JM Arbitrage Advantage Fund (An Open-Ended Equity Oriented Scheme)

Name of the Instruments Industry/Rating Quantity Market Value % age to NAV

EQUITY & EQUITY RELATED

a) Listed/Awaiting Listing On Stock Exchange

Tata Global Beverages Ltd. Consumer Non Durables 3,465,000 9,546.08 2.46
JSW Steel Ltd. Ferrous Metals 2,691,000 8,401.30 2.16
Reliance Industries Ltd. Petroleum Products 844,000 8,056.40 2.07
Dewan Housing Finance Corporation Ltd. Finance 1,459,500 7,971.79 2.06
Tata Chemicals Ltd. Chemicals 810,000 5,707.67 1.48
IDFC Ltd. Finance 10,480,800 5,549.58 1.44
Bank of Baroda Banks 3,484,000 4,945.54 1.28
IDFC Bank Ltd. Banks 9,540,000 4,913.10 1.27
Dr. Reddy's Laboratories Ltd. Pharmaceuticals 214,250 4,793.31 1.24
Tata Motors Ltd. Auto 1,273,500 4,710.68 1.22
Jindal Steel & Power Ltd. Ferrous Metals 1,755,000 4,464.72 1.15
Reliance Capital Ltd. Finance 934,500 4,413.18 1.14
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 803,000 4,298.86 1.11
Punjab National Bank Banks 4,212,000 4,270.97 1.10
Lupin Ltd. Pharmaceuticals 519,600 4,260.46 1.10
Fortis Healthcare Ltd. Healthcare Services 2,621,500 4,189.16 1.08
ITC Ltd. Consumer Non Durables 1,531,200 4,058.45 1.05
The South Indian Bank Ltd. Banks 15,112,296 4,019.87 1.04
Indiabulls Housing Finance Ltd. Finance 320,400 4,018.14 1.04
TV18 Broadcast Ltd. Media & Entertainment 6,222,000 3,898.08 1.01
Tata Communications Ltd. Telecom - Services 601,600 3,864.38 1.00
Multi Commodity Exchange of India Ltd. Finance 474,000 3,697.91 0.96
Reliance Infrastructure Ltd. Power 793,000 3,612.91 0.93
Jet Airways (India) Ltd. Transportation 422,400 3,151.53 0.82
CESC Ltd. Power 300,300 3,073.42 0.79
Bharat Financial Inclusion Ltd. Finance 292,000 2,996.21 0.77
Reliance Power Ltd. Power 6,552,000 2,928.74 0.76
State Bank of India Banks 1,092,000 2,926.56 0.76
The Karnataka Bank Ltd. Banks 2,139,400 2,891.40 0.75
Motherson Sumi Systems Ltd. Auto Ancillaries 872,000 2,877.60 0.74
United Spirits Ltd. Consumer Non Durables 85,750 2,822.85 0.73
KPIT Technologies Ltd. Software 1,264,500 2,732.58 0.71
Gujarat State Fertilizers & Chemicals Ltd. Fertilisers 2,088,000 2,675.77 0.69
Raymond Ltd. Textile Products 272,800 2,603.74 0.67
IRB Infrastructure Developers Ltd. Construction 1,125,000 2,571.75 0.67
LIC Housing Finance Ltd. Finance 506,000 2,569.47 0.66
Asian Paints Ltd. Consumer Non Durables 219,000 2,447.87 0.63
Jain Irrigation Systems Ltd. Industrial Products 2,088,000 2,441.92 0.63
Steel Authority of India Ltd. Ferrous Metals 2,904,000 2,416.13 0.62
Maruti Suzuki India Ltd. Auto 26,175 2,316.74 0.60
Equitas Holdings Ltd. Finance 1,523,200 2,269.57 0.59
Jaiprakash Associates Ltd. Cement 12,580,000 2,226.66 0.58
L&T Finance Holdings Ltd Finance 1,363,500 2,212.96 0.57
The India Cements Ltd. Cement 1,386,000 2,207.21 0.57
Infosys Ltd. Software 187,200 2,195.11 0.57
Tata Motors Ltd. Auto 1,010,000 2,089.69 0.54
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 368,100 2,004.49 0.52
Axis Bank Ltd. Banks 350,400 1,852.74 0.48
GMR Infrastructure Ltd. Construction Project 9,630,000 1,824.89 0.47
Tata Consultancy Services Ltd. Software 59,750 1,813.44 0.47
Jubilant Foodworks Ltd. Consumer Non Durables 84,000 1,708.56 0.44
Tata Elxsi Ltd. Software 161,600 1,702.05 0.44
Dish TV India Ltd. Media & Entertainment 2,275,000 1,674.40 0.43
Aurobindo Pharma Ltd. Pharmaceuticals 268,800 1,650.16 0.43
Titan Company Ltd. Consumer Durables 196,500 1,603.73 0.41
Bajaj Auto Ltd. Auto 50,500 1,525.40 0.39
Ujjivan Financial Services Ltd. Finance 403,200 1,517.04 0.39
Mahindra & Mahindra Financial Services Ltd. Finance 336,250 1,454.79 0.38
BEML Ltd. Industrial Capital Goods 117,300 1,448.77 0.37
Zee Entertainment Enterprises Ltd. Media & Entertainment 254,800 1,440.51 0.37
NBCC (INDIA) Ltd. Construction 732,000 1,437.65 0.37
Dabur India Ltd. Consumer Non Durables 425,000 1,381.46 0.36
UPL Ltd. Pesticides 187,200 1,364.22 0.35
Granules India Ltd. Pharmaceuticals 1,140,000 1,349.76 0.35
ICICI Prudential Life Insurance Company Ltd. Finance 325,000 1,341.60 0.35
Max Financial Services Ltd. Finance 270,000 1,337.72 0.35
Bajaj Finance Ltd. Finance 78,000 1,279.40 0.33
Adani Enterprises Ltd. Trading 616,000 1,253.87 0.32
Balrampur Chini Mills Ltd. Consumer Non Durables 1,036,000 1,240.61 0.32
Eicher Motors Ltd. Auto 4,450 1,220.98 0.32
Ashok Leyland Ltd. Auto 840,000 1,188.60 0.31
The Federal Bank Ltd. Banks 1,259,500 1,187.08 0.31
Godrej Industries Ltd. Consumer Non Durables 213,000 1,175.23 0.30
Grasim Industries Ltd. Cement 95,250 1,097.95 0.28
Strides Shasun Ltd. Pharmaceuticals 146,400 1,050.42 0.27
Tata Power Company Ltd. Power 1,215,000 1,026.68 0.27
Syndicate Bank Banks 1,638,000 1,000.82 0.26
Piramal Enterprises Ltd. Pharmaceuticals 38,195 986.40 0.26
Power Finance Corporation Ltd. Finance 918,000 964.82 0.25
Reliance Naval and Engineering Ltd. Industrial Capital Goods 2,322,000 938.09 0.24
HCL Technologies Ltd. Software 99,400 934.66 0.24
CEAT Ltd. Auto Ancillaries 56,350 902.98 0.23
Mangalore Refinery and Petrochemicals Ltd. Petroleum Products 738,000 880.07 0.23
Torrent Power Ltd. Power 321,000 849.53 0.22
Manappuram Finance Ltd. Finance 768,000 829.06 0.21
Canara Bank Banks 275,200 823.54 0.21
SREI Infrastructure Finance Ltd. Finance 965,000 820.25 0.21
IFCI Ltd. Finance 3,608,000 817.21 0.21
Arvind Ltd. Textile Products 190,000 797.91 0.21
Capital First Ltd. Finance 119,200 794.23 0.21
Hindustan Construction Company Ltd. Construction Project 2,340,000 793.26 0.21
Can Fin Homes Ltd. Finance 146,250 791.87 0.20
Wockhardt Ltd. Pharmaceuticals 94,500 774.99 0.20
Mahindra & Mahindra Ltd. Auto 104,000 757.48 0.20
Wipro Ltd. Software 256,800 751.91 0.19
IDBI Bank Ltd. Banks 980,000 730.59 0.19
Yes Bank Ltd. Banks 215,250 693.75 0.18
CG Power and Industrial Solutions Ltd. Industrial Capital Goods 816,000 681.36 0.18
Hindustan Unilever Ltd. Consumer Non Durables 51,600 679.96 0.18
Adani Power Ltd. Power 2,140,000 677.31 0.18
Suzlon Energy Ltd. Industrial Capital Goods 5,180,000 663.04 0.17
Amara Raja Batteries Ltd. Auto Ancillaries 78,400 644.64 0.17
Castrol India Ltd. Petroleum Products 299,600 605.04 0.16
Tech Mahindra Ltd. Software 92,400 566.09 0.15
National Aluminium Company Ltd. Non - Ferrous Metals 800,000 548.40 0.14
Infibeam Incorporation Ltd. Software 344,000 544.90 0.14
PVR Ltd. Media & Entertainment 41,200 544.03 0.14
DLF Ltd. Construction 235,000 531.69 0.14
Adani Ports and Special Economic Zone Ltd. Transportation 120,000 490.02 0.13
Justdial Ltd. Software 96,600 436.54 0.11
Housing Development and Infrastructure Ltd. Construction 846,000 422.15 0.11
PTC India Ltd. Power 408,000 419.22 0.11
Bharti Airtel Ltd. Telecom - Services 95,200 407.98 0.11
Ajanta Pharma Ltd. Pharmaceuticals 28,500 398.36 0.10
Union Bank of India Banks 360,000 379.98 0.10
Exide Industries Ltd. Auto Ancillaries 176,000 365.02 0.09
Shriram Transport Finance Company Ltd. Finance 25,200 336.13 0.09
Chennai Petroleum Corporation Ltd. Petroleum Products 84,000 306.35 0.08
Indraprastha Gas Ltd. Gas 96,250 293.27 0.08
Kaveri Seed Company Ltd. Consumer Non Durables 54,000 270.16 0.07
NCC Ltd. Construction Project 192,000 252.86 0.07
RBL Bank Ltd. Banks 49,000 240.20 0.06
Allahabad Bank Banks 450,000 236.93 0.06
Andhra Bank Banks 460,000 211.83 0.05
Bharat Electronics Ltd. Industrial Capital Goods 133,650 206.29 0.05
Godrej Consumer Products Ltd. Consumer Non Durables 19,200 205.53 0.05
Indian Bank Banks 60,000 198.66 0.05
Voltas Ltd. Construction Project 30,000 182.82 0.05
Hindalco Industries Ltd. Non - Ferrous Metals 63,000 154.60 0.04
Pidilite Industries Ltd. Chemicals 14,000 126.13 0.03
Kajaria Ceramics Ltd. Construction 18,400 105.74 0.03
NIIT Technologies Ltd. Software 12,000 100.14 0.03
Housing Development Finance Corporation Ltd. Finance 5,500 99.48 0.03
Godfrey Phillips India Ltd. Consumer Non Durables 10,500 91.68 0.02
Container Corporation of India Ltd. Transportation 6,875 89.66 0.02
Cadila Healthcare Ltd. Pharmaceuticals 20,800 84.26 0.02
Cipla Ltd. Pharmaceuticals 13,000 76.65 0.02
Havells India Ltd. Consumer Durables 14,000 71.07 0.02
Rural Electrification Corporation Ltd. Finance 48,000 69.26 0.02
Ultratech Cement Ltd. Cement 1,600 66.49 0.02
Muthoot Finance Ltd. Finance 15,000 58.77 0.02
Idea Cellular Ltd. Telecom - Services 56,000 46.98 0.01
Piramal Enterprises Ltd. - Rights Pharmaceuticals 1,669 43.10 0.01
Repco Home Finance Ltd. Finance 6,300 35.57 0.01
DCB Bank Ltd. Banks 13,500 22.14 0.01
Bharat Heavy Electricals Ltd. Industrial Capital Goods 22,500 20.23 0.01
Mahanagar Gas Ltd. Gas 600 6.26 ^
Sub Total: 252,410.61 65.26

b) Unlisted NIL NIL

Total: 252,410.61 65.26

TERM DEPOSITS (Placed as F & O Margin) No. of Days

IndusInd Bank Ltd. 92 25,000.00 6.47
IndusInd Bank Ltd. 123 10,000.00 2.59
IndusInd Bank Ltd. 125 7,000.00 1.81
HDFC Bank Ltd. 111 6,000.00 1.55
HDFC Bank Ltd. 92 2,500.00 0.65
IndusInd Bank Ltd. 109 2,500.00 0.65
HDFC Bank Ltd. 123 1,000.00 0.26
HDFC Bank Ltd. 118 1,000.00 0.26
Sub Total: 55,000.00 14.24

MONEY MARKET INSTRUMENTS

Certificate of Deposit (CD) / Commercial Paper (CP)
IVL Finance Ltd CP** BWR A1+ 4,000 19,939.59 5.16
Indiabulls Real Estate Co. Ltd CP** CARE A1+ (SO) 1,500 7,474.49 1.93
Capital First Ltd. CP** CARE A1+ 1,000 4,995.23 1.29
Kotak Mahindra Bank Ltd CD ** CRISIL A1+ 2,500 2,500.00 0.65