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 Aug 2026 Comparing Jul 2026 → Aug 2026

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Stocks Held

Aug 2026

Equity Holdings

₹11,910.63 Cr

Equity only, excl. debt & cash

AAUM

₹11,427.69 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

30.3%

Moderate

Top 10 Weight

42.5%

Moderate

Changes

2 new · 2 exits

Top Sector

Banks

26.3% of portfolio

Launch Date

04 Apr 1997

10+ year track record

AAUM (Average Assets Under Management) of ₹11,427.69 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 Flexi Cap Fund made 2 new additions and exited 2 stocks this month. The biggest new buy was Tech Mahindra Limited (IT - Software) at 1.50% weight. Tata Consultancy Services Limited was the biggest exit (IT - Software), which was held at 1.01%. Among existing holdings, Emami Limited saw the biggest increase — now at 0.96% of the portfolio. Power Finance Corporation Limited was trimmed the most, now at 0.26%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 26.3%. ↓ 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

-3.57%

+0.03%

+5.50%

-1.24%

Latest NAV

₹113.88

11 Sep 2026

52W High

₹119.21

-4% from High

52W Low

₹99.92

+14% 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

17.5%

+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

17.6% 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. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.46

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.64

Penalises downside volatility only.

Std Deviation (3Y)

14.0%

Lower = more consistent returns.

NAV Chart ₹113.88 11 Sep 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: ₹113.88

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	27.4%	26.3%	▼ -1.1%
Finance	7.6%	7.3%	▼ -0.2%
Automobiles	4.6%	7.1%	▲ +2.5%
IT - Software	5.4%	6.2%	▲ +0.8%
Insurance	4.6%	6.0%	▲ +1.4%
Pharmaceuticals & Biotechnology	5.4%	5.2%	▼ -0.3%
Auto Components	4.8%	4.6%	▼ -0.2%
Telecom - Services	4.2%	4.3%	▲ +0.1%
Industrial Products	4.3%	3.8%	▼ -0.4%
Capital Markets	3.8%	3.6%	▼ -0.2%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	26.3%	26.3%	● -0.1%
Automobiles	7.1%	7.1%	● 0.0%
IT - Software	6.2%	6.7%	▲ +0.5%
Insurance	6.0%	5.8%	▼ -0.1%
Finance	7.3%	5.3%	▼ -2.0%
Capital Markets	3.6%	5.2%	▲ +1.6%
Auto Components	4.6%	5.0%	▲ +0.3%
Pharmaceuticals & Biotechnology	5.2%	4.9%	▼ -0.2%
Telecom - Services	4.3%	4.1%	▼ -0.3%
Industrial Products	3.8%	4.0%	▲ +0.2%

🟢

Biggest New Buy

Tech Mahindra Limited

1.50% weight · IT - Software

🔴

Biggest Exit

Tata Consultancy Services Limited

1.01% was held · IT - Software

↑

Biggest Add

Emami Limited

+0.30% · now 0.96%

↓

Biggest Trim

Power Finance Corporation Limited

-1.18% · now 0.26%

🤝 Other funds also bought this month

Tech Mahindra Limited 39 funds

HDFC Asset Management Company Limited 18 funds

👋 Other funds also exited

Tata Consultancy Services Limited 51 funds

GAIL (India) Limited 23 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 2 New Entries 🔴 2 Exits ↑ 27 Increased ↓ 32 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	Tech Mahindra Limited ₹187.03 Cr	IT - Software	1.50%
2	HDFC Asset Management Company Limited ₹123.38 Cr	Capital Markets	0.99%

#	Stock	Sector	Last Weight (Jul 2026)
1	Tata Consultancy Services Limited ₹125.84 Cr	IT - Software	1.01%
2	GAIL (India) Limited ₹5.29 Cr	Gas	0.04%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Emami Limited ₹119.48 Cr	Personal Products	0.66%	0.96%	+0.30%
2	Multi Commodity Exchange of India Limited ₹163.05 Cr	Capital Markets	1.04%	1.30%	+0.26%
3	APL Apollo Tubes Limited ₹173.83 Cr	Industrial Products	1.14%	1.39%	+0.25%
4	Axis Bank Limited ₹608.69 Cr	Banks	4.63%	4.87%	+0.24%
5	Samvardhana Motherson International Limited ₹245.03 Cr	Auto Components	1.74%	1.96%	+0.22%
6	Prudent Corporate Advisory Services Limited ₹220.05 Cr	Capital Markets	1.58%	1.76%	+0.18%
7	Aditya Birla Sun Life AMC Limited ₹91.45 Cr	Capital Markets	0.56%	0.73%	+0.17%
8	Eternal Limited ₹241.28 Cr	Retailing	1.79%	1.93%	+0.14%
9	Maruti Suzuki India Limited ₹148.33 Cr	Automobiles	1.05%	1.19%	+0.14%
10	UNO Minda Limited ₹225.62 Cr	Auto Components	1.68%	1.80%	+0.12%
11	State Bank of India ₹444.71 Cr	Banks	3.46%	3.56%	+0.10%
12	CG Power and Industrial Solutions Limited ₹223.53 Cr	Electrical Equipment	1.69%	1.79%	+0.10%
13	Max Financial Services Limited ₹263.16 Cr	Insurance	2.02%	2.11%	+0.09%
14	ICICI Bank Limited ₹1,195.94 Cr	Banks	9.49%	9.57%	+0.08%
15	Petronet LNG Limited ₹108.53 Cr	Gas	0.81%	0.87%	+0.06%
16	Coromandel International Limited ₹171.98 Cr	Fertilizers & Agrochemicals	1.34%	1.38%	+0.04%
17	Oil India Limited ₹105.82 Cr	Oil	0.81%	0.85%	+0.04%
18	Coforge Limited ₹301.23 Cr	IT - Software	2.38%	2.41%	+0.03%
19	Polycab India Limited ₹126.50 Cr	Industrial Products	0.98%	1.01%	+0.03%
20	Dixon Technologies (India) Limited ₹79.24 Cr	Consumer Durables	0.60%	0.63%	+0.03%
21	Canara HSBC Life Insurance Co Ltd ₹67.74 Cr	Insurance	0.51%	0.54%	+0.03%
22	Syngene International Limited ₹87.46 Cr	Healthcare Services	0.68%	0.70%	+0.02%
23	Indigo Paints Limited ₹68.23 Cr	Consumer Durables	0.53%	0.55%	+0.02%
24	IPCA Laboratories Limited ₹53.49 Cr	Pharmaceuticals & Biotechnology	0.41%	0.43%	+0.02%
25	Bharat Petroleum Corporation Limited ₹273.13 Cr	Petroleum Products	2.17%	2.18%	+0.01%
26	Hero MotoCorp Limited ₹200.86 Cr	Automobiles	1.60%	1.61%	+0.01%
27	AU Small Finance Bank Limited ₹28.74 Cr	Banks	0.22%	0.23%	+0.01%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Power Finance Corporation Limited ₹32.15 Cr	Finance	1.44%	0.26%	-1.18%
2	Bajaj Finance Limited ₹285.34 Cr	Finance	3.00%	2.28%	-0.72%
3	HDFC Bank Limited ₹1,003.26 Cr	Banks	8.51%	8.03%	-0.48%
4	Bharti Airtel Limited ₹343.52 Cr	Telecom - Services	3.00%	2.75%	-0.25%
5	SBI Life Insurance Company Limited ₹267.81 Cr	Insurance	2.33%	2.14%	-0.19%
6	Radico Khaitan Limited ₹224.94 Cr	Beverages	1.98%	1.80%	-0.18%
7	Mahindra & Mahindra Limited ₹534.71 Cr	Automobiles	4.45%	4.28%	-0.17%
8	Alkem Laboratories Limited ₹190.70 Cr	Pharmaceuticals & Biotechnology	1.65%	1.53%	-0.12%
9	Cohance Lifesciences Limited ₹89.98 Cr	Pharmaceuticals & Biotechnology	0.84%	0.72%	-0.12%
10	Cholamandalam Investment and Finance Company Ltd ₹312.53 Cr	Finance	2.60%	2.50%	-0.10%
11	Rainbow Childrens Medicare Limited ₹135.22 Cr	Healthcare Services	1.17%	1.08%	-0.09%
12	Kirloskar Oil Engines Limited ₹202.87 Cr	Industrial Products	1.70%	1.62%	-0.08%
13	KEC International Limited ₹74.14 Cr	Construction	0.67%	0.59%	-0.08%
14	Century Plyboards (India) Limited ₹135.37 Cr	Consumer Durables	1.15%	1.08%	-0.07%
15	HCL Technologies Limited ₹143.75 Cr	IT - Software	1.19%	1.15%	-0.04%
16	ICICI Lombard General Insurance Company Limited ₹78.77 Cr	Insurance	0.66%	0.63%	-0.03%
17	JK Cement Limited ₹64.96 Cr	Cement & Cement Products	0.55%	0.52%	-0.03%
18	Atul Limited ₹53.98 Cr	Chemicals & Petrochemicals	0.46%	0.43%	-0.03%
19	Niva Bupa Health Insurance Company Limited ₹51.27 Cr	Insurance	0.44%	0.41%	-0.03%
20	Hindustan Petroleum Corporation Limited ₹42.88 Cr	Petroleum Products	0.37%	0.34%	-0.03%
21	Hindustan Unilever Limited ₹40.24 Cr	Diversified FMCG	0.35%	0.32%	-0.03%
22	Cipla Limited ₹282.50 Cr	Pharmaceuticals & Biotechnology	2.28%	2.26%	-0.02%
23	PG Electroplast Limited ₹55.65 Cr	Consumer Durables	0.47%	0.45%	-0.02%
24	REC Limited ₹13.77 Cr	Finance	0.13%	0.11%	-0.02%
25	Indus Towers Limited ₹164.71 Cr	Telecom - Services	1.33%	1.32%	-0.01%
26	Avenue Supermarts Limited ₹157.71 Cr	Retailing	1.27%	1.26%	-0.01%
27	The Phoenix Mills Limited ₹81.83 Cr	Realty	0.66%	0.65%	-0.01%
28	Schaeffler India Limited ₹68.23 Cr	Auto Components	0.56%	0.55%	-0.01%
29	Havells India Limited ₹60.12 Cr	Consumer Durables	0.49%	0.48%	-0.01%
30	ICICI Prudential Asset Management Company Limited ₹51.01 Cr	Capital Markets	0.42%	0.41%	-0.01%
31	PI Industries Limited ₹5.44 Cr	Fertilizers & Agrochemicals	0.05%	0.04%	-0.01%
32	AIA Engineering Limited ₹1.82 Cr	Industrial Products	0.02%	0.01%	-0.01%

What Stocks Does This Fund Hold?

67 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹1,195.94 Cr	Banks	9.57%
2	HDFC Bank Limited ₹1,003.26 Cr	Banks	8.03%
3	Axis Bank Limited ₹608.69 Cr	Banks	4.87%
4	Mahindra & Mahindra Limited ₹534.71 Cr	Automobiles	4.28%
5	State Bank of India ₹444.71 Cr	Banks	3.56%
6	Bharti Airtel Limited ₹343.52 Cr	Telecom - Services	2.75%
7	Cholamandalam Investment and Finance Company Ltd ₹312.53 Cr	Finance	2.50%
8	Coforge Limited ₹301.23 Cr	IT - Software	2.41%
9	Bajaj Finance Limited ₹285.34 Cr	Finance	2.28%
10	Cipla Limited ₹282.50 Cr	Pharmaceuticals & Biotechnology	2.26%
11	Bharat Petroleum Corporation Limited ₹273.13 Cr	Petroleum Products	2.18%
12	SBI Life Insurance Company Limited ₹267.81 Cr	Insurance	2.14%
13	Max Financial Services Limited ₹263.16 Cr	Insurance	2.11%
14	Samvardhana Motherson International Limited ₹245.03 Cr	Auto Components	1.96%
15	Eternal Limited ₹241.28 Cr	Retailing	1.93%
16	Radico Khaitan Limited ₹224.94 Cr	Beverages	1.80%
17	UNO Minda Limited ₹225.62 Cr	Auto Components	1.80%
18	CG Power and Industrial Solutions Limited ₹223.53 Cr	Electrical Equipment	1.79%
19	Prudent Corporate Advisory Services Limited ₹220.05 Cr	Capital Markets	1.76%
20	Kirloskar Oil Engines Limited ₹202.87 Cr	Industrial Products	1.62%
21	Hero MotoCorp Limited ₹200.86 Cr	Automobiles	1.61%
22	Infosys Limited ₹199.78 Cr	IT - Software	1.60%
23	Alkem Laboratories Limited ₹190.70 Cr	Pharmaceuticals & Biotechnology	1.53%
24	Tech Mahindra Limited ₹187.03 Cr	IT - Software	1.50%
25	APL Apollo Tubes Limited ₹173.83 Cr	Industrial Products	1.39%
26	Coromandel International Limited ₹171.98 Cr	Fertilizers & Agrochemicals	1.38%
27	Indus Towers Limited ₹164.71 Cr	Telecom - Services	1.32%
28	Multi Commodity Exchange of India Limited ₹163.05 Cr	Capital Markets	1.30%
29	Avenue Supermarts Limited ₹157.71 Cr	Retailing	1.26%
30	Maruti Suzuki India Limited ₹148.33 Cr	Automobiles	1.19%
31	HCL Technologies Limited ₹143.75 Cr	IT - Software	1.15%
32	Century Plyboards (India) Limited ₹135.37 Cr	Consumer Durables	1.08%
33	Rainbow Childrens Medicare Limited ₹135.22 Cr	Healthcare Services	1.08%
34	Polycab India Limited ₹126.50 Cr	Industrial Products	1.01%
35	HDFC Asset Management Company Limited ₹123.38 Cr	Capital Markets	0.99%
36	Emami Limited ₹119.48 Cr	Personal Products	0.96%
37	Petronet LNG Limited ₹108.53 Cr	Gas	0.87%
38	Oil India Limited ₹105.82 Cr	Oil	0.85%
39	Aditya Birla Sun Life AMC Limited ₹91.45 Cr	Capital Markets	0.73%
40	Cohance Lifesciences Limited ₹89.98 Cr	Pharmaceuticals & Biotechnology	0.72%
41	Syngene International Limited ₹87.46 Cr	Healthcare Services	0.70%
42	Tube Investments of India Limited ₹82.74 Cr	Auto Components	0.66%
43	The Phoenix Mills Limited ₹81.83 Cr	Realty	0.65%
44	Dixon Technologies (India) Limited ₹79.24 Cr	Consumer Durables	0.63%
45	ICICI Lombard General Insurance Company Limited ₹78.77 Cr	Insurance	0.63%
46	KEC International Limited ₹74.14 Cr	Construction	0.59%
47	Indigo Paints Limited ₹68.23 Cr	Consumer Durables	0.55%
48	Schaeffler India Limited ₹68.23 Cr	Auto Components	0.55%
49	Canara HSBC Life Insurance Co Ltd ₹67.74 Cr	Insurance	0.54%
50	JK Cement Limited ₹64.96 Cr	Cement & Cement Products	0.52%
51	Havells India Limited ₹60.12 Cr	Consumer Durables	0.48%
52	PG Electroplast Limited ₹55.65 Cr	Consumer Durables	0.45%
53	Atul Limited ₹53.98 Cr	Chemicals & Petrochemicals	0.43%
54	IPCA Laboratories Limited ₹53.49 Cr	Pharmaceuticals & Biotechnology	0.43%
55	Niva Bupa Health Insurance Company Limited ₹51.27 Cr	Insurance	0.41%
56	ICICI Prudential Asset Management Company Limited ₹51.01 Cr	Capital Markets	0.41%
57	Hindustan Petroleum Corporation Limited ₹42.88 Cr	Petroleum Products	0.34%
58	Hindustan Unilever Limited ₹40.24 Cr	Diversified FMCG	0.32%
59	Power Finance Corporation Limited ₹32.15 Cr	Finance	0.26%
60	AU Small Finance Bank Limited ₹28.74 Cr	Banks	0.23%
61	Bajaj Finserv Limited ₹19.70 Cr	Finance	0.16%
62	REC Limited ₹13.77 Cr	Finance	0.11%
63	SRF Limited ₹7.18 Cr	Chemicals & Petrochemicals	0.06%
64	PI Industries Limited ₹5.44 Cr	Fertilizers & Agrochemicals	0.04%
65	LG Electronics India Ltd ₹2.54 Cr	Consumer Durables	0.02%
66	AIA Engineering Limited ₹1.82 Cr	Industrial Products	0.01%
67	SIP Technologies Ltd.	IT - Software	0.00%