DSP Business Cycle Fund Direct Growth

DSP Business Cycle Fund Direct Growth

1M
6M
1Y
All
NAV: 10 Sep '26
₹10.36
Min. for SIP
₹100
Fund size (AUM)
₹1,334.42 Cr
Expense ratio
1.18%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,588
-2.75%
6 months₹30,000₹29,911
-0.30%
1 year₹60,000₹59,822
-0.30%

Holdings (51)

NameSectorInstrumentsAssets
Reverse RepoUnspecifiedReverse Repo13.91%
ICICI Bank LtdFinancialEquity9.42%
HDFC Bank LtdFinancialEquity9.03%
National Stock Exchange Of India Ltd Index IDFinancialIndex Derivatives7.95%
Axis Bank LtdFinancialEquity5.72%
Bharti Airtel LtdTechnologyEquity4.49%
Larsen & Toubro LtdIndustrialsEquity4.29%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity3.66%
Reliance Industries LtdEnergy & UtilitiesEquity3.62%
NTPC LtdEnergy & UtilitiesEquity3.07%
Ultratech Cement LtdMaterialsEquity2.96%
Maruti Suzuki India LtdConsumer DiscretionaryEquity2.77%
Asian Paints LtdMaterialsEquity2.75%
DLF LtdReal EstateEquity2.69%
Hero Motocorp LtdConsumer DiscretionaryEquity2.35%
Cash MarginUnspecifiedCash Margin1.80%
HDFC Life Insurance Co LtdFinancialEquity1.79%
Hyundai Motor India Ltd.Consumer DiscretionaryEquity1.64%
Voltas LtdIndustrialsEquity1.55%
Schaeffler India LtdIndustrialsEquity1.37%
Shree Cement LtdMaterialsEquity1.30%
Page Industries LtdConsumer DiscretionaryEquity1.19%
Power Grid Corporation of India LtdEnergy & UtilitiesEquity1.14%
Info Edge (India) LtdTechnologyEquity1.13%
Interglobe Aviation LtdIndustrialsEquity1.01%
United Breweries LtdConsumer StaplesEquity1.00%
Oil & Natural Gas Corporation LtdEnergy & UtilitiesEquity0.94%
Nippon Life India Asset Management LtdFinancialEquity0.92%
SBI Life Insurance Company LtdFinancialEquity0.90%
Apollo Tyres LtdConsumer DiscretionaryEquity0.87%
Multi Commodity Exchange Of India LtdFinancialEquity0.82%
Bayer CropScience LtdMaterialsEquity0.81%
Max Financial Services LtdFinancialEquity0.78%
Carborundum Universal LtdMaterialsEquity0.76%
State Bank of IndiaFinancialEquity0.75%
Bharat Petroleum Corporation LtdEnergy & UtilitiesEquity0.74%
Sudarshan Chemical Industries LtdMaterialsEquity0.73%
Hindustan Petroleum Corporation LtdEnergy & UtilitiesEquity0.63%
Hindustan Aeronautics LtdIndustrialsEquity0.61%
Bank Of BarodaFinancialEquity0.58%
ICICI Prudential Life Insurance Company LtdFinancialEquity0.57%
Siemens LtdDiversifiedEquity0.56%
Indus Towers LtdTechnologyEquity0.47%
Trent LtdConsumer DiscretionaryEquity0.44%
TVS Motor Company LtdConsumer DiscretionaryEquity0.43%
Timken India LtdIndustrialsEquity0.29%
Aditya Birla Sun Life AMC LtdFinancialEquity0.28%
Atul LtdMaterialsEquity0.26%
Siemens Energy India LtdEnergy & UtilitiesEquity0.22%
TVS Motor Company Ltd - Pref. SharesConsumer DiscretionaryPreference Shares0.02%
Net PayablesUnspecifiedNet Payables-7.98%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns+3.5%+2.7%+4.9%+5.4%
Category average (Equity Thematic)-----0.6%--
Rank (Equity Thematic)161614--

Exit load, stamp duty and tax

Exit load

0.5% for redemption within 1 Month

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

SY
Sandeep Yadav
May 2026 - Present
View details

Education
Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder.
Experience
Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.

AT
Anish Tawakley
May 2026 - Present
View details

Education
Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi
Experience
Prior joining to DSP MF, he has worked with ICICI AMC, Barclays India - Equity Research, Credit Suisse India - Equity research - Indian financial services sector,

AK
Aparna Karnik
May 2026 - Present
View details

Education
Ms. Karnik is a Masters in Management Studies.
Experience
Prior to joining DSP Mutual Fund, she has worked with CRISIL Ratings.

About DSP Business Cycle Fund Direct Growth

DSP Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Sandeep Yadav is the Current Fund Manager of DSP Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,40,014 Cr and the Latest NAV as of 10 Sep 2026 is ₹10.36. The DSP Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. 0.5% for redemption within 1 Month ;

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 benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#10 in India
Total AUM₹2,40,013.80 Cr
Date of Incorporation16 Dec 1996
Phone+91 22 6657 8000
E-mail--
Launch Date16 Dec 1996
AddressThe Ruby, 25th Floor29, Senapati Bapat Marg,Dadar (West), Mumbai Mumbai 400028
CustodianHongkong & Shanghai Banking Corporation
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,