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Small Cap · DSP Mutual Fund · AMFI code 105989DSP Small Cap Fund
Disclosed for 103 months, Mar 2018 to Sep 2026.
Portfolio value
₹21,467 Cr
down ₹192 Cr vs Aug 2026
- Stocks held
- 84
- up 1 vs Aug 2026
- Top 10 weight
- 28.4%
- of the portfolio in its ten largest
- Cash & debt
- 11.4%
- cash, money market and debt
- Moves this month
- 1 in · 0 out
- added to 10, trimmed 52
DSP Small Cap Fund is an active equity fund in the Small Cap category from DSP Mutual Fund. In September 2026 it disclosed 84 stocks worth ₹21,467 Cr, down ₹192 Cr from Aug 2026. Its largest positions were Lumax Auto Technologies Limited (5.2%), Kirloskar Oil Engines Limited (3.8%), Thangamayil Jewellery Limited (3.4%); the ten largest together made up 28.4% of the portfolio, and Industrial Products was the biggest sector at 18.7% of its equity. Cash and debt stood at 11.4%. Compared with Aug 2026 the fund entered 1 new stock and exited 0.
Against 34 other Small Cap funds
Concentration
71%
Top-10 weight is higher than 71% of peers
Breadth
44%
Holds more stocks than 44% of peers
Cash
85%
Holds more cash than 85% of peers
What these mean: concentration · cash
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. 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 | 11.35% | down 0.33 pts | ₹2,437 Cr | down ₹92.9 Cr | Trimmed |
| Lumax Auto Technologies Limited | 5.16% | up 0.04 pts | ₹1,108 Cr | down ₹96 L | Held |
| Kirloskar Oil Engines Limited | 3.77% | up 0.37 pts | ₹810 Cr | up ₹72 Cr | Added |
| Thangamayil Jewellery Limited | 3.37% | down 0.20 pts | ₹724 Cr | down ₹50 Cr | Trimmed |
| Welspun Corp Limited | 2.94% | up 0.38 pts | ₹631 Cr | up ₹75.8 Cr | Added |
| Sansera Engineering Limited | 2.85% | down 0.43 pts | ₹613 Cr | down ₹98.6 Cr | Trimmed |
| Shriram Pistons & Rings Limited | 2.34% | up 0.04 pts | ₹503 Cr | up ₹4.8 Cr | Added |
| IPCA Laboratories Limited | 2.14% | up 0.12 pts | ₹459 Cr | up ₹21.4 Cr | Added |
| eClerx Services Limited | 2.02% | down 0.01 pts | ₹433 Cr | down ₹6.9 Cr | Trimmed |
| Dodla Dairy Limited | 1.96% | down 0.10 pts | ₹422 Cr | down ₹25.3 Cr | Trimmed |
| Jubilant Ingrevia Limited | 1.83% | down 0.04 pts | ₹392 Cr | down ₹13 Cr | Trimmed |
| LT Foods Limited | 1.82% | down 0.19 pts | ₹390 Cr | down ₹44.9 Cr | Trimmed |
| Gland Pharma Limited | 1.78% | up 0.02 pts | ₹382 Cr | up ₹1.8 Cr | Held |
| Prudent Corporate Advisory Services Limited | 1.71% | up <0.01 pts | ₹368 Cr | down ₹2.7 Cr | Trimmed |
| Concord Biotech Limited | 1.68% | down 0.07 pts | ₹360 Cr | down ₹19 Cr | Trimmed |
| Harsha Engineers International Limited | 1.53% | up 0.06 pts | ₹329 Cr | up ₹10.1 Cr | Added |
| Cyient Limited | 1.42% | down 0.08 pts | ₹304 Cr | down ₹20.5 Cr | Trimmed |
| Suprajit Engineering Limited | 1.34% | down 0.05 pts | ₹289 Cr | down ₹13.4 Cr | Trimmed |
| PNB Housing Finance Limited | 1.33% | down 0.02 pts | ₹285 Cr | down ₹7.3 Cr | Trimmed |
| Voltamp Transformers Limited | 1.32% | down 0.04 pts | ₹283 Cr | down ₹11 Cr | Trimmed |
| Max Financial Services Limited | 1.29% | down 0.01 pts | ₹277 Cr | down ₹4.1 Cr | Trimmed |
| Aarti Drugs Limited | 1.28% | up 0.07 pts | ₹275 Cr | up ₹12.3 Cr | Added |
| TCPL Packaging Limited | 1.23% | up 0.07 pts | ₹264 Cr | up ₹12.5 Cr | Added |
| Swaraj Engines Limited | 1.21% | up <0.01 pts | ₹259 Cr | down ₹1.7 Cr | Trimmed |
| Techno Electric & Engineering Company Limited | 1.17% | up 0.04 pts | ₹252 Cr | up ₹6.7 Cr | Added |
| Apar Industries Limited | 1.11% | down 0.01 pts | ₹239 Cr | down ₹4.4 Cr | Trimmed |
| Atul Limited | 1.11% | down 0.08 pts | ₹239 Cr | down ₹19.2 Cr | Trimmed |
| Dhanuka Agritech Limited | 1.06% | down 0.04 pts | ₹227 Cr | down ₹11.7 Cr | Trimmed |
| Nilkamal Limited | 1.04% | down 0.05 pts | ₹224 Cr | down ₹12.3 Cr | Trimmed |
| Greenlam Industries Limited | 1.01% | down 0.16 pts | ₹217 Cr | down ₹35.7 Cr | Trimmed |
| Triveni Engineering & Industries Limited | 1.01% | down 0.19 pts | ₹216 Cr | down ₹44 Cr | Trimmed |
| Navin Fluorine International Limited | 1.00% | down 0.04 pts | ₹215 Cr | down ₹11.3 Cr | Trimmed |
| Narayana Hrudayalaya Limited | 0.99% | up 0.09 pts | ₹212 Cr | up ₹18 Cr | Added |
| IFB Industries Limited | 0.98% | down 0.10 pts | ₹210 Cr | down ₹22.8 Cr | Trimmed |
| Bayer Cropscience Limited | 0.98% | down 0.08 pts | ₹210 Cr | down ₹19.8 Cr | Trimmed |
| VARDHMAN TEXTILES LTD. Vardhman Textiles Limited · history in this fund | 0.95% | down 0.06 pts | ₹204 Cr | down ₹14.3 Cr | Trimmed |
| Rainbow Childrens Medicare Limited | 0.94% | down 0.06 pts | ₹202 Cr | down ₹15.4 Cr | Trimmed |
| Mold-Tek Packaging Limited | 0.92% | down 0.06 pts | ₹197 Cr | down ₹14.5 Cr | Trimmed |
| Sona BLW Precision Forgings Limited | 0.90% | up 0.03 pts | ₹193 Cr | up ₹3.9 Cr | Added |
| R R Kabel Limited | 0.90% | down 0.14 pts | ₹192 Cr | down ₹31.3 Cr | Trimmed |
| Jamna Auto Industries Limited | 0.87% | up 0.54 pts | ₹187 Cr | up ₹115 Cr | Added |
| S. P. Apparels Limited | 0.87% | down 0.07 pts | ₹186 Cr | down ₹16.5 Cr | Trimmed |
| Safari Industries (India) Limited | 0.87% | down 0.04 pts | ₹186 Cr | down ₹10.6 Cr | Trimmed |
| KPIT Technologies Limited | 0.84% | up 0.28 pts | ₹181 Cr | up ₹59.1 Cr | Added |
| Anand Rathi Wealth Limited | 0.80% | down 0.02 pts | ₹172 Cr | down ₹6.8 Cr | Trimmed |
| West Coast Paper Mills Limited | 0.79% | up 0.14 pts | ₹169 Cr | up ₹28.7 Cr | Added |
| Kalpataru Projects International Limited | 0.78% | up 0.20 pts | ₹167 Cr | up ₹41.4 Cr | Added |
| Kalyani Steels Limited | 0.76% | up 0.05 pts | ₹164 Cr | up ₹9.5 Cr | Added |
| Ratnamani Metals & Tubes Limited | 0.76% | up 0.03 pts | ₹164 Cr | up ₹4.5 Cr | Added |
| Westlife Foodworld Limited | 0.75% | up 0.03 pts | ₹161 Cr | up ₹5.1 Cr | Added |
What changed, Aug 2026 to Sep 2026
New New positions (1)
- Chambal Fertilizers & Chemicals Limited0.6% · ₹122 Cr
Exited Exited (0)
None.
Added Biggest additions
- Jamna Auto Industries Limitedup ₹115 Cr (+0.54% pts)
- Welspun Corp Limitedup ₹75.8 Cr (+0.38% pts)
- Kirloskar Oil Engines Limitedup ₹72 Cr (+0.37% pts)
- KPIT Technologies Limitedup ₹59.1 Cr (+0.28% pts)
- Kalpataru Projects International Limitedup ₹41.4 Cr (+0.20% pts)
- West Coast Paper Mills Limitedup ₹28.7 Cr (+0.14% pts)
- HLE Glascoat Limitedup ₹24.8 Cr (+0.12% pts)
- IPCA Laboratories Limitedup ₹21.4 Cr (+0.12% pts)
- SRF Limitedup ₹20.8 Cr (+0.10% pts)
- Borosil Limitedup ₹19.5 Cr (+0.09% pts)
Trimmed Biggest reductions
- Sansera Engineering Limiteddown ₹98.6 Cr (−0.43% pts)
- Happy Forgings Limiteddown ₹51.1 Cr (−0.23% pts)
- Thangamayil Jewellery Limiteddown ₹50 Cr (−0.20% pts)
- LT Foods Limiteddown ₹44.9 Cr (−0.19% pts)
- Triveni Engineering & Industries Limiteddown ₹44 Cr (−0.19% pts)
- Greenlam Industries Limiteddown ₹35.7 Cr (−0.16% pts)
- R R Kabel Limiteddown ₹31.3 Cr (−0.14% pts)
- Dodla Dairy Limiteddown ₹25.3 Cr (−0.10% pts)
- IFB Industries Limiteddown ₹22.8 Cr (−0.10% pts)
- Amber Enterprises India Limiteddown ₹21.8 Cr (−0.09% 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 Aug 2026, the weight rose most in Fertilizers & Agrochemicals (+0.5 pts) and Industrial Products (+0.4 pts), and fell most in Consumer Durables (−0.8 pts) and Agricultural Food & Other Products (−0.4 pts).
- Fertilizers & Agrochemicals3.0% → 3.4%+0.5 pts
- Industrial Products18.3% → 18.7%+0.4 pts
- Construction2.4% → 2.7%+0.3 pts
- IT - Software0.6% → 1.0%+0.3 pts
- Paper, Forest & Jute Products0.7% → 0.9%+0.2 pts
- Industrial Manufacturing1.5% → 1.6%+0.1 pts
- Consumer Durables12.4% → 11.6%−0.8 pts
- Agricultural Food & Other Products3.6% → 3.2%−0.4 pts
- Food Products2.3% → 2.2%−0.1 pts
- Chemicals & Petrochemicals6.4% → 6.3%−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 | Sep 2023 | Sep 2025 | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Industrial Products | 21.3% | 18.1% | 17.3% | 19.2% | 18.3% | 18.7% |
| Auto Components | 6.9% | 12.3% | 15.4% | 14.7% | 16.4% | 16.5% |
| Consumer Durables | 13.8% | 13.5% | 13.1% | 14.8% | 12.4% | 11.6% |
| Pharmaceuticals & Biotechnology | 5.3% | 7.6% | 8.6% | 8.4% | 9.1% | 9.2% |
| Chemicals & Petrochemicals | 4.6% | 8.8% | 8.2% | 6.5% | 6.4% | 6.3% |
| Fertilizers & Agrochemicals | 5.2% | 3.2% | 3.4% | 3.5% | 3.0% | 3.4% |
| Capital Markets | 2.6% | 2.8% | 2.9% | 3.1% | 3.3% | 3.2% |
| Agricultural Food & Other Products | 4.8% | 4.8% | 5.0% | 4.2% | 3.6% | 3.2% |
| Electrical Equipment | 1.5% | 2.0% | 2.5% | 2.8% | 2.8% | 2.7% |
| Finance | 2.1% | 1.5% | 1.9% | 2.4% | 2.8% | 2.7% |
Allocation in Sep 2026change vs Aug 2026
- Industrial Products (13)18.7%▲ 0.4 pts
- Auto Components (8)16.5%▲ 0.1 pts
- Consumer Durables (11)11.6%▼ 0.8 pts
- Pharmaceuticals & Biotechnology (7)9.2%▲ 0.1 pts
- Chemicals & Petrochemicals (6)6.3%▼ 0.1 pts
- Fertilizers & Agrochemicals (4)3.4%▲ 0.5 pts
- Capital Markets (3)3.2%▼ 0.1 pts
- Agricultural Food & Other Products (2)3.2%▼ 0.4 pts
- Electrical Equipment (2)2.7%▼ 0.1 pts
- Finance (3)2.7%▼ 0.1 pts
- Construction (3)2.7%▲ 0.3 pts
- Insurance (3)2.7%▼ 0.1 pts
- Commercial Services & Supplies (1)2.3%
- Food Products (1)2.2%▼ 0.1 pts
- Healthcare Services (2)2.2%
- IT - Services (2)1.9%▼ 0.1 pts
- Industrial Manufacturing (3)1.6%▲ 0.1 pts
- Textiles - Cotton (1)1.1%▼ 0.1 pts
- Banks (3)1.0%
- Textiles & Apparels (1)1.0%▼ 0.1 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, Sep 2026
11.4%
▼ 0.3 pts vs Aug 2026
- Cash alone
- 11.3%
- cash and net receivables
- A year earlier
- 9.1%
- Sep 2025 · now ▲ 2.2 pts
- Last 12 months
- 5.3% – 13.2%
- lowest to highest · record 13.2% in Jul 2026
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.
The last 24 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Sep 2026 | ₹21,467 Cr | 84 | 1 | 0 | 11.3% | 11.4% | — |
| Aug 2026 | ₹21,659 Cr | 83 | 1 | 0 | 11.7% | 11.7% | — |
| Jul 2026 | ₹20,221 Cr | 82 | 2 | 0 | 12.6% | 13.2% | — |
| Jun 2026 | ₹19,635 Cr | 80 | 1 | 1 | 11.3% | 11.3% | — |
| May 2026 | ₹18,358 Cr | 80 | 0 | 1 | 10.5% | 10.5% | — |
| Apr 2026 | ₹17,906 Cr | 81 | 0 | 1 | 8.4% | 8.4% | — |
| Mar 2026 | ₹15,300 Cr | 82 | 0 | 1 | 6.6% | 6.6% | — |
| Feb 2026 | ₹16,886 Cr | 83 | 0 | 0 | 5.3% | 5.3% | — |
| Jan 2026 | ₹16,135 Cr | 83 | 0 | 0 | 5.8% | 5.8% | — |
| Dec 2025 | ₹16,935 Cr | 83 | 1 | 0 | 5.9% | 5.9% | — |
| Nov 2025 | ₹17,010 Cr | 82 | 0 | 0 | 7.3% | 7.3% | — |
| Oct 2025 | ₹16,868 Cr | 82 | 3 | 0 | 7.2% | 7.2% | — |
| Sep 2025 | ₹16,496 Cr | 79 | 1 | 0 | 9.2% | 9.1% | — |
| Aug 2025 | ₹16,628 Cr | 78 | 1 | 0 | 9.4% | 9.4% | — |
| Jul 2025 | ₹17,005 Cr | 77 | 1 | 1 | 8.6% | 8.6% | — |
| Jun 2025 | ₹17,126 Cr | 77 | 2 | 0 | 7.6% | 7.6% | — |
| May 2025 | ₹16,305 Cr | 75 | 0 | 0 | 7.3% | 7.3% | — |
| Apr 2025 | ₹14,258 Cr | 75 | 1 | 3 | 7.2% | 7.2% | — |
| Mar 2025 | ₹14,269 Cr | 77 | 0 | 0 | 6.7% | 6.6% | — |
| Feb 2025 | ₹13,277 Cr | 77 | 0 | 0 | 6.7% | 6.9% | — |
| Jan 2025 | ₹14,996 Cr | 77 | 2 | 0 | 6.0% | 6.0% | — |
| Dec 2024 | ₹16,634 Cr | 75 | 1 | 0 | 6.0% | 6.0% | — |
| Nov 2024 | ₹16,307 Cr | 74 | 0 | 1 | 6.2% | 6.2% | — |
| Oct 2024 | ₹16,147 Cr | 75 | 1 | 0 | 5.6% | 5.7% | — |
For any of the 79 earlier months, choose it in “Portfolio as of” at the top of the page.