What JM Arbitrage Fund bought and sold in September 2026
This compares the fund's portfolio at the end of September 2026 with the month before. Both come from the monthly portfolio statement of JM Financial Mutual Fund.
JM Arbitrage Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
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| ICICI Bank Limited | Added | +4.4% | 4.54% |
|---|---|---|---|
| Axis Bank Limited | Reduced | −1.1% | 3.89% |
| Kotak Mahindra Bank Limited | Reduced | −42.9% | 2.94% |
| HDFC Bank Limited | Reduced | −86.4% | 0.70% |
| Vodafone Idea Limited | Reduced | −2.3% | 3.40% |
| Tata Steel Limited | Reduced | −15.4% | 3.27% |
| State Bank of India | Added | +0.8% | 2.60% |
| Bharti Airtel Limited | Reduced | −76.9% | 0.81% |
| Eicher Motors Limited | Reduced | −32.3% | 1.76% |
| Bandhan Bank Limited | Added | +7.5% | 1.90% |
| Larsen & Toubro Limited | Reduced | −67.7% | 0.77% |
| Bharat Heavy Electricals Limited | Reduced | −15.4% | 1.76% |
| IDFC First Bank Limited | Reduced | −15.2% | 1.73% |
| Bajaj Finance Limited | Reduced | −38.8% | 1.33% |
| Yes Bank Ltd | Reduced | −20.6% | 1.55% |
| Adani Port & Special Economic Zone Ltd | Reduced | −60.8% | 0.95% |
| NMDC Limited | Reduced | −4.3% | 1.37% |
| Bank of Baroda | Added | +10.2% | 1.29% |
| Maruti Suzuki India Limited | Reduced | −7.6% | 1.28% |
| Mahindra & Mahindra Limited | Reduced | −47.7% | 0.80% |
| Crompton Greaves Consumer Electrical Ltd | Reduced | −1.2% | 1.12% |
| JSW Steel Limited | Reduced | −55.7% | 0.67% |
| Sun Pharmaceutical Industries Limited | Reduced | −51.4% | 0.63% |
| ITC Limited | Reduced | −41.6% | 0.79% |
| Canara Bank | Reduced | −5.1% | 0.88% |
| Jio Financial Services Limited | Reduced | −4.9% | 0.87% |
| Hindustan Unilever Limited | Reduced | −64.6% | 0.38% |
| Punjab National Bank | Reduced | −75.0% | 0.27% |
| Biocon Limited | Reduced | −39.4% | 0.54% |
| Max Financial Services Limited | Sold out | −100% | was 0.67% |
| Shriram Finance Limited | Reduced | −68.8% | 0.24% |
| Ashok Leyland Limited | Reduced | −61.3% | 0.27% |
| Grasim Industries Limited | Reduced | −71.9% | 0.20% |
| InterGlobe Aviation Limited | Reduced | −21.9% | 0.55% |
| United Spirits Limited | Reduced | −6.3% | 0.48% |
| HDFC Asset Management Company Limited | Reduced | −50.0% | 0.28% |
| NTPC Limited | Reduced | −55.8% | 0.27% |
| Info Edge (India) Limited | Reduced | −44.8% | 0.32% |
| RBL Bank Limited | Reduced | −26.7% | 0.41% |
| Hindalco Industries Limited | Reduced | −82.1% | 0.10% |
| TVS Motor Company Limited | Reduced | −57.7% | 0.23% |
| DLF Limited | Reduced | −93.3% | 0.04% |
| AU Small Finance Bank Limited | Reduced | −94.4% | 0.03% |
| Hindustan Aeronautics Limited | Reduced | −81.5% | 0.10% |
| HDFC Life Insurance Company Limited | Reduced | −65.6% | 0.19% |
| Tata Consultancy Services Limited | Sold out | −100% | was 0.39% |
| Cipla Limited | Reduced | −89.7% | 0.05% |
| Adani Green Energy Limited | Reduced | −63.6% | 0.18% |
| Tata Consumer Products Limited | Reduced | −20.0% | 0.31% |
| Coal India Limited | Reduced | −96.3% | 0.02% |
| Muthoot Finance Limited | Sold out | −100% | was 0.24% |
| UPL Limited | Reduced | −15.4% | 0.24% |
| Tata Motors Passenger Vehicles Limited | Sold out | −100% | was 0.22% |
| Patanjali Foods Limited | Sold out | −100% | was 0.21% |
| JSW Energy Limited | Added | +8.3% | 0.20% |
| Colgate Palmolive (India) Limited | Sold out | −100% | was 0.19% |
| UltraTech Cement Limited | Reduced | −81.3% | 0.05% |
| The Tata Power Company Limited | Reduced | −61.1% | 0.11% |
| Hero MotoCorp Limited | Sold out | −100% | was 0.19% |
| GMR Airports Limited | Reduced | −76.9% | 0.06% |
| Hindustan Zinc Limited | Reduced | −80.0% | 0.04% |
| Bharat Petroleum Corporation Limited | Reduced | −27.3% | 0.14% |
| CG Power And Industrial Solutions Ltd | Sold out | −100% | was 0.13% |
| ICICI Prudential Life Insurance Company | Sold out | −100% | was 0.10% |
| Eternal Limited | New | New | 0.07% |
| Dabur India Limited | Reduced | −66.7% | 0.03% |
| UNO Minda Limited | Sold out | −100% | was 0.06% |
| Vishal Mega Mart Limited | Sold out | −100% | was 0.06% |
| ICICI Lombard General Insurance Company | Reduced | −60.0% | 0.03% |
| GAIL (India) Limited | Sold out | −100% | was 0.04% |
| Rail Vikas Nigam Limited | Sold out | −100% | was 0.03% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Frequently Asked Questions
Which new stocks did JM Arbitrage Fund buy in September 2026?
It bought 1 new stock: Eternal Limited (0.07%). Each figure is the stock's share of the fund at the end of September 2026.
Which stocks did JM Arbitrage Fund sell completely in September 2026?
It sold all its shares in Max Financial Services Limited (0.67%), Tata Consultancy Services Limited (0.39%), Muthoot Finance Limited (0.24%), Tata Motors Passenger Vehicles Limited (0.22%), Patanjali Foods Limited (0.21%), Colgate Palmolive (India) Limited (0.19%), Hero MotoCorp Limited (0.19%), CG Power And Industrial Solutions Ltd (0.13%), ICICI Prudential Life Insurance Company (0.10%) and UNO Minda Limited (0.06%). Each figure is the stock's share of the fund at the end of August 2026.
Which stocks did JM Arbitrage Fund buy more of in September 2026?
The largest increases in shares held were Bank of Baroda (+10.2%), JSW Energy Limited (+8.3%), Bandhan Bank Limited (+7.5%), ICICI Bank Limited (+4.4%) and State Bank of India (+0.8%).
Which stocks did JM Arbitrage Fund sell part of in September 2026?
The largest cuts in shares held were Coal India Limited (−96.3%), AU Small Finance Bank Limited (−94.4%), DLF Limited (−93.3%), Cipla Limited (−89.7%) and HDFC Bank Limited (−86.4%). It reduced 47 more.
How are these changes worked out?
WealthGamma compares the number of shares JM Arbitrage Fund held on 30-09-2026 with 31-08-2026. Both figures come from the monthly portfolio statement of JM Financial Mutual Fund. A change in share price alone does not count as buying or selling.
See NAV, expense ratio and full holdings of JM Arbitrage Fund
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.