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Helios Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (21-Nov-24)
₹10.95-0.45%1D
Returns (Since Inception)
9.50%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹249 Cr
Expense Ratio
0.74%
ISIN
INF0R8701145
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
27 Mar 2024
About this fund
This fund has been in existence for 7 months and 26 days, having been launched on 27-Mar-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.95, Assets Under Management (AUM) of 249.30 Crores, and an expense ratio of 0.74%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.95, Assets Under Management (AUM) of 249.30 Crores, and an expense ratio of 0.74%.
- Helios Balanced Advantage Fund Direct Growth has given a CAGR return of 9.50% since inception.
- The fund's asset allocation comprises around 59.31% in equities, 7.83% in debts, and 32.85% in cash & cash equivalents.
- You can start investing in Helios Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+9.50%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹147.87 Cr | 59.31% |
| Debt | ₹19.53 Cr | 7.83% |
| Others | ₹81.9 Cr | 32.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹68.19 Cr | 27.35% |
| HDFC Bank Ltd | Equity | ₹21.17 Cr | 8.49% |
| Tata Consultancy Services Ltd | Equity | ₹11.91 Cr | 4.78% |
| Treps | Cash - Repurchase Agreement | ₹11.62 Cr | 4.66% |
| Hindustan Unilever Ltd | Equity | ₹10.92 Cr | 4.38% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-10.87 Cr | 4.36% |
| ICICI Bank Ltd | Equity | ₹10.07 Cr | 4.04% |
| HDFC Life Insurance Co Ltd | Equity | ₹8.98 Cr | 3.60% |
| Future on Bank of Baroda | Equity - Future | ₹-7.61 Cr | 3.05% |
| Bank of Baroda | Equity | ₹7.56 Cr | 3.03% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-6.77 Cr | 2.72% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-6.67 Cr | 2.67% |
| Adani Enterprises Ltd | Equity | ₹6.63 Cr | 2.66% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-6.14 Cr | 2.46% |
| Kotak Mahindra Bank Ltd | Equity | ₹6.09 Cr | 2.44% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-6.05 Cr | 2.43% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹6.01 Cr | 2.41% |
| Infosys Ltd | Equity | ₹5.96 Cr | 2.39% |
| Piramal Pharma Ltd | Equity | ₹5.9 Cr | 2.37% |
| Axis Bank Ltd | Equity | ₹5.69 Cr | 2.28% |
| One97 Communications Ltd | Equity | ₹5.31 Cr | 2.13% |
| Bajaj Finance Ltd | Equity | ₹5.16 Cr | 2.07% |
| State Bank of India | Equity | ₹5.13 Cr | 2.06% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.07 Cr | 2.03% |
| Bharti Airtel Ltd | Equity | ₹4.85 Cr | 1.95% |
| 364 DTB | Bond - Gov't/Treasury | ₹4.84 Cr | 1.94% |
| 364 DTB 08052025 | Bond - Gov't/Treasury | ₹4.84 Cr | 1.94% |
| 364 DTB 03072025 | Bond - Gov't/Treasury | ₹4.79 Cr | 1.92% |
| Zomato Ltd | Equity | ₹4.73 Cr | 1.90% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹4.64 Cr | 1.86% |
| Varun Beverages Ltd | Equity | ₹4.37 Cr | 1.75% |
| KPIT Technologies Ltd | Equity | ₹3.83 Cr | 1.54% |
| Motilal Oswal Financial Services Ltd | Equity | ₹3.72 Cr | 1.49% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-3.56 Cr | 1.43% |
| HCL Technologies Ltd | Equity | ₹3.47 Cr | 1.39% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-3.17 Cr | 1.27% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-3.01 Cr | 1.21% |
| Reliance Industries Ltd | Equity | ₹3 Cr | 1.20% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-2.95 Cr | 1.18% |
| Honeywell Automation India Ltd | Equity | ₹2.87 Cr | 1.15% |
| NTPC Ltd | Equity | ₹2.75 Cr | 1.10% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-2.74 Cr | 1.10% |
| Ambuja Cements Ltd | Equity | ₹2.72 Cr | 1.09% |
| PB Fintech Ltd | Equity | ₹2.57 Cr | 1.03% |
| Torrent Pharmaceuticals Ltd | Equity | ₹2.55 Cr | 1.02% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹2.44 Cr | 0.98% |
| HDFC Asset Management Co Ltd | Equity | ₹2.35 Cr | 0.94% |
| Margin Amount For Derivative Positions | Cash - Collateral | ₹2.31 Cr | 0.93% |
| PNB Housing Finance Ltd | Equity | ₹2.23 Cr | 0.90% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹2.19 Cr | 0.88% |
| Dr. Lal PathLabs Ltd | Equity | ₹2.18 Cr | 0.87% |
| Shriram Finance Ltd | Equity | ₹2.15 Cr | 0.86% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹2.05 Cr | 0.82% |
| Adani Energy Solutions Ltd | Equity | ₹2.04 Cr | 0.82% |
| Lemon Tree Hotels Ltd | Equity | ₹2.03 Cr | 0.81% |
| Bharat Electronics Ltd | Equity | ₹1.96 Cr | 0.78% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-1.83 Cr | 0.74% |
| InterGlobe Aviation Ltd | Equity | ₹1.82 Cr | 0.73% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹1.81 Cr | 0.73% |
| NBCC India Ltd | Equity | ₹1.81 Cr | 0.73% |
| Future on DLF Ltd | Equity - Future | ₹-1.77 Cr | 0.71% |
| DLF Ltd | Equity | ₹1.76 Cr | 0.71% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-1.75 Cr | 0.70% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.75 Cr | 0.70% |
| Power Grid Corp Of India Ltd | Equity | ₹1.75 Cr | 0.70% |
| TVS Motor Co Ltd | Equity | ₹1.75 Cr | 0.70% |
| BLS International Services Ltd | Equity | ₹1.61 Cr | 0.64% |
| Central Depository Services (India) Ltd | Equity | ₹1.56 Cr | 0.63% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹1.56 Cr | 0.62% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.52 Cr | 0.61% |
| LIC Housing Finance Ltd | Equity | ₹1.51 Cr | 0.61% |
| Future on Cipla Ltd | Equity - Future | ₹-1.42 Cr | 0.57% |
| Cipla Ltd | Equity | ₹1.41 Cr | 0.57% |
| Phoenix Mills Ltd | Equity | ₹1.09 Cr | 0.44% |
| Electronics Mart India Ltd | Equity | ₹0.94 Cr | 0.38% |
| Fortis Healthcare Ltd | Equity | ₹0.88 Cr | 0.35% |
| Juniper Hotels Ltd | Equity | ₹0.88 Cr | 0.35% |
| Timken India Ltd | Equity | ₹0.85 Cr | 0.34% |
| AIA Engineering Ltd | Equity | ₹0.78 Cr | 0.31% |
| Future on City Union Bank Ltd | Equity - Future | ₹-0.35 Cr | 0.14% |
| City Union Bank Ltd | Equity | ₹0.35 Cr | 0.14% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.22 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.25%
Mid Cap Stocks
10.21%
Small Cap Stocks
10.00%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹92.1 Cr | 36.94% |
| Technology | ₹30.49 Cr | 12.23% |
| Industrials | ₹18.15 Cr | 7.28% |
| Consumer Defensive | ₹17.73 Cr | 7.11% |
| Consumer Cyclical | ₹16.34 Cr | 6.55% |
| Healthcare | ₹14.67 Cr | 5.89% |
| Energy | ₹9.63 Cr | 3.86% |
| Utilities | ₹6.54 Cr | 2.62% |
| Communication Services | ₹4.85 Cr | 1.95% |
| Real Estate | ₹2.84 Cr | 1.14% |
| Basic Materials | ₹2.72 Cr | 1.09% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF0R8701145 | Expense Ratio 0.74% | Exit Load 1.00% | Fund Size ₹249 Cr | Age 7 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 11.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 31.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 29.3% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 17.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 19.7% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 21.7% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 15.5% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Helios Balanced Advantage Fund Direct Growth?
The NAV of Helios Balanced Advantage Fund Direct Growth, as of 21-Nov-2024, is ₹10.95.
What is the portfolio composition of Helios Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 59.31% in equities, 7.83% in bonds, and 32.85% in cash and cash equivalents.
Who manages the Helios Balanced Advantage Fund Direct Growth?
The fund managers responsible for Helios Balanced Advantage Fund Direct Growth are:-
- Alok Bahl
- Utsav Modi
- Pratik Singh
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.