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LIC MF Arbitrage Fund - Growth

  • Regular
  • Direct
Category : Arbitrage Fund
Fund House : LIC Mutual Fund
Portfolio Turnover Ratio : 183.00%. Category average turnover ratio is 872.39%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 66.03% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 66.03%
No of Stocks : 46 (Category Avg - 144.70) | Large Cap Investments : 40.99%| Mid Cap Investments : 5.81% | Small Cap Investments : 4.3% | Other : 14.94%

Portfolio Summary (as on 30th Sep,2025)

Particulars This Scheme Category
No. of Stocks 46 113
Top 5 Stock Weight 30.47% 22.65%
Top 10 Stock Weight 45.24% 34.93%
Top 3 Sector Weight 35.22% 27.74%
Category - Arbitrage Fund
Particulars This Scheme Category
Average mcap (Cr) 143453.32 94729.08
Holdings in large cap stocks 40.99% 40.04%
Holdings in mid cap stocks 5.81% 15.49%
Holdings in small cap stocks 4.3% 3.55%
Category - Arbitrage Fund

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

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
# ICICI Bank Ltd. Private sector bank 217 9.66% 9.66% 9.66% (Sep 2025) 0% (Oct 2024) 1.61 L 1.61 L
Reliance Industries Ltd. Refineries & marketing 147.3 6.55% -0.69% 8.7% (Mar 2025) 0% (Oct 2024) 1.08 L -4.50 k
State Bank Of India Public sector bank 117.1 5.21% -0.47% 7.42% (May 2025) 1.37% (Feb 2025) 1.34 L -0.15 L
Bharti Airtel Ltd. Telecom - cellular & fixed line services 101.7 4.53% 1.42% 4.53% (Sep 2025) 0% (Oct 2024) 54.15 k 19.48 k
HDFC Bank Ltd. Private sector bank 101.5 4.52% -0.30% 4.82% (Aug 2025) 0% (Oct 2024) 1.07 L 0.00
Tata Consultancy Services Ltd. Computers - software & consulting 84.4 3.76% -2.83% 7.12% (Jul 2025) 0% (Oct 2024) 29.23 k -0.16 L
Canara Bank Public sector bank 82.7 3.68% 0.39% 6.31% (Jun 2025) 2.03% (Nov 2024) 6.68 L 0.00
GMR Airports Ltd. Airport & airport services 74.2 3.30% -0.17% 5.99% (Jun 2025) 2.11% (Feb 2025) 8.51 L 0.00
Bharat Electronics Ltd. Aerospace & defense 50.7 2.25% 0.06% 3.47% (Jun 2025) 1.31% (Feb 2025) 1.25 L 0.00
# Aurobindo Pharma Ltd. Pharmaceuticals 39.9 1.78% 1.78% 1.78% (Sep 2025) 0% (Oct 2024) 36.85 k 36.85 k
- indicates change in weight in the portfolio. # indicates a new entry.

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

Help me understand this table
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
# ICICI Bank Ltd. Private sector bank 17.3 217 9.66% 9.66% 9.66% (Sep 2025) 0% (Oct 2024) 1.61 L 1.61 L Large Cap 40.99
Reliance Industries Ltd. Refineries & marketing 6.74 147.3 6.55% -0.69% 8.7% (Mar 2025) 0% (Oct 2024) 1.08 L -4.50 k Large Cap 40.99
State Bank Of India Public sector bank 11.18 117.1 5.21% -0.47% 7.42% (May 2025) 1.37% (Feb 2025) 1.34 L -0.15 L Large Cap 40.99
Bharti Airtel Ltd. Telecom - cellular & fixed line services 4.53 101.7 4.53% 1.42% 4.53% (Sep 2025) 0% (Oct 2024) 54.15 k 19.48 k Large Cap 40.99
HDFC Bank Ltd. Private sector bank 17.3 101.5 4.52% -0.30% 4.82% (Aug 2025) 0% (Oct 2024) 1.07 L 0.00 Other 14.94
Tata Consultancy Services Ltd. Computers - software & consulting 4.85 84.4 3.76% -2.83% 7.12% (Jul 2025) 0% (Oct 2024) 29.23 k -0.16 L Large Cap 40.99
Canara Bank Public sector bank 11.18 82.7 3.68% 0.39% 6.31% (Jun 2025) 2.03% (Nov 2024) 6.68 L 0.00 Other 14.94
GMR Airports Ltd. Airport & airport services 3.3 74.2 3.30% -0.17% 5.99% (Jun 2025) 2.11% (Feb 2025) 8.51 L 0.00 Small Cap 4.3
Bharat Electronics Ltd. Aerospace & defense 2.25 50.7 2.25% 0.06% 3.47% (Jun 2025) 1.31% (Feb 2025) 1.25 L 0.00 Mid Cap 5.81
# Aurobindo Pharma Ltd. Pharmaceuticals 1.78 39.9 1.78% 1.78% 1.78% (Sep 2025) 0% (Oct 2024) 36.85 k 36.85 k Large Cap 40.99
Jio Financial Services Ltd. Non banking financial company (nbfc) 1.65 36.5 1.62% -0.22% 2.14% (Jul 2025) 0% (Oct 2024) 1.25 L 0.00 Other 14.94
Indusind Bank Ltd. Private sector bank 17.3 36 1.60% -0.12% 3.21% (Dec 2024) 0% (Oct 2024) 49.00 k 0.00 Large Cap 40.99
Axis Bank Ltd. Private sector bank 17.3 33.2 1.48% -3.51% 4.99% (Aug 2025) 0% (Oct 2024) 29.38 k -0.71 L Large Cap 40.99
Tata Steel Ltd. Iron & steel products 1.98 29.7 1.32% 0.03% 2.32% (Jun 2025) 1.24% (Nov 2024) 1.76 L 0.00 Other 14.94
# Eternal Ltd. E-retail/ e-commerce 1.26 28.4 1.26% 1.26% 1.26% (Sep 2025) 0% (Oct 2024) 87.30 k 87.30 k Other 14.94
ITC Limited Diversified fmcg 1.23 27.6 1.23% 0.58% 1.23% (Sep 2025) 0% (Oct 2024) 68.80 k 35.20 k Large Cap 40.99
# Bank Of Baroda Public sector bank 11.18 27.2 1.21% 1.21% 2.3% (Apr 2025) 0% (Oct 2024) 1.05 L 1.05 L Large Cap 40.99
Tata Power Co. Ltd. Integrated power utilities 1.13 25.4 1.13% -1.14% 6.55% (May 2025) 1.13% (Sep 2025) 65.25 k -0.62 L Mid Cap 5.81
Coforge Ltd. Computers - software & consulting 4.85 24.5 1.09% -0.08% 1.3% (Jul 2025) 0% (Oct 2024) 15.38 k 1.13 k Other 14.94
Punjab National Bank Public sector bank 11.18 24.4 1.08% 0.05% 3.48% (Dec 2024) 0.64% (Feb 2025) 2.16 L 0.00 Large Cap 40.99
DLF Ltd. Residential, commercial projects 1.02 22.9 1.02% -0.11% 2.59% (Oct 2024) 0.7% (Dec 2024) 32.18 k 0.00 Large Cap 40.99
# Multi Commodity Exchange Of India Ltd. Exchange and data platform 1 22.4 1.00% 1.00% 1.38% (May 2025) 0% (Oct 2024) 2.88 k 2.88 k Small Cap 4.3
Info Edge (India) Ltd. Internet & catalogue retail 0.72 16.2 0.72% -0.08% 1.52% (Jun 2025) 0% (Oct 2024) 12.38 k 0.00 Other 14.94
Rural Electrification Corporation Limited Financial institution 0.8 15.2 0.68% -0.21% 1.78% (Jun 2025) 0% (Oct 2024) 40.80 k -0.13 L Mid Cap 5.81
# Nestle India Ltd. Packaged foods 0.64 14.4 0.64% 0.64% 0.64% (Sep 2025) 0% (Oct 2024) 12.50 k 12.50 k Other 14.94
Steel Authority Of India Ltd. Iron & steel products 1.98 12.6 0.56% 0.03% 1.7% (May 2025) 0% (Oct 2024) 94.00 k 0.00 Mid Cap 5.81
National Thermal Power Corporation Ltd. Power generation 0.72 9.2 0.41% -0.01% 0.75% (Jun 2025) 0% (Oct 2024) 27.00 k 0.00 Large Cap 40.99
Motherson Sumi Systems Ltd. Auto components & equipments 0.8 8.5 0.38% 0.32% 1.4% (Apr 2025) 0% (Oct 2024) 79.95 k 67.65 k Large Cap 40.99
Exide Industries Ltd. Auto components & equipments 0.8 8.4 0.38% -0.13% 0.87% (Jun 2025) 0.32% (Feb 2025) 21.60 k -5.40 k Mid Cap 5.81
J S W Energy Ltd. Power generation 0.72 6.9 0.31% 0.01% 0.56% (Jun 2025) 0% (Oct 2024) 13.00 k 0.00 Mid Cap 5.81
# Indian Oil Corporation Ltd. Refineries & marketing 6.74 4.4 0.19% 0.19% 0.19% (Sep 2025) 0% (Oct 2024) 29.25 k 29.25 k Large Cap 40.99
Ultratech Cement Ltd. Cement & cement products 0.19 4.3 0.19% -0.02% 0.35% (Jun 2025) 0% (Oct 2024) 350.00 0.00 Large Cap 40.99
Trent Limited Speciality retail 0.15 3.3 0.15% -0.03% 0.36% (Jun 2025) 0.15% (Sep 2025) 700.00 0.00 Mid Cap 5.81
Bharat Heavy Electricals Ltd. Heavy electrical equipment 0.14 3.1 0.14% 0.01% 3.5% (Oct 2024) 0% (Oct 2024) 13.13 k 0.00 Mid Cap 5.81
Dabur India Ltd. Personal care 0.14 3.1 0.14% -0.05% 0.42% (Apr 2025) 0% (Oct 2024) 6.25 k -1.25 k Large Cap 40.99
# Titan Company Ltd. Gems, jewellery and watches 0.13 3 0.13% 0.13% 0.78% (Mar 2025) 0% (Oct 2024) 875.00 875.00 Large Cap 40.99
- Power Finance Corporation Ltd. Financial institution 0.8 2.7 0.12% 0.00% 0.23% (Oct 2024) 0.07% (Feb 2025) 6.50 k 0.00 Mid Cap 5.81
United Spirits Ltd. Breweries & distilleries 0.12 2.7 0.12% -0.40% 1.26% (Apr 2025) 0% (Oct 2024) 2.00 k -6.40 k Large Cap 40.99
- J S W Steel Ltd. Iron & steel products 1.98 2.3 0.10% 0.00% 0.17% (Jun 2025) 0% (Oct 2024) 2.03 k 0.00 Large Cap 40.99
Crompton Greaves Consumer Electricals Ltd. Household appliances 0.09 2.1 0.09% -0.02% 0.21% (Jun 2025) 0% (Oct 2024) 7.20 k 0.00 Mid Cap 5.81
# Container Corporation Of India Ltd. Logistics solution provider 0.09 2 0.09% 0.09% 0.09% (Sep 2025) 0% (Oct 2024) 3.75 k 3.75 k Large Cap 40.99
# Varun Beverages Ltd. Other beverages 0.06 1.4 0.06% 0.06% 0.06% (Sep 2025) 0% (Oct 2024) 3.08 k 3.08 k Other 14.94
# Vedanta Ltd. Diversified metals 0.05 1.1 0.05% 0.05% 0.46% (Dec 2024) 0% (Oct 2024) 2.30 k 2.30 k Large Cap 40.99
Bosch Ltd. Auto components & equipments 0.8 1 0.04% 0.00% 0.07% (Jun 2025) 0% (Oct 2024) 25.00 0.00 Large Cap 40.99
# Kotak Mahindra Bank Ltd. Private sector bank 17.3 0.8 0.04% 0.04% 2.77% (Feb 2025) 0% (Oct 2024) 400.00 400.00 Large Cap 40.99
Bajaj Finance Ltd. Non banking financial company (nbfc) 1.65 0.8 0.03% -0.47% 3.83% (Dec 2024) 0% (Oct 2024) 750.00 -0.11 L Other 14.94
ABB India Ltd. Heavy electrical equipment 0.14 13.1 0.00% -0.62% - - - - Large Cap 40.99
Mahindra & Mahindra Ltd. Passenger cars & utility vehicles 30.7 0.00% -1.46% - - - - Large Cap 40.99
HDFC Life Insurance Company Ltd. Life insurance 17.8 0.00% -0.85% - - - - Large Cap 40.99
Tata Motors Ltd. Passenger cars & utility vehicles 35.3 0.00% -1.68% - - - - Large Cap 40.99
HCL Technologies Limited Computers - software & consulting 4.85 16.3 0.00% -0.77% - - - - Large Cap 40.99
- indicates change in weight in the portfolio. # indicates a new entry.

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

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
# Kotak Mahindra Bank Ltd. Private sector bank 0.8 0.04% 0.04% 2.77% (Feb 2025) 0% (Oct 2024) 400.00 400
# ICICI Bank Ltd. Private sector bank 217 9.66% 9.66% 9.66% (Sep 2025) 0% (Oct 2024) 1.61 L 161000
# Bank Of Baroda Public sector bank 27.2 1.21% 1.21% 2.3% (Apr 2025) 0% (Oct 2024) 1.05 L 105300
# Varun Beverages Ltd. Other beverages 1.4 0.06% 0.06% 0.06% (Sep 2025) 0% (Oct 2024) 3.08 k 3075
# Titan Company Ltd. Gems, jewellery and watches 3 0.13% 0.13% 0.78% (Mar 2025) 0% (Oct 2024) 875.00 875
# Multi Commodity Exchange Of India Ltd. Exchange and data platform 22.4 1.00% 1.00% 1.38% (May 2025) 0% (Oct 2024) 2.88 k 2875
# Eternal Ltd. E-retail/ e-commerce 28.4 1.26% 1.26% 1.26% (Sep 2025) 0% (Oct 2024) 87.30 k 87300
# Nestle India Ltd. Packaged foods 14.4 0.64% 0.64% 0.64% (Sep 2025) 0% (Oct 2024) 12.50 k 12500
# Vedanta Ltd. Diversified metals 1.1 0.05% 0.05% 0.46% (Dec 2024) 0% (Oct 2024) 2.30 k 2300
# Indian Oil Corporation Ltd. Refineries & marketing 4.4 0.19% 0.19% 0.19% (Sep 2025) 0% (Oct 2024) 29.25 k 29250
# Container Corporation Of India Ltd. Logistics solution provider 2 0.09% 0.09% 0.09% (Sep 2025) 0% (Oct 2024) 3.75 k 3750
# Aurobindo Pharma Ltd. Pharmaceuticals 39.9 1.78% 1.78% 1.78% (Sep 2025) 0% (Oct 2024) 36.85 k 36850

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

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ABB India Ltd. Heavy electrical equipment 13.1 0.00% -0.62% 1.32% (Jun 2025) 0% (Oct 2024) 0.00 -2625
Mahindra & Mahindra Ltd. Passenger cars & utility vehicles 30.7 0.00% -1.46% 2.53% (Jun 2025) 0% (Oct 2024) 0.00 -9600
HDFC Life Insurance Company Ltd. Life insurance 17.8 0.00% -0.85% 0.92% (Dec 2024) 0% (Oct 2024) 0.00 -23100
Tata Motors Ltd. Passenger cars & utility vehicles 35.3 0.00% -1.68% 5.51% (Mar 2025) 0% (Oct 2024) 0.00 -52800
HCL Technologies Limited Computers - software & consulting 16.3 0.00% -0.77% 0.86% (Jul 2025) 0% (Oct 2024) 0.00 -11200

Trend in stock holdings (Top 15 Holding)

Stock Sep 2025 Aug 2025 Jul 2025 Jun 2025 May 2025 Apr 2025 Mar 2025 Feb 2025 Jan 2025 Dec 2024 Nov 2024 Oct 2024 Sep 2024
Reliance Industries Ltd. 6.55% 7.25% 6.63% - - 3.57% 8.70% 7.71% 5.30% 5.80% 6.31% 5.30% -
ICICI Bank Ltd. 9.66% - - - 7.91% 8.26% 8.29% 6.70% 4.32% 3.36% 0.27% - -
Canara Bank 3.68% 3.29% 3.74% 6.31% 6.01% 4.83% 2.90% 2.48% 2.83% 2.55% 2.03% 2.25% 3.69%
State Bank Of India 5.21% 5.68% 6.20% 6.76% 7.42% 2.54% 1.63% 1.37% 2.13% 2.23% 2.04% 2.30% 0.26%
Tata Power Co. Ltd. 1.13% 2.27% 2.65% 4.28% 6.55% 4.96% 3.31% 3.93% 4.18% 3.30% 1.88% 2.30% 3.82%
GMR Airports Ltd. 3.30% 3.48% - - - - - - - - - - -
GMR Airports Infrastructure Ltd. - - 4.00% 5.99% 4.94% 3.96% 2.45% 2.11% 2.20% 2.68% 2.34% 2.90% 3.80%
Axis Bank Ltd. 1.48% 4.99% 4.74% - - - - 3.67% 2.69% 3.05% 2.39% 2.11% 1.13%
Tata Motors Ltd. - 1.68% 1.83% 3.00% 2.24% 1.55% 5.51% 4.61% 4.93% 1.43% 1.98% 1.02% -
Tata Consultancy Services Ltd. 3.76% 6.58% 7.12% 0.70% - - 1.19% 0.99% 1.16% - 0.47% 0.57% -
Bharat Electronics Ltd. 2.25% 2.20% 2.51% 3.47% 2.29% 1.45% 1.72% 1.31% 1.53% 2.16% 2.96% 3.15% 4.76%
Infosys Ltd. - - 2.55% 4.29% 3.36% 7.15% 3.32% 1.97% 0.21% 0.46% 0.59% 0.65% 1.04%
HDFC Bank Ltd. 4.52% 4.82% 2.20% 3.46% 2.30% 0.68% 2.17% 1.80% 0.71% 0.31% - 1.39% -
Indian Energy Exchange Ltd. - - - - - - - - - 0.86% 1.84% 2.13% 3.71%
Havells India Ltd. - - - - - - - - - - 1.70% 1.63% 2.95%
No of Debt Holding 2 (Category Avg - 9.76) | Modified Duration 0.00 Years (Category Avg - 0.38)| Yield to Maturity - -- (Category Avg - 5.98%)

Portfolio Summary (as on 30th Sep,2025)

Security Type % Weight Category Average
GOI 0.00% 0.98%
CD 0.00% 1.86%
T-Bills 0.00% 1.28%
CP 2.20% 1.13%
NCD & Bonds 7.15% 2.59%
PTC 0.00% 0.02%
Category - Arbitrage Fund
Security Type % Weight Category Average
Government Backed 0.00% 0.00%
Low Risk 9.35% 5.59%
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 Sep,2025)

Instrument
Type
Sector
Rating
Rating Agency
Value (Mn)
% of Total Holding
Quantity
Bond - National Bank for Agriculture & Rural Development NCD & Bonds Financial institution AAA CRISIL 160.76 7.15% 1.50 k
Bond - Angel One Ltd. CP Stockbroking & allied P1+ CRISIL 49.43 2.20% 100.00
Name Type of Instrument Weight (%)
TREPS TREPS 11.49%
MF Units MF Units 11.45%
MF Units MF Units 6.93%
Net Receivables Net Receivables -5.25%

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