Helios Balanced Advantage Fund
Helios Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹11.5500 | — | — | — | — | — | — |
| Regular Growth | ₹11.1600 | +0.54% | -3.54% | -4.29% | +2.67% | — | — |
| Direct IDCW | ₹11.5500 | — | — | — | — | — | — |
| Regular IDCW | ₹11.1700 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
59
Top 5 Weight
25.99%
Top 10 Weight
40.73%
Active Share
—
Large Cap
66.42%
Gini
0.378
What Changed2026-03-31 → 2026-04-30
Holdings: 62 → 61+1 added−2 removed27 weight shifts ≥ 0.1%
| 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
Banks22.3%
Finance10.5%
Sovereign7.5%
Capital Markets6.2%
Petroleum Products6.0%
Telecom - Services5.3%
Financial Technology (Fintech)4.1%
Automobiles3.8%
Transport Infrastructure3.6%
Healthcare Services3.4%
Top 10 sectors by % to NAV. Excludes derivatives.