LIC MF ARBITRAGE FUND holds 37 instruments (67.44% equity), led by HDFC Bank Limited (8.8%), ICICI Bank Limited (7.23%) and Hindalco Industries Limited (6.66%), as of its 30 September 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 30 September 2026. The fund holds 37 instruments with an equity allocation of 67.44%. 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 53.39% of its portfolio, more concentrated than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 34.28% of net assets, spread across 10 sectors in total. Since its 31 August 2026 disclosure, the fund added 5 new positions and exited 6 positions, with Bharat Electronics Limited seeing the largest move (-1.1pp to 2.52%).
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 |
|---|---|---|
| ICICI Bank Limited | 6.14% → 7.23% | ▲ +1.09 |
| Reliance Industries Limited | 5% → 5.98% | ▲ +0.98 |
| HDFC Bank Limited | 8.65% → 8.8% | ▲ +0.15 |
| Stock | Weight | Change |
|---|---|---|
| Bharat Electronics Limited | 3.62% → 2.52% | ▼ -1.1 |
| GMR AIRPORTS LIMITED | 3.24% → 2.24% | ▼ -1 |
| State Bank of India | 6.87% → 6.33% | ▼ -0.54 |
| Hindalco Industries Limited | 7.06% → 6.66% | ▼ -0.4 |
| NTPC Limited | 1.09% → 0.72% | ▼ -0.37 |
| Larsen & Toubro Limited | 0.23% → 0.02% | ▼ -0.21 |
| Jio Financial Services Limited | 2.49% → 2.28% | ▼ -0.21 |
| Oil & Natural Gas Corporation Limited | 0.35% → 0.2% | ▼ -0.15 |
| Axis Bank Limited | 3.35% → 3.22% | ▼ -0.13 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | LIC MF Ultra Short Duration Fund-Direct Plan-Growthmf | — | 15.63% |
| 2 | LIC MF Money Market Fund-Direct Plan-Growthmf | — | 13.24% |
| 3 | HDFC Bank Limited | Financial Services | 8.8% |
| 4 | ICICI Bank Limited | Financial Services | 7.23% |
| 5 | Hindalco Industries Limited | Materials | 6.66% |
| 6 | State Bank of India | Financial Services | 6.33% |
| 7 | Reliance Industries Limited | Energy | 5.98% |
| 8 | Bharti Airtel Limited | Telecommunication | 4.96% |
| 9 | Tata Steel Limited | Materials | 4.94% |
| 10 | TREPStreps | — | 3.4% |
| 11 | Axis Bank Limited | Financial Services | 3.22% |
| 12 | HDFC Life Insurance Company Limited | Financial Services | 2.75% |
| 13 | Bharat Electronics Limited | Industrials | 2.52% |
| 14 | Jio Financial Services Limited | Financial Services | 2.28% |
| 15 | GMR AIRPORTS LIMITED | Services | 2.24% |
| 16 | Mahindra & Mahindra Limited | Consumer Discretionary | 1.59% |
| 17 | Kotak Mahindra Bank Limited | Financial Services | 1.59% |
| 18 | Hindustan Unilever Limited | Consumer Staples | 1.11% |
| 19 | Punjab National Bank | Financial Services | 0.8% |
| 20 | NTPC Limited | Utilities | 0.72% |
| 21 | IndusInd Bank Limited | Financial Services | 0.62% |
| 22 | Bank of Baroda | Financial Services | 0.6% |
| 23 | Container Corporation of India Limited | Services | 0.5% |
| 24 | Indus Towers Limited | Telecommunication | 0.4% |
| 25 | JSW Steel Limited | Materials | 0.36% |
| 26 | Net Receivables / (Payables)other | — | 0.32% |
| 27 | Tata Power Company Limited | Utilities | 0.29% |
| 28 | Bharat Heavy Electricals Limited | Industrials | 0.21% |
| 29 | Oil & Natural Gas Corporation Limited | Energy | 0.2% |
| 30 | Sun Pharmaceutical Industries Limited | Healthcare | 0.15% |
| 31 | Crompton Greaves Consumer Electricals Limited | Consumer Discretionary | 0.12% |
| 32 | Titan Company Limited | Consumer Discretionary | 0.08% |
| 33 | ITC Limited | Consumer Staples | 0.07% |
| 34 | Asian Paints Limited | Consumer Discretionary | 0.04% |
| 35 | Power Finance Corporation Limited | Financial Services | 0.03% |
| 36 | Shriram Finance Limited | Financial Services | 0.03% |
| 37 | Larsen & Toubro Limited | Industrials | 0.02% |
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 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.