DSP Flexi Cap Fund

DSP Mutual FundEquityPortfolio as of 31 July 2026

DSP Flexi Cap Fund holds 70 instruments (95.31% equity), led by ICICI Bank Limited (9.49%), HDFC Bank Limited (8.51%) and Axis Bank Limited (4.63%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

95.31%

AMC

DSP Mutual Fund

Portfolio Analysis

DSP Flexi Cap Fund's top 10 holdings account for 43.85% of its portfolio, more concentrated than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 43.2% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 2 new positions and exited 0 positions, with Mahindra & Mahindra Limited seeing the largest move (+1.31pp to 4.45%).

Top 10 Equity Holdings

ICICI Bank Limited · 9.49%HDFC Bank Limited · 8.51%Axis Bank Limited · 4.63%Mahindra & Mahindra Limited · 4.45%State Bank of India · 3.46%Bharti Airtel Limited · 3%Bajaj Finance Limited · 3%Cholamandalam Investment and Finance Company Limited · 2.6%Coforge Limited · 2.38%SBI Life Insurance Company Limited · 2.33%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

2 new entries10 increased10 reduced

New Entries

Maruti Suzuki India Limited · 1.05%Canara HSBC Life Insurance Company Limited · 0.51%

Biggest Weight Increases

Stock	Weight	Change
Mahindra & Mahindra Limited	3.14% → 4.45%	▲ +1.31
SBI Life Insurance Company Limited	1.49% → 2.33%	▲ +0.84
Emami Limited	0.29% → 0.66%	▲ +0.37
ICICI Bank Limited	9.24% → 9.49%	▲ +0.25
HCL Technologies Limited	0.96% → 1.19%	▲ +0.23
Coforge Limited	2.15% → 2.38%	▲ +0.23
Bajaj Finance Limited	2.78% → 3%	▲ +0.22
ETERNAL LIMITED	1.59% → 1.79%	▲ +0.2
Infosys Limited	1.44% → 1.6%	▲ +0.16
Hero MotoCorp Limited	1.44% → 1.6%	▲ +0.16

Biggest Weight Reductions

Stock	Weight	Change
HDFC Bank Limited	9.23% → 8.51%	▼ -0.72
Axis Bank Limited	5.15% → 4.63%	▼ -0.52
Cholamandalam Investment and Finance Company Limited	3.03% → 2.6%	▼ -0.43
Kirloskar Oil Engines Limited	2.03% → 1.7%	▼ -0.33
IPCA Laboratories Limited	0.64% → 0.41%	▼ -0.23
CG Power and Industrial Solutions Limited	1.9% → 1.69%	▼ -0.21
Samvardhana Motherson International Limited	1.94% → 1.74%	▼ -0.2
Avenue Supermarts Limited	1.45% → 1.27%	▼ -0.18
Polycab India Limited	1.09% → 0.98%	▼ -0.11
Syngene International Limited	0.78% → 0.68%	▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

ICICI Bank Limited

9.49%

HDFC Bank Limited

8.51%

Axis Bank Limited

4.63%

Mahindra & Mahindra Limited

4.45%

State Bank of India

3.46%

Full Portfolio (70 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	9.49%
2	HDFC Bank Limited	Financial Services	8.51%
3	Axis Bank Limited	Financial Services	4.63%
4	TREPS / Reverse Repo Investmentstreps	—	4.56%
5	Mahindra & Mahindra Limited	Consumer Discretionary	4.45%
6	State Bank of India	Financial Services	3.46%
7	Bharti Airtel Limited	Telecommunication	3%
8	Bajaj Finance Limited	Financial Services	3%
9	Cholamandalam Investment and Finance Company Limited	Financial Services	2.6%
10	Coforge Limited	Information Technology	2.38%
11	SBI Life Insurance Company Limited	Financial Services	2.33%
12	Cipla Limited	Healthcare	2.28%
13	Bharat Petroleum Corporation Limited	Energy	2.17%
14	Max Financial Services Limited	Financial Services	2.02%
15	Radico Khaitan Limited	Consumer Staples	1.98%
16	ETERNAL LIMITED	Consumer Discretionary	1.79%
17	Samvardhana Motherson International Limited	Consumer Discretionary	1.74%
18	Kirloskar Oil Engines Limited	Industrials	1.7%
19	CG Power and Industrial Solutions Limited	Industrials	1.69%
20	UNO Minda Limited	Consumer Discretionary	1.68%
21	Alkem Laboratories Limited	Healthcare	1.65%
22	Infosys Limited	Information Technology	1.6%
23	Hero MotoCorp Limited	Consumer Discretionary	1.6%
24	Prudent Corporate Advisory Services Limited	Financial Services	1.58%
25	Power Finance Corporation Limited	Financial Services	1.44%
26	Coromandel International Limited	Materials	1.34%
27	Indus Towers Limited	Telecommunication	1.33%
28	Avenue Supermarts Limited	Consumer Discretionary	1.27%
29	HCL Technologies Limited	Information Technology	1.19%
30	Rainbow Childrens Medicare Limited	Healthcare	1.17%
31	Century Plyboards (India) Limited	Consumer Discretionary	1.15%
32	APL Apollo Tubes Limited	Industrials	1.14%
33	Maruti Suzuki India Limited	Consumer Discretionary	1.05%
34	Multi Commodity Exchange of India Limited	Financial Services	1.04%
35	Tata Consultancy Services Limited	Information Technology	1.01%
36	Polycab India Limited	Industrials	0.98%
37	Cohance Lifesciences Limited	Healthcare	0.84%
38	Petronet LNG Limited	Utilities	0.81%
39	Oil India Limited	Energy	0.81%
40	Syngene International Limited	Healthcare	0.68%
41	KEC International Limited	Industrials	0.67%
42	Emami Limited	Consumer Staples	0.66%
43	Tube Investments of India Limited	Consumer Discretionary	0.66%
44	ICICI Lombard General Insurance Company Limited	Financial Services	0.66%
45	The Phoenix Mills Limited	Real Estate	0.66%
46	Dixon Technologies (India) Limited	Consumer Discretionary	0.6%
47	Schaeffler India Limited	Consumer Discretionary	0.56%
48	Aditya Birla Sun Life AMC Limited	Financial Services	0.56%
49	JK Cement Limited	Materials	0.55%
50	Indigo Paints Limited	Consumer Discretionary	0.53%
51	Canara HSBC Life Insurance Company Limited	Financial Services	0.51%
52	Havells India Limited	Consumer Discretionary	0.49%
53	PG Electroplast Limited	Consumer Discretionary	0.47%
54	Atul Limited	Materials	0.46%
55	Niva Bupa Health Insurance Company Limited	Financial Services	0.44%
56	ICICI Prudential Asset Management Company Limited	Financial Services	0.42%
57	IPCA Laboratories Limited	Healthcare	0.41%
58	Hindustan Petroleum Corporation Limited	Energy	0.37%
59	Hindustan Unilever Limited	Consumer Staples	0.35%
60	AU Small Finance Bank Limited	Financial Services	0.22%
61	Bajaj Finserv Limited	Financial Services	0.16%
62	REC Limited	Financial Services	0.13%
63	SRF Limited	Materials	0.06%
64	PI Industries Limited	Materials	0.05%
65	GAIL (India) Limited	Utilities	0.04%
66	LG Electronics India Limited	Consumer Discretionary	0.02%
67	AIA Engineering Limited	Industrials	0.02%
68	Net Receivables/Payablesother	—	0%
69	Magnasound India Ltdother	—	0%
70	SIP Technologies & Export Limited	Information Technology	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 9.49% of DSP Flexi Cap Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 8.51% of DSP Flexi Cap Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 4.63% of DSP Flexi Cap Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Mahindra & Mahindra Limited is 4.45% of DSP Flexi Cap Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, State Bank of India is 3.46% of DSP Flexi Cap Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: DSP Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.