DSP Business Cycle Fund Direct - Growth
Unrated
NAV as of Jun 18, 2025
9.98-0.10%
- Growth - Direct
(Earn upto 1.50% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.67%(0.72% Category
average)Fund Size:
Rs. 1,082.24 Cr(0.49% of Investment in Category)
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DSP Business Cycle Fund Direct - Growth
Unrated
NAV as of Jun 18, 2025
9.98-0.10%
Expense Ratio:
0.67%
Fund Size:
Rs. 1,082.24 Cr
Fund Category:
Equity: Thematic
DSP Business Cycle Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the DSP Business Cycle Fund - Direct Plan as of Jun 18, 2025 is Rs 9.98 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -0.84% (since launch). Whereas, Category returns for the same time duration are: -0.89% (1yr), 22.82% (3yr) and 25.62% (5yr).
3. Fund Size: The DSP Business Cycle Fund - Direct Plan currently holds Assets under Management worth of Rs 1082.24 crore as on May 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.67% for Direct plan as on Jun 12, 2025.
5. Exit Load: DSP Business Cycle Fund - Direct Plan shall attract an Exit Load, " 0.5% for redemption within 1 Month"
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the DSP Business Cycle Fund - Direct Plan as of Jun 18, 2025 is Rs 9.98 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -0.84% (since launch). Whereas, Category returns for the same time duration are: -0.89% (1yr), 22.82% (3yr) and 25.62% (5yr).
3. Fund Size: The DSP Business Cycle Fund - Direct Plan currently holds Assets under Management worth of Rs 1082.24 crore as on May 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.67% for Direct plan as on Jun 12, 2025.
5. Exit Load: DSP Business Cycle Fund - Direct Plan shall attract an Exit Load, " 0.5% for redemption within 1 Month"
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
DSP Business Cycle Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.66 10.67 -0.18 - - - Category Avg 1.19 13.44 -1.56 -1.49 23.65 25.16 Rank within Category 37 63 33 - - - No. of funds within Category 137 132 115 77 37 19 - Loading...
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Return Comparison
- This Fund
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DSP Business Cycle Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation by investing in equity and equity related securities with a focus on riding business cycles through dynamic allocation across various sectors / themes / stocks at different stages of business cycle.
| Fund House | DSP Mutual Fund |
| Launch Date | Dec 17, 2024 |
| Benchmark | |
| Return Since Launch | -0.18% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
DSP Business Cycle Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load 0.5% for redemption within 1 Month | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| MAY 2025 | APR 2025 | MAR 2025 | FEB 2025 | JAN 2025 | DEC 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 48 | 45 | 43 | 43 | 42 | 39 |
| Top 5 Company Holdings | 26.32% | 28.16% | 24.12% | 22.2% | 18.63% | 13.89% |
| Top 10 Company Holdings | 44.58% | 45.61% | 41.77% | 38.74% | 33.35% | 24.71% |
| Company with Highest Exposure | Power Grid Corporation Of India (6.12%) | Power Grid Corporation Of India (6.83%) | Bharti Airtel (5.46%) | Axis Bank (5.32%) | Mahindra & Mahindra (4.91%) | Kotak Mahindra Bank (3.08%) |
| Number of Sectors | 13 | 13 | 13 | 13 | 13 | 12 |
| Top 3 Sector Holdings | 44.8% | 46.02% | 39.12% | 38.39% | 32.26% | 27.41% |
| Top 5 Sector Holdings | 62.37% | 60.27% | 55.43% | 53.97% | 49.06% | 38.88% |
| Sector with Highest Exposure | Financial (21.88%) | Financial (22.09%) | Financial (18.65%) | Financial (18.76%) | Financial (11.59%) | Financial (11.31%) |
Top Stock Holdings
Sector Holdings in MF
Top Stock Holdings data not available for this fund
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y DSP Business Cycle Fund Direct - Growth 9.98 Unrated 1,082.24 1.66 - - - ICICI Prudential Quant Fund Direct - Growth 23.26 Unrated 132.25 0.43 7.83 21.95 - Aditya Birla Sun Life Nifty India Defence Index Fund Direct-Growth 12.67 Unrated 664.40 6.52 - - - ICICI Prudential Transportation and Logistics Fund Direct - Growth 18.66 Unrated 3,128.07 -0.69 -1.32 - - Quantum Ethical Fund Direct - Growth 9.92 Unrated 57.47 0.92 - - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- C.S.Charanjit SinghSince Nov 20241 schemes
Mr. Singh is a B. Tech - Electronics and Communication, MBA - Finance & Systems Prior to joining DSP Mutual Fund, he has worked with Capital Goods, Power & Infra at B&K Securities India, Capital Goods and Infra at Axis Capital Ltd., BNP Paribas India Securities, Thomas Weisel Partners, HSBC, IDC Corp. and Frost & Sullivan.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y DSP India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms Fund) Direct-Growth Sectoral-Infrastructure 335.19 5,319.48 -5.44
More DSP Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| DSP Liquidity Direct-Growth | 17,845.07 | 0.51 | 1.78 | 3.60 | 7.38 | 6.97 | |
| DSP Midcap Direct Plan-Growth | 17,657.92 | 9.71 | 13.11 | 1.12 | 10.84 | 22.76 | |
| DSP ELSS Tax Saver Fund Direct Plan-Growth | 16,637.95 | 3.95 | 10.44 | 4.67 | 15.99 | 24.80 | |
| DSP Large & Mid Cap Fund Direct Plan-Growth | 14,386.91 | 4.44 | 10.56 | 4.08 | 13.87 | 26.13 | |
| DSP Small Cap Direct Plan-Growth | 14,258.03 | 7.82 | 11.66 | -1.89 | 9.58 | 22.10 | |
| DSP Flexi Cap Fund Direct Plan-Growth | 11,411.63 | 4.62 | 10.82 | 2.84 | 13.61 | 22.97 | |
| DSP Aggressive Hybrid Fund Direct-Growth | 10,829.34 | 3.39 | 9.12 | 6.12 | 19.08 | 20.95 | |
| DSP Arbitrage Fund Direct - Growth | 6,152.89 | 0.43 | 1.76 | 3.57 | 7.60 | 7.33 | |
| DSP Large Cap Fund Direct-Growth | 5,610.99 | 3.72 | 9.11 | 5.83 | 17.29 | 23.68 | |
| DSP India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms Fund) Direct-Growth | 4,950.08 | 5.80 | 13.71 | -3.28 | -1.28 | 31.50 |
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About DSP Business Cycle Fund Direct - Growth
1. DSP Business Cycle Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to DSP Mutual Fund House.
2. The fund was launched on Dec 17, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation by investing in equity and equity related securities with a focus on riding business cycles through dynamic allocation across various sectors / themes / stocks at different stages of business cycle. "
2. It is benchmarked against null.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 94.62% in equities, 0.0% in debts and 5.38% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 0.0% of the assets, the top 3 sectors constitute around 44.8% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on DSP Business Cycle Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. DSP Business Cycle Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to DSP Mutual Fund House.
2. The fund was launched on Dec 17, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation by investing in equity and equity related securities with a focus on riding business cycles through dynamic allocation across various sectors / themes / stocks at different stages of business cycle. "
2. It is benchmarked against null.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 94.62% in equities, 0.0% in debts and 5.38% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 0.0% of the assets, the top 3 sectors constitute around 44.8% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on DSP Business Cycle Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about DSP Business Cycle Fund Direct - Growth
- Is it safe to invest in DSP Business Cycle Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the DSP Business Cycle Fund - Direct Plan comes under Very High risk category.
- What is the category of DSP Business Cycle Fund - Direct Plan?DSP Business Cycle Fund - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in DSP Business Cycle Fund - Direct Plan?The suggested investment horizon of investing into DSP Business Cycle Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the DSP Business Cycle Fund - Direct Plan?The DSP Business Cycle Fund - Direct Plan is managed by Charanjit Singh (Since Nov 27, 2024).
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