ICICI Prudential Equity - Arbitrage Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Arbitrage Fund

Fund House : ICICI Prudential Mutual Fund

Equity Holding : 78.58% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 78.58%

No of Stocks : 184 (Category Avg - 142.82) | Large Cap Investments : 40.83%| Mid Cap Investments : 15.1% | Small Cap Investments : 3.72% | Other : 18.92%

Portfolio Summary (as on 30th Nov,2025)

Particulars	This Scheme	Category
No. of Stocks	184	112.32
Top 5 Stock Weight	15.09%	22.27%
Top 10 Stock Weight	24.23%	34.52%
Top 3 Sector Weight	18.9%	27.52%

Category - Arbitrage Fund

Particulars	This Scheme	Category
Average mcap (Cr)	83778.78	91751.92
Holdings in large cap stocks	40.83%	40.38%
Holdings in mid cap stocks	15.1%	16.01%
Holdings in small cap stocks	3.72%	4.11%

Category - Arbitrage Fund

Top 10 Stocks holding in Portfolio (as on 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# HDFC Bank Ltd.	Private sector bank	14433.6	4.42%	0.00%	5.66% (May 2025)	1.99% (Dec 2024)	1.43 Cr	-0.12 Cr
# Reliance Industries Ltd.	Refineries & marketing	8970.8	2.75%	0.00%	5.96% (Mar 2025)	3.25% (Nov 2024)	57.23 L	-0.26 Cr
# Eternal Ltd.	E-retail/ e-commerce	8875.6	2.72%	0.00%	1.62% (Sep 2025)	0% (Nov 2024)	2.96 Cr	1.42 Cr
# ITC Limited	Diversified fmcg	8705.9	2.67%	0.00%	2.3% (Oct 2025)	0.64% (Jan 2025)	2.15 Cr	39.02 L
# Axis Bank Ltd.	Private sector bank	8240.5	2.53%	0.00%	2.57% (Aug 2025)	0.96% (May 2025)	64.39 L	16.81 L
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	6734.6	2.06%	0.00%	2.87% (Jul 2025)	1.7% (Mar 2025)	17.92 L	-7.41 L
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	6691.3	2.05%	0.00%	4.19% (Sep 2025)	2.12% (Nov 2024)	31.84 L	-0.20 Cr
# Jio Financial Services Ltd.	Non banking financial company (nbfc)	6326.5	1.94%	0.00%	1.6% (Oct 2025)	0.08% (Nov 2024)	2.07 Cr	38.68 L
# Tata Consultancy Services Ltd.	Computers - software & consulting	5384.7	1.65%	0.00%	2.79% (Jul 2025)	1.73% (Dec 2024)	17.16 L	-3.59 L
# National Thermal Power Corporation Ltd.	Power generation	4688.6	1.44%	0.00%	1.65% (Jun 2025)	0.64% (Apr 2025)	1.44 Cr	-1.94 L

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 30th Nov,2025)

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M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
# HDFC Bank Ltd.	Private sector bank	10.58	14433.6	4.42%	0.00%	5.66% (May 2025)	1.99% (Dec 2024)	1.43 Cr	-0.12 Cr	Other	18.92
# Reliance Industries Ltd.	Refineries & marketing	3.06	8970.8	2.75%	0.00%	5.96% (Mar 2025)	3.25% (Nov 2024)	57.23 L	-0.26 Cr	Large Cap	40.83
# Eternal Ltd.	E-retail/ e-commerce	2.74	8875.6	2.72%	0.00%	1.62% (Sep 2025)	0% (Nov 2024)	2.96 Cr	1.42 Cr	Other	18.92
# ITC Limited	Diversified fmcg	2.83	8705.9	2.67%	0.00%	2.3% (Oct 2025)	0.64% (Jan 2025)	2.15 Cr	39.02 L	Large Cap	40.83
# Axis Bank Ltd.	Private sector bank	10.58	8240.5	2.53%	0.00%	2.57% (Aug 2025)	0.96% (May 2025)	64.39 L	16.81 L	Large Cap	40.83
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	2.9	6734.6	2.06%	0.00%	2.87% (Jul 2025)	1.7% (Mar 2025)	17.92 L	-7.41 L	Large Cap	40.83
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	3.46	6691.3	2.05%	0.00%	4.19% (Sep 2025)	2.12% (Nov 2024)	31.84 L	-0.20 Cr	Large Cap	40.83
# Jio Financial Services Ltd.	Non banking financial company (nbfc)	4.28	6326.5	1.94%	0.00%	1.6% (Oct 2025)	0.08% (Nov 2024)	2.07 Cr	38.68 L	Other	18.92
# Tata Consultancy Services Ltd.	Computers - software & consulting	2.97	5384.7	1.65%	0.00%	2.79% (Jul 2025)	1.73% (Dec 2024)	17.16 L	-3.59 L	Large Cap	40.83
# National Thermal Power Corporation Ltd.	Power generation	2.54	4688.6	1.44%	0.00%	1.65% (Jun 2025)	0.64% (Apr 2025)	1.44 Cr	-1.94 L	Large Cap	40.83
# Vodafone Idea Ltd.	Telecom - cellular & fixed line services	3.46	4586.7	1.41%	0.00%	1.03% (Oct 2025)	0.67% (Aug 2025)	46.05 Cr	7.96 Cr	Large Cap	40.83
# Shriram Finance Ltd.	Non banking financial company (nbfc)	4.28	4337.9	1.33%	0.00%	1.21% (Oct 2025)	0.38% (Mar 2025)	50.94 L	-1.13 L	Other	18.92
# Bajaj Finserv Ltd	Holding company	1.27	4143	1.27%	0.00%	1.31% (Oct 2025)	0.25% (Nov 2024)	19.79 L	-0.40 L	Other	18.92
# Vedanta Ltd.	Diversified metals	1.24	4059.5	1.24%	0.00%	1.75% (Nov 2024)	0.63% (Aug 2025)	77.18 L	16.43 L	Large Cap	40.83
# Kotak Mahindra Bank Ltd.	Private sector bank	10.58	3959.9	1.21%	0.00%	2.55% (Feb 2025)	0.49% (Mar 2025)	18.64 L	2.48 L	Large Cap	40.83
# Hindalco Industries Ltd.	Aluminium	1.69	3922.7	1.20%	0.00%	1.04% (Jan 2025)	0.34% (Jul 2025)	48.52 L	19.66 L	Large Cap	40.83
# Titan Company Ltd.	Gems, jewellery and watches	1.26	3839.8	1.18%	0.00%	1.9% (Jun 2025)	0.41% (Dec 2024)	9.83 L	-2.45 L	Large Cap	40.83
# Rural Electrification Corporation Limited	Financial institution	1.61	3651.2	1.12%	0.00%	1.19% (Oct 2025)	0.41% (Jan 2025)	1.01 Cr	-1.28 L	Mid Cap	15.1
# Hindustan Aeronautics Ltd.	Aerospace & defense	2.11	3524	1.08%	0.00%	1.83% (Nov 2024)	0.6% (Feb 2025)	7.76 L	-1.41 L	Other	18.92
# Oil & Natural Gas Corporation Ltd.	Oil exploration & production	1.03	3354.5	1.03%	0.00%	1.06% (Oct 2025)	0.61% (Feb 2025)	1.38 Cr	4.59 L	Large Cap	40.83
# Adani Enterprises Ltd.	Trading - minerals	0.99	3228.4	0.99%	0.00%	1.76% (Dec 2024)	1.06% (Oct 2025)	14.16 L	46.04 k	Mid Cap	15.1
# Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	4.04	3171.8	0.97%	0.00%	0.45% (Jul 2025)	0.05% (Jan 2025)	16.30 L	9.06 L	Mid Cap	15.1
# J S W Steel Ltd.	Iron & steel products	2.47	3092.9	0.95%	0.00%	0.99% (Oct 2025)	0.03% (Nov 2024)	26.66 L	20.25 k	Large Cap	40.83
# Aurobindo Pharma Ltd.	Pharmaceuticals	4.04	3073.9	0.94%	0.00%	0.9% (Oct 2025)	0.4% (Feb 2025)	25.06 L	-0.31 L	Large Cap	40.83
# Adani Ports And Special Economic Zone Ltd.	Port & port services	0.94	3065.8	0.94%	0.00%	1.15% (Dec 2024)	0.76% (Apr 2025)	20.21 L	21.38 k	Large Cap	40.83
# Bharat Electronics Ltd.	Aerospace & defense	2.11	2961.9	0.91%	0.00%	1.36% (Nov 2024)	0.23% (Jun 2025)	71.93 L	2.72 L	Mid Cap	15.1
# Aditya Birla Capital Ltd.	Life insurance	1.15	2960.3	0.91%	0.00%	0.8% (Oct 2025)	0.16% (Jul 2025)	82.68 L	3.22 L	Mid Cap	15.1
# Ultratech Cement Ltd.	Cement & cement products	1.76	2867.5	0.88%	0.00%	1.58% (Apr 2025)	0.43% (Dec 2024)	2.47 L	26.15 k	Large Cap	40.83
# State Bank Of India	Public sector bank	1.58	2704.2	0.83%	0.00%	1.82% (Jun 2025)	0.21% (Apr 2025)	27.62 L	-0.11 Cr	Large Cap	40.83
# DLF Ltd.	Residential, commercial projects	1.46	2673.8	0.82%	0.00%	0.98% (Jul 2025)	0.75% (Oct 2025)	36.95 L	4.93 L	Large Cap	40.83
# Dixon Technologies (India) Ltd.	Consumer electronics	0.8	2545.7	0.78%	0.00%	0.69% (Jun 2025)	0% (Nov 2024)	1.74 L	57.55 k	Other	18.92
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	2.9	2504.3	0.77%	0.00%	0.74% (Aug 2025)	0% (Nov 2024)	1.58 L	53.95 k	Large Cap	40.83
# J S W Energy Ltd.	Power generation	2.54	2405.1	0.74%	0.00%	0.79% (Oct 2025)	0% (Nov 2024)	49.22 L	1.30 L	Mid Cap	15.1
# Tech Mahindra Ltd.	Computers - software & consulting	2.97	2327.8	0.71%	0.00%	0.74% (Apr 2025)	0.03% (Nov 2024)	15.34 L	10.94 L	Large Cap	40.83
# Multi Commodity Exchange Of India Ltd.	Exchange and data platform	1.03	2287.9	0.70%	0.00%	0.76% (Jul 2025)	0% (Nov 2024)	2.27 L	32.88 k	Small Cap	3.72
# Tata Steel Ltd.	Iron & steel products	2.47	2254	0.69%	0.00%	0.56% (Oct 2025)	0.06% (Mar 2025)	1.34 Cr	35.53 L	Other	18.92
# Adani Energy Solutions Ltd.	Power - transmission	1.01	2185.2	0.67%	0.00%	0.67% (Oct 2025)	0% (Nov 2024)	21.97 L	1.35 k	Mid Cap	15.1
# Hero Motocorp Ltd.	2/3 wheelers	1.21	2135.8	0.65%	0.00%	0.28% (Dec 2024)	0% (Nov 2024)	3.46 L	2.93 L	Large Cap	40.83
# Larsen & Toubro Ltd.	Civil construction	0.71	2094.5	0.64%	0.00%	2.06% (Dec 2024)	0.34% (Mar 2025)	5.15 L	-2.69 L	Large Cap	40.83
# NMDC LTD	Industrial minerals	0.63	2060.2	0.63%	0.00%	0.64% (Oct 2025)	0.06% (Feb 2025)	2.79 Cr	7.36 L	Mid Cap	15.1
# Trent Limited	Speciality retail	0.6	1971.8	0.60%	0.00%	0.51% (Mar 2025)	0.02% (Jun 2025)	4.64 L	1.83 L	Mid Cap	15.1
# Coal India Ltd.	Coal	0.57	1844.3	0.57%	0.00%	1.22% (Aug 2025)	0.27% (Apr 2025)	49.03 L	-7.20 L	Large Cap	40.83
# Indusind Bank Ltd.	Private sector bank	10.58	1843.2	0.57%	0.00%	0.94% (Nov 2024)	0.05% (May 2025)	21.47 L	-1.75 L	Large Cap	40.83
# Grasim Industries Limited	Cement & cement products	1.76	1829.2	0.56%	0.00%	0.61% (Mar 2025)	0.2% (Jun 2025)	6.68 L	70.50 k	Large Cap	40.83
# Bajaj Finance Ltd.	Non banking financial company (nbfc)	4.28	1802.9	0.55%	0.00%	1.31% (Nov 2024)	0.25% (Oct 2025)	17.38 L	9.62 L	Other	18.92
# United Spirits Ltd.	Breweries & distilleries	0.52	1693.2	0.52%	0.00%	0.49% (Oct 2025)	0.13% (Nov 2024)	11.66 L	53.60 k	Large Cap	40.83
# Container Corporation Of India Ltd.	Logistics solution provider	0.56	1656.5	0.51%	0.00%	0.44% (Nov 2024)	0.05% (Jul 2025)	32.40 L	16.39 L	Large Cap	40.83
# Marico Ltd.	Personal care	0.59	1636.5	0.50%	0.00%	0.46% (Sep 2025)	0.01% (Jan 2025)	22.81 L	4.91 L	Large Cap	40.83
# ICICI Bank Ltd.	Private sector bank	10.58	1624.5	0.50%	0.00%	1.7% (Aug 2025)	0.35% (Nov 2024)	11.70 L	-0.19 Cr	Large Cap	40.83
# Indian Hotels Company Limited	Hotels & resorts	0.49	1596.5	0.49%	0.00%	0.43% (Oct 2025)	0.01% (Mar 2025)	21.45 L	2.62 L	Mid Cap	15.1
# National Aluminium Co. Ltd.	Aluminium	1.69	1593	0.49%	0.00%	0.52% (Oct 2025)	0% (Nov 2024)	61.28 L	-0.11 Cr	Small Cap	3.72
# One 97 Communications Ltd.	Financial technology (fintech)	0.9	1584.6	0.49%	0.00%	0.59% (Oct 2025)	0.03% (Nov 2024)	12.00 L	-2.47 L	Other	18.92
# Tata Consumer Products Ltd.	Tea & coffee	0.48	1553.4	0.48%	0.00%	0.67% (Oct 2025)	0% (Nov 2024)	13.25 L	-5.35 L	Mid Cap	15.1
# Yes Bank	Private sector bank	10.58	1521.1	0.47%	0.00%	0.46% (Oct 2025)	0% (Nov 2024)	6.63 Cr	17.73 L	Other	18.92
# Indus Towers Ltd.	Telecom - infrastructure	0.64	1519	0.47%	0.00%	0.75% (Apr 2025)	0.02% (Jul 2025)	37.88 L	-7.51 L	Large Cap	40.83
# RBL Bank Ltd.	Private sector bank	10.58	1515.6	0.46%	0.00%	0.52% (Oct 2025)	0% (Nov 2024)	48.51 L	-2.48 L	Mid Cap	15.1
# Steel Authority Of India Ltd.	Iron & steel products	2.47	1512.3	0.46%	0.00%	0.59% (Oct 2025)	0.26% (Jul 2025)	1.12 Cr	-0.27 Cr	Mid Cap	15.1
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.46	1509.3	0.46%	0.00%	0.53% (May 2025)	0.22% (Jan 2025)	56.88 L	1.69 L	Mid Cap	15.1
# Motherson Sumi Systems Ltd.	Auto components & equipments	1.22	1452.1	0.45%	0.00%	0.42% (Apr 2025)	0.07% (Jul 2025)	1.25 Cr	41.02 L	Large Cap	40.83
# Apollo Hospitals Enterprises Ltd.	Hospital	0.62	1446.9	0.44%	0.00%	0.47% (Jun 2025)	0.13% (Dec 2024)	1.97 L	3.50 k	Mid Cap	15.1
# Petronet LNG Ltd.	Lpg/cng/png/lng supplier	0.44	1435.9	0.44%	0.00%	0.55% (Jul 2025)	0.14% (Feb 2025)	52.82 L	-1.83 L	Large Cap	40.83
# Punjab National Bank	Public sector bank	1.58	1344.6	0.41%	0.00%	0.6% (Mar 2025)	0.35% (May 2025)	1.08 Cr	-0.34 Cr	Large Cap	40.83
# GMR Airports Ltd.	Airport & airport services	0.41	1343.7	0.41%	0.00%	1% (Nov 2024)	0.29% (Aug 2025)	1.24 Cr	-0.12 Cr	Small Cap	3.72
# Power Finance Corporation Ltd.	Financial institution	1.61	1343.3	0.41%	0.00%	1.31% (Dec 2024)	0.33% (Jul 2025)	37.04 L	2.94 L	Mid Cap	15.1
# Divis Laboratories Ltd.	Pharmaceuticals	4.04	1314.8	0.40%	0.00%	0.61% (Jun 2025)	0.05% (Jan 2025)	2.03 L	14.80 k	Large Cap	40.83
# Lupin Ltd.	Pharmaceuticals	4.04	1314.1	0.40%	0.00%	0.87% (Oct 2025)	0.27% (Mar 2025)	6.31 L	-7.90 L	Large Cap	40.83
# Exide Industries Ltd.	Auto components & equipments	1.22	1296.7	0.40%	0.00%	0.35% (Sep 2025)	0.14% (Apr 2025)	34.60 L	5.33 L	Mid Cap	15.1
# Varun Beverages Ltd.	Other beverages	0.39	1262.9	0.39%	0.00%	0.68% (Jun 2025)	0% (Nov 2024)	26.23 L	7.54 L	Other	18.92
# Cipla Ltd.	Pharmaceuticals	4.04	1216.2	0.37%	0.00%	0.77% (Mar 2025)	0.27% (Sep 2025)	7.94 L	54.75 k	Large Cap	40.83
# PB Fintech Ltd.	Financial technology (fintech)	0.9	1188.6	0.36%	0.00%	0.35% (Oct 2025)	0% (Nov 2024)	6.53 L	21.00 k	Other	18.92
# Godrej Properties Ltd.	Residential, commercial projects	1.46	1156.1	0.35%	0.00%	0.45% (Dec 2024)	0.25% (Jul 2025)	5.47 L	45.38 k	Mid Cap	15.1
# Sammaan Capital Ltd.	Housing finance company	0.94	1146.5	0.35%	0.00%	0.37% (Oct 2025)	0% (Nov 2024)	74.56 L	10.58 L	Mid Cap	15.1
# Adani Green Energy Ltd.	Power generation	2.54	1125.1	0.34%	0.00%	0.37% (Jul 2025)	0% (Nov 2024)	10.73 L	26.40 k	Small Cap	3.72
# Power Grid Corporation of India Ltd.	Power - transmission	1.01	1110.4	0.34%	0.00%	0.69% (Dec 2024)	0.17% (Sep 2025)	41.14 L	13.00 L	Large Cap	40.83
# LIC Housing Finance Ltd.	Housing finance company	0.94	1071.8	0.33%	0.00%	0.45% (Nov 2024)	0.19% (Jul 2025)	19.52 L	-0.73 L	Mid Cap	15.1
# BSE Ltd.	Exchange and data platform	1.03	1059	0.32%	0.00%	0.25% (Oct 2025)	0% (Nov 2024)	3.65 L	46.13 k	Small Cap	3.72
# Pidilite Industries Ltd.	Specialty chemicals	0.53	1036.9	0.32%	0.00%	0.39% (Apr 2025)	0.1% (Nov 2024)	7.06 L	-1.31 L	Large Cap	40.83
# Hindustan Petroleum Corporation Ltd.	Refineries & marketing	3.06	1012.6	0.31%	0.00%	0.4% (Oct 2025)	0.01% (Feb 2025)	22.13 L	-4.94 L	Large Cap	40.83
# Bandhan Bank Ltd.	Private sector bank	10.58	979.2	0.30%	0.00%	0.45% (Apr 2025)	0.11% (Jul 2025)	65.12 L	41.40 L	Large Cap	40.83
# TVS Motor Company Ltd.	2/3 wheelers	1.21	976.5	0.30%	0.00%	0.79% (Mar 2025)	0% (Nov 2024)	2.77 L	22.93 k	Mid Cap	15.1
# Bank Of Baroda	Public sector bank	1.58	943.5	0.29%	0.00%	1.65% (Nov 2024)	0.25% (Jul 2025)	32.56 L	-9.10 L	Large Cap	40.83
# Tube Investments Of India Ltd.	Auto components & equipments	1.22	941.7	0.29%	0.00%	0.14% (Apr 2025)	0% (Nov 2024)	3.38 L	2.40 L	Small Cap	3.72
# Ambuja Cements Ltd.	Cement & cement products	1.76	897.2	0.28%	0.00%	0.61% (Nov 2024)	0.06% (Jul 2025)	16.31 L	3.54 L	Large Cap	40.83
# APL Apollo Tubes Ltd.	Iron & steel products	2.47	873.5	0.27%	0.00%	0.31% (Oct 2025)	0% (Nov 2024)	5.08 L	-0.42 L	Other	18.92
# PNB Housing Finance Ltd.	Housing finance company	0.94	863.8	0.26%	0.00%	0.34% (Aug 2025)	0% (Nov 2024)	9.54 L	-0.30 L	Mid Cap	15.1
# Cyient Ltd.	It enabled services	0.26	838.5	0.26%	0.00%	0.27% (Oct 2025)	0% (Nov 2024)	7.46 L	-2.98 k	Small Cap	3.72
# Mphasis Ltd.	Computers - software & consulting	2.97	824.2	0.25%	0.00%	0.28% (Jun 2025)	0.01% (Dec 2024)	2.93 L	1.35 L	Mid Cap	15.1
# Laurus Labs Ltd.	Pharmaceuticals	4.04	810	0.25%	0.00%	0.2% (Jun 2025)	0.08% (Nov 2024)	7.85 L	3.15 L	Other	18.92
# Britannia Industries Ltd.	Packaged foods	0.38	800.9	0.25%	0.00%	0.61% (Nov 2024)	0% (Feb 2025)	1.37 L	-0.17 L	Large Cap	40.83
# Biocon Ltd.	Pharmaceuticals	4.04	787.7	0.24%	0.00%	0.43% (Nov 2024)	0.08% (Apr 2025)	19.78 L	-5.00 L	Mid Cap	15.1
# IIFL Finance Ltd.	Non banking financial company (nbfc)	4.28	740	0.23%	0.00%	0.32% (Jun 2025)	0% (Nov 2024)	12.79 L	-1.65 L	Small Cap	3.72
# Eicher Motors Ltd.	2/3 wheelers	1.21	703.9	0.22%	0.00%	0.51% (Jan 2025)	0.15% (Jun 2025)	99.80 k	-0.65 L	Other	18.92
# Manappuram Finance Ltd.	Non banking financial company (nbfc)	4.28	688.2	0.21%	0.00%	0.38% (May 2025)	0.17% (Jul 2025)	24.15 L	3.78 L	Mid Cap	15.1
# SRF Ltd.	Specialty chemicals	0.53	683.8	0.21%	0.00%	0.35% (May 2025)	0.03% (Feb 2025)	2.34 L	19.00 k	Mid Cap	15.1
# Lodha Developers Ltd.	Residential, commercial projects	1.46	673.3	0.21%	0.00%	0.21% (Oct 2025)	0% (Nov 2024)	5.86 L	33.30 k	Other	18.92
# UPL Ltd.	Pesticides & agrochemicals	0.2	651.7	0.20%	0.00%	0.26% (Nov 2024)	0.01% (Jul 2025)	8.59 L	2.28 L	Large Cap	40.83
# Hindustan Zinc Ltd.	Zinc	0.2	647.9	0.20%	0.00%	0.24% (Jun 2025)	0% (Nov 2024)	13.35 L	-0.38 L	Large Cap	40.83
# HFCL Ltd.	Telecom - infrastructure	0.64	553.1	0.17%	0.00%	0.23% (Jun 2025)	0.03% (May 2025)	78.82 L	-5.03 L	Small Cap	3.72
# Hindustan Unilever Ltd.	Diversified fmcg	2.83	534.3	0.16%	0.00%	1.15% (Jun 2025)	0.22% (Oct 2025)	2.17 L	-0.75 L	Large Cap	40.83
# Tata Power Co. Ltd.	Integrated power utilities	0.31	531.7	0.16%	0.00%	0.55% (Nov 2024)	0.15% (Oct 2025)	13.63 L	1.42 L	Mid Cap	15.1
# Bharat Heavy Electricals Ltd.	Heavy electrical equipment	0.41	512.3	0.16%	0.00%	0.45% (Nov 2024)	0.16% (Sep 2025)	17.61 L	-2.47 L	Mid Cap	15.1
# Mankind Pharma Ltd.	Pharmaceuticals	4.04	499.4	0.15%	0.00%	0.06% (Aug 2025)	0% (Nov 2024)	2.22 L	1.72 L	Other	18.92
# Mazagon Dock Shipbuilders Ltd.	Ship building & allied services	0.15	486.3	0.15%	0.00%	0.17% (Oct 2025)	0% (Nov 2024)	1.81 L	-0.14 L	Other	18.92
# Torrent Power Ltd.	Integrated power utilities	0.31	485.5	0.15%	0.00%	0.25% (Oct 2025)	0% (Nov 2024)	3.69 L	-2.40 L	Mid Cap	15.1
# Nestle India Ltd.	Packaged foods	0.38	426.9	0.13%	0.00%	0.12% (Oct 2025)	0% (Nov 2024)	3.39 L	35.00 k	Other	18.92
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	4.04	416.7	0.13%	0.00%	0.58% (Jun 2025)	0.08% (Nov 2024)	2.28 L	-1.51 L	Large Cap	40.83
# Persistent Systems Ltd.	Computers - software & consulting	2.97	408.5	0.13%	0.00%	0.19% (Dec 2024)	0.01% (Apr 2025)	64.30 k	-8.20 k	Other	18.92
# Bharat Dynamics Ltd.	Aerospace & defense	2.11	406.8	0.12%	0.00%	0.11% (Sep 2025)	0% (Nov 2024)	2.69 L	1.76 L	Other	18.92
# Inox Wind Ltd.	Heavy electrical equipment	0.41	389.7	0.12%	0.00%	0.17% (Aug 2025)	0% (Nov 2024)	28.97 L	3.45 L	Small Cap	3.72
# HCL Technologies Limited	Computers - software & consulting	2.97	368.4	0.11%	0.00%	0.73% (Apr 2025)	0.19% (Dec 2024)	2.27 L	-6.72 L	Large Cap	40.83
# Patanjali Foods Ltd.	Edible oil	0.11	354.9	0.11%	0.00%	0.25% (Jun 2025)	0% (Nov 2024)	6.25 L	-0.94 L	Other	18.92
# Max Healthcare Institute Ltd.	Hospital	0.62	354.7	0.11%	0.00%	0.18% (Sep 2025)	0% (Nov 2024)	3.05 L	-1.20 L	Other	18.92
# Jindal Steel Ltd.	Iron & steel products	2.47	332.3	0.10%	0.00%	0.88% (Dec 2024)	0.02% (May 2025)	3.18 L	-1.75 L	Mid Cap	15.1
# Alkem Laboratories Ltd.	Pharmaceuticals	4.04	321.2	0.10%	0.00%	0.11% (Nov 2024)	0% (Nov 2024)	56.50 k	-1.38 k	Mid Cap	15.1
# Central Depository Services (India) Ltd.	Depositories, clearing houses and other intermediaries	0.1	317.3	0.10%	0.00%	0.4% (Dec 2024)	0% (Nov 2024)	1.96 L	1.89 L	Small Cap	3.72
# Coforge Ltd.	Computers - software & consulting	2.97	309.2	0.09%	0.00%	0.65% (Jun 2025)	0.02% (Nov 2024)	1.62 L	-2.68 L	Other	18.92
# ICICI Prudential Life Insurance Co Ltd.	Life insurance	1.15	308.4	0.09%	0.00%	0.09% (Oct 2025)	0.01% (Nov 2024)	4.98 L	0.00	Large Cap	40.83
# Syngene International Ltd.	Healthcare research, analytics & technology	0.09	291.1	0.09%	0.00%	0.16% (Jul 2025)	0.06% (Jan 2025)	4.49 L	1.00 k	Mid Cap	15.1
# IDFC First Bank Ltd.	Private sector bank	10.58	286.9	0.09%	0.00%	0.21% (Mar 2025)	0% (Nov 2024)	35.80 L	-8.90 L	Mid Cap	15.1
# CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	0.41	267.1	0.08%	0.00%	0.1% (Jul 2025)	0% (Nov 2024)	3.97 L	2.23 L	Small Cap	3.72
# Max Financial Services Ltd.	Life insurance	1.15	252.6	0.08%	0.00%	0.14% (Nov 2024)	0% (Nov 2024)	1.48 L	55.60 k	Mid Cap	15.1
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	1.26	246.4	0.08%	0.00%	0.24% (Jul 2025)	0% (Nov 2024)	4.88 L	0.00	Other	18.92
# Info Edge (India) Ltd.	Internet & catalogue retail	0.07	236.9	0.07%	0.00%	0.36% (Aug 2025)	0.01% (Feb 2025)	1.78 L	-4.66 L	Other	18.92
# Fortis Healthcare Ltd.	Hospital	0.62	233.6	0.07%	0.00%	0.23% (Jul 2025)	0% (Nov 2024)	2.54 L	2.11 L	Other	18.92
# Asian Paints (india) Ltd.	Paints	0.07	219.9	0.07%	0.00%	0.34% (Mar 2025)	0% (Nov 2024)	76.50 k	-1.47 L	Large Cap	40.83
# Tata Motors Passenger Vehicles Ltd.	Passenger cars & utility vehicles	2.9	219.2	0.07%	0.00%	2.11% (Nov 2024)	0.02% (Oct 2025)	6.14 L	4.95 L	Large Cap	40.83
# NBCC (India) Ltd.	Civil construction	0.71	217.7	0.07%	0.00%	0.07% (Oct 2025)	0% (Nov 2024)	18.66 L	0.00	Mid Cap	15.1
# Supreme Industries Ltd.	Plastic products - industrial	0.06	211.3	0.06%	0.00%	0.06% (Oct 2025)	0% (Nov 2024)	62.30 k	14.88 k	Mid Cap	15.1
# GAIL (India) Ltd.	Gas transmission/marketing	0.06	208.6	0.06%	0.00%	0.27% (Mar 2025)	0.01% (Apr 2025)	11.84 L	-0.20 Cr	Large Cap	40.83
# HDFC Asset Management Co. Ltd.	Asset management company	0.06	206.9	0.06%	0.00%	0.4% (Dec 2024)	0.01% (May 2025)	77.40 k	62.70 k	Large Cap	40.83
# Bosch Ltd.	Auto components & equipments	1.22	204	0.06%	0.00%	0.08% (Jun 2025)	0% (Nov 2024)	5.65 k	600.00	Large Cap	40.83
# Phoenix Mills Ltd.	Residential, commercial projects	1.46	198.2	0.06%	0.00%	0.06% (Oct 2025)	0% (Nov 2024)	1.14 L	3.15 k	Small Cap	3.72
# InterGlobe Aviation Ltd.	Airline	0.06	186.8	0.06%	0.00%	1.17% (May 2025)	0% (Nov 2024)	31.65 k	30.90 k	Large Cap	40.83
# Delhivery Ltd.	Logistics solution provider	0.56	174.2	0.05%	0.00%	0.09% (Oct 2025)	0% (Nov 2024)	4.09 L	-2.22 L	Other	18.92
# Suzlon Energy Ltd.	Heavy electrical equipment	0.41	163.9	0.05%	0.00%	0.07% (Oct 2025)	0% (Nov 2024)	30.35 L	-6.21 L	Small Cap	3.72
# Cummins India Ltd.	Compressors, pumps & diesel engines	0.05	163.1	0.05%	0.05%	0.09% (Jun 2025)	0% (Nov 2024)	36.40 k	36.40 k	Mid Cap	15.1
# KFIN Technologies Ltd.	Financial technology (fintech)	0.9	158.3	0.05%	0.05%	0.01% (Jul 2025)	0% (Nov 2024)	1.50 L	1.50 L	Other	18.92
# Godrej Consumer Products Ltd	Personal care	0.59	157	0.05%	0.05%	0.4% (Apr 2025)	0% (Nov 2024)	1.37 L	1.37 L	Large Cap	40.83
# Zydus Lifesciences Ltd.	Pharmaceuticals	4.04	149.3	0.05%	0.00%	0.36% (Nov 2024)	0% (Aug 2025)	1.58 L	1.08 L	Mid Cap	15.1
# Housing & Urban Development Corporation Ltd.	Financial institution	1.61	147.4	0.05%	0.00%	0.12% (Dec 2024)	0% (Nov 2024)	6.16 L	2.83 L	Small Cap	3.72
# Bajaj Auto Ltd.	2/3 wheelers	1.21	134.1	0.04%	0.00%	0.54% (Jan 2025)	0% (Sep 2025)	14.78 k	10.50 k	Large Cap	40.83
# Dabur India Ltd.	Personal care	0.59	133.9	0.04%	0.00%	0.19% (Sep 2025)	0% (Jul 2025)	2.59 L	82.50 k	Large Cap	40.83
# HDFC Life Insurance Company Ltd.	Life insurance	1.15	130.3	0.04%	0.00%	0.17% (May 2025)	0.02% (Sep 2025)	1.71 L	24.20 k	Large Cap	40.83
# L&T Finance Holdings Ltd.	Investment company	0.04	122.7	0.04%	0.00%	0.09% (Nov 2024)	0% (Nov 2024)	3.93 L	-5.09 L	Mid Cap	15.1
# Angel One Ltd.	Stockbroking & allied	0.03	111.5	0.03%	0.00%	0.07% (Dec 2024)	0% (Nov 2024)	41.25 k	40.25 k	Other	18.92
# Torrent Pharmaceuticals Ltd.	Pharmaceuticals	4.04	107.9	0.03%	0.00%	0.2% (Mar 2025)	0.05% (Oct 2025)	29.00 k	-0.20 L	Mid Cap	15.1
# Kaynes Technology India Private Ltd.	Industrial products	0.03	106	0.03%	0.00%	0.01% (Sep 2025)	0% (Nov 2024)	19.30 k	14.50 k	Other	18.92
# Solar Industries India Ltd.	Explosives	0.03	103.9	0.03%	0.00%	0.01% (Oct 2025)	0% (Nov 2024)	7.83 k	6.25 k	Small Cap	3.72
# Federal Bank Ltd.	Private sector bank	10.58	101.9	0.03%	0.00%	0.36% (Sep 2025)	0% (Nov 2024)	3.95 L	-0.30 Cr	Mid Cap	15.1
# Indian Railway Finance Corporation Ltd.	Financial institution	1.61	101.4	0.03%	0.00%	0.04% (Oct 2025)	0% (Nov 2024)	8.63 L	-0.77 L	Other	18.92
# SBI Life Insurance Co Ltd.	Life insurance	1.15	101	0.03%	0.00%	0.28% (May 2025)	0.05% (Oct 2025)	51.38 k	-0.24 L	Large Cap	40.83
# Au Small Finance Bank Ltd.	Other bank	0.03	97.4	0.03%	0.00%	0.22% (Jul 2025)	0% (Nov 2024)	1.02 L	-0.85 L	Mid Cap	15.1
# Oracle Financial Services Software Limited	Software products	0.03	93	0.03%	0.00%	0.01% (Nov 2024)	0% (Nov 2024)	11.48 k	9.08 k	Mid Cap	15.1
# Shree Cement Ltd.	Cement & cement products	1.76	77.9	0.02%	0.02%	0.09% (Aug 2025)	0% (Nov 2024)	2.95 k	2.95 k	Large Cap	40.83
# LTIMindtree Ltd.	Computers - software & consulting	2.97	69.5	0.02%	0.00%	0.28% (Nov 2024)	0% (Nov 2024)	11.40 k	10.65 k	Mid Cap	15.1
# NHPC Ltd.	Power generation	2.54	68.3	0.02%	0.00%	0.07% (Apr 2025)	0% (Nov 2024)	8.90 L	0.00	Mid Cap	15.1
# Dalmia Bharat Ltd.	Cement & cement products	1.76	67.9	0.02%	0.00%	0.04% (May 2025)	0% (Nov 2024)	33.80 k	3.25 k	Mid Cap	15.1
# Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	4.28	64.9	0.02%	0.00%	0.13% (Sep 2025)	0% (Nov 2024)	17.33 k	4.13 k	Mid Cap	15.1
# Bank Of India	Public sector bank	1.58	62.7	0.02%	0.00%	0.03% (Jun 2025)	0% (Nov 2024)	4.26 L	0.00	Mid Cap	15.1
# Prestige Estates Projects Ltd.	Residential, commercial projects	1.46	61.9	0.02%	0.00%	0.44% (Feb 2025)	0% (Nov 2024)	36.90 k	0.00	Mid Cap	15.1
# FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	2.74	51	0.02%	0.02%	0% (Mar 2025)	0% (Nov 2024)	1.91 L	1.91 L	Other	18.92
# Indian Bank	Public sector bank	1.58	45.3	0.01%	0.00%	0.02% (Jun 2025)	0% (Nov 2024)	52.00 k	14.00 k	Mid Cap	15.1
# Indian Energy Exchange Ltd.	Exchange and data platform	1.03	42.8	0.01%	0.00%	0.22% (Nov 2024)	0% (Aug 2025)	3.08 L	-7.50 k	Small Cap	3.72
# Union Bank Of India	Public sector bank	1.58	41.4	0.01%	0.00%	0.04% (Dec 2024)	0% (Nov 2024)	2.70 L	17.70 k	Mid Cap	15.1
# Dr. Reddys Laboratories Ltd.	Pharmaceuticals	4.04	40.9	0.01%	0.00%	0.06% (Jun 2025)	0% (Nov 2024)	32.50 k	18.75 k	Other	18.92
# PG Electroplast Ltd.	Consumer electronics	0.8	35.2	0.01%	0.00%	0.15% (Jul 2025)	0% (Nov 2024)	59.50 k	-0.44 L	Other	18.92
# Havells India Ltd.	Consumer electronics	0.8	33.2	0.01%	0.00%	0.31% (Feb 2025)	0% (Nov 2024)	23.00 k	18.50 k	Large Cap	40.83
# ICICI Lombard General Insurance Co Ltd.	General insurance	0.01	30.1	0.01%	0.01%	0.07% (May 2025)	0% (Nov 2024)	15.28 k	15.28 k	Large Cap	40.83
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	1.22	27.9	0.01%	0.00%	0.02% (Mar 2025)	0% (Nov 2024)	54.60 k	-0.30 L	Other	18.92
# Indian Railway Catering and Tourism Corporation Ltd.	Tour, travel related services	0.01	26.4	0.01%	0.00%	0.21% (Jan 2025)	0.11% (Sep 2025)	38.50 k	-5.28 L	Other	18.92
# Polycab India Limited	Cables - electricals	0.01	25.2	0.01%	0.00%	0.75% (Nov 2024)	0.01% (Oct 2025)	3.38 k	-0.38 k	Other	18.92
# Infosys Ltd.	Computers - software & consulting	2.97	24.3	0.01%	0.00%	3.11% (Apr 2025)	0.11% (Oct 2025)	15.60 k	-2.26 L	Large Cap	40.83
# Canara Bank	Public sector bank	1.58	23.5	0.01%	0.00%	0.84% (May 2025)	0.24% (Jun 2025)	1.55 L	-1.80 Cr	Other	18.92
# UNO Minda Ltd.	Auto components & equipments	1.22	20.1	0.01%	0.01%	0.04% (Aug 2025)	0% (Nov 2024)	15.40 k	15.40 k	Small Cap	3.72
- Voltas Limited	Household appliances	0.46	15.5	0.00%	0.00%	0.12% (May 2025)	0% (Nov 2024)	11.25 k	11.25 k	Mid Cap	15.1
- Life Insurance Corporation Of India	Life insurance	1.15	15	0.00%	0.00%	0.11% (Jun 2025)	0% (Nov 2024)	16.80 k	16.80 k	Other	18.92
- Tata Technologies Ltd.	Computers - software & consulting	2.97	12	0.00%	0.00%	0.07% (Apr 2025)	0% (Nov 2024)	17.60 k	0.00	Other	18.92
- Tata Elxsi Ltd.	Computers - software & consulting	2.97	10.8	0.00%	0.00%	0% (Dec 2025)	0% (Dec 2025)	2.10 k	2.10 k	Small Cap	3.72
- NCC Ltd.	Civil construction	0.71	9.3	0.00%	0.00%	0% (Oct 2025)	0% (Nov 2024)	54.00 k	0.00	Small Cap	3.72
- SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	4.28	8.5	0.00%	0.00%	0.04% (Mar 2025)	0% (Nov 2024)	9.60 k	9.60 k	Other	18.92
- Computer Age Management Services Pvt Ltd.	Depositories, clearing houses and other intermediaries	0.1	7.6	0.00%	0.00%	0.05% (May 2025)	0% (Nov 2024)	1.95 k	-2.70 k	Other	18.92
- Jubilant Foodworks Ltd.	Restaurants	0	5.3	0.00%	0.00%	0.23% (Aug 2025)	0% (Nov 2024)	8.75 k	-6.48 L	Other	18.92
- Bharat Petroleum Corporation Ltd.	Refineries & marketing	3.06	0.7	0.00%	0.00%	0.35% (Nov 2024)	0% (Oct 2025)	1.98 k	0.00	Large Cap	40.83
- TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	1.21	4.2	0.00%	0.00%	0% (Dec 2025)	0% (Dec 2025)	4.16 L	0.00	Other	18.92
ABB India Ltd.	Heavy electrical equipment	0.41	1.3	0.00%	0.00%	-	-	-	-	Large Cap	40.83
360 ONE WAM Ltd.	Other financial services		53.5	0.00%	-0.02%	-	-	-	-	Other	18.92
Amber Enterprises India Ltd.	Household appliances	0.46	24.1	0.00%	-0.01%	-	-	-	-	Small Cap	3.72
Oil India Ltd.	Oil exploration & production	1.03	71.6	0.00%	-0.02%	-	-	-	-	Mid Cap	15.1
Colgate - Palmolive (India) Limited	Personal care	0.59	118.6	0.00%	-0.04%	-	-	-	-	Large Cap	40.83
Piramal Pharma Ltd.	Pharmaceuticals	4.04	21	0.00%	-0.01%	-	-	-	-	Other	18.92
Indraprastha Gas Ltd.	Lpg/cng/png/lng supplier	0.44	54.2	0.00%	-0.02%	-	-	-	-	Mid Cap	15.1
Avenue Supermarts Ltd.	Diversified retail		76	0.00%	-0.02%	-	-	-	-	Large Cap	40.83

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# UNO Minda Ltd.	Auto components & equipments	20.1	0.01%	0.01%	0.04% (Aug 2025)	0% (Nov 2024)	15.40 k	15400
- SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	8.5	0.00%	0.00%	0.04% (Mar 2025)	0% (Nov 2024)	9.60 k	9600
# Godrej Consumer Products Ltd	Personal care	157	0.05%	0.05%	0.4% (Apr 2025)	0% (Nov 2024)	1.37 L	137000
# FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	51	0.02%	0.02%	0% (Mar 2025)	0% (Nov 2024)	1.91 L	190625
- Life Insurance Corporation Of India	Life insurance	15	0.00%	0.00%	0.11% (Jun 2025)	0% (Nov 2024)	16.80 k	16800
# KFIN Technologies Ltd.	Financial technology (fintech)	158.3	0.05%	0.05%	0.01% (Jul 2025)	0% (Nov 2024)	1.50 L	149850
# Shree Cement Ltd.	Cement & cement products	77.9	0.02%	0.02%	0.09% (Aug 2025)	0% (Nov 2024)	2.95 k	2950
# ICICI Lombard General Insurance Co Ltd.	General insurance	30.1	0.01%	0.01%	0.07% (May 2025)	0% (Nov 2024)	15.28 k	15275
- Voltas Limited	Household appliances	15.5	0.00%	0.00%	0.12% (May 2025)	0% (Nov 2024)	11.25 k	11250
- Tata Elxsi Ltd.	Computers - software & consulting	10.8	0.00%	0.00%	0% (Dec 2025)	0% (Dec 2025)	2.10 k	2100
# Cummins India Ltd.	Compressors, pumps & diesel engines	163.1	0.05%	0.05%	0.09% (Jun 2025)	0% (Nov 2024)	36.40 k	36400

Stocks removed from Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	1M Change in Qty
- ABB India Ltd.	Heavy electrical equipment	1.3	0.00%	0.00%	0.27% (May 2025)	0% (Oct 2025)	-250
360 ONE WAM Ltd.	Other financial services	53.5	0.00%	-0.02%	0.02% (Oct 2025)	0% (Nov 2024)	-49500
Amber Enterprises India Ltd.	Household appliances	24.1	0.00%	-0.01%	0.05% (Aug 2025)	0% (Nov 2024)	-3000
Oil India Ltd.	Oil exploration & production	71.6	0.00%	-0.02%	0.05% (Mar 2025)	0% (Nov 2024)	-165200
Colgate - Palmolive (India) Limited	Personal care	118.6	0.00%	-0.04%	0.36% (Nov 2024)	0% (Jun 2025)	-52875
Piramal Pharma Ltd.	Pharmaceuticals	21	0.00%	-0.01%	0.03% (Jul 2025)	0% (Nov 2024)	-105000
Indraprastha Gas Ltd.	Lpg/cng/png/lng supplier	54.2	0.00%	-0.02%	0.02% (Oct 2025)	0% (Nov 2024)	-255750
Avenue Supermarts Ltd.	Diversified retail	76	0.00%	-0.02%	0.3% (Feb 2025)	0% (Nov 2024)	-18300

Trend in stock holdings (Top 15 Holding)

Stock	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024
Reliance Industries Ltd.	2.75%	3.86%	3.93%	3.79%	4.32%	3.96%	3.55%	4.55%	5.96%	4.82%	4.85%	4.88%	3.25%
HDFC Bank Ltd.	4.42%	4.77%	4.83%	5.35%	4.94%	5.18%	5.66%	4.09%	3.65%	3.44%	2.58%	1.99%	2.35%
Bharti Airtel Ltd.	2.05%	3.30%	4.19%	4.04%	3.52%	3.85%	3.42%	3.03%	3.13%	2.68%	2.47%	2.41%	2.12%
Mahindra & Mahindra Ltd.	2.06%	2.74%	2.57%	2.24%	2.87%	2.53%	2.09%	1.89%	1.70%	1.79%	2.01%	2.01%	1.82%
Tata Consultancy Services Ltd.	1.65%	1.97%	1.99%	2.58%	2.79%	2.14%	1.89%	2.58%	2.16%	1.98%	1.87%	1.73%	2.27%
Axis Bank Ltd.	2.53%	1.82%	2.23%	2.57%	2.20%	0.98%	0.96%	1.00%	1.42%	1.49%	1.19%	1.47%	1.29%
Tata Motors Passenger Vehicles Ltd.	0.07%	0.02%	-	-	-	-	-	-	-	-	-	-	-
Tata Motors Ltd.	-	-	1.53%	1.51%	1.11%	1.18%	1.35%	1.41%	1.74%	1.70%	1.95%	1.98%	2.11%
Adani Enterprises Ltd.	0.99%	1.06%	1.11%	1.25%	1.54%	1.58%	1.47%	1.40%	1.51%	1.38%	1.54%	1.76%	1.73%
Kotak Mahindra Bank Ltd.	1.21%	1.05%	1.39%	1.32%	0.70%	0.66%	0.91%	0.65%	0.49%	2.55%	2.36%	1.92%	1.88%
Larsen & Toubro Ltd.	0.64%	0.98%	1.31%	1.20%	1.57%	1.30%	1.21%	0.82%	0.34%	1.56%	2.01%	2.06%	1.89%
ITC Limited	2.67%	2.30%	1.39%	1.03%	1.12%	1.28%	1.27%	0.91%	1.15%	0.81%	0.64%	1.04%	1.11%
National Thermal Power Corporation Ltd.	1.44%	1.52%	1.45%	1.44%	1.60%	1.65%	0.67%	0.64%	0.75%	1.35%	1.34%	1.22%	1.22%
Infosys Ltd.	0.01%	0.11%	0.32%	0.38%	0.26%	0.76%	2.68%	3.11%	2.22%	1.87%	1.72%	1.43%	1.33%
Vedanta Ltd.	1.24%	0.93%	0.82%	0.63%	0.72%	0.94%	0.84%	1.08%	1.44%	1.22%	1.63%	1.72%	1.75%
Eternal Ltd.	2.72%	1.51%	1.62%	0.49%	0.29%	0.81%	0.59%	-	-	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	-	-	0.10%	0.13%	0.20%	-

No of Debt Holding 8 (Category Avg - 8.59) | Modified Duration 0.21 Years (Category Avg - 0.34)| Yield to Maturity 5.65% (Category Avg - 6.02%)

Portfolio Summary (as on 30th Nov,2025)

Security Type	% Weight	Category Average
GOI	0.00%	0.95%
CD	3.36%	1.46%
T-Bills	0.03%	1.98%
CP	0.00%	0.95%
NCD & Bonds	0.00%	2.00%
PTC	0.00%	0.02%

Category - Arbitrage Fund

Security Type	% Weight	Category Average
Government Backed	0.03%	2.94%
Low Risk	3.36%	4.43%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Arbitrage Fund

Debt holding in Portfolio (as on 30th Nov,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	2705.43	0.83%	5.50 k
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	2214.39	0.68%	4.50 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1967.85	0.60%	4.00 k
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1967.70	0.60%	4.00 k
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	989.35	0.30%	2.00 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	642.92	0.20%	1.30 k
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	494.77	0.15%	1.00 k
Bond - T-Bill	T-Bills	Other			99.34	0.03%	10.00 L