LIC MF ARBITRAGE FUND holds 41 instruments (85.95% equity), led by HDFC Bank Limited (10.25%), Hindalco Industries Limited (9.47%) and State Bank of India (7.79%), as of its 31 July 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of LIC MF ARBITRAGE FUND, managed by LIC Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 41 instruments with an equity allocation of 85.95%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
LIC MF ARBITRAGE FUND's top 10 holdings account for 63.13% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 42.08% of net assets, spread across 10 sectors in total. Since its 30 June 2026 disclosure, the fund added 6 new positions and exited 4 positions, with Hindalco Industries Limited seeing the largest move (+4.57pp to 9.47%).
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| Hindalco Industries Limited | 4.9% → 9.47% | ▲ +4.57 |
| HDFC Bank Limited | 6.15% → 10.25% | ▲ +4.1 |
| State Bank of India | 3.74% → 7.79% | ▲ +4.05 |
| Tata Steel Limited | 2.94% → 5.84% | ▲ +2.9 |
| HDFC Life Insurance Company Limited | 0.6% → 3.32% | ▲ +2.72 |
| Bharti Airtel Limited | 4.81% → 6.39% | ▲ +1.58 |
| Axis Bank Limited | 1.73% → 2.87% | ▲ +1.14 |
| Bajaj Finserv Limited | 0.31% → 0.87% | ▲ +0.56 |
| Stock | Weight | Change |
|---|---|---|
| ICICI Bank Limited | 8.2% → 7.09% | ▼ -1.11 |
| GMR AIRPORTS LIMITED | 5.6% → 4.51% | ▼ -1.09 |
| Bharat Electronics Limited | 4.54% → 3.92% | ▼ -0.62 |
| Oil & Natural Gas Corporation Limited | 0.91% → 0.43% | ▼ -0.48 |
| Reliance Industries Limited | 4.84% → 4.51% | ▼ -0.33 |
| NTPC Limited | 1.67% → 1.36% | ▼ -0.31 |
| Bank of Baroda | 0.89% → 0.72% | ▼ -0.17 |
| Kotak Mahindra Bank Limited | 1.87% → 1.71% | ▼ -0.16 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | TREPStreps | — | 25.02% |
| 2 | LIC MF Money Market Fund-Direct Plan-Growthmf | — | 15.04% |
| 3 | LIC MF Ultra Short Duration Fund-Direct Plan-Growthmf | — | 13.98% |
| 4 | HDFC Bank Limited | Financial Services | 10.25% |
| 5 | Hindalco Industries Limited | Materials | 9.47% |
| 6 | State Bank of India | Financial Services | 7.79% |
| 7 | ICICI Bank Limited | Financial Services | 7.09% |
| 8 | Bharti Airtel Limited | Telecommunication | 6.39% |
| 9 | Tata Steel Limited | Materials | 5.84% |
| 10 | GMR AIRPORTS LIMITED | Services | 4.51% |
| 11 | Reliance Industries Limited | Energy | 4.51% |
| 12 | Bharat Electronics Limited | Industrials | 3.92% |
| 13 | Bajaj Finance Limited | Financial Services | 3.36% |
| 14 | HDFC Life Insurance Company Limited | Financial Services | 3.32% |
| 15 | Jio Financial Services Limited | Financial Services | 3.09% |
| 16 | Axis Bank Limited | Financial Services | 2.87% |
| 17 | Mahindra & Mahindra Limited | Consumer Discretionary | 2.23% |
| 18 | Kotak Mahindra Bank Limited | Financial Services | 1.71% |
| 19 | Hindustan Unilever Limited | Consumer Staples | 1.5% |
| 20 | NTPC Limited | Utilities | 1.36% |
| 21 | Punjab National Bank | Financial Services | 0.92% |
| 22 | Bajaj Finserv Limited | Financial Services | 0.87% |
| 23 | Bank of Baroda | Financial Services | 0.72% |
| 24 | Container Corporation of India Limited | Services | 0.67% |
| 25 | Indus Towers Limited | Telecommunication | 0.48% |
| 26 | Oil & Natural Gas Corporation Limited | Energy | 0.43% |
| 27 | JSW Steel Limited | Materials | 0.42% |
| 28 | Eicher Motors Limited | Consumer Discretionary | 0.38% |
| 29 | Tata Power Company Limited | Utilities | 0.35% |
| 30 | Larsen & Toubro Limited | Industrials | 0.26% |
| 31 | Bharat Heavy Electricals Limited | Industrials | 0.24% |
| 32 | Hindustan Petroleum Corporation Limited | Energy | 0.21% |
| 33 | Sun Pharmaceutical Industries Limited | Healthcare | 0.18% |
| 34 | Crompton Greaves Consumer Electricals Limited | Consumer Discretionary | 0.17% |
| 35 | GAIL (India) Limited | Utilities | 0.12% |
| 36 | ITC Limited | Consumer Staples | 0.09% |
| 37 | Max Financial Services Limited | Financial Services | 0.09% |
| 38 | Tata Motors Passenger Vehicles Limited | Consumer Discretionary | 0.06% |
| 39 | Asian Paints Limited | Consumer Discretionary | 0.05% |
| 40 | Titan Company Limited | Consumer Discretionary | 0.03% |
| 41 | Net Receivables / (Payables)other | — | -40% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: LIC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.