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.

June 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: 11.2 Years
Fund Manager - Mr. Mohit Sharma
Managing the Fund Since: August 06, 2020
Experience in Managing the Fund: 5.9 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 June 30, 2026 (in ₹Crore)
Month End AUM 1,461.39
Monthly Average AUM 1,426.30
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 June 30, 2026
Regular Growth 25.14
Regular IDCW$ 13.14
Direct Growth 27.78
Direct IDCW$ 27.78
Direct IDCW$ 14.53

$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 5.5 % (FBIL OvernightMIBOR as on 30 June, 2026) for calculating SharpeRatio
Top 10 Sectoral Contribution (in %)
Rating Profile of Portfolio
Instrument Profile
Instrument Name
% Net Assets
Bonds & Debentures
76.67%
Sovereign
11.42%
Others
8.31%
Cash & cash equivalent
3.61%
Volatility Measures
Modified Duration
2.08 years
Average Maturity
2.76 years
Yield to Maturity
7.98%
Macaulay Duration
2.21 years
Standard Deviation
2.99%
Portfolio Holdings as on June 30, 2026
( • Top Ten Holdings - Issuerwise)
Sector/Issuer Name
Rating
% to Net Assets
Debt & Debt Related    
Fixed rates bonds - Corporate   73.39%
● National Bank For Agriculture and Rural Development CRISIL AAA 5.16%
● Jubilant Bevco Ltd CRISIL AA 4.94%
● Jtpm Metal Traders Pvt Ltd CRISIL AA 3.94%
● GMR Airport Ltd CRISIL A+ 3.74%
● Small Industries Development Bank of India CRISIL AAA 3.38%
● Tata Capital Housing Finance Limited ICRA AAA 3.07%
● Hinduja Leyland Finance Limited CRISIL AA+ 2.40%
National Bank For Agriculture and Rural Development ICRA AAA 2.37%
Kogta Financial India Ltd CARE A+ 2.21%
Gaursons India Pvt Ltd ICRA A- 2.18%
Vedanta Limited CRISIL AA 2.08%
Vedanta Limited ICRA AA+ 2.06%
Narayana Hrudayalaya Limited ICRA AA 2.06%
Hero Housing Finance Ltd ICRA AA+ 2.06%
JSW Energy Limited ICRA AA 2.05%
Security and Intelligence Services (India) Limited CRISIL AA- 2.05%
Oxyzo Financial Services Pvt Ltd ICRA A+ 2.04%
Adani Power Limited CRISIL AA 2.00%
IKF Finance Ltd CARE A+ 1.99%
Hinduja Housing Finance Ltd CARE AA+ 1.99%
Sk Finance Ltd ICRA AA- 1.85%
Power Finance Corporation Limited ICRA AAA 1.72%
National Bank For Agriculture and Rural Development ICRA AAA 1.71%
Bajaj Housing Finance Limited CRISIL AAA 1.70%
Nuvama Wealth Finance Ltd CARE AA 1.52%
Avanse Financial Services Ltd CRISIL AA- 1.37%
JSW Energy Limited ICRA AA 1.35%
Adani Airport Holdings Ltd CRISIL AA- 1.22%
Tata Projects Limited IND AA 1.03%
GMR Airport Ltd CRISIL A+ 0.95%
Eris Lifesciences Limited IND AA 0.93%
Eris Lifesciences Limited IND AA 0.93%
Sector/Issuer Name
Rating
% to Net Assets
National Bank for Financing Infrastructure and Dev ICRA AAA 0.87%
Vedanta Limited ICRA AA+ 0.69%
Adani Power Limited CRISIL AA 0.69%
Power Finance Corporation Limited ICRA AAA 0.67%
Cholamandalam Investment and Finance Company Limited ICRA AA+ 0.34%
Power Finance Corporation Limited CRISIL AAA 0.08%
Government Bond   7.38%
● 6.68% GOI 07Jul2040 SOV 4.33%
● 6.48% GOI 06Oct2035 SOV 3.04%
State Government bond   3.77%
7.95% TELANGANA 20JUL2035 SDL SOV 1.77%
7.82% ANDHRA PRADESH 04OCT2035 SDL SOV 1.75%
7.46% TAMIL NADU 18MAR2035 SDL SOV 0.16%
7.49% RAJASTHAN 18MAR2036 SDL SOV 0.10%
Floating rates notes - Corporate   1.48%
IKF Finance Ltd CARE A+ 1.48%
Alternative Investment Funds (AIF)   0.24%
Corporate Debt Market Development Fund   0.24%
Sector/Issuer Name   % to Net Assets
INVITs    
INVITS   5.38%
● Bharat Highways Invit   2.49%
India Grid Trust   2.10%
Raajmarg Infra Investment Trust   0.39%
IRB InvIT Fund   0.39%
Sector/Issuer Name   % of Net AUM
Equity & Equity Related    
REITS   2.50%
Nexus Select Trust   1.35%
Embassy Office Parks REIT   1.15%
Net Cash and Cash Equivalent   5.86%
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.