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Funds/Motilal Oswal Arbitrage Fund

Motilal Oswal Arbitrage Fund

Motilal Oswal Mutual Fund·Arbitrage Fund·vs Nifty 50 Arbitrage TRI

The fund is positioned as a classic arbitrage strategy capturing near-term convergence spreads, evidenced by its massive net receivables position and heavy allocation to certificate of deposit ladders maturing across Q3-Q4 2026. The significant portfolio churn—128 new entries and 88 exits—reflects the manager actively harvesting arbitrage opportunities while maintaining defensive positioning through liquidity instruments, signaling confidence in identifying pockets of mispricings while managing redemption risk prudently.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹11.0291————
Regular Growth₹10.8902+0.29%+6.28%——
Direct IDCW₹10.8678————
Regular IDCW₹10.7292————
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
112
Top 5 Weight
34.03%
Top 10 Weight
48.89%
Max Position
11.48%
Conviction Bets
11
Gini
0.645
Large Cap
45.52%
Mid Cap
16.05%
Small Cap
6.65%
Top Sector
Unclassified
Sector Count
29
HHI (bps)
36,295

vs Category Peers

Highly Differentiated
Active Share
97.62%
vs peer portfolio
Weight Overlap
-39.00%
with avg peer
Cosine Similarity
0.340
portfolio angle
Peer Count
34
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Similar Funds in Category

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Aditya Birla Sun Life Mutual Fund
Holdings
194
Top 5
28.21%
Gini
0.641
Axis Arbitrage Fund
Axis Mutual Fund
Holdings
166
Top 5
28.67%
Gini
0.637
LIC MF Arbitrage Fund
LIC Mutual Fund
Holdings
45
Top 5
42.43%
Gini
0.654
ICICI Prudential Equity Arbitrage Fund
ICICI Prudential Mutual Fund
Holdings
182
Top 5
31.34%
Gini
0.657
Invesco India Arbitrage Fund
Invesco Mutual Fund
Holdings
183
Top 5
23.72%
Gini
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Kotak Arbitrage Fund
Kotak Mutual Fund
Holdings
187
Top 5
27.82%
Gini
0.629

What Changed2026-03-31 → 2026-04-30

Holdings: 178 → 218+128 added−88 removed31 weight shifts ≥ 0.1%
StockWeight
TRP_0405266.18%
Canara Bank CD (MD 03/06/2026)1.02%
Indian Bank CD (MD 30/10/2026)0.99%
Punjab National Bank CD (MD 15/09/2026)1.00%
Small Ind Dev Bk of India CD (MD 28/10/2026)0.99%
Adani Enterprises Ltd0.39%
AU Small Finance Bank Limited0.12%
Avenue Supermarts Limited0.11%
Dabur India Ltd0.00%
The Federal Bank Limited0.02%
Hindustan Aeronautics Limited0.02%
Hero MotoCorp Ltd0.44%
Info Edge India Ltd0.05%
Interglobe Aviation Ltd0.70%
Muthoot Finance Ltd0.03%
Oil India Ltd0.41%
Oil & Natural Gas Corporation Ltd0.01%
PG Electroplast Limited0.22%
TVS Motor Company Ltd1.27%
Steel Authority of India Ltd0.49%
Supreme Industries Limited0.49%
Suzlon Energy Ltd0.07%
Tata Motors Passenger Vehicles Limited0.00%
ABCAPITAL_26/05/2026-2.87%
ADANIENT_26/05/2026-0.40%
ADANIENSOL_26/05/2026-0.06%
AUBANK_26/05/2026-0.12%
ADANIGREEN_26/05/2026-0.40%
ASIANPAINT_26/05/2026-0.30%
IDEA_26/05/2026-1.81%
DMART_26/05/2026-0.11%
BAJFINANCE_30/06/2026-0.33%
BAJAJHLDNG_26/05/2026-0.23%
BANDHANBNK_26/05/2026-0.20%
MPHASIS_26/05/2026-0.03%
BAJAJFINSV_26/05/2026-0.33%
BHEL_26/05/2026-0.20%
BEL_26/05/2026-1.01%
INDUSTOWER_26/05/2026-0.33%
BIOCON_26/05/2026-0.13%
BANKBARODA_26/05/2026-0.18%
BRITANNIA_26/05/2026-0.60%
BSE_26/05/2026-0.02%
APLAPOLLO_26/05/2026-0.07%
BHARTIARTL_30/06/2026-1.88%
BHARTIARTL_26/05/2026-2.62%
CROMPTON_26/05/2026-0.28%
CHOLAFIN_26/05/2026-4.57%
CIPLA_26/05/2026-0.55%
CGPOWER_26/05/2026-1.23%
DABUR_26/05/2026-0.00%
DIVISLAB_26/05/2026-0.28%
DLF_26/05/2026-0.32%
EICHERMOT_26/05/2026-0.30%
POLICYBZR_26/05/2026-0.82%
FEDERALBNK_26/05/2026-0.02%
GLENMARK_26/05/2026-0.01%
GODREJPROP_26/05/2026-0.27%
GRASIM_26/05/2026-1.30%
AMBUJACEM_26/05/2026-0.18%
HAL_26/05/2026-0.02%
HDFCAMC_26/05/2026-0.11%
HDFCBANK_30/06/2026-1.92%
HDFCBANK_26/05/2026-3.31%
HDFCLIFE_26/05/2026-0.16%
HEROMOTOCO_26/05/2026-0.44%
HINDALCO_26/05/2026-0.03%
HINDUNILVR_26/05/2026-0.03%
HINDZINC_26/05/2026-0.27%
ICICIBANK_26/05/2026-0.78%
SAMMAANCAP_26/05/2026-1.76%
IDFCFIRSTB_26/05/2026-0.17%
NAUKRI_26/05/2026-0.05%
INDHOTEL_26/05/2026-0.10%
INDUSINDBK_26/05/2026-2.48%
INDIGO_26/05/2026-0.71%
INOXWIND_26/05/2026-2.46%
ITC_26/05/2026-0.70%
JSWENERGY_26/05/2026-0.12%
JSWSTEEL_26/05/2026-0.39%
KALYANKJIL_26/05/2026-0.18%
CUMMINSIND_26/05/2026-0.16%
KOTAKBANK_30/06/2026-0.00%
KOTAKBANK_26/05/2026-2.66%
LT_26/05/2026-0.19%
LICHSGFIN_26/05/2026-0.14%
LODHA_26/05/2026-0.07%
MAXHEALTH_26/05/2026-0.14%
M&M_30/06/2026-0.39%
M&M_26/05/2026-1.23%
MARUTI_30/06/2026-0.02%
MARUTI_26/05/2026-1.61%
MFSL_26/05/2026-0.08%
MCX_26/05/2026-0.70%
UNITDSPR_26/05/2026-0.16%
MUTHOOTFIN_26/05/2026-0.03%
ADANIPORTS_26/05/2026-0.13%
COFORGE_26/05/2026-0.87%
OIL_26/05/2026-0.41%
PAYTM_26/05/2026-1.83%
ONGC_26/05/2026-0.01%
PGEL_26/05/2026-0.22%
PNBHOUSING_26/05/2026-1.11%
PRESTIGE_26/05/2026-0.23%
JIOFIN_26/05/2026-0.88%
RELIANCE_30/06/2026-0.52%
RELIANCE_26/05/2026-6.11%
RBLBANK_26/05/2026-0.48%
PATANJALI_26/05/2026-1.11%
TVSMOTOR_26/05/2026-1.28%
SAIL_26/05/2026-0.49%
SBIN_30/06/2026-0.57%
SHRIRAMFIN_26/05/2026-0.64%
SUNPHARMA_26/05/2026-0.71%
DELHIVERY_26/05/2026-0.04%
SUPREMEIND_26/05/2026-0.49%
SUZLON_26/05/2026-0.07%
TMPV_26/05/2026-0.00%
TATASTEEL_26/05/2026-0.28%
TIINDIA_26/05/2026-0.07%
TITAN_26/05/2026-0.54%
ULTRACEMCO_26/05/2026-0.06%
AXISBANK_30/06/2026-0.12%
AXISBANK_26/05/2026-2.27%
WAAREEENER_26/05/2026-0.30%
YESBANK_26/05/2026-0.31%
ETERNAL_30/06/2026-0.20%
ETERNAL_26/05/2026-1.42%

Full Holdings

#Holding% to NAV
1
Net Receivables / (Payables)
69.57%
2
Motilal Oswal Liquid Fund - Direct Growth
INF247L01734
11.48%
3
Reliance Industries Ltd
INE002A01018
6.60%
4
TRP_040526
CBLO
6.18%
5
HDFC Bank Ltd
INE040A01034
5.22%
6
Cholamandalam Investment and Finance Company Ltd
INE121A01024
4.54%
7
Bharti Airtel Ltd
INE397D01024
4.47%
8
Aditya Birla Capital Limited
INE674K01013
2.85%
9
Kotak Mahindra Bank Ltd
INE237A01036
2.64%
10
Indusind Bank Ltd
INE095A01012
2.46%
11
Inox Wind Ltd
INE066P01011
2.44%
12
Axis Bank Ltd
INE238A01034
2.38%
13
One 97 Communications Limited
INE982J01020
1.82%
14
Vodafone Idea Limited
INE669E01016
1.80%
15
Sammaan Capital Limited
INE148I01020
1.75%
16
Maruti Suzuki India Ltd
INE585B01010
1.61%
17
Eternal Limited
INE758T01015
1.61%
18
Mahindra & Mahindra Ltd
INE101A01026
1.61%
19
Grasim Industries Ltd
INE047A01021
1.30%
20
TVS Motor Company Ltd
INE494B01023
1.27%

Sector Allocation

16.2%
Insurance2.9%
Telecom - Services1.0%
Industrial Products1.0%
Banks1.0%
Consumer Durables1.0%
Aerospace & Defense1.0%
Auto Components1.0%
Realty1.0%
IT - Software1.0%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Motilal Oswal Arbitrage Fund hold?

Motilal Oswal Arbitrage Fund holds 112 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.03% of NAV.

What is the largest holding in Motilal Oswal Arbitrage Fund?

The largest position in Motilal Oswal Arbitrage Fund is Net Receivables / (Payables), accounting for 69.57% of NAV.

Is Motilal Oswal Arbitrage Fund a concentrated or diversified fund?

With a Gini coefficient of 0.645, Motilal Oswal Arbitrage Fund is moderately concentrated. The HHI concentration index is 36,295 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.03% of the portfolio.

What is the market cap allocation of Motilal Oswal Arbitrage Fund?

Based on SEBI's AMFI classification, Motilal Oswal Arbitrage Fund's equity portfolio is split as: Large Cap: 45.52%, Mid Cap: 16.05%, Small Cap: 6.65%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Motilal Oswal Arbitrage Fund invest in most?

Motilal Oswal Arbitrage Fund has the highest allocation to 1 (6.18%), Insurance (2.85%), Telecom - Services (1.03%). The fund is invested across 29 sectors in total.

How actively managed is Motilal Oswal Arbitrage Fund compared to other Arbitrage Fund funds?

Motilal Oswal Arbitrage Fund has an Active Share of 97.62%, classifying it as "Highly Differentiated" among 34 Arbitrage Fund peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in Motilal Oswal Arbitrage Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Motilal Oswal Arbitrage Fund added 128 new stocks (including TRP_040526) and exited 88 stocks (including Coforge Limited April 2026 Future). Total holding count increased from 178 to 218 stocks.