DSP Large & Mid Cap Fund
The fund maintains a pronounced banking tilt with over a quarter of assets concentrated in the sector, signaling conviction in financial stability and growth. Recent portfolio moves—adding auto majors Maruti and Hyundai while trimming IT exposure—suggest the manager is rotating toward cyclicals expected to benefit from domestic consumption recovery. The elevated cash position (5.5%) indicates cautious optimism rather than full deployment, keeping optionality amid market uncertainties.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹677.9030 | -1.68% | — | — | — |
| Regular Growth | ₹601.6190 | -1.76% | -1.55% | +17.31% | +14.55% |
| Direct IDCW | ₹101.1080 | -1.68% | — | — | — |
| Regular IDCW | ₹35.2060 | -1.76% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Maruti Suzuki India Limited | 0.37% |
| Hyundai Motor India Limited | 0.26% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 7.18% |
| 2 | HDFC Bank Limited INE040A01034 | 6.83% |
| 3 | TREPS / Reverse Repo Investments | 5.63% |
| 4 | Axis Bank Limited INE238A01034 | 4.99% |
| 5 | State Bank of India INE062A01020 | 3.10% |
| 6 | Bharti Airtel Limited INE397D01024 | 2.28% |
| 7 | Kotak Mahindra Bank Limited INE237A01036 | 2.10% |
| 8 | Tata Consultancy Services Limited INE467B01029 | 2.04% |
| 9 | Samvardhana Motherson International Limited INE775A01035 | 1.94% |
| 10 | Indus Towers Limited INE121J01017 | 1.90% |
| 11 | Max Financial Services Limited INE180A01020 | 1.77% |
| 12 | The Phoenix Mills Limited INE211B01039 | 1.69% |
| 13 | Mahindra & Mahindra Limited INE101A01026 | 1.68% |
| 14 | UNO Minda Limited INE405E01023 | 1.63% |
| 15 | Asian Paints Limited INE021A01026 | 1.62% |
| 16 | IPCA Laboratories Limited INE571A01038 | 1.61% |
| 17 | Oil India Limited INE274J01014 | 1.56% |
| 18 | Coforge Limited INE591G01025 | 1.52% |
| 19 | ICICI Lombard General Insurance Company Limited INE765G01017 | 1.52% |
| 20 | Coromandel International Limited INE169A01031 | 1.45% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does DSP Large & Mid Cap Fund hold?
DSP Large & Mid Cap Fund holds 75 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.38% of NAV.
What is the largest holding in DSP Large & Mid Cap Fund?
The largest position in DSP Large & Mid Cap Fund is ICICI Bank Limited, accounting for 7.18% of NAV in the Banks sector.
Is DSP Large & Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.395, DSP Large & Mid Cap Fund is well-diversified. The HHI concentration index is 22,607 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.38% of the portfolio.
What is the market cap allocation of DSP Large & Mid Cap Fund?
Based on SEBI's AMFI classification, DSP Large & Mid Cap Fund's equity portfolio is split as: Large Cap: 47.40%, Mid Cap: 35.03%, Small Cap: 10.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does DSP Large & Mid Cap Fund invest in most?
DSP Large & Mid Cap Fund has the highest allocation to Banks (26.55%), Auto Components (9.34%), Pharmaceuticals & Biotechnology (7.43%). The fund is invested across 26 sectors in total.
How actively managed is DSP Large & Mid Cap Fund compared to other Large & Mid Cap Fund funds?
DSP Large & Mid Cap Fund has an Active Share of 61.15%, classifying it as "Active Stock Picker" among 33 Large & Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in DSP Large & Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, DSP Large & Mid Cap Fund added 2 new stocks (including Maruti Suzuki India Limited) and exited 3 stocks (including Indraprastha Gas Limited). Total holding count decreased from 79 to 78 stocks.