Sectoral / ThematicDSP Mutual Fund

Business Cycle Fund

Portfolio as on Apr 2026 · 52 equity positions

Equity positions

Equity value

₹1,031 Cr

Top holding

7.87%

HDFC Bank Limited

Top holdings

#
1	HDFC Bank LimitedBanks	7.87%	₹89.97 Cr	11.66 L
2	Axis Bank LimitedBanks	6.98%	₹79.80 Cr	6.29 L
3	ICICI Bank LimitedBanks	6.66%	₹76.13 Cr	6.03 L
4	Mahindra & Mahindra LimitedAutomobiles	4.08%	₹46.65 Cr	1.51 L
5	Larsen & Toubro LimitedConstruction	3.49%	₹39.88 Cr	99.4K
6	Bharti Airtel LimitedTelecom - Services	3.28%	₹37.44 Cr	1.98 L
7	Multi Commodity Exchange of India LimitedCapital Markets	3.24%	₹37.08 Cr	1.25 L
8	NTPC LimitedPower	3.11%	₹35.59 Cr	8.92 L
9	Maruti Suzuki India LimitedAutomobiles	3.04%	₹34.77 Cr	26.1K
10	Asian Paints LtdConsumer Durables	2.72%	₹31.06 Cr	1.27 L
11	Voltas LtdConsumer Durables	2.04%	₹23.33 Cr	1.63 L
12	Amber Enterprises India LimitedConsumer Durables	2.02%	₹23.08 Cr	28.8K
13	Coforge LimitedIT - Software	1.95%	₹22.27 Cr	1.86 L
14	Nippon Life India Asset Management LimitedCapital Markets	1.79%	₹20.41 Cr	2.02 L
15	Oberoi Realty LimitedRealty	1.72%	₹19.62 Cr	1.17 L
16	Gland Pharma LimitedPharmaceuticals & Biotechnology	1.63%	₹18.67 Cr	1.07 L
17	Kalpataru Projects International LtdConstruction	1.61%	₹18.46 Cr	1.48 L
18	HDFC Life Insurance Company LimitedInsurance	1.50%	₹17.12 Cr	2.92 L
19	TVS Motor Company LtdAutomobiles	1.48%	₹16.87 Cr	48.3K
20	Samvardhana Motherson International LimitedAuto Components	1.46%	₹16.73 Cr	13.80 L
21	State Bank of IndiaBanks	1.45%	₹16.59 Cr	1.55 L
22	Schaeffler India LtdAuto Components	1.45%	₹16.54 Cr	40.1K
23	Coromandel International LimitedFertilizers & Agrochemicals	1.30%	₹14.86 Cr	75.0K
24	United Breweries LtdBeverages	1.25%	₹14.33 Cr	98.2K
25	Siemens LtdElectrical Equipment	1.18%	₹13.50 Cr	35.5K
26	Greenlam Industries LimitedConsumer Durables	1.16%	₹13.28 Cr	5.88 L
27	Syngene International LimitedHealthcare Services	1.14%	₹12.98 Cr	2.78 L
28	Bayer Cropscience LimitedFertilizers & Agrochemicals	1.12%	₹12.77 Cr	26.8K
29	Cyient LimitedIT - Services	1.11%	₹12.72 Cr	1.46 L
30	IPCA Laboratories LimitedPharmaceuticals & Biotechnology	1.11%	₹12.64 Cr	82.5K
31	JSW Infrastructure LtdTransport Infrastructure	1.02%	₹11.70 Cr	4.30 L
32	Apollo Tyres LtdAuto Components	1.02%	₹11.65 Cr	2.85 L
33	SIEMENS ENERGY INDIA LTDElectrical Equipment	1.02%	₹11.62 Cr	35.5K
34	Hyundai Motor India LtdAutomobiles	1.02%	₹11.61 Cr	63.9K
35	Hero MotoCorp LimitedAutomobiles	1.01%	₹11.57 Cr	22.7K
36	Max Financial Services LimitedInsurance	1.01%	₹11.49 Cr	72.5K
37	Apollo Hospitals Enterprise LimitedHealthcare Services	0.99%	₹11.36 Cr	14.9K
38	Ultratech Cement LtdCement & Cement Products	0.99%	₹11.27 Cr	9.7K
39	Triveni Engineering & Industries LimitedAgricultural Food & other Products	0.95%	₹10.81 Cr	2.62 L
40	Carborundum Universal LtdIndustrial Products	0.89%	₹10.22 Cr	1.07 L
41	Mphasis LtdIT - Software	0.84%	₹9.64 Cr	42.4K
42	Cipla LimitedPharmaceuticals & Biotechnology	0.83%	₹9.44 Cr	72.1K
43	Sudarshan Chemical Industries LimitedChemicals & Petrochemicals	0.81%	₹9.22 Cr	1.01 L
44	SBI Life Insurance Company LimitedInsurance	0.78%	₹8.87 Cr	48.7K
45	Angel One LimitedCapital Markets	0.52%	₹6.00 Cr	1.94 L
46	Interglobe Aviation LtdTransport Services	0.48%	₹5.48 Cr	12.8K
47	Kovai Medical Center and Hospital LimitedHealthcare Services	0.46%	₹5.26 Cr	9.3K
48	ICICI Prudential Life Insurance Company LtdInsurance	0.44%	₹5.01 Cr	97.5K
49	Navin Fluorine International LimitedChemicals & Petrochemicals	0.42%	₹4.83 Cr	7.1K
50	Sheela Foam LtdConsumer Durables	0.42%	₹4.78 Cr	94.0K
51	INOX India LtdIndustrial Products	0.19%	₹2.17 Cr	14.9K
52	H.G. Infra Engineering LimitedConstruction	0.15%	₹1.69 Cr	28.4K

Equity holdings only, ISIN-verified, from DSP Mutual Fund's public monthly portfolio disclosure (Apr 2026). Not investment advice.