Helios Financial Services Fund
Helios Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a bullish stance on large-cap financial intermediaries, with banks and non-bank lenders anchoring nearly 71 percent of assets. The manager trimmed exposure to India's two largest private banks while adding BSE, signalling a tactical rebalancing rather than conviction shift. The concentrated portfolio—heavily weighted toward HDFC and ICICI—offers quality but limited diversification, making performance deeply tied to domestic credit cycles and monetary policy moves.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹11.3300 | — | — | — | — | — | — |
| Regular Growth | ₹10.9900 | -0.45% | -6.31% | -7.72% | +0.37% | — | — |
| Direct IDCW | ₹11.3300 | — | — | — | — | — | — |
| Regular IDCW | ₹10.9900 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
24
Top 5 Weight
48.27%
Top 10 Weight
70.58%
Active Share
—
Large Cap
60.73%
Gini
0.413
What Changed2026-03-31 → 2026-04-30
Holdings: 25 → 26+1 added−0 removed16 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| BSE Ltd. | 2.76% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 16.10% |
| 2 | ICICI Bank Ltd. INE090A01021 | 12.88% |
| 3 | State Bank of India INE062A01020 | 7.07% |
| 4 | Bajaj Finance Ltd. INE296A01032 | 6.31% |
| 5 | One 97 Communications Ltd. INE982J01020 | 5.91% |
| 6 | Multi Commodity Exchange of India Ltd. INE745G01043 | 5.59% |
| 7 | Kotak Mahindra Bank Ltd. INE237A01036 | 4.69% |
| 8 | Shriram Finance Ltd. INE721A01047 | 4.21% |
| 9 | Muthoot Finance Ltd. INE414G01012 | 3.91% |
| 10 | Axis Bank Ltd. INE238A01034 | 3.91% |
| 11 | Motilal Oswal Financial Services Ltd. INE338I01027 | 3.78% |
| 12 | Computer Age Management Services Ltd. INE596I01020 | 3.27% |
| 13 | PNB Housing Finance Ltd. INE572E01012 | 3.26% |
| 14 | BSE Ltd. INE118H01025 | 2.76% |
| 15 | Cholamandalam Investment & Finance Co. Ltd. INE121A01024 | 2.32% |
| 16 | HDFC Asset Management Co. Ltd. INE127D01025 | 2.01% |
| 17 | ICICI Prudential Asset Management Company Ltd. INE346A01027 | 2.01% |
| 18 | India Shelter Finance Corporation Ltd. INE922K01024 | 1.82% |
| 19 | City Union Bank Ltd. INE491A01021 | 1.79% |
| 20 | 360 ONE WAM Ltd. INE466L01038 | 1.74% |
Sector Allocation
Banks46.4%
Finance24.7%
Capital Markets21.2%
Financial Technology (Fintech)5.9%
Insurance1.4%
nan0.4%
Top 10 sectors by % to NAV. Excludes derivatives.