Two funds walk into a table. Only the numbers talk.
HDFC Credit Risk Fund vs DSP Credit Risk Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- AHDFC Credit Risk Fund
HDFC Mutual Fund- Credit Risk Fund
- Direct plan
- High Risk
NAV ₹28.55 on 13 Nov 2026
- BDSP Credit Risk Fund
DSP Mutual Fund- Credit Risk Fund
- Direct plan
- Moderate Risk
NAV ₹61.21 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 10 years all of them have been around.
Grew faster
BDSP Credit Risk Fund
DSP Credit Risk Fund returned 8.6% a year over 10 years, against 7.8% for HDFC Credit Risk Fund. ₹1 lakh invested 10 years ago would be about ₹2.29 Lakh today, against ₹2.11 Lakh.
Smoother ride
AHDFC Credit Risk Fund
HDFC Credit Risk Fund swung the least: about 1% a year either way, against 6.2% for DSP Credit Risk Fund. Lower means fewer scary days.
Fell less in a crash
AHDFC Credit Risk Fund
At its worst, HDFC Credit Risk Fund fell 2.6% from its peak, against 6% for DSP Credit Risk Fund. On ₹1 lakh, that's a dip to ₹94,021 at the bottom for DSP Credit Risk Fund. Could you have held on?
More consistent
AHDFC Credit Risk Fund
Pick any day in the past and hold for a year: HDFC Credit Risk Fund ended up in profit 100% of the time, against 91% for DSP Credit Risk Fund.
Costs less
BDSP Credit Risk Fund
DSP Credit Risk Fund charges 0.43% a year, against 1.01% for HDFC Credit Risk Fund. On ₹1 lakh that's ₹430 a year against ₹1,010, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- AHDFC Credit Risk Fund₹14,101 from ₹10,000(7.1% a year)
- BDSP Credit Risk Fund₹18,755 from ₹10,000(13.4% a year)
A one-time ₹10,000 put in 5 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
AHDFC Credit Risk Fund
- Strength: Beat a 5-year SBI FD: 7.1% a year over 5 years, against 6.05%
- Strength: Swings less than most funds in its category
- Strength: Fell less than its category in the worst crash
- Watch out: Behind its category: 7.1% a year over 5 years, against a category average of 8.3%
BDSP Credit Risk Fund
- Strength: Ahead of its category: 13.4% a year over 5 years, against a category average of 8.3%
- Strength: In the top quarter of its category over 5 years (#1 of 12)
- Strength: Beat a 5-year SBI FD: 13.4% a year over 5 years, against 6.05%
- Strength: Fell less than its category in the worst crash
- Strength: Low cost: 0.43% a year
- Watch out: Swings more than most funds in its category
- Watch out: Small fund (₹326 Cr), often newer or less tested
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | AHDFC Credit Risk Fund | BDSP Credit Risk Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 6.6%#9 of 13 · avg 8.1% | 10.6%Best#3 of 13 · avg 8.1% |
| 3 yearsPer year, over a full market mood swing | 8.1%#11 of 13 · avg 9.5% | 13.7%Best#1 of 13 · avg 9.5% |
| 5 yearsPer year, the fairest single test | 7.1%#9 of 12 · avg 8.3% | 13.4%Best#1 of 12 · avg 8.3% |
| 10 yearsPer year, across bull and bear markets | 7.8%#4 of 11 · avg 6.7% | 8.6%Best#2 of 11 · avg 6.7% |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 1%Bestcategory avg 2.4% | 6.2%category avg 2.4% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −2.6%Bestcategory avg −10.2% | −6%category avg −10.2% |
| Best 12 monthsIts strongest year | 13.5% | 24.4%Best |
| Worst 12 monthsIts weakest year | 3.6%Best | -3.9% |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 100%Best | 91% |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 1.01% | 0.43%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹7,631 Cr | ₹326 Cr |
| Minimum SIPSmallest monthly amount | ₹100 | ₹100 |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AHDFC Credit Risk Fund
Might suit you if…
- a smoother ride matters more to you than the top return
- you may need the money at short notice and want better odds of being in profit
BDSP Credit Risk Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- you care about keeping costs low, which adds up over decades