Direct Plan · Growth Option · Arbitrage · Scheme code 145724
NAV₹16.3709as on 25 Sep 2026
Fund houseTata Mutual Fund
CategoryArbitrage
Plan & optionDirect · Growth Option
History7.7 years
Returns (%)
1M
3M
6M
1Y
3Y
5Y
7Y
10Y
Launch
This scheme
0.56
1.61
3.14
6.79
7.51
6.81
6.45
—
6.55
Arbitrage category median
—
—
—
6.67
7.31
6.68
—
6.38
—
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
1.0%
0.98
1.87
—
—
-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
333
3.9%
6.8%
8.6%
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
Direct Plan · Growth Option
Allocation
By asset
Debt
20.26%
Mutual Fund Units
12.73%
Cash & Equivalents
1.03%
By market cap
Unclassified
32.99%
Concentration
Number of stocks
419
Top 5 stocks
26.31%
Top 10 stocks
33.81%
Top 20 stocks
46.07%
Lines in the filing
422
Largest holding
11.79%
Largest sector
CRISIL-A1+ 15.16%
Effective stocks
27.1
Sectors held
47
Cash
1.03%
Effective stocks is what the concentration works out to: a fund holding
419 names but most of its money in a few
behaves like a fund of 27. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
CRISIL-A1+
15.16%
CAPITAL MARKETS
12.73%
IND-A1+
2.33%
CRISIL-AAA
2.18%
Cash & Equivalents
1.03%
ICRA-AA+
0.30%
ICRA-A1+
0.29%
Electrical Equipment
0.03%
Capital Markets
0.02%
Pharmaceuticals & Biotechnology
0.02%
Consumable Fuels
0.01%
Industrial Products
0.01%
Realty
0.01%
Minerals & Mining
0.01%
Tata Arbitrage Fund
Direct Plan · Growth Option · holdings
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
TATA MONEY MARKET FUND
CAPITAL MARKETS
5,661,002
2,941
11.79%
2
HDFC BANK LTD
Banks
27,444,300
1,946
7.80%
3
AXIS BANK LTD
Banks
5,443,125
708
2.84%
4
** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 23/10/2026
CRISIL-A1+
10,000
496
1.99%
5
RELIANCE INDUSTRIES LTD
Petroleum Products
3,687,000
471
1.89%
6
BHARTI AIRTEL LTD
Telecom - Services
2,305,650
418
1.67%
7
VODAFONE IDEA LTD
Telecom - Services
278,895,450
400
1.60%
8
** - NABARD - CD - 28/01/2027
CRISIL-A1+
7,500
365
1.46%
9
STEEL AUTHORITY INDIA LTD
Ferrous Metals
18,127,900
353
1.42%
10
JIO FINANCIAL SERVICES LTD
Finance
13,923,750
336
1.35%
11
** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 25/03/2027
CRISIL-A1+
7,000
337
1.35%
12
** - NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT - CD - 12/03/2027
IND-A1+
7,000
338
1.35%
13
INDUS TOWERS LTD
Telecom - Services
8,564,600
333
1.33%
14
STATE BANK OF INDIA
Banks
3,038,250
322
1.29%
15
HINDUSTAN UNILEVER LTD
Diversified FMCG
1,596,600
314
1.26%
16
** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 14/01/2027
CRISIL-A1+
6,000
293
1.17%
17
HINDALCO INDUSTRIES LTD
Non - Ferrous Metals
2,817,500
286
1.15%
18
CANARA BANK
Banks
22,605,750
287
1.15%
19
BHARAT ELECTRONICS LTD
Aerospace & Defense
6,788,700
281
1.13%
20
ADANI POWER LTD
Power
13,546,800
268
1.08%
21
** - CANARA BANK - CD - 28/01/2027
CRISIL-A1+
5,500
268
1.07%
22
** - NABARD - CD - 17/03/2027
CRISIL-A1+
5,500
265
1.06%
23
ICICI BANK LTD
Banks
1,786,400
260
1.04%
24
HINDUSTAN AERONAUTICS LTD
Aerospace & Defense
532,050
255
1.02%
25
TVS MOTOR COMPANY LTD
Automobiles
581,875
253
1.01%
26
KOTAK MAHINDRA BANK LTD
Banks
6,004,000
252
1.01%
27
BHARAT HEAVY ELECTRICALS LTD
Electrical Equipment
5,549,250
246
0.98%
28
JSW STEEL LTD
Ferrous Metals
1,859,625
243
0.97%
29
I) REPO
Unclassified
—
239
0.96%
30
TATA ULTRA SHORT TERM FUND
CAPITAL MARKETS
146,282,409
236
0.94%
Tata Arbitrage Fund
Direct Plan · Growth Option · where the money sits
What the manager did last month
Between the filings of 31 Jul 2026 and 31 Aug 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
16
11
+0.62%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
ASTRAL LTD (ERSTWHILE ASTRAL POLY TECHNIK LTD)
-425
entered
—
-0.1
VOLTAS LTD
-750
entered
—
-0.1
TITAN COMPANY LTD
-175
entered
—
-0.1
COLGATE-PALMOLIVE INDIA LTD
-3,300
entered
—
-0.6
SUN PHARMACEUTICAL INDUSTRIES LTD
-9,100
entered
—
-1.8
SBI CARDS AND PAYMENT SERVICES LTD
-36,000
entered
—
-2.4
HCL TECHNOLOGIES LTD
-24,400
entered
—
-3.2
BAJAJ HOLDINGS & INVESTMENT LTD
-3,750
entered
—
-4.3
Sold out of
FSN E COMMERCE VENTURES LTD
-15,625
exited
—
-0.5
HAVELLS INDIA LTD
-46,000
exited
—
-5.8
BAJAJ AUTO LTD
-7,650
exited
—
-8.8
ETERNAL LTD
-603,825
exited
—
-18.4
CG POWER AND INDUSTRIAL SOLUTIONS LTD
-324,700
exited
—
-28.2
DALMIA BHARAT LTD
-164,450
exited
—
-29.8
REC LTD
-1,074,150
exited
—
-40.0
INDIAN BANK
-623,000
exited
—
-52.3
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹5,027 cr
₹5,055 cr
+₹28 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
₹720,471
₹120,471
7.25%
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. InvestVerdict 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 26 Sep 2026.
