DSP Dynamic Asset Allocation Fund

DSP Mutual FundHybridPortfolio as of 31 July 2026

DSP Dynamic Asset Allocation Fund holds 91 instruments (68.99% equity), led by HDFC Bank Limited (7.92%), ICICI Bank Limited (7.84%) and Axis Bank Limited (4.61%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
91
Equity Allocation
68.99%
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 31 July 2026. The fund holds 91 instruments with an equity allocation of 68.99%. 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 40.06% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 40.13% of net assets, spread across 10 sectors in total. Since its 30 June 2026 disclosure, the fund added 3 new positions and exited 2 positions, with Tata Power Company Limited seeing the largest move (-1.41pp to 0.48%).

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.

3 new entries2 exits10 increased7 reduced

Biggest Weight Increases

StockWeightChange
Bajaj Finserv Limited1.05% → 2.01%▲ +0.96
Hindustan Aeronautics Limited1.8% → 2.38%▲ +0.58
State Bank of India4.09% → 4.46%▲ +0.37
Max Financial Services Limited0.75% → 1%▲ +0.25
Bharti Airtel Limited3.88% → 4.08%▲ +0.2
Info Edge (India) Limited0.73% → 0.91%▲ +0.18
Titan Company Limited1.76% → 1.92%▲ +0.16
Mahindra & Mahindra Limited1.33% → 1.46%▲ +0.13
ETERNAL LIMITED0.94% → 1.06%▲ +0.12
Coforge Limited0.64% → 0.74%▲ +0.1

Biggest Weight Reductions

StockWeightChange
Tata Power Company Limited1.89% → 0.48%▼ -1.41
Axis Bank Limited5.1% → 4.61%▼ -0.49
Mankind Pharma Limited1.34% → 1%▼ -0.34
Bandhan Bank Limited2.12% → 1.79%▼ -0.33
ICICI Bank Limited8.1% → 7.84%▼ -0.26
Bank of Baroda1.33% → 1.17%▼ -0.16
HDFC Bank Limited8.07% → 7.92%▼ -0.15

Top Holdings — Weight Trend

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

Feb: 8.13%, Mar: 8.43%, Apr: 8.69%, May: 7.4%, Jun: 8.07%, Jul: 7.92%
7.92%
Feb: 5.18%, Mar: 6.95%, Apr: 7.25%, May: 8.39%, Jun: 8.1%, Jul: 7.84%
7.84%
Feb: 1.71%, Mar: 2.09%, Apr: 3.03%, May: 4.67%, Jun: 5.1%, Jul: 4.61%
4.61%
Feb: 1.68%, Mar: 2.12%, Apr: 3.09%, May: 3.29%, Jun: 4.09%, Jul: 4.46%
4.46%
Feb: 1.38%, Mar: 1.37%, Apr: 1.66%, May: 3.51%, Jun: 3.88%, Jul: 4.08%
4.08%

Full Portfolio (91 holdings)

#HoldingSector% to NAV
1HDFC Bank LimitedFinancial Services7.92%
2ICICI Bank LimitedFinancial Services7.84%
3Axis Bank LimitedFinancial Services4.61%
4State Bank of IndiaFinancial Services4.46%
5Bharti Airtel LimitedTelecommunication4.08%
6Kotak Mahindra Bank LimitedFinancial Services3.05%
77.32% Government of India (MD )bond2.9%
8TREPS / Reverse Repo Investmentstreps2.82%
96.94% Central Government Securitiesbond2.69%
10Hindustan Aeronautics LimitedIndustrials2.38%
11Bajaj Finserv LimitedFinancial Services2.01%
12Titan Company LimitedConsumer Discretionary1.92%
13Bandhan Bank LimitedFinancial Services1.79%
147.06% Government of India (MD )bond1.64%
15Cipla LimitedHealthcare1.49%
16Mahindra & Mahindra LimitedConsumer Discretionary1.46%
177.48% National Bank for Agriculture and Rural Development (MD )bond1.4%
18SBI Life Insurance Company LimitedFinancial Services1.39%
197.17% Government Securities - 17/04/20230bond1.38%
207.77% REC Limitedbond1.36%
217.71% GOI MAT 180566bond1.36%
22Bajaj Finance Limitedbond1.35%
237.07% LIC Hsg Fin Tr 455 NCD (MD )bond1.32%
24LG Electronics India LimitedConsumer Discretionary1.24%
25Hindalco Industries LimitedMaterials1.21%
26Bank of BarodaFinancial Services1.17%
27Hindustan Unilever LimitedConsumer Staples1.16%
28HDFC Life Insurance Company LimitedFinancial Services1.15%
29Bharat Petroleum Corporation LimitedEnergy1.13%
30Punjab National BankFinancial Services1.07%
31ETERNAL LIMITEDConsumer Discretionary1.06%
327.60% Torrent Pharmaceuticals Ltd. (MD )bond1.04%
33Mankind Pharma LimitedHealthcare1%
34Max Financial Services LimitedFinancial Services1%
35Small Industries Development Bank of India - 7.34%bond0.98%
36NTPC LimitedUtilities0.97%
37PNB Housing Finance LimitedFinancial Services0.93%
38Info Edge (India) LimitedConsumer Discretionary0.91%
39Century Plyboards (India) LimitedConsumer Discretionary0.88%
40Tata Steel LimitedMaterials0.81%
41ITC LimitedConsumer Staples0.77%
42Coforge LimitedInformation Technology0.74%
4308.20 % INDIA UNIVERSAL TRUST AL1 - ^^bond0.73%
44Tata Capital LimitedFinancial Services0.71%
458.4% Cholamandalam Investment and Finance Company Ltdbond0.71%
46Bharat Electronics LimitedIndustrials0.7%
478.95% Bharti Telecom Ltd. (MD )bond0.7%
48REC Limitedbond0.69%
497.88% Muthoot Finance Ltd 45-B OpI (MD )bond0.69%
506.66% National Bank for Agriculture and Rural Development (MD )bond0.68%
517.82% Bajaj Finance Limitedbond0.68%
527.45% Power Finance Corporation Limited 2028bond0.68%
537.85% Muthoot Finance Limitedbond0.67%
54Emami LimitedConsumer Staples0.66%
557.44% National Bank For Agriculture and Rural Developmentbond0.66%
56National Bank for Financing Infrastructure and Developmentbond0.66%
578.40% Muthoot Finance Limitedbond0.66%
58Life Insurance Corporation Of IndiaFinancial Services0.65%
59National Bank for Financing Infrastructure and Developmentbond0.65%
60Cash Marginother0.65%
61HDFC Bank Limitedbond0.64%
62CD - HDFC BANK LTDbond0.63%
63Syngene International LimitedHealthcare0.56%
64Mrs. Bectors Food Specialities LimitedConsumer Staples0.55%
65Samvardhana Motherson International LimitedConsumer Discretionary0.52%
66Infosys LimitedInformation Technology0.49%
67Tata Power Company LimitedUtilities0.48%
68Tata Motors LimitedIndustrials0.47%
69Maruti Suzuki India LimitedConsumer Discretionary0.46%
70Hyundai Motor India LimitedConsumer Discretionary0.41%
71La Opala RG LimitedConsumer Discretionary0.24%
72Canara HSBC Life Insurance Company LimitedFinancial Services0.22%
737.4% Bharti Telecom Limited 2029bond0.2%
74PB Fintech LimitedFinancial Services0.16%
75Alkem Laboratories LimitedHealthcare0.11%
76ICICI Bank Ltdother-0.03%
77Net Receivables/Payablesother-0.21%
78Tata Power Co Ltdother-0.48%
79Tata Steel Ltdother-0.82%
80Kotak Mahindra Bank Ltdother-0.92%
81Axis Bank Ltdother-1.01%
82Punjab National Bankother-1.08%
83Bank of Barodaother-1.18%
84Hindalco Industries Ltdother-1.22%
85Hindustan Aeronautics Ltdother-1.37%
86State Bank of Indiaother-1.42%
87ICICI Bank Ltdother-1.75%
88Bandhan Bank Ltdother-1.78%
89Titan Co Ltdother-1.92%
90HDFC Bank Ltdother-2.31%
91Bharti Airtel Ltdother-2.41%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 7.92% of DSP Dynamic Asset Allocation Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 7.84% of DSP Dynamic Asset Allocation Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 4.61% of DSP Dynamic Asset Allocation Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, State Bank of India is 4.46% of DSP Dynamic Asset Allocation Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 4.08% 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 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.