HDFC Credit Risk Fund

Direct Plan · IDCW Option · Credit Risk · Scheme code 133147

NAV₹24.8469as on 30 Oct 2026

Fund houseHDFC Mutual Fund

CategoryCredit Risk

Plan & optionDirect · IDCW Option

History11.8 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.66	2.87	3.78	7.74	8.27	7.20	8.02	7.97	8.03
Credit Risk category median	—	—	—	6.91	8.41	7.00	—	7.66	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	1.2%	1.44	3.08	—	—	-2.6%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
2,607	3.6%	8.4%	13.8%	0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

HDFC Credit Risk Fund

Direct Plan · IDCW Option

Allocation

By asset

Debt	88.83%
REITs / InvITs	7.61%
Cash & Equivalents	3.23%
AIF Units	0.33%

By market cap

Mid Cap	1.94%
Unclassified	190.12%

Concentration

Number of stocks	93
Top 5 stocks	17.98%
Top 10 stocks	30.93%
Top 20 stocks	51.56%
Lines in the filing	95

Largest holding	4.87%
Largest sector	CRISIL - AA 18.18%
Effective stocks	53.5
Sectors held	25
Cash	3.23%

Effective stocks is what the concentration works out to: a fund holding 93 names but most of its money in a few behaves like a fund of 54. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL - AA	18.18%
CRISIL - AAA	10.86%
CRISIL - AA-	10.24%
Sovereign	9.47%
CARE - AA-	6.78%
Transport Infrastructure	5.90%
IND - AA-	4.74%
ICRA - AA	3.94%
Cash & Equivalents	3.23%
CRISIL - AA+	3.09%
CARE - AA+	2.86%
ICRA - AA+	2.83%
ICRA - A+(CE)	2.63%
IND - AA+	2.62%
CRISIL - AAA(SO)	2.50%
CARE - AA	2.08%
ICRA - AA-	1.95%
IND - A	1.93%
ICRA - AAA	0.98%
Realty	0.97%

HDFC Credit Risk Fund

Direct Plan · IDCW Option · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	GMR Airports Limited	CRISIL - AA-	35,000	372	4.87%
2	Nirma Ltd.	CRISIL - AA	30,000	301	3.94%
3	Indus Infra Trust	Transport Infrastructure	18,951,606	246	3.23%
4	Triumph Composites Private Limited	IND - AA-	24,000	238	3.12%
5	Jubilant Beverages Limited	CRISIL - AA	19,190	215	2.82%
6	ADITYA BIRLA RENEWABLES LIMITED	CRISIL - AA	21,000	210	2.75%
7	Bamboo Hotel and Global Centre (Delhi) Private Limited	ICRA - A+(CE)	20,000	201	2.63%
8	Kalpataru Projects International Ltd	IND - AA+	20,000	200	2.62%
9	Jubilant Bevco Limited	CRISIL - AA	17,750	200	2.62%
10	8.28% Tamilnadu SDL MAT 210228	Sovereign	17,500,000	178	2.33%
11	JSW Energy Ltd.	ICRA - AA	17,500	175	2.30%
12	Evonith Value Steel Limited	CRISIL - AA-	17,500	174	2.28%
13	Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	175	167	2.19%
14	JTPM Metal Traders Limited	CRISIL - AA	15,000	162	2.12%
15	6.94% GOI MAT 110536	Sovereign	15,500,000	152	2.00%
16	Kalpataru Projects International Ltd	CRISIL - AA	15,000	150	1.97%
17	National Bank for Agri & Rural Dev.	CRISIL - AAA	15,000	149	1.95%
18	Kogta Financial India Limited	CARE - AA-	15,000	148	1.94%
19	Veritas Finance Limited	CARE - AA-	15,000	148	1.94%
20	ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED	CRISIL - AA-	15,000	148	1.94%
21	Kosamattam Finance Limited	IND - A	15,000	147	1.93%
22	Aadharshila Infratech Private limited	CARE - AA+	15,000	147	1.93%
23	Net Current Assets	Unclassified	—	144	1.86%
24	SK FINANCE LIMITED	IND - AA-	12,500	123	1.62%
25	Aadhar Housing Finance Limited	ICRA - AA+	11,500	115	1.51%
26	TVS Credit Services Ltd	CRISIL - AA+	105	105	1.38%
27	Cube Highways Trust	Transport Infrastructure	6,789,546	105	1.38%
28	TREPS - Tri-party Repo	Unclassified	—	104	1.37%
29	360 One Prime Limited	ICRA - AA	10,000	100	1.32%
30	Mahindra Rural Housing Finance Ltd	CRISIL - AAA	10,000	100	1.31%

HDFC Credit Risk Fund

Direct Plan · IDCW Option · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹0 cr	₹0 cr	1	0	+3.20%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
Cube Highways Trust	6,789,546	entered	—	107

Not equity	Previous filing	This filing	Change
Cash, repo and TREPS	₹0 cr	₹0 cr	+₹0 cr
Debt: bills, CDs and commercial paper	₹7,054 cr	₹6,719 cr	−₹334 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹732,514	₹132,514	7.92%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 31 Oct 2026.