NJ Arbitrage Fund
Monthly portfolio · 25 months through May-2026
compared to Apr-2026 · as on May 31, 2026
Holdings
75
Scheme AUM
₹271 cr
New
3
Exited
6
Increased
5
Reduced
6
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| — | Reliance Industries Limited INE002A01018 | Petroleum Products | 1,48,000 | — | 7.22% | -0.80pp | ₹19.55 cr |
| — | Bharti Airtel Limited INE397D01024 | Telecom - Services | 1,04,975 | — | 7.09% | -0.42pp | ₹19.2 cr |
| Reduced | Kotak Mahindra Bank Limited INE237A01036 | Banks | 4,50,000 | -28,000 | 6.39% | -0.56pp | ₹17.29 cr |
| Increased | Vodafone Idea Limited INE669E01016 | Telecom - Services | 1,10,07,150 | +20,01,300 | 5.69% | +2.20pp | ₹15.4 cr |
| Reduced | Sammaan Capital Limited INE148I01020 | Finance | 7,35,300 | -2,88,100 | 4.81% | -0.80pp | ₹13.02 cr |
| — | ICICI Bank Limited INE090A01021 | Banks | 87,500 | — | 4.06% | -0.13pp | ₹10.99 cr |
| Reduced | Mahindra & Mahindra Limited INE101A01026 | Automobiles | 35,600 | -2,000 | 4.01% | -0.41pp | ₹10.84 cr |
| — | Sun Pharmaceutical Industries Limited INE044A01036 | Pharmaceuticals & Biotechnology | 54,250 | — | 3.61% | -0.11pp | ₹9.76 cr |
| Increased | Adani Enterprises Limited INE423A01024 | Metals & Minerals Trading | 32,754 | +8,034 | 3.55% | +1.30pp | ₹9.62 cr |
| Reduced | HDFC Bank Limited INE040A01034 | Banks | 1,23,750 | -5,500 | 3.40% | -0.38pp | ₹9.21 cr |
| — | Biocon Limited INE376G01013 | Pharmaceuticals & Biotechnology | 1,42,500 | — | 2.26% | +0.31pp | ₹6.11 cr |
| — | 364 Days Tbill (MD 03/12/2026) IN002025Z369 | Sovereign | 6,18,100 | — | 2.22% | -0.05pp | ₹6.01 cr |
| — | Eicher Motors Limited INE066A01021 | Automobiles | 7,300 | — | 1.94% | -0.03pp | ₹5.24 cr |
| — | 182 Days Tbill (MD 08/10/2026) IN002026Y014 | Sovereign | 5,00,000 | — | 1.81% | -0.04pp | ₹4.9 cr |
| — | Bank of Baroda INE028A01039 | Banks | 1,78,425 | — | 1.77% | -0.01pp | ₹4.79 cr |
| New | Adani Power Limited INE814H01029 | Power | 1,88,150 | — | 1.69% | — | ₹4.58 cr |
| — | Bajaj Finance Limited INE296A01032 | Finance | 50,250 | — | 1.69% | -0.10pp | ₹4.56 cr |
| — | Eternal Limited INE758T01015 | Retailing | 1,62,475 | — | 1.50% | -0.02pp | ₹4.07 cr |
| Increased | UltraTech Cement Limited INE481G01011 | Cement & Cement Products | 3,400 | +250 | 1.44% | +0.06pp | ₹3.9 cr |
| — | Larsen & Toubro Limited INE018A01030 | Construction | 9,275 | — | 1.40% | -0.01pp | ₹3.78 cr |
| — | SBI Life Insurance Company Limited INE123W01016 | Insurance | 19,125 | — | 1.29% | -0.03pp | ₹3.5 cr |
| — | Yes Bank Limited INE528G01035 | Banks | 13,99,500 | — | 1.20% | +0.14pp | ₹3.24 cr |
| — | Steel Authority of India Limited INE114A01011 | Ferrous Metals | 1,55,100 | — | 1.17% | +0.09pp | ₹3.17 cr |
| — | 91 Days Tbill (MD 30/07/2026) IN002026X040 | Sovereign | 3,00,000 | — | 1.10% | -0.02pp | ₹2.97 cr |
| — | 182 Days Tbill (MD 27/08/2026) IN002025Y479 | Sovereign | 3,00,000 | — | 1.09% | -0.02pp | ₹2.96 cr |
| — | 364 Days Tbill (MD 02/10/2026) IN002025Z278 | Sovereign | 3,00,000 | — | 1.09% | -0.02pp | ₹2.94 cr |
| Reduced | Titan Company Limited INE280A01028 | Consumer Durables | 7,175 | -175 | 1.08% | -0.14pp | ₹2.92 cr |
| — | 364 Days Tbill (MD 25/02/2027) IN002025Z476 | Sovereign | 3,00,000 | — | 1.06% | -0.03pp | ₹2.87 cr |
| — | 364 Days Tbill (MD 19/03/2027) IN002025Z500 | Sovereign | 3,00,000 | — | 1.06% | -0.03pp | ₹2.87 cr |
| — | Grasim Industries Limited INE047A01021 | Cement & Cement Products | 8,500 | — | 0.98% | +0.08pp | ₹2.65 cr |
| — | Tata Steel Limited INE081A01020 | Ferrous Metals | 1,26,500 | — | 0.97% | -0.04pp | ₹2.63 cr |
| Increased | Punjab National Bank INE160A01022 | Banks | 2,48,000 | +80,000 | 0.97% | +0.28pp | ₹2.63 cr |
| — | 364 Days Tbill (MD 09/07/2026) IN002025Z153 | Sovereign | 2,50,000 | — | 0.92% | -0.02pp | ₹2.49 cr |
| — | Bandhan Bank Limited INE545U01014 | Banks | 1,18,800 | — | 0.91% | +0.01pp | ₹2.47 cr |
| — | ITC Limited INE154A01025 | Diversified FMCG | 76,800 | — | 0.81% | -0.10pp | ₹2.2 cr |
| — | Maruti Suzuki India Limited INE585B01010 | Automobiles | 1,650 | — | 0.80% | -0.03pp | ₹2.17 cr |
| — | NMDC Limited INE584A01023 | Minerals & Mining | 2,43,000 | — | 0.79% | -0.04pp | ₹2.14 cr |
| — | Ambuja Cements Limited INE079A01024 | Cement & Cement Products | 47,250 | — | 0.78% | -0.01pp | ₹2.12 cr |
| — | Axis Bank Limited INE238A01034 | Banks | 14,375 | — | 0.68% | -0.01pp | ₹1.85 cr |
| — | Exide Industries Limited INE302A01020 | Auto Components | 39,600 | — | 0.57% | +0.02pp | ₹1.53 cr |
| — | Dabur India Limited INE016A01026 | Personal Products | 32,500 | — | 0.53% | -0.01pp | ₹1.44 cr |
| — | NTPC Limited INE733E01010 | Power | 36,000 | — | 0.51% | -0.03pp | ₹1.39 cr |
| — | Tata Power Company Limited INE245A01021 | Power | 31,900 | — | 0.50% | -0.04pp | ₹1.34 cr |
| — | IDFC First Bank Limited INE092T01019 | Banks | 1,66,950 | — | 0.44% | -0.00pp | ₹1.19 cr |
| — | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | 2,700 | — | 0.43% | -0.01pp | ₹1.16 cr |
| — | One 97 Communications Limited INE982J01020 | Financial Technology (Fintech) | 10,150 | — | 0.42% | -0.00pp | ₹1.14 cr |
| Reduced | United Spirits Limited INE854D01024 | Beverages | 8,800 | -7,200 | 0.41% | -0.39pp | ₹1.12 cr |
| New | 8.24% Government of India (15/02/2027) IN0020060078 | Sovereign | 1,00,000 | — | 0.38% | — | ₹1.02 cr |
| — | LIC Housing Finance Limited INE115A01026 | Finance | 19,000 | — | 0.37% | -0.03pp | ₹1.01 cr |
| — | 182 Days Tbill (MD 21/08/2026) IN002025Y461 | Sovereign | 1,00,000 | — | 0.36% | -0.01pp | ₹0.99 cr |
| Increased | HDFC Life Insurance Company Limited INE795G01014 | Insurance | 16,500 | +15,400 | 0.36% | +0.34pp | ₹0.98 cr |
| New | 364 Days Tbill (MD 04/03/2027) IN002025Z484 | Sovereign | 1,00,000 | — | 0.35% | — | ₹0.96 cr |
| — | Indus Towers Limited INE121J01017 | Telecom - Services | 20,400 | — | 0.33% | +0.02pp | ₹0.9 cr |
| — | Jio Financial Services Limited INE758E01017 | Finance | 37,600 | — | 0.33% | -0.02pp | ₹0.9 cr |
| — | Crompton Greaves Consumer Electricals Limited INE299U01018 | Consumer Durables | 27,000 | — | 0.28% | +0.00pp | ₹0.76 cr |
| — | Indian Energy Exchange Limited INE022Q01020 | Capital Markets | 56,250 | — | 0.27% | -0.00pp | ₹0.72 cr |
| — | 10.18% Government of India (11/09/2026) IN0020010081 | Sovereign | 69,000 | — | 0.26% | -0.01pp | ₹0.7 cr |
| — | Laurus Labs Limited INE947Q01028 | Pharmaceuticals & Biotechnology | 4,250 | — | 0.21% | +0.04pp | ₹0.58 cr |
| — | Power Grid Corporation of India Limited INE752E01010 | Power | 15,200 | — | 0.16% | -0.02pp | ₹0.44 cr |
| — | Asian Paints Limited INE021A01026 | Consumer Durables | 1,250 | — | 0.12% | +0.01pp | ₹0.33 cr |
| — | RBL Bank Limited INE976G01028 | Banks | 9,525 | — | 0.12% | -0.00pp | ₹0.33 cr |
| — | GMR Airports Limited INE776C01039 | Transport Infrastructure | 27,900 | — | 0.10% | +0.00pp | ₹0.28 cr |
| — | Solar Industries India Limited INE343H01029 | Chemicals & Petrochemicals | 150 | — | 0.10% | +0.01pp | ₹0.27 cr |
| — | IndusInd Bank Limited INE095A01012 | Banks | 2,800 | — | 0.09% | -0.00pp | ₹0.26 cr |
| — | Godrej Properties Limited INE484J01027 | Realty | 1,375 | — | 0.09% | -0.01pp | ₹0.24 cr |
| — | Pidilite Industries Limited INE318A01026 | Chemicals & Petrochemicals | 1,500 | — | 0.08% | +0.00pp | ₹0.22 cr |
| — | Bharat Electronics Limited INE263A01024 | Aerospace & Defense | 4,275 | — | 0.06% | -0.01pp | ₹0.18 cr |
| — | DLF Limited INE271C01023 | Realty | 2,475 | — | 0.05% | -0.00pp | ₹0.15 cr |
| — | Bharat Heavy Electricals Limited INE257A01026 | Electrical Equipment | 2,625 | — | 0.04% | +0.01pp | ₹0.11 cr |
| — | Max Healthcare Institute Limited INE027H01010 | Healthcare Services | 1,050 | — | 0.04% | -0.00pp | ₹0.1 cr |
| — | Bajaj Finserv Limited INE918I01026 | Finance | 500 | — | 0.03% | -0.00pp | ₹0.09 cr |
| — | UPL Limited INE628A01036 | Fertilizers & Agrochemicals | 1,355 | — | 0.03% | -0.00pp | ₹0.09 cr |
| — | JSW Steel Limited INE019A01038 | Ferrous Metals | 675 | — | 0.03% | -0.00pp | ₹0.09 cr |
| — | Hero MotoCorp Limited INE158A01026 | Automobiles | 150 | — | 0.03% | -0.00pp | ₹0.07 cr |
| — | Tata Motors Passenger Vehicles Limited INE155A01022 | Automobiles | 800 | — | 0.01% | +0.00pp | ₹0.03 cr |
| Exited | Multi Commodity Exchange of India Limited INE745G01043 | Capital Markets | — | -3,750 | — | -0.42pp | — |
| Exited | Hindustan Unilever Limited INE030A01027 | Diversified FMCG | — | -3,300 | — | -0.28pp | — |
| Exited | GAIL (India) Limited INE129A01019 | Gas | — | -22,050 | — | -0.14pp | — |
| Exited | Cipla Limited INE059A01026 | Pharmaceuticals & Biotechnology | — | -750 | — | -0.04pp | — |
| Exited | 182 Days Tbill (MD 08/05/2026) IN002025Y321 | Sovereign | — | -5,00,000 | — | -1.89pp | — |
| Exited | 91 Days Tbill (MD 07/05/2026) IN002025X448 | Sovereign | — | -2,50,000 | — | -0.95pp | — |
Cash & other
| Clearing Corporation of India Ltd | 1.96% | ₹5.3 cr |
| Net Receivables / (Payables) | 3.19% | ₹8.64 cr |