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DSP Business Cycle Fund
Thematic-Business CycleRank #15
Not Rated
NAV (2026-09-07)
₹10.23
AUM
₹1,334.42 Cr
Exp. Ratio: 2.64%
RISK LEVEL
Very High
Returns & Performance
1 Year3.06%1.81% vs cat avgRank #13
3 Year----
5 Year----
Since Launch1.32%10.97% vs cat avg
Fund vs Category Average
1Y
3.06%-1.81%
Pros & Cons
Pros
✔No lock-in period
✔Decent 1Y category rank (#13)
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖Higher expense ratio (2.64%)
✖Overall rank #15 in category
✖Returns since launch below category avg
ISININF740KA1US7
NAV₹10.23
NAV Date2026-09-07
AUM₹1,334.42 Cr
Expense Ratio2.64%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1996-12-16
INVESTMENT OBJECTIVE
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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Aparna Karnik
Ms. Karnik is a Masters in Management Studies.
Prior to joining DSP Mutual Fund, she has worked with CRISIL Ratings.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of DSP Business Cycle Fund is ₹10.23 as of 2026-09-07.
DSP Business Cycle Fund is classified as a Thematic-Business Cycle fund.
The Assets Under Management (AUM) of DSP Business Cycle Fund is ₹1,334.42 Cr.
The expense ratio of DSP Business Cycle Fund is 2.64%.
DSP Business Cycle Fund is managed by Aparna Karnik.
The minimum SIP investment for DSP Business Cycle Fund is ₹100.
As per the SEBI Riskometer, DSP Business Cycle Fund carries a Very High risk level.
DSP Business Cycle Fund has delivered 3.06% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-09-07.
DSP Business Cycle Fund was launched on 1996-12-16.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
