Scheme

Mirae Asset Arbitrage Fund

Holds 194 companies worth ₹2,623 Cr in Sept 2026.

Fund house
MiraeThe fund house that runs this scheme.
AUM
₹3,571 CrMirae Asset Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 7.0% on Aug 2026, ₹3,838 Cr.
Largest holding
Larsen and ToubroLarsen and Toubro is 1.8% of this scheme's NAV.
Fund manager
Jigar SethiaRuns it since 19 Jun 2020, as the fund house dates it. With Jignesh Rao (fund manager), Pranavi Kulkarni (fund manager).

Holdings^{(Jun 2020 – Sept 2026)}

Holdings in Sept 2026. Tick up to 2 to plot them.
Plot	194 companies ·	₹ Cr
	Larsen and Toubro	63.5
	APL Apollo Tubes	33
	Bombay Stock Exchange Limited BSE	32.6
	Infosys	32.3
	Tata Consultancy Services	29.9
	Reliance Industries	29.8
	Trent	28.5
	Angel One Limited	27.6
	Kalyan Jewellers India Limited	26.7
	Grasim Industries	26.6
	Multi Commodity Exchange of India Limited	26.5
	MARUTI SUZUKI INDA LIMITED	26.5
	LIC Housing Finance	26.1
	LIC of India Ltd	25.7
	Cummins India	25.7
	Pidilite Industries	25.4
	ICICI Bank	25.4
	Sesa Goa	25.2
	Patanjali Foods Limited	24.4
	Aurobindo Pharma	24
	State Bank of India	23.6
	Polycab India Limited	23.2
	Premier Energies Limited	22.9
	Info Edge India Limited	22.8
	Bharat Petroleum Corp Ltd	22.5
	TVS Motor Co Ltd	22.2
	Delhivery Limited	22.1
	Interglobe Aviation Limited	21.8
	Divi s Laboratories Limited	21.7
	Axis Bank	21.5
	Ashok Leyland	20.9
	Radico Khaitan Limited	20.8
	PG Electroplast Limited	20
	Bajaj Finance Limited	19.9
	Bharat Forge	19.7
	NMDC	19.6
	Sun Pharmaceutical Ind Ltd	19.5
	Mahindra and Mahindra Limited	19.5
	Havells India	19.4
	Bharti Airtel Limited	19.2
	Titan Co Ltd	19.2
	JSW Steel	19
	Godrej Properties	18.9
	SRF	18.9
	Federal Bank	18.9
	CG Power and Industrial Solutions Limited	18.7
	Tata Steel Limited	18.7
	UltraTech Cement Limited	17.4
	Ather Energy Limited	17.3
	Central Depository Services I Ltd	17.2

Larsen and Toubro
APL Apollo Tubes

Market value of each ticked company in Mirae Asset Arbitrage Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	Larsen and Toubro	APL Apollo Tubes
Sept 2025	₹15.2 Cr	₹0 Cr
Oct 2025	₹16.8 Cr	₹0 Cr
Nov 2025	₹17 Cr	₹0.18 Cr
Dec 2025	₹25.9 Cr	₹27.1 Cr
Jan 2026	₹16.9 Cr	₹39 Cr
Feb 2026	₹20.3 Cr	₹10.4 Cr
Mar 2026	₹22.7 Cr	₹9.3 Cr
Apr 2026	₹19.6 Cr	₹16.7 Cr
May 2026	₹39 Cr	₹16.1 Cr
Jun 2026	₹50.3 Cr	₹16.9 Cr
Jul 2026	₹52 Cr	₹17.2 Cr
Aug 2026	₹46.9 Cr	₹30.4 Cr
Sept 2026	₹63.5 Cr	₹33 Cr

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

Allocation^{(Sept 2026)}

Market cap

		% of NAV
Large Cap	88	37.12

Mid Cap	84	29.02

Small Cap	21	6.79

Other equity	1	0.52

Cash & others		26.54

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.

Larsen and Toubro	Equity	Construction	1.69L	63.5	1.78
APL Apollo Tubes	Equity	Industrial Products	1.51L	33	0.92
Bombay Stock Exchange Limited BSE	Equity	Capital Markets	1.05L	32.6	0.91
Infosys	Equity	IT - Software	3.24L	32.3	0.90
Tata Consultancy Services	Equity	IT - Software	1.46L	29.9	0.84
Reliance Industries	Equity	Petroleum Products	2.51L	29.8	0.83
Trent	Equity	Retailing	1.09L	28.5	0.80
Angel One Limited	Equity	Capital Markets	10.1L	27.6	0.77
Kalyan Jewellers India Limited	Equity	Consumer Durables	4.83L	26.7	0.75
Grasim Industries	Equity	Cement & Cement Products	86.8K	26.6	0.74
Multi Commodity Exchange of India Limited	Equity	Capital Markets	80.3K	26.5	0.74
MARUTI SUZUKI INDA LIMITED	Equity	Automobiles	22.1K	26.5	0.74
LIC Housing Finance	Equity	Finance	4.93L	26.1	0.73
LIC of India Ltd	Equity	Insurance	6.51L	25.7	0.72
Cummins India	Equity	Industrial Products	54K	25.7	0.72
Pidilite Industries	Equity	Chemicals & Petrochemicals	1.74L	25.4	0.71
ICICI Bank	Equity	Banks	1.92L	25.4	0.71
Sesa Goa	Equity	Diversified Metals	9.73L	25.2	0.71
Patanjali Foods Limited	Equity	Agricultural Food & other Products	6.71L	24.4	0.68
Aurobindo Pharma	Equity	Pharmaceuticals & Biotechnology	1.44L	24	0.67
State Bank of India	Equity	Banks	2.46L	23.6	0.66
Polycab India Limited	Equity	Industrial Products	28.9K	23.2	0.65
Premier Energies Limited	Equity	Electrical Equipment	2.63L	22.9	0.64
Info Edge India Limited	Equity	Retailing	1.87L	22.8	0.64
Bharat Petroleum Corp Ltd	Equity	Petroleum Products	7.41L	22.5	0.63
TVS Motor Co Ltd	Equity	Automobiles	54.1K	22.2	0.62
Delhivery Limited	Equity	Transport Services	5.4L	22.1	0.62
Interglobe Aviation Limited	Equity	Transport Services	43.7K	21.8	0.61
Divi s Laboratories Limited	Equity	Pharmaceuticals & Biotechnology	23.4K	21.7	0.61
Axis Bank	Equity	Banks	1.76L	21.5	0.60
Ashok Leyland	Equity	Agricultural, Commercial & Construction Vehicles	13.6L	20.9	0.58
Radico Khaitan Limited	Equity	Beverages	47.6K	20.8	0.58
PG Electroplast Limited	Equity	Consumer Durables	4.06L	20	0.56
Bajaj Finance Limited	Equity	Finance	2.08L	19.9	0.56
Bharat Forge	Equity	Auto Components	1.02L	19.7	0.55
NMDC	Equity	Minerals & Mining	25.6L	19.6	0.55
Sun Pharmaceutical Ind Ltd	Equity	Pharmaceuticals & Biotechnology	1.07L	19.5	0.55
Mahindra and Mahindra Limited	Equity	Automobiles	66K	19.5	0.55
Havells India	Equity	Consumer Durables	1.91L	19.4	0.54
Bharti Airtel Limited	Equity	Telecom - Services	1.09L	19.2	0.54
Titan Co Ltd	Equity	Consumer Durables	41.8K	19.2	0.54
JSW Steel	Equity	Ferrous Metals	1.52L	19	0.53
Godrej Properties	Equity	Realty	1.16L	18.9	0.53
SRF	Equity	Chemicals & Petrochemicals	76.4K	18.9	0.53
Federal Bank	Equity	Banks	5.95L	18.9	0.53
CG Power and Industrial Solutions Limited	Equity	Electrical Equipment	2.19L	18.7	0.53
Tata Steel Limited	Rights	Ferrous Metals	10.1L	18.7	0.52
UltraTech Cement Limited	Equity	Cement & Cement Products	15.9K	17.4	0.49
Ather Energy Limited	Equity	Automobiles	1.21L	17.3	0.48
Central Depository Services I Ltd	Equity	Capital Markets	1.36L	17.2	0.48
Phoenix Mills Limited	Equity	Realty	88.2K	17.1	0.48
Coal India	Equity	Consumable Fuels	4L	17	0.48
Computer Age Management Services Limited	Equity	Capital Markets	2.51L	16.8	0.47
HDFC Bank	Equity	Banks	2.33L	16.5	0.46
Glenmark Pharmaceuticals	Equity	Pharmaceuticals & Biotechnology	69.8K	16.3	0.46
IndusInd Bank	Equity	Banks	1.79L	16.2	0.45
One 97 Communications Limited	Equity	Financial Technology (Fintech)	95.7K	16.1	0.45
NTPC	Equity	Power	4.95L	16	0.45
Muthoot Finance Limited	Equity	Finance	58.3K	16	0.45
Oberoi Realty	Equity	Realty	89.6K	15.8	0.44
360 One Wam Limited	Equity	Capital Markets	1.54L	15.8	0.44
GAIL India	Equity	Gas	9.23L	15.7	0.44
Laurus Labs Limited	Equity	Pharmaceuticals & Biotechnology	79.1K	15.7	0.44
Hindustan Unilever	Equity	Diversified FMCG	83.1K	15.6	0.44
Asian Paints	Equity	Consumer Durables	64.5K	15.5	0.43
National Aluminium Co Ltd	Equity	Non - Ferrous Metals	4.54L	15.5	0.43
Astral Limited	Equity	Industrial Products	1.12L	15.4	0.43
Bandhan Bank Limited	Equity	Banks	8.57L	15.3	0.43
JSW Energy	Equity	Power	3.07L	15.2	0.43
Idea Cellular	Equity	Telecom - Services	1.17Cr	15.2	0.42
Biocon	Equity	Pharmaceuticals & Biotechnology	4.05L	15	0.42
ITC	Equity	Diversified FMCG	5.62L	14.8	0.41
Oil and Natural Gas Corporation Limited	Equity	Oil	6.48L	14.6	0.41
Coforge Limited	Equity	IT - Software	83.1K	14.5	0.41
Oil India	Equity	Oil	3.22L	14.5	0.41
Canara Bank	Equity	Banks	12.1L	14.4	0.40
Swiggy Limited	Equity	Retailing	5.75L	14.4	0.40
SBI Life Insurance Co Ltd	Equity	Insurance	84.8K	14.4	0.40
Marico	Equity	Agricultural Food & other Products	1.82L	14.3	0.40
Hitachi Energy India Limited	Equity	Electrical Equipment	4.68K	14.3	0.40
MOTILAL OSWAL FINANCIAL SERVICE LTD	Equity	Capital Markets	1.42L	14.1	0.40
Persistent Systems	Equity	IT - Software	26.6K	14.1	0.39
Eicher Motors	Equity	Automobiles	19.5K	13.9	0.39
Bosch	Equity	Auto Components	2.95K	13.9	0.39
Lupin	Equity	Pharmaceuticals & Biotechnology	68.4K	13.9	0.39
Max Healthcare Institute Limited	Equity	Healthcare Services	1.48L	13.8	0.39
Bank of Baroda	Equity	Banks	5.97L	13.8	0.39
Adani Green Energy Limited	Equity	Power	1.07L	13.7	0.38
Tube Investments of India Ltd	Equity	Auto Components	57.2K	13.6	0.38
Hindustan Petroleum Corp Ltd	Equity	Petroleum Products	3.87L	13.6	0.38
Tata Consumer Products Limited	Equity	Agricultural Food & other Products	1.4L	13.3	0.37
Adani Energy Solutions Limited	Equity	Power	1.01L	13.3	0.37
HDFC Asset Management Co Ltd	Equity	Capital Markets	58.2K	13.3	0.37
NHPC	Equity	Power	18.1L	13.2	0.37
Fortis Healthcare Limited	Equity	Healthcare Services	1.69L	13	0.36
Adani Enterprises	Equity	Metals & Minerals Trading	44.5K	12.9	0.36
Alkem Laboratories Limited	Equity	Pharmaceuticals & Biotechnology	25K	12.9	0.36
PB Fintech Limited	Equity	Financial Technology (Fintech)	1.2L	12.8	0.36
Indian Hotels Co	Equity	Leisure Services	1.72L	12.5	0.35
LandT Finance Holdings Limited	Equity	Finance	4.73L	12.5	0.35
Voltas	Equity	Consumer Durables	1.17L	12.5	0.35
Apollo Hospitals Enterprise Limited	Equity	Healthcare Services	15.3K	12.5	0.35
PNB Housing Finance Limited	Equity	Finance	1.11L	12.4	0.35
Punjab National Bank	Equity	Banks	10.9L	12.3	0.34
MphasiS	Equity	IT - Software	56.9K	12.3	0.34
Hindalco Industries	Equity	Non - Ferrous Metals	1.3L	12.3	0.34
Cholamandalam DBS Finance	Equity	Finance	75K	12.2	0.34
Nestle India	Equity	Food Products	92.5K	12.1	0.34
ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	Equity	Transport Infrastructure	67K	12	0.34
Aditya Birla Capital Limited	Equity	Finance	3.1L	11.8	0.33
Motherson Sumi Systems	Equity	Auto Components	6.95L	11.4	0.32
Avenue Supermarts Limited	Equity	Retailing	29.7K	11.3	0.32
Bank of Maharashtra	Equity	Banks	14.1L	11.2	0.31
Bharti Infratel	Equity	Telecom - Services	2.99L	11.2	0.31
Vishal Mega Mart Limited	Equity	Retailing	10.8L	10.9	0.31
Bajaj Finserv Limited	Equity	Finance	63K	10.9	0.30
Tata Motors	Equity	Automobiles	3.81L	10.8	0.30
HDFC Life Insurance Co Ltd	Equity	Insurance	2.07L	10.8	0.30
United Phosphorous	Equity	Fertilizers & Agrochemicals	1.98L	10.7	0.30
Hindustan Zinc	Equity	Non - Ferrous Metals	1.89L	10.7	0.30
Sagility India Limited	Equity	IT - Services	24.6L	10.5	0.29
Minda Industries Limited	Equity	Auto Components	88.6K	10.4	0.29
SBI Cards and Payment Services Limited	Equity	Finance	1.76L	10.2	0.28
AU Small Finance Bank Limited	Equity	Banks	1L	10.1	0.28
Tech Mahindra	Equity	IT - Software	66K	10.1	0.28
Indian Energy Exchange Limited	Equity	Capital Markets	9.35L	10	0.28
GE Vernova T D India Limited	Equity	Electrical Equipment	23.8K	10	0.28
Varun Beverages Limited	Equity	Beverages	2.3L	9.9	0.28
Indian Oil Corp Ltd	Equity	Petroleum Products	7.31L	9.9	0.28
Jio Financial Services Limited	Equity	Finance	4.54L	9.8	0.28
Page Industries	Equity	Textiles & Apparels	2.68K	9.8	0.27
Hero MotoCorp	Equity	Automobiles	18.6K	9.8	0.27
Bajaj Auto	Equity	Automobiles	8.93K	9.7	0.27
Torrent Pharmaceuticals Limited	Equity	Pharmaceuticals & Biotechnology	20.1K	9.7	0.27
KEI Industries Limited	Equity	Industrial Products	21.5K	9.6	0.27
Dabur India Ltd	Equity	Personal Products	2.48L	9.4	0.26
DLF	Equity	Realty	1.38L	9.3	0.26
United Spirits	Equity	Beverages	68.4K	9.3	0.26
Eternal Limited	Equity	Retailing	2.86L	9.2	0.26
Ambuja Cement	Equity	Cement & Cement Products	2.42L	9.1	0.25
Amber Enterprises India Limited	Equity	Consumer Durables	13.5K	9	0.25
Union Bank of India	Equity	Banks	5.22L	8.9	0.25
ABB	Equity	Electrical Equipment	13.1K	8.9	0.25
Crompton Greaves Cons Electrical Ltd	Equity	Consumer Durables	4.26L	8.9	0.25
Max Financial Services Limited	Equity	Insurance	64.4K	8.8	0.25
Power Finance Corporation	Equity	Finance	2.65L	8.6	0.24
Adani Power Limited	Equity	Power	4.12L	8.4	0.23
FSN E Commerce Ventures Limited	Equity	Retailing	2.56L	8.2	0.23
SUPREME INDUSTIRES LTD	Equity	Industrial Products	23.1K	8	0.22
Yes Bank Limited	Equity	Banks	37.9L	8	0.22
Nippon Life Asset Management Limited	Equity	Capital Markets	73.8K	7.9	0.22
IDFC Bank Limited	Equity	Banks	9.46L	7.7	0.22
Birlasoft Limited	Equity	IT - Software	1.54L	7.7	0.22
Container Corporation of India Limited	Equity	Transport Services	1.71L	7.7	0.21
Suzlon Energy Limited	Equity	Electrical Equipment	18.9L	7.5	0.21
Lodha Developers Limited	Equity	Realty	65.6K	7.5	0.21
Cadila Healthcare	Equity	Pharmaceuticals & Biotechnology	63.9K	7.4	0.21
Bank of India	Equity	Banks	5.51L	7.2	0.20
Power Grid Corporation of India	Equity	Power	2.72L	7.1	0.20
Mankind Pharma Limited	Equity	Pharmaceuticals & Biotechnology	27.5K	6.9	0.19
Tata Power Co	Equity	Power	1.77L	6.4	0.18
Hindustan Aeronautics Limited	Equity	Aerospace & Defense	13.1K	6.1	0.17
Bharat Heavy Electricals	Equity	Electrical Equipment	1.44L	6	0.17
Solar Industries India	Equity	Chemicals & Petrochemicals	3K	5.9	0.17
Petronet LNG	Equity	Gas	2.07L	5.9	0.17
Godrej Consumer Products	Equity	Personal Products	61.5K	5.2	0.15
Sona Blw Precision Forgings	Equity	Auto Components	61.3K	5.1	0.14
Dr Reddy s Laboratories Limited	Equity	Pharmaceuticals & Biotechnology	40.6K	5	0.14
Colgate Palmolive I Ltd	Equity	Personal Products	28.3K	5	0.14
Kaynes Technology India Limited	Equity	Industrial Manufacturing	14K	4.9	0.14
Mazagon Dock Shipbuilders Limited	Equity	Industrial Manufacturing	22.5K	4.8	0.13
National Building Construction Corp	Equity	Construction	5.4L	4.2	0.12
Bajaj Holdings and Investment Ltd	Equity	Finance	3.75K	4.1	0.11
Godfrey Philips Ltd	Equity	Cigarettes & Tobacco Products	21.2K	4	0.11
Bharat Dynamics Limited	Equity	Aerospace & Defense	34K	3.8	0.11
Indian Bank	Equity	Banks	42K	3.4	0.095
Manappuram Finance Limited	Equity	Finance	1.02L	3.2	0.090
Wipro	Equity	IT - Software	2.01L	3.2	0.089
Force Motors Limited	Equity	Automobiles	1.78K	3	0.085
Shriram Finance Limited	Equity	Finance	27.2K	2.7	0.075
Kotak Mahindra Bank Limited	Equity	Banks	54K	2.3	0.063
Jubilant Foodworks Limited	Equity	Leisure Services	48.8K	2.2	0.062
Ujjivan Small Finance Bank Limited	Equity	Banks	3.2L	2.2	0.060
Shree Cement	Equity	Cement & Cement Products	825	1.8	0.052
Cochin Shipyard Limited	Equity	Industrial Manufacturing	14K	1.8	0.052
Anand Rathi Wealth Limited	Equity	Capital Markets	8.25K	1.8	0.049
Dixon Technologies India Limited	Equity	Consumer Durables	1.25K	1.6	0.046
ICICI Lombard General Insurance Co	Equity	Insurance	9.1K	1.5	0.041
Siemens Energy India Limited	Equity	Electrical Equipment	4.38K	1.4	0.039
GMR Airport Ltd	Equity	Transport Infrastructure	1.33L	1.3	0.035
Hyundai Motor India Limited	Equity	Automobiles	4.13K	0.84	0.023
Rail Vikas Nigam Limited	Equity	Construction	25K	0.5	0.014
Jindal Steel and Power Limited	Equity	Ferrous Metals	3.75K	0.43	0.012
Britannia Industries	Equity	Food Products	750	0.36	0.010

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