DebtCredit Risk FundRegularGrowthModerate

UTI - Credit Risk Fund.

Q: What is the NAV of UTI - Credit Risk Fund.?

As of 01 Oct 2026, the NAV of UTI - Credit Risk Fund. is ₹18.32 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI - Credit Risk Fund. delivered?

UTI - Credit Risk Fund. has returned +5.58% over 1 year, +6.95% per year over 3 years, +6.30% per year over 5 years and +4.45% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. charges an expense ratio of 1.43% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI - Credit Risk Fund.?

UTI - Credit Risk Fund.'s largest holdings are 7.10% GSEC - MAT - 08/04/2034 (9.6%), SPN/DDB JTPM METAL TRADERS LIMITED (7.8%), NCD PIRAMAL FINANCE LIMITED (7.2%), NCD VEDANTA ALUMINIUM METAL LTD. (6.1%) and NCD AADHAR HOUSING FINANCE LIMITED (6.0%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.9% and its worst peak-to-trough fall in our sample was -35.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.53 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Credit Risk Fund.'s 0.53 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. is benchmarked against the CRISIL Credit Risk Debt B-II Index. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. is managed by Anurag Mittal at UTI.

Q: How is UTI - Credit Risk Fund. taxed?

UTI - Credit Risk Fund. is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

UTI Mutual Fund · Best Credit Risk Mutual Funds

NAV

₹18.32

-0.04% 1D

as of 01 Oct 2026

This is the Regular plan of UTI - Credit Risk Fund. — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+5.72%CAGR

52-week rangePrev NAV ₹18.33

Latest ₹18.32

Low ₹17.3596th percentile of its 52-week rangeHigh ₹18.36

Scorecard

★★☆☆☆2/5 vs 12 Credit Risk Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Credit Risk Fund (same plan and option).

PerformanceBelow avg

3Y CAGR +6.95% · ranks 11 of 12 Credit Risk Funds

RiskLow

Volatility 0.9% vs 2.8% category avg

CostAverage

1.4% expense vs 1.5% category avg

ConsistencyModerate

73% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Credit Risk Fund peers (0.9% vs 2.8%)

Concerns

1-year return (+5.58%) trails the Credit Risk Fund average (+7.92%)
3-year return (+6.95%) trails the Credit Risk Fund average (+9.24%)
5-year return (+6.30%) trails the Credit Risk Fund average (+9.52%)
Ranks #11 of 12 on 1-year return in its Credit Risk Fund cohort
Weaker risk-adjusted returns — Sharpe 0.53 below the Credit Risk Fund average of 0.98

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.43%

Category 1.52%▼0.09%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.53

Category 0.98▼0.45

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Redemption/Switch out (a) within 12 months from date of allotment – i. up to 10% of allotted Units - NIL ii. beyond 10% of allotted Units - 1.00% (b) After 12 months from the date of allotment - NIL

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹20,000

CRISIL Credit Risk Debt B-II Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

26 Nov 2012

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.09%

Absolute return over the last 3 months (not annualized)

+0.96%

Absolute return over the last 6 months (not annualized)

+3.18%

Absolute return since 1 Jan of this year (not annualized)

+4.05%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.58%

3-year annualized return (CAGR)

+6.95%

5-year annualized return (CAGR)

+6.30%

10-year annualized return (CAGR)

+2.54%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+4.45%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.86%

Excess return per unit of total volatility (rf = 6.5%)

0.53

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.80

Largest peak-to-trough decline over full history

-35.08%

Benchmark ratios

Not shown for Credit Risk Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Credit Risk Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.09%	+0.13%	-0.04%
3M abs	+0.96%	+0.99%	-0.03%
6M abs	+3.18%	+4.76%	-1.58%
1Y CAGR	+5.58%	+7.92%	-2.34%
3Y CAGR	+6.95%	+9.24%	-2.29%
5Y CAGR	+6.30%	+9.52%	-3.22%

Category average across peers in Credit Risk Fund (up to 11 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 11 peers in Credit Risk Fund

1Y return

+5.58%

Beats 9.1% · rank #11

3Y return

+6.95%

Beats 9.1% · rank #11

5Y return

+6.30%

Beats 20% · rank #9

Sharpe

0.53

Beats 9.1% · rank #11

Sortino

0.80

Beats 9.1% · rank #11

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.06L

Absolute

+17.65%

XIRR

+6.64%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into UTI - Credit Risk Fund., valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+4.05%
2025	+7.42%
2024	+7.89%
2023	+6.59%
2022	+3.86%
2021	+21.48%
2020	-27.78%
2019	-4.79%
2018	+5.48%
2017	+6.90%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

3,344

Expense ratio

1.43%

AUM

₹252.19Cr

YTM (from holdings)

8.18%

Average maturity

2.68 years

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Credit Risk Fund

Compare all


UTI - Credit Risk Fund.This fund UTI · Regular · Growth	★★☆☆☆	+5.58%	+6.95%	+6.30%	—	1.43%	₹252.19Cr
DSP Credit Risk Fund DSP · Regular · Growth	★★★★☆	+9.96%	+15.77%	+12.45%	—	1.20%	₹250.18Cr
Aditya Birla Sun Life Credit Risk Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+11.03%	+12.07%	+9.90%	—	1.60%	₹1,337Cr
HSBC Credit Risk Fund HSBC · Regular · Growth	★★★★★	+5.62%	+10.84%	—	—	1.66%	₹473.50Cr
Bank of India Credit Risk Fund Bank of India · Regular · Growth	★★★☆☆	+16.74%	+9.65%	+27.38%	—	1.36%	₹94.09Cr
ICICI Prudential Credit Risk Fund ICICI Prudential · Regular · Growth	★★★★★	+6.86%	+8.30%	+7.24%	—	1.43%	₹6,000Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt92.28%
Cash & Equivalents5.49%
Real Estate / REITs2.20%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-35.1%03 Jun 2019 → 27 Aug 2020
Fell over 15 months, back to the old high on 17 Apr 2025 — 4.6 years under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹252.19Cr

April - June 2026

-2%

since January - March 2026

−₹7.03Cr

est. net flow, last quarter

At or near its largest, ₹256.83Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

Fund Managers

AMAnurag MittalManaging since 21 Jul 2026

Role

Executive Vice President & Head- Fixed Income

Education

B Com, MSc, B.Com from University of Delhi, Chartered Accountant

Experience

He is B.Com from holder from Institute of working with Bandhan had been associated with has total work

Funds managed (16)

All schemes Anurag Mittal runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Anurag Mittal

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Credit Risk funds

Credit risk funds must keep at least 65% in corporate bonds rated AA and below. The lower rating is what pays the extra yield, and it is also the risk — a downgrade or default hits the NAV directly, which is not a thing that happens in a gilt fund.

Frequently asked questions

What is the NAV of UTI - Credit Risk Fund.?

As of 01 Oct 2026, the NAV of UTI - Credit Risk Fund. is ₹18.32 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI - Credit Risk Fund. delivered?

UTI - Credit Risk Fund. has returned +5.58% over 1 year, +6.95% per year over 3 years, +6.30% per year over 5 years and +4.45% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. charges an expense ratio of 1.43% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI - Credit Risk Fund.?

UTI - Credit Risk Fund.'s largest holdings are 7.10% GSEC - MAT - 08/04/2034 (9.6%), SPN/DDB JTPM METAL TRADERS LIMITED (7.8%), NCD PIRAMAL FINANCE LIMITED (7.2%), NCD VEDANTA ALUMINIUM METAL LTD. (6.1%) and NCD AADHAR HOUSING FINANCE LIMITED (6.0%). Holdings are disclosed monthly and change over time.

How risky is UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.9% and its worst peak-to-trough fall in our sample was -35.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.53 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Credit Risk Fund.'s 0.53 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. is benchmarked against the CRISIL Credit Risk Debt B-II Index. Its alpha and beta on this page are measured against that index.

Who manages UTI - Credit Risk Fund.?

UTI - Credit Risk Fund. is managed by Anurag Mittal at UTI.

How is UTI - Credit Risk Fund. taxed?

UTI - Credit Risk Fund. is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.