NJ Arbitrage Fund
Monthly portfolio · 24 months through Sep-2026
compared to Aug-2026 · as on September 30, 2026
Holdings
71
Scheme AUM
₹234 cr
New
4
Exited
4
Increased
3
Reduced
4
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Reduced | Kotak Mahindra Bank Limited INE237A01036 | Banks | 4,00,000 | -50,000 | 7.11% | -0.80pp | ₹16.68 cr |
| — | Reliance Industries Limited INE002A01018 | Petroleum Products | 1,28,000 | — | 6.48% | -0.37pp | ₹15.19 cr |
| — | Vodafone Idea Limited INE669E01016 | Telecom - Services | 1,10,07,150 | — | 6.08% | -0.53pp | ₹14.25 cr |
| Reduced | Bharti Airtel Limited INE397D01024 | Telecom - Services | 76,475 | -15,675 | 5.73% | -1.27pp | ₹13.44 cr |
| Increased | HDFC Bank Limited INE040A01034 | Banks | 1,83,950 | +73,450 | 5.56% | +2.28pp | ₹13.04 cr |
| — | Sun Pharmaceutical Industries Limited INE044A01036 | Pharmaceuticals & Biotechnology | 54,250 | — | 4.20% | -0.31pp | ₹9.86 cr |
| — | Adani Enterprises Limited INE423A01024 | Metals & Minerals Trading | 32,754 | — | 4.06% | +0.13pp | ₹9.51 cr |
| Increased | ICICI Bank Limited INE090A01021 | Banks | 60,900 | +14,700 | 3.43% | +0.62pp | ₹8.05 cr |
| — | Canara Bank INE476A01022 | Banks | 6,21,000 | — | 3.16% | -0.14pp | ₹7.42 cr |
| — | 364 Days Tbill (MD 03/12/2026) IN002025Z369 | Sovereign | 6,18,100 | — | 2.61% | +0.06pp | ₹6.12 cr |
| Increased | 364 Days Tbill (MD 29/10/2026) IN002025Z310 | Sovereign | 6,00,000 | +3,00,000 | 2.55% | +1.30pp | ₹5.98 cr |
| — | 182 Days Tbill (MD 08/10/2026) IN002026Y014 | Sovereign | 5,00,000 | — | 2.13% | +0.04pp | ₹5 cr |
| — | UltraTech Cement Limited INE481G01011 | Cement & Cement Products | 4,450 | — | 2.08% | -0.06pp | ₹4.88 cr |
| — | ITC Limited INE154A01025 | Diversified FMCG | 1,81,125 | — | 2.03% | +0.09pp | ₹4.76 cr |
| — | Biocon Limited INE376G01013 | Pharmaceuticals & Biotechnology | 1,27,500 | — | 2.01% | -0.19pp | ₹4.72 cr |
| — | Mahindra & Mahindra Limited INE101A01026 | Automobiles | 14,800 | — | 1.86% | -0.17pp | ₹4.37 cr |
| — | Adani Power Limited INE814H01029 | Power | 1,88,150 | — | 1.64% | +0.08pp | ₹3.84 cr |
| — | Bank of Baroda INE028A01039 | Banks | 1,63,800 | — | 1.61% | -0.03pp | ₹3.78 cr |
| — | Bajaj Finance Limited INE296A01032 | Finance | 39,000 | — | 1.60% | -0.13pp | ₹3.74 cr |
| — | Axis Bank Limited INE238A01034 | Banks | 28,125 | — | 1.47% | -0.06pp | ₹3.45 cr |
| — | State Bank of India INE062A01020 | Banks | 34,500 | — | 1.41% | -0.12pp | ₹3.31 cr |
| — | SBI Life Insurance Company Limited INE123W01016 | Insurance | 19,125 | — | 1.38% | -0.01pp | ₹3.24 cr |
| — | Tata Steel Limited INE081A01020 | Ferrous Metals | 1,65,000 | — | 1.30% | +0.02pp | ₹3.04 cr |
| — | 364 Days Tbill (MD 02/10/2026) IN002025Z278 | Sovereign | 3,00,000 | — | 1.28% | +0.03pp | ₹3 cr |
| — | Yes Bank Limited INE528G01035 | Banks | 13,99,500 | — | 1.25% | -0.09pp | ₹2.93 cr |
| — | 364 Days Tbill (MD 25/02/2027) IN002025Z476 | Sovereign | 3,00,000 | — | 1.25% | +0.03pp | ₹2.93 cr |
| — | 364 Days Tbill (MD 19/03/2027) IN002025Z500 | Sovereign | 3,00,000 | — | 1.25% | +0.03pp | ₹2.92 cr |
| — | Steel Authority of India Limited INE114A01011 | Ferrous Metals | 1,55,100 | — | 1.20% | -0.07pp | ₹2.81 cr |
| — | Eicher Motors Limited INE066A01021 | Automobiles | 3,900 | — | 1.19% | -0.11pp | ₹2.79 cr |
| — | 91 Days Tbill (MD 01/10/2026) IN002026X131 | Sovereign | 2,00,000 | — | 0.85% | +0.02pp | ₹2 cr |
| New | Coforge Limited INE591G01025 | IT - Software | 11,400 | — | 0.85% | — | ₹1.99 cr |
| New | 182 Days Tbill (MD 19/11/2026) IN002026Y071 | Sovereign | 2,00,000 | — | 0.85% | — | ₹1.99 cr |
| — | Larsen & Toubro Limited INE018A01030 | Construction | 5,250 | — | 0.84% | -0.05pp | ₹1.97 cr |
| New | 364 Days Tbill (MD 07/01/2027) IN002025Z401 | Sovereign | 2,00,000 | — | 0.84% | — | ₹1.97 cr |
| — | Asian Paints Limited INE021A01026 | Consumer Durables | 7,500 | — | 0.77% | -0.07pp | ₹1.8 cr |
| — | Bandhan Bank Limited INE545U01014 | Banks | 1,00,800 | — | 0.77% | +0.08pp | ₹1.8 cr |
| — | Ambuja Cements Limited INE079A01024 | Cement & Cement Products | 48,000 | — | 0.77% | -0.04pp | ₹1.8 cr |
| — | Infosys Limited INE009A01021 | IT - Software | 16,400 | — | 0.70% | -0.08pp | ₹1.63 cr |
| — | NTPC Limited INE733E01010 | Power | 49,500 | — | 0.68% | +0.00pp | ₹1.6 cr |
| — | IDFC First Bank Limited INE092T01019 | Banks | 1,66,950 | — | 0.58% | -0.02pp | ₹1.36 cr |
| — | 8.24% Government of India (15/02/2027) IN0020060078 | Sovereign | 1,30,000 | — | 0.56% | +0.01pp | ₹1.31 cr |
| — | Tata Power Company Limited INE245A01021 | Power | 31,900 | — | 0.49% | +0.02pp | ₹1.15 cr |
| — | Indian Energy Exchange Limited INE022Q01020 | Capital Markets | 1,04,400 | — | 0.48% | -0.05pp | ₹1.12 cr |
| — | Pidilite Industries Limited INE318A01026 | Chemicals & Petrochemicals | 7,500 | — | 0.47% | -0.06pp | ₹1.1 cr |
| — | LIC Housing Finance Limited INE115A01026 | Finance | 19,000 | — | 0.43% | +0.00pp | ₹1.01 cr |
| Reduced | Dabur India Limited INE016A01026 | Personal Products | 26,250 | -12,500 | 0.43% | -0.19pp | ₹1 cr |
| — | Punjab National Bank INE160A01022 | Banks | 88,000 | — | 0.42% | +0.00pp | ₹0.99 cr |
| — | 364 Days Tbill (MD 04/03/2027) IN002025Z484 | Sovereign | 1,00,000 | — | 0.42% | +0.01pp | ₹0.98 cr |
| — | HDFC Life Insurance Company Limited INE795G01014 | Insurance | 16,500 | — | 0.37% | -0.01pp | ₹0.86 cr |
| — | Jio Financial Services Limited INE758E01017 | Finance | 37,600 | — | 0.35% | -0.03pp | ₹0.82 cr |
| — | Tata Motors Passenger Vehicles Limited INE155A01022 | Automobiles | 27,200 | — | 0.33% | -0.02pp | ₹0.77 cr |
| — | Divi's Laboratories Limited INE361B01024 | Pharmaceuticals & Biotechnology | 700 | — | 0.28% | -0.00pp | ₹0.65 cr |
| — | Indus Towers Limited INE121J01017 | Telecom - Services | 17,000 | — | 0.27% | -0.01pp | ₹0.63 cr |
| — | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | 1,350 | — | 0.27% | -0.00pp | ₹0.63 cr |
| — | Grasim Industries Limited INE047A01021 | Cement & Cement Products | 2,000 | — | 0.26% | -0.02pp | ₹0.61 cr |
| — | Crompton Greaves Consumer Electricals Limited INE299U01018 | Consumer Durables | 27,950 | — | 0.25% | -0.03pp | ₹0.58 cr |
| — | United Spirits Limited INE854D01024 | Beverages | 3,600 | — | 0.21% | -0.02pp | ₹0.49 cr |
| — | Power Grid Corporation of India Limited INE752E01010 | Power | 15,200 | — | 0.17% | +0.00pp | ₹0.4 cr |
| — | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | 3,500 | — | 0.14% | -0.01pp | ₹0.33 cr |
| — | Tata Consumer Products Limited INE192A01025 | Agricultural Food & other Products | 3,300 | — | 0.13% | -0.01pp | ₹0.31 cr |
| — | Solar Industries India Limited INE343H01029 | Chemicals & Petrochemicals | 150 | — | 0.13% | -0.00pp | ₹0.3 cr |
| — | GMR Airports Limited INE776C01039 | Transport Infrastructure | 27,900 | — | 0.11% | +0.00pp | ₹0.27 cr |
| — | Godrej Properties Limited INE484J01027 | Realty | 1,625 | — | 0.11% | -0.02pp | ₹0.26 cr |
| Reduced | One 97 Communications Limited INE982J01020 | Financial Technology (Fintech) | 1,450 | -8,700 | 0.10% | -0.63pp | ₹0.24 cr |
| — | InterGlobe Aviation Limited INE646L01027 | Transport Services | 450 | — | 0.10% | -0.00pp | ₹0.22 cr |
| — | Torrent Pharmaceuticals Limited INE685A01028 | Pharmaceuticals & Biotechnology | 375 | — | 0.08% | -0.00pp | ₹0.18 cr |
| — | Titan Company Limited INE280A01028 | Consumer Durables | 350 | — | 0.07% | -0.01pp | ₹0.16 cr |
| — | SBI Cards and Payment Services Limited INE018E01016 | Finance | 1,600 | — | 0.04% | -0.00pp | ₹0.09 cr |
| — | JSW Steel Limited INE019A01038 | Ferrous Metals | 675 | — | 0.04% | -0.00pp | ₹0.08 cr |
| New | Shriram Finance Limited INE721A01047 | Finance | 825 | — | 0.03% | — | ₹0.08 cr |
| — | UPL Limited INE628A01036 | Fertilizers & Agrochemicals | 1,355 | — | 0.03% | -0.00pp | ₹0.07 cr |
| Exited | CG Power and Industrial Solutions Limited INE067A01029 | Electrical Equipment | — | -1,700 | — | -0.07pp | — |
| Exited | Max Healthcare Institute Limited INE027H01010 | Healthcare Services | — | -1,050 | — | -0.05pp | — |
| Exited | DLF Limited INE271C01023 | Realty | — | -950 | — | -0.03pp | — |
| Exited | 10.18% Government of India (11/09/2026) IN0020010081 | Sovereign | — | -69,000 | — | -0.29pp | — |
Cash & other
| Clearing Corporation of India Ltd | 4.18% | ₹9.8 cr |
| Net Receivables / (Payables) | 0.87% | ₹2.05 cr |