Loading…
Sectoral / Thematic · DSP Mutual Fund · AMFI code 152206DSP Banking & Financial Services Fund
Disclosed for 34 months, Dec 2023 to Sep 2026.
Portfolio value
₹1,012 Cr
down ₹5.2 Cr vs Dec 2024
- Stocks held
- 22
- unchanged
- Top 10 weight
- 67.5%
- of the portfolio in its ten largest
- Cash & debt
- 17.9%
- cash, money market and debt
- Moves this month
- 2 in · 2 out
DSP Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from DSP Mutual Fund. In January 2025 it disclosed 22 stocks worth ₹1,012 Cr, down ₹5.2 Cr from Dec 2024. Its largest positions were ICICI Bank Limited (16.8%), Bajaj Finserv Limited (9.6%), HDFC Bank Limited (7.6%); the ten largest together made up 67.5% of the portfolio, and Banks was the biggest sector at 46.6% of its equity. Cash and debt stood at 17.9%. Compared with Dec 2024 the fund entered 2 new stocks and exited 2.
Against 229 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
98%
Holds more cash than 98% of peers
What these mean: concentration · cash
Holdings in January 2025
Download CSVEvery line the fund disclosed, with the change against Dec 2024. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 17.94% | up 6.81 pts | ₹181 Cr | up ₹68.3 Cr | Added |
| ICICI Bank Limited | 16.84% | up 1.63 pts | ₹170 Cr | up ₹15.7 Cr | Added |
| Bajaj Finserv Limited | 9.58% | down 0.18 pts | ₹96.9 Cr | down ₹2.3 Cr | Trimmed |
| HDFC Bank Limited | 7.56% | down 8.13 pts | ₹76.4 Cr | down ₹83.1 Cr | Trimmed |
| State Bank of India | 7.22% | down 0.17 pts | ₹73 Cr | down ₹2.1 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 6.27% | up 0.52 pts | ₹63.5 Cr | up ₹4.9 Cr | Added |
| Bajaj Finance Limited | 5.61% | up 0.78 pts | ₹56.8 Cr | up ₹7.6 Cr | Added |
| Axis Bank Limited | 4.39% | up 2.29 pts | ₹44.4 Cr | up ₹23.1 Cr | Added |
| Power Finance Corporation Limited | 4.14% | down 0.23 pts | ₹41.8 Cr | down ₹2.6 Cr | Trimmed |
| Bajaj Housing Finance Limited | 3.03% | down 0.27 pts | ₹30.6 Cr | down ₹2.9 Cr | Trimmed |
| Nippon Life India Asset Management Limited | 2.85% | down 0.39 pts | ₹28.8 Cr | down ₹4.2 Cr | Trimmed |
| Niva Bupa Health Insurance Company Limited | 2.17% | down 0.07 pts | ₹21.9 Cr | down ₹80 L | Trimmed |
| Life Insurance Corporation Of India | 2.03% | down 0.10 pts | ₹20.6 Cr | down ₹1.1 Cr | Trimmed |
| SBI Life Insurance Company Limited | 1.73% | up 0.12 pts | ₹17.5 Cr | up ₹1.1 Cr | Added |
| Zaggle Prepaid Ocean Services Limited | 1.57% | down 0.27 pts | ₹15.9 Cr | down ₹2.8 Cr | Trimmed |
| Manappuram Finance Limited | 1.55% | up 0.07 pts | ₹15.7 Cr | up ₹61 L | Added |
| AU Small Finance Bank Limited | 1.51% | down 0.48 pts | ₹15.3 Cr | down ₹5 Cr | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 1.48% | down 0.08 pts | ₹15 Cr | down ₹94 L | Trimmed |
| Max Financial Services Limited | 1.00% | up 1.00 pts | ₹10.1 Cr | up ₹10.1 Cr | New |
| CSB Bank Limited | 0.71% | down 0.01 pts | ₹7.1 Cr | down ₹16 L | Trimmed |
| BSE Limited | 0.52% | up 0.52 pts | ₹5.3 Cr | up ₹5.3 Cr | New |
| 5Paisa Capital Limited | 0.31% | down 0.04 pts | ₹3.2 Cr | down ₹44 L | Trimmed |
| Angel One Limited | <0.01% | down 2.01 pts | ₹5 L | down ₹20.5 Cr | Trimmed |
What changed, Dec 2024 to Jan 2025
New New positions (2)
- Max Financial Services Limited1.0% · ₹10.1 Cr
- BSE Limited0.5% · ₹5.3 Cr
Exited Exited (2)
- Bank of Indiawas 1.2% · ₹12.2 Cr
- Union Bank of Indiawas 0.7% · ₹7 Cr
Added Biggest additions
- Axis Bank Limitedup ₹23.1 Cr (+2.29% pts)
- ICICI Bank Limitedup ₹15.7 Cr (+1.63% pts)
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 Dec 2024, the weight rose most in Finance (+3.9 pts) and Insurance (+1.8 pts), and fell most in Banks (−3.7 pts) and Capital Markets (−1.8 pts).
- Finance34.7% → 38.6%+3.9 pts
- Insurance6.7% → 8.4%+1.8 pts
- Banks50.3% → 46.6%−3.7 pts
- Capital Markets6.3% → 4.5%−1.8 pts
- IT - Services2.1% → 1.9%−0.1 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 | Jan 2024 | Jul 2024 | Oct 2024 | Dec 2024 | Jan 2025 |
|---|---|---|---|---|---|
| Banks | 52.2% | 53.7% | 50.5% | 50.3% | 46.6% |
| Finance | 39.6% | 36.3% | 34.6% | 34.7% | 38.6% |
| Insurance | 1.2% | 3.0% | 4.5% | 6.7% | 8.4% |
| Capital Markets | 7.1% | 7.1% | 10.4% | 6.3% | 4.5% |
| IT - Services | — | — | — | 2.1% | 1.9% |
Allocation in Jan 2025change vs Dec 2024
- Banks (6)46.6%▼ 3.7 pts
- Finance (7)38.6%▲ 3.9 pts
- Insurance (4)8.4%▲ 1.8 pts
- Capital Markets (4)4.5%▼ 1.8 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, Jan 2025
17.9%
▲ 6.8 pts vs Dec 2024
- Cash alone
- 17.9%
- cash and net receivables
- A year earlier
- 14.8%
- Jan 2024 · now ▲ 3.1 pts
- Last 12 months
- 1.1% – 17.9%
- 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.