DSP Business Cycle Fund Direct Growth

DSP Business Cycle Fund Direct Growth

Equity
Thematic
Very High Risk
1M
6M
1Y
All
NAV: 20 Feb '26
₹10.56
Min. for SIP
₹100
Fund size
₹1,145.11 Cr
Expense ratio
0.71%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹15,311
+2.07%
6 months₹30,000₹31,020
+3.40%

Holdings (51)

NameSectorInstrumentsAssets
State Bank of IndiaFinancialEquity6.99%
Axis Bank Ltd.FinancialEquity5.48%
Mahindra & Mahindra Ltd.AutomobileEquity4.51%
Infosys Ltd.TechnologyEquity4.51%
Multi Commodity Exchange Of India Ltd.ServicesEquity3.84%
Apollo Hospitals Enterprise Ltd.HealthcareEquity3.60%
Bharti Airtel Ltd.CommunicationEquity3.41%
Tata Consultancy Services Ltd.TechnologyEquity3.37%
Kotak Mahindra Bank Ltd.FinancialEquity3.32%
NTPC Ltd.EnergyEquity2.77%
Gland Pharma Ltd.HealthcareEquity2.72%
ICICI Bank Ltd.FinancialEquity2.64%
TVS Motor Company Ltd.AutomobileEquity2.55%
Coforge Ltd.TechnologyEquity2.27%
Amber Enterprises India Ltd.Consumer DiscretionaryEquity2.14%
Kei Industries Ltd.Capital GoodsEquity2.03%
Max Financial Services Ltd.FinancialEquity1.89%
Voltas Ltd.Consumer DiscretionaryEquity1.85%
R R Kabel Ltd.Consumer DiscretionaryEquity1.56%
Nippon Life India Asset Management Ltd.FinancialEquity1.55%
Oberoi Realty Ltd.ConstructionEquity1.53%
Samvardhana Motherson International Ltd.AutomobileEquity1.49%
Kalpataru Projects International Ltd.Capital GoodsEquity1.47%
Cyient Ltd.TechnologyEquity1.45%
Schaeffler India Ltd.Capital GoodsEquity1.27%
United Breweries Ltd.Consumer StaplesEquity1.26%
Greenlam Industries Ltd.Consumer StaplesEquity1.23%
Tata Capital Ltd.FinancialEquity1.20%
Angel One Ltd.FinancialEquity1.15%
Syngene International Ltd.HealthcareEquity1.15%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity1.11%
Ipca Laboratories Ltd.HealthcareEquity1.06%
Mphasis Ltd.TechnologyEquity1.02%
JSW Infrastructure Ltd.ServicesEquity0.97%
Siemens Ltd.Capital GoodsEquity0.96%
Navin Fluorine International Ltd.ChemicalsEquity0.92%
Apollo Tyres Ltd.AutomobileEquity0.89%
Triveni Engineering & Industries Ltd.Consumer StaplesEquity0.86%
Dhanuka Agritech Ltd.ChemicalsEquity0.84%
Cipla Ltd.HealthcareEquity0.83%
Sudarshan Chemical Industries Ltd.ChemicalsEquity0.79%
Siemens Energy India Ltd.EnergyEquity0.77%
Carborundum Universal Ltd.Metals & MiningEquity0.74%
Inox India Ltd.Metals & MiningEquity0.73%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.71%
Kovai Medical Center & Hospital Ltd.HealthcareEquity0.64%
Bayer CropScience Ltd.ChemicalsEquity0.56%
H.G. Infra Engineering Ltd.ConstructionEquity0.48%
Ahluwalia Contracts (India) Ltd.ConstructionEquity0.43%
Sheela Foam Ltd.Consumer DiscretionaryEquity0.43%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.03%
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+1.1%+5.9%+16.0%+5.5%
Category average (Equity Thematic)-----0.6%--
Rank (Equity Thematic)322--

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%.

Fund management

VS
Vinit Sambre
Aug 2025 - Present
View details

Education
Mr. Sambre is a B.Com and FCA.
Experience
Prior to joining DSP he was associated with DSP Merrill Lynch Ltd.(Nov 2005 to Jun 2007), IL & FS Investsmart Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory Services Ltd.(Jun 2000 to Dec 2002), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (March 1999 to May 2000) and Credit Rating Information Service of India Ltd.(Apr 1998 to Feb 1999).

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. Vinit Sambre is the Current Fund Manager of DSP Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,22,551 Cr and the Latest NAV as of 20 Feb 2026 is ₹10.56. 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₹2,22,551.45 Cr
Date of Incorporation16 Dec 1996
Phone+91 22 6657 8000
E-mailNA
Launch Date16 Dec 1996
AddressThe Ruby, 25th Floor29, Senapati Bapat Marg,Dadar (West), Mumbai Mumbai 400028
CustodianCitibank NA
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,