DSP Business Cycle Fund

Q: How much does this mutual fund charge as expense ratio?

The DSP Business Cycle Fund has an expense ratio of 2.15% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.282+0.34% 1 day change	3.28%	App exclusive #NA View Ranked Funds	₹1,138 Cr

Historical NAV & returns

NAV: ₹10.282 as on Oct 20, 2025

This fund Category average

DSP Business Cycle Fund overview

AUM (Fund size)	₹1,138 Cr
Exit load	0.5% 0.5% for redemption within 1 Month!
Lock-in Period	Nil
Age	10 m since Nov 27, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.15% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

DSP Business Cycle Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 24, 2025

Period	This fund	Category average
1 Month	4.17%	4.09%
3 Months	4.27%	3.62%
6 Months	7.72%	8.04%

Asset allocationas on Sep 30, 2025

Large Cap 52.2%

Mid Cap 21.5%

Small Cap 19.37%

Other Cap 0%

Top holdings

State Bank of India5.7%

Power Grid Corporation Of India Ltd.5.63%

NTPC Ltd.5.28%

Axis Bank Ltd.4.55%

Top sectors

Financial 20.529999999999998%

Energy 11.98%

Healthcare 10.33%

Technology 9.440000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Reverse Repo 7.01%

Other Holdings

Others 7.01%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Business Cycle Fund	4.17%	7.72%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	4.09%	7.45%	8.52%	22.78%	32.63%	13.86%
ICICI Prudential Dividend Yield Equity Fund	3.7%	7.44%	7.33%	23.76%	29.89%	16.07%
ICICI Prudential Value Fund	4.07%	7.71%	7.35%	21.71%	26.81%	15.51%
SBI Contra Fund	4.52%	6.02%	2.74%	20.23%	29.54%	16.14%
ICICI Prudential India Equity FOF	4.07%	7.27%	6.61%	21.35%	26.52%	12.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	11.51	0.82	1.32	2.34
ICICI Prudential Dividend Yield Equity Fund	12.13	0.86	1.33	2.07
ICICI Prudential Value Fund	11.19	0.79	1.28	2.23
SBI Contra Fund	12.19	0.89	1.05	1.68
ICICI Prudential India Equity FOF	11.73	0.87	1.17	1.88

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Business Cycle Fund	N.A.	1,138 Cr	10 m	2.15%
ICICI Prudential India Opportunities Fund	N.A.	30,802 Cr	6 yrs 10 m	1.58%
ICICI Prudential Dividend Yield Equity Fund	N.A.	5,936 Cr	11 yrs 6 m	1.81%
ICICI Prudential Value Fund	N.A.	55,445 Cr	21 yrs 3 m	1.5%
SBI Contra Fund	N.A.	47,205 Cr	20 yrs 5 m	1.5%
ICICI Prudential India Equity FOF	N.A.	229 Cr	5 yrs 8 m	1.21%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare DSP Business Cycle Fund in detail with

About this fund

About DSP Business Cycle Fund

DSP Business Cycle Fund is a Strategy mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 10 m, having been launched on 27/11/2024. DSP Business Cycle Fund has ₹1,138 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Business Cycle Fund as of 20/10/2025 is ₹10.28. The fund has an expense ratio of 2.15%, which is higher than what most other Strategy funds charge.

The fund has the majority of its money invested in Financial, Energy, Healthcare, Technology, Automobile sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The fund's top 5 holdings are in State Bank of India, Power Grid Corporation Of India Ltd., NTPC Ltd., Axis Bank Ltd., Mahindra & Mahindra Ltd..

...

Fund AUM	1,138 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

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.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
DSP India T.I.G.E.R. Fund	N.A.	5,390 Cr	-0.66%	32.79%
DSP Natural Resources and New Energy Fund	N.A.	1,391 Cr	4.5%	26.93%
DSP Small Cap Fund	N.A.	16,496 Cr	1.96%	26.19%
DSP ELSS Tax Saver Fund	N.A.	16,749 Cr	4.2%	23.36%
DSP Nifty 50 Equal Weight Index Fund	N.A.	2,285 Cr	7.82%	23.17%
DSP Large & Mid Cap Fund	N.A.	15,857 Cr	4.05%	22.83%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of DSP Business Cycle Fund?

The current Net Asset Value (NAV) of the DSP Business Cycle Fund plan is approximately ₹10.282 as of Oct 20, 2025.

How much does this mutual fund charge as expense ratio?

The DSP Business Cycle Fund has an expense ratio of 2.15%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately 1,138 Cr as on Sep 30, 2025.

What are the top stock holdings of DSP Business Cycle Fund?

The DSP Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
State Bank of India	5.7%
Power Grid Corporation Of India Ltd.	5.63%
NTPC Ltd.	5.28%
Axis Bank Ltd.	4.55%
Mahindra & Mahindra Ltd.	4.54%
Multi Commodity Exchange Of India Ltd.	4.35%
Infosys Ltd.	4.11%
Apollo Hospitals Enterprise Ltd.	3.85%
Kotak Mahindra Bank Ltd.	3.26%
Amber Enterprises India Ltd.	3.05%

What are the top sectors DSP Business Cycle Fund has invested in?

The DSP Business Cycle Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	20.529999999999998%
Energy	11.98%
Healthcare	10.33%
Technology	9.440000000000001%
Automobile	7.830000000000001%
Consumer Discretionary	7.81%
Capital Goods	7.59%
Services	6.299999999999999%
Construction	2.6799999999999997%
Consumer Staples	2.3200000000000003%

What is risk level of DSP Business Cycle Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Business Cycle Fund?

Redeeming your investments in the DSP Business Cycle Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.