{"id":241020,"date":"2026-09-10T13:09:23","date_gmt":"2026-09-10T07:39:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/"},"modified":"2026-09-10T13:09:23","modified_gmt":"2026-09-10T07:39:23","slug":"sbi-credit-risk-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/","title":{"rendered":"SBI Credit Risk Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-credit-risk-fund-g-direct-plan\">SBI Credit Risk Fund Direct Growth Plan<\/a> has a NAV of \u20b954.3035 as of 09 Sep 2026 and an AUM of \u20b92,185 Cr. Its 1-year, 3-year and 5-year returns are 8.73%, 8.71% and 7.78%, respectively. The scheme sits in the High Risk category, so our view is that it suits investors who can accept sharp variation in outcomes while looking at debt allocations that are not purely conservative.<\/p>\n<p>The return pattern is steady rather than explosive, and the portfolio leans on corporate debt exposures across a fairly wide set of issuers. That combination can appeal to investors who want debt-fund exposure with room for some yield enhancement, but it also means the fund is not built for very cautious, short-horizon money.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_SBI_Credit_Risk\" title=\"Should you BUY or HOLD SBI Credit Risk?\">Should you BUY or HOLD SBI Credit Risk?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_SBI_Credit_Risk_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of SBI Credit Risk Fund Direct Growth Plan?\">What is the current NAV of SBI Credit Risk Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#What_are_the_1-year_3-year_and_5-year_returns\" title=\"What are the 1-year, 3-year and 5-year returns?\">What are the 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#How_has_the_fund_performed_versus_the_benchmark\" title=\"How has the fund performed versus the benchmark?\">How has the fund performed versus the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_peers_on_recent_returns\" title=\"How does the fund compare with peers on recent returns?\">How does the fund compare with peers on recent returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#What_is_the_exit_load_structure\" title=\"What is the exit load structure?\">What is the exit load structure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Who_manages_the_fund\" title=\"Who manages the fund?\">Who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/sbi-credit-risk-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b954.3035 as of 09 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b92,185 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.89%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>02 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil for 8% of investment and 3% for remaining investment on or before 12M, Nil for 8% of investment and 1.5% for remaining investment after 12M but before 24M, Nil for 8% of investment and 0.75% for remaining investment after 24M but before 36M, Nil after 36M<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Lokesh Mallya, Prashanth Sridhar<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Lokesh Mallya and Prashanth Sridhar.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.65%<\/td>\n<td>-4.69%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.93%<\/td>\n<td>0.93%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>8.73%<\/td>\n<td>-7.16%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>8.71%<\/td>\n<td>6.00%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>7.78%<\/td>\n<td>5.87%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Short-term behaviour has been more stable than the benchmark, which has been weak over the 1-year window and negative over the 1-month window. The fund has still advanced in all the periods shown, so our view is that it has protected recent returns better than the benchmark while avoiding the kind of sharp drawdown the index experienced over the last year.<\/p>\n<p>The 3-year and 5-year figures show a more measured pace of compounding. At 8.71% over 3 years and 7.78% over 5 years, the fund has remained positive through a longer stretch, but the edge over the benchmark is not dramatic in those longer periods. That tells us the fund\u2019s longer-run profile is more about consistency than aggressive outperformance.<\/p>\n<p>The one-year period looks stronger than the multi-year pattern, which suggests recent conditions have been friendlier than the longer history. The return path in the time series also points to a few stretches of drift and recovery rather than a smooth climb, so this is not a fund that we would describe as linear in its progress.<\/p>\n<p>Against the benchmark, the fund is ahead in every period shown. The gap is especially visible in the recent windows because the benchmark has been negative over 1 year and 1 month, while the fund stayed positive. Even so, the longer-term comparison indicates the fund\u2019s advantage is modest rather than wide.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_SBI_Credit_Risk\"><\/span>Should you BUY or HOLD SBI Credit Risk?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding SBI Credit Risk? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-credit-risk-fund-g-direct-plan\">SBI Credit Risk Fund Direct Growth Plan<\/a><\/td>\n<td>8.73%<\/td>\n<td>8.71%<\/td>\n<td>7.78%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-credit-risk-fund-g-direct-plan\">Bank of India Credit Risk Fund Direct Growth Plan<\/a><\/td>\n<td>17.99%<\/td>\n<td>10.12%<\/td>\n<td>27.79%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-credit-risk-fund-g-direct-plan\">Aditya Birla SL Credit Risk Fund Direct Growth Plan<\/a><\/td>\n<td>13.04%<\/td>\n<td>13.21%<\/td>\n<td>10.92%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/dsp-credit-risk-fund-g-direct-plan\">DSP Credit Risk Fund Direct Growth Plan<\/a><\/td>\n<td>11.4%<\/td>\n<td>16.84%<\/td>\n<td>13.37%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-credit-risk-fund-g-direct-plan\">ICICI Pru Credit Risk Fund Direct Growth Plan<\/a><\/td>\n<td>8.82%<\/td>\n<td>9.17%<\/td>\n<td>8.03%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-credit-risk-fund-g-direct-plan\">Axis Credit Risk Fund Direct Growth Plan<\/a><\/td>\n<td>8.76%<\/td>\n<td>8.86%<\/td>\n<td>7.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the recent 1-year figure, the fund trails the stronger peer numbers but stays close to the middle of the returned set on the table. Over 3 years and 5 years, it also remains below the more assertive outcomes posted by Bank of India Credit Risk Fund Direct Growth Plan and DSP Credit Risk Fund Direct Growth Plan, while staying broadly in line with ICICI Pru Credit Risk Fund Direct Growth Plan and Axis Credit Risk Fund Direct Growth Plan. The shorter and longer windows tell the same broad story: the fund has been steady, but not the most forceful compounding profile among the peers shown.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Lodha Developers Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.58%<\/td>\n<\/tr>\n<tr>\n<td>Renew Solar Energy (Jharkhand Five) Pvt. Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.58%<\/td>\n<\/tr>\n<tr>\n<td>NJ Capital Pvt. Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.54%<\/td>\n<\/tr>\n<tr>\n<td>Tata Projects Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.54%<\/td>\n<\/tr>\n<tr>\n<td>Godrej Seeds &amp; Genetics Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.52%<\/td>\n<\/tr>\n<tr>\n<td>H.G. Infra Engineering Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.52%<\/td>\n<\/tr>\n<tr>\n<td>JTPM Metal Traders Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.44%<\/td>\n<\/tr>\n<tr>\n<td>Eris Lifesciences Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>3.9%<\/td>\n<\/tr>\n<tr>\n<td>Renserv Global Pvt Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>3.66%<\/td>\n<\/tr>\n<tr>\n<td>Net Receivable \/ Payable<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.56%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 4.58%, which is not outsized on its own, but it still means a single credit exposure can matter if conditions around that issuer change. The drop from the first holding to the tenth is relatively modest, because the top ten positions sit in a narrow band from 4.58% down to 3.56%. That tells us the visible book is not dominated by one very large position; influence appears more evenly spread across several credits.<\/p>\n<p>The top ten holdings account for approximately 42.84% of the portfolio, and the fund discloses 38 holdings in total. Our view is that this points to a portfolio with a meaningful core of large positions, but also a longer tail beyond the top names. The overall shape may still leave the fund sensitive to issuer-specific developments, yet the combination of ten similar-sized positions and a longer holdings list suggests the exposure is not narrowly concentrated in only a few names.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/sbi-credit-risk-fund-g-direct-plan\">SBI Credit Risk Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is better aligned with investors who can tolerate High Risk debt exposure and hold for a longer period rather than treat it as a parking place for money that may be needed soon. The 1-year return is stronger than the 3-year and 5-year figures, but the longer windows still remain positive, which suggests the fund has delivered reasonable compounding without being especially aggressive.<\/p>\n<p>Its benchmark has been weaker across the same periods, which improves the fund\u2019s relative case, but peer data also shows that some comparable funds have produced much higher numbers. The main trade-off is therefore between steadier behaviour and the possibility of giving up stronger upside that other credit-risk funds have recently delivered. For investors comfortable with that balance, the fund may fit a patient allocation within debt.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<p>Nil for 8% of investment and 3% for remaining investment on or before 12M, Nil for 8% of investment and 1.5% for remaining investment after 12M but before 24M, Nil for 8% of investment and 0.75% for remaining investment after 24M but before 36M, Nil after 36M.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_SBI_Credit_Risk_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of SBI Credit Risk Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b954.3035 as of 09 Sep 2026. It is the latest NAV level used for this review.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_1-year_3-year_and_5-year_returns\"><\/span>What are the 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year return is 8.73%, the 3-year return is 8.71% and the 5-year return is 7.78%. The shorter window is slightly stronger than the longer ones.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_versus_the_benchmark\"><\/span>How has the fund performed versus the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund has been ahead of the benchmark in every period shown. The benchmark return is -7.16% over 1 year, 6.00% over 3 years and 5.87% over 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_peers_on_recent_returns\"><\/span>How does the fund compare with peers on recent returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its recent return is lower than several of the peer figures shown, especially Bank of India Credit Risk Fund Direct Growth Plan and Aditya Birla SL Credit Risk Fund Direct Growth Plan. It remains closer to ICICI Pru Credit Risk Fund Direct Growth Plan and Axis Credit Risk Fund Direct Growth Plan.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_exit_load_structure\"><\/span>What is the exit load structure?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The exit load falls over time and becomes nil after 36 months. The stated rule is 3% for remaining investment on or before 12 months, 1.5% after 12 months but before 24 months, 0.75% after 24 months but before 36 months, and nil after 36 months, with 8% of investment remaining nil in each band.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund\"><\/span>Who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Lokesh Mallya and Prashanth Sridhar. No manager biography is needed to understand the current review.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SBI Credit Risk Fund Direct Growth Plan has delivered positive returns across 1-year, 3-year and 5-year periods, and it has done so ahead of the benchmark in each case. The recent run is stronger than the longer windows, while peer comparisons show that some similar funds have produced more forceful numbers. The portfolio is spread across a number of corporate debt holdings, with the largest positions clustered fairly closely together, which may reduce dependence on a single issuer but does not make the scheme low risk. It suits investors who can accept High Risk debt exposure and prefer measured compounding over the most aggressive return profile.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 10 September 2026 at 1:08 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"SBI Credit Risk Fund Direct Growth Plan\",\"identifier\":\"sbi-credit-risk-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"02 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":54.3035,\"valueReference\":\"as of 09 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"2185 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.89\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":8.73},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":8.71},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":7.78},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Lokesh Mallya, Prashanth Sridhar\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of SBI Credit Risk Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b954.3035 as of 09 Sep 2026. It is the latest NAV level used for this review.\"}},{\"@type\":\"Question\",\"name\":\"What are the 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 8.73%, the 3-year return is 8.71% and the 5-year return is 7.78%. The shorter window is slightly stronger than the longer ones.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has been ahead of the benchmark in every period shown. The benchmark return is -7.16% over 1 year, 6.00% over 3 years and 5.87% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with peers on recent returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its recent return is lower than several of the peer figures shown, especially Bank of India Credit Risk Fund Direct Growth Plan and Aditya Birla SL Credit Risk Fund Direct Growth Plan. It remains closer to ICICI Pru Credit Risk Fund Direct Growth Plan and Axis Credit Risk Fund Direct Growth Plan.\"}},{\"@type\":\"Question\",\"name\":\"What is the exit load structure?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The exit load falls over time and becomes nil after 36 months. The stated rule is 3% for remaining investment on or before 12 months, 1.5% after 12 months but before 24 months, 0.75% after 24 months but before 36 months, and nil after 36 months, with 8% of investment remaining nil in each band.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Lokesh Mallya and Prashanth Sridhar. No manager biography is needed to understand the current review.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Credit Risk Fund Direct Growth Plan has a NAV of \u20b954.3035 as of 09 Sep 2026, with 1-year, 3-year and 5-year returns of 8.73%, 8.71% and 7.78%. The fund is in the High Risk category and has stayed ahead of its benchmark across the periods shown.<\/p>\n","protected":false},"author":38,"featured_media":241019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-241020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["241019"],"rank_math_title":["SBI Credit Risk Fund NAV, Returns &amp; Review 2026"],"rank_math_description":["SBI Credit Risk Fund Direct Growth Plan review 2026: NAV \u20b954.3035, 1Y return 8.73%, 3Y 8.71%, 5Y 7.78%."],"rank_math_focus_keyword":["SBI Credit Risk Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/SBI_Credit_Risk_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/241020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=241020"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/241020\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/241019"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=241020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=241020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=241020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}