DSP Large & Mid Cap Fund
DSP Mutual Fund·Large & Mid Cap Fund·vs Nifty LargeMidcap 250 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹672.6120 | -0.65% | — | — | — | — | — |
| Regular Growth | ₹596.9410 | -0.74% | -6.25% | -5.97% | -1.13% | +17.17% | +14.37% |
| Direct IDCW | ₹100.3190 | -0.65% | — | — | — | — | — |
| Regular IDCW | ₹34.9320 | -0.74% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
75
Top 5 Weight
24.38%
Top 10 Weight
34.13%
Active Share
—
Large Cap
47.40%
Gini
0.395
What Changed2026-03-31 → 2026-04-30
Holdings: 79 → 78+2 added−3 removed28 weight shifts ≥ 0.1%
| 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
Banks26.6%
Auto Components9.3%
Pharmaceuticals & Biotechnology7.4%
IT - Software6.7%
Finance5.7%
Insurance4.9%
Telecom - Services4.2%
Consumer Durables2.4%
Automobiles2.3%
Healthcare Services2.3%
Top 10 sectors by % to NAV. Excludes derivatives.