Investment Objective and Approach

DSP Business Cycle Fund aims 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. This is an open ended equity scheme following business cycles based investing theme.

The fund employs a sophisticated investment strategy that sets it apart from conventional thematic funds:

- Framework-Driven Selection: Framework-driven selection of industries & companies with high growth / turnaround potential

- Dynamic Allocation: Flexibility to aggressively allocate significant weights to industries in an upcycle

- Risk Management: Does not shy away from taking cash calls or using other risk management strategies

- Unconstrained Approach: Given its aggressive approach, the fund may have zero allocation to sectors/industries that are unattractive irrespective of their significance in the benchmark

The investment decision is made using a combination of Excess Returns + Valuations + Profitability & Cashflow Drivers + Industry Ownership (wherever applicable). The investment strategy focuses on dynamically allocating assets to industries and sectors that exhibit strong growth potential, improving fundamentals, and attractive valuations.

Fund Managers

Charanjit Singh is the primary fund manager for the DSP Business Cycle Fund, managing this fund since November 2024. He has a total work experience of over 16 years and joined DSP Mutual Fund in September 2018 as Assistant Vice President in Equity Team. Charanjit has also worked with B&K Securities, Axis Capital, BNP Paribas Securities, Thomas Weisel Partners, HSBC, IDC Corp and Frost & Sullivan.

He holds an MBA in Finance and also holds a B.Tech in Electronics and Communication. His extensive experience across different market cycles and financial institutions brings valuable insights to managing this business cycle-focused fund.

About the Fund House (AMC)

DSP Mutual Fund, headquartered in Mumbai and founded in 1996, is a well-established asset management company (AMC) in India, managed by DSP Investment Managers Pvt. Ltd. DSP Group is a 152-year old financial company. The firms started stockbroking business back in the 1860s.

Key highlights of DSP Asset Managers:

- Legacy and Experience: 28+ years of crafting intentional, responsible investment decisions for assured outcomes

- Asset Size: DSP Asset Managers Private Limited is managing 84 schemes with an Asset under Management of ₹ 13,613.60 crores (as of recent data)

- Professional Management: A professionally managed, family-owned asset management firm, combining family ownership and professional management

Core Values:

- We place our investors' interests ahead of our own in every decision

- We are always honest, ethical, and transparent in our actions. We act with integrity and honour our responsibility to our investors

- We follow a rigorous, rules-based analytical approach and risk management, which helps us navigate market complexities with better precision and higher confidence

It offers a vast range of mutual fund schemes across equity, debt, and hybrid categories along with the international fund of funds, exchange-traded funds, and also close-ended funds.

Should I Invest in DSP Business Cycle Fund?

The DSP Business Cycle Fund is designed for specific types of investors who understand the nuances of business cycle investing:

Ideal for investors who:

- Have an investment horizon of 5+ years

- Are an experienced investor & know what you're doing

- Accept that equity investing means exposure to risk

- Recognize market falls as good opportunities to invest more

Key Investment Details (as of latest available data):

- Latest NAV: ₹9.9040 as of 07-Jun-2025

- Launch Date: 27-11-2024

- Risk Level: Very High risk

- Minimum Investment: Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100

- Exit Load: 0.5% for redemption within 1 Month

- Benchmark: NIFTY 500 TRI

The fund is particularly suitable for investors seeking exposure to sectoral and thematic opportunities who understand that it is suitable for all market phases given its unconstrained nature.

FAQs

What is today's NAV of DSP Business Cycle Fund?

The latest declared NAV of DSP Business Cycle Fund is ₹9.9040 as of 07-Jun-2025. NAV updates daily and can be checked on the DSP Mutual Fund website or through investment platforms.

What is the AUM of DSP Business Cycle Fund?

Being a newly launched fund in November 2024, the AUM is still building up as it attracts more investors to this thematic investment strategy.

What is the expense ratio of DSP Business Cycle Fund?

The fund has an expense ratio of 2.18 for the regular plan, which is typical for thematic equity funds given their active management approach.

What are the returns of DSP Business Cycle Fund since inception?

The 1-year, 3-year and 5-year returns of this fund were 0.00, 0.00 and 0.00 respectively as the fund was launched recently in November 2024, making it too early to evaluate long-term performance.

What is the minimum SIP amount to invest in DSP Business Cycle Fund?

The minimum investment required to start investing in DSP Business Cycle Fund is ₹100 for the SIP (Systematic Investment Plan) option.

How do I invest in DSP Business Cycle Fund?

You can invest in DSP Business Cycle Fund through Allvest platform or directly through the DSP Mutual Fund website. You can conveniently invest through various platforms, alternatively, mutual funds can also be purchased directly from the respective fund house's website, DSP Business Cycle Fund can be bought from the DSP Mutual Fund website.

How to start a SIP in DSP Business Cycle Fund?

You can start a SIP in DSP Business Cycle Fund through Allvest with just ₹100 minimum investment. Complete your KYC, select the fund, choose SIP frequency, and set up auto-debit for seamless investing.

How do I automate an SIP in DSP Business Cycle Fund?

After setting up your SIP through Allvest, enable auto-debit from your bank account to ensure automated monthly investments without manual intervention.

How can I withdraw/redeem my investment in DSP Business Cycle Fund?

You can redeem your DSP Business Cycle Fund investment through Allvest platform or DSP Mutual Fund website. Note that there is a 0.5% exit load for redemption within 1 Month of investment.