Regular Plan · Growth · Arbitrage · Scheme code 145890
NAV₹14.9452as on 11 Nov 2026
Fund houseLIC Mutual Fund
CategoryArbitrage
Plan & optionRegular · Growth
History7.8 years
Returns (%)
1M
3M
6M
1Y
3Y
5Y
7Y
10Y
Launch
This scheme
0.57
1.47
3.11
6.22
6.41
5.93
5.21
—
5.28
Arbitrage category median
—
—
—
6.13
6.54
6.08
—
5.74
—
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
0.4%
-0.18
-0.24
—
—
-0.7%
—
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
1,674
2.1%
5.6%
7.5%
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.
LIC MF Arbitrage Fund
Regular Plan · Growth
Allocation
By asset
Equity
67.44%
Unclassified
28.87%
Cash & Equivalents
3.72%
By market cap
Large Cap
63.96%
Mid Cap
3.36%
Small Cap
0.12%
Unclassified
28.87%
Concentration
Number of stocks
35
Top 5 stocks
51.56%
Top 10 stocks
76.99%
Top 20 stocks
93.21%
Lines in the filing
37
Largest holding
15.63%
Largest sector
Banks 29.19%
Effective stocks
13.1
Sectors held
19
Cash
3.72%
Effective stocks is what the concentration works out to: a fund holding
35 names but most of its money in a few
behaves like a fund of 13. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Banks
29.19%
Unclassified
28.87%
Non - Ferrous Metals
6.66%
Petroleum Products
5.98%
Telecom - Services
5.36%
Ferrous Metals
5.30%
Cash & Equivalents
3.72%
Insurance
2.75%
Aerospace & Defense
2.52%
Finance
2.34%
Transport Infrastructure
2.24%
Automobiles
1.59%
Diversified FMCG
1.18%
Power
1.01%
Transport Services
0.50%
Consumer Durables
0.24%
Electrical Equipment
0.21%
Oil
0.20%
Pharmaceuticals & Biotechnology
0.15%
Construction
0.02%
LIC MF Arbitrage Fund
Regular Plan · Growth · holdings as on 30 Sep 2026
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
LIC MF ULTRA SHRT DUR FD -DIRECT PLAN
Unclassified
324,993
48
15.63%
2
LIC MF MONEY MARKET FUND-DIRECT PLAN-GR
Unclassified
308,742
40
13.24%
3
HDFC Bank Ltd.
Banks
378,300
27
8.80%
4
ICICI Bank Ltd.
Banks
166,600
22
7.23%
5
Hindalco Industries Ltd.
Non - Ferrous Metals
215,600
20
6.66%
6
State Bank of India
Banks
201,000
19
6.33%
7
Reliance Industries Ltd.
Petroleum Products
153,500
18
5.98%
8
Bharti Airtel Ltd.
Telecom - Services
85,975
15
4.96%
9
Tata Steel Ltd.
Ferrous Metals
816,750
15
4.94%
10
Treps
Unclassified
—
10
3.40%
11
Axis Bank Ltd.
Banks
80,000
10
3.22%
12
HDFC Life Insurance Company Ltd.
Insurance
160,600
8
2.75%
13
Bharat Electronics Ltd.
Aerospace & Defense
198,075
8
2.52%
14
Jio Financial Services Ltd.
Finance
319,600
7
2.28%
15
GMR Airports Ltd.
Transport Infrastructure
718,425
7
2.24%
16
Mahindra & Mahindra Ltd.
Automobiles
16,400
5
1.59%
17
Kotak Mahindra Bank Ltd.
Banks
116,000
5
1.59%
18
Hindustan Unilever Ltd.
Diversified FMCG
18,000
3
1.11%
19
Punjab National Bank
Banks
216,000
2
0.80%
20
NTPC Ltd.
Power
67,500
2
0.72%
21
IndusInd Bank Ltd.
Banks
21,000
2
0.62%
22
Bank of Baroda
Banks
78,975
2
0.60%
23
Container Corporation Of India Ltd.
Transport Services
33,750
2
0.50%
24
Indus Towers Ltd.
Telecom - Services
32,300
1
0.40%
25
JSW Steel Ltd.
Ferrous Metals
8,775
1
0.36%
26
Net Receivables / (Payables)
Unclassified
—
1
0.32%
27
Tata Power Company Ltd.
Power
24,650
1
0.29%
28
Bharat Heavy Electricals Ltd.
Electrical Equipment
15,750
1
0.21%
29
Oil & Natural Gas Corporation Ltd.
Oil
27,000
1
0.20%
30
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
2,450
0
0.15%
LIC MF Arbitrage Fund
Regular Plan · Growth · 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
₹9 cr
₹9 cr
5
6
-4.91%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
Mahindra & Mahindra Ltd.
16,400
entered
—
4.8
IndusInd Bank Ltd.
21,000
entered
—
1.9
Titan Company Ltd.
525
entered
—
0.2
Power Finance Corporation Ltd.
2,600
entered
—
0.1
Shriram Finance Ltd.
825
entered
—
0.1
Added to
ICICI Bank Ltd.
35,700
+27.3%
-9.1%
4.7
Reliance Industries Ltd.
32,000
+26.3%
-7.1%
3.8
Trimmed
GMR Airports Ltd.
355,725
-33.1%
+1.6%
3.4
Bharat Electronics Ltd.
72,675
-26.8%
-6.3%
2.8
NTPC Ltd.
36,000
-34.8%
-1.4%
1.2
Larsen & Toubro Ltd.
1,575
-90.0%
-7.1%
0.6
Oil & Natural Gas Corporation Ltd.
20,250
-42.9%
-2.6%
0.5
Hindustan Unilever Ltd.
900
-4.8%
-4.5%
0.2
Sold out of
Eicher Motors Ltd.
1,300
exited
—
1.0
Hindustan Petroleum Corporation Ltd.
14,175
exited
—
0.5
GAIL (India) Ltd.
17,750
exited
—
0.3
Max Financial Services Ltd.
1,600
exited
—
0.3
Power Grid Corporation of India Ltd.
7,600
exited
—
0.2
Tata Motors Passenger Vehicles Ltd.
4,800
exited
—
0.2
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹87 cr
₹88 cr
+₹0 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
₹703,281
₹103,281
6.29%
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.
