Direct
NAV (04-Oct-24)
₹11.12-0.27%1D
Returns (Since Inception)
11.20%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹232 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 6 months and 8 days, having been launched on 27-Mar-24.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹11.12, Assets Under Management (AUM) of 231.90 Crores, and an expense ratio of 0.74%.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹11.12, Assets Under Management (AUM) of 231.90 Crores, and an expense ratio of 0.74%.
- Helios Balanced Advantage Fund Direct Growth has given a CAGR return of 11.20% since inception.
- The fund's asset allocation comprises around 58.09% in equities, 6.17% in debts, and 35.75% 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
+11.20%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹134.7 Cr | 58.09% |
| Debt | ₹14.3 Cr | 6.17% |
| Others | ₹82.9 Cr | 35.75% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹60.48 Cr | 26.08% |
| HDFC Bank Ltd | Equity | ₹19.82 Cr | 8.55% |
| Treps | Cash - Repurchase Agreement | ₹19.37 Cr | 8.35% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-12.08 Cr | 5.21% |
| Hindustan Unilever Ltd | Equity | ₹12 Cr | 5.18% |
| ICICI Bank Ltd | Equity | ₹9.58 Cr | 4.13% |
| Tata Consultancy Services Ltd | Equity | ₹8.85 Cr | 3.81% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-8.5 Cr | 3.66% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹8.43 Cr | 3.63% |
| Reliance Industries Ltd | Equity | ₹8.3 Cr | 3.58% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-7.74 Cr | 3.34% |
| Kotak Mahindra Bank Ltd | Equity | ₹7.69 Cr | 3.32% |
| Future on HDFC Life Insurance Company Limited | Equity - Future | ₹-6.95 Cr | 3.00% |
| HDFC Life Insurance Company Limited | Equity | ₹6.91 Cr | 2.98% |
| Future on Bank of Baroda | Equity - Future | ₹-6.19 Cr | 2.67% |
| Bank of Baroda | Equity | ₹6.15 Cr | 2.65% |
| State Bank of India | Equity | ₹5.1 Cr | 2.20% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹5 Cr | 2.15% |
| 364 DTB 03102024 | Bond - Gov't/Treasury | ₹4.97 Cr | 2.14% |
| 364 DTB 02052025 | Bond - Gov't/Treasury | ₹4.79 Cr | 2.06% |
| Bharti Airtel Ltd | Equity | ₹4.78 Cr | 2.06% |
| 364 DTB 08052025 | Bond - Gov't/Treasury | ₹4.78 Cr | 2.06% |
| 364 DTB 03072025 | Bond - Gov't/Treasury | ₹4.73 Cr | 2.04% |
| Varun Beverages Ltd | Equity | ₹4.39 Cr | 1.89% |
| KPIT Technologies Ltd | Equity | ₹4.3 Cr | 1.85% |
| Zomato Ltd | Equity | ₹4.3 Cr | 1.85% |
| GAIL (India) Ltd | Equity | ₹4.28 Cr | 1.84% |
| Axis Bank Ltd | Equity | ₹4.27 Cr | 1.84% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-4.09 Cr | 1.76% |
| Net Receivable / Payable | Cash - Collateral | ₹-3.75 Cr | 1.62% |
| Future on SBI Life Insurance Company Limited | Equity - Future | ₹-3.7 Cr | 1.60% |
| SBI Life Insurance Company Limited | Equity | ₹3.68 Cr | 1.59% |
| Infosys Ltd | Equity | ₹3.53 Cr | 1.52% |
| Honeywell Automation India Ltd | Equity | ₹3.2 Cr | 1.38% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-2.98 Cr | 1.29% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-2.91 Cr | 1.25% |
| Ambuja Cements Ltd | Equity | ₹2.89 Cr | 1.25% |
| Motilal Oswal Financial Services Ltd | Equity | ₹2.86 Cr | 1.23% |
| NTPC Ltd | Equity | ₹2.81 Cr | 1.21% |
| Torrent Pharmaceuticals Ltd | Equity | ₹2.77 Cr | 1.20% |
| Piramal Pharma Ltd | Equity | ₹2.5 Cr | 1.08% |
| Dr. Lal PathLabs Ltd | Equity | ₹2.39 Cr | 1.03% |
| Lemon Tree Hotels Ltd | Equity | ₹2.32 Cr | 1.00% |
| NBCC India Ltd | Equity | ₹2.31 Cr | 1.00% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹2.29 Cr | 0.99% |
| PNB Housing Finance Ltd | Equity | ₹2.26 Cr | 0.97% |
| Shriram Finance Ltd | Equity | ₹2.2 Cr | 0.95% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹2.15 Cr | 0.93% |
| Adani Energy Solutions Ltd | Equity | ₹2.1 Cr | 0.91% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹2.07 Cr | 0.89% |
| Bharat Electronics Ltd | Equity | ₹2.06 Cr | 0.89% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2 Cr | 0.86% |
| Power Grid Corp Of India Ltd | Equity | ₹1.84 Cr | 0.79% |
| Margin Amount For Derivative Positions | Cash - Collateral | ₹1.83 Cr | 0.79% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹1.78 Cr | 0.77% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-1.73 Cr | 0.75% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.73 Cr | 0.74% |
| Adani Enterprises Ltd | Equity | ₹1.72 Cr | 0.74% |
| HCL Technologies Ltd | Equity | ₹1.72 Cr | 0.74% |
| BLS International Services Ltd | Equity | ₹1.7 Cr | 0.73% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.63 Cr | 0.70% |
| LIC Housing Finance Ltd | Equity | ₹1.62 Cr | 0.70% |
| Future on Cipla Ltd | Equity - Future | ₹-1.52 Cr | 0.65% |
| Cipla Ltd | Equity | ₹1.51 Cr | 0.65% |
| Canara Bank | Equity | ₹1.47 Cr | 0.63% |
| Central Depository Services (India) Ltd | Equity | ₹1.45 Cr | 0.62% |
| Phoenix Mills Ltd | Equity | ₹1.34 Cr | 0.58% |
| Electronics Mart India Ltd | Equity | ₹1.11 Cr | 0.48% |
| Juniper Hotels Ltd | Equity | ₹1.06 Cr | 0.46% |
| Timken India Ltd | Equity | ₹0.96 Cr | 0.41% |
| AIA Engineering Ltd | Equity | ₹0.88 Cr | 0.38% |
| Fortis Healthcare Ltd | Equity | ₹0.78 Cr | 0.34% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-0.46 Cr | 0.20% |
Allocation By Market Cap (Equity)
Large Cap Stocks
42.75%
Mid Cap Stocks
4.94%
Small Cap Stocks
9.94%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹81.26 Cr | 35.04% |
| Consumer Defensive | ₹18.46 Cr | 7.96% |
| Technology | ₹18.39 Cr | 7.93% |
| Industrials | ₹18.11 Cr | 7.81% |
| Consumer Cyclical | ₹17.21 Cr | 7.42% |
| Healthcare | ₹11.68 Cr | 5.04% |
| Utilities | ₹11.03 Cr | 4.75% |
| Energy | ₹10.02 Cr | 4.32% |
| Communication Services | ₹4.78 Cr | 2.06% |
| Basic Materials | ₹2.89 Cr | 1.25% |
| Real Estate | ₹1.34 Cr | 0.58% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.38%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.99
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.00
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st August 2024
ISIN | INF0R8701145 | Expense Ratio | 0.74% | Exit Load | 1.00% | Fund Size | ₹232 Cr | Age | 6 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹1315.31 Cr | 23.0% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1315.31 Cr | - |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1403.36 Cr | - |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1403.36 Cr | - |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2321.90 Cr | - |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2321.90 Cr | 20.6% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹886.22 Cr | 26.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹886.22 Cr | - |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1734.82 Cr | 22.6% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1734.82 Cr | 20.9% |
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
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 04-Oct-2024, is ₹11.12.
What is the portfolio composition of Helios Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 58.09% in equities, 6.17% in bonds, and 35.75% 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.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.