV RS 100
0.0% - 94
VAJRA 006 TRUST SENIOR TRANCHE A1 PTC 27FEB24
0.0% - 95
STATE DEVELOPMENT LOAN 33837 AP 17JN31 7.64 FV RS 100
0.0%
What does it cost?
1.01% a year: ₹101 on every ₹10,000 you hold.
The middle fee for Credit Risk direct plans is 0.80%.
Exit load: For units in excess of 15% of the investment, 1% will be charged for redemption within 12 months and 0.50% if sold after 12 months but within 18 months
How has it done?
- 1 year
- +6.6%
- 3 years, per year
- +8.2%
- 5 years, per year
- +7.1%
Worst fall so far: −2.6% (Mar 2020 to Mar 2020).
Against other Credit Risk funds: out of 117 three-year stretches, it finished above the middle Credit Risk fund in 66.
In Jan–Apr 2020 alone it fell 2.6%; the middle fund fell 2.7%.
Past prices are not a forecast of anything.
Events
- 29 September 2026New portfolio published: holdings as at 29 September 2026.
- 11 June 2026Fee moved between 1.01% and 1.06% a year (10 changes, 8 May – 11 Jun 2026).
- 7 May 2026Fee changed from 1.08% to 1.01% a year.
- 6 May 2026Fee changed from 1.01% to 1.08% a year.
- 30 April 2026Fee changed from 1.08% to 1.01% a year.
Show all 13
- 29 April 2026Fee changed from 1.04% to 1.08% a year.
- 21 April 2026Fee moved between 0.99% and 1.04% a year (6 changes, 16 Dec 2024 – 21 Apr 2026).
- 18 October 2024Fee moved between 0.96% and 0.99% a year (4 changes, 27 Aug – 18 Oct 2024).
- 1 April 2024Fee changed from 0.91% to 0.96% a year.
- 6 February 2024Fee changed from 0.90% to 0.91% a year.
- 2 February 2024Fee changed from 0.96% to 0.90% a year.
- 8 January 2024Fee moved between 0.95% and 0.97% a year (7 changes, 15 Jul 2022 – 8 Jan 2024).
- 4 May 2022Fee changed from 0.85% to 0.95% a year.
Sources and dates
- Holdings
- Groww's page for this fund, month-end 29 September 2026
- Prices
- AMFI via mfapi.in, to 11 November 2026
- Fee
- Groww, from 30 September 2026
- Company sizes
- SEBI's rank by full market value, 25 September 2026