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DSP Banking & Financial Services Fund - Direct - Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
33
May 2026
Equity Holdings
₹1,751.20 Cr
Equity only, excl. debt & cash
Top 5 Weight
31.9%
Moderate
Top 10 Weight
54.4%
Moderate
Changes
29
2 new · 2 exits
Top Sector
Banks
44.2% of portfolio
📋 What Happened This Month DSP Banking & Financial Services Fund made 2 new additions and exited 2 stocks this month. The biggest new buy was Aditya Birla Sun Life AMC Limited (Capital Markets) at 1.38% weight. Angel One Limited was the biggest exit (Capital Markets), which was held at 1.78%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 9.22% of the portfolio. Multi Commodity Exchange of India Limited was trimmed the most, now at 4.57%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 44.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 45.3% 43.5% -1.8%
Finance 22.9% 24.4% +1.5%
Capital Markets 12.8% 12.1% -0.8%
Insurance 12.0% 11.0% -1.0%
Financial Technology (Fintech) 4.2% 4.2% +0.1%
IT - Services 0.1% 0.0% -0.1%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 43.5% 44.2% +0.7%
Finance 24.4% 23.7% -0.7%
Insurance 11.0% 10.9% -0.1%
Capital Markets 12.1% 10.2% -1.8%
Financial Technology (Fintech) 4.2% 4.5% +0.2%
🟢
Biggest New Buy
Aditya Birla Sun Life AMC Limited
1.38% weight · Capital Markets
🔴
Biggest Exit
Angel One Limited
1.78% was held · Capital Markets
Biggest Add
ICICI Bank Limited
+0.76% · now 9.22%
Biggest Trim
Multi Commodity Exchange of India Limited
-0.83% · now 4.57%
🤝 Other funds also bought this month
Billionbrains Garage Ventures Ltd 66 funds
Billionbrains Garage Ventures Ltd
Motilal Oswal Financial Services Fund- Direct Growth
Axis Nifty Capital Markets Index Fund
Canara Robeco Mid Cap Fund- Direct Plan- Growth Option + more
Aditya Birla Sun Life AMC Limited 13 funds
Aditya Birla Sun Life AMC Limited
Tata Banking And Financial Services Fund-Direct Plan-Growth
Axis Nifty Capital Markets Index Fund
Samco Multi Cap Fund + more
👋 Other funds also exited
L&T Finance Limited 9 funds
L&T Finance Limited
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
Union Multicap Fund - Direct Plan - Growth Option
Axis Business Cycles Fund - Direct Plan - Growth + more
Angel One Limited 3 funds
Angel One Limited
DSP India T.I.G.E.R. Fund - Direct Plan - Growth
DSP Business Cycle Fund - Direct - Growth
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 2 New Entries 🔴 2 Exits ↑ 7 Increased ↓ 18 Decreased
#StockSectorWeight (May 2026)
1
Aditya Birla Sun Life AMC Limited
₹25.73 Cr
Capital Markets 1.38%
2
Billionbrains Garage Ventures Ltd
₹3.92 Cr
Capital Markets 0.21%
#StockSectorLast Weight (Apr 2026)
1
Angel One Limited
₹32.52 Cr
Capital Markets 1.78%
2
L&T Finance Limited
₹1.34 Cr
Finance 0.07%
#StockSectorApr 2026May 2026Change
1
ICICI Bank Limited
₹172.44 Cr
Banks 8.46% 9.22% +0.76%
2
HDFC Bank Limited
₹86.31 Cr
Banks 3.86% 4.61% +0.75%
3
Karur Vysya Bank Limited
₹40.83 Cr
Banks 1.95% 2.18% +0.23%
4
PB Fintech Limited
₹73.58 Cr
Financial Technology (Fintech) 3.73% 3.93% +0.20%
5
Aditya Birla Capital Limited
₹70.39 Cr
Finance 3.66% 3.76% +0.10%
6
Max Financial Services Limited
₹60.67 Cr
Insurance 3.14% 3.24% +0.10%
7
Seshaasai Technologies Ltd.
₹9.93 Cr
Financial Technology (Fintech) 0.50% 0.53% +0.03%
#StockSectorApr 2026May 2026Change
1
Multi Commodity Exchange of India Limited
₹85.45 Cr
Capital Markets 5.40% 4.57% -0.83%
2
Canara Robeco Asset Management Co Ltd/India
₹13.44 Cr
Capital Markets 1.12% 0.72% -0.40%
3
Nippon Life India Asset Management Limited
₹37.43 Cr
Capital Markets 2.33% 2.00% -0.33%
4
City Union Bank Limited
₹66.48 Cr
Banks 3.84% 3.55% -0.29%
5
Bajaj Finance Limited
₹83.28 Cr
Finance 4.70% 4.45% -0.25%
6
Bank of Maharashtra
₹47.98 Cr
Banks 2.80% 2.56% -0.24%
7
Cholamandalam Investment and Finance Company Ltd
₹93.86 Cr
Finance 5.22% 5.02% -0.20%
8
State Bank of India
₹94.72 Cr
Banks 5.23% 5.06% -0.17%
9
Ujjivan Small Finance Bank Limited
₹71.47 Cr
Banks 3.98% 3.82% -0.16%
10
Kotak Mahindra Bank Limited
₹86.80 Cr
Banks 4.74% 4.64% -0.10%

What Stocks Does This Fund Hold?

33 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹172.44 Cr
Banks
9.22%
2
₹148.70 Cr
Banks
7.95%
3
₹94.72 Cr
Banks
5.06%
4
₹93.86 Cr
Finance
5.02%
5
₹87.60 Cr
Finance
4.68%
6
₹86.80 Cr
Banks
4.64%
7
₹86.31 Cr
Banks
4.61%
8
₹85.45 Cr
Capital Markets
4.57%
9
₹83.28 Cr
Finance
4.45%
10
₹78.94 Cr
Insurance
4.22%
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🏦 DSP Mutual Fund — Portfolio & Holdings
See all funds managed by DSP Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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