TRUSTMF Arbitrage Fund - Direct Plan - Growth Portfolio

Equity Holding : 72.30% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 72.30%

No of Stocks : 36 (Category Avg - 144.70) | Large Cap Investments : 28.55%| Mid Cap Investments : 17.78% | Small Cap Investments : 7.69% | Other : 18.28%

Portfolio Summary (as on 30th Sep,2025)

Particulars	This Scheme	Category
No. of Stocks	36	113
Top 5 Stock Weight	25.72%	22.65%
Top 10 Stock Weight	42.68%	34.93%
Top 3 Sector Weight	30.15%	27.74%

Category - Arbitrage Fund

Particulars	This Scheme	Category
Average mcap (Cr)	102181.38	94729.08
Holdings in large cap stocks	28.55%	40.04%
Holdings in mid cap stocks	17.78%	15.49%
Holdings in small cap stocks	7.69%	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
# Reliance Industries Ltd.	Refineries & marketing	38.2	7.10%	7.10%	7.1% (Sep 2025)	0% (Oct 2024)	28.00 k	28.00 k
# HDFC Bank Ltd.	Private sector bank	30.3	5.64%	5.64%	5.64% (Sep 2025)	0% (Oct 2024)	31.90 k	31.90 k
# State Bank Of India	Public sector bank	26.8	4.99%	4.99%	4.99% (Sep 2025)	0% (Oct 2024)	30.75 k	30.75 k
# Eternal Ltd.	E-retail/ e-commerce	22.1	4.11%	4.11%	4.11% (Sep 2025)	0% (Oct 2024)	67.90 k	67.90 k
# National Aluminium Co. Ltd.	Aluminium	20.9	3.88%	3.88%	3.88% (Sep 2025)	0% (Oct 2024)	97.50 k	97.50 k
# Kotak Mahindra Bank Ltd.	Private sector bank	19.9	3.70%	3.70%	3.7% (Sep 2025)	0% (Oct 2024)	10.00 k	10.00 k
# NMDC LTD	Industrial minerals	19.6	3.64%	3.64%	3.64% (Sep 2025)	0% (Oct 2024)	2.57 L	2.57 L
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	18.7	3.47%	3.47%	3.47% (Sep 2025)	0% (Oct 2024)	41.13 k	41.13 k
# Axis Bank Ltd.	Private sector bank	18.4	3.42%	3.42%	3.42% (Sep 2025)	0% (Oct 2024)	16.25 k	16.25 k
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	14.7	2.73%	2.73%	2.73% (Sep 2025)	0% (Oct 2024)	50.40 k	50.40 k

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

View complete holding

Complete equity Portfolio (as on 30th Sep,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
# Reliance Industries Ltd.	Refineries & marketing	7.1	38.2	7.10%	7.10%	7.1% (Sep 2025)	0% (Oct 2024)	28.00 k	28.00 k	Large Cap	28.55
# HDFC Bank Ltd.	Private sector bank	15.63	30.3	5.64%	5.64%	5.64% (Sep 2025)	0% (Oct 2024)	31.90 k	31.90 k	Other	18.28
# State Bank Of India	Public sector bank	7.42	26.8	4.99%	4.99%	4.99% (Sep 2025)	0% (Oct 2024)	30.75 k	30.75 k	Large Cap	28.55
# Eternal Ltd.	E-retail/ e-commerce	4.11	22.1	4.11%	4.11%	4.11% (Sep 2025)	0% (Oct 2024)	67.90 k	67.90 k	Other	18.28
# National Aluminium Co. Ltd.	Aluminium	3.88	20.9	3.88%	3.88%	3.88% (Sep 2025)	0% (Oct 2024)	97.50 k	97.50 k	Small Cap	7.69
# Kotak Mahindra Bank Ltd.	Private sector bank	15.63	19.9	3.70%	3.70%	3.7% (Sep 2025)	0% (Oct 2024)	10.00 k	10.00 k	Large Cap	28.55
# NMDC LTD	Industrial minerals	3.64	19.6	3.64%	3.64%	3.64% (Sep 2025)	0% (Oct 2024)	2.57 L	2.57 L	Mid Cap	17.78
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	3.47	18.7	3.47%	3.47%	3.47% (Sep 2025)	0% (Oct 2024)	41.13 k	41.13 k	Other	18.28
# Axis Bank Ltd.	Private sector bank	15.63	18.4	3.42%	3.42%	3.42% (Sep 2025)	0% (Oct 2024)	16.25 k	16.25 k	Large Cap	28.55
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	2.73	14.7	2.73%	2.73%	2.73% (Sep 2025)	0% (Oct 2024)	50.40 k	50.40 k	Mid Cap	17.78
# BSE Ltd.	Exchange and data platform	2.42	13	2.42%	2.42%	2.42% (Sep 2025)	0% (Oct 2024)	6.38 k	6.38 k	Small Cap	7.69
# Nestle India Ltd.	Packaged foods	2.36	12.7	2.36%	2.36%	2.36% (Sep 2025)	0% (Oct 2024)	11.00 k	11.00 k	Other	18.28
# Trent Limited	Speciality retail	2.35	12.6	2.35%	2.35%	2.35% (Sep 2025)	0% (Oct 2024)	2.70 k	2.70 k	Mid Cap	17.78
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	2.25	12.1	2.25%	2.25%	2.25% (Sep 2025)	0% (Oct 2024)	29.40 k	29.40 k	Other	18.28
# PNB Housing Finance Ltd.	Housing finance company	3.99	11.8	2.19%	2.19%	2.19% (Sep 2025)	0% (Oct 2024)	13.65 k	13.65 k	Mid Cap	17.78
# Oil & Natural Gas Corporation Ltd.	Oil exploration & production	1.8	9.7	1.80%	1.80%	1.8% (Sep 2025)	0% (Oct 2024)	40.50 k	40.50 k	Large Cap	28.55
# Sammaan Capital Ltd.	Housing finance company	3.99	9.7	1.80%	1.80%	1.8% (Sep 2025)	0% (Oct 2024)	60.20 k	60.20 k	Mid Cap	17.78
# ICICI Bank Ltd.	Private sector bank	15.63	9.4	1.75%	1.75%	1.75% (Sep 2025)	0% (Oct 2024)	7.00 k	7.00 k	Large Cap	28.55
# Vedanta Ltd.	Diversified metals	1.39	7.5	1.39%	1.39%	1.39% (Sep 2025)	0% (Oct 2024)	16.10 k	16.10 k	Large Cap	28.55
# Power Finance Corporation Ltd.	Financial institution	1.29	6.9	1.29%	1.29%	1.29% (Sep 2025)	0% (Oct 2024)	16.90 k	16.90 k	Mid Cap	17.78
# Bank Of Baroda	Public sector bank	7.42	6.8	1.26%	1.26%	1.26% (Sep 2025)	0% (Oct 2024)	26.33 k	26.33 k	Large Cap	28.55
# Punjab National Bank	Public sector bank	7.42	6.3	1.17%	1.17%	1.17% (Sep 2025)	0% (Oct 2024)	56.00 k	56.00 k	Large Cap	28.55
# TVS Motor Company Ltd.	2/3 wheelers	1.12	6	1.12%	1.12%	1.12% (Sep 2025)	0% (Oct 2024)	1.75 k	1.75 k	Mid Cap	17.78
# NCC Ltd.	Civil construction	1.04	5.6	1.04%	1.04%	1.04% (Sep 2025)	0% (Oct 2024)	27.00 k	27.00 k	Small Cap	7.69
# Federal Bank Ltd.	Private sector bank	15.63	4.8	0.90%	0.90%	0.9% (Sep 2025)	0% (Oct 2024)	25.00 k	25.00 k	Mid Cap	17.78
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	0.89	4.8	0.89%	0.89%	0.89% (Sep 2025)	0% (Oct 2024)	1.40 k	1.40 k	Large Cap	28.55
# Steel Authority Of India Ltd.	Iron & steel products	0.82	4.4	0.82%	0.82%	0.82% (Sep 2025)	0% (Oct 2024)	32.90 k	32.90 k	Mid Cap	17.78
# Tata Power Co. Ltd.	Integrated power utilities	0.63	3.4	0.63%	0.63%	0.63% (Sep 2025)	0% (Oct 2024)	8.70 k	8.70 k	Mid Cap	17.78
# DLF Ltd.	Residential, commercial projects	0.55	2.9	0.55%	0.55%	0.55% (Sep 2025)	0% (Oct 2024)	4.13 k	4.13 k	Large Cap	28.55
# One 97 Communications Ltd.	Financial technology (fintech)	0.45	2.4	0.45%	0.45%	0.45% (Sep 2025)	0% (Oct 2024)	2.18 k	2.18 k	Other	18.28
# HFCL Ltd.	Telecom - infrastructure	0.35	1.9	0.35%	0.35%	0.35% (Sep 2025)	0% (Oct 2024)	25.80 k	25.80 k	Small Cap	7.69
# Bandhan Bank Ltd.	Private sector bank	15.63	1.2	0.22%	0.22%	0.22% (Sep 2025)	0% (Oct 2024)	7.20 k	7.20 k	Large Cap	28.55
# Bharat Electronics Ltd.	Aerospace & defense	0.21	1.2	0.21%	0.21%	0.21% (Sep 2025)	0% (Oct 2024)	2.85 k	2.85 k	Mid Cap	17.78
# Coal India Ltd.	Coal	0.2	1.1	0.20%	0.20%	0.2% (Sep 2025)	0% (Oct 2024)	2.70 k	2.70 k	Large Cap	28.55
# Aurobindo Pharma Ltd.	Pharmaceuticals	0.11	0.6	0.11%	0.11%	0.11% (Sep 2025)	0% (Oct 2024)	550.00	550.00	Large Cap	28.55
# NHPC Ltd.	Power generation	0.1	0.6	0.10%	0.10%	0.1% (Sep 2025)	0% (Oct 2024)	6.40 k	6.40 k	Mid Cap	17.78

- 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	19.9	3.70%	3.70%	3.7% (Sep 2025)	0% (Oct 2024)	10.00 k	10000
# ICICI Bank Ltd.	Private sector bank	9.4	1.75%	1.75%	1.75% (Sep 2025)	0% (Oct 2024)	7.00 k	7000
# HDFC Bank Ltd.	Private sector bank	30.3	5.64%	5.64%	5.64% (Sep 2025)	0% (Oct 2024)	31.90 k	31900
# Power Finance Corporation Ltd.	Financial institution	6.9	1.29%	1.29%	1.29% (Sep 2025)	0% (Oct 2024)	16.90 k	16900
# Reliance Industries Ltd.	Refineries & marketing	38.2	7.10%	7.10%	7.1% (Sep 2025)	0% (Oct 2024)	28.00 k	28000
# National Aluminium Co. Ltd.	Aluminium	20.9	3.88%	3.88%	3.88% (Sep 2025)	0% (Oct 2024)	97.50 k	97500
# Sammaan Capital Ltd.	Housing finance company	9.7	1.80%	1.80%	1.8% (Sep 2025)	0% (Oct 2024)	60.20 k	60200
# HFCL Ltd.	Telecom - infrastructure	1.9	0.35%	0.35%	0.35% (Sep 2025)	0% (Oct 2024)	25.80 k	25800
# Coal India Ltd.	Coal	1.1	0.20%	0.20%	0.2% (Sep 2025)	0% (Oct 2024)	2.70 k	2700
# Bharat Electronics Ltd.	Aerospace & defense	1.2	0.21%	0.21%	0.21% (Sep 2025)	0% (Oct 2024)	2.85 k	2850
# NMDC LTD	Industrial minerals	19.6	3.64%	3.64%	3.64% (Sep 2025)	0% (Oct 2024)	2.57 L	256500
# Steel Authority Of India Ltd.	Iron & steel products	4.4	0.82%	0.82%	0.82% (Sep 2025)	0% (Oct 2024)	32.90 k	32900
# One 97 Communications Ltd.	Financial technology (fintech)	2.4	0.45%	0.45%	0.45% (Sep 2025)	0% (Oct 2024)	2.18 k	2175
# PNB Housing Finance Ltd.	Housing finance company	11.8	2.19%	2.19%	2.19% (Sep 2025)	0% (Oct 2024)	13.65 k	13650
# State Bank Of India	Public sector bank	26.8	4.99%	4.99%	4.99% (Sep 2025)	0% (Oct 2024)	30.75 k	30750
# Bank Of Baroda	Public sector bank	6.8	1.26%	1.26%	1.26% (Sep 2025)	0% (Oct 2024)	26.33 k	26325
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	4.8	0.89%	0.89%	0.89% (Sep 2025)	0% (Oct 2024)	1.40 k	1400
# Nestle India Ltd.	Packaged foods	12.7	2.36%	2.36%	2.36% (Sep 2025)	0% (Oct 2024)	11.00 k	11000
# Bandhan Bank Ltd.	Private sector bank	1.2	0.22%	0.22%	0.22% (Sep 2025)	0% (Oct 2024)	7.20 k	7200
# DLF Ltd.	Residential, commercial projects	2.9	0.55%	0.55%	0.55% (Sep 2025)	0% (Oct 2024)	4.13 k	4125
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	12.1	2.25%	2.25%	2.25% (Sep 2025)	0% (Oct 2024)	29.40 k	29400
# Trent Limited	Speciality retail	12.6	2.35%	2.35%	2.35% (Sep 2025)	0% (Oct 2024)	2.70 k	2700
# Punjab National Bank	Public sector bank	6.3	1.17%	1.17%	1.17% (Sep 2025)	0% (Oct 2024)	56.00 k	56000
# NHPC Ltd.	Power generation	0.6	0.10%	0.10%	0.1% (Sep 2025)	0% (Oct 2024)	6.40 k	6400
# Axis Bank Ltd.	Private sector bank	18.4	3.42%	3.42%	3.42% (Sep 2025)	0% (Oct 2024)	16.25 k	16250
# TVS Motor Company Ltd.	2/3 wheelers	6	1.12%	1.12%	1.12% (Sep 2025)	0% (Oct 2024)	1.75 k	1750
# Vedanta Ltd.	Diversified metals	7.5	1.39%	1.39%	1.39% (Sep 2025)	0% (Oct 2024)	16.10 k	16100
# Federal Bank Ltd.	Private sector bank	4.8	0.90%	0.90%	0.9% (Sep 2025)	0% (Oct 2024)	25.00 k	25000
# Tata Power Co. Ltd.	Integrated power utilities	3.4	0.63%	0.63%	0.63% (Sep 2025)	0% (Oct 2024)	8.70 k	8700
# Oil & Natural Gas Corporation Ltd.	Oil exploration & production	9.7	1.80%	1.80%	1.8% (Sep 2025)	0% (Oct 2024)	40.50 k	40500
# BSE Ltd.	Exchange and data platform	13	2.42%	2.42%	2.42% (Sep 2025)	0% (Oct 2024)	6.38 k	6375
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	14.7	2.73%	2.73%	2.73% (Sep 2025)	0% (Oct 2024)	50.40 k	50400
# NCC Ltd.	Civil construction	5.6	1.04%	1.04%	1.04% (Sep 2025)	0% (Oct 2024)	27.00 k	27000
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	18.7	3.47%	3.47%	3.47% (Sep 2025)	0% (Oct 2024)	41.13 k	41125
# Eternal Ltd.	E-retail/ e-commerce	22.1	4.11%	4.11%	4.11% (Sep 2025)	0% (Oct 2024)	67.90 k	67900
# Aurobindo Pharma Ltd.	Pharmaceuticals	0.6	0.11%	0.11%	0.11% (Sep 2025)	0% (Oct 2024)	550.00	550

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
No complete exits in the portfolio in the last month.

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.	7.10%	-	-	-	-	-	-	-	-	-	-	-	-
HDFC Bank Ltd.	5.64%	-	-	-	-	-	-	-	-	-	-	-	-
State Bank Of India	4.99%	-	-	-	-	-	-	-	-	-	-	-	-
Eternal Ltd.	4.11%	-	-	-	-	-	-	-	-	-	-	-	-
National Aluminium Co. Ltd.	3.88%	-	-	-	-	-	-	-	-	-	-	-	-
Kotak Mahindra Bank Ltd.	3.70%	-	-	-	-	-	-	-	-	-	-	-	-
NMDC LTD	3.64%	-	-	-	-	-	-	-	-	-	-	-	-
Kalyan Jewellers India Ltd.	3.47%	-	-	-	-	-	-	-	-	-	-	-	-
Axis Bank Ltd.	3.42%	-	-	-	-	-	-	-	-	-	-	-	-
Crompton Greaves Consumer Electricals Ltd.	2.73%	-	-	-	-	-	-	-	-	-	-	-	-
BSE Ltd.	2.42%	-	-	-	-	-	-	-	-	-	-	-	-
Nestle India Ltd.	2.36%	-	-	-	-	-	-	-	-	-	-	-	-
Trent Limited	2.35%	-	-	-	-	-	-	-	-	-	-	-	-
Sona BLW Precision Forgings Ltd.	2.25%	-	-	-	-	-	-	-	-	-	-	-	-
PNB Housing Finance Ltd.	2.19%	-	-	-	-	-	-	-	-	-	-	-	-

Name	Type of Instrument	Weight (%)
MF Units	MF Units	18.69%
Net Receivables	Net Receivables	9.01%

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NITINPIMPALE
MF Investment Help
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20 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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32 days ago

View more

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The Fixed Income
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6 hrs ago

Secure Your Capital and Earn Steady Returns with a Trusted Bond Investment 9.35% NIDO HOME FINANCE LIMITED 2028 ✔️ Coupon: 9.35% ✔️ Rating: CRISIL A+ Stable ✔️ Tenor: 2y 10m (Maturity: 10/Sep/2028) Senior Secured Bond | NBFC Bond | High Return Bond | Listed Invest in stability and growth with Nido Home Finance, a well-rated NBFC offering secure, high-yield returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJldVlnPT0=/935-nido-home-finance-limited-2028?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Secure Your Capital and Earn Steady Returns with a Trusted Bond Investment 9.35% NIDO HOME FINANCE LIMITED 2028 ✔️ Coupon: 9.35% ✔️ Rating: CRISIL A+ Stable ✔️ Tenor: 2y 10m (Maturity: 10/Sep/2028) Senior Secured Bond | NBFC Bond | High Return Bond | Listed Invest in stability and growth with Nido Home Finance, a well-rated NBFC offering secure, high-yield returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJldVlnPT0=/935-nido-home-finance-limited-2028?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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82 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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95 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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132 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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