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Sectoral / Thematic · DSP Mutual Fund · AMFI code 152206DSP Banking & Financial Services Fund
Disclosed for 34 months, Dec 2023 to Sep 2026.
Portfolio value
₹780 Cr
up ₹95.4 Cr vs May 2024
- Stocks held
- 23
- up 2 vs May 2024
- Top 10 weight
- 77.3%
- of the portfolio in its ten largest
- Cash & debt
- 1.1%
- cash, money market and debt
- Moves this month
- 4 in · 2 out
DSP Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from DSP Mutual Fund. In June 2024 it disclosed 23 stocks worth ₹780 Cr, up ₹95.4 Cr from May 2024. Its largest positions were HDFC Bank Limited (21.6%), ICICI Bank Limited (17.9%), Bajaj Finserv Limited (9.6%); the ten largest together made up 77.3% of the portfolio, and Banks was the biggest sector at 53.9% of its equity. Cash and debt stood at 1.1%. Compared with May 2024 the fund entered 4 new stocks and exited 2.
Against 229 other Sectoral / Thematic funds
Concentration
97%
Top-10 weight is higher than 97% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
13%
Holds more cash than 13% of peers
What these mean: concentration · cash
Holdings in June 2024
Download CSVEvery line the fund disclosed, with the change against May 2024. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 21.58% | down 2.29 pts | ₹168 Cr | up ₹4.9 Cr | Added |
| ICICI Bank Limited | 17.86% | up 0.15 pts | ₹139 Cr | up ₹18.1 Cr | Added |
| Bajaj Finserv Limited | 9.57% | up 0.49 pts | ₹74.7 Cr | up ₹12.5 Cr | Added |
| Power Finance Corporation Limited | 5.90% | up 3.01 pts | ₹46 Cr | up ₹26.3 Cr | Added |
| Bajaj Finance Limited | 4.78% | down 0.35 pts | ₹37.3 Cr | up ₹2.2 Cr | Added |
| Nippon Life India Asset Management Limited | 3.75% | down 0.21 pts | ₹29.3 Cr | up ₹2.1 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 3.73% | up 0.29 pts | ₹29.1 Cr | up ₹5.6 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 3.72% | up 0.03 pts | ₹29 Cr | up ₹3.7 Cr | Added |
| Axis Bank Limited | 3.24% | up 0.33 pts | ₹25.3 Cr | up ₹5.4 Cr | Added |
| State Bank of India | 3.15% | up 3.15 pts | ₹24.6 Cr | up ₹24.6 Cr | New |
| AU Small Finance Bank Limited | 3.12% | down 0.33 pts | ₹24.3 Cr | up ₹69 L | Added |
| L&T Finance Limited | 3.11% | up 3.11 pts | ₹24.3 Cr | up ₹24.3 Cr | New |
| KFin Technologies Limited | 2.54% | up 1.03 pts | ₹19.8 Cr | up ₹9.5 Cr | Added |
| Life Insurance Corporation Of India | 2.53% | up 0.57 pts | ₹19.8 Cr | up ₹6.3 Cr | Added |
| Manappuram Finance Limited | 2.13% | up 2.13 pts | ₹16.6 Cr | up ₹16.6 Cr | New |
| Bank of India | 1.84% | down 0.40 pts | ₹14.4 Cr | down ₹98 L | Trimmed |
| Can Fin Homes Limited | 1.55% | up 0.15 pts | ₹12.1 Cr | up ₹2.5 Cr | Added |
| CSB Bank Limited | 1.46% | up 1.46 pts | ₹11.4 Cr | up ₹11.4 Cr | New |
| Cash, TREPS & receivables | 1.12% | down 4.52 pts | ₹8.8 Cr | down ₹29.9 Cr | Trimmed |
| Union Bank of India | 1.01% | down 0.34 pts | ₹7.9 Cr | down ₹1.4 Cr | Trimmed |
| Fusion Finance Limited | 0.87% | down 0.13 pts | ₹6.8 Cr | down ₹9 L | Trimmed |
| Prudent Corporate Advisory Services Limited | 0.78% | down 0.07 pts | ₹6.1 Cr | up ₹28 L | Added |
| 5Paisa Capital Limited | 0.51% | down 0.07 pts | ₹4 Cr | down ₹2 L | Trimmed |
| IIFL Finance Limited | 0.16% | up 0.02 pts | ₹1.2 Cr | up ₹28 L | Added |
What changed, May 2024 to Jun 2024
New New positions (4)
- State Bank of India3.2% · ₹24.6 Cr
- L&T Finance Limited3.1% · ₹24.3 Cr
- Manappuram Finance Limited2.1% · ₹16.6 Cr
- CSB Bank Limited1.5% · ₹11.4 Cr
Exited Exited (2)
- REC Limitedwas 5.3% · ₹36.3 Cr
- Housing & Urban Development Corporation Limitedwas 1.9% · ₹13.1 Cr
Added Biggest additions
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since May 2024, the weight rose most in Insurance (+0.5 pts) and Capital Markets (+0.4 pts), and fell most in Banks (−0.7 pts).
- Insurance2.1% → 2.6%+0.5 pts
- Capital Markets7.3% → 7.7%+0.4 pts
- Banks54.6% → 53.9%−0.7 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Dec 2023 | Mar 2024 | May 2024 | Jun 2024 |
|---|---|---|---|---|
| Banks | 46.2% | 55.4% | 54.6% | 53.9% |
| Finance | 48.4% | 37.8% | 36.0% | 35.9% |
| Capital Markets | 5.4% | 6.8% | 7.3% | 7.7% |
| Insurance | — | — | 2.1% | 2.6% |
Allocation in Jun 2024change vs May 2024
- Banks (8)53.9%▼ 0.7 pts
- Finance (10)35.9%▼ 0.1 pts
- Capital Markets (4)7.7%▲ 0.4 pts
- Insurance (1)2.6%▲ 0.5 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jun 2024
1.1%
▼ 4.5 pts vs May 2024
- Cash alone
- 1.1%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.1% – 41.1%
- lowest to highest · record 41.1% in Dec 2023
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.