DSP Natural Resources and New Energy Fund
The fund maintains a commodities-heavy tilt centered on metals and energy, betting on cyclical demand recovery and energy transition themes. A significant cash buffer via repos suggests caution, while recent shifts toward non-ferrous metals and refiners signal the manager believes base metals and downstream energy face better near-term catalysts than upstream oil. The concentrated top-10 position indicates conviction but also concentration risk in a narrow thematic space.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹112.5580 | +3.03% | +26.85% | +24.54% | +17.95% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS / Reverse Repo Investments | 11.81% |
| 2 | BlackRock Global Funds - World Energy Fund ^^ LU0368250907 | 10.17% |
| 3 | Tata Steel Limited INE081A01020 | 8.71% |
| 4 | Jindal Steel Limited INE749A01030 | 7.89% |
| 5 | Oil & Natural Gas Corporation Limited INE213A01029 | 7.55% |
| 6 | Hindustan Zinc Limited INE267A01025 | 4.75% |
| 7 | Oil India Limited INE274J01014 | 4.64% |
| 8 | Hindalco Industries Limited INE038A01020 | 4.47% |
| 9 | Bharat Petroleum Corporation Limited INE029A01011 | 4.46% |
| 10 | Indian Oil Corporation Limited INE242A01010 | 4.17% |
| 11 | Petronet LNG Limited INE347G01014 | 4.09% |
| 12 | BlackRock Global Funds - Sustainable Energy Fund ^^ LU0534476519 | 3.90% |
| 13 | National Aluminium Company Limited INE139A01034 | 3.72% |
| 14 | Coal India Limited INE522F01014 | 3.15% |
| 15 | NMDC Limited INE584A01023 | 2.85% |
| 16 | Hindustan Petroleum Corporation Limited INE094A01015 | 2.49% |
| 17 | GAIL (India) Limited INE129A01019 | 2.31% |
| 18 | Reliance Industries Limited INE002A01018 | 2.19% |
| 19 | Godawari Power and Ispat Limited INE177H01039 | 1.38% |
| 20 | Gujarat State Petronet Limited INE246F01010 | 1.33% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does DSP Natural Resources and New Energy Fund hold?
DSP Natural Resources and New Energy Fund holds 25 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 39.07% of NAV.
What is the largest holding in DSP Natural Resources and New Energy Fund?
The largest position in DSP Natural Resources and New Energy Fund is TREPS / Reverse Repo Investments, accounting for 11.81% of NAV.
Is DSP Natural Resources and New Energy Fund a concentrated or diversified fund?
With a Gini coefficient of 0.417, DSP Natural Resources and New Energy Fund is well-diversified. The HHI concentration index is 48,590 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 39.07% of the portfolio.
What is the market cap allocation of DSP Natural Resources and New Energy Fund?
Based on SEBI's AMFI classification, DSP Natural Resources and New Energy Fund's equity portfolio is split as: Large Cap: 41.76%, Mid Cap: 25.68%, Small Cap: 6.07%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does DSP Natural Resources and New Energy Fund invest in most?
DSP Natural Resources and New Energy Fund has the highest allocation to Ferrous Metals (16.60%), Foreign Security (14.07%), Petroleum Products (13.31%). The fund is invested across 9 sectors in total.
How actively managed is DSP Natural Resources and New Energy Fund compared to other Sectoral / Thematic funds?
DSP Natural Resources and New Energy Fund has an Active Share of 87.26%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.