Credit RiskModerateVR Rating
₹162 Cr.
None
| Name | 1Y Return | VR Rating | 1Y Rank | 3Y Rank | 5Y Rank | NAV(₹) |
|---|
Invesco India Credit Risk Fund-Reg(G) is an open-ended Credit Risk fund designed for investors who are willing to take higher Credit Risks in return for the possibility of higher yield (and higher return potential). Credit risk funds need to invest 65% of the total assets in below highest rated instruments, which can enhance accrual income, but it also increases the chance of volatility if credit spreads widen or if any issuer faces stress.
As of 1 Feb 2026, Invesco India Credit Risk Fund-Reg(G) manages 162 in assets, has a Yield to Maturity (YTM) of 7, and a Modified Duration of 621.
In simple terms: YTM indicates the portfolio’s current income potential, while modified duration shows how sensitive the fund is to interest-rate changes (lower is typically more stable for short-term parking). In credit risk funds, investors should also pay close attention to the credit quality mix, because credit events can impact NAV more than small duration changes.
The investment objective of Invesco India Credit Risk Fund-Reg(G) is to generate reasonable returns by investing in a portfolio of corporate bonds and other debt instruments, with a strategy that can take higher credit exposure, in line with Credit Risk fund norms. Investors can typically invest and redeem on business days (subject to scheme cut-off timings and applicable exit load)
The current NAV of the scheme is ₹2000.90 as on 18 Mar 2026, and the risk level is Moderate.
Invesco India Credit Risk Fund-Reg(G) was launched on 4 Sep 2014 and is benchmarked against NIFTY Credit Risk Bond Index. The scheme is managed by Vikas Garg who has been managing the fund since 26 Sep 2020 and the fund is also managed by Krishna Cheemalapati. The exit load of the fund is 1% on or before 1Y, NIL after 1Y.
Invesco India Credit Risk Fund-Reg(G) invests across short-term instruments to balance liquidity and yield. As of 28 Feb 2026, the portfolio is allocated to Corporate Debt (59%), Government Securities (22%).
A quick way to read this: higher corporate bond exposure typically aims to enhance yield, but the key is to check credit quality, issuer concentration, and how diversified the portfolio is.
Credit quality matters the even in Credit Risk. The fund’s portfolio is allocated 51% to AA, 22% to SOV, 8% to AA+.
In plain language: higher exposure to lower-rated instruments can improve yield, but it also increases credit-event risk. For credit risk funds, even small changes in credit profile can matter more than small differences in returns.
The top 5 holdings of the fund are 7.18% Government of India 2033 (12.8%), 8.65% Aadhar Housing Finance Limited 2027 (8.1%), 8.29% ONGC Petro Additions Limited 2027 (7.5%), 8.1% Aditya Birla Real Estate Limited 2026 (7.4%), 9.10% Manappuram Finance Limited 2026 (7.4%)
In Credit Risk funds, large holdings are commonly high-rated Credit Risks/NCDs, along with select short-term instruments or sovereign exposure, chosen mainly for credit comfort, liquidity management, and portfolio stability.
| Sector | Allocation (%) |
|---|---|
| "Finance | 25% |
| G-Sec | 22% |
| Miscellaneous | 16% |
| Construction | 15% |
| Chemicals | 8% |
In credit risk funds, it is especially important to track whether holdings are concentrated in a few issuers and whether the portfolio is diversified across sectors.
Invesco India Credit Risk Fund-Reg(G)’s recent annualized returns are 6.5% (1 Year), 9.2% (3 Years) and 6.9% (5 years). Over 1 year, it has delivered 6.5% annualized returns. These returns are as of 20 Mar 2026
Against the full Credit Risk fund peer set, the scheme is ranked 13/15 over 1 year, 4/14 over 3 years, 9/14 over 5 years period.
One simple way to interpret rankings: Credit Risk funds can show meaningful differences across peers because maturity profile and interest-rate positioning can vary from fund to fund, so peer ranking is generally more useful.
If you had invested ₹1,00,000 in Invesco India Credit Risk Fund-Reg(G) then you would have got:
| Duration | Annualized Returns (%) | Current Total Value | Current Total Profit |
|---|---|---|---|
| 1 Year | 6.5% | ₹106500.00 | ₹6500.00 |
| 3 Year | 9.2% | ₹109200.00 | ₹9200.00 |
| 5 Year | 6.9% | ₹106900.00 | ₹6900.00 |
Note: These are historical returns and they may not repeat in the future.
Also note for very short holding periods, exit load can impact realized returns. Always check exit load before investing in any fund. Data updated as of 20 Mar 2026
The Potential Risk Class (PRC) matrix of Invesco India Credit Risk Fund-Reg(G) is B-III which means that the fund has Relatively high interest rate risk and moderate credit risk.
It may suit investors who want to:
It offers a few practical benefits: professional credit selection, access to a higher-yielding bond universe, easy entry/exit (subject to cut-offs and exit load, if any), and potential to earn higher accrual returns versus high-quality debt categories. However, investors should remember that higher yield comes with higher credit risk.
Credit risk funds are not risk-free and can be among the more volatile categories within debt. Key things to watch are credit quality mix (below AA+ exposure), issuer concentration, liquidity of holdings, changes in YTM and duration, and whether the scheme matches your risk tolerance and time horizon. Unlike high-quality categories, credit risk funds can face sharper NAV impacts if any issuer is downgraded or defaults, so they are generally better suited for investors with a longer horizon and higher risk tolerance.
For Credit Risk funds, taxation depends heavily on when you bought your units. Units acquired on or after 1 April 2023 are generally taxed as short-term capital gains at your slab rate and there are no long-term capital gain and loss benefits.
For units acquired before 1 April 2023, taxation follows the older capital-gains framework based on holding period and the date of sale.
Note that regulatory/tax updates over time can change how long-term treatment works.
Invesco India Credit Risk Fund-Reg(G) is positioned as a higher-yield debt option that aims to deliver reasonable returns through a portfolio that can take higher credit exposure.
A simple way to track whether it is doing its job is to follow three live indicators: credit quality, peer ranking consistency, and monthly movement in YTM and modified duration. Among these, credit quality should always come first because protecting capital matters more than chasing marginally higher returns; focus on the rating mix (AAA/AA+/sovereign exposure), issuer concentration, and any meaningful shifts in the credit profile, and use returns/ranks mainly as a supporting check
To invest a lumpsum amount in Invesco India Credit Risk Fund-Reg(G) with Ventura: Access the Mutual funds section by logging in to Ventura through your browser/mobile app Select Invesco India Credit Risk Fund-Reg(G) from the list, the amount to be invested & make the payment.
To start a SIP (Systematic Investment Plan) in Invesco India Credit Risk Fund-Reg(G) with Ventura: Access the Mutual funds section by logging in to Ventura through your browser/mobile app Select Invesco India Credit Risk Fund-Reg(G) from the list, the amount to be invested & date of deduction. Pay the first instalment towards your SIP. Set the autopay mandate to enable regular investment of future SIP instalments, directly from your bank account. And you're done. Note: Remember to keep your bank account funded with the amount for regular SIPs for your mutual fund investment in Invesco India Credit Risk Fund-Reg(G).
It will take up to one trading day for the invested Invesco India Credit Risk Fund-Reg(G) units to reflect in your portfolio. For example, If you have made the investment in Invesco India Credit Risk Fund-Reg(G) on Monday before the cut-off time, the units will be allotted to you by Tuesday or the next working day if it is followed by a holiday. The NAV (Net Asset Value) for the units allotted will be as of the day you place your trades.
Yes, mutual funds can be bought or redeemed after market hours through the Ventura web platform or mobile application. However, the execution of these orders depends on the mutual fund's cutoff time for processing transactions.
