Jm Arbitrage Fund
Monthly portfolio · 14 months through May-2026
compared to Apr-2026
Holdings
115
Scheme AUM
₹369 cr
New
10
Exited
21
Increased
20
Reduced
21
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Increased | JM Financial Mutual Fund INF192K01CM6 | — | 25,73,838 | +6,59,468 | 5.30% | +1.35pp | ₹19.57 cr |
| — | HDFC Bank Limited INE040A01034 | Banks | 2,38,150 | — | 4.80% | -0.21pp | ₹17.73 cr |
| — | Kotak Mahindra Bank Limited INE237A01036 | Banks | 3,80,000 | — | 3.96% | -0.02pp | ₹14.6 cr |
| — | ICICI Bank Limited INE090A01021 | Banks | 1,09,200 | — | 3.72% | -0.04pp | ₹13.72 cr |
| — | Bharti Airtel Limited INE397D01024 | Telecom - Services | 70,775 | — | 3.51% | -0.13pp | ₹12.94 cr |
| Reduced | Vodafone Idea Limited INE669E01016 | Telecom - Services | 91,48,800 | -1,42,950 | 3.47% | +0.88pp | ₹12.8 cr |
| — | Tata Steel Limited INE081A01020 | Ferrous Metals | 5,50,000 | — | 3.10% | -0.07pp | ₹11.44 cr |
| Reduced | Multi Commodity Exchange of India Ltd. INE745G01043 | Capital Markets | 35,000 | -16,875 | 2.80% | -1.40pp | ₹10.34 cr |
| Increased | Eternal Limited INE758T01015 | Retailing | 3,71,025 | +12,125 | 2.52% | +0.10pp | ₹9.3 cr |
| Reduced | Reliance Industries Limited INE002A01018 | Petroleum Products | 66,500 | -4,000 | 2.38% | -0.37pp | ₹8.79 cr |
| — | Bharat Heavy Electricals Limited INE257A01026 | Electrical Equipment | 1,94,250 | — | 2.19% | +0.33pp | ₹8.1 cr |
| — | Yes Bank Ltd INE528G01035 | Banks | 31,72,200 | — | 1.99% | +0.27pp | ₹7.34 cr |
| Reduced | Adani Port & Special Economic Zone Ltd INE742F01042 | Transport Infrastructure | 39,900 | -17,575 | 1.95% | -0.65pp | ₹7.2 cr |
| Reduced | Adani Enterprises Limited INE423A01024 | Metals & Minerals Trading | 22,557 | -4,017 | 1.80% | +0.05pp | ₹6.63 cr |
| — | LIC Housing Finance Limited INE115A01026 | Finance | 1,05,000 | — | 1.52% | -0.07pp | ₹5.6 cr |
| Increased | NMDC Limited INE584A01023 | Minerals & Mining | 6,34,500 | +2,29,500 | 1.51% | +0.51pp | ₹5.58 cr |
| — | Lodha Developers Limited INE670K01029 | Realty | 58,500 | — | 1.49% | +0.05pp | ₹5.49 cr |
| — | 9.1% Shriram Finance Limited 18-MAR-2027** INE721A07RZ1 | CRISIL AAA | 5,00,000 | — | 1.36% | -0.02pp | ₹5.03 cr |
| — | 182 DTB 11-Jun-2026 IN002025Y370 | SOVEREIGN | 5,00,000 | — | 1.35% | -0.00pp | ₹4.99 cr |
| — | 182 Days Treasury Bill 09-Jul-2026 IN002025Y404 | SOVEREIGN | 5,00,000 | — | 1.35% | -0.00pp | ₹4.97 cr |
| — | 182 Days Treasury Bill 30-Jul-2026 IN002025Y438 | SOVEREIGN | 5,00,000 | — | 1.34% | -0.00pp | ₹4.96 cr |
| — | 364 DAYS T-BILL MAT 13 AUG 2026 IN002025Z203 | SOVEREIGN | 5,00,000 | — | 1.34% | -0.00pp | ₹4.95 cr |
| — | 182 Days Treasury Bill 03-Sep-2026 IN002025Y487 | SOVEREIGN | 5,00,000 | — | 1.34% | -0.00pp | ₹4.93 cr |
| Increased | JSW Steel Limited INE019A01038 | Ferrous Metals | 38,475 | +1,350 | 1.33% | +0.05pp | ₹4.92 cr |
| — | 364 Days Treasury Bill 06-Nov-2026 IN002025Z328 | SOVEREIGN | 5,00,000 | — | 1.32% | -0.00pp | ₹4.88 cr |
| Increased | Varun Beverages Limited INE200M01039 | Beverages | 88,875 | +79,875 | 1.27% | +1.15pp | ₹4.69 cr |
| — | Sammaan Capital Ltd. INE148I01020 | Finance | 2,62,300 | — | 1.26% | +0.22pp | ₹4.64 cr |
| — | Adani Energy Solutions Limited INE931S01010 | Power | 29,025 | — | 1.19% | +0.13pp | ₹4.39 cr |
| — | Bank of Baroda INE028A01039 | Banks | 1,49,175 | — | 1.09% | +0.01pp | ₹4.01 cr |
| Increased | Steel Authority of India Limited INE114A01011 | Ferrous Metals | 1,92,700 | +1,12,800 | 1.07% | +0.66pp | ₹3.94 cr |
| Increased | Larsen & Toubro Limited INE018A01030 | Construction | 9,450 | +700 | 1.04% | +0.09pp | ₹3.85 cr |
| Reduced | Titan Company Limited INE280A01028 | Consumer Durables | 9,450 | -1,575 | 1.04% | -0.27pp | ₹3.85 cr |
| Increased | Max Financial Services Limited INE180A01020 | Insurance | 20,400 | +400 | 0.93% | +0.06pp | ₹3.41 cr |
| — | Jio Financial Services Limited INE758E01017 | Finance | 1,41,000 | — | 0.91% | -0.03pp | ₹3.37 cr |
| Reduced | Mahindra & Mahindra Limited INE101A01026 | Automobiles | 11,000 | -3,000 | 0.91% | -0.27pp | ₹3.35 cr |
| — | Indus Towers Limited INE121J01017 | Telecom - Services | 71,400 | — | 0.86% | +0.06pp | ₹3.16 cr |
| Increased | Punjab National Bank INE160A01022 | Banks | 2,96,000 | +64,000 | 0.85% | +0.16pp | ₹3.14 cr |
| Increased | Bandhan Bank Limited INE545U01014 | Banks | 1,44,000 | +75,600 | 0.81% | +0.44pp | ₹3 cr |
| Increased | IDFC First Bank Limited INE092T01019 | Banks | 4,08,100 | +27,825 | 0.79% | +0.07pp | ₹2.91 cr |
| Increased | United Spirits Limited INE854D01024 | Beverages | 22,800 | +21,600 | 0.78% | +0.74pp | ₹2.9 cr |
| — | Axis Bank Limited INE238A01034 | Banks | 21,250 | — | 0.74% | +0.01pp | ₹2.73 cr |
| — | Bharat Electronics Limited INE263A01024 | Aerospace & Defense | 65,550 | — | 0.73% | -0.04pp | ₹2.69 cr |
| Reduced | State Bank of India INE062A01020 | Banks | 27,750 | -30,000 | 0.73% | -0.96pp | ₹2.68 cr |
| — | Grasim Industries Limited INE047A01021 | Cement & Cement Products | 7,750 | — | 0.66% | +0.07pp | ₹2.42 cr |
| Reduced | Maruti Suzuki India Limited INE585B01010 | Automobiles | 1,700 | -900 | 0.60% | -0.34pp | ₹2.23 cr |
| Increased | Eicher Motors Limited INE066A01021 | Automobiles | 3,100 | +2,500 | 0.60% | +0.49pp | ₹2.22 cr |
| — | The Indian Hotels Company Limited INE053A01029 | Leisure Services | 33,000 | — | 0.58% | +0.01pp | ₹2.16 cr |
| — | 182 Days Treasury Bill 17-Jul-2026 IN002025Y412 | SOVEREIGN | 2,00,000 | — | 0.54% | -0.00pp | ₹1.99 cr |
| — | RBL Bank Limited INE976G01028 | Banks | 57,150 | — | 0.53% | +0.01pp | ₹1.97 cr |
| — | Adani Green Energy Limited INE364U01010 | Power | 13,200 | — | 0.53% | +0.09pp | ₹1.95 cr |
| Increased | Canara Bank INE476A01022 | Banks | 1,48,500 | +27,000 | 0.53% | +0.08pp | ₹1.94 cr |
| — | Biocon Limited INE376G01013 | Pharmaceuticals & Biotechnology | 45,000 | — | 0.52% | +0.08pp | ₹1.93 cr |
| — | Info Edge (India) Limited INE663F01032 | Retailing | 18,750 | — | 0.51% | +0.01pp | ₹1.87 cr |
| — | HDFC Life Insurance Company Limited INE795G01014 | Insurance | 30,800 | — | 0.50% | +0.00pp | ₹1.83 cr |
| — | Adani Power Limited INE814H01029 | Power | 74,550 | — | 0.49% | +0.04pp | ₹1.81 cr |
| — | Shriram Finance Limited INE721A01047 | Finance | 18,975 | — | 0.49% | +0.00pp | ₹1.8 cr |
| Increased | Ambuja Cements Limited INE079A01024 | Cement & Cement Products | 35,700 | +5,250 | 0.43% | +0.06pp | ₹1.6 cr |
| Reduced | Crompton Greaves Consumer Electrical Ltd INE299U01018 | Consumer Durables | 55,800 | -7,200 | 0.43% | -0.04pp | ₹1.57 cr |
| — | Cipla Limited INE059A01026 | Pharmaceuticals & Biotechnology | 10,500 | — | 0.40% | +0.02pp | ₹1.47 cr |
| Reduced | DLF Limited INE271C01023 | Realty | 24,750 | -1,650 | 0.40% | -0.03pp | ₹1.46 cr |
| Reduced | Sun Pharmaceutical Industries Limited INE044A01036 | Pharmaceuticals & Biotechnology | 7,700 | -3,850 | 0.38% | -0.19pp | ₹1.39 cr |
| Increased | AU Small Finance Bank Limited INE949L01017 | Banks | 14,000 | +2,000 | 0.37% | +0.04pp | ₹1.38 cr |
| — | Glenmark Pharmaceuticals Limited INE935A01035 | Pharmaceuticals & Biotechnology | 6,000 | — | 0.37% | -0.02pp | ₹1.36 cr |
| — | Laurus Labs Limited INE947Q01028 | Pharmaceuticals & Biotechnology | 9,350 | — | 0.34% | +0.06pp | ₹1.27 cr |
| — | Patanjali Foods Limited INE619A01035 | Agricultural Food & other Products | 27,900 | — | 0.34% | -0.00pp | ₹1.27 cr |
| — | Manappuram Finance Limited INE522D01027 | Finance | 36,000 | — | 0.32% | +0.03pp | ₹1.17 cr |
| — | WAAREE ENERGIES LIMITED INE377N01017 | Electrical Equipment | 3,675 | — | 0.31% | +0.00pp | ₹1.15 cr |
| — | ITC Limited INE154A01025 | Diversified FMCG | 40,000 | — | 0.31% | -0.03pp | ₹1.15 cr |
| — | NBCC (India) Limited INE095N01031 | Construction | 1,10,500 | — | 0.30% | +0.02pp | ₹1.11 cr |
| Reduced | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | 9,800 | -8,400 | 0.30% | -0.22pp | ₹1.1 cr |
| New | Nuvama Wealth Management Limited INE531F01023 | Capital Markets | 7,000 | — | 0.29% | — | ₹1.09 cr |
| — | UPL Limited INE628A01036 | Fertilizers & Agrochemicals | 16,260 | — | 0.28% | -0.00pp | ₹1.05 cr |
| — | Godrej Properties Limited INE484J01027 | Realty | 5,775 | — | 0.28% | -0.01pp | ₹1.02 cr |
| Reduced | Divi's Laboratories Limited INE361B01024 | Pharmaceuticals & Biotechnology | 1,500 | -600 | 0.27% | -0.10pp | ₹1 cr |
| Increased | FSN E-Commerce Ventures Limited INE388Y01029 | Retailing | 37,500 | +3,125 | 0.27% | +0.02pp | ₹0.98 cr |
| — | ICICI Prudential Life Insurance Company INE726G01019 | Insurance | 19,425 | — | 0.27% | -0.01pp | ₹0.98 cr |
| New | Hitachi Energy India Limited INE07Y701011 | Electrical Equipment | 250 | — | 0.26% | — | ₹0.96 cr |
| New | TVS Motor Company Limited INE494B01023 | Automobiles | 2,800 | — | 0.25% | — | ₹0.94 cr |
| — | Bajaj Finserv Limited INE918I01026 | Finance | 5,250 | — | 0.25% | +0.00pp | ₹0.94 cr |
| Reduced | Asian Paints Limited INE021A01026 | Consumer Durables | 2,750 | -4,000 | 0.20% | -0.25pp | ₹0.73 cr |
| — | GMR Airports Limited INE776C01039 | Transport Infrastructure | 69,750 | — | 0.19% | +0.01pp | ₹0.7 cr |
| — | The Tata Power Company Limited INE245A01021 | Power | 15,950 | — | 0.18% | -0.01pp | ₹0.67 cr |
| Reduced | Max Healthcare Institute Limited INE027H01010 | Healthcare Services | 6,825 | -3,150 | 0.18% | -0.09pp | ₹0.66 cr |
| Reduced | KALYAN JEWELLERS INDIA LIMITED INE303R01014 | Consumer Durables | 17,625 | -22,325 | 0.17% | -0.28pp | ₹0.63 cr |
| Reduced | SBI Life Insurance Company Limited INE123W01016 | Insurance | 3,375 | -3,750 | 0.17% | -0.19pp | ₹0.62 cr |
| New | SWIGGY LIMITED INE00H001014 | Retailing | 22,100 | — | 0.15% | — | ₹0.57 cr |
| Increased | APL Apollo Tubes Limited INE702C01027 | Industrial Products | 2,800 | +1,750 | 0.14% | +0.08pp | ₹0.51 cr |
| — | NTPC Limited INE733E01010 | Power | 12,000 | — | 0.13% | -0.00pp | ₹0.46 cr |
| Increased | InterGlobe Aviation Limited INE646L01027 | Transport Services | 1,050 | +600 | 0.13% | +0.07pp | ₹0.46 cr |
| — | UltraTech Cement Limited INE481G01011 | Cement & Cement Products | 350 | — | 0.11% | -0.00pp | ₹0.4 cr |
| — | CG Power And Industrial Solutions Ltd INE067A01029 | Electrical Equipment | 4,250 | — | 0.11% | +0.01pp | ₹0.39 cr |
| New | Rail Vikas Nigam Limited INE415G01027 | Construction | 15,250 | — | 0.10% | — | ₹0.37 cr |
| — | Dabur India Limited INE016A01026 | Personal Products | 7,500 | — | 0.09% | -0.00pp | ₹0.33 cr |
| — | REC Limited INE020B01018 | Finance | 9,800 | — | 0.09% | -0.01pp | ₹0.33 cr |
| — | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | 750 | — | 0.09% | -0.00pp | ₹0.32 cr |
| New | Coforge Limited INE591G01025 | IT - Software | 2,250 | — | 0.09% | — | ₹0.32 cr |
| New | Amber Enterprises India Limited INE371P01015 | Consumer Durables | 400 | — | 0.08% | — | ₹0.3 cr |
| — | UNO Minda Limited INE405E01023 | Auto Components | 2,750 | — | 0.08% | -0.00pp | ₹0.3 cr |
| — | PNB Housing Finance Limited INE572E01012 | Finance | 2,600 | — | 0.07% | -0.00pp | ₹0.27 cr |
| Increased | Hindustan Unilever Limited INE030A01027 | Diversified FMCG | 1,200 | +300 | 0.07% | +0.01pp | ₹0.26 cr |
| — | Aurobindo Pharma Limited INE406A01037 | Pharmaceuticals & Biotechnology | 1,650 | — | 0.06% | +0.00pp | ₹0.24 cr |
| — | Hindustan Zinc Limited INE267A01025 | Non - Ferrous Metals | 3,675 | — | 0.06% | +0.00pp | ₹0.23 cr |
| New | Union Bank of India INE692A01016 | Banks | 13,275 | — | 0.06% | — | ₹0.22 cr |
| — | Prestige Estates Projects Limited INE811K01011 | Realty | 1,350 | — | 0.05% | -0.00pp | ₹0.18 cr |
| — | HDFC Asset Management Company Limited INE127D01025 | Capital Markets | 600 | — | 0.04% | -0.00pp | ₹0.16 cr |
| Reduced | Sona BLW Precision Forgings Limited INE073K01018 | Auto Components | 2,450 | -3,675 | 0.04% | -0.06pp | ₹0.15 cr |
| — | Hero MotoCorp Limited INE158A01026 | Automobiles | 300 | — | 0.04% | -0.00pp | ₹0.15 cr |
| — | Bharat Petroleum Corporation Limited INE029A01011 | Petroleum Products | 3,950 | — | 0.03% | -0.00pp | ₹0.12 cr |
| Reduced | Apollo Hospitals Enterprise Limited INE437A01024 | Healthcare Services | 125 | -125 | 0.03% | -0.02pp | ₹0.1 cr |
| New | Indian Energy Exchange Limited INE022Q01020 | Capital Markets | 7,500 | — | 0.03% | — | ₹0.1 cr |
| — | Cholamandalam Invest & Finance Co Ltd INE121A01024 | Finance | 625 | — | 0.03% | -0.00pp | ₹0.1 cr |
| — | Delhivery Limited INE148O01028 | Transport Services | 2,075 | — | 0.03% | -0.00pp | ₹0.09 cr |
| New | Bank of India INE084A01016 | Banks | 5,200 | — | 0.02% | — | ₹0.07 cr |
| Reduced | Bajaj Finance Limited INE296A01032 | Finance | 750 | -3,000 | 0.02% | -0.08pp | ₹0.07 cr |
| — | Inox Wind Limited INE066P01011 | Electrical Equipment | 7,150 | — | 0.02% | -0.00pp | ₹0.07 cr |
| Exited | Mankind Pharma Limited INE634S01028 | Pharmaceuticals & Biotechnology | — | -20,475 | — | -1.25pp | — |
| Exited | SBI Cards and Payment Services Limited INE018E01016 | Finance | — | -30,400 | — | -0.53pp | — |
| Exited | PERSISTENT SYSTEMS LTD INE262H01021 | IT - Software | — | -3,100 | — | -0.41pp | — |
| Exited | Britannia Industries Limited INE216A01030 | Food Products | — | -2,250 | — | -0.35pp | — |
| Exited | Trent Limited INE849A01020 | Retailing | — | -2,600 | — | -0.29pp | — |
| Exited | Dixon Technologies (India) Limited INE935N01020 | Consumer Durables | — | -850 | — | -0.26pp | — |
| Exited | Container Corporation of India Limited INE111A01025 | Transport Services | — | -15,000 | — | -0.21pp | — |
| Exited | GAIL (India) Limited INE129A01019 | Gas | — | -34,650 | — | -0.15pp | — |
| Exited | ABB India Limited INE117A01022 | Electrical Equipment | — | -750 | — | -0.15pp | — |
| Exited | Power Finance Corporation Limited INE134E01011 | Finance | — | -11,700 | — | -0.14pp | — |
| Exited | Power Grid Corporation of India Limited INE752E01010 | Power | — | -15,200 | — | -0.13pp | — |
| Exited | Oberoi Realty Limited INE093I01010 | Realty | — | -2,800 | — | -0.13pp | — |
| Exited | Nestle India Limited INE239A01024 | Food Products | — | -3,000 | — | -0.12pp | — |
| Exited | The Federal Bank Limited INE171A01029 | Banks | — | -15,000 | — | -0.12pp | — |
| Exited | Dr. Reddy's Laboratories Limited INE089A01031 | Pharmaceuticals & Biotechnology | — | -2,500 | — | -0.09pp | — |
| Exited | MphasiS Limited INE356A01018 | IT - Software | — | -1,375 | — | -0.09pp | — |
| Exited | Fortis Healthcare Limited INE061F01013 | Healthcare Services | — | -775 | — | -0.02pp | — |
| Exited | JSW Energy Limited INE121E01018 | Power | — | -1,000 | — | -0.02pp | — |
| Exited | Mazagon Dock Shipbuilders Limited INE249Z01020 | Industrial Manufacturing | — | -200 | — | -0.01pp | — |
| Exited | Tata Motors Passenger Vehicles Limited INE155A01022 | Automobiles | — | -800 | — | -0.01pp | — |
| Exited | 182 Days Treasury Bill 21-May-2026 IN002025Y347 | SOVEREIGN | — | -2,00,000 | — | -0.54pp | — |
Cash & other
| CCIL | 5.79% | ₹21.35 cr |
| Net Receivable/Payable | 0.82% | ₹3.02 cr |