← DSP Mutual Fund

DSP Banking & Financial Services Fund - Direct - Growth

Equity Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
35
Jul 2026
Equity Holdings
₹2,040.87 Cr
Equity only, excl. debt & cash
AAUM
₹1,849.35 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
33.0%
Moderate
Top 10 Weight
54.9%
Moderate
Changes
32
2 new · 2 exits
Top Sector
Banks
46.7% of portfolio
Launch Date
20 Nov 2023
3 years old

AAUM (Average Assets Under Management) of ₹1,849.35 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month DSP Banking & Financial Services Fund made 2 new additions and exited 2 stocks this month. The biggest new buy was BSE Limited (Capital Markets) at 1.15% weight. Bank of Baroda was the biggest exit (Banks), which was held at 0.57%. Among existing holdings, Max Financial Services Limited saw the biggest increase — now at 4.18% of the portfolio. Multi Commodity Exchange of India Limited was trimmed the most, now at 2.72%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 46.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 44.2% 47.4% +3.2%
Finance 23.7% 25.1% +1.4%
Insurance 10.9% 11.2% +0.2%
Capital Markets 10.2% 9.2% -1.0%
Financial Technology (Fintech) 4.5% 4.6% +0.1%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 47.4% 46.7% -0.6%
Finance 25.1% 25.3% +0.1%
Insurance 11.2% 12.4% +1.2%
Capital Markets 9.2% 8.9% -0.3%
Financial Technology (Fintech) 4.6% 4.8% +0.3%
🟢
Biggest New Buy
BSE Limited
1.15% weight · Capital Markets
🔴
Biggest Exit
Bank of Baroda
0.57% was held · Banks
Biggest Add
Max Financial Services Limited
+0.89% · now 4.18%
Biggest Trim
Multi Commodity Exchange of India Limited
-1.36% · now 2.72%
🤝 Other funds also bought this month
BSE Limited 17 funds
BSE Limited
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
DSP Nifty Midcap 150 Qlty 50 Index Fund
SBI Nifty Midcap150 ETF + more
Bank of India 15 funds
Bank of India
DSP Mid Cap Fund
WhiteOak Capital Mid Cap Fund Direct Plan Growth
WhiteOak Capital Banking & Financial Services Fund - Direct Growth + more
👋 Other funds also exited
Bank of Baroda 47 funds
Bank of Baroda
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth
SBI BSE PSU BANK ETF
Invesco India PSU Equity Fund + more
Canara Robeco Asset Management Co Ltd/India 2 funds
Canara Robeco Asset Management Co Ltd/India
Navi Aggressive Hybrid Fund - Direct Plan - Growth
Mirae Asset Nifty Total Market Index Fund

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 2 New Entries 🔴 2 Exits ↑ 13 Increased ↓ 15 Decreased
#StockSectorWeight (Jul 2026)
1
BSE Limited
₹23.85 Cr
Capital Markets 1.15%
2
Bank of India
₹23.27 Cr
Banks 1.12%
#StockSectorLast Weight (Jun 2026)
1
Bank of Baroda
₹11.50 Cr
Banks 0.57%
2
Canara Robeco Asset Management Co Ltd/India
₹59.74 L
Capital Markets 0.03%
#StockSectorJun 2026Jul 2026Change
1
Max Financial Services Limited
₹87.07 Cr
Insurance 3.29% 4.18% +0.89%
2
Ujjivan Small Finance Bank Limited
₹95.17 Cr
Banks 4.02% 4.57% +0.55%
3
Bajaj Finance Limited
₹104.64 Cr
Finance 4.58% 5.03% +0.45%
4
Karur Vysya Bank Limited
₹57.47 Cr
Banks 2.47% 2.76% +0.29%
5
PB Fintech Limited
₹87.26 Cr
Financial Technology (Fintech) 3.98% 4.19% +0.21%
6
Canara HSBC Life Insurance Co Ltd
₹82.77 Cr
Insurance 3.78% 3.98% +0.20%
7
SBI Life Insurance Company Limited
₹87.42 Cr
Insurance 4.08% 4.20% +0.12%
8
ICICI Bank Limited
₹214.34 Cr
Banks 10.20% 10.30% +0.10%
9
KFin Technologies Limited
₹19.45 Cr
Capital Markets 0.83% 0.93% +0.10%
10
Prudent Corporate Advisory Services Limited
₹30.05 Cr
Capital Markets 1.36% 1.44% +0.08%
#StockSectorJun 2026Jul 2026Change
1
Multi Commodity Exchange of India Limited
₹56.63 Cr
Capital Markets 4.08% 2.72% -1.36%
2
Axis Bank Limited
₹147.56 Cr
Banks 8.03% 7.09% -0.94%
3
HDFC Bank Limited
₹86.73 Cr
Banks 4.60% 4.17% -0.43%
4
Bank of Maharashtra
₹35.20 Cr
Banks 2.02% 1.69% -0.33%
5
Aditya Birla Sun Life AMC Limited
₹24.47 Cr
Capital Markets 1.39% 1.18% -0.21%
6
Aadhar Housing Finance Limited
₹57.06 Cr
Finance 2.94% 2.74% -0.20%
7
State Bank of India
₹100.90 Cr
Banks 5.01% 4.85% -0.16%
8
Kotak Mahindra Bank Limited
₹88.18 Cr
Banks 4.40% 4.24% -0.16%
9
City Union Bank Limited
₹73.72 Cr
Banks 3.70% 3.54% -0.16%
10
Shriram Finance Limited
₹96.81 Cr
Finance 4.79% 4.65% -0.14%

What Stocks Does This Fund Hold?

35 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹214.34 Cr
Banks
10.30%
2
₹147.56 Cr
Banks
7.09%
3
₹119.92 Cr
Finance
5.76%
4
₹104.64 Cr
Finance
5.03%
5
₹100.90 Cr
Banks
4.85%
6
₹96.81 Cr
Finance
4.65%
7
₹95.17 Cr
Banks
4.57%
8
₹88.18 Cr
Banks
4.24%
9
₹87.42 Cr
Insurance
4.20%
10
₹87.26 Cr
Financial Technology (Fintech)
4.19%
🏆 Top stocks held by Equity funds
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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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