DSP Business Cycle Fund - Regular - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +3.4% annualized alpha (excess return) over its benchmark.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +10.39% | +6.32% | +4.07% |
| 3 Months | +2.36% | -0.20% | +2.56% |
| 6 Months | +5.73% | +5.98% | -0.25% |
| 1 Year | +4.88% | +3.90% | +0.98% |
| Since Inception | +3.83% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +4.50% | +4.03% | +0.47% |
| 2025 | +2.73% | +1.43% | +1.30% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -6.79% | +4.54% | +4.10% | +19.34% | 81.0% | 86.4% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2025-01-02 | 2025-02-28 | -15.0% | 2 months | 4 months |
| 2026-02-11 | 2026-03-30 | -12.0% | 2 months | 3 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| A. Equity and Equity related instruments based on business cycle | 80% - 100%, B. Equity and Equity related instruments other than business cycle : 0% - 20%, C. Debt and Money Market Instruments : 0% - 20%, D. Units issued by InvITs : 0% - 10%. For detailed asset allocation, please refer to the Scheme Information Document |
Investment Objective & Strategy
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. There is no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,698 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Edelweiss Technology Fund | 5.5 | - | 2.42% | 11.6% | Rs 819 cr | Compare → |
| ITI Bharat Consumption Fund | 4.6 | - | 2.56% | 109.3% | Rs 370 cr | Compare → |
| Union Business Cycle Fund | 4.3 | - | 3.03% | 94.4% | Rs 510 cr | Compare → |
| Motilal Oswal Digital India Fund | 4.5 | - | - | 61.2% | Rs 1,015 cr | Compare → |
| Tata India Innovation Fund | 5.8 | - | 2.39% | 73.4% | Rs 1,302 cr | Compare → |
Frequently Asked Questions about DSP Business Cycle Fund
What is the expense ratio of DSP Business Cycle Fund?
DSP Business Cycle Fund has a total expense ratio (TER) of 2.51% with a base expense ratio of 1.79%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages DSP Business Cycle Fund?
DSP Business Cycle Fund is managed by Anish Tawakley (tenure: 0.5 years since 2026-05-01).
What are the historical returns of DSP Business Cycle Fund?
DSP Business Cycle Fund has a 1-year return of +4.88%.
How large is DSP Business Cycle Fund?
DSP Business Cycle Fund manages assets of Rs 1,698 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is DSP Business Cycle Fund scored on MFIQ?
DSP Business Cycle Fund holds an MFIQ Score of 5.6/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is DSP Business Cycle Fund?
DSP Business Cycle Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.58% with a maximum historical drawdown of -14.98%.