Analytics, not advice. Rankings and scores describe past performance and are not recommendations.

Top Credit Risk Funds in India — ranked by FundScore

Credit risk funds must invest at least 65% in corporate debt rated AA or below, earning higher yields as compensation for genuine default risk. The category's 2018–2020 credit events showed the downside is real — these are the riskiest mainstream debt funds.

The ranking below is a published-formula percentile within this SEBI category (consistency, recency and volatility of returns) — refreshed daily from public AMFI NAV data. It describes past performance; it is not a recommendation to buy or sell.

Funds shown
25
Top of the category by FundScore
Median 1Y return
8.54%
Across the funds shown
Median expense ratio
0.80%
Direct plans, across the funds shown
Top 25 credit risk funds
Sorted by FundScore percentile within the category. Click any fund for NAV history, rolling returns and holdings.
#FundFundScore1Y3Y5YExpenseAUM
1BANK OF INDIA Credit Risk Fund - Direct Plan
Bank of India Mutual Fund
strong · p93
17.77%10.08%27.77%0.98%
2BANK OF INDIA Credit Risk Fund - Regular Plan
Bank of India Mutual Fund
strong · p92
17.22%9.66%27.34%
3DSP Credit Risk Fund - Direct Plan - Growth
DSP Mutual Fund
strong · p91
11.43%16.90%13.34%0.40%
4Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Bonus
Aditya Birla Sun Life Mutual Fund
strong · p90
13.17%13.28%10.97%0.67%
5Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Growth
Aditya Birla Sun Life Mutual Fund
strong · p89
13.17%13.28%10.97%0.67%
6DSP Credit Risk Fund - Regular Plan -Growth
DSP Mutual Fund
strong · p88
10.53%16.00%12.43%
7Aditya Birla Sun Life Credit Risk Fund - Regular Plan - Growth
Aditya Birla Sun Life Mutual Fund
strong · p87
12.22%12.30%10.01%
8Invesco India Credit Risk Fund - Direct Plan - Growth
Invesco Mutual Fund
strong · p86
8.54%9.76%8.48%0.24%
9Invesco India Credit Risk Fund - Direct Plan - Discretionary IDCW (Payout / Reinvestment)
Invesco Mutual Fund
strong · p85
8.54%9.75%8.48%0.24%
10ICICI Prudential Credit Risk Fund - Direct Plan - Growth
ICICI Prudential Mutual Fund
strong · p84
9.05%9.24%8.10%0.65%
11Axis Credit Risk Fund - Direct Plan - Growth
Axis Mutual Fund
strong · p83
8.99%8.99%7.75%0.82%
12Nippon India Credit Risk Fund - Direct Plan - Growth Plan
Nippon India Mutual Fund
strong · p82
8.15%9.04%7.95%0.60%
13NIPPON INDIA CREDIT RISK FUND - DIRECT Plan - IDCW Option
Nippon India Mutual Fund
strong · p81
8.15%9.04%7.95%
14SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)
SBI Mutual Fund
strong · p80
8.75%8.75%7.81%
15SBI CREDIT RISK FUND - DIRECT PLAN -GROWTH
SBI Mutual Fund
steady · p79
8.75%8.75%7.81%0.91%
16SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)
SBI Mutual Fund
steady · p78
8.75%8.75%7.81%
17UTI Credit Risk Fund - Direct Plan - Half-Yearly IDCW
UTI Mutual Fund
steady · p77
7.10%7.92%10.24%1.04%
18UTI Credit Risk Fund - Direct Plan - Growth Option
UTI Mutual Fund
steady · p76
7.09%7.93%10.24%1.04%
19UTI Credit Risk Fund - Direct Plan - Quarterly IDCW
UTI Mutual Fund
steady · p75
7.09%7.93%10.24%1.04%
20UTI Credit Risk Fund - Direct Plan - Flexi IDCW
UTI Mutual Fund
steady · p74
7.08%7.92%10.24%1.04%
21Baroda BNP Paribas Credit Risk Fund -Direct-Growth Option
Baroda BNP Paribas Mutual Fund
steady · p73
7.12%8.37%9.33%0.68%
22Nippon India Credit Risk Fund - Institutional Growth Plan
Nippon India Mutual Fund
steady · p72
8.31%8.58%7.43%
23ICICI Prudential Credit Risk Fund - Growth
ICICI Prudential Mutual Fund
steady · p71
8.36%8.54%7.40%
24Kotak Credit Risk Fund - Growth - Direct
Kotak Mahindra Mutual Fund
steady · p70
8.22%8.73%6.83%0.80%
25Kotak Credit Risk Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option
Kotak Mahindra Mutual Fund
steady · p69
8.22%8.73%6.83%0.80%
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