Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
0.5%
0.26
0.36
—
—
-0.6%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
— months this scheme and its benchmark share.
Growth of ₹100 since launch
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
1,702
3.0%
6.0%
7.9%
0%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
Tata Arbitrage Fund
Regular Plan · Growth Option
Allocation
By asset
Debt
21.71%
Mutual Fund Units
13.02%
Cash & Equivalents
0.52%
By market cap
Unclassified
34.73%
Concentration
Number of stocks
429
Top 5 stocks
30.92%
Top 10 stocks
38.70%
Top 20 stocks
50.49%
Lines in the filing
433
Largest holding
12.05%
Largest sector
CRISIL-A1+ 16.50%
Effective stocks
25.5
Sectors held
48
Cash
0.52%
Effective stocks is what the concentration works out to: a fund holding
429 names but most of its money in a few
behaves like a fund of 26. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
CRISIL-A1+
16.50%
CAPITAL MARKETS
13.02%
IND-A1+
2.38%
CRISIL-AAA
2.22%
Cash & Equivalents
0.52%
ICRA-AA+
0.31%
ICRA-A1+
0.30%
Diversified FMCG
0.02%
Auto Components
0.01%
Ferrous Metals
0.01%
Automobiles
0.01%
Tata Arbitrage Fund
Regular Plan · Growth Option · holdings as on 30 Sep 2026
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
TATA MONEY MARKET FUND
CAPITAL MARKETS
5,661,002
2,957
12.05%
2
HDFC BANK LTD
Banks
27,319,500
1,936
7.89%
3
ICICI BANK LTD
Banks
8,059,800
1,065
4.34%
4
RELIANCE INDUSTRIES LTD
Petroleum Products
8,855,500
1,051
4.28%
5
AXIS BANK LTD
Banks
4,731,875
580
2.36%
6
** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 23/10/2026
CRISIL-A1+
10,000
498
2.03%
7
VODAFONE IDEA LTD
Telecom - Services
283,755,750
367
1.50%
8
** - NABARD - CD - 28/01/2027
CRISIL-A1+
7,500
367
1.49%
9
** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 25/03/2027
CRISIL-A1+
7,000
339
1.38%
10
** - NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT - CD - 12/03/2027
IND-A1+
7,000
340
1.38%
11
STEEL AUTHORITY INDIA LTD
Ferrous Metals
17,723,700
322
1.31%
12
BHARTI AIRTEL LTD
Telecom - Services
1,767,000
310
1.27%
13
INDUS TOWERS LTD
Telecom - Services
7,928,800
296
1.21%
14
STATE BANK OF INDIA
Banks
3,107,250
298
1.21%
15
JIO FINANCIAL SERVICES LTD
Finance
13,528,950
293
1.20%
16
** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 14/01/2027
CRISIL-A1+
6,000
294
1.20%
17
ADANI POWER LTD
Power
13,344,450
272
1.11%
18
** - CANARA BANK - CD - 28/01/2027
CRISIL-A1+
5,500
269
1.10%
19
CANARA BANK
Banks
22,491,000
269
1.09%
20
** - NABARD - CD - 17/03/2027
CRISIL-A1+
5,500
266
1.09%
21
HINDALCO INDUSTRIES LTD
Non - Ferrous Metals
2,806,300
264
1.08%
22
COAL INDIA LTD
Consumable Fuels
5,771,250
245
1.00%
23
TATA ULTRA SHORT TERM FUND
CAPITAL MARKETS
146,282,409
237
0.97%
24
DIVI LABORATORIES LTD
Pharmaceuticals & Biotechnology
241,700
225
0.92%
25
CUMMINS INDIA LTD
Industrial Products
469,000
223
0.91%
26
BHARAT HEAVY ELECTRICALS LTD
Electrical Equipment
5,318,250
221
0.90%
27
ADANI GREEN ENERGY LTD
Power
1,673,400
214
0.87%
28
ADANI ENERGY SOLUTIONS LTD
Power
1,582,875
208
0.85%
29
VARUN BEVERAGES LTD
Beverages
4,832,250
209
0.85%
30
JSW STEEL LTD
Ferrous Metals
1,640,250
206
0.84%
Tata Arbitrage Fund
Regular Plan · Growth Option · where the money sits
What the manager did last month
Between the filings of 31 Aug 2026 and 30 Sep 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹0 cr
₹0 cr
12
10
+0.52%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
BRITANNIA INDUSTRIES LTD
-125
entered
—
-0.1
PETRONET LNG LTD
-5,700
entered
—
-0.2
ABB INDIA LTD
-250
entered
—
-0.2
CG POWER AND INDUSTRIAL SOLUTIONS LTD
-5,950
entered
—
-0.5
BANK OF MAHARASHTRA
-78,000
entered
—
-0.6
SAGILITY LTD
-324,000
entered
—
-1.4
KEI INDUSTRIES LTD
-4,375
entered
—
-2.0
LAURUS LABS LTD
-10,200
entered
—
-2.0
Sold out of
UNO MINDA LTD
-550
exited
—
-0.1
ALKEM LABORATORIES LTD
-125
exited
—
-0.1
INOX WIND LTD
-83,200
exited
—
-0.6
COLGATE-PALMOLIVE INDIA LTD
-3,300
exited
—
-0.6
RAIL VIKAS NIGAM LTD
-51,975
exited
—
-1.1
ZYDUS LIFESCIENCES LTD
-38,700
exited
—
-4.5
UNITED SPIRITS LTD
-52,400
exited
—
-7.9
POWER GRID CORPORATION OF INDIA LTD
-744,800
exited
—
-19.7
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹5,055 cr
₹5,319 cr
+₹265 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
A ₹10,000 monthly SIP over five years
Invested
Value
Gain
XIRR
₹600,000
₹706,385
₹106,385
6.47%
XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has
been invested for a different length of time.
Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 12 Nov 2026.
