May 3, 2025
RA Jainee
DSP Business Cycle Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 9.5500
NAV IDCW: Rs 9.5500
Suitable For Which Investors?
Such thematic funds are avoidable for most investors because:
1. They have a narrow investment focus
2. Instead, diversified equity funds which invest across sectors/themes are better
If you still choose to invest:
(1) Invest only through SIP
(2) Have a 7+ year investment horizon
(3) Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
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.
Fund Manager:
1) Charanjit Singh
Education: Mr. Singh is a B. Tech – Electronics and Communication, MBA – Finance & Systems
Experience: Prior to joining DSP Mutual Fund, he has worked with Capital Goods, Power & Infra at B&K Securities India, Capital Goods and Infra at Axis Capital Ltd., BNP Paribas India Securities, Thomas Weisel Partners, HSBC, IDC Corp. and Frost & Sullivan.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 10 months |
Basic Details of DSP Business Cycle Fund
| Fund House | DSP Mutual Fund |
| Launch Date | 17-Dec-24 |
| Return Since Launch | -4.50% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 977 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.72% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 3.00% |
Trailing Returns (%) of DSP Business Cycle Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Business Cycle Fund Dir | -4.60 | -0.23 | 2.46 | 1.80 | — | — | — | — | — | — |
| BSE 500 TRI | -1.40 | -0.05 | 3.50 | 2.13 | — | — | — | — | — | — |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Business Cycle Fund Dir | Unrated | — | — | — | 0.72 | 977 | -4.50 | 0.50 (300) | 4M | 3.00 |
| ICICI Pru India Opportunities Dir | Unrated | 14.51 | 25.42 | 34.50 | 0.74 | 25,696 | 23.30 | 1.00 (365) | 6Y 3M | 67.00 |
| ICICI Pru Business Cycle Dir | Unrated | 8.77 | 23.08 | — | 0.82 | 11,894 | 23.02 | 1.00 (30) | 4Y 3M | 25.00 |
| HDFC Manufacturing Dir | Unrated | — | — | — | 0.54 | 11,597 | -0.56 | 1.00 (30) | 11M | — |
| SBI Innovative Opportunities Dir | Unrated | — | — | — | 0.62 | 6,951 | -11.59 | 1.00 (365) | 8M | 38.00 |
Portfolio Analysis of DSP Business Cycle Fund
| No. of Stocks | 43 |
| Top 10 Stocks | 41.77% |
| Top 5 Stocks | 24.12% |
| Top 3 Sectors | 39.12% |
| Portfolio P/B Ratio | 3.99 |
| Portfolio P/E Ratio | 25.60 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,06,979 | 1,19,802 |
| Giant (%) | 45.43 | 41.92 |
| Large (%) | 13.71 | 22.52 |
| Mid (%) | 31.44 | 28.45 |
| Small (%) | 9.42 | 12.17 |
| Tiny (%) | — | 0.60 |
Chanakya’s Mutual Fund Guidance For DSP Business Cycle Fund
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