DSP Mutual Fund
← All mutual funds

DSP Business Cycle Fund - Direct Plan - IDCW

DSP Mutual Fund · Sectoral/Thematic · Direct · IDCW

NAV · as of 11/09/2026

10.34

1D

-0.20%

1Y

+1.88%

Key stats

Expense ratio
1.41%
AUM
₹1.33 K Cr
Launched
17/12/2024
Fund manager
Anish Tawakley; Sandeep Yadav; Aparna Karnik
Portfolio turnover
1.06%
Risk
Very High Risk
Min lump-sum
₹100
Min SIP
₹100/mo
Fresh lump-sum
Accepted
Fresh SIP
Accepted

NAV history

DSP Business Cycle Fund - Direct Plan - IDCW

13/08/2026 to 11/09/2026

O - H - L -

10.7410.3313/08/202611/09/2026
1W-1.85%
1M-3.99%
3M-0.28%
6M+6.48%
1Y+1.88%
MAX+3.43%

Top holdings

53 disclosed
  • 1.

    Treps / Reverse Repo Investments

    14.60%
  • 2.

    Net Receivables/Payables

    13.21%
  • 3.

    ICICI Bank Ltd

    Financial Services

    9.88%
  • 4.

    HDFC Bank Ltd

    Financial Services

    9.47%
  • 5.

    Nifty Aug26

    8.34%
  • 6.

    Axis Bank Ltd

    Financial Services

    6.00%
  • 7.

    Bharti Airtel Ltd

    Communication Services

    4.71%
  • 8.

    Larsen & Toubro Ltd

    Industrials

    4.50%
  • 9.

    Mahindra & Mahindra Ltd

    Consumer Cyclical

    3.84%
  • 10.

    Reliance Industries Ltd

    Energy

    3.79%
  • 11.

    NTPC Ltd

    Utilities

    3.22%
  • 12.

    UltraTech Cement Ltd

    Basic Materials

    3.10%
  • 13.

    Maruti Suzuki India Ltd

    Consumer Cyclical

    2.90%
  • 14.

    Asian Paints Ltd

    Basic Materials

    2.89%
  • 15.

    DLF Ltd

    Real Estate

    2.82%
  • 16.

    Hero MotoCorp Ltd

    Consumer Cyclical

    2.47%
  • 17.

    HDFC Life Insurance Co Ltd

    Financial Services

    1.87%
  • 18.

    Cash Margin

    1.80%
  • 19.

    Hyundai Motor India Ltd

    Consumer Cyclical

    1.72%
  • 20.

    Voltas Ltd

    Consumer Cyclical

    1.62%
  • 21.

    Schaeffler India Ltd

    Consumer Cyclical

    1.44%
  • 22.

    Shree Cement Ltd

    Basic Materials

    1.36%
  • 23.

    Page Industries Ltd

    Consumer Cyclical

    1.25%
  • 24.

    Power Grid Corp Of India Ltd

    Utilities

    1.20%
  • 25.

    Info Edge (India) Ltd

    Communication Services

    1.19%
  • 26.

    InterGlobe Aviation Ltd

    Industrials

    1.06%
  • 27.

    United Breweries Ltd

    Consumer Defensive

    1.04%
  • 28.

    Oil & Natural Gas Corp Ltd

    Energy

    0.99%
  • 29.

    Nippon Life India Asset Management Ltd Ordinary Shares

    Financial Services

    0.96%
  • 30.

    SBI Life Insurance Co Ltd

    Financial Services

    0.94%
  • 31.

    Apollo Tyres Ltd

    Consumer Cyclical

    0.92%
  • 32.

    Multi Commodity Exchange of India Ltd

    Financial Services

    0.86%
  • 33.

    Bayer CropScience Ltd

    Basic Materials

    0.85%
  • 34.

    Max Financial Services Ltd

    Financial Services

    0.81%
  • 35.

    Carborundum Universal Ltd

    Industrials

    0.80%
  • 36.

    State Bank of India

    Financial Services

    0.79%
  • 37.

    Bharat Petroleum Corp Ltd

    Energy

    0.78%
  • 38.

    Sudarshan Chemical Industries Ltd

    Basic Materials

    0.77%
  • 39.

    Hindustan Petroleum Corp Ltd

    Energy

    0.66%
  • 40.

    Hindustan Aeronautics Ltd Ordinary Shares

    Industrials

    0.64%
  • 41.

    Bank of Baroda

    Financial Services

    0.61%
  • 42.

    ICICI Prudential Life Insurance Co Ltd

    Financial Services

    0.60%
  • 43.

    Siemens Ltd

    Industrials

    0.58%
  • 44.

    Indus Towers Ltd Ordinary Shares

    Communication Services

    0.50%
  • 45.

    Trent Ltd

    Consumer Cyclical

    0.47%
  • 46.

    TVS Motor Co Ltd

    Consumer Cyclical

    0.45%
  • 47.

    Timken India Ltd

    Industrials

    0.30%
  • 48.

    Aditya Birla Sun Life AMC Ltd

    Financial Services

    0.30%
  • 49.

    Atul Ltd

    Basic Materials

    0.28%
  • 50.

    Siemens Energy India Ltd

    Utilities

    0.23%
  • 51.

    Tvs Motor Company Limited

    0.02%
  • 52.

    Coromandel International Ltd

    -
  • 53.

    JSW Infrastructure Ltd

    -

Sector allocation

  • Unclassified37.96%
  • Financial Services33.10%
  • Consumer Cyclical17.07%
  • Basic Materials9.25%
  • Industrials7.89%
  • Communication Services6.39%
  • Energy6.22%
  • Utilities4.65%
  • Real Estate2.82%
  • Consumer Defensive1.04%

Comparable peers

  • SBI Healthcare Opportunities IDCW Payout Direct Plan

    SBI Healthcare Opportunities IDCW Payout (DP) · ₹5.40 K Cr AUM

    1Y+22.46%
    3Y+24.66%
    -

  • HDFC Transportation & Logistics IDCW Reinvest Direct Plan

    HDFC Transportation & Logistics IDCW Reinvest (DR) · ₹1.96 K Cr AUM

    1Y+9.29%
    3Y+25.53%
    -

  • HDFC Transportation & Logistics IDCW Payout Direct Plan

    HDFC Transportation & Logistics IDCW Payout (DP) · ₹1.96 K Cr AUM

    1Y+9.29%
    3Y+25.53%
    -

  • HDFC Transportation & Logistics IDCW Reinvest Direct Plan

    HDFC Transportation & Logistics IDCW Reinvest (DR) · ₹1.96 K Cr AUM

    1Y+9.29%
    3Y+25.53%
    -

  • DSP Business Cycle IDCW Reinvest Direct Plan

    DSP Business Cycle IDCW Reinvest (DR) · ₹1.33 K Cr AUM

    1Y+2.28%
    3Y0.00%
    -

Investment 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.

Scheme details

Scheme code
153123
Fund house
DSP Mutual Fund
Category
Open Ended
Type
Equity Schemes
Sub-category
Sectoral/Thematic
Plan
Direct
Return type
IDCW
ISIN (Growth)
INF740KA1UV1
ISIN (Div. Reinvest)
INF740KA1UW9
Tradable on exchange
No

Kuvera page