Hsbc Arbitrage Fund
Monthly portfolio · 24 months through May-2026
compared to Apr-2026
Holdings
126
Scheme AUM
₹2,667 cr
New
28
Exited
27
Increased
53
Reduced
40
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Increased | HSBC Money Market Fund - Direct Growth INF917K01FE6 | Internal - Mutual Fund Units | 15,66,89,628 | +1,71,41,311 | 17.15% | +1.10pp | ₹457 cr |
| Increased | ICICI Bank Limited INE090A01021 | Banks | 12,90,100 | +80,500 | 6.08% | +0.05pp | ₹162 cr |
| Increased | HDFC Bank Limited INE040A01034 | Banks | 19,75,600 | +9,350 | 5.52% | -0.47pp | ₹147 cr |
| Increased | Bandhan Bank Limited INE545U01014 | Banks | 52,09,200 | +19,98,000 | 4.07% | +1.54pp | ₹109 cr |
| Reduced | Steel Authority of India Limited INE114A01011 | Ferrous Metals | 50,33,700 | -1,88,000 | 3.86% | +0.05pp | ₹103 cr |
| Increased | RBL Bank Limited INE976G01028 | Banks | 25,68,575 | +2,85,750 | 3.32% | +0.29pp | ₹88.62 cr |
| — | HSBC Ultra Short Duration Fund - Direct Growth INF336L01OR1 | Internal - Mutual Fund Units | 6,09,422 | — | 3.31% | -0.16pp | ₹88.3 cr |
| Increased | Adani Energy Solutions Limited INE931S01010 | Power | 4,91,400 | +2,21,400 | 2.79% | +1.36pp | ₹74.36 cr |
| Increased | NMDC Limited INE584A01023 | Minerals & Mining | 82,28,250 | +11,74,500 | 2.72% | +0.20pp | ₹72.4 cr |
| Reduced | Indian Bank^ INE562A16QE7 | CRISIL A1+ | 75,00,000 | -25,00,000 | 2.68% | -1.08pp | ₹71.57 cr |
| Increased | Yes Bank Ltd INE528G01035 | Banks | 2,59,06,300 | +86,76,900 | 2.25% | +0.89pp | ₹59.97 cr |
| Increased | Axis Bank Limited INE238A01034 | Banks | 4,47,500 | +77,500 | 2.16% | +0.31pp | ₹57.58 cr |
| Increased | Reliance Industries Limited INE002A01018 | Petroleum Products | 4,16,000 | +1,68,500 | 2.06% | +0.66pp | ₹54.96 cr |
| Reduced | Godrej Properties Limited INE484J01027 | Realty | 2,91,225 | -65,175 | 1.92% | -0.66pp | ₹51.33 cr |
| Increased | Eternal Limited INE758T01015 | Retailing | 17,79,950 | +2,03,700 | 1.67% | +0.13pp | ₹44.6 cr |
| Reduced | Jio Financial Services Limited INE758E01017 | Finance | 18,30,650 | -1,01,050 | 1.64% | -0.24pp | ₹43.74 cr |
| Reduced | JSW Steel Limited INE019A01038 | Ferrous Metals | 3,38,850 | -14,175 | 1.62% | -0.14pp | ₹43.31 cr |
| Increased | ITC Limited INE154A01025 | Diversified FMCG | 14,56,000 | +1,600 | 1.57% | -0.24pp | ₹41.77 cr |
| Increased | State Bank of India INE062A01020 | Banks | 4,14,000 | +1,38,750 | 1.50% | +0.34pp | ₹39.93 cr |
| Increased | NBCC (India) Limited INE095N01031 | Construction | 39,00,000 | +26,00,000 | 1.47% | +1.00pp | ₹39.1 cr |
| Increased | HDFC Asset Management Company Limited INE127D01025 | Capital Markets | 1,32,600 | +15,300 | 1.33% | +0.07pp | ₹35.46 cr |
| Increased | Punjab National Bank INE160A01022 | Banks | 31,04,000 | +3,36,000 | 1.23% | +0.03pp | ₹32.92 cr |
| Increased | Glenmark Pharmaceuticals Limited INE935A01035 | Pharmaceuticals & Biotechnology | 1,42,125 | +9,000 | 1.21% | -0.05pp | ₹32.33 cr |
| Increased | Adani Power Limited INE814H01029 | Power | 13,20,600 | +2,76,900 | 1.21% | +0.30pp | ₹32.14 cr |
| Increased | AU Small Finance Bank Limited INE949L01017 | Banks | 3,22,000 | +1,18,000 | 1.19% | +0.37pp | ₹31.71 cr |
| Increased | Container Corporation of India Limited INE111A01025 | Transport Services | 5,97,500 | +60,000 | 1.04% | -0.04pp | ₹27.7 cr |
| Increased | Adani Enterprises Limited INE423A01024 | Metals & Minerals Trading | 85,902 | +48,204 | 0.95% | +0.59pp | ₹25.23 cr |
| Reduced | Laurus Labs Limited INE947Q01028 | Pharmaceuticals & Biotechnology | 1,79,350 | -12,750 | 0.92% | +0.08pp | ₹24.43 cr |
| — | SIDBI** INE556F16BQ4 | CARE A1+ | 25,00,000 | — | 0.91% | -0.04pp | ₹24.17 cr |
| Reduced | LIC Housing Finance Limited INE115A01026 | Finance | 4,50,000 | -39,000 | 0.90% | -0.17pp | ₹23.99 cr |
| — | 364 Days Treasury Bill 28-Jan-2027 IN002025Z435 | SOVEREIGN | 25,00,000 | — | 0.90% | -0.05pp | ₹24.07 cr |
| — | 364 Days Treasury Bill 19-Feb-2027 IN002025Z468 | SOVEREIGN | 25,00,000 | — | 0.90% | -0.04pp | ₹23.98 cr |
| New | Bank of Baroda^ INE028A16LI1 | CARE A1+ | 25,00,000 | — | 0.89% | — | ₹23.7 cr |
| Reduced | Crompton Greaves Consumer Electrical Ltd INE299U01018 | Consumer Durables | 7,82,900 | -52,300 | 0.83% | -0.07pp | ₹22.01 cr |
| Increased | IDFC First Bank Limited INE092T01019 | Banks | 27,17,575 | +1,20,575 | 0.73% | +0.02pp | ₹19.38 cr |
| Increased | Biocon Limited INE376G01013 | Pharmaceuticals & Biotechnology | 4,12,500 | +60,000 | 0.66% | +0.16pp | ₹17.68 cr |
| Increased | Bharat Heavy Electricals Limited INE257A01026 | Electrical Equipment | 3,99,000 | +1,60,125 | 0.62% | +0.29pp | ₹16.63 cr |
| Reduced | Kotak Mahindra Bank Limited INE237A01036 | Banks | 4,18,000 | -3,80,000 | 0.60% | -0.61pp | ₹16.06 cr |
| Increased | Bank of Baroda INE028A01039 | Banks | 5,82,075 | +3,59,775 | 0.59% | +0.36pp | ₹15.63 cr |
| Reduced | Ambuja Cements Limited INE079A01024 | Cement & Cement Products | 3,10,800 | -24,150 | 0.52% | -0.07pp | ₹13.92 cr |
| Increased | Manappuram Finance Limited INE522D01027 | Finance | 4,20,000 | +33,000 | 0.51% | +0.06pp | ₹13.67 cr |
| Reduced | Sammaan Capital Ltd. INE148I01020 | Finance | 7,65,400 | -13,37,300 | 0.51% | -0.69pp | ₹13.55 cr |
| New | Aurobindo Pharma Limited INE406A01037 | Pharmaceuticals & Biotechnology | 90,200 | — | 0.48% | — | ₹12.87 cr |
| Increased | Zydus Lifesciences Limited INE010B01027 | Pharmaceuticals & Biotechnology | 1,16,100 | +1,07,100 | 0.47% | +0.44pp | ₹12.51 cr |
| Reduced | Max Financial Services Limited INE180A01020 | Insurance | 73,600 | -33,600 | 0.46% | -0.21pp | ₹12.32 cr |
| Increased | Indus Towers Limited INE121J01017 | Telecom - Services | 2,63,500 | +2,10,800 | 0.44% | +0.35pp | ₹11.65 cr |
| Reduced | Hindustan Zinc Limited INE267A01025 | Non - Ferrous Metals | 1,80,075 | -24,500 | 0.43% | -0.05pp | ₹11.4 cr |
| Increased | CG Power And Industrial Solutions Ltd INE067A01029 | Electrical Equipment | 1,21,550 | +23,800 | 0.42% | +0.11pp | ₹11.15 cr |
| Reduced | HDFC Life Insurance Company Limited INE795G01014 | Insurance | 1,81,500 | -72,600 | 0.40% | -0.19pp | ₹10.8 cr |
| Increased | Prestige Estates Projects Limited INE811K01011 | Realty | 77,850 | +41,400 | 0.40% | +0.20pp | ₹10.66 cr |
| Reduced | Godrej Consumer Products Limited INE102D01028 | Personal Products | 1,03,500 | -12,500 | 0.40% | -0.09pp | ₹10.65 cr |
| Reduced | Inox Wind Limited INE066P01011 | Electrical Equipment | 9,47,375 | -2,25,225 | 0.33% | -0.14pp | ₹8.81 cr |
| Reduced | PNB Housing Finance Limited INE572E01012 | Finance | 85,150 | -39,000 | 0.33% | -0.18pp | ₹8.77 cr |
| Increased | Apollo Hospitals Enterprise Limited INE437A01024 | Healthcare Services | 10,500 | +1,500 | 0.32% | +0.05pp | ₹8.59 cr |
| Increased | Bank of India INE084A01016 | Banks | 6,08,400 | +4,36,800 | 0.32% | +0.23pp | ₹8.51 cr |
| Increased | Varun Beverages Limited INE200M01039 | Beverages | 1,57,500 | +55,125 | 0.31% | +0.10pp | ₹8.32 cr |
| Increased | The Tata Power Company Limited INE245A01021 | Power | 1,92,850 | +11,600 | 0.30% | -0.02pp | ₹8.11 cr |
| Increased | Canara Bank INE476A01022 | Banks | 6,07,500 | +5,19,750 | 0.30% | +0.25pp | ₹7.95 cr |
| Reduced | DLF Limited INE271C01023 | Realty | 1,23,750 | -2,92,050 | 0.27% | -0.69pp | ₹7.31 cr |
| Increased | Indian Energy Exchange Limited INE022Q01020 | Capital Markets | 5,36,250 | +1,01,250 | 0.26% | +0.04pp | ₹6.88 cr |
| Increased | REC Limited INE020B01018 | Finance | 2,03,000 | +1,69,400 | 0.26% | +0.21pp | ₹6.85 cr |
| Increased | The Indian Hotels Company Limited INE053A01029 | Leisure Services | 1,04,000 | +1,02,000 | 0.26% | +0.26pp | ₹6.8 cr |
| Increased | Cholamandalam Invest & Finance Co Ltd INE121A01024 | Finance | 42,500 | +2,500 | 0.25% | — | ₹6.54 cr |
| Reduced | Vodafone Idea Limited INE669E01016 | Telecom - Services | 41,45,550 | -76,47,825 | 0.22% | -0.26pp | ₹5.8 cr |
| New | Colgate Palmolive (India) Limited INE259A01022 | Personal Products | 27,000 | — | 0.21% | — | ₹5.56 cr |
| Increased | Cummins India Limited INE298A01020 | Industrial Products | 8,600 | +800 | 0.19% | +0.03pp | ₹5.06 cr |
| Reduced | Lodha Developers Limited INE670K01029 | Realty | 45,000 | -1,17,000 | 0.16% | -0.41pp | ₹4.22 cr |
| Reduced | Info Edge (India) Limited INE663F01032 | Retailing | 42,375 | -10,500 | 0.16% | -0.04pp | ₹4.22 cr |
| Increased | Tata Consumer Products Limited INE192A01025 | Agricultural Food & other Products | 25,850 | +3,300 | 0.11% | +0.01pp | ₹3.05 cr |
| New | Tata Motors Passenger Vehicles Limited INE155A01022 | Automobiles | 68,800 | — | 0.10% | — | ₹2.71 cr |
| Increased | Supreme Industries Limited INE195A01028 | Industrial Products | 7,350 | +3,325 | 0.10% | +0.04pp | ₹2.61 cr |
| Reduced | Dabur India Limited INE016A01026 | Personal Products | 56,250 | -40,000 | 0.09% | -0.08pp | ₹2.49 cr |
| New | Amber Enterprises India Limited INE371P01015 | Consumer Durables | 3,200 | — | 0.09% | — | ₹2.44 cr |
| Reduced | Hero MotoCorp Limited INE158A01026 | Automobiles | 4,800 | -15,600 | 0.09% | -0.32pp | ₹2.35 cr |
| Reduced | Exide Industries Limited INE302A01020 | Auto Components | 55,800 | -10,800 | 0.08% | -0.01pp | ₹2.16 cr |
| New | SWIGGY LIMITED INE00H001014 | Retailing | 79,300 | — | 0.08% | — | ₹2.05 cr |
| Increased | Hitachi Energy India Limited INE07Y701011 | Electrical Equipment | 525 | +225 | 0.08% | +0.04pp | ₹2.02 cr |
| New | Bosch Limited INE323A01026 | Auto Components | 550 | — | 0.08% | — | ₹2.01 cr |
| New | The Phoenix Mills Limited INE211B01039 | Realty | 10,150 | — | 0.07% | — | ₹1.8 cr |
| Increased | Bharat Electronics Limited INE263A01024 | Aerospace & Defense | 41,325 | +2,850 | 0.06% | -0.01pp | ₹1.7 cr |
| Increased | Union Bank of India INE692A01016 | Banks | 97,350 | +70,800 | 0.06% | +0.04pp | ₹1.63 cr |
| Increased | United Spirits Limited INE854D01024 | Beverages | 11,200 | +5,200 | 0.05% | +0.02pp | ₹1.42 cr |
| Increased | Adani Green Energy Limited INE364U01010 | Power | 9,600 | +6,000 | 0.05% | +0.03pp | ₹1.42 cr |
| New | Pidilite Industries Limited INE318A01026 | Chemicals & Petrochemicals | 8,000 | — | 0.04% | — | ₹1.19 cr |
| Increased | UPL Limited INE628A01036 | Fertilizers & Agrochemicals | 17,615 | +12,195 | 0.04% | +0.03pp | ₹1.14 cr |
| Reduced | Mahindra & Mahindra Limited INE101A01026 | Automobiles | 3,600 | -62,800 | 0.04% | -0.77pp | ₹1.1 cr |
| Reduced | Shriram Finance Limited INE721A01047 | Finance | 11,550 | -14,850 | 0.04% | -0.06pp | ₹1.09 cr |
| New | Petronet LNG Limited INE347G01014 | Gas | 39,900 | — | 0.04% | — | ₹1.08 cr |
| Increased | Indian Oil Corporation Limited INE242A01010 | Petroleum Products | 73,125 | +63,375 | 0.04% | +0.03pp | ₹1.03 cr |
| Increased | APL Apollo Tubes Limited INE702C01027 | Industrial Products | 5,600 | +3,850 | 0.04% | +0.03pp | ₹1.03 cr |
| New | One 97 Communications Limited INE982J01020 | Financial Technology (Fintech) | 7,975 | — | 0.03% | — | ₹0.89 cr |
| Reduced | Sun Pharmaceutical Industries Limited INE044A01036 | Pharmaceuticals & Biotechnology | 3,850 | -8,750 | 0.03% | -0.06pp | ₹0.69 cr |
| Increased | Grasim Industries Limited INE047A01021 | Cement & Cement Products | 2,000 | +1,250 | 0.02% | +0.01pp | ₹0.62 cr |
| Reduced | UNO Minda Limited INE405E01023 | Auto Components | 5,500 | -9,350 | 0.02% | -0.05pp | ₹0.61 cr |
| — | FSN E-Commerce Ventures Limited INE388Y01029 | Retailing | 21,875 | — | 0.02% | — | ₹0.57 cr |
| Reduced | TVS Motor Company Limited INE494B01023 | Automobiles | 1,575 | -42,350 | 0.02% | -0.59pp | ₹0.53 cr |
| Increased | Bajaj Holdings & Investment.Ltd INE118A01012 | Finance | 500 | +100 | 0.02% | — | ₹0.52 cr |
| New | Jindal Steel Limited INE749A01030 | Ferrous Metals | 3,750 | — | 0.02% | — | ₹0.45 cr |
| Reduced | Adani Port & Special Economic Zone Ltd INE742F01042 | Transport Infrastructure | 2,375 | -1,73,850 | 0.02% | -1.13pp | ₹0.43 cr |
| Reduced | Bajaj Finserv Limited INE918I01026 | Finance | 2,250 | -2,500 | 0.02% | -0.01pp | ₹0.4 cr |
| New | Divi''s Laboratories Limited INE361B01024 | Pharmaceuticals & Biotechnology | 600 | — | 0.02% | — | ₹0.4 cr |
| New | Avenue Supermarts Limited INE192R01011 | Retailing | 900 | — | 0.01% | — | ₹0.36 cr |
| New | Angel One Limited INE732I01021 | Capital Markets | 10,000 | — | 0.01% | — | ₹0.34 cr |
| New | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | 2,800 | — | 0.01% | — | ₹0.32 cr |
| Reduced | MphasiS Limited INE356A01018 | IT - Software | 1,375 | -275 | 0.01% | — | ₹0.31 cr |
| New | Life Insurance Corporation Of India INE0J1Y01017 | Insurance | 7,000 | — | 0.01% | — | ₹0.29 cr |
| Reduced | Dalmia Bharat Limited INE00R701025 | Cement & Cement Products | 1,300 | -2,275 | 0.01% | -0.02pp | ₹0.23 cr |
| New | Power Grid Corporation of India Limited INE752E01010 | Power | 7,600 | — | 0.01% | — | ₹0.22 cr |
| Increased | Havells India Limited INE176B01034 | Consumer Durables | 1,500 | +1,000 | 0.01% | +0.01pp | ₹0.18 cr |
| Reduced | Tata Steel Limited INE081A01020 | Ferrous Metals | 8,250 | -1,21,000 | 0.01% | -0.10pp | ₹0.17 cr |
| New | 360 ONE WAM LIMITED INE466L01038 | Capital Markets | 1,500 | — | 0.01% | — | ₹0.17 cr |
| Reduced | TUBE INVESTMENTS OF INDIA LTD INE974X01010 | Auto Components | 400 | -400 | 0.00% | -0.01pp | ₹0.13 cr |
| New | Cipla Limited INE059A01026 | Pharmaceuticals & Biotechnology | 750 | — | 0.00% | — | ₹0.11 cr |
| Reduced | Bharti Airtel Limited INE397D01024 | Telecom - Services | 475 | -49,875 | 0.00% | -0.38pp | ₹0.09 cr |
| Reduced | Hindustan Petroleum Corporation Limited INE094A01015 | Petroleum Products | 2,025 | -2,025 | 0.00% | -0.01pp | ₹0.08 cr |
| New | Nuvama Wealth Management Limited INE531F01023 | Capital Markets | 500 | — | 0.00% | — | ₹0.08 cr |
| New | Fortis Healthcare Limited INE061F01013 | Healthcare Services | 775 | — | 0.00% | — | ₹0.07 cr |
| Reduced | Eicher Motors Limited INE066A01021 | Automobiles | 100 | -3,400 | 0.00% | -0.10pp | ₹0.07 cr |
| New | Nippon Life India Asset Management Ltd INE298J01013 | Capital Markets | 625 | — | 0.00% | — | ₹0.07 cr |
| Reduced | Britannia Industries Limited INE216A01030 | Food Products | 125 | -125 | 0.00% | -0.01pp | ₹0.07 cr |
| New | Vishal Mega Mart Limited INE01EA01019 | Retailing | 4,850 | — | 0.00% | — | ₹0.06 cr |
| Reduced | ICICI Lombard General Insurance Company INE765G01017 | Insurance | 325 | -2,925 | 0.00% | -0.02pp | ₹0.06 cr |
| New | UltraTech Cement Limited INE481G01011 | Cement & Cement Products | 50 | — | 0.00% | — | ₹0.06 cr |
| New | Hyundai Motor India Limited INE0V6F01027 | Automobiles | 275 | — | 0.00% | — | ₹0.05 cr |
| New | Radico Khaitan Limited INE944F01028 | Beverages | 150 | — | 0.00% | — | ₹0.05 cr |
| New | GAIL (India) Limited INE129A01019 | Gas | 3,150 | — | 0.00% | — | ₹0.05 cr |
| Exited | The Federal Bank Limited INE171A01029 | Banks | — | -6,90,000 | — | -0.78pp | — |
| Exited | WAAREE ENERGIES LIMITED INE377N01017 | Electrical Equipment | — | -26,600 | — | -0.33pp | — |
| Exited | PB Fintech Limited INE417T01026 | Financial Technology (Fintech) | — | -49,350 | — | -0.32pp | — |
| Exited | Marico Limited INE196A01026 | Agricultural Food & other Products | — | -74,400 | — | -0.23pp | — |
| Exited | National Aluminium Company Limited INE139A01034 | Non - Ferrous Metals | — | -1,44,375 | — | -0.23pp | — |
| Exited | KALYAN JEWELLERS INDIA LIMITED INE303R01014 | Consumer Durables | — | -1,35,125 | — | -0.22pp | — |
| Exited | Power Finance Corporation Limited INE134E01011 | Finance | — | -1,23,500 | — | -0.22pp | — |
| Exited | Asian Paints Limited INE021A01026 | Consumer Durables | — | -20,500 | — | -0.20pp | — |
| Exited | SBI Life Insurance Company Limited INE123W01016 | Insurance | — | -21,375 | — | -0.15pp | — |
| Exited | ICICI Prudential Life Insurance Company INE726G01019 | Insurance | — | -55,500 | — | -0.11pp | — |
| Exited | JSW Energy Limited INE121E01018 | Power | — | -45,000 | — | -0.10pp | — |
| Exited | InterGlobe Aviation Limited INE646L01027 | Transport Services | — | -5,850 | — | -0.10pp | — |
| Exited | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | — | -5,250 | — | -0.09pp | — |
| Exited | BSE Ltd INE118H01025 | Capital Markets | — | -6,000 | — | -0.09pp | — |
| Exited | Bharat Petroleum Corporation Limited INE029A01011 | Petroleum Products | — | -53,325 | — | -0.06pp | — |
| Exited | Hindustan Unilever Limited INE030A01027 | Diversified FMCG | — | -6,600 | — | -0.06pp | — |
| Exited | Suzlon Energy Limited INE040H01021 | Electrical Equipment | — | -2,52,700 | — | -0.06pp | — |
| Exited | SRF Limited INE647A01010 | Chemicals & Petrochemicals | — | -5,000 | — | -0.05pp | — |
| Exited | Bajaj Finance Limited INE296A01032 | Finance | — | -9,750 | — | -0.04pp | — |
| Exited | Coforge Limited INE591G01025 | IT - Software | — | -7,125 | — | -0.03pp | — |
| Exited | Samvardhana Motherson International Ltd INE775A01035 | Auto Components | — | -43,050 | — | -0.02pp | — |
| Exited | Muthoot Finance Limited INE414G01012 | Finance | — | -550 | — | -0.01pp | — |
| Exited | Titan Company Limited INE280A01028 | Consumer Durables | — | -350 | — | -0.01pp | — |
| Exited | Cochin Shipyard Limited INE704P01025 | Industrial Manufacturing | — | -800 | — | -0.01pp | — |
| Exited | Sona BLW Precision Forgings Limited INE073K01018 | Auto Components | — | -1,225 | — | — | — |
| Exited | Page Industries Limited INE761H01022 | Textiles & Apparels | — | -15 | — | — | — |
| Exited | Axis Bank Limited** INE238AD6BD9 | CRISIL A1+ | — | -25,00,000 | — | -0.97pp | — |
Cash & other
| Treps | 0.84% | ₹22.29 cr |
| Net Current Assets (including cash & bank balances) | 0.49% | ₹12.93 cr |