DSP Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹1,134 Cr

Expense Ratio

0.63%

ISIN

INF740KA1UX7

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

17 Dec 2024

About this fund

DSP Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 8 months and 27 days, having been launched on 17-Dec-24.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹10.19, Assets Under Management (AUM) of 1134.09 Crores, and an expense ratio of 0.63%.

DSP Business Cycle Fund Direct Growth has given a CAGR return of 1.85% since inception.
The fund's asset allocation comprises around 92.61% in equities, 0.00% in debts, and 7.39% in cash & cash equivalents.
You can start investing in DSP Business Cycle Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+1.85%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity	₹1,050.28 Cr	92.61%
Others	₹83.82 Cr	7.39%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹82.96 Cr	7.32%
Power Grid Corp Of India Ltd	Equity	₹66.54 Cr	5.87%
State Bank of India	Equity	₹59.18 Cr	5.22%
NTPC Ltd	Equity	₹58.93 Cr	5.20%
Axis Bank Ltd	Equity	₹48.9 Cr	4.31%
Multi Commodity Exchange of India Ltd	Equity	₹48.82 Cr	4.30%
Mahindra & Mahindra Ltd	Equity	₹48.24 Cr	4.25%
Apollo Hospitals Enterprise Ltd	Equity	₹44.37 Cr	3.91%
Infosys Ltd	Equity	₹42.64 Cr	3.76%
Kotak Mahindra Bank Ltd	Equity	₹36.86 Cr	3.25%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹34.21 Cr	3.02%
ICICI Bank Ltd	Equity	₹33.01 Cr	2.91%
Bharti Airtel Ltd	Equity	₹26.93 Cr	2.38%
Tata Consultancy Services Ltd	Equity	₹25.73 Cr	2.27%
TVS Motor Co Ltd	Equity	₹22.25 Cr	1.96%
KEI Industries Ltd	Equity	₹22.2 Cr	1.96%
Coforge Ltd	Equity	₹21.44 Cr	1.89%
Voltas Ltd	Equity	₹21.22 Cr	1.87%
Max Financial Services Ltd	Equity	₹20.17 Cr	1.78%
Oberoi Realty Ltd	Equity	₹19.15 Cr	1.69%
United Breweries Ltd	Equity	₹19.11 Cr	1.68%
R R Kabel Ltd	Equity	₹18.78 Cr	1.66%
Cyient Ltd	Equity	₹17.59 Cr	1.55%
Kalpataru Projects International Ltd	Equity	₹16.94 Cr	1.49%
Schaeffler India Ltd	Equity	₹16.53 Cr	1.46%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹16.42 Cr	1.45%
Mankind Pharma Ltd	Equity	₹15.22 Cr	1.34%
Sudarshan Chemical Industries Ltd	Equity	₹14.47 Cr	1.28%
Navin Fluorine International Ltd	Equity	₹13.63 Cr	1.20%
Angel One Ltd Ordinary Shares	Equity	₹13.53 Cr	1.19%
Ipca Laboratories Ltd	Equity	₹13.52 Cr	1.19%
Laurus Labs Ltd	Equity	₹13.45 Cr	1.19%
JSW Infrastructure Ltd	Equity	₹13.11 Cr	1.16%
Gland Pharma Ltd	Equity	₹11.66 Cr	1.03%
Siemens Energy India Ltd	Equity	₹11.48 Cr	1.01%
Cipla Ltd	Equity	₹11.2 Cr	0.99%
Crompton Greaves Consumer Electricals Ltd	Equity	₹10.79 Cr	0.95%
Siemens Ltd	Equity	₹10.75 Cr	0.95%
Carborundum Universal Ltd	Equity	₹9.99 Cr	0.88%
Apollo Tyres Ltd	Equity	₹9.36 Cr	0.83%
InterGlobe Aviation Ltd	Equity	₹9.11 Cr	0.80%
Triveni Engineering & Industries Ltd	Equity	₹9.05 Cr	0.80%
INOX India Ltd	Equity	₹8.81 Cr	0.78%
Kovai Medical Center & Hospital Ltd	Equity	₹8.39 Cr	0.74%
CG Power & Industrial Solutions Ltd	Equity	₹7.34 Cr	0.65%
H.G. Infra Engineering Ltd Ordinary Shares	Equity	₹6.95 Cr	0.61%
Sheela Foam Ltd	Equity	₹6.22 Cr	0.55%
Praj Industries Ltd	Equity	₹5.95 Cr	0.52%
Ahluwalia Contracts (India) Ltd	Equity	₹5.89 Cr	0.52%
Shivalik Bimetal Controls Ltd	Equity	₹4.26 Cr	0.38%
Net Receivables/Payables	Cash	₹0.86 Cr	0.08%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹276.88 Cr	24.41%
Consumer Cyclical	₹168.82 Cr	14.89%
Industrials	₹157.65 Cr	13.90%
Utilities	₹136.95 Cr	12.08%
Healthcare	₹117.81 Cr	10.39%
Technology	₹89.81 Cr	7.92%
Consumer Defensive	₹28.16 Cr	2.48%
Basic Materials	₹28.1 Cr	2.48%
Communication Services	₹26.93 Cr	2.38%
Real Estate	₹19.15 Cr	1.69%

Risk & Performance Ratios

Fund Managers

Vinit Sambre

Since August 2025

Additional Scheme Detailsas of 31st July 2025

ISIN

INF740KA1UX7

Expense Ratio

0.63%

Exit Load

No Charges

Fund Size

₹1,134 Cr

Age

8 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	-	1.0%	-	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹4.86 Cr	-
Kotak Active Momentum Fund Direct Growth Low Risk	-	0.0%	₹1389.52 Cr	-
Kotak Active Momentum Fund Regular Growth Low Risk	-	0.0%	₹1389.52 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.6%	1.0%	₹43.66 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.7%	1.0%	₹43.66 Cr	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹505.43 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.9%	0.0%	₹505.43 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1222.61 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1222.61 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹1992.31 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.0%	1.0%	₹1992.31 Cr	-
Nippon India MNC Fund Direct Growth Very High Risk	1.1%	1.0%	₹359.21 Cr	-
Nippon India MNC Fund Regular Growth Very High Risk	2.5%	1.0%	₹359.21 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2439.44 Cr	-
HDFC Innovation Fund Regular Growth Very High Risk	2.0%	1.0%	₹2439.44 Cr	-
Mirae Asset Nifty India Internet ETF Very High Risk	0.1%	-	₹11.33 Cr	-
Motilal Oswal Nifty India Tourism ETF Very High Risk	0.5%	-	₹2.25 Cr	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.5%	-	₹5.27 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	2.6%	1.0%	₹47.93 Cr	-
Motilal Oswal Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹47.93 Cr	-
ICICI Prudential Quality Fund Direct Growth Very High Risk	0.8%	1.0%	₹2233.78 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.0%	1.0%	₹2233.78 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹4.63 Cr	-
Axis Nifty500 Momentum 50 ETF Very High Risk	-	-	-	-
Mirae Asset BSE Select IPO ETF Very High Risk	0.3%	-	₹15.50 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk	1.0%	0.0%	₹6.05 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹6.05 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.6%	1.0%	₹140.68 Cr	-
Motilal Oswal Active Momentum Fund Regular Growth Very High Risk	2.7%	1.0%	₹140.68 Cr	-
Nippon India Active Momentum Fund Regular Growth Very High Risk	1.6%	1.0%	₹221.19 Cr	-
Nippon India Active Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹221.19 Cr	-
Groww Nifty 200 ETF Very High Risk	0.3%	-	₹13.63 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹5.01 Cr	-
Groww Nifty 200 ETF FoF Regular Growth Very High Risk	0.7%	1.0%	₹5.01 Cr	-
Invesco India Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹567.37 Cr	-
Invesco India Business Cycle Fund Regular Growth Very High Risk	2.3%	0.0%	₹567.37 Cr	-
Kotak MSCI India ETF Very High Risk	0.4%	-	₹518.47 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹325.35 Cr	-
Motilal Oswal Innovation Opportunities Fund Regular Growth Very High Risk	2.4%	1.0%	₹325.35 Cr	-
Groww Nifty India Railways PSU ETF Very High Risk	0.5%	-	₹71.25 Cr	-
ICICI Prudential Rural Opportunities Fund Regular Growth Moderate Risk	2.1%	1.0%	₹1830.86 Cr	-
ICICI Prudential Rural Opportunities Fund Direct Growth Moderate Risk	0.9%	1.0%	₹1830.86 Cr	-
WhiteOak Capital Quality Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹594.70 Cr	-
WhiteOak Capital Quality Equity Fund Regular Growth Very High Risk	2.3%	1.0%	₹594.70 Cr	-
UTI Quant Fund Regular Growth Very High Risk	2.0%	1.0%	₹1693.00 Cr	-
UTI Quant Fund Direct Growth Very High Risk	0.3%	1.0%	₹1693.00 Cr	-
ICICI Prudential Nifty Auto ETF Very High Risk	0.2%	-	₹151.43 Cr	4.9%
ICICI Prudential Nifty 200 Quality 30 ETF Very High Risk	0.3%	-	₹173.74 Cr	-8.4%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹2,06,643 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.36 Cr	-
DSP Nifty Healthcare Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹10.65 Cr	-
DSP Silver ETF Fund of Fund Direct Growth Very High Risk	0.6%	0.0%	₹156.98 Cr	-
DSP Nifty Private Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹26.38 Cr	-
DSP BSE SENSEX Next 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹11.41 Cr	-
DSP Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1134.09 Cr	-
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1541.44 Cr	-3.3%
DSP Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹52.29 Cr	6.4%
DSP US Treasury Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹62.20 Cr	7.8%
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹2430.28 Cr	-1.6%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹276.43 Cr	-12.1%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1346.44 Cr	15.6%
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.7%	0.0%	₹114.58 Cr	50.3%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹3645.39 Cr	13.9%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹52.03 Cr	8.0%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹696.60 Cr	7.5%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low to Moderate Risk	-	0.0%	₹180.35 Cr	7.4%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	₹122.54 Cr	7.4%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹4950.62 Cr	7.7%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3503.00 Cr	6.0%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1764.19 Cr	6.2%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹817.06 Cr	-0.0%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1047.44 Cr	-9.2%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3190.15 Cr	-0.3%
DSP Global Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1459.83 Cr	8.9%
DSP Quant Fund Direct Growth Very High Risk	0.6%	0.0%	₹912.13 Cr	-3.8%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6094.58 Cr	7.8%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹1050.94 Cr	4.9%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2092.18 Cr	8.3%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹317.79 Cr	8.8%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11852.11 Cr	-1.8%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1894.23 Cr	5.5%
DSP Equity & Bond Fund Direct Growth High Risk	0.6%	1.0%	₹11436.32 Cr	3.4%
DSP Focus Fund Direct Growth Very High Risk	0.9%	1.0%	₹2595.35 Cr	-0.9%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹207.66 Cr	22.8%
DSP India TIGER Fund Direct Growth Very High Risk	0.7%	1.0%	₹5405.54 Cr	-6.9%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹22725.56 Cr	7.0%
DSP Regular Saving Fund Direct Growth Moderate Risk	0.5%	0.0%	₹177.97 Cr	6.4%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹17005.25 Cr	-2.1%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3772.40 Cr	7.8%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3759.33 Cr	8.5%
DSP Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹19330.78 Cr	-1.6%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.0%	0.0%	₹1309.61 Cr	1.5%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹15501.86 Cr	-2.0%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1493.18 Cr	5.2%
DSP Savings Fund Direct Growth Moderate Risk	0.1%	0.0%	₹5495.49 Cr	7.6%
DSP Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹16980.66 Cr	-1.8%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of DSP Business Cycle Fund Direct Growth?

The NAV of DSP Business Cycle Fund Direct Growth, as of 12-Sep-2025, is ₹10.19.

What is the portfolio composition of DSP Business Cycle Fund Direct Growth?

The fund's allocation of assets is distributed as 92.61% in equities, 0.00% in bonds, and 7.39% in cash and cash equivalents.

Who manages the DSP Business Cycle Fund Direct Growth?

The fund managers responsible for DSP Business Cycle Fund Direct Growth are:-

Vinit Sambre

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,134 Cr

Expense Ratio

0.63%

ISIN

INF740KA1UX7

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

17 Dec 2024

Risk Level

Your principal amount will be at Very High Risk