DSP Dynamic Asset Allocation Fund

DSP Mutual FundHybridPortfolio as of 30 September 2026

DSP Dynamic Asset Allocation Fund holds 87 instruments (73.01% equity), led by ICICI Bank Limited (7.41%), HDFC Bank Limited (7.28%) and Axis Bank Limited (4.96%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
87
Equity Allocation
73.01%
AMC
DSP Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of DSP Dynamic Asset Allocation Fund, managed by DSP Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 87 instruments with an equity allocation of 73.01%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

DSP Dynamic Asset Allocation Fund's top 10 holdings account for 39.26% of its portfolio, more concentrated than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 41.62% of net assets, spread across 10 sectors in total. Since its 31 August 2026 disclosure, the fund added 2 new positions and exited 2 positions, with Hindustan Aeronautics Limited seeing the largest move (-1.41pp to 0.55%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
41.62%
Other
10.08%
Consumer Discretionary
8.44%
Energy
4.06%
Healthcare
4.03%
Telecommunication
3.96%
Consumer Staples
3.26%
Materials
2.99%
Industrials
1.99%
Information Technology
1.42%
Utilities
1.24%

Top 10 Equity Holdings

What Changed: August 2026 → September 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 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Tata Steel Limited0.79% → 1.79%▲ +1
Alkem Laboratories Limited0.35% → 1.03%▲ +0.68
Kotak Mahindra Bank Limited3.26% → 3.86%▲ +0.6
Hyundai Motor India Limited0.41% → 0.78%▲ +0.37
NTPC Limited0.91% → 1.24%▲ +0.33
SBI Life Insurance Company Limited1.28% → 1.55%▲ +0.27
HDFC Life Insurance Company Limited1.13% → 1.36%▲ +0.23
Bharat Electronics Limited0.74% → 0.97%▲ +0.23
Infosys Limited0.49% → 0.69%▲ +0.2
Bandhan Bank Limited1.67% → 1.87%▲ +0.2

Biggest Weight Reductions

StockWeightChange
Hindustan Aeronautics Limited1.96% → 0.55%▼ -1.41
ICICI Bank Limited7.9% → 7.41%▼ -0.49
ETERNAL LIMITED1.15% → 0.8%▼ -0.35
State Bank of India4.57% → 4.27%▼ -0.3
HDFC Bank Limited7.46% → 7.28%▼ -0.18
Titan Company Limited2% → 1.85%▼ -0.15
Axis Bank Limited5.1% → 4.96%▼ -0.14
PB Fintech Limited0.64% → 0.5%▼ -0.14
Tata Capital Limited0.71% → 0.6%▼ -0.11
Coforge Limited0.84% → 0.73%▼ -0.11

Top Holdings — Weight Trend

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

Apr: 7.25%, May: 8.39%, Jun: 8.1%, Jul: 7.84%, Aug: 7.9%, Sept: 7.41%
7.41%
Apr: 8.69%, May: 7.4%, Jun: 8.07%, Jul: 7.92%, Aug: 7.46%, Sept: 7.28%
7.28%
Apr: 3.03%, May: 4.67%, Jun: 5.1%, Jul: 4.61%, Aug: 5.1%, Sept: 4.96%
4.96%
Apr: 3.09%, May: 3.29%, Jun: 4.09%, Jul: 4.46%, Aug: 4.57%, Sept: 4.27%
4.27%
Apr: 1.66%, May: 3.51%, Jun: 3.88%, Jul: 4.08%, Aug: 3.96%, Sept: 3.96%
3.96%

Full Portfolio (87 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services7.41%
2HDFC Bank LimitedFinancial Services7.28%
3Axis Bank LimitedFinancial Services4.96%
4State Bank of IndiaFinancial Services4.27%
5Bharti Airtel LimitedTelecommunication3.96%
6TREPS / Reverse Repo Investmentstreps—3.87%
7Kotak Mahindra Bank LimitedFinancial Services3.86%
8Bajaj Finserv LimitedFinancial Services2.01%
9Bandhan Bank LimitedFinancial Services1.87%
10Titan Company LimitedConsumer Discretionary1.85%
11Tata Steel LimitedMaterials1.79%
127.06% Government of India (MD )bond—1.69%
13SBI Life Insurance Company LimitedFinancial Services1.55%
14Reliance Industries LimitedEnergy1.5%
15LG Electronics India LimitedConsumer Discretionary1.48%
16Oil & Natural Gas Corporation LimitedEnergy1.46%
177.17% Government Securities - 17/04/20230bond—1.41%
18Cipla LimitedHealthcare1.4%
19Life Insurance Corporation Of IndiaFinancial Services1.4%
207.77% REC Limitedbond—1.4%
21Bajaj Finance Limitedbond—1.39%
22HDFC Life Insurance Company LimitedFinancial Services1.36%
237.07% LIC Hsg Fin Tr 455 NCD (MD )bond—1.35%
247.48% National Bank for Agriculture and Rural Development (MD )bond—1.35%
25Mahindra & Mahindra LimitedConsumer Discretionary1.3%
26NTPC LimitedUtilities1.24%
27Hindalco Industries LimitedMaterials1.2%
28Bank of BarodaFinancial Services1.14%
297.32% Government of India (MD )bond—1.13%
30Bharat Petroleum Corporation LimitedEnergy1.1%
31Punjab National BankFinancial Services1.1%
32Hindustan Unilever LimitedConsumer Staples1.07%
33Max Financial Services LimitedFinancial Services1.07%
347.60% Torrent Pharmaceuticals Ltd. (MD )bond—1.07%
35Mankind Pharma LimitedHealthcare1.04%
36Alkem Laboratories LimitedHealthcare1.03%
37PNB Housing Finance LimitedFinancial Services1.01%
38ITC LimitedConsumer Staples0.97%
39Bharat Electronics LimitedIndustrials0.97%
40Small Industries Development Bank of India - 7.34%bond—0.94%
41Century Plyboards (India) LimitedConsumer Discretionary0.81%
42ETERNAL LIMITEDConsumer Discretionary0.8%
43Hyundai Motor India LimitedConsumer Discretionary0.78%
44Coforge LimitedInformation Technology0.73%
458.95% Bharti Telecom Ltd. (MD )bond—0.73%
4608.20 % INDIA UNIVERSAL TRUST AL1 - ^^bond—0.73%
477.82% Bajaj Finance Limitedbond—0.71%
487.88% Muthoot Finance Ltd 45-B OpI (MD )bond—0.71%
496.66% National Bank for Agriculture and Rural Development (MD )bond—0.7%
507.45% Power Finance Corporation Limited 2028bond—0.7%
51Infosys LimitedInformation Technology0.69%
527.85% Muthoot Finance Ltd. (MD )bond—0.69%
538.40% Muthoot Finance Limitedbond—0.69%
547.71% Government of India 2066bond—0.69%
55REC Limitedbond—0.68%
568.4% Cholamandalam Investment and Finance Company Ltdbond—0.68%
576.94% Central Government Securitiesbond—0.68%
58National Bank for Financing Infrastructure and Developmentbond—0.67%
59National Bank for Financing Infrastructure and Developmentbond—0.66%
60CD - HDFC BANK LTDbond—0.66%
61Emami LimitedConsumer Staples0.65%
62INDIAN BANK CD REDbond—0.64%
63Maruti Suzuki India LimitedConsumer Discretionary0.63%
64Tata Capital LimitedFinancial Services0.6%
65Samvardhana Motherson International LimitedConsumer Discretionary0.58%
66Mrs. Bectors Food Specialities LimitedConsumer Staples0.57%
67Syngene International LimitedHealthcare0.56%
68Hindustan Aeronautics LimitedIndustrials0.55%
69PB Fintech LimitedFinancial Services0.5%
70Tata Motors LimitedIndustrials0.47%
71Canara HSBC Life Insurance Company LimitedFinancial Services0.23%
72La Opala RG LimitedConsumer Discretionary0.21%
737.4% Bharti Telecom Limited 2029bond—0.21%
74Net Receivables/Payablesother—0.14%
75NIFTY 23300 Callother—0.02%
76Tata Steel Limitedother—-0.82%
77Kotak Mahindra Bank Limitedother—-1%
78Axis Bank Limitedother—-1.03%
79Punjab National Bankother—-1.11%
80Bank of Barodaother—-1.15%
81Hindalco Industries Limitedother—-1.21%
82State Bank of Indiaother—-1.36%
83HDFC Bank Limitedother—-1.57%
84ICICI Bank Limitedother—-1.7%
85Titan Co Limitedother—-1.87%
86Bandhan Bank Limitedother—-1.88%
87Bharti Airtel Limitedother—-2.21%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 7.41% of DSP Dynamic Asset Allocation Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 7.28% of DSP Dynamic Asset Allocation Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Axis Bank Limited is 4.96% of DSP Dynamic Asset Allocation Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, State Bank of India is 4.27% of DSP Dynamic Asset Allocation Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 3.96% of DSP Dynamic Asset Allocation 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 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.