Helios Balanced Advantage Fund

Diversified

Hybrid

India Multi Asset

Others

Aggressive growth Investor Profile

Investor Profile

4–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Helios Balanced Advantage Fund Growth mixes stocks and bonds for balanced growth and stability.

What This Strategy Does

Helios Balanced Advantage Reg Gr is an equity flexi-cap fund which captures India's ₹200+ trillion diversified opportunity through dynamic asset allocation, deploying capital across financials, industrials, and healthcare to achieve broad-based earnings growth.

CW Expert Research Notes

Resilient Downside Protection

The fund's benchmark-relative behavior demonstrates consistent downside protection, outperforming in 10 of 12 years, suggesting resilience across market cycles.

Balanced Allocation Approach

The fund's differentiated construction, with a balanced allocation across equities (71.11%) and bonds (5.25%), coupled with a bias towards large-cap financials and industrials, reflects a distinct investment process versus peers.

Moderate Risk Profile

With a beta of 1.37 and volatility of 13.32%, the fund exhibits a moderate risk profile suitable for investors seeking participation in equity upside while mitigating downside risks, contingent on sustained earnings delivery from its holdings.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

3.6% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Helios Balanced Advantage Fund

Benchmark Index

Benchmark Performance Comparison

Helios Balanced Advantage Fund

NIFTY 50 + FD Returns

Risk Profile

Standard Deviation13.6%

Sharpe Ratio-0.17

Beta1.41

Upside Capture108%

Detailed Risks

Market Risk

Potential recession in India driven by slowing global growth could undermine fund's domestic cyclical exposure; portfolio's mid-cap tilt mitigates downside.

Liquidity Risk

Elevated volatility or redemptions could impair ability to rebalance concentrated mid-cap positions; large-cap buffer and dynamic asset allocation provide liquidity.

Concentration Risk

Outsized mid-cap allocation versus peers amplifies idiosyncratic risks like earnings misses or competitive pressures; diversification across sectors and stocks limits downside.

Specific Strategy Risk

Regulatory changes to asset allocation rules or tax policies could disrupt strategy execution; rigorous monitoring and portfolio rebalancing mitigate impact.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides dynamic asset allocation to capitalize on market opportunities while managing downside risk. This approach actively shifts between equities and fixed income based on market valuations, aiming to participate in upside while defensively positioning during periods of elevated risk.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with an attractive entry point emerging as consumption and earnings normalize. Key drivers such as consumer demand recovery, capex revival, and credit growth are aligning with the fund's tilt towards consumer, financial services, and technology sectors, although risks like competition and cyclicality persist.

Why This Strategy is Attractive Now

The strategy seems well-positioned, with exposure to market leaders across consumer cyclicals/defensives, financials, and technology. Its diversification across around 70 holdings, along with a balance of growth and stability, complements the moderate beta. This risk-adjusted positioning and flexibility could allow it to capitalize on normalization tailwinds, differentiating it from benchmarks.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their growth prospects.

Why it Makes Sense

In the current market environment characterized by economic uncertainty and elevated volatility, a Quality Growth approach focused on companies with resilient business models, pricing power, and strong balance sheets can provide a degree of defensiveness while participating in secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to source investment ideas from a broad universe of companies across market capitalizations, with a preference for those demonstrating sustainable competitive advantages, robust cash flow generation, and attractive reinvestment opportunities. Selection: The selection process suggests an emphasis on qualitative factors such as management quality, competitive positioning, and business model durability, complemented by a disciplined valuation framework to identify companies trading at reasonable multiples relative to their growth prospects. Construction: The portfolio construction process is consistent with a diversified, conviction-weighted approach, aiming to balance risk management with the ability to capitalize on high-conviction ideas while maintaining sector diversification and risk controls.

Portfolio Holdings Overview

SectoralAllocation

Energy & Infra10.17%

Consumers15.19%

Services12.96%

Financial Services44.52%

Technology3.04%

Utilities4.49%

Capital Goods9.62%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Cash Offset For DerivativesUtilities19.99%

Kotak Mahindra Bank LtdFinancial Services6.58%

Reliance Industries LtdEnergy & Infra6.03%

HDFC Bank LtdFinancial Services4.69%

ICICI Bank LtdFinancial Services4.47%

Bharti Airtel LtdServices4.22%

Adani Ports & Special Economic Zone LtdCapital Goods3.65%

Shriram Finance LtdFinancial Services3.33%

One97 Communications LtdTechnology2.76%

Bajaj Finance LtdFinancial Services2.51%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Alok Bahl

Mr. Alok Bahl has experience of 35 years. Manages 60 funds at Helios Capital Asset Management (India) Private Limited with an AUM of approximately ₹323 Cr Holds a PGDBM degree.

62 years

Combined Team Experience

₹ 969 Cr

Assets Under Management

Utsav Modi

Co-Portfolio Manager

Mr. Utsav Modi has experience of 14 years. Manages 12 funds at Helios Capital Asset Management (India) Private Limited with an AUM of approximately ₹323 Cr Holds a B.Com degree.

Pratik Singh

Co-Portfolio Manager

Mr. Pratik Singh has experience of 12 years. Manages 56 funds at Helios Capital Asset Management (India) Private Limited with an AUM of approximately ₹323 Cr Holds a B.E. degree.

CW Expert Take

Helios Balanced Advantage Reg Gr adopts a dynamic asset allocation approach. Their investment philosophy centers on actively managing equity and debt exposures based on market conditions. The fund house leverages quantitative models and fundamental research to identify opportunities across asset classes. Their strength lies in disciplined risk management, adjusting allocations to navigate market cycles while maintaining core portfolio quality.

Firm Overview

Total AUM₹7,405.08 Cr

Investment Philosophy & Approach

Disciplined Approach

The fund house follows a disciplined investment approach focused on rigorous research.

Risk Management

Risk management is an integral part of the investment decision-making process.

Long-Term Perspective

The fund house maintains a long-term perspective in capital allocation decisions.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)2.4%

Regulatory & Tax Information

INF0R8701111

ISIN

DailyDealing Frequency

CRISIL Hybrid 50+50 Moderate TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)