DebtCredit Risk FundDirectIDCWModerate

Aditya Birla Sun Life Credit Risk Fund

Q: What is the NAV of Aditya Birla Sun Life Credit Risk Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Credit Risk Fund is ₹14.75 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Aditya Birla Sun Life Credit Risk Fund delivered?

Aditya Birla Sun Life Credit Risk Fund has returned +5.22% over 1 year, +7.00% per year over 3 years, +4.82% per year over 5 years and +3.43% 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 are the top holdings of Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life Credit Risk Fund's largest holdings are 8.73% Eris Lifesciences Ltd. (07/06/2027) (4.6%), Jubilant Bevco Ltd. (31/05/2028) (ZCB) (4.5%), 9.10% SK Finance Ltd. (10/08/2029) (4.0%), 8.45% Adani Airport Holdings Ltd. (12/02/2029) (3.7%) and JTPM Metal Traders Ltd. (29/09/2028) (ZCB) (3.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life Credit Risk Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 6.4% and its worst peak-to-trough fall in our sample was -9.5%. 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 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Credit Risk Fund's 0.08 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life 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 Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life Credit Risk Fund is managed by Mohit Sharma and Sunaina Da Cunha at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life Credit Risk Fund taxed?

Aditya Birla Sun Life 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.

Aditya Birla Sun Life Mutual Fund · Best Credit Risk Mutual Funds

NAV

₹14.75

+0.09% 1D

as of 05 Oct 2026

This is the Direct plan of Aditya Birla Sun Life Credit Risk Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed and reinvested in more units, which is why this NAV sits below the growth plan of the same fund.

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NAV history

+5.19%absolute

52-week rangePrev NAV ₹14.73

Latest ₹14.75

Low ₹14.0082nd percentile of its 52-week rangeHigh ₹14.91

Scorecard

Not rated

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. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

Performance—

Not enough Credit Risk Fund peers to rank yet

Risk—

Volatility 6.4% (no category average yet)

Cost—

Expense ratio not available yet

ConsistencyModerate

79% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

—

Category —

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

—

Category —

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

0.08

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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

None

• For redemption / switch-out of units on or before 1 year from the date of allotment: 1.00% of applicable NAV. • For redemption / switch-out of units after 1 year: 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

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

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.

22 Apr 2015

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.15%

Absolute return over the last 3 months (not annualized)

+1.21%

Absolute return over the last 6 months (not annualized)

+4.82%

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

+3.40%

Annualized returns (≥1Y — CAGR)

Definitions

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

+5.22%

3-year annualized return (CAGR)

+7.00%

5-year annualized return (CAGR)

+4.82%

10-year annualized return (CAGR)

+2.57%

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.

+3.43%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

6.38%

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

0.08

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

0.09

Largest peak-to-trough decline over full history

-9.46%

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	+0.15%	—	—
3M abs	+1.21%	—	—
6M abs	+4.82%	—	—
1Y CAGR	+5.22%	—	—
3Y CAGR	+7.00%	—	—
5Y CAGR	+4.82%	—	—

Category average across peers in Credit Risk Fund, 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.

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

₹6.95L

Absolute

+15.76%

XIRR

+5.98%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Aditya Birla Sun Life 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	+3.40%
2025	+6.90%
2024	+10.95%
2023	+0.73%
2022	+2.51%
2021	+1.98%
2020	+3.71%
2019	-3.15%
2018	-1.06%
2017	-1.25%

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

2,773

Portfolio turnover

YTM (from holdings)

8.69%

Average maturity

2.35 years

Exit load

• For redemption / switch-out of units on or before 1 year from the date of allotment: 1.00% of applicable NAV. • For redemption / switch-out of units after 1 year: NIL

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


Aditya Birla Sun Life Credit Risk FundThis fund Aditya Birla Sun Life · Direct · IDCW	—	+5.22%	+7.00%	+4.82%	—	—	—
Invesco India Credit Risk Fund Invesco · Direct · Discretionary IDCW	—	+7.39%	+9.43%	+8.38%	—	—	₹7.72L
Kotak Credit Risk Fund Kotak Mahindra · Direct · Standard · IDCW	—	+6.47%	+8.49%	+6.68%	—	—	—
SBI Credit Risk Fund SBI · Direct · IDCW	—	+7.81%	+8.47%	+7.70%	—	0.90%	₹2,138Cr
SBI Credit Risk Fund SBI · Direct · IDCW	—	+7.81%	+8.47%	+7.70%	—	0.90%	₹2,138Cr
HDFC Credit Risk Fund HDFC · Direct · IDCW	—	+6.82%	+8.14%	+7.10%	—	1.01%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt85.07%
Cash & Equivalents6.59%
Real Estate / REITs5.76%
Equity2.32%
Other0.27%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Jubilant Bevco Ltd. (31/05/2028) (ZCB)

4.54%

JTPM Metal Traders Ltd. (29/09/2028) (ZCB)

3.62%

Government of India (11/05/2036)

2.81%

Indus Infra Trust

2.08%

IndiGrid Infrastructure Trust

1.49%

Cube Highways Trust

1.43%

Nexus Select Trust

1.27%

Embassy Office Parks Reit

1.05%

Raajmarg Infra Investment Trust

0.38%

IRB Invit Fund

0.38%

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.

-9.5%20 Sep 2017 → 30 Apr 2020
Fell over 2.6 years, back to the old high on 12 Jul 2022 — 2.2 years under water after the low.
-6.8%20 Mar 2025 → 27 Mar 2025
Fell over 7 days, back to the old high on 17 Oct 2025 — 7 months under water after the low.
-6.1%17 Feb 2026 → 23 Mar 2026
Still below that high — 34 days down, and no recovery yet.

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.

AMC Profile

Aditya Birla Sun Life Mutual Fund is run by Aditya Birla Sun Life AMC, a joint venture between the Aditya Birla Group and Sun Life Financial of Canada. In business since 1994 and listed on the exchanges since 2021, it is among India's larger houses across equity, debt and hybrid.

Launched

22 Dec 1994

Total AUM

₹4,41,787Cr+3.3% QoQ

Avg AUM · July - September 2026

Website

mutualfund.adityabirlacapital.com

Fund Managers

MSMohit SharmaStart date not disclosed

Education

PGDCM years Calcutta; B Tech – IIT Madras

Experience

He has over 19 years of experience of which 12 years are in financial markets. He joined Aditya Birla Sun Life AMC Ltd on October 2015. Prior to joining Aditya Birla Sun Life AMC Limited, he ran his own healthcare- tech business (June 2012 - May 2015). He has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006). under his Fund Management Responsibilities jointly with Mr. Lovelish Solanki Ms. Sunaina Da Cunha - Mr. Bhupesh Bameta Fund - - Mr. Kaustubh Gupta Ms. Sunaina Da Cunha Mr. Kaustubh Gupta and Mr. Anuj Jain - Mr. Harshil Suvarnkar Mr. Kaustubh Gupta Mr. Sanjay Godambe - Mr. Bhupesh Bameta Mr. Sanjay Godambe Financial Mr. Sanjay Pawar

Funds managed (12)

All schemes Mohit Sharma runs →

SCSunaina Da CunhaStart date not disclosed

Education

MBA, CFA

Experience

research. Prior to 2017 Corporation Ltd as Fund Management Responsibility jointly with

Funds managed (1)

Aditya Birla Sun Life Credit Risk Fund

All schemes Sunaina Da Cunha runs →

Fund manager, benchmark and dealing terms from 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

Mohit Sharma Sunaina Da Cunha

Aditya Birla Sun Life 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 Aditya Birla Sun Life Credit Risk Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Credit Risk Fund is ₹14.75 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Aditya Birla Sun Life Credit Risk Fund delivered?

Aditya Birla Sun Life Credit Risk Fund has returned +5.22% over 1 year, +7.00% per year over 3 years, +4.82% per year over 5 years and +3.43% 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 are the top holdings of Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life Credit Risk Fund's largest holdings are 8.73% Eris Lifesciences Ltd. (07/06/2027) (4.6%), Jubilant Bevco Ltd. (31/05/2028) (ZCB) (4.5%), 9.10% SK Finance Ltd. (10/08/2029) (4.0%), 8.45% Adani Airport Holdings Ltd. (12/02/2029) (3.7%) and JTPM Metal Traders Ltd. (29/09/2028) (ZCB) (3.6%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life Credit Risk Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 6.4% and its worst peak-to-trough fall in our sample was -9.5%. 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 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Credit Risk Fund's 0.08 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life 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 Aditya Birla Sun Life Credit Risk Fund?

Aditya Birla Sun Life Credit Risk Fund is managed by Mohit Sharma and Sunaina Da Cunha at Aditya Birla Sun Life.

How is Aditya Birla Sun Life Credit Risk Fund taxed?

Aditya Birla Sun Life 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.