Helios Balanced Advantage Fund
The scheme seeks to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instru ments and derivatives.
Growthvine rating: 1/5 — ranked #32 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹11.66 (as of 2026-08-21) |
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| AUM | ₹291 Cr |
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| Expense ratio | 2.09% |
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| Riskometer | Very High |
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| Fund manager | Alok Bahl |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -11.36% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 110.9% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 118.0% of its downside.
Market cap allocation
| Large cap | 80.3% |
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| Mid cap | 13.4% |
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| Small cap | 6.3% |
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Concentration
| Top 5 holdings | 21.2% |
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| Top 10 holdings | 37.1% |
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| Total holdings | 66 |
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Top holdings
- Net Receivable / Payable — 16.0%
- ICICI Bank Ltd. — 5.3%
- TREPS — 4.8%
- Bharti Airtel Ltd. — 4.6%
- Adani Ports and Special Economic Zone Ltd — 3.9%
- HDFC Bank Ltd. — 3.7%
- Shriram Finance Limited — 3.6%
- Kotak Mahindra Bank Ltd. — 3.6%
- One 97 Communications Limited — 3.5%
- Bajaj Finance Limited — 3.2%
Top sectors
- Banking & Financial — 28.2%
- Finance & Investments — 9.8%
- Telecom — 6.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -0.4% | Q3 | #24 of 35 |
| 2025 | 5.0% | Q3 | #22 of 34 |