Two funds walk into a table. Only the numbers talk.
ICICI Prudential 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.
- AICICI Prudential Credit Risk Fund
ICICI Prudential Mutual Fund- Credit Risk Fund
- Direct plan
- Very High Risk
NAV ₹38.96 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 8.3% for ICICI Prudential Credit Risk Fund. ₹1 lakh invested 10 years ago would be about ₹2.29 Lakh today, against ₹2.23 Lakh.
Smoother ride
AICICI Prudential Credit Risk Fund
ICICI Prudential Credit Risk Fund swung the least: about 1.2% a year either way, against 6.2% for DSP Credit Risk Fund. Lower means fewer scary days.
Fell less in a crash
AICICI Prudential Credit Risk Fund
At its worst, ICICI Prudential Credit Risk Fund fell 2.1% 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
AICICI Prudential Credit Risk Fund
Pick any day in the past and hold for a year: ICICI Prudential 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 0.8% for ICICI Prudential Credit Risk Fund. On ₹1 lakh that's ₹430 a year against ₹800, 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.
- AICICI Prudential Credit Risk Fund₹14,646 from ₹10,000(8% 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%.
AICICI Prudential Credit Risk Fund
- Strength: Beat a 5-year SBI FD: 8% 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
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 | AICICI Prudential 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 | 7.1%#7 of 13 · avg 8.1% | 10.6%Best#3 of 13 · avg 8.1% |
| 3 yearsPer year, over a full market mood swing | 8.9%#5 of 13 · avg 9.5% | 13.7%Best#1 of 13 · avg 9.5% |
| 5 yearsPer year, the fairest single test | 8%#5 of 12 · avg 8.3% | 13.4%Best#1 of 12 · avg 8.3% |
| 10 yearsPer year, across bull and bear markets | 8.3%#3 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 | 1.2%Bestcategory avg 2.4% | 6.2%category avg 2.4% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −2.1%Bestcategory avg −10.2% | −6%category avg −10.2% |
| Best 12 monthsIts strongest year | 11.7% | 24.4%Best |
| Worst 12 monthsIts weakest year | 4.5%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 | 0.8% | 0.43%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹6,320 Cr | ₹326 Cr |
| Minimum SIPSmallest monthly amount | ₹100 | ₹100 |
| Lock-inTime before you can withdraw | None | None |
| What it holdsWhere the money sits. Equity is shares, debt is bonds, cash is waiting to be invested. | ||
| In bondsDebt | 87.1% | – |
| In cashNot yet invested | 2.9% | – |
| HoldingsNumber of investments | 97 | – |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Top 10 holdings
Marked Both where another fund here holds it too.
AICICI Prudential Credit Risk Fund
- Government Securities4.3%
- JTPM Metal Traders Ltd. **3.9%
- EMBASSY OFFICE PARKS REIT3.3%
- Vedanta Ltd. **3.2%
- Adani Enterprises Ltd. **3.2%
- Keystone Realtors Ltd. **3.1%
- Truhome Finance Ltd. **3.1%
- Bamboo Hotels & Global Centre (Delhi) Pvt Ltd. **2.9%
- Adani Power Ltd. **2.8%
- Nirma Ltd. **2.4%
As on 31 Jul 2026
BDSP Credit Risk Fund
Holdings are not available for this fund yet.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AICICI Prudential 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