Parag Parikh Arbitrage Fund holds 90 instruments (67.53% equity), led by HDFC Bank Limited (6.38%), ICICI Bank Limited (6.17%) and Canara Bank (5.28%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Parag Parikh Arbitrage Fund, managed by PPFAS Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 90 instruments with an equity allocation of 67.53%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Parag Parikh Arbitrage Fund's top 10 holdings account for 42.88% of its portfolio, more concentrated than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 37.19% of net assets, spread across 12 sectors in total. Since its 31 August 2026 disclosure, the fund added 7 new positions and exited 4 positions, with Mahindra & Mahindra Limited seeing the largest move (-0.93pp to 0.54%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
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 |
|---|---|---|
| Bandhan Bank Limited | 0.68% → 1.46% | ▲ +0.78 |
| HDFC Bank Limited | 5.85% → 6.38% | ▲ +0.53 |
| Reliance Industries Limited | 4.41% → 4.8% | ▲ +0.39 |
| ICICI Bank Limited | 5.97% → 6.17% | ▲ +0.2 |
| Life Insurance Corporation Of India | 0.79% → 0.93% | ▲ +0.14 |
| Varun Beverages Limited | 0.28% → 0.38% | ▲ +0.1 |
| Stock | Weight | Change |
|---|---|---|
| Mahindra & Mahindra Limited | 1.47% → 0.54% | ▼ -0.93 |
| DLF Limited | 0.85% → 0.29% | ▼ -0.56 |
| GMR AIRPORTS LIMITED | 0.87% → 0.47% | ▼ -0.4 |
| Eicher Motors Limited | 1.54% → 1.16% | ▼ -0.38 |
| Cipla Limited | 0.59% → 0.21% | ▼ -0.38 |
| Bharat Electronics Limited | 2% → 1.72% | ▼ -0.28 |
| Kotak Mahindra Bank Limited | 4% → 3.75% | ▼ -0.25 |
| One 97 Communications Limited | 0.25% → 0% | ▼ -0.25 |
| Canara Bank | 5.51% → 5.28% | ▼ -0.23 |
| NMDC Limited | 1.74% → 1.54% | ▼ -0.2 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | Parag Parikh Liquid Fund- Direct Plan- Growthmf | — | 10.7% |
| 2 | HDFC Bank Limited | Financial Services | 6.38% |
| 3 | ICICI Bank Limited | Financial Services | 6.17% |
| 4 | Canara Bank | Financial Services | 5.28% |
| 5 | Reliance Industries Limited | Energy | 4.8% |
| 6 | Axis Bank Limited | Financial Services | 4.51% |
| 7 | Bharti Airtel Limited | Telecommunication | 4.4% |
| 8 | Kotak Mahindra Bank Limited | Financial Services | 3.75% |
| 9 | Small Industries Development Bank of India (MD )bond | — | 3.46% |
| 10 | Bharat Heavy Electricals Limited | Industrials | 2.97% |
| 11 | REP4_300926other | — | 2.53% |
| 12 | State Bank of India | Financial Services | 2.38% |
| 13 | IDFC First Bank Limited | Financial Services | 2.24% |
| 14 | Tata Steel Limited | Materials | 2.06% |
| 15 | CD - Canara Bankbond | — | 1.8% |
| 16 | HDFC Bank Limited 2026bond | — | 1.79% |
| 17 | Canara Bankbond | — | 1.79% |
| 18 | Indian Bank 2027bond | — | 1.78% |
| 19 | National Bank For Agriculture and Rural Developmentbond | — | 1.78% |
| 20 | Small Industries Development Bank of India (MD )bond | — | 1.77% |
| 21 | INDIAN BANK CD REDbond | — | 1.73% |
| 22 | Bharat Electronics Limited | Industrials | 1.72% |
| 23 | UltraTech Cement Limited | Materials | 1.69% |
| 24 | NMDC Limited | Materials | 1.54% |
| 25 | TRP_011026other | — | 1.47% |
| 26 | Bandhan Bank Limited | Financial Services | 1.46% |
| 27 | Eicher Motors Limited | Consumer Discretionary | 1.16% |
| 28 | Punjab National Bank | Financial Services | 1.04% |
| 29 | Sun Pharmaceutical Industries Limited | Healthcare | 0.99% |
| 30 | Hindustan Aeronautics Limited | Industrials | 0.95% |
| 31 | Life Insurance Corporation Of India | Financial Services | 0.93% |
| 32 | Bank of Baroda (MD )bond | — | 0.9% |
| 33 | Indian Bank (MD )bond | — | 0.86% |
| 34 | Bank of Baroda | Financial Services | 0.78% |
| 35 | Bajaj Finance Limited | Financial Services | 0.66% |
| 36 | The Indian Hotels Company Limited | Consumer Discretionary | 0.58% |
| 37 | NBCC (India) Limited | Industrials | 0.57% |
| 38 | Mahindra & Mahindra Limited | Consumer Discretionary | 0.54% |
| 39 | Glenmark Pharmaceuticals Limited | Healthcare | 0.47% |
| 40 | GMR AIRPORTS LIMITED | Services | 0.47% |
| 41 | Biocon Limited | Healthcare | 0.44% |
| 42 | NTPC Limited | Utilities | 0.44% |
| 43 | Coal India Limited | Energy | 0.42% |
| 44 | Steel Authority of India Limited | Materials | 0.41% |
| 45 | Jio Financial Services Limited | Financial Services | 0.4% |
| 46 | Indus Towers Limited | Telecommunication | 0.39% |
| 47 | Varun Beverages Limited | Consumer Staples | 0.38% |
| 48 | 364 Days Treasury Billtbill | — | 0.36% |
| 49 | LIC Housing Finance Limited | Financial Services | 0.35% |
| 50 | ITC Limited | Consumer Staples | 0.33% |
| 51 | Aditya Birla Capital Limited | Financial Services | 0.32% |
| 52 | DLF Limited | Real Estate | 0.29% |
| 53 | JSW Steel Limited | Materials | 0.26% |
| 54 | Tata Power Company Limited | Utilities | 0.22% |
| 55 | Hindalco Industries Limited | Materials | 0.22% |
| 56 | Cipla Limited | Healthcare | 0.21% |
| 57 | Dabur India Limited | Consumer Staples | 0.17% |
| 58 | Crompton Greaves Consumer Electricals Limited | Consumer Discretionary | 0.15% |
| 59 | Divi's Laboratories Limited | Healthcare | 0.15% |
| 60 | Aurobindo Pharma Limited | Healthcare | 0.14% |
| 61 | PNB Housing Finance Limited | Financial Services | 0.1% |
| 62 | Coforge Limited | Information Technology | 0.1% |
| 63 | Infosys Limited | Information Technology | 0.09% |
| 64 | Inox Wind Limited | Industrials | 0.09% |
| 65 | Multi Commodity Exchange of India Limited | Financial Services | 0.09% |
| 66 | ICICI Lombard General Insurance Company Limited | Financial Services | 0.08% |
| 67 | The Federal Bank Limited | Financial Services | 0.08% |
| 68 | Oil & Natural Gas Corporation Limited | Energy | 0.07% |
| 69 | Godrej Properties Limited | Real Estate | 0.07% |
| 70 | Bajaj Finserv Limited | Financial Services | 0.06% |
| 71 | Tata Motors Passenger Vehicles Limited | Consumer Discretionary | 0.06% |
| 72 | Power Finance Corporation Limited | Financial Services | 0.05% |
| 73 | Yes Bank Limited | Financial Services | 0.05% |
| 74 | Oberoi Realty Limited | Real Estate | 0.05% |
| 75 | Hindustan Unilever Limited | Consumer Staples | 0.05% |
| 76 | TATA CONSUMER PRODUCTS LIMITED | Consumer Staples | 0.05% |
| 77 | Indian Oil Corporation Limited | Energy | 0.05% |
| 78 | Marico Limited | Consumer Staples | 0.03% |
| 79 | Solar Industries India Limited | Materials | 0.03% |
| 80 | ETERNAL LIMITED | Consumer Discretionary | 0.02% |
| 81 | Asian Paints Limited | Consumer Discretionary | 0.02% |
| 82 | AU Small Finance Bank Limited | Financial Services | 0.02% |
| 83 | SBI Life Insurance Company Limited | Financial Services | 0.01% |
| 84 | Power Grid Corporation of India Limited | Utilities | 0.01% |
| 85 | Fortis Healthcare Limited | Healthcare | 0.01% |
| 86 | Torrent Pharmaceuticals Limited | Healthcare | 0.01% |
| 87 | One 97 Communications Limited | Financial Services | 0% |
| 88 | Cholamandalam Investment and Finance Company Limited | Financial Services | 0% |
| 89 | Larsen & Toubro Limited | Industrials | 0% |
| 90 | Net Receivables / (Payables)other | — | -0.25% |
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: PPFAS Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.