Parag Parikh Arbitrage Fund

PPFAS Mutual FundHybridPortfolio as of 31 July 2026

Parag Parikh Arbitrage Fund holds 85 instruments (73.92% equity), led by ICICI Bank Limited (6.04%), Canara Bank (5.57%) and HDFC Bank Limited (5.38%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
85
Equity Allocation
73.92%
AMC
PPFAS Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of Parag Parikh Arbitrage Fund, managed by PPFAS Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 85 instruments with an equity allocation of 73.92%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Parag Parikh Arbitrage Fund's top 10 holdings account for 42.2% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 37.33% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 5 new positions and exited 6 positions, with Canara Bank seeing the largest move (+3.45pp to 5.57%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

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.

5 new entries6 exits5 increased10 reduced

Biggest Weight Increases

StockWeightChange
Canara Bank2.12% → 5.57%▲ +3.45
Eicher Motors Limited1.31% → 1.54%▲ +0.23
State Bank of India2.24% → 2.42%▲ +0.18
Bharti Airtel Limited4.63% → 4.78%▲ +0.15
Biocon Limited0.41% → 0.51%▲ +0.1

Biggest Weight Reductions

StockWeightChange
Mahindra & Mahindra Limited2.7% → 2.09%▼ -0.61
HDFC Bank Limited5.98% → 5.38%▼ -0.6
Axis Bank Limited5.04% → 4.44%▼ -0.6
Tata Power Company Limited0.61% → 0.23%▼ -0.38
RBL Bank Limited0.35% → 0.06%▼ -0.29
GMR AIRPORTS LIMITED1.34% → 1.12%▼ -0.22
Bharat Electronics Limited2.16% → 1.96%▼ -0.2
ETERNAL LIMITED0.74% → 0.57%▼ -0.17
Bandhan Bank Limited0.9% → 0.74%▼ -0.16
Bharat Heavy Electricals Limited3.11% → 2.96%▼ -0.15

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 4.56%, Mar: 4.76%, Apr: 4.99%, May: 5.73%, Jun: 6.01%, Jul: 6.04%
6.04%
Feb: –, Mar: 0.4%, Apr: 0.55%, May: 1.18%, Jun: 2.12%, Jul: 5.57%
5.57%
Feb: 6.33%, Mar: 6.66%, Apr: 6.11%, May: 5.56%, Jun: 5.98%, Jul: 5.38%
5.38%
Feb: 3.57%, Mar: 4.14%, Apr: 4.83%, May: 4.43%, Jun: 4.63%, Jul: 4.78%
4.78%
Feb: 3.32%, Mar: 3.81%, Apr: 4.66%, May: 4.74%, Jun: 4.75%, Jul: 4.62%
4.62%

Full Portfolio (85 holdings)

#HoldingSector% to NAV
1Parag Parikh Liquid Fund- Direct Plan- Growthmf10.67%
2ICICI Bank LimitedFinancial Services6.04%
3Canara BankFinancial Services5.57%
4HDFC Bank LimitedFinancial Services5.38%
5Bharti Airtel LimitedTelecommunication4.78%
6Reliance Industries LimitedEnergy4.62%
7Axis Bank LimitedFinancial Services4.44%
8Kotak Mahindra Bank LimitedFinancial Services3.81%
9Bharat Heavy Electricals LimitedIndustrials2.96%
10State Bank of IndiaFinancial Services2.42%
11IDFC First Bank LimitedFinancial Services2.18%
12Tata Steel LimitedMaterials2.15%
13Mahindra & Mahindra LimitedConsumer Discretionary2.09%
14Bharat Electronics LimitedIndustrials1.96%
15UltraTech Cement LimitedMaterials1.85%
16CD - Canara Bankbond1.79%
17HDFC Bank Limitedbond1.78%
18Canara Bankbond1.78%
19Indian Bank^bond1.78%
20National Bank For Agriculture and Rural Developmentbond1.77%
21Shriram Finance LimitedFinancial Services1.76%
22Small Industries Development Bank of India (MD )bond1.76%
23NMDC LimitedMaterials1.72%
24Small Industries Development Bank of Indiabond1.72%
25Eicher Motors LimitedConsumer Discretionary1.54%
26GMR AIRPORTS LIMITEDServices1.12%
27Punjab National BankFinancial Services1.1%
28TRP_030826other1.06%
29Bajaj Finance LimitedFinancial Services1.04%
30Hindustan Aeronautics LimitedIndustrials1%
31DLF LimitedReal Estate0.93%
32Sun Pharmaceutical Industries LimitedHealthcare0.92%
33HDFC BANK LTD - CDbond0.91%
34Bank of Baroda (MD )bond0.9%
35Bank of BarodaFinancial Services0.87%
36Grasim Industries LimitedMaterials0.78%
37Bandhan Bank LimitedFinancial Services0.74%
38NBCC (India) LimitedIndustrials0.71%
39Cipla LimitedHealthcare0.63%
40NTPC LimitedUtilities0.62%
41The Indian Hotels Company LimitedConsumer Discretionary0.58%
42ETERNAL LIMITEDConsumer Discretionary0.57%
43Biocon LimitedHealthcare0.51%
44Jio Financial Services LimitedFinancial Services0.46%
45Glenmark Pharmaceuticals LimitedHealthcare0.45%
46Coal India LimitedEnergy0.42%
47Steel Authority of India LimitedMaterials0.38%
48Bajaj Finserv LimitedFinancial Services0.38%
49ITC LimitedConsumer Staples0.36%
50364 Days Treasury Billtbill0.36%
51Aditya Birla Capital LimitedFinancial Services0.34%
52LIC Housing Finance LimitedFinancial Services0.33%
53Varun Beverages LimitedConsumer Staples0.31%
54Hindalco Industries LimitedMaterials0.3%
55JSW Steel LimitedMaterials0.27%
56Zydus Lifesciences LimitedHealthcare0.24%
57Tata Power Company LimitedUtilities0.23%
58Oil & Natural Gas Corporation LimitedEnergy0.22%
59One 97 Communications LimitedFinancial Services0.2%
60Indus Towers LimitedTelecommunication0.19%
61Dabur India LimitedConsumer Staples0.19%
62Crompton Greaves Consumer Electricals LimitedConsumer Discretionary0.19%
63Inox Wind LimitedIndustrials0.12%
64PNB Housing Finance LimitedFinancial Services0.1%
65Godrej Properties LimitedReal Estate0.09%
66Larsen & Toubro LimitedIndustrials0.08%
67Divi's Laboratories LimitedHealthcare0.07%
68RBL Bank LimitedFinancial Services0.06%
69GAIL (India) LimitedUtilities0.06%
70TATA CONSUMER PRODUCTS LIMITEDConsumer Staples0.06%
71Tata Motors Passenger Vehicles LimitedConsumer Discretionary0.06%
72Hindustan Unilever LimitedConsumer Staples0.06%
73Yes Bank LimitedFinancial Services0.06%
74Indian Oil Corporation LimitedEnergy0.05%
75Asian Paints LimitedConsumer Discretionary0.04%
76Hindustan Petroleum Corporation LimitedEnergy0.04%
77Havells India LimitedConsumer Discretionary0.03%
78Power Grid Corporation of India LimitedUtilities0.03%
79AU Small Finance Bank LimitedFinancial Services0.02%
80SBI Life Insurance Company LimitedFinancial Services0.02%
81TVS Motor Company LimitedConsumer Discretionary0.01%
82The Federal Bank LimitedFinancial Services0.01%
83HDFC Life Insurance Company LimitedFinancial Services0%
84Cholamandalam Investment and Finance Company LimitedFinancial Services0%
85Net Receivables / (Payables)other-0.2%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 6.04% of Parag Parikh Arbitrage Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Canara Bank is 5.57% of Parag Parikh Arbitrage Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 5.38% of Parag Parikh Arbitrage Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 4.78% of Parag Parikh Arbitrage Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 4.62% of Parag Parikh Arbitrage Fund's net assets — its number 5 holding.

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 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.