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
8.28%
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
17.68%10.07%27.76%0.98%
2BANK OF INDIA Credit Risk Fund - Regular Plan
Bank of India Mutual Fund
strong · p92
17.15%9.65%27.33%
3DSP Credit Risk Fund - Direct Plan - Growth
DSP Mutual Fund
strong · p91
11.31%16.94%13.33%0.40%
4Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Growth
Aditya Birla Sun Life Mutual Fund
strong · p90
13.19%13.26%10.99%0.67%
5Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Bonus
Aditya Birla Sun Life Mutual Fund
strong · p89
13.19%13.26%10.99%0.67%
6DSP Credit Risk Fund - Regular Plan -Growth
DSP Mutual Fund
strong · p88
10.42%16.04%12.42%
7Aditya Birla Sun Life Credit Risk Fund - Regular Plan - Growth
Aditya Birla Sun Life Mutual Fund
strong · p87
12.23%12.29%10.03%
8ICICI Prudential Credit Risk Fund - Direct Plan - Growth
ICICI Prudential Mutual Fund
strong · p86
8.97%9.24%8.13%0.65%
9Invesco India Credit Risk Fund - Direct Plan - Growth
Invesco Mutual Fund
strong · p85
8.36%9.77%8.54%0.24%
10Invesco India Credit Risk Fund - Direct Plan - Discretionary IDCW (Payout / Reinvestment)
Invesco Mutual Fund
strong · p84
8.36%9.77%8.53%0.24%
11Axis Credit Risk Fund - Direct Plan - Growth
Axis Mutual Fund
strong · p83
8.98%8.94%7.79%0.82%
12Nippon India Credit Risk Fund - Direct Plan - Growth Plan
Nippon India Mutual Fund
strong · p82
8.08%9.06%8.04%0.60%
13NIPPON INDIA CREDIT RISK FUND - DIRECT Plan - IDCW Option
Nippon India Mutual Fund
strong · p81
8.08%9.06%8.04%
14UTI Credit Risk Fund - Direct Plan - Half-Yearly IDCW
UTI Mutual Fund
strong · p80
7.02%7.93%10.29%1.04%
15UTI Credit Risk Fund - Direct Plan - Growth Option
UTI Mutual Fund
steady · p79
7.01%7.93%10.29%1.04%
16UTI Credit Risk Fund - Direct Plan - Quarterly IDCW
UTI Mutual Fund
steady · p78
7.01%7.93%10.29%1.04%
17UTI Credit Risk Fund - Direct Plan - Flexi IDCW
UTI Mutual Fund
steady · p77
7.00%7.93%10.29%1.04%
18Baroda BNP Paribas Credit Risk Fund -Direct-Growth Option
Baroda BNP Paribas Mutual Fund
steady · p76
7.04%8.40%9.35%0.68%
19SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)
SBI Mutual Fund
steady · p75
8.28%8.67%7.82%
20SBI CREDIT RISK FUND - DIRECT PLAN -GROWTH
SBI Mutual Fund
steady · p74
8.28%8.66%7.82%0.91%
21SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)
SBI Mutual Fund
steady · p73
8.28%8.66%7.82%
22Nippon India Credit Risk Fund - Institutional Growth Plan
Nippon India Mutual Fund
steady · p72
8.22%8.59%7.52%
23ICICI Prudential Credit Risk Fund - Growth
ICICI Prudential Mutual Fund
steady · p71
8.28%8.53%7.43%
24Kotak Credit Risk Fund - Growth - Direct
Kotak Mahindra Mutual Fund
steady · p70
8.21%8.78%6.90%0.80%
25Kotak Credit Risk Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option
Kotak Mahindra Mutual Fund
steady · p69
8.21%8.78%6.90%0.80%
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