Jm Arbitrage Fund
Monthly portfolio · 18 months through Sep-2026
compared to Aug-2026
Holdings
113
Scheme AUM
₹341 cr
New
1
Exited
15
Increased
5
Reduced
53
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Reduced | JM Financial Mutual Fund INF192K01CM6 | — | 34,26,554 | -6,44,828 | 7.82% | +1.29pp | ₹26.62 cr |
| Increased | ICICI Bank Limited INE090A01021 | Banks | 1,16,900 | +4,900 | 4.54% | +1.16pp | ₹15.45 cr |
| — | Reliance Industries Limited INE002A01018 | Petroleum Products | 1,18,500 | — | 4.13% | +0.99pp | ₹14.07 cr |
| Reduced | Axis Bank Limited INE238A01034 | Banks | 1,08,125 | -1,250 | 3.89% | +0.95pp | ₹13.26 cr |
| Reduced | Vodafone Idea Limited INE669E01016 | Telecom - Services | 89,34,375 | -2,14,425 | 3.40% | +0.68pp | ₹11.57 cr |
| Reduced | Tata Steel Limited INE081A01020 | Ferrous Metals | 6,05,000 | -1,10,000 | 3.27% | +0.54pp | ₹11.15 cr |
| Reduced | Kotak Mahindra Bank Limited INE237A01036 | Banks | 2,40,000 | -1,80,000 | 2.94% | -0.71pp | ₹10.01 cr |
| Increased | State Bank of India INE062A01020 | Banks | 92,250 | +750 | 2.60% | +0.59pp | ₹8.85 cr |
| — | Indus Towers Limited INE121J01017 | Telecom - Services | 1,80,200 | — | 1.97% | +0.52pp | ₹6.73 cr |
| — | Adani Enterprises Limited INE423A01024 | Metals & Minerals Trading | 22,557 | — | 1.92% | +0.59pp | ₹6.55 cr |
| Increased | Bandhan Bank Limited INE545U01014 | Banks | 3,63,600 | +25,200 | 1.90% | +0.76pp | ₹6.48 cr |
| Reduced | Eicher Motors Limited INE066A01021 | Automobiles | 8,400 | -4,000 | 1.76% | -0.28pp | ₹6.01 cr |
| Reduced | Bharat Heavy Electricals Limited INE257A01026 | Electrical Equipment | 1,44,375 | -26,250 | 1.76% | +0.20pp | ₹6 cr |
| Reduced | IDFC First Bank Limited INE092T01019 | Banks | 7,23,450 | -1,29,850 | 1.73% | +0.21pp | ₹5.89 cr |
| — | Varun Beverages Limited INE200M01039 | Beverages | 1,30,050 | — | 1.65% | +0.57pp | ₹5.62 cr |
| Reduced | Yes Bank Ltd INE528G01035 | Banks | 25,19,100 | -6,53,100 | 1.55% | +0.05pp | ₹5.28 cr |
| — | 364 Days Treasury Bill 06-Nov-2026 IN002025Z328 | SOVEREIGN | 5,00,000 | — | 1.46% | +0.43pp | ₹4.97 cr |
| — | 182 Days Treasury Bill 19-Nov-2026 IN002026Y071 | SOVEREIGN | 5,00,000 | — | 1.46% | +0.43pp | ₹4.96 cr |
| — | 364 Days Treasury Bill 03-Dec-2026 IN002025Z369 | SOVEREIGN | 5,00,000 | — | 1.45% | +0.43pp | ₹4.95 cr |
| — | 364 Days Treasury Bill 15-JAN-2027 IN002025Z419 | SOVEREIGN | 5,00,000 | — | 1.44% | +0.43pp | ₹4.92 cr |
| — | 182 Days Treasury Bill 21-Jan-2027 IN002026Y162 | SOVEREIGN | 5,00,000 | — | 1.44% | +0.43pp | ₹4.91 cr |
| — | Power Finance Corporation Limited INE134E01011 | Finance | 1,45,600 | — | 1.39% | +0.38pp | ₹4.74 cr |
| Reduced | NMDC Limited INE584A01023 | Minerals & Mining | 6,07,500 | -27,000 | 1.37% | +0.21pp | ₹4.65 cr |
| Reduced | Bajaj Finance Limited INE296A01032 | Finance | 47,250 | -30,000 | 1.33% | -0.36pp | ₹4.53 cr |
| Increased | Bank of Baroda INE028A01039 | Banks | 1,90,125 | +17,550 | 1.29% | +0.43pp | ₹4.38 cr |
| Reduced | Maruti Suzuki India Limited INE585B01010 | Automobiles | 3,650 | -300 | 1.28% | +0.17pp | ₹4.37 cr |
| — | Steel Authority of India Limited INE114A01011 | Ferrous Metals | 2,20,900 | — | 1.18% | +0.28pp | ₹4.01 cr |
| Reduced | Crompton Greaves Consumer Electrical Ltd INE299U01018 | Consumer Durables | 1,82,750 | -2,150 | 1.12% | +0.22pp | ₹3.81 cr |
| — | Adani Energy Solutions Limited INE931S01010 | Power | 28,350 | — | 1.09% | +0.26pp | ₹3.73 cr |
| — | Asian Paints Limited INE021A01026 | Consumer Durables | 15,500 | — | 1.09% | +0.24pp | ₹3.72 cr |
| — | Life Insurance Corporation Of India INE0J1Y01017 | Insurance | 88,200 | — | 1.02% | +0.26pp | ₹3.49 cr |
| — | Godrej Properties Limited INE484J01027 | Realty | 20,475 | — | 0.98% | +0.12pp | ₹3.33 cr |
| Reduced | Adani Port & Special Economic Zone Ltd INE742F01042 | Transport Infrastructure | 18,050 | -28,025 | 0.95% | -0.57pp | ₹3.25 cr |
| — | LIC Housing Finance Limited INE115A01026 | Finance | 61,000 | — | 0.95% | +0.27pp | ₹3.23 cr |
| — | The Indian Hotels Company Limited INE053A01029 | Leisure Services | 44,000 | — | 0.94% | +0.27pp | ₹3.21 cr |
| — | NBCC (India) Limited INE095N01031 | Construction | 4,03,000 | — | 0.93% | +0.21pp | ₹3.16 cr |
| Reduced | Canara Bank INE476A01022 | Banks | 2,49,750 | -13,500 | 0.88% | +0.18pp | ₹2.98 cr |
| Reduced | Jio Financial Services Limited INE758E01017 | Finance | 1,36,300 | -7,050 | 0.87% | +0.15pp | ₹2.96 cr |
| Reduced | Bharti Airtel Limited INE397D01024 | Telecom - Services | 15,675 | -52,250 | 0.81% | -1.74pp | ₹2.75 cr |
| — | Bajaj Finserv Limited INE918I01026 | Finance | 15,900 | — | 0.81% | +0.14pp | ₹2.75 cr |
| Reduced | Mahindra & Mahindra Limited INE101A01026 | Automobiles | 9,200 | -8,400 | 0.80% | -0.40pp | ₹2.71 cr |
| — | The Federal Bank Limited INE171A01029 | Banks | 85,000 | — | 0.79% | +0.16pp | ₹2.7 cr |
| Reduced | ITC Limited INE154A01025 | Diversified FMCG | 1,01,775 | -72,450 | 0.79% | -0.14pp | ₹2.67 cr |
| Reduced | Larsen & Toubro Limited INE018A01030 | Construction | 7,000 | -14,700 | 0.77% | -1.05pp | ₹2.63 cr |
| — | Adani Power Limited INE814H01029 | Power | 1,27,800 | — | 0.77% | +0.24pp | ₹2.61 cr |
| Reduced | HDFC Bank Limited INE040A01034 | Banks | 33,800 | -2,14,500 | 0.70% | -2.95pp | ₹2.4 cr |
| Reduced | JSW Steel Limited INE019A01038 | Ferrous Metals | 18,225 | -22,950 | 0.67% | -0.45pp | ₹2.28 cr |
| Reduced | Sun Pharmaceutical Industries Limited INE044A01036 | Pharmaceuticals & Biotechnology | 11,900 | -12,600 | 0.63% | -0.37pp | ₹2.16 cr |
| — | Hitachi Energy India Limited INE07Y701011 | Electrical Equipment | 700 | — | 0.63% | +0.14pp | ₹2.14 cr |
| — | Manappuram Finance Limited INE522D01027 | Finance | 60,000 | — | 0.56% | +0.13pp | ₹1.9 cr |
| Reduced | InterGlobe Aviation Limited INE646L01027 | Transport Services | 3,750 | -1,050 | 0.55% | +0.03pp | ₹1.87 cr |
| Reduced | Biocon Limited INE376G01013 | Pharmaceuticals & Biotechnology | 50,000 | -32,500 | 0.54% | -0.16pp | ₹1.85 cr |
| Reduced | United Spirits Limited INE854D01024 | Beverages | 12,000 | -800 | 0.48% | +0.08pp | ₹1.62 cr |
| — | Ambuja Cements Limited INE079A01024 | Cement & Cement Products | 43,200 | — | 0.47% | +0.12pp | ₹1.62 cr |
| — | Lupin Limited INE326A01037 | Pharmaceuticals & Biotechnology | 7,650 | — | 0.46% | +0.11pp | ₹1.55 cr |
| Reduced | RBL Bank Limited INE976G01028 | Banks | 34,925 | -12,700 | 0.41% | +0.04pp | ₹1.41 cr |
| — | Glenmark Pharmaceuticals Limited INE935A01035 | Pharmaceuticals & Biotechnology | 6,000 | — | 0.41% | +0.10pp | ₹1.4 cr |
| — | Divi's Laboratories Limited INE361B01024 | Pharmaceuticals & Biotechnology | 1,500 | — | 0.41% | +0.11pp | ₹1.39 cr |
| Reduced | Hindustan Unilever Limited INE030A01027 | Diversified FMCG | 6,900 | -12,600 | 0.38% | -0.41pp | ₹1.3 cr |
| — | Indian Energy Exchange Limited INE022Q01020 | Capital Markets | 1,08,750 | — | 0.34% | +0.07pp | ₹1.16 cr |
| — | Aurobindo Pharma Limited INE406A01037 | Pharmaceuticals & Biotechnology | 6,600 | — | 0.32% | +0.09pp | ₹1.1 cr |
| Reduced | Info Edge (India) Limited INE663F01032 | Retailing | 8,800 | -7,150 | 0.32% | -0.12pp | ₹1.07 cr |
| — | Mankind Pharma Limited INE634S01028 | Pharmaceuticals & Biotechnology | 4,250 | — | 0.31% | +0.10pp | ₹1.06 cr |
| Reduced | Tata Consumer Products Limited INE192A01025 | Agricultural Food & other Products | 11,000 | -2,750 | 0.31% | +0.01pp | ₹1.04 cr |
| Reduced | HDFC Asset Management Company Limited INE127D01025 | Capital Markets | 4,200 | -4,200 | 0.28% | -0.18pp | ₹0.96 cr |
| Reduced | Ashok Leyland Limited INE208A01029 | Agricultural, Commercial & Construction Vehicles | 60,000 | -95,000 | 0.27% | -0.29pp | ₹0.93 cr |
| Reduced | NTPC Limited INE733E01010 | Power | 28,500 | -36,000 | 0.27% | -0.17pp | ₹0.92 cr |
| Reduced | Punjab National Bank INE160A01022 | Banks | 80,000 | -2,40,000 | 0.27% | -0.49pp | ₹0.9 cr |
| Reduced | Shriram Finance Limited INE721A01047 | Finance | 8,250 | -18,150 | 0.24% | -0.37pp | ₹0.81 cr |
| Reduced | UPL Limited INE628A01036 | Fertilizers & Agrochemicals | 14,905 | -2,710 | 0.24% | +0.03pp | ₹0.8 cr |
| Reduced | TVS Motor Company Limited INE494B01023 | Automobiles | 1,925 | -2,625 | 0.23% | -0.18pp | ₹0.79 cr |
| Increased | JSW Energy Limited INE121E01018 | Power | 13,975 | +1,075 | 0.20% | +0.06pp | ₹0.69 cr |
| Reduced | Grasim Industries Limited INE047A01021 | Cement & Cement Products | 2,250 | -5,750 | 0.20% | -0.36pp | ₹0.69 cr |
| Reduced | HDFC Life Insurance Company Limited INE795G01014 | Insurance | 12,100 | -23,100 | 0.19% | -0.21pp | ₹0.63 cr |
| Reduced | Adani Green Energy Limited INE364U01010 | Power | 4,800 | -8,400 | 0.18% | -0.15pp | ₹0.61 cr |
| — | APL Apollo Tubes Limited INE702C01027 | Industrial Products | 2,800 | — | 0.18% | +0.05pp | ₹0.61 cr |
| Reduced | Bharat Petroleum Corporation Limited INE029A01011 | Petroleum Products | 15,800 | -5,925 | 0.14% | -0.01pp | ₹0.48 cr |
| — | Cummins India Limited INE298A01020 | Industrial Products | 1,000 | — | 0.14% | +0.03pp | ₹0.48 cr |
| — | PNB Housing Finance Limited INE572E01012 | Finance | 3,900 | — | 0.13% | +0.04pp | ₹0.44 cr |
| — | Torrent Pharmaceuticals Limited INE685A01028 | Pharmaceuticals & Biotechnology | 875 | — | 0.12% | +0.03pp | ₹0.42 cr |
| — | Alkem Laboratories Limited INE540L01014 | Pharmaceuticals & Biotechnology | 750 | — | 0.11% | +0.03pp | ₹0.39 cr |
| Reduced | The Tata Power Company Limited INE245A01021 | Power | 10,150 | -15,950 | 0.11% | -0.08pp | ₹0.36 cr |
| Reduced | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | 750 | -3,300 | 0.10% | -0.30pp | ₹0.35 cr |
| — | Bharat Electronics Limited INE263A01024 | Aerospace & Defense | 8,550 | — | 0.10% | +0.02pp | ₹0.33 cr |
| Reduced | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | 3,500 | -16,100 | 0.10% | -0.32pp | ₹0.33 cr |
| — | Hindustan Petroleum Corporation Limited INE094A01015 | Petroleum Products | 8,100 | — | 0.08% | +0.02pp | ₹0.28 cr |
| New | Eternal Limited INE758T01015 | Retailing | 7,275 | — | 0.07% | — | ₹0.23 cr |
| — | Union Bank of India INE692A01016 | Banks | 13,275 | — | 0.07% | +0.01pp | ₹0.23 cr |
| — | KALYAN JEWELLERS INDIA LIMITED INE303R01014 | Consumer Durables | 4,050 | — | 0.07% | +0.02pp | ₹0.22 cr |
| — | Cholamandalam Invest & Finance Co Ltd INE121A01024 | Finance | 1,250 | — | 0.06% | +0.01pp | ₹0.2 cr |
| Reduced | GMR Airports Limited INE776C01039 | Transport Infrastructure | 20,925 | -69,750 | 0.06% | -0.12pp | ₹0.2 cr |
| — | Indian Oil Corporation Limited INE242A01010 | Petroleum Products | 14,625 | — | 0.06% | +0.02pp | ₹0.2 cr |
| — | Bharat Forge Limited INE465A01025 | Auto Components | 1,000 | — | 0.06% | +0.01pp | ₹0.19 cr |
| — | SBI Life Insurance Company Limited INE123W01016 | Insurance | 1,125 | — | 0.06% | +0.02pp | ₹0.19 cr |
| — | IndusInd Bank Limited INE095A01012 | Banks | 2,100 | — | 0.06% | +0.01pp | ₹0.19 cr |
| Reduced | Cipla Limited INE059A01026 | Pharmaceuticals & Biotechnology | 1,275 | -11,050 | 0.05% | -0.31pp | ₹0.17 cr |
| Reduced | UltraTech Cement Limited INE481G01011 | Cement & Cement Products | 150 | -650 | 0.05% | -0.14pp | ₹0.16 cr |
| — | GE Vernova T&D India Limited INE200A01026 | Electrical Equipment | 375 | — | 0.05% | +0.01pp | ₹0.16 cr |
| — | TUBE INVESTMENTS OF INDIA LTD INE974X01010 | Auto Components | 600 | — | 0.04% | +0.01pp | ₹0.14 cr |
| Reduced | Hindustan Zinc Limited INE267A01025 | Non - Ferrous Metals | 2,450 | -9,800 | 0.04% | -0.11pp | ₹0.14 cr |
| — | Prestige Estates Projects Limited INE811K01011 | Realty | 900 | — | 0.04% | +0.01pp | ₹0.13 cr |
| Reduced | DLF Limited INE271C01023 | Realty | 1,900 | -26,600 | 0.04% | -0.37pp | ₹0.13 cr |
| — | Container Corporation of India Limited INE111A01025 | Transport Services | 2,500 | — | 0.03% | +0.01pp | ₹0.11 cr |
| — | Computer Age Management Services Limited INE596I01020 | Capital Markets | 1,650 | — | 0.03% | +0.01pp | ₹0.11 cr |
| Reduced | ICICI Lombard General Insurance Company INE765G01017 | Insurance | 650 | -975 | 0.03% | -0.02pp | ₹0.1 cr |
| — | Apollo Hospitals Enterprise Limited INE437A01024 | Healthcare Services | 125 | — | 0.03% | +0.01pp | ₹0.1 cr |
| Reduced | AU Small Finance Bank Limited INE949L01017 | Banks | 1,000 | -17,000 | 0.03% | -0.38pp | ₹0.1 cr |
| Reduced | Dabur India Limited INE016A01026 | Personal Products | 2,500 | -5,000 | 0.03% | -0.03pp | ₹0.1 cr |
| — | Inox Wind Limited INE066P01011 | Electrical Equipment | 12,800 | — | 0.03% | +0.01pp | ₹0.09 cr |
| — | Bank of India INE084A01016 | Banks | 5,200 | — | 0.02% | +0.00pp | ₹0.07 cr |
| — | Fortis Healthcare Limited INE061F01013 | Healthcare Services | 775 | — | 0.02% | +0.00pp | ₹0.06 cr |
| Reduced | Coal India Limited INE522F01014 | Consumable Fuels | 1,350 | -35,100 | 0.02% | -0.29pp | ₹0.06 cr |
| — | Suzlon Energy Limited INE040H01021 | Electrical Equipment | 12,700 | — | 0.01% | +0.00pp | ₹0.05 cr |
| Exited | Max Financial Services Limited INE180A01020 | Insurance | — | -20,400 | — | -0.67pp | — |
| Exited | Tata Consultancy Services Limited INE467B01029 | IT - Software | — | -7,875 | — | -0.39pp | — |
| Exited | Muthoot Finance Limited INE414G01012 | Finance | — | -3,850 | — | -0.24pp | — |
| Exited | Tata Motors Passenger Vehicles Limited INE155A01022 | Automobiles | — | -33,600 | — | -0.22pp | — |
| Exited | Patanjali Foods Limited INE619A01035 | Agricultural Food & other Products | — | -29,025 | — | -0.21pp | — |
| Exited | Colgate Palmolive (India) Limited INE259A01022 | Personal Products | — | -4,950 | — | -0.19pp | — |
| Exited | Hero MotoCorp Limited INE158A01026 | Automobiles | — | -1,650 | — | -0.19pp | — |
| Exited | CG Power And Industrial Solutions Ltd INE067A01029 | Electrical Equipment | — | -6,800 | — | -0.13pp | — |
| Exited | ICICI Prudential Life Insurance Company INE726G01019 | Insurance | — | -9,250 | — | -0.10pp | — |
| Exited | UNO Minda Limited INE405E01023 | Auto Components | — | -2,200 | — | -0.06pp | — |
| Exited | Vishal Mega Mart Limited INE01EA01019 | Retailing | — | -24,250 | — | -0.06pp | — |
| Exited | GAIL (India) Limited INE129A01019 | Gas | — | -10,650 | — | -0.04pp | — |
| Exited | Rail Vikas Nigam Limited INE415G01027 | Construction | — | -7,700 | — | -0.03pp | — |
| Exited | 182 Days Treasury Bill 03-Sep-2026 IN002025Y487 | SOVEREIGN | — | -5,00,000 | — | -1.04pp | — |
| Exited | 364 Days Treasury Bill 04-Mar-2027 IN002025Z484 | SOVEREIGN | — | -5,00,000 | — | -1.01pp | — |
Cash & other
| The Clearing Corporation of India Ltd. 01-OCT-2026 | 7.36% | ₹25.05 cr |
| Net Receivable/Payable | 0.43% | ₹1.47 cr |