Helios Balanced Advantage Fund
The fund remains aggressively positioned for equity market strength, with financials and banking commanding nearly a third of the portfolio, signalling conviction in India's credit and consumption cycles. The manager has trimmed tech exposure by exiting TCS while reinforcing conviction in private banks and non-banking finance, suggesting preference for domestically-driven growth over IT cyclicals. Minor cash adjustments and selective sector rotation indicate tactical flexibility rather than major strategic shifts.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹11.6700 | — | — | — | — |
| Regular Growth | ₹11.2900 | +0.44% | +2.73% | — | — |
| Direct IDCW | ₹11.6700 | — | — | — | — |
| Regular IDCW | ₹11.2900 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 364 DAY T-BILL 19.11.26 | 1.59% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Kotak Mahindra Bank Ltd. INE237A01036 | 6.58% |
| 2 | Reliance Industries Ltd. INE002A01018 | 6.03% |
| 3 | HDFC Bank Ltd. INE040A01034 | 4.69% |
| 4 | ICICI Bank Ltd. INE090A01021 | 4.47% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 4.22% |
| 6 | Adani Ports and Special Economic Zone Ltd. INE742F01042 | 3.65% |
| 7 | Shriram Finance Ltd. INE721A01047 | 3.33% |
| 8 | One 97 Communications Ltd. INE982J01020 | 2.76% |
| 9 | Bajaj Finance Ltd. INE296A01032 | 2.51% |
| 10 | Eternal Ltd. INE758T01015 | 2.49% |
| 11 | State Bank of India INE062A01020 | 2.48% |
| 12 | Titan Company Ltd. INE280A01028 | 2.35% |
| 13 | Bharat Electronics Ltd. INE263A01024 | 2.29% |
| 14 | Multi Commodity Exchange of India Ltd. INE745G01043 | 2.05% |
| 15 | Embassy Office Parks Reit INE041025011 | 1.99% |
| 16 | Divi's Laboratories Ltd. INE361B01024 | 1.79% |
| 17 | Axis Bank Ltd. INE238A01034 | 1.74% |
| 18 | 7.06% CGL 2028 IN0020230010 | 1.67% |
| 19 | Varun Beverages Ltd. INE200M01039 | 1.66% |
| 20 | 7.10% CGL 2034 IN0020240019 | 1.65% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Helios Balanced Advantage Fund hold?
Helios Balanced Advantage Fund holds 59 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.99% of NAV.
What is the largest holding in Helios Balanced Advantage Fund?
The largest position in Helios Balanced Advantage Fund is Kotak Mahindra Bank Ltd., accounting for 6.58% of NAV in the Banks sector.
Is Helios Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.378, Helios Balanced Advantage Fund is well-diversified. The HHI concentration index is 26,660 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.99% of the portfolio.
What is the market cap allocation of Helios Balanced Advantage Fund?
Based on SEBI's AMFI classification, Helios Balanced Advantage Fund's equity portfolio is split as: Large Cap: 66.42%, Mid Cap: 8.70%, Small Cap: 4.88%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Helios Balanced Advantage Fund invest in most?
Helios Balanced Advantage Fund has the highest allocation to Banks (22.27%), Finance (10.52%), Sovereign (7.50%). The fund is invested across 26 sectors in total.
How actively managed is Helios Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Helios Balanced Advantage Fund has an Active Share of 63.04%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Helios Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Helios Balanced Advantage Fund added 1 new stock (including 364 DAY T-BILL 19.11.26) and exited 2 stocks (including Tata Consultancy Services Ltd.). Total holding count decreased from 62 to 61 stocks.