DSP Mutual Fund today (Tuesday, November 26, 2024) announced launching the DSP Business Cycle Fund, an open ended thematic equity fund following the business cycles-based investing theme.
The fund house says that the fund will provide investors with the opportunity to invest across various market capitalisations, including large, mid and small cap companies.
DSP Business Cycle Fund: Key subscription dates
The New Fund Offer (NFO) for the DSP Business Cycle Fund will open for subscription on November 27, 2024, and will close on December 11, 2024.
DSP Business Cycle Fund: Minimum investment
The minimum subscription amount is Rs 100 and any amount thereafter.
DSP Business Cycle Fund: Minimum SIP/STP/SWP investment
The minimum investment in each of them is Rs 100.
DSP Business Cycle Fund: Benchmark
The fund will follow the Nifty 500 TRI benchmark.
DSP Business Cycle Fund: Fund manager
Charanjit Singh will be the fund manager.
DSP Business Cycle Fund: Plans and options
It will offer direct and regular plans, and growth, and the income distribution cum capital withdrawal (IDCW) – payout and reinvestment option.
DSP Business Cycle Fund: Expense ratio
For the regular plan, the expense ratio is 2.25 per cent.
For the direct plan, the expense ratio is 0.5 per cent.
DSP Business Cycle Fund: 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.
DSP Business Cycle Fund: What fund manager says
“Timing entry and exit of themes can be tricky for investors on their own and may sometimes lead to errors. Redeploying capital after exiting a sector also calls for a thorough evaluation. DSP Business Cycle Fund is strategically designed to navigate through different phases of business cycles while managing risks effectively. We believe this fund will provide investors with a unique opportunity to capitalize on changing market dynamics.