Scheme

ICICI Prudential Arbitrage Fund

Holds 182 companies worth ₹25,312 Cr in Sept 2026.

Fund house
ICICIThe fund house that runs this scheme.
AUM
₹35,576 CrICICI Prudential Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 2.1% on Aug 2026, ₹34,850 Cr.
Largest holding
Reliance IndustriesReliance Industries is 4.4% of this scheme's NAV.
Fund manager
Nikhil KabraRuns its co-manager part since 1 Jan 2021, as the fund house dates it. With Archana Nair (co-manager), Ajaykumar Solanki (co-manager), Darshil Dedhia (co-manager).

Holdings^{(Jan 2013 – Sept 2026)}

Holdings in Sept 2026. Tick up to 2 to plot them.
Plot	182 companies ·	₹ Cr
	Reliance Industries	1,581
	HDFC Bank	1,196
	Idea Cellular	1,063
	Axis Bank	1,047
	State Bank of India	834
	Bharti Airtel Limited	725
	Coal India	587
	Bajaj Finance Limited	580
	Power Finance Corporation	536
	Tata Steel Limited	523
	APL Apollo Tubes	486
	Bharat Heavy Electricals	480
	Adani Energy Solutions Limited	467
	Cummins India	446
	Canara Bank	438
	Adani Power Limited	391
	Jio Financial Services Limited	382
	Adani Green Energy Limited	346
	Indian Hotels Co	342
	Infosys	340
	JSW Steel	328
	Varun Beverages Limited	324
	Bharat Electronics	317
	Multi Commodity Exchange of India Limited	317
	Ambuja Cement	303
	STEEL AUTHORITY INDIA LTD	297
	ITC	270
	Divi s Laboratories Limited	267
	NMDC	267
	Glenmark Pharmaceuticals	246
	IDFC Bank Limited	245
	Punjab National Bank	244
	Adani Enterprises	224
	MARUTI SUZUKI INDA LIMITED	216
	ICICI Bank	210
	Manappuram Finance Limited	202
	Mahindra and Mahindra Limited	184
	LIC of India Ltd	183
	Lupin	181
	Larsen and Toubro	174
	Kotak Mahindra Bank Limited	172
	KEI Industries Limited	166
	Hindalco Industries	164
	HDFC Asset Management Co Ltd	163
	Bandhan Bank Limited	163
	Tata Motors	148
	United Phosphorous	138
	Marico	138
	Hindustan Unilever	138
	Coforge Limited	133

Reliance Industries
HDFC Bank

Market value of each ticked company in ICICI Prudential Arbitrage Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	Reliance Industries	HDFC Bank
Sept 2025	₹1,279 Cr	₹1,573 Cr
Oct 2025	₹1,244 Cr	₹1,534 Cr
Nov 2025	₹897 Cr	₹1,443 Cr
Dec 2025	₹598 Cr	₹1,677 Cr
Jan 2026	₹815 Cr	₹1,684 Cr
Feb 2026	₹614 Cr	₹1,758 Cr
Mar 2026	₹389 Cr	₹1,702 Cr
Apr 2026	₹823 Cr	₹1,129 Cr
May 2026	₹1,129 Cr	₹1,259 Cr
Jun 2026	₹1,331 Cr	₹1,281 Cr
Jul 2026	₹1,234 Cr	₹805 Cr
Aug 2026	₹1,401 Cr	₹1,138 Cr
Sept 2026	₹1,581 Cr	₹1,196 Cr

Fig. 1.Market value of each ticked company in ICICI Prudential Arbitrage Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Allocation^{(Sept 2026)}

Market cap

		% of NAV
Large Cap	89	52.71

Mid Cap	72	14.69

Small Cap	20	2.24

Other equity	1	1.47

Cash & others		28.89

Sectors

Companies

Fig. 2.This scheme's holdings, by market cap, by sector and by company. Hover a slice or a row; click a slice to open it.

Buying and selling, month by month^{(Oct 2025 – Sept 2026)}

Buying and selling, month by month. Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Fig. 3.Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Portfolio^{(Sept 2026)}

Every holding in Sept 2026: its shares, market value (₹ crore) and % of NAV. Month end. Source: AMC monthly portfolio disclosures. Click a column's header to sort by it.

Reliance Industries	Equity	Petroleum Products	1.33Cr	1,581	4.44
HDFC Bank	Equity	Banks	1.69Cr	1,196	3.36
Idea Cellular	Equity	Telecom - Services	82.1Cr	1,063	2.99
Axis Bank	Equity	Banks	85.4L	1,047	2.94
State Bank of India	Equity	Banks	87L	834	2.35
Bharti Airtel Limited	Equity	Telecom - Services	41.3L	725	2.04
Coal India	Equity	Consumable Fuels	1.38Cr	587	1.65
Bajaj Finance Limited	Equity	Finance	60.5L	580	1.63
Power Finance Corporation	Equity	Finance	1.65Cr	536	1.51
Tata Steel Limited	Rights	Ferrous Metals	2.84Cr	523	1.47
APL Apollo Tubes	Equity	Industrial Products	22.2L	486	1.37
Bharat Heavy Electricals	Equity	Electrical Equipment	1.16Cr	480	1.35
Adani Energy Solutions Limited	Equity	Power	35.5L	467	1.31
Cummins India	Equity	Industrial Products	9.37L	446	1.25
Canara Bank	Equity	Banks	3.67Cr	438	1.23
Adani Power Limited	Equity	Power	1.92Cr	391	1.10
Jio Financial Services Limited	Equity	Finance	1.76Cr	382	1.07
Adani Green Energy Limited	Equity	Power	27.1L	346	0.97
Indian Hotels Co	Equity	Leisure Services	47L	342	0.96
Infosys	Equity	IT - Software	34.2L	340	0.96
JSW Steel	Equity	Ferrous Metals	26.1L	328	0.92
Varun Beverages Limited	Equity	Beverages	75.1L	324	0.91
Bharat Electronics	Equity	Aerospace & Defense	81.6L	317	0.89
Multi Commodity Exchange of India Limited	Equity	Capital Markets	9.59L	317	0.89
Ambuja Cement	Equity	Cement & Cement Products	81L	303	0.85
STEEL AUTHORITY INDIA LTD	Equity	Ferrous Metals	1.64Cr	297	0.84
ITC	Equity	Diversified FMCG	1.03Cr	270	0.76
Divi s Laboratories Limited	Equity	Pharmaceuticals & Biotechnology	2.87L	267	0.75
NMDC	Equity	Minerals & Mining	3.49Cr	267	0.75
Glenmark Pharmaceuticals	Equity	Pharmaceuticals & Biotechnology	10.5L	246	0.69
IDFC Bank Limited	Equity	Banks	3Cr	245	0.69
Punjab National Bank	Equity	Banks	2.16Cr	244	0.69
Adani Enterprises	Equity	Metals & Minerals Trading	7.7L	224	0.63
MARUTI SUZUKI INDA LIMITED	Equity	Automobiles	1.81L	216	0.61
ICICI Bank	Equity	Banks	15.9L	210	0.59
Manappuram Finance Limited	Equity	Finance	63.9L	202	0.57
Mahindra and Mahindra Limited	Equity	Automobiles	6.22L	184	0.52
LIC of India Ltd	Equity	Insurance	46.4L	183	0.52
Lupin	Equity	Pharmaceuticals & Biotechnology	8.94L	181	0.51
Larsen and Toubro	Equity	Construction	4.62L	174	0.49
Kotak Mahindra Bank Limited	Equity	Banks	41.1L	172	0.48
KEI Industries Limited	Equity	Industrial Products	3.72L	166	0.47
Hindalco Industries	Equity	Non - Ferrous Metals	17.4L	164	0.46
HDFC Asset Management Co Ltd	Equity	Capital Markets	7.15L	163	0.46
Bandhan Bank Limited	Equity	Banks	91.4L	163	0.46
Tata Motors	Equity	Automobiles	52.2L	148	0.42
United Phosphorous	Equity	Fertilizers & Agrochemicals	25.6L	138	0.39
Marico	Equity	Agricultural Food & other Products	17.6L	138	0.39
Hindustan Unilever	Equity	Diversified FMCG	7.34L	138	0.39
Coforge Limited	Equity	IT - Software	7.6L	133	0.37
Tata Power Co	Equity	Power	36.9L	132	0.37
Bank of Baroda	Equity	Banks	57.4L	132	0.37
NTPC	Equity	Power	40.7L	131	0.37
Motherson Sumi Systems	Equity	Auto Components	80.3L	131	0.37
Eicher Motors	Equity	Automobiles	1.81L	129	0.36
Yes Bank Limited	Equity	Banks	6.01Cr	126	0.35
Jindal Steel and Power Limited	Equity	Ferrous Metals	10.9L	124	0.35
Biocon	Equity	Pharmaceuticals & Biotechnology	33L	122	0.34
Federal Bank	Equity	Banks	38.5L	122	0.34
Bharti Infratel	Equity	Telecom - Services	31.5L	117	0.33
Patanjali Foods Limited	Equity	Agricultural Food & other Products	31.9L	116	0.33
Crompton Greaves Cons Electrical Ltd	Equity	Consumer Durables	54.9L	114	0.32
JSW Energy	Equity	Power	23L	114	0.32
Muthoot Finance Limited	Equity	Finance	4.12L	113	0.32
Hindustan Petroleum Corp Ltd	Equity	Petroleum Products	31.5L	110	0.31
Bajaj Finserv Limited	Equity	Finance	6.38L	110	0.31
Titan Co Ltd	Equity	Consumer Durables	2.37L	109	0.31
Tata Consultancy Services	Equity	IT - Software	5.27L	108	0.30
UltraTech Cement Limited	Equity	Cement & Cement Products	96.8K	106	0.30
Indian Oil Corp Ltd	Equity	Petroleum Products	77.7L	105	0.29
Apollo Hospitals Enterprise Limited	Equity	Healthcare Services	1.27L	103	0.29
Alkem Laboratories Limited	Equity	Pharmaceuticals & Biotechnology	1.99L	103	0.29
Swiggy Limited	Equity	Retailing	36.1L	90.3	0.25
Shriram Finance Limited	Equity	Finance	9.15L	89.9	0.25
Container Corporation of India Limited	Equity	Transport Services	19.8L	88.6	0.25
IndusInd Bank	Equity	Banks	9.76L	88	0.25
Fortis Healthcare Limited	Equity	Healthcare Services	11.2L	86.1	0.24
Tech Mahindra	Equity	IT - Software	5.6L	85.4	0.24
LIC Housing Finance	Equity	Finance	16L	85	0.24
Hindustan Aeronautics Limited	Equity	Aerospace & Defense	1.8L	84.2	0.24
Aurobindo Pharma	Equity	Pharmaceuticals & Biotechnology	4.99L	83.5	0.23
TVS Motor Co Ltd	Equity	Automobiles	2.01L	82.5	0.23
Sun Pharmaceutical Ind Ltd	Equity	Pharmaceuticals & Biotechnology	4.54L	82.4	0.23
Max Financial Services Limited	Equity	Insurance	5.9L	81	0.23
Solar Industries India	Equity	Chemicals & Petrochemicals	40.4K	79.5	0.22
Hitachi Energy India Limited	Equity	Electrical Equipment	25.9K	79.3	0.22
Torrent Pharmaceuticals Limited	Equity	Pharmaceuticals & Biotechnology	1.55L	74.5	0.21
GMR Airport Ltd	Equity	Transport Infrastructure	78L	74.2	0.21
Cipla	Equity	Pharmaceuticals & Biotechnology	5.16L	69.5	0.20
HCL Technologies	Equity	IT - Software	5.23L	64.4	0.18
Eternal Limited	Equity	Retailing	19.3L	61.9	0.17
AU Small Finance Bank Limited	Equity	Banks	5.96L	60.2	0.17
Delhivery Limited	Equity	Transport Services	14.5L	59.4	0.17
Laurus Labs Limited	Equity	Pharmaceuticals & Biotechnology	2.8L	55.4	0.16
Nestle India	Equity	Food Products	4.17L	54.6	0.15
Tube Investments of India Ltd	Equity	Auto Components	2.27L	53.9	0.15
Bajaj Auto	Equity	Automobiles	49.2K	53.5	0.15
Interglobe Aviation Limited	Equity	Transport Services	1.03L	51.5	0.14
Sesa Goa	Equity	Diversified Metals	18.9L	49	0.14
GE Vernova T D India Limited	Equity	Electrical Equipment	1.12L	47.1	0.13
Oil and Natural Gas Corporation Limited	Equity	Oil	20L	45.2	0.13
Godrej Properties	Equity	Realty	2.74L	44.6	0.13
Tata Consumer Products Limited	Equity	Agricultural Food & other Products	4.67L	44.3	0.13
Ashok Leyland	Equity	Agricultural, Commercial & Construction Vehicles	27.3L	42	0.12
Trent	Equity	Retailing	1.6L	42	0.12
ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	Equity	Transport Infrastructure	2.32L	41.7	0.12
Colgate Palmolive I Ltd	Equity	Personal Products	2.21L	39	0.11
Central Depository Services I Ltd	Equity	Capital Markets	2.78L	35.1	0.099
Bank of India	Equity	Banks	26.8L	34.9	0.098
HDFC Life Insurance Co Ltd	Equity	Insurance	6.62L	34.5	0.097
Info Edge India Limited	Equity	Retailing	2.79L	34.1	0.096
Power Grid Corporation of India	Equity	Power	13L	33.9	0.095
One 97 Communications Limited	Equity	Financial Technology (Fintech)	1.97L	33.1	0.093
Avenue Supermarts Limited	Equity	Retailing	86.6K	32.9	0.092
Godrej Consumer Products	Equity	Personal Products	3.81L	32.4	0.091
SBI Life Insurance Co Ltd	Equity	Insurance	1.88L	31.9	0.090
Voltas	Equity	Consumer Durables	2.92L	31.3	0.088
Dabur India Ltd	Equity	Personal Products	8.2L	31.2	0.088
Bharat Forge	Equity	Auto Components	1.55L	29.9	0.084
Grasim Industries	Equity	Cement & Cement Products	96.8K	29.6	0.083
Phoenix Mills Limited	Equity	Realty	1.5L	29	0.081
Asian Paints	Equity	Consumer Durables	1.2L	28.7	0.081
Aditya Birla Capital Limited	Equity	Finance	7.16L	27.3	0.077
Inox Wind Limited	Equity	Electrical Equipment	38.3L	26.7	0.075
Kalyan Jewellers India Limited	Equity	Consumer Durables	4.81L	26.6	0.075
Indian Energy Exchange Limited	Equity	Capital Markets	24.7L	26.4	0.074
Bombay Stock Exchange Limited BSE	Equity	Capital Markets	82.4K	25.5	0.072
Pidilite Industries	Equity	Chemicals & Petrochemicals	1.52L	22.3	0.063
Hero MotoCorp	Equity	Automobiles	42K	22	0.062
PB Fintech Limited	Equity	Financial Technology (Fintech)	2.06L	21.9	0.062
PNB Housing Finance Limited	Equity	Finance	1.94L	21.8	0.061
National Aluminium Co Ltd	Equity	Non - Ferrous Metals	6.15L	21	0.059
Astral Limited	Equity	Industrial Products	1.52L	20.9	0.059
Cholamandalam DBS Finance	Equity	Finance	1.24L	20.1	0.056
ABB	Equity	Electrical Equipment	28.8K	19.5	0.055
CG Power and Industrial Solutions Limited	Equity	Electrical Equipment	2.15L	18.4	0.052
Mankind Pharma Limited	Equity	Pharmaceuticals & Biotechnology	69.8K	17.5	0.049
Vishal Mega Mart Limited	Equity	Retailing	17.3L	17.4	0.049
Max Healthcare Institute Limited	Equity	Healthcare Services	1.85L	17.2	0.048
Union Bank of India	Equity	Banks	9.16L	15.7	0.044
MphasiS	Equity	IT - Software	69.9K	15.1	0.042
Suzlon Energy Limited	Equity	Electrical Equipment	36.8L	14.5	0.041
Ratnakar Bank Limited	Equity	Banks	3.52L	14.2	0.040
GAIL India	Equity	Gas	7.92L	13.5	0.038
Hindustan Zinc	Equity	Non - Ferrous Metals	2.36L	13.4	0.038
Polycab India Limited	Equity	Industrial Products	14.6K	11.7	0.033
Lodha Developers Limited	Equity	Realty	92.5K	10.5	0.030
National Building Construction Corp	Equity	Construction	13.1L	10.3	0.029
SRF	Equity	Chemicals & Petrochemicals	40.8K	10.1	0.028
Bharat Petroleum Corp Ltd	Equity	Petroleum Products	3.3L	10	0.028
Rec Limited	Equity	Finance	2.93L	8.8	0.025
Sagility India Limited	Equity	IT - Services	19.8L	8.4	0.024
PG Electroplast Limited	Equity	Consumer Durables	1.62L	8	0.022
Birlasoft Limited	Equity	IT - Software	1.54L	7.7	0.022
Radico Khaitan Limited	Equity	Beverages	15.2K	6.6	0.019
Bosch	Equity	Auto Components	1.33K	6.2	0.018
Cochin Shipyard Limited	Equity	Industrial Manufacturing	47.2K	6.2	0.017
Computer Age Management Services Limited	Equity	Capital Markets	90.8K	6.1	0.017
Oberoi Realty	Equity	Realty	33.3K	5.9	0.017
Bajaj Holdings and Investment Ltd	Equity	Finance	5.4K	5.8	0.016
SUPREME INDUSTIRES LTD	Equity	Industrial Products	15.4K	5.3	0.015
Angel One Limited	Equity	Capital Markets	1.83L	5	0.014
United Spirits	Equity	Beverages	35.6K	4.8	0.014
Amber Enterprises India Limited	Equity	Consumer Durables	6.8K	4.5	0.013
Page Industries	Equity	Textiles & Apparels	1.04K	3.8	0.011
Cadila Healthcare	Equity	Pharmaceuticals & Biotechnology	29.7K	3.5	0.010
FSN E Commerce Ventures Limited	Equity	Retailing	93.8K	3	0.008
Persistent Systems	Equity	IT - Software	5.5K	2.9	0.008
Oil India	Equity	Oil	35K	1.6	0.00
LandT Finance Holdings Limited	Equity	Finance	58.5K	1.6	0.00
MOTILAL OSWAL FINANCIAL SERVICE LTD	Equity	Capital Markets	11.6K	1.2	0.00
DLF	Equity	Realty	17.1K	1.2	0.00
Mazagon Dock Shipbuilders Limited	Equity	Industrial Manufacturing	5.18K	1.1	0.00
Prestige Estate Project	Equity	Realty	6.75K	1	0.00
Havells India	Equity	Consumer Durables	9.5K	0.97	0.00
Force Motors Limited	Equity	Automobiles	525	0.9	0.00
Minda Industries Limited	Equity	Auto Components	7.15K	0.84	0.00
Rail Vikas Nigam Limited	Equity	Construction	34.7K	0.7	0.00
Britannia Industries	Equity	Food Products	1.13K	0.54	0.00
Ujjivan Small Finance Bank Limited	Equity	Banks	80K	0.54	0.00
Anand Rathi Wealth Limited	Equity	Capital Markets	750	0.16	0.00
Indian Bank	Equity	Banks	1K	0.08	0.00

Fig. 4.Every holding in Sept 2026: its shares, market value (₹ crore) and % of NAV. Month end. Source: AMC monthly portfolio disclosures.