Loading…
Sectoral / Thematic · DSP Mutual Fund · AMFI code 152206DSP Banking & Financial Services Fund
Disclosed for 34 months, Dec 2023 to Sep 2026.
Portfolio value
₹1,346 Cr
up ₹5.3 Cr vs Jun 2025
- Stocks held
- 23
- unchanged
- Top 10 weight
- 65.4%
- of the portfolio in its ten largest
- Cash & debt
- 11.5%
- cash, money market and debt
- Moves this month
DSP Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from DSP Mutual Fund. In July 2025 it disclosed 23 stocks worth ₹1,346 Cr, up ₹5.3 Cr from Jun 2025. Its largest positions were ICICI Bank Limited (16.2%), Bajaj Finserv Limited (9.5%), State Bank of India (6.7%); the ten largest together made up 65.4% of the portfolio, and Finance was the biggest sector at 39.4% of its equity. Cash and debt stood at 11.5%. Compared with Jun 2025 the fund entered 0 new stocks and exited 0.
Against 229 other Sectoral / Thematic funds
Concentration
90%
Top-10 weight is higher than 90% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
97%
Holds more cash than 97% of peers
What these mean: concentration · cash
Holdings in July 2025
Download CSVEvery line the fund disclosed, with the change against Jun 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 16.24% | up 0.33 pts | ₹219 Cr | up ₹5.3 Cr | Added |
| Cash, TREPS & receivables | 11.51% | up 4.16 pts | ₹155 Cr | up ₹56.5 Cr | Added |
| Bajaj Finserv Limited | 9.51% | down 0.57 pts | ₹128 Cr | down ₹7.1 Cr | Trimmed |
| State Bank of India | 6.66% | down 0.23 pts | ₹89.6 Cr | down ₹2.7 Cr | Trimmed |
| Axis Bank Limited | 6.50% | down 0.82 pts | ₹87.6 Cr | down ₹10.7 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 5.48% | down 1.26 pts | ₹73.8 Cr | down ₹16.6 Cr | Trimmed |
| Bajaj Finance Limited | 5.30% | down 0.35 pts | ₹71.4 Cr | down ₹4.5 Cr | Trimmed |
| SBI Life Insurance Company Limited | 5.25% | down 0.01 pts | ₹70.7 Cr | up ₹9 L | Held |
| Multi Commodity Exchange of India Limited | 3.79% | down 0.63 pts | ₹51.1 Cr | down ₹8.3 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 3.44% | down 0.18 pts | ₹46.4 Cr | down ₹2.2 Cr | Trimmed |
| Nippon Life India Asset Management Limited | 3.20% | down 0.45 pts | ₹43.2 Cr | down ₹5.8 Cr | Trimmed |
| Power Finance Corporation Limited | 3.02% | down 0.14 pts | ₹40.6 Cr | down ₹1.7 Cr | Trimmed |
| HDFC Bank Limited | 2.70% | up 0.01 pts | ₹36.3 Cr | up ₹30 L | Added |
| PNB Housing Finance Limited | 2.49% | down 0.32 pts | ₹33.6 Cr | down ₹4.2 Cr | Trimmed |
| CSB Bank Limited | 2.34% | up 0.14 pts | ₹31.5 Cr | up ₹1.9 Cr | Added |
| Manappuram Finance Limited | 2.31% | down 0.21 pts | ₹31.1 Cr | down ₹2.7 Cr | Trimmed |
| L&T Finance Limited | 2.08% | down 0.04 pts | ₹28 Cr | down ₹47 L | Trimmed |
| Angel One Limited | 1.74% | down 0.22 pts | ₹23.4 Cr | down ₹2.9 Cr | Trimmed |
| Life Insurance Corporation Of India | 1.73% | down 0.16 pts | ₹23.3 Cr | down ₹2 Cr | Trimmed |
| Niva Bupa Health Insurance Company Limited | 1.35% | up 0.08 pts | ₹18.2 Cr | up ₹1.2 Cr | Added |
| HDB Financial Services Limited | 1.21% | up 0.11 pts | ₹16.3 Cr | up ₹1.5 Cr | Added |
| Zaggle Prepaid Ocean Services Limited | 1.02% | down 0.09 pts | ₹13.7 Cr | down ₹1.2 Cr | Trimmed |
| ICICI Lombard General Insurance Company Limited | 0.91% | down 0.06 pts | ₹12.2 Cr | down ₹72 L | Trimmed |
| 5Paisa Capital Limited | 0.21% | down 0.02 pts | ₹2.9 Cr | down ₹29 L | Trimmed |
What changed, Jun 2025 to Jul 2025
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- ICICI Bank Limitedup ₹5.3 Cr (+0.33% pts)
- CSB Bank Limitedup ₹1.9 Cr (+0.14% pts)
- HDB Financial Services Limitedup ₹1.5 Cr (+0.11% pts)
- Niva Bupa Health Insurance Company Limitedup ₹1.2 Cr (+0.08% pts)
- HDFC Bank Limitedup ₹30 L (+0.01% 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 Jun 2025, the weight rose most in Banks (+1.5 pts) and Insurance (+0.4 pts), and fell most in Finance (−1.0 pts) and Capital Markets (−0.9 pts).
- Banks37.4% → 38.9%+1.5 pts
- Insurance10.0% → 10.4%+0.4 pts
- Finance40.4% → 39.4%−1.0 pts
- Capital Markets11.0% → 10.1%−0.9 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 | Jul 2024 | Jan 2025 | Apr 2025 | Jun 2025 | Jul 2025 |
|---|---|---|---|---|---|
| Finance | 36.3% | 38.6% | 32.8% | 40.4% | 39.4% |
| Banks | 53.7% | 46.6% | 39.2% | 37.4% | 38.9% |
| Insurance | 3.0% | 8.4% | 19.5% | 10.0% | 10.4% |
| Capital Markets | 7.1% | 4.5% | 7.3% | 11.0% | 10.1% |
| IT - Services | — | 1.9% | 1.2% | 1.2% | 1.1% |
Allocation in Jul 2025change vs Jun 2025
- Finance (9)39.4%▼ 1.0 pts
- Banks (5)38.9%▲ 1.5 pts
- Insurance (4)10.4%▲ 0.4 pts
- Capital Markets (4)10.1%▼ 0.9 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, Jul 2025
11.5%
▲ 4.2 pts vs Jun 2025
- Cash alone
- 11.5%
- cash and net receivables
- A year earlier
- 3.0%
- Jul 2024 · now ▲ 8.5 pts
- Last 12 months
- 7.3% – 19.4%
- 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.