The Wealth Company Arbitrage Fund - Direct Plan - 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 :

Equity Holding : 64.39% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 64.39%

No of Stocks : 79 (Category Avg - 142.18) | Large Cap Investments : 22.23%| Mid Cap Investments : 21.79% | Small Cap Investments : 9.46% | Other : 10.92%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	79	111.68
Top 5 Stock Weight	9.3%	22.04%
Top 10 Stock Weight	17.2%	34.22%
Top 3 Sector Weight	18.87%	27.34%

Category - Arbitrage Fund

Particulars	This Scheme	Category
Average mcap (Cr)	32847.48	92200.06
Holdings in large cap stocks	22.23%	39.91%
Holdings in mid cap stocks	21.79%	16.24%
Holdings in small cap stocks	9.46%	4.17%

Category - Arbitrage Fund

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Aditya Birla Capital Ltd.	Life insurance	54.3	2.24%	2.24%	2.24% (Oct 2025)	0% (Nov 2024)	1.67 L	1.67 L
# ICICI Bank Ltd.	Private sector bank	45.2	1.87%	1.87%	1.87% (Oct 2025)	0% (Nov 2024)	33.60 k	33.60 k
# Indus Towers Ltd.	Telecom - infrastructure	43.9	1.81%	1.81%	1.81% (Oct 2025)	0% (Nov 2024)	1.21 L	1.21 L
# ITC Limited	Diversified fmcg	42.4	1.75%	1.75%	1.75% (Oct 2025)	0% (Nov 2024)	1.01 L	1.01 L
# Life Insurance Corporation Of India	Life insurance	39.5	1.63%	1.63%	1.63% (Oct 2025)	0% (Nov 2024)	44.10 k	44.10 k
# Tata Power Co. Ltd.	Integrated power utilities	39.3	1.63%	1.63%	1.63% (Oct 2025)	0% (Nov 2024)	97.15 k	97.15 k
# HFCL Ltd.	Telecom - infrastructure	38.9	1.61%	1.61%	1.61% (Oct 2025)	0% (Nov 2024)	5.29 L	5.29 L
# Phoenix Mills Ltd.	Residential, commercial projects	37.7	1.56%	1.56%	1.56% (Oct 2025)	0% (Nov 2024)	22.40 k	22.40 k
# Bharat Electronics Ltd.	Aerospace & defense	37.7	1.56%	1.56%	1.56% (Oct 2025)	0% (Nov 2024)	88.35 k	88.35 k
# BSE Ltd.	Exchange and data platform	37.2	1.54%	1.54%	1.54% (Oct 2025)	0% (Nov 2024)	15.00 k	15.00 k

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

View complete holding

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

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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
# Aditya Birla Capital Ltd.	Life insurance	5.6	54.3	2.24%	2.24%	2.24% (Oct 2025)	0% (Nov 2024)	1.67 L	1.67 L	Mid Cap	21.79
# ICICI Bank Ltd.	Private sector bank	8.13	45.2	1.87%	1.87%	1.87% (Oct 2025)	0% (Nov 2024)	33.60 k	33.60 k	Large Cap	22.23
# Indus Towers Ltd.	Telecom - infrastructure	3.42	43.9	1.81%	1.81%	1.81% (Oct 2025)	0% (Nov 2024)	1.21 L	1.21 L	Large Cap	22.23
# ITC Limited	Diversified fmcg	1.75	42.4	1.75%	1.75%	1.75% (Oct 2025)	0% (Nov 2024)	1.01 L	1.01 L	Large Cap	22.23
# Life Insurance Corporation Of India	Life insurance	5.6	39.5	1.63%	1.63%	1.63% (Oct 2025)	0% (Nov 2024)	44.10 k	44.10 k	Other	10.92
# Tata Power Co. Ltd.	Integrated power utilities	1.63	39.3	1.63%	1.63%	1.63% (Oct 2025)	0% (Nov 2024)	97.15 k	97.15 k	Mid Cap	21.79
# HFCL Ltd.	Telecom - infrastructure	3.42	38.9	1.61%	1.61%	1.61% (Oct 2025)	0% (Nov 2024)	5.29 L	5.29 L	Small Cap	9.46
# Phoenix Mills Ltd.	Residential, commercial projects	3.92	37.7	1.56%	1.56%	1.56% (Oct 2025)	0% (Nov 2024)	22.40 k	22.40 k	Small Cap	9.46
# Bharat Electronics Ltd.	Aerospace & defense	3.04	37.7	1.56%	1.56%	1.56% (Oct 2025)	0% (Nov 2024)	88.35 k	88.35 k	Mid Cap	21.79
# BSE Ltd.	Exchange and data platform	2.18	37.2	1.54%	1.54%	1.54% (Oct 2025)	0% (Nov 2024)	15.00 k	15.00 k	Small Cap	9.46
# Biocon Ltd.	Pharmaceuticals	5.14	36.3	1.50%	1.50%	1.5% (Oct 2025)	0% (Nov 2024)	97.50 k	97.50 k	Mid Cap	21.79
# UPL Ltd.	Pesticides & agrochemicals	1.49	36.1	1.49%	1.49%	1.49% (Oct 2025)	0% (Nov 2024)	50.14 k	50.14 k	Large Cap	22.23
# Hindustan Aeronautics Ltd.	Aerospace & defense	3.04	35.8	1.48%	1.48%	1.48% (Oct 2025)	0% (Nov 2024)	7.65 k	7.65 k	Other	10.92
# PNB Housing Finance Ltd.	Housing finance company	2.76	34.4	1.42%	1.42%	1.42% (Oct 2025)	0% (Nov 2024)	37.05 k	37.05 k	Mid Cap	21.79
# Sammaan Capital Ltd.	Housing finance company	2.76	32.4	1.34%	1.34%	1.34% (Oct 2025)	0% (Nov 2024)	1.72 L	1.72 L	Mid Cap	21.79
# Solar Industries India Ltd.	Explosives	1.33	32.3	1.33%	1.33%	1.33% (Oct 2025)	0% (Nov 2024)	2.33 k	2.33 k	Small Cap	9.46
# Hero Motocorp Ltd.	2/3 wheelers	1.61	31.6	1.31%	1.31%	1.31% (Oct 2025)	0% (Nov 2024)	5.70 k	5.70 k	Large Cap	22.23
# Indusind Bank Ltd.	Private sector bank	8.13	30.6	1.26%	1.26%	1.26% (Oct 2025)	0% (Nov 2024)	38.50 k	38.50 k	Large Cap	22.23
# DLF Ltd.	Residential, commercial projects	3.92	30.6	1.26%	1.26%	1.26% (Oct 2025)	0% (Nov 2024)	40.43 k	40.43 k	Large Cap	22.23
# NBCC (India) Ltd.	Civil construction	1.26	30.5	1.26%	1.26%	1.26% (Oct 2025)	0% (Nov 2024)	2.60 L	2.60 L	Mid Cap	21.79
# Axis Bank Ltd.	Private sector bank	8.13	30.1	1.24%	1.24%	1.24% (Oct 2025)	0% (Nov 2024)	24.38 k	24.38 k	Large Cap	22.23
# ICICI Prudential Life Insurance Co Ltd.	Life insurance	5.6	29.5	1.22%	1.22%	1.22% (Oct 2025)	0% (Nov 2024)	49.95 k	49.95 k	Large Cap	22.23
# Cipla Ltd.	Pharmaceuticals	5.14	29.3	1.21%	1.21%	1.21% (Oct 2025)	0% (Nov 2024)	19.50 k	19.50 k	Large Cap	22.23
# Delhivery Ltd.	Logistics solution provider	1.2	29	1.20%	1.20%	1.2% (Oct 2025)	0% (Nov 2024)	62.25 k	62.25 k	Other	10.92
# Yes Bank	Private sector bank	8.13	29	1.20%	1.20%	1.2% (Oct 2025)	0% (Nov 2024)	12.75 L	12.75 L	Other	10.92
# Tata Steel Ltd.	Iron & steel products	2.06	28.2	1.16%	1.16%	1.16% (Oct 2025)	0% (Nov 2024)	1.54 L	1.54 L	Other	10.92
# Motherson Sumi Systems Ltd.	Auto components & equipments	1.43	27.9	1.15%	1.15%	1.15% (Oct 2025)	0% (Nov 2024)	2.64 L	2.64 L	Large Cap	22.23
# Oracle Financial Services Software Limited	Software products	1.11	26.8	1.11%	1.11%	1.11% (Oct 2025)	0% (Nov 2024)	3.15 k	3.15 k	Mid Cap	21.79
# Trent Limited	Speciality retail	1.05	25.4	1.05%	1.05%	1.05% (Oct 2025)	0% (Nov 2024)	5.40 k	5.40 k	Mid Cap	21.79
# Adani Green Energy Ltd.	Power generation	1.05	25.3	1.05%	1.05%	1.05% (Oct 2025)	0% (Nov 2024)	22.20 k	22.20 k	Small Cap	9.46
# RBL Bank Ltd.	Private sector bank	8.13	22.8	0.94%	0.94%	0.94% (Oct 2025)	0% (Nov 2024)	69.85 k	69.85 k	Mid Cap	21.79
# Aurobindo Pharma Ltd.	Pharmaceuticals	5.14	21.9	0.91%	0.91%	0.91% (Oct 2025)	0% (Nov 2024)	19.25 k	19.25 k	Large Cap	22.23
# Bank Of India	Public sector bank	1.91	21.8	0.90%	0.90%	0.9% (Oct 2025)	0% (Nov 2024)	1.56 L	1.56 L	Mid Cap	21.79
# HDFC Bank Ltd.	Private sector bank	8.13	21.7	0.90%	0.90%	0.9% (Oct 2025)	0% (Nov 2024)	22.00 k	22.00 k	Other	10.92
# Steel Authority Of India Ltd.	Iron & steel products	2.06	19.3	0.80%	0.80%	0.8% (Oct 2025)	0% (Nov 2024)	1.41 L	1.41 L	Mid Cap	21.79
# Mphasis Ltd.	Computers - software & consulting	1.65	19	0.79%	0.79%	0.79% (Oct 2025)	0% (Nov 2024)	6.88 k	6.88 k	Mid Cap	21.79
# Rural Electrification Corporation Limited	Financial institution	1.81	18.2	0.75%	0.75%	0.75% (Oct 2025)	0% (Nov 2024)	48.45 k	48.45 k	Mid Cap	21.79
# Indian Hotels Company Limited	Hotels & resorts	0.74	17.8	0.74%	0.74%	0.74% (Oct 2025)	0% (Nov 2024)	24.00 k	24.00 k	Mid Cap	21.79
# Bandhan Bank Ltd.	Private sector bank	8.13	17.5	0.72%	0.72%	0.72% (Oct 2025)	0% (Nov 2024)	1.12 L	1.12 L	Large Cap	22.23
# Varun Beverages Ltd.	Other beverages	0.72	17.3	0.72%	0.72%	0.72% (Oct 2025)	0% (Nov 2024)	36.90 k	36.90 k	Other	10.92
# Tata Consultancy Services Ltd.	Computers - software & consulting	1.65	17.1	0.71%	0.71%	0.71% (Oct 2025)	0% (Nov 2024)	5.60 k	5.60 k	Large Cap	22.23
# Housing & Urban Development Corporation Ltd.	Financial institution	1.81	17.1	0.71%	0.71%	0.71% (Oct 2025)	0% (Nov 2024)	72.15 k	72.15 k	Small Cap	9.46
# Godrej Properties Ltd.	Residential, commercial projects	3.92	17	0.70%	0.70%	0.7% (Oct 2025)	0% (Nov 2024)	7.43 k	7.43 k	Mid Cap	21.79
# Grasim Industries Limited	Cement & cement products	0.63	15.2	0.63%	0.63%	0.63% (Oct 2025)	0% (Nov 2024)	5.25 k	5.25 k	Large Cap	22.23
# Petronet LNG Ltd.	Lpg/cng/png/lng supplier	0.59	14.2	0.59%	0.59%	0.59% (Oct 2025)	0% (Nov 2024)	50.40 k	50.40 k	Large Cap	22.23
# Canara Bank	Public sector bank	1.91	13.9	0.57%	0.57%	0.57% (Oct 2025)	0% (Nov 2024)	1.01 L	1.01 L	Other	10.92
# Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	5.14	13.5	0.56%	0.56%	0.56% (Oct 2025)	0% (Nov 2024)	7.13 k	7.13 k	Mid Cap	21.79
# Max Financial Services Ltd.	Life insurance	5.6	12.4	0.51%	0.51%	0.51% (Oct 2025)	0% (Nov 2024)	8.00 k	8.00 k	Mid Cap	21.79
# Zydus Lifesciences Ltd.	Pharmaceuticals	5.14	12.3	0.51%	0.51%	0.51% (Oct 2025)	0% (Nov 2024)	12.60 k	12.60 k	Mid Cap	21.79
# Indian Energy Exchange Ltd.	Exchange and data platform	2.18	12	0.50%	0.50%	0.5% (Oct 2025)	0% (Nov 2024)	86.25 k	86.25 k	Small Cap	9.46
# PB Fintech Ltd.	Financial technology (fintech)	0.49	11.9	0.49%	0.49%	0.49% (Oct 2025)	0% (Nov 2024)	6.65 k	6.65 k	Other	10.92
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	0.59	11.9	0.49%	0.49%	0.49% (Oct 2025)	0% (Nov 2024)	3.40 k	3.40 k	Large Cap	22.23
# Adani Ports And Special Economic Zone Ltd.	Port & port services	0.48	11.7	0.48%	0.48%	0.48% (Oct 2025)	0% (Nov 2024)	8.08 k	8.08 k	Large Cap	22.23
# Titagarh Rail Systems Ltd.	Railway wagons	0.48	11.5	0.48%	0.48%	0.48% (Oct 2025)	0% (Nov 2024)	13.05 k	13.05 k	Small Cap	9.46
# Bank Of Baroda	Public sector bank	1.91	10.6	0.44%	0.44%	0.44% (Oct 2025)	0% (Nov 2024)	38.03 k	38.03 k	Large Cap	22.23
# Havells India Ltd.	Consumer electronics	0.59	10.5	0.43%	0.43%	0.43% (Oct 2025)	0% (Nov 2024)	7.00 k	7.00 k	Large Cap	22.23
# Suzlon Energy Ltd.	Heavy electrical equipment	0.43	10.4	0.43%	0.43%	0.43% (Oct 2025)	0% (Nov 2024)	1.76 L	1.76 L	Small Cap	9.46
# Titan Company Ltd.	Gems, jewellery and watches	0.58	9.8	0.41%	0.41%	0.41% (Oct 2025)	0% (Nov 2024)	2.63 k	2.63 k	Large Cap	22.23
# Lodha Developers Ltd.	Residential, commercial projects	3.92	9.7	0.40%	0.40%	0.4% (Oct 2025)	0% (Nov 2024)	8.10 k	8.10 k	Other	10.92
# Jio Financial Services Ltd.	Non banking financial company (nbfc)	0.64	9.4	0.39%	0.39%	0.39% (Oct 2025)	0% (Nov 2024)	30.55 k	30.55 k	Other	10.92
# Lupin Ltd.	Pharmaceuticals	5.14	9.2	0.38%	0.38%	0.38% (Oct 2025)	0% (Nov 2024)	4.68 k	4.68 k	Large Cap	22.23
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.36	8.7	0.36%	0.36%	0.36% (Oct 2025)	0% (Nov 2024)	30.60 k	30.60 k	Mid Cap	21.79
# Power Finance Corporation Ltd.	Financial institution	1.81	8.4	0.35%	0.35%	0.35% (Oct 2025)	0% (Nov 2024)	20.80 k	20.80 k	Mid Cap	21.79
# TVS Motor Company Ltd.	2/3 wheelers	1.61	7.4	0.30%	0.30%	0.3% (Oct 2025)	0% (Nov 2024)	2.10 k	2.10 k	Mid Cap	21.79
# Exide Industries Ltd.	Auto components & equipments	1.43	6.9	0.28%	0.28%	0.28% (Oct 2025)	0% (Nov 2024)	18.00 k	18.00 k	Mid Cap	21.79
# Vedanta Ltd.	Diversified metals	0.28	6.8	0.28%	0.28%	0.28% (Oct 2025)	0% (Nov 2024)	13.80 k	13.80 k	Large Cap	22.23
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	0.58	4.2	0.17%	0.17%	0.17% (Oct 2025)	0% (Nov 2024)	8.23 k	8.23 k	Other	10.92
# Dixon Technologies (India) Ltd.	Consumer electronics	0.59	3.9	0.16%	0.16%	0.16% (Oct 2025)	0% (Nov 2024)	250.00	250.00	Other	10.92
# Persistent Systems Ltd.	Computers - software & consulting	1.65	3.6	0.15%	0.15%	0.15% (Oct 2025)	0% (Nov 2024)	600.00	600.00	Other	10.92
# Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	0.64	3.5	0.14%	0.14%	0.14% (Oct 2025)	0% (Nov 2024)	1.10 k	1.10 k	Mid Cap	21.79
# Multi Commodity Exchange Of India Ltd.	Exchange and data platform	2.18	3.5	0.14%	0.14%	0.14% (Oct 2025)	0% (Nov 2024)	375.00	375.00	Small Cap	9.46
# Nestle India Ltd.	Packaged foods	0.13	3.2	0.13%	0.13%	0.13% (Oct 2025)	0% (Nov 2024)	2.50 k	2.50 k	Other	10.92
# IIFL Finance Ltd.	Non banking financial company (nbfc)	0.64	2.7	0.11%	0.11%	0.11% (Oct 2025)	0% (Nov 2024)	4.95 k	4.95 k	Small Cap	9.46
# APL Apollo Tubes Ltd.	Iron & steel products	2.06	2.5	0.10%	0.10%	0.1% (Oct 2025)	0% (Nov 2024)	1.40 k	1.40 k	Other	10.92
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	0.59	2.4	0.10%	0.10%	0.1% (Oct 2025)	0% (Nov 2024)	150.00	150.00	Large Cap	22.23
# Max Healthcare Institute Ltd.	Hospital	0.07	1.8	0.07%	0.07%	0.07% (Oct 2025)	0% (Nov 2024)	1.58 k	1.58 k	Other	10.92
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	5.14	1.8	0.07%	0.07%	0.07% (Oct 2025)	0% (Nov 2024)	1.05 k	1.05 k	Large Cap	22.23
# L&T Finance Holdings Ltd.	Investment company	0.05	1.2	0.05%	0.05%	0.05% (Oct 2025)	0% (Nov 2024)	4.46 k	4.46 k	Mid Cap	21.79
# Godrej Consumer Products Ltd	Personal care	0.02	0.6	0.02%	0.02%	0.02% (Oct 2025)	0% (Nov 2024)	500.00	500.00	Large Cap	22.23

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

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

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# ITC Limited	Diversified fmcg	42.4	1.75%	1.75%	1.75% (Oct 2025)	0% (Nov 2024)	1.01 L	100800
# ICICI Bank Ltd.	Private sector bank	45.2	1.87%	1.87%	1.87% (Oct 2025)	0% (Nov 2024)	33.60 k	33600
# Lodha Developers Ltd.	Residential, commercial projects	9.7	0.40%	0.40%	0.4% (Oct 2025)	0% (Nov 2024)	8.10 k	8100
# Aditya Birla Capital Ltd.	Life insurance	54.3	2.24%	2.24%	2.24% (Oct 2025)	0% (Nov 2024)	1.67 L	167400
# Suzlon Energy Ltd.	Heavy electrical equipment	10.4	0.43%	0.43%	0.43% (Oct 2025)	0% (Nov 2024)	1.76 L	176000
# Power Finance Corporation Ltd.	Financial institution	8.4	0.35%	0.35%	0.35% (Oct 2025)	0% (Nov 2024)	20.80 k	20800
# Yes Bank	Private sector bank	29	1.20%	1.20%	1.2% (Oct 2025)	0% (Nov 2024)	12.75 L	1275100
# Sammaan Capital Ltd.	Housing finance company	32.4	1.34%	1.34%	1.34% (Oct 2025)	0% (Nov 2024)	1.72 L	172000
# Zydus Lifesciences Ltd.	Pharmaceuticals	12.3	0.51%	0.51%	0.51% (Oct 2025)	0% (Nov 2024)	12.60 k	12600
# Solar Industries India Ltd.	Explosives	32.3	1.33%	1.33%	1.33% (Oct 2025)	0% (Nov 2024)	2.33 k	2325
# Petronet LNG Ltd.	Lpg/cng/png/lng supplier	14.2	0.59%	0.59%	0.59% (Oct 2025)	0% (Nov 2024)	50.40 k	50400
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	2.4	0.10%	0.10%	0.1% (Oct 2025)	0% (Nov 2024)	150.00	150
# UPL Ltd.	Pesticides & agrochemicals	36.1	1.49%	1.49%	1.49% (Oct 2025)	0% (Nov 2024)	50.14 k	50135
# Varun Beverages Ltd.	Other beverages	17.3	0.72%	0.72%	0.72% (Oct 2025)	0% (Nov 2024)	36.90 k	36900
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	11.9	0.49%	0.49%	0.49% (Oct 2025)	0% (Nov 2024)	3.40 k	3400
# Bank Of Baroda	Public sector bank	10.6	0.44%	0.44%	0.44% (Oct 2025)	0% (Nov 2024)	38.03 k	38025
# NBCC (India) Ltd.	Civil construction	30.5	1.26%	1.26%	1.26% (Oct 2025)	0% (Nov 2024)	2.60 L	260000
# Bandhan Bank Ltd.	Private sector bank	17.5	0.72%	0.72%	0.72% (Oct 2025)	0% (Nov 2024)	1.12 L	111600
# Trent Limited	Speciality retail	25.4	1.05%	1.05%	1.05% (Oct 2025)	0% (Nov 2024)	5.40 k	5400
# Motherson Sumi Systems Ltd.	Auto components & equipments	27.9	1.15%	1.15%	1.15% (Oct 2025)	0% (Nov 2024)	2.64 L	264450
# Biocon Ltd.	Pharmaceuticals	36.3	1.50%	1.50%	1.5% (Oct 2025)	0% (Nov 2024)	97.50 k	97500
# Tata Steel Ltd.	Iron & steel products	28.2	1.16%	1.16%	1.16% (Oct 2025)	0% (Nov 2024)	1.54 L	154000
# Axis Bank Ltd.	Private sector bank	30.1	1.24%	1.24%	1.24% (Oct 2025)	0% (Nov 2024)	24.38 k	24375
# TVS Motor Company Ltd.	2/3 wheelers	7.4	0.30%	0.30%	0.3% (Oct 2025)	0% (Nov 2024)	2.10 k	2100
# Titan Company Ltd.	Gems, jewellery and watches	9.8	0.41%	0.41%	0.41% (Oct 2025)	0% (Nov 2024)	2.63 k	2625
# Tata Power Co. Ltd.	Integrated power utilities	39.3	1.63%	1.63%	1.63% (Oct 2025)	0% (Nov 2024)	97.15 k	97150
# Housing & Urban Development Corporation Ltd.	Financial institution	17.1	0.71%	0.71%	0.71% (Oct 2025)	0% (Nov 2024)	72.15 k	72150
# Godrej Properties Ltd.	Residential, commercial projects	17	0.70%	0.70%	0.7% (Oct 2025)	0% (Nov 2024)	7.43 k	7425
# ICICI Prudential Life Insurance Co Ltd.	Life insurance	29.5	1.22%	1.22%	1.22% (Oct 2025)	0% (Nov 2024)	49.95 k	49950
# Multi Commodity Exchange Of India Ltd.	Exchange and data platform	3.5	0.14%	0.14%	0.14% (Oct 2025)	0% (Nov 2024)	375.00	375
# L&T Finance Holdings Ltd.	Investment company	1.2	0.05%	0.05%	0.05% (Oct 2025)	0% (Nov 2024)	4.46 k	4462
# Godrej Consumer Products Ltd	Personal care	0.6	0.02%	0.02%	0.02% (Oct 2025)	0% (Nov 2024)	500.00	500
# Exide Industries Ltd.	Auto components & equipments	6.9	0.28%	0.28%	0.28% (Oct 2025)	0% (Nov 2024)	18.00 k	18000
# Tata Consultancy Services Ltd.	Computers - software & consulting	17.1	0.71%	0.71%	0.71% (Oct 2025)	0% (Nov 2024)	5.60 k	5600
# Phoenix Mills Ltd.	Residential, commercial projects	37.7	1.56%	1.56%	1.56% (Oct 2025)	0% (Nov 2024)	22.40 k	22400
# HDFC Bank Ltd.	Private sector bank	21.7	0.90%	0.90%	0.9% (Oct 2025)	0% (Nov 2024)	22.00 k	22000
# Max Financial Services Ltd.	Life insurance	12.4	0.51%	0.51%	0.51% (Oct 2025)	0% (Nov 2024)	8.00 k	8000
# HFCL Ltd.	Telecom - infrastructure	38.9	1.61%	1.61%	1.61% (Oct 2025)	0% (Nov 2024)	5.29 L	528900
# APL Apollo Tubes Ltd.	Iron & steel products	2.5	0.10%	0.10%	0.1% (Oct 2025)	0% (Nov 2024)	1.40 k	1400
# Cipla Ltd.	Pharmaceuticals	29.3	1.21%	1.21%	1.21% (Oct 2025)	0% (Nov 2024)	19.50 k	19500
# Indus Towers Ltd.	Telecom - infrastructure	43.9	1.81%	1.81%	1.81% (Oct 2025)	0% (Nov 2024)	1.21 L	120700
# Bond - Export Import Bank Of India	Financial institution	51.1	2.11%	2.11%	0% (Dec 2025)	0% (Dec 2025)	5.00 L	500000
# Adani Ports And Special Economic Zone Ltd.	Port & port services	11.7	0.48%	0.48%	0.48% (Oct 2025)	0% (Nov 2024)	8.08 k	8075
# Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	13.5	0.56%	0.56%	0.56% (Oct 2025)	0% (Nov 2024)	7.13 k	7125
# Dixon Technologies (India) Ltd.	Consumer electronics	3.9	0.16%	0.16%	0.16% (Oct 2025)	0% (Nov 2024)	250.00	250
# Bharat Electronics Ltd.	Aerospace & defense	37.7	1.56%	1.56%	1.56% (Oct 2025)	0% (Nov 2024)	88.35 k	88350
# Hero Motocorp Ltd.	2/3 wheelers	31.6	1.31%	1.31%	1.31% (Oct 2025)	0% (Nov 2024)	5.70 k	5700
# Indian Hotels Company Limited	Hotels & resorts	17.8	0.74%	0.74%	0.74% (Oct 2025)	0% (Nov 2024)	24.00 k	24000
# Steel Authority Of India Ltd.	Iron & steel products	19.3	0.80%	0.80%	0.8% (Oct 2025)	0% (Nov 2024)	1.41 L	141000
# Titagarh Rail Systems Ltd.	Railway wagons	11.5	0.48%	0.48%	0.48% (Oct 2025)	0% (Nov 2024)	13.05 k	13050
# Lupin Ltd.	Pharmaceuticals	9.2	0.38%	0.38%	0.38% (Oct 2025)	0% (Nov 2024)	4.68 k	4675
# TREPS	Other	126.7	5.24%	5.24%	0% (Dec 2025)	0% (Dec 2025)	0.00	0
# Indian Energy Exchange Ltd.	Exchange and data platform	12	0.50%	0.50%	0.5% (Oct 2025)	0% (Nov 2024)	86.25 k	86250
# PB Fintech Ltd.	Financial technology (fintech)	11.9	0.49%	0.49%	0.49% (Oct 2025)	0% (Nov 2024)	6.65 k	6650
# Max Healthcare Institute Ltd.	Hospital	1.8	0.07%	0.07%	0.07% (Oct 2025)	0% (Nov 2024)	1.58 k	1575
# PNB Housing Finance Ltd.	Housing finance company	34.4	1.42%	1.42%	1.42% (Oct 2025)	0% (Nov 2024)	37.05 k	37050
# Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	3.5	0.14%	0.14%	0.14% (Oct 2025)	0% (Nov 2024)	1.10 k	1100
# Bond - T-Bill	Other	30	1.24%	1.24%	0% (Dec 2025)	0% (Dec 2025)	3.00 L	300000
# Delhivery Ltd.	Logistics solution provider	29	1.20%	1.20%	1.2% (Oct 2025)	0% (Nov 2024)	62.25 k	62250
# Nestle India Ltd.	Packaged foods	3.2	0.13%	0.13%	0.13% (Oct 2025)	0% (Nov 2024)	2.50 k	2500
# Mphasis Ltd.	Computers - software & consulting	19	0.79%	0.79%	0.79% (Oct 2025)	0% (Nov 2024)	6.88 k	6875
# Hindustan Aeronautics Ltd.	Aerospace & defense	35.8	1.48%	1.48%	1.48% (Oct 2025)	0% (Nov 2024)	7.65 k	7650
# DLF Ltd.	Residential, commercial projects	30.6	1.26%	1.26%	1.26% (Oct 2025)	0% (Nov 2024)	40.43 k	40425
# Life Insurance Corporation Of India	Life insurance	39.5	1.63%	1.63%	1.63% (Oct 2025)	0% (Nov 2024)	44.10 k	44100
# Indusind Bank Ltd.	Private sector bank	30.6	1.26%	1.26%	1.26% (Oct 2025)	0% (Nov 2024)	38.50 k	38500
# Oracle Financial Services Software Limited	Software products	26.8	1.11%	1.11%	1.11% (Oct 2025)	0% (Nov 2024)	3.15 k	3150
# Bank Of India	Public sector bank	21.8	0.90%	0.90%	0.9% (Oct 2025)	0% (Nov 2024)	1.56 L	156000
# Vedanta Ltd.	Diversified metals	6.8	0.28%	0.28%	0.28% (Oct 2025)	0% (Nov 2024)	13.80 k	13800
# Havells India Ltd.	Consumer electronics	10.5	0.43%	0.43%	0.43% (Oct 2025)	0% (Nov 2024)	7.00 k	7000
# Persistent Systems Ltd.	Computers - software & consulting	3.6	0.15%	0.15%	0.15% (Oct 2025)	0% (Nov 2024)	600.00	600
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	1.8	0.07%	0.07%	0.07% (Oct 2025)	0% (Nov 2024)	1.05 k	1050
# Bond - LIC Housing Finance Ltd.	Housing finance company	98.7	4.08%	4.08%	0% (Dec 2025)	0% (Dec 2025)	10.00 L	1000000
# RBL Bank Ltd.	Private sector bank	22.8	0.94%	0.94%	0.94% (Oct 2025)	0% (Nov 2024)	69.85 k	69850
# BSE Ltd.	Exchange and data platform	37.2	1.54%	1.54%	1.54% (Oct 2025)	0% (Nov 2024)	15.00 k	15000
# Adani Green Energy Ltd.	Power generation	25.3	1.05%	1.05%	1.05% (Oct 2025)	0% (Nov 2024)	22.20 k	22200
# Grasim Industries Limited	Cement & cement products	15.2	0.63%	0.63%	0.63% (Oct 2025)	0% (Nov 2024)	5.25 k	5250
# Canara Bank	Public sector bank	13.9	0.57%	0.57%	0.57% (Oct 2025)	0% (Nov 2024)	1.01 L	101250
# Rural Electrification Corporation Limited	Financial institution	18.2	0.75%	0.75%	0.75% (Oct 2025)	0% (Nov 2024)	48.45 k	48450
# Jio Financial Services Ltd.	Non banking financial company (nbfc)	9.4	0.39%	0.39%	0.39% (Oct 2025)	0% (Nov 2024)	30.55 k	30550
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	8.7	0.36%	0.36%	0.36% (Oct 2025)	0% (Nov 2024)	30.60 k	30600
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	4.2	0.17%	0.17%	0.17% (Oct 2025)	0% (Nov 2024)	8.23 k	8225
# IIFL Finance Ltd.	Non banking financial company (nbfc)	2.7	0.11%	0.11%	0.11% (Oct 2025)	0% (Nov 2024)	4.95 k	4950
# Aurobindo Pharma Ltd.	Pharmaceuticals	21.9	0.91%	0.91%	0.91% (Oct 2025)	0% (Nov 2024)	19.25 k	19250

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

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
Aditya Birla Capital Ltd.	2.24%	-	-	-	-	-	-	-	-	-	-	-	-
ICICI Bank Ltd.	1.87%	-	-	-	-	-	-	-	-	-	-	-	-
Indus Towers Ltd.	1.81%	-	-	-	-	-	-	-	-	-	-	-	-
ITC Limited	1.75%	-	-	-	-	-	-	-	-	-	-	-	-
Life Insurance Corporation Of India	1.63%	-	-	-	-	-	-	-	-	-	-	-	-
Tata Power Co. Ltd.	1.63%	-	-	-	-	-	-	-	-	-	-	-	-
HFCL Ltd.	1.61%	-	-	-	-	-	-	-	-	-	-	-	-
Phoenix Mills Ltd.	1.56%	-	-	-	-	-	-	-	-	-	-	-	-
Bharat Electronics Ltd.	1.56%	-	-	-	-	-	-	-	-	-	-	-	-
BSE Ltd.	1.54%	-	-	-	-	-	-	-	-	-	-	-	-
Biocon Ltd.	1.50%	-	-	-	-	-	-	-	-	-	-	-	-
UPL Ltd.	1.49%	-	-	-	-	-	-	-	-	-	-	-	-
Hindustan Aeronautics Ltd.	1.48%	-	-	-	-	-	-	-	-	-	-	-	-
PNB Housing Finance Ltd.	1.42%	-	-	-	-	-	-	-	-	-	-	-	-
Sammaan Capital Ltd.	1.34%	-	-	-	-	-	-	-	-	-	-	-	-

No of Debt Holding 7 (Category Avg - 8.76) | Modified Duration 0.00 Years (Category Avg - 0.34)| Yield to Maturity - -- (Category Avg - 6.02%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	0.00%	0.97%
CD	0.00%	1.57%
T-Bills	18.10%	1.83%
CP	4.08%	0.89%
NCD & Bonds	2.11%	2.20%
PTC	0.00%	0.02%

Category - Arbitrage Fund

Security Type	% Weight	Category Average
Government Backed	18.10%	2.79%
Low Risk	6.19%	4.67%
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 Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - T-Bill	T-Bills	Other			145.98	6.03%	15.00 L
Bond - T-Bill	T-Bills	Other			98.90	4.09%	10.00 L
Bond - LIC Housing Finance Ltd.	CP	Housing finance company	P1+	CRISIL	98.67	4.08%	10.00 L
Bond - T-Bill	T-Bills	Other			97.86	4.04%	10.00 L
Bond - T-Bill	T-Bills	Other			65.39	2.70%	6.61 L
Bond - Export Import Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	51.05	2.11%	5.00 L
Bond - T-Bill	T-Bills	Other			29.95	1.24%	3.00 L