GMP IPO Watch
DSP Business Cycle Fund
Direct Plan · Growth · DSP Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.90% | -1.28% | 104 of 255 |
| 1M | -4.74% | -4.58% | 124 of 253 |
| 3M | -6.49% | -2.57% | 220 of 251 |
| 6M | +4.58% | +11.42% | 206 of 251 |
| YTD | -4.08% | -0.16% | 159 of 255 |
| 1Y | -1.20% | +2.02% | 140 of 228 |
| INCEPTION | +0.21% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.26% | +14.75% | -10.36% | 71% | 28% |
| 6M | +4.09% | +16.59% | -8.31% | 83% | 34% |
| 1Y | +7.15% | +21.39% | -1.20% | 96% | 40% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Aug 2026
Asset Allocation
- Equity83.28%
- Debt0.02%
- Cash6.78%
- Other9.92%
Market Cap Split
- Large Cap65.43%
- Mid Cap13.29%
- Small Cap4.56%
- Others16.72%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 21.71 | 29.02 |
| P/B | 2.80 | 4.72 |
| Price / Sales | 2.22 | 3.42 |
| Price / Cash Flow | 12.40 | 21.70 |
| Dividend Yield (%) | 1.66 | 1.17 |
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| TREPS / Reverse Repo Investments | Reverse Repo / TREPS | 15.24% | — |
| NIFTY Sep26 | Index Futures | 9.92% | — |
| ICICI Bank | Banks | 9.44% | +0.02% |
| HDFC Bank | Banks | 8.49% | -0.54% |
| Axis Bank | Banks | 5.77% | +0.05% |
| Bharti Airtel | Telecom - Services | 4.60% | +0.11% |
| Larsen & Toubro | Construction | 4.20% | -0.09% |
| Reliance Industries | Petroleum Products | 3.36% | -0.26% |
| Mahindra & Mahindra | Automobiles | 3.36% | -0.30% |
| NTPC | Power | 2.76% | -0.31% |
| UltraTech Cement | Cement & Cement Products | 2.71% | -0.25% |
| DLF | Realty | 2.69% | +0.00% |
| Asian Paints | Consumer Durables | 2.63% | -0.12% |
| Maruti Suzuki | Automobiles | 2.51% | -0.26% |
| Hero Motocorp | Automobiles | 2.27% | -0.08% |
View all 56 holdings
| HDFC Life Insurance | Insurance | 1.69% | -0.10% |
| Hyundai Motor India | Automobiles | 1.58% | -0.06% |
| Voltas | Consumer Durables | 1.33% | -0.22% |
| Schaeffler India | Auto Components | 1.28% | -0.09% |
| Page Industries | Textiles & Apparels | 1.18% | -0.01% |
| Info Edge | Retailing | 1.16% | +0.03% |
| Shree Cement | Cement & Cement Products | 1.10% | -0.20% |
| Power Grid Corporation of India | Power | 1.06% | -0.08% |
| LIC of India | Insurance | 1.01% | — |
| MCX | Capital Markets | 0.98% | +0.16% |
| Interglobe Aviation | Transport Services | 0.98% | -0.03% |
| Nippon Life India AMC | Capital Markets | 0.88% | -0.04% |
| United Breweries | Beverages | 0.87% | -0.13% |
| Bharat Petroleum | Petroleum Products | 0.87% | +0.13% |
| Oil & Natural Gas Corporation | Oil | 0.86% | -0.08% |
| Apollo Tyres | Auto Components | 0.85% | -0.02% |
| State Bank of India | Banks | 0.84% | +0.09% |
| SBI Life Insurance | Insurance | 0.79% | -0.11% |
| Max Financial Services | Insurance | 0.78% | +0.00% |
| Carborundum Universal | Industrial Products | 0.75% | -0.01% |
| Bayer Crop Science | Fertilizers & Agrochemicals | 0.72% | -0.09% |
| Hindustan Petroleum | Petroleum Products | 0.71% | +0.08% |
| Bank of Baroda | Banks | 0.55% | -0.03% |
| ICICI Prudential Life Insurance | Insurance | 0.54% | -0.03% |
| Sudarshan Chemical Industries | Chemicals & Petrochemicals | 0.49% | -0.24% |
| HDFC AMC | Capital Markets | 0.49% | — |
| Siemens | Electrical Equipment | 0.47% | -0.09% |
| Hindustan Aeronautics | Aerospace & Defense | 0.46% | -0.15% |
| Indus Towers | Telecom - Services | 0.45% | -0.02% |
| Canara HSBC Life Insurance Company | Insurance | 0.43% | — |
| TVS Motors | Automobiles | 0.41% | -0.02% |
| Trent | Retailing | 0.40% | -0.04% |
| Aditya Birla Sun Life AMC | Capital Markets | 0.28% | +0.00% |
| Timken | Industrial Products | 0.28% | -0.01% |
| La Opala RG | Consumer Durables | 0.26% | — |
| Atul | Chemicals & Petrochemicals | 0.24% | -0.02% |
| Chalet Hotels | Leisure Services | 0.23% | — |
| Siemens Energy | Electrical Equipment | 0.21% | -0.01% |
| Birla Corporation | Cement & Cement Products | 0.03% | — |
| TVS Motor Co Limited** | Debt | 0.02% | +0.00% |
| Net Receivables/Payables | Net Current Assets | -8.46% | — |
Sector Allocation · Aug 2026
View all 23 sectors
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.21 | — | Poor Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.28 | — | Poor Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+125.07% | +61.55% | — | +32.55% |
|
Franklin Asian Equity Fund
Regular Plan · IDCW
|
+31.28% | +22.70% | +6.52% | +4.42% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+28.99% | +22.97% | +10.76% | +9.17% |
|
Motilal Oswal Active Momentum Fund
Direct Plan · Growth
|
+26.04% | — | — | +27.23% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.57% | +29.81% | — | +29.73% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+25.46% | — | — | +19.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+24.20% | — | — | +11.25% |
|
Motilal Oswal Special Opportunities Fund
Direct Plan · Growth
|
+19.68% | — | — | +19.59% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+19.63% | — | — | +8.42% |
|
Edelweiss Recently Listed IPO Fund
Regular Plan · Growth
|
+19.17% | +15.58% | +9.91% | +14.76% |
More From DSP Asset Managers Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| DSP Silver ETF | +52.35% | +47.45% | — | +38.32% |
|
DSP Silver ETF Fund of Fund
Direct Plan · IDCW
|
+50.75% | — | — | +81.98% |
|
DSP World Mining Overseas Equity Omni FoF
Direct Plan · Growth
|
+39.49% | +28.39% | +20.72% | +8.86% |
|
DSP US Specific Equity Omni FoF
Direct Plan · Growth
|
+31.45% | +28.56% | +19.67% | +17.96% |
|
DSP World Gold Mining Overseas Equity Omni FoF
Direct Plan · IDCW
|
+28.44% | +51.43% | +25.17% | +6.88% |
| DSP Gold ETF | +25.47% | +36.24% | — | +28.71% |
|
DSP Gold ETF Fund of Fund
Direct Plan · IDCW
|
+25.12% | — | — | +34.07% |
|
DSP Global Innovation Overseas Equity Omni FoF
Direct Plan · Growth
|
+24.14% | +29.95% | — | +20.17% |
|
DSP Global Clean Energy Overseas Equity Omni FoF
Direct Plan · Growth
|
+23.17% | +19.51% | +10.68% | +6.87% |
|
DSP Small Cap Fund
Direct Plan · Growth
|
+16.51% | +16.79% | +16.84% | +21.23% |
About This Scheme
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. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
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
Exit Load
If the units redeemed or switched out on or before 1 month from the date of allotment - 0.5%, If units are redeemed or switched out after 1 month from the date of allotment - Nil
Fund Managers
Mr. Anish Tawakley, Mr. Sandeep Yadav, Ms. Aparna Karnik
Mr. Anish Tawakley - primary , Mr. Sandeep Yadav - comanage , Ms. Aparna Karnik - comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.