Mirae Asset Arbitrage Fund

Mirae Asset Mutual FundHybridPortfolio as of 30 September 2026

Mirae Asset Arbitrage Fund holds 198 instruments (73.41% equity), led by Larsen & Toubro Limited (1.78%), APL Apollo Tubes Limited (0.92%) and BSE Limited (0.91%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings

198

Equity Allocation

73.41%

AMC

Mirae Asset Mutual Fund

Portfolio Analysis

Mirae Asset Arbitrage Fund's top 10 holdings account for 9.24% of its portfolio, more diversified than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 18.79% of net assets, spread across 12 sectors in total. Since its 31 August 2026 disclosure, the fund added 21 new positions and exited 12 positions, with Cochin Shipyard Limited seeing the largest move (-0.84pp to 0.05%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Other

26.54%

Financial Services

18.79%

Consumer Discretionary

13.15%

Industrials

8.82%

Materials

6.99%

Healthcare

5.81%

Consumer Staples

4.43%

Information Technology

3.76%

Energy

3.41%

Utilities

3.23%

Real Estate

1.92%

Services

1.82%

Telecommunication

1.28%

Top 10 Equity Holdings

Larsen & Toubro Limited · 1.78%APL Apollo Tubes Limited · 0.92%BSE Limited · 0.91%Infosys Limited · 0.9%Tata Consultancy Services Limited · 0.84%Reliance Industries Limited · 0.83%Trent Limited · 0.8%Angel One Limited · 0.77%Kalyan Jewellers India Limited · 0.75%Grasim Industries Limited · 0.74%

What Changed: August 2026 → September 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.

21 new entries12 exits10 increased10 reduced

New Entries

Complete Exits

Steel Authority of India Limited · was 1.11%Oracle Financial Services Software Limited · was 0.57%RBL Bank Limited · was 0.54%HCL Technologies Limited · was 0.48%Cipla Limited · was 0.28%Bharat Electronics Limited · was 0.27%REC Limited · was 0.26%Kfin Technologies Limited · was 0.26%Prestige Estates Projects Limited · was 0.14%ICICI Prudential Life Insurance Company Limited · was 0.13%LTM Limited · was 0.08%Waaree Energies Limited · was 0.03%

Biggest Weight Increases

Stock	Weight	Change
Larsen & Toubro Limited	1.22% → 1.78%	▲ +0.56
Angel One Limited	0.28% → 0.77%	▲ +0.49
Astral Limited	0.01% → 0.43%	▲ +0.42
Grasim Industries Limited	0.33% → 0.74%	▲ +0.41
Tata Consultancy Services Limited	0.47% → 0.84%	▲ +0.37
Laurus Labs Limited	0.09% → 0.44%	▲ +0.35
Reliance Industries Limited	0.51% → 0.83%	▲ +0.32
Tata Motors Passenger Vehicles Limited	0% → 0.3%	▲ +0.3
Premier Energies Limited	0.35% → 0.64%	▲ +0.29
Lupin Limited	0.13% → 0.39%	▲ +0.26

Biggest Weight Reductions

Stock	Weight	Change
Cochin Shipyard Limited	0.89% → 0.05%	▼ -0.84
Vedanta Limited	1.35% → 0.71%	▼ -0.64
Shriram Finance Limited	0.65% → 0.07%	▼ -0.58
Trent Limited	1.37% → 0.8%	▼ -0.57
BSE Limited	1.46% → 0.91%	▼ -0.55
Manappuram Finance Limited	0.64% → 0.09%	▼ -0.55
ICICI Lombard General Insurance Company Limited	0.54% → 0.04%	▼ -0.5
SHREE CEMENT LIMITED	0.5% → 0.05%	▼ -0.45
Vodafone Idea Limited	0.85% → 0.43%	▼ -0.42
Axis Bank Limited	0.99% → 0.6%	▼ -0.39

Top Holdings — Weight Trend

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

Larsen & Toubro Limited

1.78%

APL Apollo Tubes Limited

0.92%

BSE Limited

0.91%

Infosys Limited

0.9%

Tata Consultancy Services Limited

0.84%

Full Portfolio (198 holdings)

#	Holding	Sector	% to NAV
1	TREPStreps	—	11.55%
2	Mirae Asset Liquid Fund - Direct Plan - Growthmf	—	9.89%
3	Mirae Asset Money Market Fund Direct Growthmf	—	4.94%
4	Larsen & Toubro Limited	Industrials	1.78%
5	APL Apollo Tubes Limited	Industrials	0.92%
6	BSE Limited	Financial Services	0.91%
7	Infosys Limited	Information Technology	0.9%
8	Tata Consultancy Services Limited	Information Technology	0.84%
9	Reliance Industries Limited	Energy	0.83%
10	Trent Limited	Consumer Discretionary	0.8%
11	Angel One Limited	Financial Services	0.77%
12	Kalyan Jewellers India Limited	Consumer Discretionary	0.75%
13	Grasim Industries Limited	Materials	0.74%
14	Multi Commodity Exchange of India Limited	Financial Services	0.74%
15	Maruti Suzuki India Limited	Consumer Discretionary	0.74%
16	LIC Housing Finance Limited	Financial Services	0.73%
17	Life Insurance Corporation Of India	Financial Services	0.72%
18	Cummins India Limited	Industrials	0.72%
19	Pidilite Industries Limited	Materials	0.71%
20	ICICI Bank Limited	Financial Services	0.71%
21	Vedanta Limited	Materials	0.71%
22	Patanjali Foods Limited	Consumer Staples	0.68%
23	Aurobindo Pharma Limited	Healthcare	0.67%
24	State Bank of India	Financial Services	0.66%
25	Polycab India Limited	Industrials	0.65%
26	Premier Energies Limited	Industrials	0.64%
27	Info Edge (India) Limited	Consumer Discretionary	0.64%
28	Bharat Petroleum Corporation Limited	Energy	0.63%
29	TVS Motor Company Limited	Consumer Discretionary	0.62%
30	Delhivery Limited	Services	0.62%
31	InterGlobe Aviation Limited	Services	0.61%
32	Divi's Laboratories Limited	Healthcare	0.61%
33	Axis Bank Limited	Financial Services	0.6%
34	Ashok Leyland Limited	Industrials	0.59%
35	Radico Khaitan Limited	Consumer Staples	0.58%
36	PG Electroplast Limited	Consumer Discretionary	0.56%
37	Bajaj Finance Limited	Financial Services	0.56%
38	Bharat Forge Limited	Consumer Discretionary	0.55%
39	NMDC Limited	Materials	0.55%
40	Sun Pharmaceutical Industries Limited	Healthcare	0.55%
41	Mahindra & Mahindra Limited	Consumer Discretionary	0.55%
42	Havells India Limited	Consumer Discretionary	0.54%
43	Bharti Airtel Limited	Telecommunication	0.54%
44	Titan Company Limited	Consumer Discretionary	0.54%
45	JSW Steel Limited	Materials	0.53%
46	Godrej Properties Limited	Real Estate	0.53%
47	SRF Limited	Materials	0.53%
48	The Federal Bank Limited	Financial Services	0.53%
49	CG Power and Industrial Solutions Limited	Industrials	0.52%
50	Tata Steel Limited	Materials	0.52%
51	UltraTech Cement Limited	Materials	0.49%
52	Ather Energy Limited	Consumer Discretionary	0.48%
53	Central Depository Services (India) Limited	Financial Services	0.48%
54	The Phoenix Mills Limited	Real Estate	0.48%
55	Coal India Limited	Energy	0.48%
56	Computer Age Management Services Limited	Financial Services	0.47%
57	HDFC Bank Limited	Financial Services	0.46%
58	Glenmark Pharmaceuticals Limited	Healthcare	0.46%
59	IndusInd Bank Limited	Financial Services	0.45%
60	One 97 Communications Limited	Financial Services	0.45%
61	NTPC Limited	Utilities	0.45%
62	Muthoot Finance Limited	Financial Services	0.45%
63	Oberoi Realty Limited	Real Estate	0.44%
64	360 ONE WAM LIMITED	Financial Services	0.44%
65	GAIL (India) Limited	Utilities	0.44%
66	Laurus Labs Limited	Healthcare	0.44%
67	Hindustan Unilever Limited	Consumer Staples	0.44%
68	Asian Paints Limited	Consumer Discretionary	0.43%
69	National Aluminium Company Limited	Materials	0.43%
70	Astral Limited	Industrials	0.43%
71	Bandhan Bank Limited	Financial Services	0.43%
72	JSW Energy Limited	Utilities	0.43%
73	Vodafone Idea Limited	Telecommunication	0.43%
74	Biocon Limited	Healthcare	0.42%
75	ITC Limited	Consumer Staples	0.41%
76	Oil & Natural Gas Corporation Limited	Energy	0.41%
77	Coforge Limited	Information Technology	0.41%
78	Oil India Limited	Energy	0.4%
79	Canara Bank	Financial Services	0.4%
80	Swiggy Limited	Consumer Discretionary	0.4%
81	SBI Life Insurance Company Limited	Financial Services	0.4%
82	Marico Limited	Consumer Staples	0.4%
83	Hitachi Energy India Limited	Industrials	0.4%
84	Motilal Oswal Financial Services Limited	Financial Services	0.39%
85	Persistent Systems Limited	Information Technology	0.39%
86	Eicher Motors Limited	Consumer Discretionary	0.39%
87	Bosch Limited	Consumer Discretionary	0.39%
88	Lupin Limited	Healthcare	0.39%
89	Max Healthcare Institute Limited	Healthcare	0.39%
90	Bank of Baroda	Financial Services	0.39%
91	Adani Green Energy Limited	Utilities	0.38%
92	Tube Investments of India Limited	Consumer Discretionary	0.38%
93	Hindustan Petroleum Corporation Limited	Energy	0.38%
94	TATA CONSUMER PRODUCTS LIMITED	Consumer Staples	0.37%
95	Adani Energy Solutions Limited	Utilities	0.37%
96	HDFC Asset Management Company Limited	Financial Services	0.37%
97	NHPC Limited	Utilities	0.37%
98	Fortis Healthcare Limited	Healthcare	0.36%
99	Adani Enterprises Limited	Materials	0.36%
100	Alkem Laboratories Limited	Healthcare	0.36%
101	PB Fintech Limited	Financial Services	0.36%
102	The Indian Hotels Company Limited	Consumer Discretionary	0.35%
103	L&T Finance Limited	Financial Services	0.35%
104	Voltas Limited	Consumer Discretionary	0.35%
105	Apollo Hospitals Enterprise Limited	Healthcare	0.35%
106	PNB Housing Finance Limited	Financial Services	0.35%
107	Punjab National Bank	Financial Services	0.34%
108	MphasiS Limited	Information Technology	0.34%
109	Hindalco Industries Limited	Materials	0.34%
110	Cholamandalam Investment and Finance Company Limited	Financial Services	0.34%
111	Nestle India Limited	Consumer Staples	0.34%
112	Adani Ports and Special Economic Zone Limited	Services	0.34%
113	Aditya Birla Capital Limited	Financial Services	0.33%
114	Samvardhana Motherson International Limited	Consumer Discretionary	0.32%
115	Avenue Supermarts Limited	Consumer Discretionary	0.32%
116	Bank of Maharashtra	Financial Services	0.31%
117	Indus Towers Limited	Telecommunication	0.31%
118	Vishal Mega Mart Limited	Consumer Discretionary	0.31%
119	Bajaj Finserv Limited	Financial Services	0.31%
120	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.3%
121	HDFC Life Insurance Company Limited	Financial Services	0.3%
122	UPL Limited	Materials	0.3%
123	Hindustan Zinc Limited	Materials	0.3%
124	SAGILITY LIMITED	Information Technology	0.29%
125	UNO Minda Limited	Consumer Discretionary	0.29%
126	SBI Cards and Payment Services Limited	Financial Services	0.28%
127	AU Small Finance Bank Limited	Financial Services	0.28%
128	Tech Mahindra Limited	Information Technology	0.28%
129	Indian Energy Exchange Limited	Financial Services	0.28%
130	GE Vernova T&D India Limited	Industrials	0.28%
131	Varun Beverages Limited	Consumer Staples	0.28%
132	Indian Oil Corporation Limited	Energy	0.28%
133	Jio Financial Services Limited	Financial Services	0.28%
134	Page Industries Limited	Consumer Discretionary	0.27%
135	Hero MotoCorp Limited	Consumer Discretionary	0.27%
136	Bajaj Auto Limited	Consumer Discretionary	0.27%
137	Torrent Pharmaceuticals Limited	Healthcare	0.27%
138	KEI Industries Limited	Industrials	0.27%
139	Dabur India Limited	Consumer Staples	0.26%
140	DLF Limited	Real Estate	0.26%
141	United Spirits Limited	Consumer Staples	0.26%
142	ETERNAL LIMITED	Consumer Discretionary	0.26%
143	Ambuja Cements Limited	Materials	0.25%
144	Amber Enterprises India Limited	Consumer Discretionary	0.25%
145	Union Bank of India	Financial Services	0.25%
146	ABB India Limited	Industrials	0.25%
147	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.25%
148	Max Financial Services Limited	Financial Services	0.25%
149	Power Finance Corporation Limited	Financial Services	0.24%
150	Adani Power Limited	Utilities	0.24%
151	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.23%
152	Supreme Industries Limited	Industrials	0.22%
153	Yes Bank Limited	Financial Services	0.22%
154	Nippon Life India Asset Management Limited	Financial Services	0.22%
155	IDFC First Bank Limited	Financial Services	0.22%
156	KPIT Technologies Limited	Information Technology	0.22%
157	Container Corporation of India Limited	Services	0.21%
158	Suzlon Energy Limited	Industrials	0.21%
159	Lodha Developers Limited	Real Estate	0.21%
160	Zydus Lifesciences Limited	Healthcare	0.21%
161	Bank of India	Financial Services	0.2%
162	Power Grid Corporation of India Limited	Utilities	0.2%
163	Mankind Pharma Limited	Healthcare	0.19%
164	Tata Power Company Limited	Utilities	0.18%
165	Hindustan Aeronautics Limited	Industrials	0.17%
166	Bharat Heavy Electricals Limited	Industrials	0.17%
167	Solar Industries India Limited	Materials	0.17%
168	Petronet LNG Limited	Utilities	0.17%
169	Net Receivables / (Payables)other	—	0.16%
170	Godrej Consumer Products Limited	Consumer Staples	0.15%
171	Sona BLW Precision Forgings Limited	Consumer Discretionary	0.14%
172	Dr. Reddy's Laboratories Limited	Healthcare	0.14%
173	Colgate Palmolive (India) Limited	Consumer Staples	0.14%
174	Kaynes Technology India Limited	Industrials	0.14%
175	Mazagon Dock Shipbuilders Limited	Industrials	0.13%
176	NBCC (India) Limited	Industrials	0.12%
177	Bajaj Holdings & Investment Limited	Financial Services	0.11%
178	Godfrey Phillips India Limited	Consumer Staples	0.11%
179	Bharat Dynamics Limited	Industrials	0.11%
180	Indian Bank	Financial Services	0.09%
181	Manappuram Finance Limited	Financial Services	0.09%
182	Wipro Limited	Information Technology	0.09%
183	FORCE MOTORS LTD	Consumer Discretionary	0.08%
184	Shriram Finance Limited	Financial Services	0.07%
185	Kotak Mahindra Bank Limited	Financial Services	0.06%
186	Jubilant Foodworks Limited	Consumer Discretionary	0.06%
187	Ujjivan Small Finance Bank Limited	Financial Services	0.06%
188	SHREE CEMENT LIMITED	Materials	0.05%
189	Cochin Shipyard Limited	Industrials	0.05%
190	Anand Rathi Wealth Limited	Financial Services	0.05%
191	Dixon Technologies (India) Limited	Consumer Discretionary	0.05%
192	ICICI Lombard General Insurance Company Limited	Financial Services	0.04%
193	Siemens Energy India Limited	Industrials	0.04%
194	GMR AIRPORTS LIMITED	Services	0.04%
195	Hyundai Motor India Limited	Consumer Discretionary	0.02%
196	Rail Vikas Nigam Limited	Industrials	0.01%
197	JINDAL STEEL LIMITED	Materials	0.01%
198	Britannia Industries Limited	Consumer Staples	0.01%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, Larsen & Toubro Limited is 1.78% of Mirae Asset Arbitrage Fund's net assets — its number 1 holding.

Yes. As of its 30 September 2026 disclosure, APL Apollo Tubes Limited is 0.92% of Mirae Asset Arbitrage Fund's net assets — its number 2 holding.

Yes. As of its 30 September 2026 disclosure, BSE Limited is 0.91% of Mirae Asset Arbitrage Fund's net assets — its number 3 holding.

Yes. As of its 30 September 2026 disclosure, Infosys Limited is 0.9% of Mirae Asset Arbitrage Fund's net assets — its number 4 holding.

Yes. As of its 30 September 2026 disclosure, Tata Consultancy Services Limited is 0.84% of Mirae Asset 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: Mirae Asset 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.