What stocks does DSP Dynamic Asset Allocation Fund hold?

DSP Dynamic Asset Allocation Fund holds a portfolio of Indian equity stocks disclosed monthly by DSP Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages DSP Dynamic Asset Allocation Fund?

DSP Dynamic Asset Allocation Fund is managed by DSP Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is DSP Dynamic Asset Allocation Fund?

DSP Dynamic Asset Allocation Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is DSP Dynamic Asset Allocation Fund portfolio data updated?

Portfolio holdings for DSP Dynamic Asset Allocation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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DSP Dynamic Asset Allocation Fund - Direct Plan - Growth

Equity Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹1,940.13 Cr

Equity only, excl. debt & cash

Top 5 Weight

13.0%

Diversified

Top 10 Weight

21.5%

Diversified

Changes

1 new · 3 exits

Top Sector

Banks

14.9% of portfolio

📋 What Happened This Month DSP Dynamic Asset Allocation Fund made 1 new addition and exited 3 stocks this month. The biggest new buy was Hyundai Motor India Ltd (Automobiles) at 0.26% weight. Vedanta Limited was the biggest exit (Diversified Metals), which was held at 1.47%. Among existing holdings, Axis Bank Limited saw the biggest increase — now at 3.03% of the portfolio. ICICI Bank Limited was trimmed the most, now at 1.83%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 14.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · DSP Dynamic Asset Allocation Fund - Direct Plan - Growth

-1.42%

-0.03%

-1.50%

+3.05%

Latest NAV

₹32.27

04 Jun 2026

52W High

₹32.97

-2% from High

52W Low

₹29.08

+11% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+10.0%

2024

+13.7%

2023

+18.5%

2022

+1.3%

2021

+10.8%

2020

+14.8%

2019

+10.6%

2018

+5.0%

2017

+13.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

11.0%

+ve in 98% windows

39.6% / -8.7%

3Y Rolling Avg

10.7% p.a.

+ve in 100% windows

15.8% / 2.0%

5Y Rolling Avg

10.9% p.a.

+ve in 100% windows

16.5% / 7.7%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-4.4%

Rec: Apr 2025 (2 mo)

COVID-19 Crash

-19.3%

Rec: Aug 2020 (7 mo)

2022 Rate Hike

-7.9%

Rec: Aug 2022 (3 mo)

2018 IL&FS

-1.2%

Rec: Nov 2018 (< 1 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

1.09

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.58

Penalises downside volatility only.

Std Deviation (3Y)

5.5%

Lower = more consistent returns.

NAV Chart ₹32.27 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

DSP Dynamic Asset Allocation Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹32.27

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	23.5%	24.8%	▲ +1.3%
Insurance	4.9%	4.7%	▼ -0.2%
Finance	4.2%	4.0%	▼ -0.2%
Consumer Durables	4.1%	3.9%	▼ -0.2%
Power	2.9%	3.3%	▲ +0.4%
IT - Software	2.2%	2.7%	▲ +0.5%
Construction	3.0%	2.7%	▼ -0.3%
Pharmaceuticals & Biotechnology	1.9%	2.3%	▲ +0.4%
Aerospace & Defense	2.1%	2.1%	● 0.0%
Automobiles	1.0%	1.6%	▲ +0.6%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	24.8%	14.9%	▼ -9.9%
Consumer Durables	3.9%	4.5%	▲ +0.6%
Insurance	4.7%	4.4%	▼ -0.3%
Finance	4.0%	3.6%	▼ -0.3%
Power	3.3%	3.5%	▲ +0.2%
Pharmaceuticals & Biotechnology	2.3%	2.8%	▲ +0.5%
Aerospace & Defense	2.1%	2.4%	▲ +0.3%
Diversified FMCG	1.6%	2.2%	▲ +0.6%
Automobiles	1.6%	2.1%	▲ +0.5%
IT - Software	2.7%	1.8%	▼ -0.9%

🟢

Biggest New Buy

Hyundai Motor India Ltd

0.26% weight · Automobiles

🔴

Biggest Exit

Vedanta Limited

1.47% was held · Diversified Metals

↑

Biggest Add

Axis Bank Limited

+0.94% · now 3.03%

↓

Biggest Trim

ICICI Bank Limited

-5.12% · now 1.83%

🤝 Other funds also bought this month

Hyundai Motor India Ltd 38 funds

👋 Other funds also exited

Vedanta Limited 72 funds

Bajaj Finance Limited 24 funds

Adani Ports and Special Economic Zone Limited 6 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 1 New Entry 🔴 3 Exits ↑ 33 Increased ↓ 15 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Hyundai Motor India Ltd ₹9.68 Cr	Automobiles	0.26%

#	Stock	Sector	Last Weight (Mar 2026)
1	Vedanta Limited ₹52.11 Cr	Diversified Metals	1.47%
2	Adani Ports and Special Economic Zone Limited ₹20.45 Cr	Transport Infrastructure	0.58%
3	Bajaj Finance Limited ₹3.25 Cr	Finance	0.09%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Axis Bank Limited ₹111.09 Cr	Banks	2.09%	3.03%	+0.94%
2	Bandhan Bank Limited ₹77.79 Cr	Banks	1.55%	2.12%	+0.57%
3	Hindustan Unilever Limited ₹46.62 Cr	Diversified FMCG	0.76%	1.27%	+0.51%
4	Bharat Petroleum Corporation Limited ₹29.04 Cr	Petroleum Products	0.30%	0.79%	+0.49%
5	Cipla Limited ₹48.86 Cr	Pharmaceuticals & Biotechnology	0.91%	1.33%	+0.42%
6	LG Electronics India Ltd ₹59.90 Cr	Consumer Durables	1.28%	1.64%	+0.36%
7	Hindustan Aeronautics Limited ₹67.88 Cr	Aerospace & Defense	1.54%	1.85%	+0.31%
8	Bharti Airtel Limited ₹60.82 Cr	Telecom - Services	1.37%	1.66%	+0.29%
9	Mahindra & Mahindra Limited ₹68.82 Cr	Automobiles	1.60%	1.88%	+0.28%
10	Coforge Limited ₹28.83 Cr	IT - Software	0.52%	0.79%	+0.27%
11	Tata Power Company Limited ₹81.93 Cr	Power	1.97%	2.24%	+0.27%
12	HDFC Life Insurance Company Limited ₹37.92 Cr	Insurance	0.82%	1.04%	+0.22%
13	Radico Khaitan Limited ₹24.88 Cr	Beverages	0.54%	0.68%	+0.14%
14	Samvardhana Motherson International Limited ₹37.43 Cr	Auto Components	0.89%	1.02%	+0.13%
15	Emami Limited ₹28.12 Cr	Personal Products	0.66%	0.77%	+0.11%
16	Titan Company Limited ₹55.18 Cr	Consumer Durables	1.40%	1.51%	+0.11%
17	Syngene International Limited ₹25.63 Cr	Healthcare Services	0.60%	0.70%	+0.10%
18	JNK INDIA LIMITED ₹9.09 Cr	Industrial Manufacturing	0.15%	0.25%	+0.10%
19	Century Plyboards (India) Limited ₹35.66 Cr	Consumer Durables	0.88%	0.97%	+0.09%
20	Tata Steel Limited ₹34.41 Cr	Ferrous Metals	0.88%	0.94%	+0.06%
21	Mankind Pharma Limited ₹53.25 Cr	Pharmaceuticals & Biotechnology	1.40%	1.45%	+0.05%
22	Tata Capital Limited ₹35.26 Cr	Finance	0.91%	0.96%	+0.05%
23	ITC Limited ₹32.63 Cr	Diversified FMCG	0.84%	0.89%	+0.05%
24	Eternal Limited ₹32.95 Cr	Retailing	0.86%	0.90%	+0.04%
25	Life Insurance Corporation Of India ₹23.17 Cr	Insurance	0.59%	0.63%	+0.04%
26	Niva Bupa Health Insurance Company Limited ₹20.09 Cr	Insurance	0.51%	0.55%	+0.04%
27	Bank of Baroda ₹48.32 Cr	Banks	1.28%	1.32%	+0.04%
28	Bajaj Finserv Limited ₹37.82 Cr	Finance	1.00%	1.03%	+0.03%
29	Mrs. Bectors Food Specialities Limited ₹19.93 Cr	Food Products	0.51%	0.54%	+0.03%
30	Punjab National Bank ₹23.97 Cr	Banks	0.62%	0.65%	+0.03%
31	Max Financial Services Limited ₹28.16 Cr	Insurance	0.75%	0.77%	+0.02%
32	La Opala RG Limited ₹9.01 Cr	Consumer Durables	0.23%	0.25%	+0.02%
33	Indigo Paints Limited ₹4.95 Cr	Consumer Durables	0.12%	0.14%	+0.02%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	ICICI Bank Limited ₹67.04 Cr	Banks	6.95%	1.83%	-5.12%
2	HDFC Bank Limited ₹136.07 Cr	Banks	8.43%	3.72%	-4.71%
3	Larsen & Toubro Limited ₹35.83 Cr	Construction	2.66%	0.98%	-1.68%
4	Kotak Mahindra Bank Limited ₹25.91 Cr	Banks	1.71%	0.71%	-1.00%
5	Infosys Limited ₹19.52 Cr	IT - Software	1.53%	0.53%	-1.00%
6	Hindalco Industries Limited ₹15.91 Cr	Non - Ferrous Metals	1.24%	0.43%	-0.81%
7	State Bank of India ₹55.61 Cr	Banks	2.12%	1.52%	-0.60%
8	Canara HSBC Life Insurance Co Ltd ₹10.21 Cr	Insurance	0.85%	0.28%	-0.57%
9	Kirloskar Oil Engines Limited ₹2.63 Cr	Industrial Products	0.47%	0.07%	-0.40%
10	Shriram Finance Limited ₹25.29 Cr	Finance	1.02%	0.69%	-0.33%
11	GAIL (India) Limited ₹21.11 Cr	Gas	0.75%	0.58%	-0.17%
12	Tata Consultancy Services Limited ₹18.44 Cr	IT - Software	0.67%	0.50%	-0.17%
13	NTPC Limited ₹44.86 Cr	Power	1.30%	1.23%	-0.07%
14	Aequs Limited ₹18.71 Cr	Aerospace & Defense	0.54%	0.51%	-0.03%
15	SBI Life Insurance Company Limited ₹42.12 Cr	Insurance	1.16%	1.15%	-0.01%

Full Portfolio

51 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹136.07 Cr	Banks	3.72%
2	Axis Bank Limited ₹111.09 Cr	Banks	3.03%
3	Tata Power Company Limited ₹81.93 Cr	Power	2.24%
4	Bandhan Bank Limited ₹77.79 Cr	Banks	2.12%
5	Mahindra & Mahindra Limited ₹68.82 Cr	Automobiles	1.88%
6	Hindustan Aeronautics Limited ₹67.88 Cr	Aerospace & Defense	1.85%
7	ICICI Bank Limited ₹67.04 Cr	Banks	1.83%
8	Bharti Airtel Limited ₹60.82 Cr	Telecom - Services	1.66%
9	LG Electronics India Ltd ₹59.90 Cr	Consumer Durables	1.64%
10	State Bank of India ₹55.61 Cr	Banks	1.52%
11	Titan Company Limited ₹55.18 Cr	Consumer Durables	1.51%
12	Mankind Pharma Limited ₹53.25 Cr	Pharmaceuticals & Biotechnology	1.45%
13	Cipla Limited ₹48.86 Cr	Pharmaceuticals & Biotechnology	1.33%
14	Bank of Baroda ₹48.32 Cr	Banks	1.32%
15	Hindustan Unilever Limited ₹46.62 Cr	Diversified FMCG	1.27%
16	NTPC Limited ₹44.86 Cr	Power	1.23%
17	SBI Life Insurance Company Limited ₹42.12 Cr	Insurance	1.15%
18	HDFC Life Insurance Company Limited ₹37.92 Cr	Insurance	1.04%
19	Bajaj Finserv Limited ₹37.82 Cr	Finance	1.03%
20	Samvardhana Motherson International Limited ₹37.43 Cr	Auto Components	1.02%
21	Larsen & Toubro Limited ₹35.83 Cr	Construction	0.98%
22	Century Plyboards (India) Limited ₹35.66 Cr	Consumer Durables	0.97%
23	Tata Capital Limited ₹35.26 Cr	Finance	0.96%
24	PNB Housing Finance Limited ₹34.95 Cr	Finance	0.95%
25	Tata Steel Limited ₹34.41 Cr	Ferrous Metals	0.94%
26	Eternal Limited ₹32.95 Cr	Retailing	0.90%
27	ITC Limited ₹32.63 Cr	Diversified FMCG	0.89%
28	Coforge Limited ₹28.83 Cr	IT - Software	0.79%
29	Bharat Petroleum Corporation Limited ₹29.04 Cr	Petroleum Products	0.79%
30	Emami Limited ₹28.12 Cr	Personal Products	0.77%
31	Max Financial Services Limited ₹28.16 Cr	Insurance	0.77%
32	Kotak Mahindra Bank Limited ₹25.91 Cr	Banks	0.71%
33	Syngene International Limited ₹25.63 Cr	Healthcare Services	0.70%
34	Shriram Finance Limited ₹25.29 Cr	Finance	0.69%
35	Radico Khaitan Limited ₹24.88 Cr	Beverages	0.68%
36	Punjab National Bank ₹23.97 Cr	Banks	0.65%
37	Life Insurance Corporation Of India ₹23.17 Cr	Insurance	0.63%
38	GAIL (India) Limited ₹21.11 Cr	Gas	0.58%
39	Niva Bupa Health Insurance Company Limited ₹20.09 Cr	Insurance	0.55%
40	Mrs. Bectors Food Specialities Limited ₹19.93 Cr	Food Products	0.54%
41	Infosys Limited ₹19.52 Cr	IT - Software	0.53%
42	Aequs Limited ₹18.71 Cr	Aerospace & Defense	0.51%
43	Tata Consultancy Services Limited ₹18.44 Cr	IT - Software	0.50%
44	Tata Motors Ltd ₹16.86 Cr	Agricultural, Commercial & Construction Vehicles	0.46%
45	Hindalco Industries Limited ₹15.91 Cr	Non - Ferrous Metals	0.43%
46	Canara HSBC Life Insurance Co Ltd ₹10.21 Cr	Insurance	0.28%
47	Hyundai Motor India Ltd ₹9.68 Cr	Automobiles	0.26%
48	La Opala RG Limited ₹9.01 Cr	Consumer Durables	0.25%
49	JNK INDIA LIMITED ₹9.09 Cr	Industrial Manufacturing	0.25%
50	Indigo Paints Limited ₹4.95 Cr	Consumer Durables	0.14%
51	Kirloskar Oil Engines Limited ₹2.63 Cr	Industrial Products	0.07%