DSP Banking & Financial Services Fund

DSP Mutual FundThematicPortfolio as of 31 July 2026

DSP Banking & Financial Services Fund holds 37 instruments (98.05% equity), led by ICICI Bank Limited (10.3%), Axis Bank Limited (7.09%) and Cholamandalam Investment and Finance Company Limited (5.76%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
37
Equity Allocation
98.05%
AMC
DSP Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of DSP Banking & Financial Services Fund, managed by DSP Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 37 instruments with an equity allocation of 98.05%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

DSP Banking & Financial Services Fund's top 10 holdings account for 54.88% of its portfolio, more concentrated than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 98.05% of net assets, spread across 1 sector in total. Since its 30 June 2026 disclosure, the fund added 2 new positions and exited 2 positions, with Multi Commodity Exchange of India Limited seeing the largest move (-1.36pp to 2.72%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

2 new entries2 exits9 increased10 reduced

Biggest Weight Increases

StockWeightChange
Max Financial Services Limited3.29% → 4.18%▲ +0.89
Ujjivan Small Finance Bank Limited4.02% → 4.57%▲ +0.55
Bajaj Finance Limited4.58% → 5.03%▲ +0.45
Karur Vysya Bank Limited2.47% → 2.76%▲ +0.29
PB Fintech Limited3.98% → 4.19%▲ +0.21
Canara HSBC Life Insurance Company Limited3.78% → 3.98%▲ +0.2
SBI Life Insurance Company Limited4.08% → 4.2%▲ +0.12
Kfin Technologies Limited0.83% → 0.93%▲ +0.1
ICICI Bank Limited10.2% → 10.3%▲ +0.1

Biggest Weight Reductions

StockWeightChange
Multi Commodity Exchange of India Limited4.08% → 2.72%▼ -1.36
Axis Bank Limited8.03% → 7.09%▼ -0.94
HDFC Bank Limited4.6% → 4.17%▼ -0.43
Bank of Maharashtra2.02% → 1.69%▼ -0.33
Aditya Birla Sun Life AMC Limited1.39% → 1.18%▼ -0.21
Aadhar Housing Finance Limited2.94% → 2.74%▼ -0.2
State Bank of India5.01% → 4.85%▼ -0.16
City Union Bank Limited3.7% → 3.54%▼ -0.16
Kotak Mahindra Bank Limited4.4% → 4.24%▼ -0.16
Shriram Finance Limited4.79% → 4.65%▼ -0.14

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 11.57%, Mar: 9.57%, Apr: 8.46%, May: 9.22%, Jun: 10.2%, Jul: 10.3%
10.3%
Feb: 7.78%, Mar: 8.59%, Apr: 8.02%, May: 7.95%, Jun: 8.03%, Jul: 7.09%
7.09%
Feb: 2.43%, Mar: 2.85%, Apr: 5.22%, May: 5.02%, Jun: 5.77%, Jul: 5.76%
5.76%
Feb: 4.66%, Mar: 5.23%, Apr: 4.7%, May: 4.45%, Jun: 4.58%, Jul: 5.03%
5.03%
Feb: 6.41%, Mar: 4.93%, Apr: 5.23%, May: 5.06%, Jun: 5.01%, Jul: 4.85%
4.85%

Full Portfolio (37 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services10.3%
2Axis Bank LimitedFinancial Services7.09%
3Cholamandalam Investment and Finance Company LimitedFinancial Services5.76%
4Bajaj Finance LimitedFinancial Services5.03%
5State Bank of IndiaFinancial Services4.85%
6Shriram Finance LimitedFinancial Services4.65%
7Ujjivan Small Finance Bank LimitedFinancial Services4.57%
8Kotak Mahindra Bank LimitedFinancial Services4.24%
9SBI Life Insurance Company LimitedFinancial Services4.2%
10PB Fintech LimitedFinancial Services4.19%
11Max Financial Services LimitedFinancial Services4.18%
12HDFC Bank LimitedFinancial Services4.17%
13Canara HSBC Life Insurance Company LimitedFinancial Services3.98%
14Aditya Birla Capital LimitedFinancial Services3.76%
15City Union Bank LimitedFinancial Services3.54%
16Karur Vysya Bank LimitedFinancial Services2.76%
17Aadhar Housing Finance LimitedFinancial Services2.74%
18Multi Commodity Exchange of India LimitedFinancial Services2.72%
19PNB Housing Finance LimitedFinancial Services2.43%
20Union Bank of IndiaFinancial Services2.41%
21TREPS / Reverse Repo Investmentstreps2.18%
22Bank of MaharashtraFinancial Services1.69%
23Prudent Corporate Advisory Services LimitedFinancial Services1.44%
24Nippon Life India Asset Management LimitedFinancial Services1.24%
25Aditya Birla Sun Life AMC LimitedFinancial Services1.18%
26BSE LimitedFinancial Services1.15%
27Bank of IndiaFinancial Services1.12%
28Kfin Technologies LimitedFinancial Services0.93%
29Tata Capital LimitedFinancial Services0.87%
30Seshaasai Technologies LimitedFinancial Services0.63%
31Billionbrains Garage Ventures LimitedFinancial Services0.2%
32ICICI Prudential Asset Management Company LimitedFinancial Services0.02%
33Bajaj Finserv LimitedFinancial Services0.01%
34Life Insurance Corporation Of IndiaFinancial Services0%
35ICICI Lombard General Insurance Company LimitedFinancial Services0%
36Power Finance Corporation LimitedFinancial Services0%
37Net Receivables/Payablesother-0.23%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 10.3% of DSP Banking & Financial Services Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 7.09% of DSP Banking & Financial Services Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Cholamandalam Investment and Finance Company Limited is 5.76% of DSP Banking & Financial Services Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, Bajaj Finance Limited is 5.03% of DSP Banking & Financial Services Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, State Bank of India is 4.85% of DSP Banking & Financial Services Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: DSP Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.