
DSP Business Cycle Fund Direct Growth is a Equity mutual fund scheme launched on 17 Dec 2024. The current NAV stands at ₹11.0620 as of 12 Nov 2026. From the funds total AUM, its top holdings include Treps / Reverse Repo Investments at 15.34%, HDFC Bank at 9.28%, Cash Offset For Derivatives at 8.87%, Nifty 30 Jun 2026 at 8.87%, ICICI Bank at 8.48%
Scheme Overview
- Inception Date : 17 Dec 2024
- AUM : ₹1,523.81 Cr
- 1Y Returns (CAGR) : 6.45%
- Expense Ratio : 1.17%
- Min. SIP : ₹100
- Min. Lumpsum : ₹100
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 6.21 L
6.45%
Total Investment
₹ 6,00,000
Returns
₹ 21,381 (6.45%)
Maturity Value
₹ 6,21,381
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,523.81 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,523.81 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 32.03% | ||
| Other | 17.78% | ||
| Consumer Cyclical | 16.56% | ||
| Basic Materials | 10.06% | ||
| Industrials | 8.45% | ||
| Communication Services | 3.92% | ||
| Energy | 3.80% | ||
| Utilities | 3.39% | ||
| Real Estate | 2.89% | ||
| Consumer Defensive | 1.11% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
₹ 11.0520
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 100.00
AUM (in Cr.)
₹ 1,523.81
Expense Ratio
1.17%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 9.4490
Inception Date
17 Dec 2024
Fund Age
1 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- 0.5% for redemption within 1 Month
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Anish Tawakley | PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi |
| Aparna Karnik | B.Com, M.M.S. (Mumbai University) |
| Sandeep Yadav | PGDBM - IIM Bangalore, 2004 B.E. - Army Institute of Technology, Pune, 2000 |
Fund Objective
The investment objective of the scheme is 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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
DSP Mutual Fund
No. of Schemes
57
Total AUM
₹ 2,20,634.48 Cr
Contact Details
The Ruby, 25th Floor, 29, SenapatiBapat Marg, Dadar (West),Mumbai - 400028.
Contact Details
The Ruby, 25th Floor, 29, SenapatiBapat Marg, Dadar (West),Mumbai - 400028.
FAQs
When was DSP Business Cycle Fund launched?
What is the current NAV of DSP Business Cycle Fund?
What is the AUM of DSP Business Cycle Fund?
What is the rate of return of DSP Business Cycle Fund?
- In the past 1Y: 6.45%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of DSP Business Cycle Fund?
What is exit load of DSP Business Cycle Fund?
What is the portfolio of DSP Business Cycle Fund?
- HDFC Bank: 9.28%
- ICICI Bank: 8.48%
- Axis Bank: 7.19%
- Larsen & Toubro: 4.23%
- Mahindra & Mahindra: 3.93%
Top 3 sectoral holdings include:
- Others: 35.52%
- Financial Services: 32.03%
- Consumer Cyclical: 16.56%
How risky is investing in DSP Business Cycle Fund?
Who is the fund manager DSP Business Cycle Fund?
What is the minimum investment required in DSP Business Cycle Fund?
How to invest in DSP Business Cycle Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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