GMP IPO Watch
DSP Business Cycle Fund
Regular Plan · IDCW · 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 | +4.65% | +3.52% | 54 of 255 |
| 1M | +4.27% | +1.97% | 43 of 255 |
| 3M | -3.63% | -3.45% | 126 of 252 |
| 6M | -0.21% | +2.92% | 164 of 251 |
| YTD | -1.40% | +1.21% | 135 of 255 |
| 1Y | -1.26% | +1.11% | 126 of 232 |
| INCEPTION | +0.83% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.46% | +14.32% | -10.70% | 66% | 26% |
| 6M | +2.92% | +15.71% | -8.99% | 73% | 30% |
| 1Y | +4.60% | +19.56% | -6.79% | 81% | 33% |
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 · Sep 2026
Asset Allocation
- Equity82.71%
- Debt0.00%
- Cash6.52%
- Other10.77%
Market Cap Split
- Large Cap65.09%
- Mid Cap12.39%
- Small Cap5.23%
- Others17.29%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 20.43 | 28.09 |
| P/B | 2.62 | 4.63 |
| Price / Sales | 2.10 | 3.31 |
| Price / Cash Flow | 11.70 | 21.08 |
| Dividend Yield (%) | 1.77 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| TREPS / Reverse Repo Investments | Reverse Repo / TREPS | 16.26% | — |
| NIFTY Oct26 | Index Futures | 10.77% | — |
| ICICI Bank | Banks | 9.85% | +0.41% |
| HDFC Bank | Banks | 9.55% | +1.06% |
| Axis Bank | Banks | 5.42% | -0.35% |
| Bharti Airtel | Telecom - Services | 4.44% | -0.16% |
| Larsen & Toubro | Construction | 3.98% | -0.22% |
| Reliance Industries | Petroleum Products | 3.12% | -0.24% |
| Mahindra & Mahindra | Automobiles | 3.11% | -0.25% |
| NTPC | Power | 2.71% | -0.05% |
| UltraTech Cement | Cement & Cement Products | 2.68% | -0.03% |
| DLF | Realty | 2.67% | -0.02% |
| Asian Paints | Consumer Durables | 2.63% | +0.00% |
| Maruti Suzuki | Automobiles | 2.30% | -0.21% |
| Hero Motocorp | Automobiles | 2.28% | +0.01% |
View all 58 holdings
| HDFC Life Insurance | Insurance | 1.61% | -0.08% |
| Hyundai Motor India | Automobiles | 1.45% | -0.13% |
| Schaeffler India | Auto Components | 1.24% | -0.04% |
| Page Industries | Textiles & Apparels | 1.19% | +0.01% |
| Voltas | Consumer Durables | 1.18% | -0.15% |
| Interglobe Aviation | Transport Services | 1.13% | +0.15% |
| Shree Cement | Cement & Cement Products | 1.06% | -0.04% |
| Power Grid Corporation of India | Power | 1.04% | -0.02% |
| LIC of India | Insurance | 0.96% | -0.05% |
| MCX | Capital Markets | 0.95% | -0.03% |
| Oil & Natural Gas Corporation | Oil | 0.93% | +0.07% |
| ICICI Prudential Life Insurance | Insurance | 0.86% | +0.32% |
| State Bank of India | Banks | 0.85% | +0.01% |
| Info Edge | Retailing | 0.83% | -0.33% |
| Bharat Petroleum | Petroleum Products | 0.81% | -0.06% |
| Apollo Tyres | Auto Components | 0.78% | -0.07% |
| United Breweries | Beverages | 0.77% | -0.10% |
| SBI Life Insurance | Insurance | 0.77% | -0.02% |
| Hindustan Petroleum | Petroleum Products | 0.68% | -0.03% |
| Max Financial Services | Insurance | 0.68% | -0.10% |
| Timken | Industrial Products | 0.66% | +0.38% |
| Bayer Crop Science | Fertilizers & Agrochemicals | 0.66% | -0.06% |
| Carborundum Universal | Industrial Products | 0.60% | -0.15% |
| Bank of Baroda | Banks | 0.53% | -0.02% |
| HDFC AMC | Capital Markets | 0.52% | +0.03% |
| Sudarshan Chemical Industries | Chemicals & Petrochemicals | 0.46% | -0.03% |
| Nippon Life India AMC | Capital Markets | 0.46% | -0.42% |
| Hindustan Aeronautics | Aerospace & Defense | 0.45% | -0.01% |
| Indus Towers | Telecom - Services | 0.43% | -0.02% |
| Canara HSBC Life Insurance Company | Insurance | 0.41% | -0.02% |
| TVS Motors | Automobiles | 0.39% | -0.02% |
| Siemens | Electrical Equipment | 0.39% | -0.08% |
| Trent | Retailing | 0.37% | -0.03% |
| Nuvoco Vistas Corporation | Cement & Cement Products | 0.28% | — |
| Aditya Birla Sun Life AMC | Capital Markets | 0.27% | -0.01% |
| CAMS | Capital Markets | 0.24% | — |
| La Opala RG | Consumer Durables | 0.23% | -0.03% |
| Atul | Chemicals & Petrochemicals | 0.22% | -0.02% |
| Chalet Hotels | Leisure Services | 0.21% | -0.02% |
| Siemens Energy | Electrical Equipment | 0.21% | +0.00% |
| Birla Corporation | Cement & Cement Products | 0.16% | +0.13% |
| GSPL Transmission | Gas | 0.05% | — |
| Net Receivables/Payables | Net Current Assets | -9.74% | — |
Sector Allocation · Sep 2026
View all 24 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 14.17 | 16.32 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.58 | -0.32 | Below Average |
| 3Y | -0.34 | -0.45 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.03 | 0.19 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From DSP Asset Managers Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
DSP World Mining Overseas Equity Omni FoF
Direct Plan · Growth
|
+30.57% | +26.29% | +17.28% | +8.14% |
| DSP Silver ETF | +25.96% | +36.34% | — | +31.49% |
|
DSP Silver ETF Fund of Fund
Direct Plan · IDCW
|
+24.85% | — | — | +54.98% |
|
DSP US Specific Equity Omni FoF
Direct Plan · Growth
|
+21.65% | +27.47% | +17.63% | +17.56% |
|
DSP World Gold Mining Overseas Equity Omni FoF
Direct Plan · IDCW
|
+21.32% | +42.73% | +20.32% | +5.96% |
|
DSP Global Clean Energy Overseas Equity Omni FoF
Direct Plan · Growth
|
+17.43% | +19.84% | +8.83% | +6.79% |
| DSP Gold ETF | +16.97% | +31.00% | — | +26.42% |
|
DSP Gold ETF Fund of Fund
Direct Plan · IDCW
|
+16.95% | — | — | +31.09% |
|
DSP Healthcare Fund
Direct Plan · Growth
|
+15.22% | +21.49% | +16.24% | +22.63% |
| DSP Nifty Healthcare ETF | +13.41% | — | — | +15.38% |
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.