What stocks does DSP Flexi Cap Fund hold?

DSP Flexi Cap 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 Flexi Cap Fund?

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

What category is DSP Flexi Cap Fund?

DSP Flexi Cap Fund is classified as a Flexi Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is DSP Flexi Cap Fund portfolio data updated?

Portfolio holdings for DSP Flexi Cap 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.

← DSP Mutual Fund

DSP Flexi Cap Fund - Direct Plan - Growth

Flexi Cap Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹10,714.47 Cr

Equity only, excl. debt & cash

Top 5 Weight

27.6%

Moderate

Top 10 Weight

41.0%

Moderate

Changes

3 new · 1 exits

Top Sector

Banks

24.5% of portfolio

📋 What Happened This Month DSP Flexi Cap Fund made 3 new additions and exited 1 stock this month. The biggest new buy was Hero MotoCorp Limited (Automobiles) at 1.23% weight. Gujarat Fluorochemicals Limited was the biggest exit (Chemicals & Petrochemicals), which was held at 0.06%. Among existing holdings, Mahindra & Mahindra Limited saw the biggest increase — now at 3.23% of the portfolio. Century Plyboards (India) Limited was trimmed the most, now at 1.17%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 24.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · DSP Flexi Cap Fund - Direct Plan - Growth

+3.38%

+11.75%

-1.06%

+0.83%

Latest NAV

₹115.78

24 Jun 2026

52W High

₹118.30

-2% from High

52W Low

₹98.49

+18% from Low

Calendar Year Returns

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

2025

+5.7%

2024

+19.4%

2023

+33.6%

2022

-3.5%

2021

+33.9%

2020

+20.0%

2019

+18.0%

2018

-6.8%

2017

+41.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

17.8%

+ve in 80% windows

84.9% / -20.8%

3Y Rolling Avg

16.7% p.a.

+ve in 100% windows

30.8% / -1.3%

5Y Rolling Avg

17.8% p.a.

+ve in 100% windows

28.6% / 10.2%

Crisis Period Behaviour

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

2024–25 Tariff

-17.6%

Rec: not yet

COVID-19 Crash

-35.7%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-21.6%

Rec: Jun 2023 (1yr 5mo)

2018 IL&FS

-18.2%

Rec: May 2019 (10 mo)

Risk Ratios

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

Sharpe Ratio (3Y)

0.69

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.96

Penalises downside volatility only.

Std Deviation (3Y)

14.0%

Lower = more consistent returns.

NAV Chart ₹115.78 24 Jun 2026

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

DSP Flexi Cap Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹115.78

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	25.4%	25.7%	▲ +0.3%
Finance	10.1%	7.8%	▼ -2.2%
IT - Software	7.6%	6.2%	▼ -1.4%
Pharmaceuticals & Biotechnology	5.5%	5.7%	▲ +0.2%
Auto Components	5.5%	5.7%	▲ +0.2%
Industrial Products	5.2%	5.3%	▲ +0.2%
Telecom - Services	4.8%	4.5%	▼ -0.3%
Insurance	4.2%	4.4%	▲ +0.1%
Consumer Durables	3.7%	3.8%	▲ +0.1%
Capital Markets	1.8%	3.1%	▲ +1.3%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	25.7%	24.5%	▼ -1.2%
Finance	7.8%	7.5%	▼ -0.4%
IT - Software	6.2%	6.4%	▲ +0.2%
Pharmaceuticals & Biotechnology	5.7%	5.9%	▲ +0.2%
Auto Components	5.7%	5.3%	▼ -0.4%
Industrial Products	5.3%	4.9%	▼ -0.5%
Insurance	4.4%	4.5%	▲ +0.2%
Telecom - Services	4.5%	4.5%	● +0.0%
Automobiles	2.4%	4.5%	▲ +2.1%
Consumer Durables	3.8%	3.1%	▼ -0.7%

🟢

Biggest New Buy

Hero MotoCorp Limited

1.23% weight · Automobiles

🔴

Biggest Exit

Gujarat Fluorochemicals Limited

0.06% was held · Chemicals & Petrochemicals

↑

Biggest Add

Mahindra & Mahindra Limited

+0.87% · now 3.23%

↓

Biggest Trim

Century Plyboards (India) Limited

-0.70% · now 1.17%

🤝 Other funds also bought this month

Hero MotoCorp Limited 27 funds

Hindustan Petroleum Corporation Limited 26 funds

SRF Limited 16 funds

👋 Other funds also exited

Gujarat Fluorochemicals Limited 4 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 3 New Entries 🔴 1 Exit ↑ 20 Increased ↓ 37 Decreased

#	Stock	Sector	Weight (May 2026)
1	Hero MotoCorp Limited ₹145.08 Cr	Automobiles	1.23%
2	Hindustan Petroleum Corporation Limited ₹46.17 Cr	Petroleum Products	0.39%
3	SRF Limited ₹2.40 Cr	Chemicals & Petrochemicals	0.02%

#	Stock	Sector	Last Weight (Apr 2026)
1	Gujarat Fluorochemicals Limited ₹6.78 Cr	Chemicals & Petrochemicals	0.06%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Mahindra & Mahindra Limited ₹381.29 Cr	Automobiles	2.36%	3.23%	+0.87%
2	Cipla Limited ₹264.29 Cr	Pharmaceuticals & Biotechnology	1.83%	2.24%	+0.41%
3	Coforge Limited ₹300.33 Cr	IT - Software	2.15%	2.55%	+0.40%
4	Bharat Petroleum Corporation Limited ₹240.23 Cr	Petroleum Products	1.75%	2.04%	+0.29%
5	Kirloskar Oil Engines Limited ₹233.10 Cr	Industrial Products	1.74%	1.98%	+0.24%
6	CG Power and Industrial Solutions Limited ₹223.89 Cr	Electrical Equipment	1.69%	1.90%	+0.21%
7	Max Financial Services Limited ₹246.06 Cr	Insurance	1.98%	2.09%	+0.11%
8	Indus Towers Limited ₹187.26 Cr	Telecom - Services	1.48%	1.59%	+0.11%
9	Rainbow Childrens Medicare Limited ₹131.93 Cr	Healthcare Services	1.02%	1.12%	+0.10%
10	Indigo Paints Limited ₹58.64 Cr	Consumer Durables	0.43%	0.50%	+0.07%
11	Axis Bank Limited ₹602.42 Cr	Banks	5.05%	5.11%	+0.06%
12	Tube Investments of India Limited ₹93.50 Cr	Auto Components	0.75%	0.79%	+0.04%
13	Alkem Laboratories Limited ₹196.73 Cr	Pharmaceuticals & Biotechnology	1.64%	1.67%	+0.03%
14	ICICI Prudential Asset Management Company Limited ₹58.89 Cr	Capital Markets	0.47%	0.50%	+0.03%
15	Niva Bupa Health Insurance Company Limited ₹52.68 Cr	Insurance	0.42%	0.45%	+0.03%
16	Eternal Limited ₹160.59 Cr	Retailing	1.35%	1.36%	+0.01%
17	ICICI Lombard General Insurance Company Limited ₹90.09 Cr	Insurance	0.75%	0.76%	+0.01%
18	Dixon Technologies (India) Limited ₹61.49 Cr	Consumer Durables	0.51%	0.52%	+0.01%
19	Bajaj Finserv Limited ₹17.38 Cr	Finance	0.14%	0.15%	+0.01%
20	AIA Engineering Limited ₹1.93 Cr	Industrial Products	0.01%	0.02%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Century Plyboards (India) Limited ₹138.25 Cr	Consumer Durables	1.87%	1.17%	-0.70%
2	AU Small Finance Bank Limited ₹26.06 Cr	Banks	0.71%	0.22%	-0.49%
3	APL Apollo Tubes Limited ₹143.16 Cr	Industrial Products	1.69%	1.21%	-0.48%
4	Samvardhana Motherson International Limited ₹262.69 Cr	Auto Components	2.67%	2.23%	-0.44%
5	State Bank of India ₹404.61 Cr	Banks	3.81%	3.43%	-0.38%
6	GAIL (India) Limited ₹4.80 Cr	Gas	0.40%	0.04%	-0.36%
7	HDFC Bank Limited ₹894.77 Cr	Banks	7.88%	7.58%	-0.30%
8	Polycab India Limited ₹197.08 Cr	Industrial Products	1.90%	1.67%	-0.23%
9	Avenue Supermarts Limited ₹163.96 Cr	Retailing	1.58%	1.39%	-0.19%
10	Bajaj Finance Limited ₹307.80 Cr	Finance	2.79%	2.61%	-0.18%
11	KEC International Limited ₹115.89 Cr	Construction	1.11%	0.98%	-0.13%
12	Ganesha Ecosphere Limited ₹7.90 Cr	Textiles & Apparels	0.20%	0.07%	-0.13%
13	Cohance Lifesciences Limited ₹105.89 Cr	Pharmaceuticals & Biotechnology	1.01%	0.90%	-0.11%
14	Bharti Airtel Limited ₹346.77 Cr	Telecom - Services	3.04%	2.94%	-0.10%
15	IPCA Laboratories Limited ₹133.61 Cr	Pharmaceuticals & Biotechnology	1.23%	1.13%	-0.10%
16	Tata Consultancy Services Limited ₹120.17 Cr	IT - Software	1.12%	1.02%	-0.10%
17	Prudent Corporate Advisory Services Limited ₹184.56 Cr	Capital Markets	1.63%	1.56%	-0.07%
18	Power Finance Corporation Limited ₹181.54 Cr	Finance	1.61%	1.54%	-0.07%
19	ICICI Bank Limited ₹967.13 Cr	Banks	8.26%	8.20%	-0.06%
20	Cholamandalam Investment and Finance Company Ltd ₹362.57 Cr	Finance	3.13%	3.07%	-0.06%
21	Radico Khaitan Limited ₹220.70 Cr	Beverages	1.92%	1.87%	-0.05%
22	Syngene International Limited ₹96.46 Cr	Healthcare Services	0.87%	0.82%	-0.05%
23	PG Electroplast Limited ₹51.74 Cr	Consumer Durables	0.49%	0.44%	-0.05%
24	REC Limited ₹14.38 Cr	Finance	0.17%	0.12%	-0.05%
25	Infosys Limited ₹204.56 Cr	IT - Software	1.77%	1.73%	-0.04%
26	Coromandel International Limited ₹116.81 Cr	Fertilizers & Agrochemicals	1.02%	0.99%	-0.03%
27	Oil India Limited ₹104.29 Cr	Oil	0.91%	0.88%	-0.03%
28	Havells India Limited ₹56.87 Cr	Consumer Durables	0.51%	0.48%	-0.03%
29	Emami Limited ₹35.33 Cr	Personal Products	0.33%	0.30%	-0.03%
30	UNO Minda Limited ₹194.80 Cr	Auto Components	1.67%	1.65%	-0.02%
31	HCL Technologies Limited ₹129.68 Cr	IT - Software	1.12%	1.10%	-0.02%
32	Petronet LNG Limited ₹97.86 Cr	Gas	0.85%	0.83%	-0.02%
33	JK Cement Limited ₹65.44 Cr	Cement & Cement Products	0.57%	0.55%	-0.02%
34	Hindustan Unilever Limited ₹44.05 Cr	Diversified FMCG	0.39%	0.37%	-0.02%
35	Multi Commodity Exchange of India Limited ₹116.91 Cr	Capital Markets	1.00%	0.99%	-0.01%
36	Schaeffler India Limited ₹70.17 Cr	Auto Components	0.60%	0.59%	-0.01%
37	PI Industries Limited ₹6.36 Cr	Fertilizers & Agrochemicals	0.06%	0.05%	-0.01%

What Stocks Does This Fund Hold?

65 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹967.13 Cr	Banks	8.20%
2	HDFC Bank Limited ₹894.77 Cr	Banks	7.58%
3	Axis Bank Limited ₹602.42 Cr	Banks	5.11%
4	State Bank of India ₹404.61 Cr	Banks	3.43%
5	Mahindra & Mahindra Limited ₹381.29 Cr	Automobiles	3.23%
6	Cholamandalam Investment and Finance Company Ltd ₹362.57 Cr	Finance	3.07%
7	Bharti Airtel Limited ₹346.77 Cr	Telecom - Services	2.94%
8	Bajaj Finance Limited ₹307.80 Cr	Finance	2.61%
9	Coforge Limited ₹300.33 Cr	IT - Software	2.55%
10	Cipla Limited ₹264.29 Cr	Pharmaceuticals & Biotechnology	2.24%
11	Samvardhana Motherson International Limited ₹262.69 Cr	Auto Components	2.23%
12	Max Financial Services Limited ₹246.06 Cr	Insurance	2.09%
13	Bharat Petroleum Corporation Limited ₹240.23 Cr	Petroleum Products	2.04%
14	Kirloskar Oil Engines Limited ₹233.10 Cr	Industrial Products	1.98%
15	CG Power and Industrial Solutions Limited ₹223.89 Cr	Electrical Equipment	1.90%
16	Radico Khaitan Limited ₹220.70 Cr	Beverages	1.87%
17	Infosys Limited ₹204.56 Cr	IT - Software	1.73%
18	Polycab India Limited ₹197.08 Cr	Industrial Products	1.67%
19	Alkem Laboratories Limited ₹196.73 Cr	Pharmaceuticals & Biotechnology	1.67%
20	UNO Minda Limited ₹194.80 Cr	Auto Components	1.65%
21	Indus Towers Limited ₹187.26 Cr	Telecom - Services	1.59%
22	Prudent Corporate Advisory Services Limited ₹184.56 Cr	Capital Markets	1.56%
23	Power Finance Corporation Limited ₹181.54 Cr	Finance	1.54%
24	Avenue Supermarts Limited ₹163.96 Cr	Retailing	1.39%
25	Eternal Limited ₹160.59 Cr	Retailing	1.36%
26	SBI Life Insurance Company Limited ₹145.19 Cr	Insurance	1.23%
27	Hero MotoCorp Limited ₹145.08 Cr	Automobiles	1.23%
28	APL Apollo Tubes Limited ₹143.16 Cr	Industrial Products	1.21%
29	Century Plyboards (India) Limited ₹138.25 Cr	Consumer Durables	1.17%
30	IPCA Laboratories Limited ₹133.61 Cr	Pharmaceuticals & Biotechnology	1.13%
31	Rainbow Childrens Medicare Limited ₹131.93 Cr	Healthcare Services	1.12%
32	HCL Technologies Limited ₹129.68 Cr	IT - Software	1.10%
33	Tata Consultancy Services Limited ₹120.17 Cr	IT - Software	1.02%
34	Coromandel International Limited ₹116.81 Cr	Fertilizers & Agrochemicals	0.99%
35	Multi Commodity Exchange of India Limited ₹116.91 Cr	Capital Markets	0.99%
36	KEC International Limited ₹115.89 Cr	Construction	0.98%
37	Cohance Lifesciences Limited ₹105.89 Cr	Pharmaceuticals & Biotechnology	0.90%
38	Oil India Limited ₹104.29 Cr	Oil	0.88%
39	Petronet LNG Limited ₹97.86 Cr	Gas	0.83%
40	Syngene International Limited ₹96.46 Cr	Healthcare Services	0.82%
41	Tube Investments of India Limited ₹93.50 Cr	Auto Components	0.79%
42	ICICI Lombard General Insurance Company Limited ₹90.09 Cr	Insurance	0.76%
43	Schaeffler India Limited ₹70.17 Cr	Auto Components	0.59%
44	JK Cement Limited ₹65.44 Cr	Cement & Cement Products	0.55%
45	Dixon Technologies (India) Limited ₹61.49 Cr	Consumer Durables	0.52%
46	ICICI Prudential Asset Management Company Limited ₹58.89 Cr	Capital Markets	0.50%
47	Indigo Paints Limited ₹58.64 Cr	Consumer Durables	0.50%
48	Atul Limited ₹57.89 Cr	Chemicals & Petrochemicals	0.49%
49	Havells India Limited ₹56.87 Cr	Consumer Durables	0.48%
50	Niva Bupa Health Insurance Company Limited ₹52.68 Cr	Insurance	0.45%
51	PG Electroplast Limited ₹51.74 Cr	Consumer Durables	0.44%
52	Hindustan Petroleum Corporation Limited ₹46.17 Cr	Petroleum Products	0.39%
53	Hindustan Unilever Limited ₹44.05 Cr	Diversified FMCG	0.37%
54	Emami Limited ₹35.33 Cr	Personal Products	0.30%
55	AU Small Finance Bank Limited ₹26.06 Cr	Banks	0.22%
56	Bajaj Finserv Limited ₹17.38 Cr	Finance	0.15%
57	The Phoenix Mills Limited ₹17.15 Cr	Realty	0.15%
58	REC Limited ₹14.38 Cr	Finance	0.12%
59	Ganesha Ecosphere Limited ₹7.90 Cr	Textiles & Apparels	0.07%
60	PI Industries Limited ₹6.36 Cr	Fertilizers & Agrochemicals	0.05%
61	GAIL (India) Limited ₹4.80 Cr	Gas	0.04%
62	SRF Limited ₹2.40 Cr	Chemicals & Petrochemicals	0.02%
63	LG Electronics India Ltd ₹2.28 Cr	Consumer Durables	0.02%
64	AIA Engineering Limited ₹1.93 Cr	Industrial Products	0.02%
65	SIP Technologies Ltd.	IT - Software	0.00%