Scheme

Union Arbitrage Fund

Holds 68 companies worth ₹163 Cr in Aug 2026.

Fund house
UnionThe fund house that runs this scheme.
AUM
₹220 CrUnion Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 0.4% on Aug 2026, ₹221 Cr.
Largest holding
Patanjali Foods LimitedPatanjali Foods Limited is 4.5% of this scheme's NAV.
Fund manager
Devesh ThackerRuns its co-manager part since 20 Feb 2019, as the fund house dates it. With Vishal Thakker (co-manager).

Holdings^{(Oct 2022 – Aug 2026)}

Holdings in Aug 2026. Tick up to 2 to plot them.
Plot	68 companies ·	₹ Cr
	Patanjali Foods Limited	9.9
	Reliance Industries	7.4
	Bharti Airtel Limited	6.2
	Kotak Mahindra Bank Limited	6
	HDFC Bank	5.8
	Idea Cellular	5.7
	NTPC	4.6
	Max Financial Services Limited	4.4
	JSW Steel	4.2
	SBI Life Insurance Co Ltd	3.7
	State Bank of India	3.6
	Tata Steel Limited	3.4
	Eicher Motors	3.3
	Bombay Stock Exchange Limited BSE	3.2
	Polycab India Limited	3.2
	Cipla	3.2
	Bajaj Finance Limited	3.2
	Axis Bank	3.2
	ICICI Bank	3.2
	Bharat Heavy Electricals	3.1
	Tata Consumer Products Limited	2.7
	Sun Pharmaceutical Ind Ltd	2.6
	Federal Bank	2.5
	Manappuram Finance Limited	2.5
	TVS Motor Co Ltd	2.4
	Interglobe Aviation Limited	2.4
	ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	2.4
	Apollo Hospitals Enterprise Limited	2.3
	Jio Financial Services Limited	2.3
	Radico Khaitan Limited	2.3
	STEEL AUTHORITY INDIA LTD	2.2
	Kalyan Jewellers India Limited	2.2
	DLF	2
	United Phosphorous	2
	Nippon Life Asset Management Limited	2
	Solar Industries India	1.8
	ITC	1.8
	MARUTI SUZUKI INDA LIMITED	1.8
	Minda Industries Limited	1.8
	Hindustan Unilever	1.7
	Delhivery Limited	1.7
	Larsen and Toubro	1.7
	Ambuja Cement	1.6
	LIC of India Ltd	1.5
	Divi s Laboratories Limited	1.5
	Bajaj Finserv Limited	1.5
	Power Grid Corporation of India	1.5
	Biocon	1.4
	Mahindra and Mahindra Limited	1.4
	UltraTech Cement Limited	1.3

Patanjali Foods Limited
Reliance Industries

Market value of each ticked company in Union Arbitrage Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	Patanjali Foods Limited	Reliance Industries
Aug 2025	₹2 Cr	₹7.1 Cr
Sept 2025	₹2.1 Cr	₹7.2 Cr
Oct 2025	₹2.2 Cr	₹7.8 Cr
Nov 2025	₹2.1 Cr	₹8.2 Cr
Dec 2025	₹8.8 Cr	₹8.2 Cr
Jan 2026	₹7.2 Cr	₹7.3 Cr
Feb 2026	₹5.5 Cr	₹7.3 Cr
Mar 2026	₹0 Cr	₹8 Cr
Apr 2026	₹2.6 Cr	₹8.5 Cr
May 2026	₹4.6 Cr	₹7.9 Cr
Jun 2026	₹0.75 Cr	₹7.7 Cr
Jul 2026	₹0 Cr	₹7.6 Cr
Aug 2026	₹9.9 Cr	₹7.4 Cr

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

Allocation^{(Aug 2026)}

Market cap

		% of NAV
Large Cap	48	54.52

Mid Cap	17	16.05

Small Cap	2	1.88

Other equity	1	1.54

Cash & others		26.01

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^{(Sept 2025 – Aug 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^{(Aug 2026)}

Every holding in Aug 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.

Patanjali Foods Limited	Equity	Agricultural Food & other Products	2.88L	9.9	4.51
Reliance Industries	Equity	Petroleum Products	58K	7.4	3.36
Bharti Airtel Limited	Equity	Telecom - Services	34.2K	6.2	2.81
Kotak Mahindra Bank Limited	Equity	Banks	1.42L	6	2.70
HDFC Bank	Equity	Banks	81.9K	5.8	2.63
Idea Cellular	Equity	Telecom - Services	40L	5.7	2.60
NTPC	Equity	Power	1.4L	4.6	2.07
Max Financial Services Limited	Equity	Insurance	28K	4.4	2.00
JSW Steel	Equity	Ferrous Metals	31.7K	4.2	1.88
SBI Life Insurance Co Ltd	Equity	Insurance	21K	3.7	1.66
State Bank of India	Equity	Banks	33.8K	3.6	1.62
Tata Steel Limited	Rights	Ferrous Metals	1.84L	3.4	1.54
Eicher Motors	Equity	Automobiles	4.1K	3.3	1.48
Bombay Stock Exchange Limited BSE	Equity	Capital Markets	9.8K	3.2	1.46
Polycab India Limited	Equity	Industrial Products	3.38K	3.2	1.45
Cipla	Equity	Pharmaceuticals & Biotechnology	22.5K	3.2	1.44
Bajaj Finance Limited	Equity	Finance	30K	3.2	1.44
Axis Bank	Equity	Banks	24.4K	3.2	1.44
ICICI Bank	Equity	Banks	21.7K	3.2	1.43
Bharat Heavy Electricals	Equity	Electrical Equipment	70.9K	3.1	1.42
Tata Consumer Products Limited	Equity	Agricultural Food & other Products	26.4K	2.7	1.24
Sun Pharmaceutical Ind Ltd	Equity	Pharmaceuticals & Biotechnology	13.3K	2.6	1.20
Federal Bank	Equity	Banks	70K	2.5	1.13
Manappuram Finance Limited	Equity	Finance	72K	2.5	1.11
TVS Motor Co Ltd	Equity	Automobiles	5.6K	2.4	1.10
Interglobe Aviation Limited	Equity	Transport Services	4.5K	2.4	1.07
ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	Equity	Transport Infrastructure	14.7K	2.4	1.06
Apollo Hospitals Enterprise Limited	Equity	Healthcare Services	2.63K	2.3	1.06
Jio Financial Services Limited	Equity	Finance	96.4K	2.3	1.05
Radico Khaitan Limited	Equity	Beverages	5.1K	2.3	1.04
STEEL AUTHORITY INDIA LTD	Equity	Ferrous Metals	1.13L	2.2	1.00
Kalyan Jewellers India Limited	Equity	Consumer Durables	36.5K	2.2	0.99
DLF	Equity	Realty	29.5K	2	0.92
United Phosphorous	Equity	Fertilizers & Agrochemicals	35.2K	2	0.90
Nippon Life Asset Management Limited	Equity	Capital Markets	16.9K	2	0.90
Solar Industries India	Equity	Chemicals & Petrochemicals	900	1.8	0.82
ITC	Equity	Diversified FMCG	69K	1.8	0.80
MARUTI SUZUKI INDA LIMITED	Equity	Automobiles	1.3K	1.8	0.80
Minda Industries Limited	Equity	Auto Components	13.8K	1.8	0.80
Hindustan Unilever	Equity	Diversified FMCG	8.7K	1.7	0.78
Delhivery Limited	Equity	Transport Services	37.4K	1.7	0.77
Larsen and Toubro	Equity	Construction	4.2K	1.7	0.77
Ambuja Cement	Equity	Cement & Cement Products	40.8K	1.6	0.74
LIC of India Ltd	Equity	Insurance	36.4K	1.5	0.69
Divi s Laboratories Limited	Equity	Pharmaceuticals & Biotechnology	1.6K	1.5	0.69
Bajaj Finserv Limited	Equity	Finance	7.2K	1.5	0.66
Power Grid Corporation of India	Equity	Power	55.1K	1.5	0.66
Biocon	Equity	Pharmaceuticals & Biotechnology	35K	1.4	0.65
Mahindra and Mahindra Limited	Equity	Automobiles	4.2K	1.4	0.62
UltraTech Cement Limited	Equity	Cement & Cement Products	1.15K	1.3	0.60
Yes Bank Limited	Equity	Banks	5.6L	1.3	0.58
Jindal Steel and Power Limited	Equity	Ferrous Metals	10K	1.2	0.54
Shriram Finance Limited	Equity	Finance	9.08K	1	0.46
Bharat Electronics	Equity	Aerospace & Defense	24.2K	1	0.46
Hindalco Industries	Equity	Non - Ferrous Metals	9.8K	1	0.45
Muthoot Finance Limited	Equity	Finance	3.3K	0.98	0.45
IndusInd Bank	Equity	Banks	9.1K	0.93	0.42
Bank of Baroda	Equity	Banks	38K	0.91	0.41
Adani Energy Solutions Limited	Equity	Power	6.08K	0.86	0.39
HDFC Life Insurance Co Ltd	Equity	Insurance	15.4K	0.84	0.38
Torrent Pharmaceuticals Limited	Equity	Pharmaceuticals & Biotechnology	1.63K	0.82	0.37
Tech Mahindra	Equity	IT - Software	4.2K	0.68	0.31
Mankind Pharma Limited	Equity	Pharmaceuticals & Biotechnology	2.5K	0.6	0.27
NMDC	Equity	Minerals & Mining	67.5K	0.6	0.27
Coforge Limited	Equity	IT - Software	2.85K	0.57	0.26
JSW Energy	Equity	Power	7.53K	0.39	0.18
Hero MotoCorp	Equity	Automobiles	600	0.33	0.15
Grasim Industries	Equity	Cement & Cement Products	500	0.17	0.080

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