Aditya Birla Sun Life Credit Risk Fund

An open ended debt scheme predominantly investing in AA and below rated corporate bonds. A relatively high interest rate risk and relatively high credit risk.

July 2026

Debt Scheme
Investment Objective
The investment objective of the Scheme is to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade. The Scheme does not guarantee /indicate any returns. There is no assurance that the objective of the Scheme will be achieved.
Fund Category: Credit Risk Fund
Fund Snapshot
Date of Allotment : Apr 17, 2015
Benchmark: CRISIL Credit Risk Debt B-II Index
Fund Manager - Ms. Sunaina Da Cunha
Managing the Fund Since: April 17, 2015
Experience in Managing the Fund: 11.3 Years
Fund Manager - Mr. Mohit Sharma
Managing the Fund Since: August 06, 2020
Experience in Managing the Fund: 6.0 Years
SIP:
Daily/Weekly/Monthly: Minimum ₹ 100/-and in multiples of ₹ 1/- thereafter
Application Amount for fresh subscription:
₹ 100 (plus in multiplies of ₹ 1)
Minimum Additional Investment:
₹ 100 (plus in multiplies of ₹ 1)
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: NIL
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
AUM as on July 31, 2026 (in ₹Crore)
Month End AUM 1,532.33
Monthly Average AUM 1,500.49
Base Expense Ratio (BER)
Regular 1.36%
Direct 0.67%
BER excludes brokerage incurred towards execution of trades, transaction cost & statutory levies as applicable to investors.
NAV as on July 31, 2026
Regular Growth 25.26
Regular IDCW$ 13.20
Direct Growth 27.93
Direct IDCW$ 27.93
Direct IDCW$ 14.61

$Income Distribution cum capital withdrawal

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.
Risk Free Rate assumed to be 5.41% (FBIL OvernightMIBOR as on 31 July, 2026) for calculating SharpeRatio
Top 10 Sectoral Contribution (in %)
Rating Profile of Portfolio
Instrument Profile
Instrument Name
% Net Assets
Bonds & Debentures
77.45%
Sovereign
11.09%
Others
8.87%
Cash & cash equivalent
2.59%
Volatility Measures
Modified Duration
1.96 years
Average Maturity
2.63 years
Yield to Maturity
8.03%
Macaulay Duration
2.08 years
Standard Deviation
2.99%
Portfolio Holdings as on July 31, 2026
( • Top Ten Holdings - Issuerwise)
Sector/Issuer Name
Rating
% to Net Assets
Debt & Debt Related    
Fixed rates bonds - Corporate   74.32%
● National Bank for Agriculture and Rural Development CRISIL AAA 4.90%
● Jubilant Bevco Ltd. CRISIL AA 4.72%
● JTPM Metal Traders Ltd. CRISIL AA 3.77%
● GMR Airports Ltd. CRISIL A+ 3.57%
● REC Ltd. ICRA AAA 3.27%
● Small Industries Development Bank of India CRISIL AAA 3.21%
● Tata Capital Housing Finance Ltd. ICRA AAA 2.92%
● Hinduja Leyland Finance Ltd. CRISIL AA+ 2.27%
● National Bank for Agriculture and Rural Development ICRA AAA 2.25%
Kogta Financial (India) Ltd. CARE AA- 2.11%
Gaursons India Pvt. Ltd. ICRA A- 2.07%
Vedanta Ltd. CRISIL AA+ 1.99%
Vedanta Ltd. ICRA AA+ 1.97%
Narayana Hrudayalaya Ltd. ICRA AA 1.96%
Hero Housing Finance Ltd. ICRA AA+ 1.96%
SIS Ltd. CRISIL AA- 1.96%
JSW Energy Ltd. ICRA AA 1.95%
Oxyzo Financial Services Pvt. Ltd. ICRA A+ 1.94%
IKF Finance Ltd. CARE AA- 1.90%
Adani Power Ltd. CRISIL AA 1.90%
Hinduja Housing Finance Ltd. CARE AA+ 1.90%
Ess Kay Fincorp Ltd. ICRA AA- 1.76%
Power Finance Corporation Ltd. ICRA AAA 1.64%
National Bank for Agriculture and Rural Development ICRA AAA 1.62%
Bajaj Housing Finance Ltd. CRISIL AAA 1.62%
Nuvama Wealth Finance Ltd. CARE AA 1.45%
Avanse Financial Services Ltd. CRISIL AA- 1.31%
JSW Energy Ltd. ICRA AA 1.28%
REC Ltd. ICRA AAA 1.22%
Adani Airport Holdings Ltd. CRISIL AA- 1.12%
Tata Projects Ltd. IND AA 0.98%
GMR Airports Ltd. CRISIL A+ 0.90%
Eris Lifesciences Ltd. IND AA 0.88%
Eris Lifesciences Ltd. IND AA 0.88%
Sector/Issuer Name
Rating
% to Net Assets
National Bank for Financing Infrastructure and Development ICRA AAA 0.83%
Vedanta Ltd. CRISIL AA+ 0.66%
Adani Power Ltd. CRISIL AA 0.65%
Power Finance Corporation Ltd. ICRA AAA 0.64%
Cholamandalam Investment & Finance Co. Ltd. ICRA AA+ 0.32%
Power Finance Corporation Ltd. CRISIL AAA 0.07%
Government Bond   7.24%
● Government of India 6.94% 11.05.2036 GOV SOV 6.91%
Government of India 6.68% 07.07.2040 GOV SOV 0.32%
Government of India 6.48% 06.10.2035 GOV SOV 0.02%
State Government bond   3.60%
State Government of Telangana 7.95% 20.07.2035 SDL SOV 1.68%
State Government Of Andhra Pradesh 7.82% 04.10.2035 SDL SOV 1.68%
State Government of Tamil Nadu 7.46% 18.03.1935 SDL SOV 0.15%
State Government of Rajasthan 6.99% 18.03.2036 SDL SOV 0.09%
Floating rates notes - Corporate   1.41%
IKF Finance Ltd. CARE AA- 1.41%
Alternative Investment Funds (AIF)   0.28%
Corporate Debt Market Development Fund   0.28%
Sector/Issuer Name   % to Net Assets
INVITs    
INVITS   5.98%
Indus Infra Trust   2.15%
IndiGrid Infrastructure Trust   1.58%
Cube Highways Trust   1.49%
IRB Invit Fund   0.38%
Raajmarg Infra Investment Trust   0.38%
Sector/Issuer Name % of Derivatives % of Net AUM
Equity & Equity Related    
REITS   2.41%
Nexus Select Trust   1.32%
Embassy Office Parks Reit   1.09%
Net Cash and Cash Equivalent   4.76%
Grand Total   100.00 %
Miscellaneous includes securities with exposure of less than 0.01%
Product Label
Scheme Name
Aditya Birla Sun Life Credit Risk Fund
An open ended debt scheme predominantly investing in AA and below rated corporate bonds. A relatively high interest rate risk and relatively high credit risk.
This product is suitable for investors who are seeking*:
  • Income with capital growth over short to medium term
  • Investment in portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade
Risk-o-meter
Benchmark Risk-o-meter
CRISIL Credit Risk Debt B-II Index
*Investors should consult their financial advisors if in doubt whether the product is suitable for them.