holdings

HDFC Credit Risk Debt Fund Direct-Growth

Debt: Credit Risk - Growth (Open ended)

HDFC Credit Risk Debt Fund Direct-GrowthNAV: 28.07 as on 06 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: HighCategory: Debt: Credit RiskBenchmark: NIFTY Credit Risk Bond Index B-II

NAV: ₹28.07-0.02%

07 Jul 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for HDFC Credit Risk Debt Fund Direct-Growth.

Asset Allocation

As on 31 May 2026

Debt

91.42%

Real estate

4.75%

Others

3.83%

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt	91.42%	86.45%	92.33%	92.39%	92.32%	90.92%
Others (incl. cash)	3.83%	8.74%	2.44%	3.74%	3.41%	4.93%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	4.75%	4.81%	5.23%	3.87%	4.27%	4.15%

Portfolio Snapshot

No. of Securities

Top Holding %

4.83%

Top 5 Holdings %

17.73%

Top 10 Holdings %

30.85%

Modified Duration

2.23 yrs

Avg. Maturity

3.48 yrs

Yield to Maturity

8.80%

AUM

₹7,523 Cr

Expense Ratio

1.01%

Since Inception

8.76%

Max Drawdown

-0.03%

Sharpe Ratio

1.78

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
GMR Airports Ltd.	Construction	35,000	363.6	4.83%	-0.01%↓
Tata Projects Ltd.	Construction	25,000	249.65	3.32%	-0.01%↓
Tata Power Company Ltd.	Energy	2,190	224.48	2.98%	-0.02%↓
Jubilant Beverages Ltd.	Consumer Staples	19,190	208.34	2.77%	0.01%↑
Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class A	Services	20,000	200.14	2.66%	-0.01%↓
SK Finance Ltd.	Financial	20,000	199.54	2.65%	0.00%
Kalpataru Projects International Ltd.	Capital Goods	20,000	198.93	2.64%	-0.02%↓
Union Bank of India	Financial	4,000	195.9	2.60%	0.01%↑
Jubilant Bevco Ltd.	Consumer Staples	17,750	193.27	2.57%	0.00%
Nirma Ltd.	Consumer Staples	17,500	174.92	2.33%	0.00%
JSW Energy Ltd.	Capital Goods	17,500	173.52	2.31%	-0.01%↓
Evonith Value Steel Ltd.	Metals & Mining	17,500	173.6	2.31%	0.00%
Siddhivinayak Securitisation Trust	Others	175	172.94	2.30%	0.00%
Aditya Birla Renewables Ltd.	Energy	16,000	159.57	2.12%	-0.01%↓
JTPM Metal Traders Ltd.	Metals & Mining	15,000	157.6	2.09%	0.00%
Kalpataru Projects International Ltd.	Capital Goods	15,000	150.08	2.00%	0.00%
Kalpataru Projects International Ltd.	Capital Goods	15,000	149.2	1.98%	-0.01%↓
National Bank For Agriculture & Rural Development	Financial	15,000	148.96	1.98%	-
Kogta Financial India Ltd.	Financial	15,000	148.4	1.97%	0.00%
Kosamattam Finance Ltd	Financial	15,000	146.81	1.95%	0.00%

1 / 5

Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 Mar 2023	28 Feb 2023	31 Jan 2023	31 Dec 2022	30 Nov 2022	31 Oct 2022
Energy	2.36%	-	-	-	-	-
Others	0.81%	0.90%	0.98%	1.08%	1.16%	1.27%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
AA	29.07%	25.95%
AAA	15.22%	5.46%
AA-	12.99%	4.03%
A+	10.92%	3.75%
SOV	9.89%	7.96%
AA+	7.49%	4.27%
Cash & Call Money	3.83%	22.17%
A1+	3.56%	1.45%
A	1.95%	0.66%
Others	0.33%	0.25%
A-	-	0.33%
B+	-	4.35%
B-	-	3.93%

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
GMR Airports Ltd.	Bonds	0.00%	13/02/2027	CRISIL - A+	4.83%
Tata Projects Ltd.	Non Convertible Debenture	8.50%	18/12/2026	IND - AA	3.32%
Tata Power Company Ltd.	Debenture	9.90%	27/08/2028	CARE - AA+	2.98%
Jubilant Beverages Ltd.	Debenture	0.00%	31/05/2028	CRISIL - AA	2.77%
Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class A	Debenture	10.81%	31/01/2028	ICRA - A+(CE)	2.66%
SK Finance Ltd.	Non Convertible Debenture	9.25%	15/07/2027	ICRA - AA-	2.65%
Kalpataru Projects International Ltd.	Non Convertible Debenture	8.35%	11/06/2027	IND - AA	2.64%
Union Bank of India	Certificate of Deposit	0.00%	11/09/2026	IND - A1+	2.60%
Jubilant Bevco Ltd.	Debenture	0.00%	31/05/2028	CRISIL - AA	2.57%
Nirma Ltd.	Debenture	8.50%	07/04/2027	CRISIL - AA	2.33%
JSW Energy Ltd.	Non Convertible Debenture	8.75%	03/03/2028	ICRA - AA	2.31%
Evonith Value Steel Ltd.	Debenture	9.50%	12/10/2029	CRISIL - AA-	2.31%
Siddhivinayak Securitisation Trust	Securitised Debt	0.00%	0	CRISIL - AAA(SO)	2.30%
Aditya Birla Renewables Ltd.	Bonds/NCDs	8.60%	24/09/2027	CRISIL - AA	2.12%
JTPM Metal Traders Ltd.	Debenture	0.00%	30/04/2030	CRISIL - AA	2.09%
Kalpataru Projects International Ltd.	Non Convertible Debenture	8.07%	29/06/2026	CRISIL - AA	2.00%
Kalpataru Projects International Ltd.	Non Convertible Debenture	8.32%	05/02/2027	CRISIL - AA	1.98%
National Bank For Agriculture & Rural Development	Bonds	7.48%	15/09/2028	CRISIL - AAA	1.98%
Kogta Financial India Ltd.	Non Convertible Debenture	9.65%	10/03/2028	CARE - A+	1.97%
Kosamattam Finance Ltd	Non Convertible Debenture	0.00%	16/03/2029	IND - A	1.95%
TVS Credit Services Ltd.	Non Convertible Debenture	8.85%	11/06/2027	CRISIL - AA+	1.40%
Infopark Properties Ltd.	Debenture	0.00%	19/06/2039	CARE - AA-	1.33%
360 ONE Wealth Ltd.	Debenture	0.00%	25/07/2028	ICRA - AA	1.33%
Mahindra Rural Housing Finance Ltd.	Non Convertible Debenture	8.45%	25/03/2027	CRISIL - AAA	1.33%
Globe Fincap Ltd.	Non Convertible Debenture	9.19%	15/11/2028	ICRA - AA-	1.32%
Globe Capital Market Ltd.	Non Convertible Debenture	9.19%	15/11/2028	ICRA - AA-	1.32%
GOI	GOI Securities	6.48%	06/10/2035	SOV	1.03%
GOI	GOI Securities	7.34%	22/04/2064	SOV	1.02%
JM Financial Home Loans Ltd.	Non Convertible Debenture	0.00%	16/06/2028	CRISIL - AA	0.99%
JM Financial Home Loans Ltd.	Non Convertible Debenture	0.00%	16/02/2028	CRISIL - AA	0.99%
National Bank For Agriculture & Rural Development	Bonds	7.53%	24/03/2028	ICRA - AAA	0.99%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.97%
GOI	GOI Securities	7.09%	05/08/2054	SOV	0.93%
Ramco Industries Ltd.	Non Convertible Debenture	7.60%	07/02/2028	ICRA - AA-	0.93%
GOI	GOI Securities	6.67%	15/12/2035	SOV	0.88%
GOI	GOI Securities	7.23%	15/04/2039	SOV	0.80%
Vastu Finserve India Private Ltd.	Non Convertible Debenture	8.75%	23/03/2028	CARE - AA-	0.78%
MAS Financial Services Ltd.	Debenture	9.75%	15/06/2027	CARE - AA-	0.73%
Vajra Trust	Securitised Debt	0.00%	0	ICRA - AA+(SO)	0.72%
GOI	GOI Securities	7.24%	18/08/2055	SOV	0.71%
GOI	GOI Securities	6.68%	07/07/2040	SOV	0.69%
Cholamandalam Investment and Finance Company Ltd.	Non Convertible Debenture	9.10%	27/06/2031	ICRA - AA+	0.67%
GOI	GOI Securities	7.18%	24/07/2037	SOV	0.67%
ONGC Petro Additions Ltd.	Non Convertible Debenture	8.39%	28/06/2027	CRISIL - AA+	0.67%
Aadhar Housing Finance Ltd	Non Convertible Debenture	8.50%	02/12/2027	ICRA - AA	0.66%
Tata Capital Housing Finance Ltd.	Debenture	6.50%	15/06/2026	CRISIL - AAA	0.66%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.60%	13/04/2029	CRISIL - AAA	0.66%
IKF Finance Ltd.	Non Convertible Debenture	9.90%	20/01/2027	CARE - A+	0.66%
Small Industries Devp. Bank of India Ltd.	Bonds	7.34%	26/02/2029	CRISIL - AAA	0.66%
IndiGrid Infrastructure Trust	Non Convertible Debenture	7.32%	27/06/2031	ICRA - AAA	0.65%
Vastu Finserve India Private Ltd.	Non Convertible Debenture	8.75%	23/09/2028	CARE - AA-	0.65%
National Bank For Agriculture & Rural Development	Bonds	7.37%	28/05/2035	CRISIL - AAA	0.65%
Vastu Finserve India Private Ltd.	Non Convertible Debenture	8.75%	23/03/2029	CARE - AA-	0.64%
LIC Housing Finance Ltd.	Debenture	7.05%	21/12/2030	CRISIL - AAA	0.64%
GOI	GOI Securities	7.30%	19/06/2053	SOV	0.64%
Punjab National Bank	Certificate of Deposit	0.00%	28/01/2027	CRISIL - A1+	0.63%
Mahindra Rural Housing Finance Ltd.	Non Convertible Debenture	7.90%	09/01/2032	CRISIL - AAA	0.55%
Muthoot Capital Services Ltd.	Non Convertible Debenture	10.40%	02/12/2026	CRISIL - A+	0.54%
LIC Housing Finance Ltd.	Bonds/NCDs	7.70%	19/03/2031	CRISIL - AAA	0.50%
GOI	GOI Securities	7.25%	12/06/2063	SOV	0.50%
TMF Holdings Ltd.	Non Convertible Debenture	7.30%	0	CRISIL - AA+	0.39%
GOI	GOI Securities	6.92%	18/11/2039	SOV	0.33%
Canara Bank	Certificate of Deposit	0.00%	15/09/2026	CRISIL - A1+	0.33%
Bajaj Housing Finance Ltd.	Non Convertible Debenture	7.14%	26/02/2027	CRISIL - AAA	0.33%
Motilal Oswal Home Finance Ltd.	Debenture	8.55%	24/03/2028	ICRA - AA+	0.33%
Godrej Industries Ltd.	Non Convertible Debenture	8.40%	27/08/2027	CRISIL - AA+	0.33%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.46%	18/06/2029	CRISIL - AAA	0.33%
Reserve Bank of India	Treasury Bills	0.00%	91-D 20/08/2026	SOV	0.33%
Tata Capital Housing Finance Ltd.	Debenture	8.10%	19/02/2027	CRISIL - AAA	0.33%
Shivshakti Securitisation Trust	Securitised Debt	0.00%	0	CRISIL - AAA(SO)	0.33%
Gera Developments Pvt. Ltd.	Non Convertible Debenture	9.60%	11/06/2026	CARE - AA-	0.33%
National Bank For Agriculture & Rural Development	Bonds	7.10%	29/03/2029	CRISIL - AAA	0.33%
JSW Energy Ltd.	Non Convertible Debenture	8.05%	10/11/2028	ICRA - AA	0.32%
Indigo Paints Ltd.	Securitised Debt	0.00%	0	CRISIL - AA(SO)	0.29%
Power Finance Corporation Ltd.	Debenture	7.82%	13/03/2030	CRISIL - AAA	0.27%
Power Finance Corporation Ltd.	Debenture	7.82%	13/03/2031	CRISIL - AAA	0.27%
Power Finance Corporation Ltd.	Debenture	7.82%	12/03/2032	CRISIL - AAA	0.27%
IndiGrid Infrastructure Trust	Non Convertible Debenture	6.72%	14/09/2026	CRISIL - AAA	0.27%
Power Finance Corporation Ltd.	Debenture	7.82%	11/03/2033	CRISIL - AAA	0.27%
IKF Finance Ltd.	Non Convertible Debenture	0.00%	17/10/2027	CARE - A+	0.26%
Power Finance Corporation Ltd.	Bonds	7.40%	15/01/2030	CRISIL - AAA	0.26%
GOI	GOI Securities	6.90%	15/04/2065	SOV	0.24%
Indigo 043	Securitised Debt	0.00%	0	CRISIL - AA(SO)	0.24%
REC Ltd.	Non Convertible Debenture	8.97%	28/03/2029	CRISIL - AAA	0.14%
REC Ltd.	Non Convertible Debenture	7.96%	15/06/2030	CRISIL - AAA	0.13%
GOI	GOI Securities	6.64%	16/06/2035	SOV	0.13%
Vajra Trust	Securitised Debt	9.95%	20/06/2029	CRISIL - AA(SO)	0.12%
Vajra Trust	Securitised Debt	0.00%	20/08/2029	ICRA - AAA(SO)	0.08%
Bajaj Housing Finance Ltd.	Debenture	7.10%	16/10/2028	CRISIL - AAA	0.04%
Andhra Pradesh State	State Development Loan	7.64%	0	SOV	0.02%

Frequently Asked Questions

What are the top holdings of HDFC Credit Risk Debt Fund Direct-Growth?

The top holdings of HDFC Credit Risk Debt Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does HDFC Credit Risk Debt Fund Direct-Growth hold in its portfolio?

HDFC Credit Risk Debt Fund Direct-Growth holds 97 securities in its portfolio. The top 5 holdings account for 17.73% of the portfolio and the top 10 for 30.85% — a well-diversified portfolio that minimises stock-specific risk.

What is the sector allocation of HDFC Credit Risk Debt Fund Direct-Growth?

The sector allocation of HDFC Credit Risk Debt Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of HDFC Credit Risk Debt Fund Direct-Growth?

As of 31 May 2026, HDFC Credit Risk Debt Fund Direct-Growth has 0.00% in equity, 91.42% in debt and 3.83% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 8.80%.

What is the market cap allocation of HDFC Credit Risk Debt Fund Direct-Growth?

The market cap distribution of HDFC Credit Risk Debt Fund Direct-Growth — Large, Mid and Small Cap — is shown as a chart in the Holdings Analysis section.

Is HDFC Credit Risk Debt Fund Direct-Growth a concentrated or diversified fund?

HDFC Credit Risk Debt Fund Direct-Growth holds 97 securities, with the top 10 accounting for 30.85% of the portfolio and the top 5 for 17.73%. With 97 holdings, this is a well-diversified fund — stock-specific risk is limited.

What is the credit quality of HDFC Credit Risk Debt Fund Direct-Growth?

The debt holdings of HDFC Credit Risk Debt Fund Direct-Growth are rated as follows — AA: 29.07%, AAA: 15.22%, AA-: 12.99%, A+: 10.92%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does HDFC Credit Risk Debt Fund Direct-Growth change its portfolio?

The portfolio currently holds 97 securities with the top 10 accounting for 30.85% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of HDFC Credit Risk Debt Fund Direct-Growth's portfolio?

The portfolio-level PE, PB and debt metrics of HDFC Credit Risk Debt Fund Direct-Growth are in the Holdings Analysis section. These help assess whether the portfolio is invested in relatively cheap or expensive securities.

When is the latest portfolio disclosure for HDFC Credit Risk Debt Fund Direct-Growth?

The latest portfolio disclosure for HDFC Credit Risk Debt Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.