Two funds walk into a table. Only the numbers talk.
HSBC 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.
- AHSBC Credit Risk Fund
HSBC Mutual Fund- Credit Risk Fund
- Direct plan
- Moderately High Risk
NAV ₹38.03 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 3 years all of them have been around.
Grew faster
BDSP Credit Risk Fund
DSP Credit Risk Fund returned 13.7% a year over 3 years, against 11.6% for HSBC Credit Risk Fund. ₹1 lakh invested 3 years ago would be about ₹1.47 Lakh today, against ₹1.39 Lakh.
Fell less in a crash
No fair winner yet
At its worst, HSBC Credit Risk Fund fell 0.4% 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?
Not a fair fight: we only have data for HSBC Credit Risk Fund (from Nov 2022), so it has not been through the 2020 crash the others fell in.
More consistent
No fair winner yet
Pick any day in the past and hold for a year: HSBC Credit Risk Fund ended up in profit 100% of the time, against 91% for DSP Credit Risk Fund.
Not a fair fight: we only have data for HSBC Credit Risk Fund (from Nov 2022), so it has not been through the 2020 crash the others fell in.
Costs less
BDSP Credit Risk Fund
DSP Credit Risk Fund charges 0.43% a year, against 0.84% for HSBC Credit Risk Fund. On ₹1 lakh that's ₹430 a year against ₹840, 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.
- AHSBC Credit Risk Fund₹13,898 from ₹10,000(11.6% a year)
- BDSP Credit Risk Fund₹14,697 from ₹10,000(13.7% a year)
A one-time ₹10,000 put in 3 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%.
AHSBC Credit Risk Fund
- Strength: Ahead of its category: 11.6% a year over 3 years, against a category average of 9.5%
- Strength: In the top quarter of its category over 3 years (#3 of 13)
- Strength: Beat a 5-year SBI FD: 11.6% a year over 3 years, against 6.05%
- Watch out: Swings more than most funds in its category
- Watch out: Small fund (₹441 Cr), often newer or less tested
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 | AHSBC 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%#11 of 13 · avg 8.1% | 10.6%Best#3 of 13 · avg 8.1% |
| 3 yearsPer year, over a full market mood swing | 11.6%#3 of 13 · avg 9.5% | 13.7%Best#1 of 13 · avg 9.5% |
| 5 yearsPer year, the fairest single test | – | 13.4%#1 of 12 · avg 8.3% |
| 10 yearsPer year, across bull and bear markets | – | 8.6%#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 | 6.6%category avg 2.4% | 6.2%Bestcategory avg 2.4% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −0.4%data from 28 Nov 2022 only | −6%category avg −10.2% |
| Best 12 monthsIts strongest year | 23%data from 28 Nov 2022 only | 24.4% |
| Worst 12 monthsIts weakest year | 5.1%data from 28 Nov 2022 only | -3.9% |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 100%data from 28 Nov 2022 only | 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 | 0.84% | 0.43%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹441 Cr | ₹326 Cr |
| Minimum SIPSmallest monthly amount | ₹1,000 | ₹100Best |
| 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.
AHSBC Credit Risk Fund
Might suit you if…
- you prefer its fund house or approach. On these numbers it is not the stand-out on any one measure
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