Fundalysisby DARKHORSESTOCKS

Scheme

DSP Credit Risk Fund

Holds 1 companies worth ₹16 Cr in May 2026.

  • Fund house

    DSPThe fund house that runs this scheme.

  • AUM

    ₹326 CrDSP Credit Risk Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 5.2% on Aug 2026, ₹310 Cr.

  • Largest holding

    Roadstar Infra Investment Trust InvITRoadstar Infra Investment Trust InvIT is 6.2% of this scheme's NAV.

  • Fund manager

    Vivek RamakrishnanRuns it since 17 Jul 2021, as the fund house dates it. With Shalini Vasanta (co-manager), Kunal Khudania (co-manager).

Overview(6 Oct 2026)

Fund managers3

  1. Vivek RamakrishnanFund manager · Jul 2021 · 29y · PhD B.Tech
  2. Shalini VasantaCo-manager · Jan 2025 · 12y · MBA
  3. Kunal KhudaniaCo-manager · Jan 2026 · 8y · CA B.Com
  1. Laukik BagweJul 2016 – Jan 2025

Key facts

Benchmark
CRISIL Credit Risk Debt B-II Index
Risk
Moderately High
Expense
Regular 1.19% · Direct 0.42%
Exit load
3% within 12 months
Started
13 May 2003
Minimum
₹100

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(31 changes)

Oct 2026

2 changes
  1. Exit load
    6 OctNil → 3% within 12 months
  2. Expense ratio
    1 OctRegular 1.2% → 1.19%Direct 0.43% → 0.42%

Sept 2026

1 change
  1. Expense ratio
    8 SeptRegular 1.22% → 1.2%

Aug 2026

2 changes

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Jul 2016 – now)

  1. Vivek Ramakrishnan
  2. Shalini Vasanta
  3. Kunal Khudania
  4. Laukik Bagwe
MainCoSlice20172019202120232025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
28 changesRegularDirectΔ pt
1 Oct 20261.19%0.42%0.01
8 Sept 20261.20%0.43%0
31 Aug 20261.22%0.43%0.01
12 Aug 20261.23%0.44%0.02
28 Jul 20261.25%0.46%0
1 Jul 20261.23%0.46%0.06
16 Jun 20261.17%0.40%0.06
15 Jun 20261.24%0.46%0.03
12 Jun 20261.27%0.49%0.08
10 Jun 20261.18%0.41%0.01
13 May 20261.17%0.40%0.01
29 Apr 20261.18%0.41%0
26 Apr 20261.17%0.41%0.02
23 Apr 20261.19%0.43%0.03
20 Apr 20261.15%0.40%0.01
6 Apr 20261.17%0.41%0
4 Mar 20261.24%0.41%0.01
28 Nov 20251.22%0.40%0
10 Oct 20251.26%0.40%0
8 Aug 20251.20%0.40%0
7 Jul 20251.18%0.40%0
29 Apr 20251.12%0.40%0
27 Mar 20251.13%0.40%0
3 Mar 20251.16%0.40%0
28 Jan 20251.25%0.40%0
27 Dec 20241.18%0.40%0
3 Oct 20241.14%0.40%0
21 Aug 20241.20%0.40%–
Direct plan, 1 Oct 2026
0.42%
Regular plan 1.19% · Exit load 3% within 12 months
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

The primary investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Moderately High
At launch
Very High
Risk class
C-III: relatively high credit risk, relatively high interest-rate risk
Type
An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). A relatively high interest rate risk and relatively high credit risk.
Benchmark
CRISIL Credit Risk Debt B-II Index

Asset allocation it may hold% of NAV

  1. 1. Investment in corporate bonds which are AA and below rated instruments
    Allowed65–100%
  2. 2. Investment in other debt and money market instruments
    Allowed0–35%
  3. 3. Units issued by InviTS
    Allowed0–10%Holds6.2%

Holds in May 2026.93.8% debt and cash · 6.2% REITs and InvITs

How to invest(6 Oct 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly SWP Weekly, Monthly, Quarterly, Half-Yearly and Yearly STP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly *Weekly Monday to Friday
Dates
Any date
Minimum
₹100, then in multiples of ₹1
Instalments
SIP - 12, SWP & STP - 6

Selling and switching

To redeem
₹0.01 or 0.001 units
Switch minimum
₹100 or 0.001 units
Switch multiples
₹0.01 or 0.001 units

Scheme details(6 Oct 2026)

What it is

Category
Credit Risk Fund
Offer
12 May 2003
Started
13 May 2003
Reopened
14 May 2003
Plans
Regular Plan & Direct Plan Growth* Income Distribution cum Capital Withdrawal (IDCW) - Payout of Income Distribution cum Capital Withdrawal (IDCW)* - Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) *Default Option
Face value
₹10
Listed
No

How it is run

Swing pricing
Yes
Side-pocketing
Yes
Custodian
HSBC
Auditor
S.R. Batliboi & Co LLP
Registrar
Computer Age Management Services Limited
SEBI code
DSPM/O/D/CRF/03/04/0010