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 #36 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹10.95 (as of 2026-10-23) |
|---|
| AUM | ₹265 Cr |
|---|
| Expense ratio | 2.09% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Alok Bahl |
|---|
| Exit load | 0 |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −11.36% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 110.9% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 105.2% of its downside.
Market cap allocation
| Large cap | 72.9% |
|---|
| Mid cap | 17.5% |
|---|
| Small cap | 9.6% |
|---|
Concentration
| Top 5 holdings | 24.8% |
|---|
| Top 10 holdings | 38.5% |
|---|
| Total holdings | 69 |
|---|
Top holdings
- Net Receivable / Payable — 16.9%
- Kotak Mahindra Bank Ltd. — 6.3%
- ICICI Bank Ltd. — 5.4%
- One 97 Communications Limited — 4.9%
- Adani Ports and Special Economic Zone Ltd — 4.6%
- Eternal Limited — 3.7%
- Bajaj Finance Limited — 3.0%
- Divis Laboratories Ltd. — 3.0%
- HDFC Bank Ltd. — 2.7%
- State Bank Of India — 2.6%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.5% | Q3 | #25 of 35 |
| 2025 | 5.0% | Q3 | #22 of 34 |