SBI Arbitrage Opportunities Fund - Direct Plan - IDCW Portfolio | SBI Mutual Fund Portfolio

Portfolio Turnover Ratio : 1243.00%. Category average turnover ratio is 1259.13%. 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 : 69.18% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 69.18%

No of Stocks : 199 (Category Avg - 142.47) | Large Cap Investments : 37.33%| Mid Cap Investments : 13.2% | Small Cap Investments : 3.14% | Other : 15.51%

Portfolio Summary (as on 31st Jul,2025)

Particulars	This Scheme	Category
No. of Stocks	199	115
Top 5 Stock Weight	17.64%	21.82%
Top 10 Stock Weight	24.36%	33.8%
Top 3 Sector Weight	24.81%	26.57%

Category - Arbitrage Fund

Particulars	This Scheme	Category
Average mcap (Cr)	85812.42	94792.92
Holdings in large cap stocks	37.33%	39.66%
Holdings in mid cap stocks	13.2%	14.21%
Holdings in small cap stocks	3.14%	3.7%

Category - Arbitrage Fund

Top 10 Stocks holding in Portfolio (as on 31st Jul,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	24412.5	6.13%	-0.53%	6.66% (Jun 2025)	1.28% (Dec 2024)	1.21 Cr	-4.12 L
ICICI Bank Ltd.	Private sector bank	14048	3.53%	0.57%	3.85% (Feb 2025)	0.52% (Sep 2024)	94.83 L	17.85 L
Axis Bank Ltd.	Private sector bank	11944.7	3.00%	0.63%	4.03% (Jan 2025)	0.73% (Sep 2024)	1.12 Cr	37.34 L
State Bank Of India	Public sector bank	11039	2.77%	-0.34%	3.11% (Jun 2025)	0.94% (Aug 2024)	1.39 Cr	-4.16 L
Tata Consultancy Services Ltd.	Computers - software & consulting	8784.7	2.21%	0.46%	2.87% (Oct 2024)	0.72% (Aug 2024)	28.93 L	9.88 L
Reliance Industries Ltd.	Refineries & marketing	7938.7	1.99%	0.54%	6.49% (Dec 2024)	1.34% (May 2025)	57.11 L	20.82 L
ITC Limited	Diversified fmcg	5629.5	1.41%	-0.25%	2.15% (Mar 2025)	0.68% (Dec 2024)	1.37 Cr	-0.13 Cr
Hindustan Aeronautics Ltd.	Aerospace & defense	4908.9	1.23%	0.03%	1.75% (Aug 2024)	0.82% (Feb 2025)	10.83 L	1.59 L
Asian Paints (india) Ltd.	Paints	4310.6	1.08%	-0.42%	1.5% (Jun 2025)	0.01% (Sep 2024)	17.99 L	-6.09 L
Rural Electrification Corporation Limited	Financial institution	4029.5	1.01%	0.05%	1.54% (Sep 2024)	0.74% (Dec 2024)	1.02 Cr	11.86 L

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

View complete holding

Complete equity Portfolio (as on 31st Jul,2025)

None
Sector
M-Cap

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
HDFC Bank Ltd.	Private sector bank	15.49	24412.5	6.13%	-0.53%	6.66% (Jun 2025)	1.28% (Dec 2024)	1.21 Cr	-4.12 L	Other	15.51
ICICI Bank Ltd.	Private sector bank	15.49	14048	3.53%	0.57%	3.85% (Feb 2025)	0.52% (Sep 2024)	94.83 L	17.85 L	Large Cap	37.33
Axis Bank Ltd.	Private sector bank	15.49	11944.7	3.00%	0.63%	4.03% (Jan 2025)	0.73% (Sep 2024)	1.12 Cr	37.34 L	Large Cap	37.33
State Bank Of India	Public sector bank	4.33	11039	2.77%	-0.34%	3.11% (Jun 2025)	0.94% (Aug 2024)	1.39 Cr	-4.16 L	Large Cap	37.33
Tata Consultancy Services Ltd.	Computers - software & consulting	4.99	8784.7	2.21%	0.46%	2.87% (Oct 2024)	0.72% (Aug 2024)	28.93 L	9.88 L	Large Cap	37.33
Reliance Industries Ltd.	Refineries & marketing	2.88	7938.7	1.99%	0.54%	6.49% (Dec 2024)	1.34% (May 2025)	57.11 L	20.82 L	Large Cap	37.33
ITC Limited	Diversified fmcg	1.63	5629.5	1.41%	-0.25%	2.15% (Mar 2025)	0.68% (Dec 2024)	1.37 Cr	-0.13 Cr	Large Cap	37.33
Hindustan Aeronautics Ltd.	Aerospace & defense	2.21	4908.9	1.23%	0.03%	1.75% (Aug 2024)	0.82% (Feb 2025)	10.83 L	1.59 L	Other	15.51
Asian Paints (india) Ltd.	Paints	1.08	4310.6	1.08%	-0.42%	1.5% (Jun 2025)	0.01% (Sep 2024)	17.99 L	-6.09 L	Large Cap	37.33
Rural Electrification Corporation Limited	Financial institution	1.62	4029.5	1.01%	0.05%	1.54% (Sep 2024)	0.74% (Dec 2024)	1.02 Cr	11.86 L	Mid Cap	13.2
Bharat Electronics Ltd.	Aerospace & defense	2.21	3790.9	0.95%	0.07%	2.07% (Aug 2024)	0.88% (Jun 2025)	98.95 L	20.58 L	Mid Cap	13.2
Vedanta Ltd.	Diversified metals	0.95	3764.7	0.95%	-0.16%	1.52% (Sep 2024)	0.78% (May 2025)	88.45 L	-2.44 L	Large Cap	37.33
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1.71	3737.2	0.94%	-0.18%	2.3% (Dec 2024)	0.54% (Mar 2025)	19.52 L	-1.43 L	Large Cap	37.33
HCL Technologies Limited	Computers - software & consulting	4.99	3503.4	0.88%	0.37%	0.88% (Jul 2025)	0.23% (Sep 2024)	23.87 L	12.75 L	Large Cap	37.33
Kotak Mahindra Bank Ltd.	Private sector bank	15.49	3486.3	0.88%	0.09%	1.17% (Feb 2025)	0.32% (Mar 2025)	17.62 L	3.82 L	Large Cap	37.33
Tata Motors Ltd.	Passenger cars & utility vehicles	1.8	3427.8	0.86%	-0.05%	4.1% (Aug 2024)	0.86% (Jul 2025)	51.47 L	1.73 L	Large Cap	37.33
Adani Green Energy Ltd.	Power generation	1.78	3213.5	0.81%	0.12%	0.81% (Jul 2025)	0% (Aug 2024)	32.63 L	7.43 L	Small Cap	3.14
Vodafone Idea Ltd.	Telecom - cellular & fixed line services	1.71	3053.7	0.77%	0.38%	1.58% (Aug 2024)	0.23% (May 2025)	44.19 Cr	24.34 Cr	Large Cap	37.33
J S W Steel Ltd.	Iron & steel products	1.74	3036.3	0.76%	-0.12%	0.88% (Jun 2025)	0.2% (Sep 2024)	28.96 L	-3.62 L	Large Cap	37.33
Coal India Ltd.	Coal	0.75	3000.2	0.75%	0.36%	0.75% (Jul 2025)	0.22% (Mar 2025)	79.72 L	42.09 L	Large Cap	37.33
Indusind Bank Ltd.	Private sector bank	15.49	2826.4	0.71%	-0.29%	2.16% (Aug 2024)	0.27% (Mar 2025)	35.38 L	-7.56 L	Large Cap	37.33
Larsen & Toubro Ltd.	Civil construction	0.88	2656.3	0.67%	0.04%	1.38% (Aug 2024)	0.29% (Mar 2025)	7.30 L	88.20 k	Large Cap	37.33
Lupin Ltd.	Pharmaceuticals	3.42	2655.6	0.67%	0.36%	0.67% (Jul 2025)	0.12% (Dec 2024)	13.77 L	7.82 L	Large Cap	37.33
Adani Enterprises Ltd.	Trading - minerals	0.66	2627.3	0.66%	-0.06%	2.13% (Sep 2024)	0.66% (Jul 2025)	10.81 L	53.70 k	Mid Cap	13.2
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	1.8	2593.2	0.65%	0.26%	1.64% (Oct 2024)	0.24% (Mar 2025)	8.10 L	3.43 L	Large Cap	37.33
Canara Bank	Public sector bank	4.33	2560.6	0.64%	0.26%	0.92% (Aug 2024)	0.38% (Jun 2025)	2.39 Cr	1.14 Cr	Other	15.51
Divis Laboratories Ltd.	Pharmaceuticals	3.42	2499.7	0.63%	-0.05%	0.69% (May 2025)	0% (Sep 2024)	3.79 L	4.70 k	Large Cap	37.33
Aurobindo Pharma Ltd.	Pharmaceuticals	3.42	2410.4	0.61%	0.02%	0.61% (Jul 2025)	0.13% (Aug 2024)	21.15 L	1.54 L	Large Cap	37.33
Coforge Ltd.	Computers - software & consulting	4.99	2324.7	0.58%	-0.22%	0.83% (May 2025)	0.09% (Aug 2024)	13.30 L	-2.26 L	Other	15.51
Power Finance Corporation Ltd.	Financial institution	1.62	2270.3	0.57%	-0.11%	0.99% (Jan 2025)	0.57% (Jul 2025)	55.38 L	-4.07 L	Mid Cap	13.2
Jio Financial Services Ltd.	Non banking financial company (nbfc)	1.86	2228.4	0.56%	0.03%	0.72% (Feb 2025)	0% (Aug 2024)	67.68 L	7.21 L	Other	15.51
One 97 Communications Ltd.	Financial technology (fintech)	0.77	2206.6	0.55%	0.10%	0.55% (Jul 2025)	0% (Aug 2024)	20.26 L	1.76 L	Other	15.51
IDFC First Bank Ltd.	Private sector bank	15.49	2128.8	0.53%	-0.19%	0.96% (May 2025)	0% (Aug 2024)	3.10 Cr	-0.63 Cr	Mid Cap	13.2
Punjab National Bank	Public sector bank	4.33	2111	0.53%	0.01%	1.11% (Dec 2024)	0.26% (Sep 2024)	2.00 Cr	22.00 L	Large Cap	37.33
J S W Energy Ltd.	Power generation	1.78	2073.1	0.52%	-0.03%	0.55% (Jun 2025)	0% (Aug 2024)	40.25 L	81.00 k	Mid Cap	13.2
Godrej Consumer Products Ltd	Personal care	0.78	2060.4	0.52%	0.07%	1.05% (Mar 2025)	0% (Aug 2024)	16.37 L	1.91 L	Large Cap	37.33
DLF Ltd.	Residential, commercial projects	1.27	1993.4	0.50%	-0.02%	1.08% (Nov 2024)	0.5% (Jul 2025)	25.42 L	2.12 L	Large Cap	37.33
TVS Motor Company Ltd.	2/3 wheelers	0.71	1971.1	0.49%	0.26%	0.49% (Jul 2025)	0.04% (Aug 2024)	7.04 L	4.03 L	Mid Cap	13.2
Grasim Industries Limited	Cement & cement products	1.21	1921.1	0.48%	0.15%	0.48% (Jul 2025)	0.01% (Aug 2024)	7.00 L	2.67 L	Large Cap	37.33
Ultratech Cement Ltd.	Cement & cement products	1.21	1881.5	0.47%	-0.01%	0.92% (Mar 2025)	0.09% (Aug 2024)	1.54 L	2.85 k	Large Cap	37.33
Bajaj Finance Ltd.	Non banking financial company (nbfc)	1.86	1857.8	0.47%	-0.24%	1.99% (Sep 2024)	0.47% (Jul 2025)	21.08 L	-7.53 L	Other	15.51
Dixon Technologies (India) Ltd.	Consumer electronics	0.47	1742.2	0.44%	0.10%	0.71% (Sep 2024)	0% (Aug 2024)	1.03 L	17.00 k	Other	15.51
Patanjali Foods Ltd.	Edible oil	0.44	1735.2	0.44%	0.31%	0.44% (Jul 2025)	0% (Aug 2024)	9.26 L	6.28 L	Other	15.51
Power Grid Corporation of India Ltd.	Power - transmission	0.82	1694.1	0.43%	-0.02%	0.52% (May 2025)	0.24% (Apr 2025)	58.22 L	1.31 L	Large Cap	37.33
Bajaj Finserv Ltd	Holding company	0.43	1692.8	0.43%	-0.13%	0.6% (Nov 2024)	0.13% (Jan 2025)	8.69 L	-1.57 L	Other	15.51
Tata Consumer Products Ltd.	Tea & coffee	0.42	1668.7	0.42%	-0.07%	0.59% (May 2025)	0.04% (Feb 2025)	15.55 L	-1.20 L	Mid Cap	13.2
- Tech Mahindra Ltd.	Computers - software & consulting	4.99	1634.4	0.41%	0.00%	0.48% (Oct 2024)	0.16% (Aug 2024)	11.17 L	2.03 L	Large Cap	37.33
Adani Energy Solutions Ltd.	Power - transmission	0.82	1572.6	0.39%	-0.09%	0.48% (Jun 2025)	0% (Aug 2024)	19.45 L	-0.97 L	Mid Cap	13.2
Infosys Ltd.	Computers - software & consulting	4.99	1535	0.39%	-0.07%	2.63% (Sep 2024)	0.39% (Jul 2025)	10.17 L	-0.73 L	Large Cap	37.33
National Thermal Power Corporation Ltd.	Power generation	1.78	1498.1	0.38%	-0.01%	0.73% (Jan 2025)	0.23% (Mar 2025)	44.82 L	1.28 L	Large Cap	37.33
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	3.42	1457.3	0.37%	0.11%	0.37% (Jul 2025)	0.02% (Dec 2024)	6.83 L	1.35 L	Mid Cap	13.2
Tata Steel Ltd.	Iron & steel products	1.74	1454.2	0.37%	-0.03%	0.4% (Jun 2025)	0.28% (Oct 2024)	92.07 L	-3.08 L	Other	15.51
Indian Oil Corporation Ltd.	Refineries & marketing	2.88	1452.5	0.36%	0.11%	0.83% (Aug 2024)	0.06% (Mar 2025)	99.74 L	36.56 L	Large Cap	37.33
Steel Authority Of India Ltd.	Iron & steel products	1.74	1438.9	0.36%	-0.05%	0.48% (Mar 2025)	0.16% (Oct 2024)	1.16 Cr	-1.97 L	Mid Cap	13.2
United Spirits Ltd.	Breweries & distilleries	0.35	1379.3	0.35%	0.08%	0.59% (Aug 2024)	0.13% (Dec 2024)	10.29 L	3.08 L	Large Cap	37.33
Indian Hotels Company Limited	Hotels & resorts	0.34	1354.8	0.34%	0.04%	0.34% (Jul 2025)	0.03% (Dec 2024)	18.29 L	3.24 L	Mid Cap	13.2
LIC Housing Finance Ltd.	Housing finance company	0.65	1346.7	0.34%	0.03%	0.42% (Oct 2024)	0.16% (Feb 2025)	22.98 L	3.93 L	Mid Cap	13.2
NMDC LTD	Industrial minerals	0.33	1308.3	0.33%	0.11%	0.66% (Sep 2024)	0.22% (Jun 2025)	1.85 Cr	64.94 L	Mid Cap	13.2
Solar Industries India Ltd.	Explosives	0.33	1307.5	0.33%	0.10%	0.33% (Jul 2025)	0% (Aug 2024)	91.95 k	43.65 k	Small Cap	3.14
Titan Company Ltd.	Gems, jewellery and watches	0.63	1291.6	0.32%	-0.30%	0.75% (Mar 2025)	0.3% (Nov 2024)	3.86 L	-2.44 L	Large Cap	37.33
PNB Housing Finance Ltd.	Housing finance company	0.65	1244.9	0.31%	0.04%	0.31% (Jul 2025)	0% (Aug 2024)	12.62 L	3.54 L	Mid Cap	13.2
GMR Airports Infrastructure Ltd.	Airport & airport services	0.31	1240	0.31%	-0.01%	0.88% (Sep 2024)	0.31% (Jul 2025)	1.38 Cr	-1.67 L	Small Cap	3.14
Kalyan Jewellers India Ltd.	Gems, jewellery and watches	0.63	1236.1	0.31%	0.18%	0.31% (Jul 2025)	0% (Aug 2024)	20.79 L	12.15 L	Other	15.51
Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.31	1233.7	0.31%	-0.05%	0.47% (Jan 2025)	0.03% (Aug 2024)	38.20 L	-5.40 k	Mid Cap	13.2
Bharat Heavy Electricals Ltd.	Heavy electrical equipment	0.63	1228.7	0.31%	-0.03%	0.68% (Nov 2024)	0.22% (Feb 2025)	51.53 L	3.73 L	Mid Cap	13.2
RBL Bank Ltd.	Private sector bank	15.49	1219.1	0.31%	-0.06%	0.37% (Jun 2025)	0% (Aug 2024)	45.69 L	-0.10 Cr	Mid Cap	13.2
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	2.88	1199.9	0.30%	0.01%	0.46% (Aug 2024)	0.14% (Nov 2024)	28.67 L	4.07 L	Large Cap	37.33
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	1.8	1167.5	0.29%	0.15%	0.31% (Dec 2024)	0.07% (Apr 2025)	92.60 k	48.90 k	Large Cap	37.33
Bank Of Baroda	Public sector bank	4.33	1142.5	0.29%	0.05%	0.93% (Dec 2024)	0.22% (May 2025)	48.03 L	12.26 L	Large Cap	37.33
Au Small Finance Bank Ltd.	Other bank	0.28	1124.1	0.28%	0.23%	0.28% (Jul 2025)	0% (Aug 2024)	15.16 L	13.07 L	Mid Cap	13.2
Britannia Industries Ltd.	Packaged foods	0.55	1098.7	0.28%	-0.04%	0.38% (Apr 2025)	0% (Aug 2024)	1.90 L	-0.18 L	Large Cap	37.33
Aditya Birla Capital Ltd.	Life insurance	0.66	1094.8	0.27%	0.02%	0.44% (Sep 2024)	0.25% (Jun 2025)	42.66 L	9.11 L	Mid Cap	13.2
Nestle India Ltd.	Packaged foods	0.55	1077.2	0.27%	-0.05%	0.52% (Sep 2024)	0% (May 2025)	4.79 L	-7.75 k	Other	15.51
Syngene International Ltd.	Healthcare research, analytics & technology	0.27	1071.7	0.27%	0.18%	0.27% (Jul 2025)	0% (Aug 2024)	15.01 L	9.57 L	Mid Cap	13.2
Adani Ports And Special Economic Zone Ltd.	Port & port services	0.27	1057.9	0.27%	-0.03%	0.55% (Jan 2025)	0.2% (May 2025)	7.70 L	-0.15 L	Large Cap	37.33
Bosch Ltd.	Auto components & equipments	0.95	1051	0.26%	0.04%	0.26% (Jul 2025)	0% (Aug 2024)	26.03 k	1.03 k	Large Cap	37.33
Apollo Hospitals Enterprises Ltd.	Hospital	0.53	1047.9	0.26%	-0.02%	0.43% (May 2025)	0.04% (Aug 2024)	1.40 L	-4.75 k	Mid Cap	13.2
IIFL Finance Ltd.	Non banking financial company (nbfc)	1.86	1018.1	0.26%	0.15%	0.26% (Jul 2025)	0% (Aug 2024)	21.30 L	12.29 L	Small Cap	3.14
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	0.95	988.4	0.25%	0.25%	0.25% (Jul 2025)	0% (Aug 2024)	21.99 L	21.99 L	Other	15.51
Godrej Properties Ltd.	Residential, commercial projects	1.27	986	0.25%	-0.08%	0.8% (Jan 2025)	0.25% (Jul 2025)	4.69 L	-0.61 L	Mid Cap	13.2
Tata Power Co. Ltd.	Integrated power utilities	0.27	974.1	0.24%	-0.15%	1.44% (Sep 2024)	0.24% (Jul 2025)	24.49 L	-0.12 Cr	Mid Cap	13.2
GAIL (India) Ltd.	Gas transmission/marketing	0.24	959.3	0.24%	-0.04%	0.91% (Mar 2025)	0.11% (Oct 2024)	53.99 L	-2.11 L	Large Cap	37.33
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3.42	902.6	0.23%	-0.10%	0.51% (Nov 2024)	0.05% (Sep 2024)	5.29 L	-2.10 L	Large Cap	37.33
Bharat Petroleum Corporation Ltd.	Refineries & marketing	2.88	900.8	0.23%	-0.06%	0.52% (Dec 2024)	0.16% (Feb 2025)	27.35 L	-5.69 L	Large Cap	37.33
Shriram Finance Ltd.	Non banking financial company (nbfc)	1.86	897.3	0.23%	0.13%	0.62% (Oct 2024)	0.08% (Sep 2024)	14.22 L	8.80 L	Other	15.51
Mphasis Ltd.	Computers - software & consulting	4.99	897	0.23%	-0.08%	0.35% (Feb 2025)	0.03% (Sep 2024)	3.21 L	-0.84 L	Mid Cap	13.2
Hindustan Unilever Ltd.	Diversified fmcg	1.63	874.4	0.22%	-0.08%	0.4% (Feb 2025)	0.2% (Sep 2024)	3.47 L	-1.49 L	Large Cap	37.33
Hindalco Industries Ltd.	Aluminium	0.35	868.3	0.22%	-0.05%	0.38% (Oct 2024)	0.19% (Aug 2024)	12.71 L	-1.72 L	Large Cap	37.33
Pidilite Industries Ltd.	Specialty chemicals	0.43	861.7	0.22%	-0.02%	0.54% (Mar 2025)	0.15% (Oct 2024)	3.00 L	4.25 k	Large Cap	37.33
BSE Ltd.	Exchange and data platform	0.37	861.1	0.22%	-0.03%	0.25% (Jun 2025)	0% (Aug 2024)	3.55 L	17.63 k	Small Cap	3.14
PB Fintech Ltd.	Financial technology (fintech)	0.77	856.9	0.22%	0.14%	0.22% (Jul 2025)	0% (Aug 2024)	4.73 L	3.12 L	Other	15.51
SRF Ltd.	Specialty chemicals	0.43	851.4	0.21%	-0.06%	0.49% (Sep 2024)	0.01% (Feb 2025)	2.80 L	-0.39 L	Mid Cap	13.2
Info Edge (India) Ltd.	Internet & catalogue retail	0.21	846.9	0.21%	-0.02%	0.34% (Jan 2025)	0.01% (Sep 2024)	6.08 L	16.88 k	Other	15.51
Indus Towers Ltd.	Telecom - infrastructure	0.27	827.5	0.21%	-0.13%	0.92% (Jan 2025)	0.21% (Jul 2025)	22.80 L	-7.60 L	Large Cap	37.33
Max Healthcare Institute Ltd.	Hospital	0.53	827.5	0.21%	0.02%	0.34% (Apr 2025)	0% (Aug 2024)	6.64 L	1.03 L	Other	15.51
Federal Bank Ltd.	Private sector bank	15.49	822.9	0.21%	0.04%	0.43% (Jan 2025)	0% (Aug 2024)	40.65 L	10.90 L	Mid Cap	13.2
- Persistent Systems Ltd.	Computers - software & consulting	4.99	815.9	0.20%	0.00%	0.2% (Apr 2025)	0.02% (Dec 2024)	1.58 L	33.50 k	Other	15.51
Trent Limited	Speciality retail	0.22	807.9	0.20%	0.16%	0.89% (Jan 2025)	0.04% (Jun 2025)	1.61 L	1.35 L	Mid Cap	13.2
Jindal Steel & Power Ltd.	Iron & steel products	1.74	775.6	0.19%	0.03%	0.89% (Sep 2024)	0.1% (May 2025)	8.04 L	1.73 L	Mid Cap	13.2
Bandhan Bank Ltd.	Private sector bank	15.49	762.4	0.19%	-0.03%	0.5% (Sep 2024)	0.11% (Jan 2025)	45.36 L	86.40 k	Large Cap	37.33
Motherson Sumi Systems Ltd.	Auto components & equipments	0.95	760.1	0.19%	-0.08%	0.87% (Aug 2024)	0.18% (Sep 2024)	78.23 L	12.87 L	Large Cap	37.33
- Oil & Natural Gas Corporation Ltd.	Oil exploration & production	0.23	759.7	0.19%	0.00%	0.69% (Mar 2025)	0.19% (Jul 2025)	31.52 L	1.96 L	Large Cap	37.33
Indian Railway Catering and Tourism Corporation Ltd.	Tour, travel related services	0.18	730.6	0.18%	-0.05%	0.63% (Aug 2024)	0.18% (Jul 2025)	10.06 L	-0.80 L	Other	15.51
Phoenix Mills Ltd.	Residential, commercial projects	1.27	724	0.18%	0.10%	0.18% (Jul 2025)	0% (Aug 2024)	4.88 L	2.99 L	Small Cap	3.14
ABB India Ltd.	Heavy electrical equipment	0.63	697.7	0.18%	-0.15%	0.51% (Mar 2025)	0.13% (Aug 2024)	1.27 L	-0.76 L	Large Cap	37.33
# Oberoi Realty Ltd.	Residential, commercial projects	1.27	654.4	0.16%	0.16%	0.38% (Oct 2024)	0% (Aug 2024)	4.01 L	4.01 L	Mid Cap	13.2
Petronet LNG Ltd.	Lpg/cng/png/lng supplier	0.16	652.6	0.16%	0.01%	0.2% (Mar 2025)	0.07% (Nov 2024)	22.64 L	4.57 L	Large Cap	37.33
Exide Industries Ltd.	Auto components & equipments	0.95	648.9	0.16%	0.01%	0.62% (Sep 2024)	0.15% (Jun 2025)	16.88 L	2.39 L	Mid Cap	13.2
Varun Beverages Ltd.	Other beverages	0.16	638.5	0.16%	-0.34%	0.52% (Mar 2025)	0% (Aug 2024)	12.22 L	-0.29 Cr	Other	15.51
Alkem Laboratories Ltd.	Pharmaceuticals	3.42	638.3	0.16%	0.01%	0.42% (Aug 2024)	0% (Aug 2024)	1.27 L	11.00 k	Mid Cap	13.2
Laurus Labs Ltd.	Pharmaceuticals	3.42	610.9	0.15%	-0.02%	0.22% (Aug 2024)	0.01% (Oct 2024)	6.99 L	-1.90 L	Other	15.51
Bajaj Auto Ltd.	2/3 wheelers	0.71	608.4	0.15%	-0.18%	0.62% (Nov 2024)	0.1% (Sep 2024)	75.98 k	-0.71 L	Large Cap	37.33
Cipla Ltd.	Pharmaceuticals	3.42	598.7	0.15%	0.01%	0.53% (Dec 2024)	0.14% (Apr 2025)	3.85 L	26.25 k	Large Cap	37.33
Tata Chemicals Ltd.	Commodity chemicals	0.15	590.1	0.15%	-0.03%	0.18% (Jun 2025)	0.02% (Aug 2024)	6.01 L	-1.05 L	Mid Cap	13.2
InterGlobe Aviation Ltd.	Airline	0.14	542.6	0.14%	-0.25%	1.34% (Sep 2024)	0.1% (Jan 2025)	91.80 k	-1.52 L	Large Cap	37.33
ICICI Prudential Life Insurance Co Ltd.	Life insurance	0.66	541.3	0.14%	-0.05%	0.22% (Mar 2025)	0.01% (Aug 2024)	8.79 L	-2.18 L	Large Cap	37.33
National Aluminium Co. Ltd.	Aluminium	0.35	535.1	0.13%	0.03%	0.53% (Sep 2024)	0.04% (Jan 2025)	28.91 L	8.63 L	Small Cap	3.14
Dalmia Bharat Ltd.	Cement & cement products	1.21	522.4	0.13%	0.02%	0.22% (Dec 2024)	0% (Aug 2024)	2.34 L	38.35 k	Mid Cap	13.2
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	0.63	521.4	0.13%	0.01%	0.13% (Jul 2025)	0% (Aug 2024)	7.88 L	1.25 L	Small Cap	3.14
Granules India Ltd.	Pharmaceuticals	3.42	500.3	0.13%	-0.02%	0.16% (Oct 2024)	0.02% (Aug 2024)	10.54 L	-0.55 L	Small Cap	3.14
# Lodha Developers Ltd.	Residential, commercial projects	1.27	482.2	0.12%	0.00%	0.14% (Jan 2025)	0% (Aug 2024)	3.92 L	3.31 L	Other	15.51
Manappuram Finance Ltd.	Non banking financial company (nbfc)	1.86	479	0.12%	-0.01%	0.33% (Aug 2024)	0.12% (Mar 2025)	18.93 L	75.00 k	Mid Cap	13.2
NBCC (India) Ltd.	Civil construction	0.88	470.4	0.12%	-0.03%	0.15% (Jun 2025)	0% (Aug 2024)	43.49 L	-1.17 L	Mid Cap	13.2
Mazagon Dock Shipbuilders Ltd.	Ship building & allied services	0.11	453	0.11%	0.01%	0.11% (Jul 2025)	0% (Aug 2024)	1.63 L	41.83 k	Other	15.51
Biocon Ltd.	Pharmaceuticals	3.42	442.3	0.11%	0.06%	0.34% (Aug 2024)	0.04% (Apr 2025)	11.30 L	6.43 L	Mid Cap	13.2
Computer Age Management Services Pvt Ltd.	Depositories, clearing houses and other intermediaries	0.18	427.7	0.11%	-0.01%	0.12% (Jun 2025)	0% (Aug 2024)	1.14 L	13.35 k	Other	15.51
- Shree Cement Ltd.	Cement & cement products	1.21	422.1	0.11%	0.00%	0.2% (Sep 2024)	0% (Aug 2024)	13.70 k	0.00	Large Cap	37.33
Marico Ltd.	Personal care	0.78	421.6	0.11%	0.01%	0.32% (Nov 2024)	0% (Aug 2024)	5.94 L	72.00 k	Large Cap	37.33
Polycab India Limited	Cables - electricals	0.13	402.4	0.10%	-0.02%	0.34% (Aug 2024)	0.03% (Nov 2024)	59.00 k	-8.25 k	Other	15.51
Colgate - Palmolive (India) Limited	Personal care	0.78	394.1	0.10%	0.08%	0.2% (Nov 2024)	0% (Aug 2024)	1.76 L	1.50 L	Large Cap	37.33
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	3.42	368.6	0.09%	-0.08%	0.36% (Oct 2024)	0% (Aug 2024)	98.50 k	-0.85 L	Mid Cap	13.2
Tata Technologies Ltd.	Computers - software & consulting	4.99	363.5	0.09%	-0.11%	0.2% (Jun 2025)	0% (Aug 2024)	5.18 L	-5.16 L	Other	15.51
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	1.86	351.8	0.09%	0.05%	0.29% (Dec 2024)	0% (Aug 2024)	2.44 L	1.54 L	Other	15.51
Max Financial Services Ltd.	Life insurance	0.66	339.9	0.09%	0.08%	0.12% (Sep 2024)	0.01% (Dec 2024)	2.26 L	2.13 L	Mid Cap	13.2
Indian Energy Exchange Ltd.	Exchange and data platform	0.37	332.3	0.08%	-0.07%	0.18% (Aug 2024)	0% (Apr 2025)	24.56 L	-5.55 L	Small Cap	3.14
Container Corporation Of India Ltd.	Logistics solution provider	0.11	330.3	0.08%	-0.04%	0.62% (Sep 2024)	0.08% (Jul 2025)	5.71 L	-0.23 L	Large Cap	37.33
- Cummins India Ltd.	Compressors, pumps & diesel engines	0.08	305.8	0.08%	0.00%	0.18% (Sep 2024)	0.07% (Apr 2025)	86.00 k	-1.40 k	Mid Cap	13.2
- Ashok Leyland Ltd.	Commercial vehicles	0.08	302.6	0.08%	0.00%	0.14% (Oct 2024)	0% (Aug 2024)	25.00 L	13.15 L	Mid Cap	13.2
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	0.37	295.2	0.07%	-0.02%	0.34% (Aug 2024)	0.01% (Jan 2025)	38.38 k	0.00	Small Cap	3.14
Cyient Ltd.	It enabled services	0.07	285.4	0.07%	-0.02%	0.11% (May 2025)	0% (Aug 2024)	2.37 L	-0.14 L	Small Cap	3.14
- IRB Infrastructure Developers Ltd.	Civil construction	0.88	283.6	0.07%	0.00%	0.07% (Jun 2025)	0% (Aug 2024)	62.93 L	7.01 L	Other	15.51
Tube Investments Of India Ltd.	Auto components & equipments	0.95	279.5	0.07%	-0.01%	0.08% (May 2025)	0% (Aug 2024)	98.40 k	6.80 k	Small Cap	3.14
- SBI Life Insurance Co Ltd.	Life insurance	0.66	274	0.07%	0.00%	0.47% (Dec 2024)	0.03% (Aug 2024)	1.49 L	8.63 k	Large Cap	37.33
# Central Depository Services (India) Ltd.	Depositories, clearing houses and other intermediaries	0.18	273.6	0.07%	0.07%	0.2% (Dec 2024)	0% (Aug 2024)	1.85 L	1.85 L	Small Cap	3.14
NHPC Ltd.	Power generation	1.78	272.8	0.07%	0.01%	0.07% (May 2025)	0% (Aug 2024)	32.77 L	4.61 L	Mid Cap	13.2
Eicher Motors Ltd.	2/3 wheelers	0.71	272.7	0.07%	0.01%	0.2% (Dec 2024)	0% (Aug 2024)	49.88 k	8.23 k	Other	15.51
Eternal Ltd.	E-retail/ e-commerce	0.09	256	0.06%	-0.37%	0.43% (Jun 2025)	0% (Aug 2024)	8.32 L	-0.52 Cr	Other	15.51
HFCL Ltd.	Telecom - infrastructure	0.27	254	0.06%	-0.03%	0.09% (Jun 2025)	0% (Aug 2024)	33.60 L	-3.42 L	Small Cap	3.14
- Hindustan Zinc Ltd.	Zinc	0.06	245.7	0.06%	0.00%	0.06% (Jun 2025)	0% (Aug 2024)	5.79 L	45.33 k	Large Cap	37.33
Prestige Estates Projects Ltd.	Residential, commercial projects	1.27	241.5	0.06%	0.03%	0.17% (Jan 2025)	0% (Aug 2024)	1.49 L	81.90 k	Mid Cap	13.2
- Angel One Ltd.	Stockbroking & allied	0.06	237.3	0.06%	0.00%	0.06% (Jul 2025)	0% (Aug 2024)	91.25 k	9.75 k	Other	15.51
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	1.86	229.9	0.06%	-0.02%	0.13% (Sep 2024)	0.06% (Jul 2025)	88.00 k	-0.26 L	Mid Cap	13.2
Fortis Healthcare Ltd.	Hospital	0.53	227.9	0.06%	0.03%	0.06% (Jul 2025)	0% (Aug 2024)	2.66 L	1.19 L	Other	15.51
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	3.42	219.9	0.06%	-0.12%	0.23% (Sep 2024)	0% (Aug 2024)	1.73 L	-3.58 L	Other	15.51
Bank Of India	Public sector bank	4.33	219.5	0.06%	-0.06%	0.14% (Apr 2025)	0% (Aug 2024)	19.71 L	-0.19 Cr	Mid Cap	13.2
HDFC Life Insurance Company Ltd.	Life insurance	0.66	209.4	0.05%	0.01%	0.36% (Sep 2024)	0.03% (Apr 2025)	2.77 L	74.80 k	Large Cap	37.33
Bharat Forge Ltd.	Castings & forgings	0.05	209.3	0.05%	0.01%	0.07% (Aug 2024)	0% (Aug 2024)	1.79 L	71.00 k	Mid Cap	13.2
Pi Industries Ltd.	Pesticides & agrochemicals	0.07	207.6	0.05%	-0.02%	0.3% (Aug 2024)	0.05% (Feb 2025)	48.83 k	-0.19 L	Mid Cap	13.2
Oracle Financial Services Software Limited	Software products	0.05	199.6	0.05%	-0.01%	0.12% (Aug 2024)	0% (Aug 2024)	23.55 k	-0.68 k	Mid Cap	13.2
Dabur India Ltd.	Personal care	0.78	193.1	0.05%	-0.14%	0.21% (May 2025)	0.04% (Sep 2024)	3.65 L	-0.11 Cr	Large Cap	37.33
# Titagarh Rail Systems Ltd.	Railway wagons	0.05	181.5	0.05%	0.05%	0.05% (Jul 2025)	0% (Aug 2024)	2.11 L	2.11 L	Small Cap	3.14
Zydus Lifesciences Ltd.	Pharmaceuticals	3.42	167.6	0.04%	-0.01%	0.28% (Aug 2024)	0.04% (Jul 2025)	1.73 L	-0.18 L	Mid Cap	13.2
# L&T Finance Holdings Ltd.	Investment company	0.04	165.4	0.04%	0.04%	0.29% (Aug 2024)	0% (Aug 2024)	8.17 L	7.85 L	Mid Cap	13.2
Housing & Urban Development Corporation Ltd.	Financial institution	1.62	164.9	0.04%	-0.07%	0.11% (Jun 2025)	0% (Aug 2024)	7.77 L	-9.05 L	Small Cap	3.14
# SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	1.86	163.4	0.04%	0.04%	0.17% (Sep 2024)	0% (Aug 2024)	2.02 L	1.86 L	Other	15.51
Life Insurance Corporation Of India	Life insurance	0.66	160.4	0.04%	-0.15%	0.19% (Jun 2025)	0% (Aug 2024)	1.79 L	-5.55 L	Other	15.51
APL Apollo Tubes Ltd.	Iron & steel products	1.74	156.9	0.04%	-0.03%	0.15% (Apr 2025)	0% (Aug 2024)	98.00 k	-0.63 L	Other	15.51
Indian Bank	Public sector bank	4.33	154.8	0.04%	0.02%	0.1% (Jan 2025)	0% (Aug 2024)	2.49 L	1.29 L	Mid Cap	13.2
- Oil India Ltd.	Oil exploration & production	0.23	147.8	0.04%	0.00%	0.18% (Apr 2025)	0% (Aug 2024)	3.36 L	9.80 k	Mid Cap	13.2
Kaynes Technology India Private Ltd.	Industrial products	0.04	144.4	0.04%	0.01%	0.04% (Jul 2025)	0% (Aug 2024)	23.40 k	5.30 k	Other	15.51
Delhivery Ltd.	Logistics solution provider	0.11	120.9	0.03%	-0.01%	0.04% (Jun 2025)	0% (Aug 2024)	2.84 L	-1.54 L	Other	15.51
# Magma Fincorp Ltd.	Non banking financial company (nbfc)	1.86	120.6	0.03%	0.03%	0.03% (Jul 2025)	0% (Aug 2024)	2.86 L	2.84 L	Small Cap	3.14
- Bharat Dynamics Ltd.	Aerospace & defense	2.21	118.9	0.03%	0.00%	0.03% (Jul 2025)	0% (Aug 2024)	73.45 k	23.40 k	Other	15.51
KEI Industries Ltd.	Cables - electricals	0.13	109.7	0.03%	-0.02%	0.09% (Mar 2025)	0% (Aug 2024)	28.53 k	-0.23 L	Small Cap	3.14
# FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	0.09	106.1	0.03%	0.03%	0.09% (Feb 2025)	0% (Aug 2024)	5.06 L	5.06 L	Other	15.51
Havells India Ltd.	Consumer electronics	0.47	102.8	0.03%	-0.04%	0.54% (Dec 2024)	0.03% (Jul 2025)	68.50 k	-0.99 L	Large Cap	37.33
Ambuja Cements Ltd.	Cement & cement products	1.21	97.1	0.02%	-0.08%	0.42% (Oct 2024)	0.02% (Jul 2025)	1.64 L	-4.96 L	Large Cap	37.33
Jindal Stainless Ltd.	Iron & steel products	1.74	93.2	0.02%	0.01%	0.02% (Dec 2024)	0% (Aug 2024)	1.34 L	96.05 k	Small Cap	3.14
NCC Ltd.	Civil construction	0.88	86.4	0.02%	-0.01%	0.03% (Jun 2025)	0% (Aug 2024)	3.97 L	-1.57 L	Small Cap	3.14
# Piramal Pharma Ltd.	Pharmaceuticals	3.42	76.4	0.02%	0.02%	0.02% (Jul 2025)	0% (Aug 2024)	3.88 L	3.80 L	Other	15.51
- UNO Minda Ltd.	Auto components & equipments	0.95	72.7	0.02%	0.00%	0.02% (Jul 2025)	0% (Aug 2024)	69.85 k	16.50 k	Small Cap	3.14
- Aditya Birla Fashion and Retail Ltd.	Speciality retail	0.22	65.7	0.02%	0.00%	0.34% (Apr 2025)	0% (May 2025)	9.02 L	-1.51 L	Mid Cap	13.2
UPL Ltd.	Pesticides & agrochemicals	0.07	64.9	0.02%	-0.07%	0.6% (Sep 2024)	0.02% (Jul 2025)	92.14 k	-4.12 L	Large Cap	37.33
Torrent Power Ltd.	Integrated power utilities	0.27	60.4	0.02%	0.01%	0.09% (May 2025)	0% (Aug 2024)	46.13 k	21.75 k	Mid Cap	13.2
ICICI Lombard General Insurance Co Ltd.	General insurance	0.01	53.2	0.01%	-0.07%	0.08% (Jun 2025)	0.01% (Nov 2024)	27.63 k	-1.21 L	Large Cap	37.33
- Inox Wind Ltd.	Heavy electrical equipment	0.63	52.3	0.01%	0.00%	0.02% (Mar 2025)	0% (Aug 2024)	3.47 L	1.69 L	Small Cap	3.14
HDFC Asset Management Co. Ltd.	Asset management company	0.01	32.2	0.01%	-0.02%	0.79% (Nov 2024)	0.01% (Jul 2025)	5.70 k	-0.15 L	Large Cap	37.33
Cesc Ltd.	Integrated power utilities	0.27	32	0.01%	-0.04%	0.1% (Apr 2025)	0% (Aug 2024)	1.89 L	-9.53 L	Other	15.51
# Supreme Industries Ltd.	Plastic products - industrial	0.02	29.4	0.01%	0.01%	0.08% (Apr 2025)	0% (Aug 2024)	6.83 k	6.65 k	Mid Cap	13.2
# Astral Ltd.	Plastic products - industrial	0.02	23.8	0.01%	0.01%	0.08% (Mar 2025)	0% (Aug 2024)	17.00 k	17.00 k	Mid Cap	13.2
Indian Renewable Energy Development Agency Ltd.	Financial institution	1.62	17.3	0.00%	-0.03%	0.03% (Jun 2025)	0% (Aug 2024)	1.17 L	-5.59 L	Other	15.51
Adani Total Gas Ltd.	Lpg/cng/png/lng supplier	0.16	16.9	0.00%	-0.02%	0.1% (Apr 2025)	0% (Aug 2024)	28.00 k	-1.08 L	Mid Cap	13.2
- Siemens Ltd.	Heavy electrical equipment	0.63	15.9	0.00%	0.00%	0.46% (Nov 2024)	0% (Jul 2025)	5.25 k	1.88 k	Large Cap	37.33
- Indian Railway Finance Corporation Ltd.	Financial institution	1.62	15.8	0.00%	0.00%	0% (Jun 2025)	0% (Aug 2024)	1.23 L	4.25 k	Other	15.51
Blue Star Ltd.	Household appliances	0.31	13.6	0.00%	-0.01%	0.01% (Jun 2025)	0% (Aug 2024)	7.80 k	-5.20 k	Small Cap	3.14
Union Bank Of India	Public sector bank	4.33	9.9	0.00%	-0.02%	0.05% (Apr 2025)	0% (Aug 2024)	75.23 k	-4.12 L	Mid Cap	13.2
- SJVN Ltd.	Power generation	1.78	8.8	0.00%	0.00%	0% (Jun 2025)	0% (Aug 2024)	94.00 k	64.63 k	Small Cap	3.14
- 360 ONE WAM Ltd.	Other financial services	0	6.8	0.00%	0.00%	0% (Jul 2025)	0% (Aug 2024)	6.50 k	6.50 k	Other	15.51
- Inox Wind Ltd. - Rights	Heavy electrical equipment	0.63	0.7	0.00%	0.00%	0% (Jul 2025)	0% (Aug 2024)	21.91 k	21.91 k	Other	15.51
Mahanagar Gas Ltd.	Lpg/cng/png/lng supplier	0.16	74.2	0.00%	-0.02%	-	-	-	-	Small Cap	3.14
Tata Communications Ltd.	Telecom - cellular & fixed line services	1.71	678.7	0.00%	-0.18%	-	-	-	-	Mid Cap	13.2
Hero Motocorp Ltd.	2/3 wheelers	0.71	263.1	0.00%	-0.07%	-	-	-	-	Large Cap	37.33
Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	1.86	1510.2	0.00%	-0.40%	-	-	-	-	Mid Cap	13.2
Wipro Ltd.	Computers - software & consulting	4.99	16.8	0.00%	0.00%	-	-	-	-	Large Cap	37.33
LTIMindtree Ltd.	Computers - software & consulting	4.99	183.4	0.00%	-0.05%	-	-	-	-	Mid Cap	13.2
Balkrishna Industries Ltd.	Tyres & rubber products		63.8	0.00%	-0.02%	-	-	-	-	Mid Cap	13.2
Voltas Limited	Household appliances	0.31	314.9	0.00%	-0.08%	-	-	-	-	Mid Cap	13.2
Bond - Tata Capital Housing Finance Ltd.	Housing finance company	0.65	983.1	0.00%	-0.26%	-	-	-	-	Other	15.51
Mankind Pharma Ltd.	Pharmaceuticals	3.42	13.6	0.00%	0.00%	-	-	-	-	Other	15.51
Avenue Supermarts Ltd.	Diversified retail		479.4	0.00%	-0.13%	-	-	-	-	Large Cap	37.33
Associated Cement Companies Ltd.	Cement & cement products	1.21	588.4	0.00%	-0.16%	-	-	-	-	Mid Cap	13.2
Bond - ICICI Securities Ltd.	Stockbroking & allied	0.06	1492.5	0.00%	-0.40%	-	-	-	-	Other	15.51
Piramal Enterprises Ltd.	Other financial services	0	623	0.00%	-0.17%	-	-	-	-	Large Cap	37.33
Chambal Fertilizers & Chemicals Ltd.	Fertilizers		257.2	0.00%	-0.07%	-	-	-	-	Small Cap	3.14
Birlasoft Ltd.	Computers - software & consulting	4.99	366.3	0.00%	-0.10%	-	-	-	-	Small Cap	3.14
Aarti Industries Ltd.	Specialty chemicals	0.43	433.9	0.00%	-0.12%	-	-	-	-	Mid Cap	13.2
Hindustan Copper Ltd.	Copper		347.9	0.00%	-0.09%	-	-	-	-	Small Cap	3.14

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

New Stocks added in Portfolio (in 1 month period ending 31st Jul,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	106.1	0.03%	0.03%	0.09% (Feb 2025)	0% (Aug 2024)	5.06 L	506250
# Titagarh Rail Systems Ltd.	Railway wagons	181.5	0.05%	0.05%	0.05% (Jul 2025)	0% (Aug 2024)	2.11 L	210975
# Central Depository Services (India) Ltd.	Depositories, clearing houses and other intermediaries	273.6	0.07%	0.07%	0.2% (Dec 2024)	0% (Aug 2024)	1.85 L	184775
- Inox Wind Ltd. - Rights	Heavy electrical equipment	0.7	0.00%	0.00%	0% (Jul 2025)	0% (Aug 2024)	21.91 k	21913
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	988.4	0.25%	0.25%	0.25% (Jul 2025)	0% (Aug 2024)	21.99 L	2198700
# Bond - Small Industries Development Bank Of India	Financial institution	251.2	0.06%	0.06%	0% (Sep 2025)	0% (Sep 2025)	250.00	250
- 360 ONE WAM Ltd.	Other financial services	6.8	0.00%	0.00%	0% (Jul 2025)	0% (Aug 2024)	6.50 k	6500
# Bond - Mangalore Refinery & Petrochemicals Ltd.	Refineries & marketing	848.9	0.21%	0.21%	0% (Sep 2025)	0% (Sep 2025)	850.00	850
# Oberoi Realty Ltd.	Residential, commercial projects	654.4	0.16%	0.16%	0.38% (Oct 2024)	0% (Aug 2024)	4.01 L	401450
# Astral Ltd.	Plastic products - industrial	23.8	0.01%	0.01%	0.08% (Mar 2025)	0% (Aug 2024)	17.00 k	17000

Stocks removed from Portfolio (in 1 month period ending 31st Jul,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	1M Change in Qty
Mahanagar Gas Ltd.	Lpg/cng/png/lng supplier	74.2	0.00%	-0.02%	0.18% (Jan 2025)	0% (Aug 2024)	-50000
Tata Communications Ltd.	Telecom - cellular & fixed line services	678.7	0.00%	-0.18%	0.35% (Sep 2024)	0% (Aug 2024)	-401450
Hero Motocorp Ltd.	2/3 wheelers	263.1	0.00%	-0.07%	0.54% (Mar 2025)	0% (Aug 2024)	-62100
Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	1510.2	0.00%	-0.40%	0.4% (Jun 2025)	0% (Aug 2024)	-5594376
- Wipro Ltd.	Computers - software & consulting	16.8	0.00%	0.00%	0.34% (Jan 2025)	0% (Aug 2024)	-63000
LTIMindtree Ltd.	Computers - software & consulting	183.4	0.00%	-0.05%	0.8% (Nov 2024)	0% (Aug 2024)	-34500
Balkrishna Industries Ltd.	Tyres & rubber products	63.8	0.00%	-0.02%	0.02% (Dec 2024)	0% (Aug 2024)	-26100
Voltas Limited	Household appliances	314.9	0.00%	-0.08%	0.2% (Nov 2024)	0% (Aug 2024)	-239625
Bond - Tata Capital Housing Finance Ltd.	Housing finance company	983.1	0.00%	-0.26%	0% (Sep 2025)	0% (Sep 2025)	-2000
- Mankind Pharma Ltd.	Pharmaceuticals	13.6	0.00%	0.00%	0% (Jun 2025)	0% (Aug 2024)	-5850
Avenue Supermarts Ltd.	Diversified retail	479.4	0.00%	-0.13%	0.24% (Jan 2025)	0% (Aug 2024)	-109650
Associated Cement Companies Ltd.	Cement & cement products	588.4	0.00%	-0.16%	0.22% (Dec 2024)	0% (Aug 2024)	-306900
Bond - ICICI Securities Ltd.	Stockbroking & allied	1492.5	0.00%	-0.40%	0% (Sep 2025)	0% (Sep 2025)	-3000
Piramal Enterprises Ltd.	Other financial services	623	0.00%	-0.17%	0.17% (Jun 2025)	0% (Aug 2024)	-544500
Chambal Fertilizers & Chemicals Ltd.	Fertilizers	257.2	0.00%	-0.07%	0.16% (Aug 2024)	0% (Aug 2024)	-455050
Birlasoft Ltd.	Computers - software & consulting	366.3	0.00%	-0.10%	0.12% (Aug 2024)	0% (Aug 2024)	-845000
Aarti Industries Ltd.	Specialty chemicals	433.9	0.00%	-0.12%	0.12% (Jun 2025)	0% (Aug 2024)	-904975
Hindustan Copper Ltd.	Copper	347.9	0.00%	-0.09%	0.25% (Sep 2024)	0% (Aug 2024)	-1245500

Trend in stock holdings (Top 15 Holding)

Stock	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024	Sep 2024	Aug 2024	Jul 2024
HDFC Bank Ltd.	6.13%	6.66%	5.83%	4.39%	2.76%	2.04%	1.80%	1.28%	2.36%	3.50%	3.18%	4.36%	7.60%
Reliance Industries Ltd.	1.99%	1.45%	1.34%	1.92%	3.87%	3.82%	4.42%	6.49%	5.78%	5.41%	4.21%	3.36%	3.02%
Axis Bank Ltd.	3.00%	2.37%	2.80%	3.14%	3.21%	3.81%	4.03%	2.12%	1.76%	1.42%	0.73%	1.34%	0.73%
ICICI Bank Ltd.	3.53%	2.96%	2.12%	3.60%	2.79%	3.85%	2.50%	1.80%	2.12%	0.85%	0.52%	1.44%	0.90%
State Bank Of India	2.77%	3.11%	2.59%	2.44%	2.15%	2.26%	2.29%	2.21%	1.74%	1.13%	1.10%	0.94%	0.94%
Tata Motors Ltd.	0.86%	0.91%	1.15%	1.23%	1.68%	1.83%	2.05%	2.46%	2.38%	2.57%	3.75%	4.10%	0.37%
Tata Consultancy Services Ltd.	2.21%	1.75%	1.72%	1.87%	1.84%	1.61%	1.57%	1.19%	1.25%	2.87%	2.34%	0.72%	1.38%
ITC Limited	1.41%	1.66%	1.95%	1.43%	2.15%	1.65%	1.51%	0.68%	1.11%	0.99%	0.74%	1.24%	1.16%
Bharat Electronics Ltd.	0.95%	0.88%	1.15%	0.93%	1.01%	1.10%	1.19%	1.57%	1.63%	1.45%	1.47%	2.07%	1.93%
Hindustan Aeronautics Ltd.	1.23%	1.20%	1.23%	1.16%	1.11%	0.82%	0.93%	1.01%	1.20%	1.33%	1.52%	1.75%	1.96%
Vedanta Ltd.	0.95%	1.11%	0.78%	0.92%	1.30%	1.02%	1.30%	1.39%	1.48%	1.51%	1.52%	1.39%	1.43%
Adani Enterprises Ltd.	0.66%	0.72%	0.73%	0.80%	0.92%	0.77%	0.91%	1.18%	1.23%	1.68%	2.13%	2.13%	1.99%
Infosys Ltd.	0.39%	0.46%	0.79%	1.01%	0.83%	1.17%	0.55%	1.35%	1.78%	2.16%	2.63%	1.54%	0.55%
Indusind Bank Ltd.	0.71%	1.00%	1.13%	1.29%	0.27%	1.01%	0.95%	0.94%	1.14%	1.19%	1.95%	2.16%	1.42%
Bharti Airtel Ltd.	0.94%	1.12%	0.77%	0.59%	0.54%	1.06%	2.06%	2.30%	1.75%	1.11%	0.60%	0.63%	0.83%

No of Debt Holding 31 (Category Avg - 10.78) | Modified Duration 0.43 Years (Category Avg - 0.36)| Yield to Maturity 6.16% (Category Avg - 5.89%)

Portfolio Summary (as on 31st Jul,2025)

Security Type	% Weight	Category Average
GOI	0.00%	1.22%
CD	2.94%	2.31%
T-Bills	0.06%	1.80%
CP	5.04%	1.19%
NCD & Bonds	3.34%	2.90%

Category - Arbitrage Fund

Security Type	% Weight	Category Average
Government Backed	0.06%	3.02%
Low Risk	11.32%	6.38%
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 31st Jul,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Bharti Telecom Ltd.	CP	Telecom - equipment & accessories	P1+	CRISIL	8090.15	2.03%	16.40 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	7069.73	1.78%	15.00 k
Bond - Axis Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	3024.76	0.76%	30.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	3017.62	0.76%	30.00 k
Bond - Tata Capital Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	2361.13	0.59%	5.00 k
Bond - Mindspace Business Parks REIT	CP	Real estate investment trusts (reits)	A1+	ICRA	1960.91	0.49%	4.00 k
Bond - Rural Electrification Corporation Limited	CP	Financial institution	P1+	CRISIL	1898.88	0.48%	4.00 k
Bond - Cholamandalam Investment & Finance Co. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1893.58	0.48%	4.00 k
Bond - Bajaj Finance Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	1472.30	0.37%	3.00 k
Bond - State Bank Of India	NCD & Bonds	Public sector bank	AAA	CRISIL	1447.46	0.36%	1.45 k
Bond - Union Bank Of India	CD	Public sector bank	A1+	ICRA	1222.45	0.31%	2.50 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	978.31	0.25%	2.00 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	1008.14	0.25%	10.00 k
Bond - L&T Finance Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	963.06	0.24%	2.00 k
Bond - Tata Capital Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	962.93	0.24%	2.00 k
Bond - State Bank Of India	NCD & Bonds	Public sector bank	AAA	CRISIL	899.56	0.23%	900.00
Bond - Mangalore Refinery & Petrochemicals Ltd.	NCD & Bonds	Refineries & marketing	INDAAA	FITCH	848.92	0.21%	850.00
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	754.95	0.19%	7.50 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	753.69	0.19%	750.00
Bond - Indian Bank	CD	Public sector bank	P1+	CRISIL	735.10	0.18%	1.50 k
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	734.25	0.18%	1.50 k
Bond - IndiGrid Infrastructure Trust	NCD & Bonds	Power - transmission	LAAA	ICRA	500.08	0.13%	500.00
Bond - Tata Projects Ltd.	CP	Civil construction	P1+	CRISIL	488.88	0.12%	1.00 k
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	488.88	0.12%	1.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA+	ICRA	301.48	0.08%	3.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	251.37	0.06%	250.00
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	251.32	0.06%	250.00
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	251.23	0.06%	250.00
Bond - Indian Bank	CD	Public sector bank	P1+	CRISIL	241.12	0.06%	500.00
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	240.57	0.06%	500.00
Bond - T-Bill	T-Bills	Other			226.26	0.06%	23.00 L

Name	Type of Instrument	Weight (%)
MF Units	MF Units	8.18%
TREPS	TREPS	3.13%
MF Units	MF Units	2.78%
MF Units	MF Units	2.67%
MF Units	MF Units	1.81%
Net Receivables	Net Receivables	0.87%
Margin	Margin	0.00%