DSP Business Cycle Fund

Q: What are the returns of this mutual fund scheme?

The DSP Business Cycle Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 0.61% since inception. DSP Business Cycle Fund Returns 1-Year Since Inception 7.88% 0.61%

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

The DSP Business Cycle Fund has an expense ratio of 2.17% , 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 Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.068-0.98% 1 day change	0.61% p.a.	App exclusive #NA View Ranked Funds	₹1,176 Cr

Historical NAV & returns

NAV: ₹10.068 as on Feb 02, 2026

This fund Category average

DSP Business Cycle Fund overview

AUM (Fund size)	₹1,176 Cr
Exit load	0.5% 0.5% for redemption within 1 Month!
Lock-in Period	Nil
Age	1 yrs 2 m since Nov 27, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.17% as on Feb 02, 2026
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-3.15%	-8.79%
3 Months	-2.39%	-8.32%
6 Months	1.67%	-5.01%
1 Year	7.88%	0.78%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 46.76%

Mid Cap 23.2%

Small Cap 21.97%

Other Cap 0%

Top holdings

State Bank of India6.21%

Multi Commodity Exchange Of India Ltd.6.01%

Axis Bank Ltd.4.94%

Mahindra & Mahindra Ltd.4.75%

Top sectors

Financial 22.819999999999997%

Technology 12.32%

Healthcare 10.219999999999999%

Automobile 8.62%

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 9.21%

Other Holdings

Others 9.21%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Business Cycle Fund	-3.15%	1.67%	7.88%	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	-3.02%	5.18%	11.87%	22.83%	24.41%	13.86%
ICICI Prudential Value Fund	-3.55%	3.69%	11.27%	19.95%	20.57%	16.67%
ICICI Prudential Dividend Yield Equity Fund	-3.71%	3.15%	10.38%	22.01%	23.15%	17.4%
ICICI Prudential Diversified Equity All Cap Omni FoF	-4.85%	1.14%	8.2%	20.31%	19.81%	11.98%
SBI Contra Fund	-3.77%	1.88%	6.55%	19.59%	21.15%	17.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	11.3	0.83	1.35	2.2
ICICI Prudential Value Fund	11.09	0.81	1.18	2.0
ICICI Prudential Dividend Yield Equity Fund	11.93	0.87	1.26	1.98
ICICI Prudential Diversified Equity All Cap Omni FoF	11.66	0.89	1.16	1.79
SBI Contra Fund	12.07	0.91	1.07	1.65

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Business Cycle Fund	N.A.	1,176 Cr	1 yrs 2 m	2.17%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	7 yrs 1 m	1.57%
ICICI Prudential Value Fund	N.A.	61,272 Cr	21 yrs 6 m	1.48%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11 yrs 9 m	1.8%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	258 Cr	5 yrs 11 m	1.02%
SBI Contra Fund	N.A.	49,967 Cr	20 yrs 8 m	1.5%

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 1 yrs 2 m, having been launched on 27/11/2024. DSP Business Cycle Fund has ₹1,176 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Business Cycle Fund as of 02/02/2026 is ₹10.07. The fund has an expense ratio of 2.17%, which is higher than what most other Strategy funds charge.

DSP Business Cycle Fund returns of last 1-year are 7.51%. Since launch, it has delivered 0.60% average annual returns.
The fund has the majority of its money invested in Financial, Technology, Healthcare, Automobile, Capital Goods sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in State Bank of India, Multi Commodity Exchange Of India Ltd., Axis Bank Ltd., Mahindra & Mahindra Ltd., Infosys Ltd..

...

Fund AUM	1,176 Cr as on Dec 31, 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	2,24,669 Cr as on Dec 31, 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 World Gold Mining Overseas Equity Omni FoF	N.A.	1,756 Cr	148.27%	25.87%
DSP India T.I.G.E.R. Fund	N.A.	5,323 Cr	7.62%	23.92%
DSP Natural Resources and New Energy Fund	N.A.	1,573 Cr	29.76%	22.34%
DSP Small Cap Fund	N.A.	16,935 Cr	3.38%	20.28%
DSP World Mining Overseas Equity Omni FoF	N.A.	154 Cr	97.02%	20.01%
DSP US Specific Equity Omni FoF	N.A.	1,068 Cr	33.72%	17.76%

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 ₹10.068 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The DSP Business Cycle Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 0.61% since inception.

DSP Business Cycle Fund Returns

1-Year	Since Inception
7.88%	0.61%

How much does this mutual fund charge as expense ratio?

The DSP Business Cycle Fund has an expense ratio of 2.17%, 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 1,176 Cr as on Dec 31, 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	6.21%
Multi Commodity Exchange Of India Ltd.	6.01%
Axis Bank Ltd.	4.94%
Mahindra & Mahindra Ltd.	4.75%
Infosys Ltd.	4.33%
Bharti Airtel Ltd.	3.55%
Apollo Hospitals Enterprise Ltd.	3.55%
Kotak Mahindra Bank Ltd.	3.49%
Tata Consultancy Services Ltd.	3.37%
ICICI Bank Ltd.	2.55%

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	22.819999999999997%
Technology	12.32%
Healthcare	10.219999999999999%
Automobile	8.62%
Capital Goods	7.14%
Services	7.05%
Consumer Discretionary	6.260000000000001%
Communication	3.55%
Energy	3.27%
Chemicals	3.03%

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.

ET Money rank

App exclusive

in Strategy

#NA

Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: 0.5% for redemption within 1 Month