DSP Equity Savings Fund

DSP Mutual FundHybridPortfolio as of 31 July 2026

DSP Equity Savings Fund holds 158 instruments (69.88% equity), led by HDFC Bank Limited (6.92%), Axis Bank Limited (4.25%) and Kotak Mahindra Bank Limited (3.58%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
158
Equity Allocation
69.88%
AMC
DSP Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of DSP Equity Savings Fund, managed by DSP Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 158 instruments with an equity allocation of 69.88%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

DSP Equity Savings Fund's top 10 holdings account for 33.18% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 27.13% of net assets, spread across 12 sectors in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 0 positions, with ICICI Bank Limited seeing the largest move (-1.27pp to 2.3%).

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.

1 new entry10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Alkem Laboratories Limited0.18% → 0.76%▲ +0.58
Kotak Mahindra Bank Limited3.08% → 3.58%▲ +0.5
Oil & Natural Gas Corporation Limited0.1% → 0.58%▲ +0.48
Mahindra & Mahindra Limited2.84% → 3.23%▲ +0.39
NTPC Limited2.03% → 2.39%▲ +0.36
Bajaj Finance Limited1.9% → 2.22%▲ +0.32
Hero MotoCorp Limited0.73% → 1.03%▲ +0.3
Hindalco Industries Limited1.47% → 1.74%▲ +0.27
SBI Life Insurance Company Limited0.9% → 1.15%▲ +0.25
Maruti Suzuki India Limited0.79% → 1.03%▲ +0.24

Biggest Weight Reductions

StockWeightChange
ICICI Bank Limited3.57% → 2.3%▼ -1.27
HDFC Bank Limited7.86% → 6.92%▼ -0.94
Cipla Limited2.85% → 2.05%▼ -0.8
Indus Towers Limited2.29% → 1.52%▼ -0.77
Shriram Finance Limited0.39% → 0.05%▼ -0.34
Axis Bank Limited4.47% → 4.25%▼ -0.22
IPCA Laboratories Limited0.4% → 0.19%▼ -0.21
Cyient Limited0.37% → 0.2%▼ -0.17
Vodafone Idea Limited2.24% → 2.07%▼ -0.17
Titan Company Limited1.62% → 1.49%▼ -0.13

Top Holdings — Weight Trend

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

Feb: 7.37%, Mar: 7.08%, Apr: 7.54%, May: 7.4%, Jun: 7.86%, Jul: 6.92%
6.92%
Feb: 4.5%, Mar: 4.22%, Apr: 4.17%, May: 4.31%, Jun: 4.47%, Jul: 4.25%
4.25%
Feb: 2.52%, Mar: 2.49%, Apr: 2.72%, May: 3.04%, Jun: 3.08%, Jul: 3.58%
3.58%
Feb: 2.11%, Mar: 2.68%, Apr: 2.84%, May: 2.84%, Jun: 2.84%, Jul: 3.23%
3.23%
Feb: 3.18%, Mar: 3.06%, Apr: 3.38%, May: 3.14%, Jun: 3.11%, Jul: 3.14%
3.14%

Full Portfolio (158 holdings)

#HoldingSector% to NAV
1HDFC Bank LimitedFinancial Services6.92%
2Axis Bank LimitedFinancial Services4.25%
3Kotak Mahindra Bank LimitedFinancial Services3.58%
4Mahindra & Mahindra LimitedConsumer Discretionary3.23%
5ITC LimitedConsumer Staples3.14%
6Reliance Industries LimitedEnergy3.08%
7Central Government - 2033bond2.65%
8NTPC LimitedUtilities2.39%
9ICICI Bank LimitedFinancial Services2.3%
10Bajaj Finance LimitedFinancial Services2.22%
11Bharti Airtel LimitedTelecommunication2.07%
12Vodafone Idea LimitedTelecommunication2.07%
13Cipla LimitedHealthcare2.05%
14TREPS / Reverse Repo Investmentstreps2.03%
157.38% Central Government Securitiesbond1.95%
16Hindalco Industries LimitedMaterials1.74%
17Sun Pharmaceutical Industries LimitedHealthcare1.74%
18Larsen & Toubro LimitedIndustrials1.69%
19HDFC Life Insurance Company LimitedFinancial Services1.53%
20Indus Towers LimitedTelecommunication1.52%
217.45% Bharti Telecom Limitedbond1.51%
227.45% Power Finance Corporation Limited 2028bond1.51%
236.90% Government of India (MD )bond1.51%
24Titan Company LimitedConsumer Discretionary1.49%
257.30% REC Ltdbond1.47%
267.11% Bajaj Finance Limited 2028bond1.45%
27HDFC Bank Limited^bond1.41%
28Canara Bank (MD )bond1.41%
29CD - HDFC BANK LTDbond1.41%
30Indigo Paints LimitedConsumer Discretionary1.28%
31Cash Marginother1.25%
32SBI Life Insurance Company LimitedFinancial Services1.15%
33Infosys LimitedInformation Technology1.06%
34Eicher Motors LimitedConsumer Discretionary1.06%
35Maruti Suzuki India LimitedConsumer Discretionary1.03%
36Hero MotoCorp LimitedConsumer Discretionary1.03%
37Petronet LNG LimitedUtilities1.01%
38Bank of BarodaFinancial Services0.94%
39Bandhan Bank LimitedFinancial Services0.87%
407.09% Government of Indiabond0.87%
416.33% Government of India (MD )bond0.87%
42Syngene International LimitedHealthcare0.83%
43State Bank of IndiaFinancial Services0.82%
44ICICI Lombard General Insurance Company LimitedFinancial Services0.77%
457.35% Bharti Telecom Limitedbond0.77%
46Alkem Laboratories LimitedHealthcare0.76%
47Canara HSBC Life Insurance Company LimitedFinancial Services0.76%
487.08% Power Grid Corporation of India Limitedbond0.76%
497.88% Muthoot Finance Ltd 45-B OpI (MD )bond0.76%
507.35% National Housing Bankbond0.76%
51HDFC Bank Ltd - 7.7%bond0.75%
52Hindustan Aeronautics LimitedIndustrials0.74%
536.78% Indian Railway Finance Corporation Limitedbond0.74%
545.74% Government of India 2026bond0.74%
55National Bank for Financing Infrastructure and Developmentbond0.73%
56Axis Securities Limitedbond0.73%
57Cohance Lifesciences LimitedHealthcare0.72%
58Punjab National BankFinancial Services0.72%
597.37% Government Securitiesbond0.61%
607.02% Central Government Securitiesbond0.6%
61Coromandel International LimitedMaterials0.58%
62Oil & Natural Gas Corporation LimitedEnergy0.58%
63Jubilant Ingrevia LimitedMaterials0.47%
64Bharat Electronics LimitedIndustrials0.47%
65NMDC LimitedMaterials0.46%
66Tata Power Company LimitedUtilities0.42%
67Ambuja Cements LimitedMaterials0.36%
687.10% Central Government Securitiesbond0.31%
69Hindustan Petroleum Corporation LimitedEnergy0.3%
70BROOKFIELD INDIA REAL ESTATEReal Estate0.28%
71DLF LimitedReal Estate0.25%
72GMR AIRPORTS LIMITEDServices0.25%
73Alembic Pharmaceuticals LimitedHealthcare0.23%
74TVS Motor Company LimitedConsumer Discretionary0.23%
757.4% Bharti Telecom Limited 2029bond0.22%
76La Opala RG LimitedConsumer Discretionary0.21%
77Indian Oil Corporation LimitedEnergy0.2%
78Bharat Petroleum Corporation LimitedEnergy0.2%
79Cyient LimitedInformation Technology0.2%
80IPCA Laboratories LimitedHealthcare0.19%
81Power Grid Corporation of India LimitedUtilities0.19%
82Biocon LimitedHealthcare0.18%
83Adani Ports and Special Economic Zone LimitedServices0.16%
84JSW Steel LimitedMaterials0.16%
857.18% Government of India (MD )bond0.16%
867.10% Central Government Securitiesbond0.15%
87United Spirits LimitedConsumer Staples0.14%
88Apollo Hospitals Enterprise LimitedHealthcare0.13%
89Power Finance Corporation LimitedFinancial Services0.09%
90NIFTY 23000 Putother0.09%
91LIC Housing Finance LimitedFinancial Services0.08%
92Aditya Birla Capital LimitedFinancial Services0.08%
93Aurobindo Pharma LimitedHealthcare0.07%
94Shriram Finance LimitedFinancial Services0.05%
95Zydus Lifesciences LimitedHealthcare0.04%
96Steel Authority of India LimitedMaterials0.03%
97Tata Motors Passenger Vehicles LimitedConsumer Discretionary0.02%
98Info Edge (India) LimitedConsumer Discretionary0.02%
99Pidilite Industries LimitedMaterials0%
100UltraTech Cement LimitedMaterials0%
101TVS Motor Company Ltd 6.00% (Cumulative Non-Convertible Redeemable Preference Share)bond0%
102Net Receivables/Payablesother0%
103Ultratech Cement Ltdother0%
104Pidilite Industries Ltdother0%
105Bandhan Bank Ltdother-0.01%
106Tata Motors Passenger Vehicles Ltdother-0.02%
107Info Edge (India) Ltdother-0.02%
108Steel Authority of India Ltdother-0.03%
109Zydus Lifesciences Ltdother-0.04%
110Shriram Finance Ltdother-0.05%
111ITC Ltdother-0.05%
112Axis Bank Ltdother-0.06%
113Titan Co Ltdother-0.06%
114Aurobindo Pharma Ltdother-0.07%
115LIC Housing Finance Ltdother-0.07%
116Aditya Birla Capital Ltdother-0.08%
117Petronet LNG Ltdother-0.09%
118Hindustan Petroleum Corporation Ltdother-0.1%
119Oil & Natural Gas Corporation Ltdother-0.11%
120Apollo Hospitals Enterprise Ltdother-0.13%
121Hero MotoCorp Ltdother-0.13%
122United Spirits Ltdother-0.14%
123Cipla Ltdother-0.14%
124Adani Ports and Special Economic Zone Ltdother-0.16%
125JSW Steel Ltdother-0.16%
126Biocon Ltdother-0.18%
127Power Grid Corporation of India Ltdother-0.19%
128Hindalco Industries Ltdother-0.2%
129TVS Motor Co Ltdother-0.23%
130HDFC Life Insurance Co Ltdother-0.23%
131DLF Ltdother-0.25%
132GMR Airports Ltdother-0.26%
133Ambuja Cements Ltdother-0.36%
134Tata Power Co Ltdother-0.42%
135Kotak Mahindra Bank Ltdother-0.44%
136NMDC Ltdother-0.46%
137Bharat Electronics Ltdother-0.47%
138Indus Towers Ltdother-0.63%
139Punjab National Bankother-0.73%
140Hindustan Aeronautics Ltdother-0.75%
141State Bank of Indiaother-0.83%
142Bandhan Bank Ltdother-0.85%
143ITC Ltdother-0.94%
144Bank of Barodaother-0.94%
145Eicher Motors Ltdother-1.07%
146Kotak Mahindra Bank Ltdother-1.08%
147NTPC Ltdother-1.08%
148Mahindra & Mahindra Ltdother-1.23%
149Titan Co Ltdother-1.43%
150Hindalco Industries Ltdother-1.55%
151Larsen & Toubro Ltdother-1.69%
152Sun Pharmaceutical Industries Ltdother-1.74%
153Bharti Airtel Ltdother-2.08%
154Vodafone Idea Ltdother-2.08%
155HDFC Bank Ltdother-2.14%
156Bajaj Finance Ltdother-2.23%
157Axis Bank Ltdother-3.06%
158Reliance Industries Ltdother-3.09%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 6.92% of DSP Equity Savings Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 4.25% of DSP Equity Savings Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Kotak Mahindra Bank Limited is 3.58% of DSP Equity Savings Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, Mahindra & Mahindra Limited is 3.23% of DSP Equity Savings Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, ITC Limited is 3.14% of DSP Equity Savings 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.