Overview
Helios Balanced Advantage Fund Direct Growth
Helios Mutual Fund
The scheme seeks to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instru ments and derivatives.
Investments in Helios Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 11.13
Fund Size (AUM)
₹292.94 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
27-Mar-2024
Expense Ratio
0.79%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Benchmark
CRISIL Hybrid 50+50 Moderate Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
-8.86%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.64% | N/A | N/A | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 24 | N/A | N/A | N/A |
Holdings (72)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.73% |
| HDFC Bank Ltd. | Financial | Equity | 6.79% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.31% |
| Hindustan Petroleum Corporation Ltd. | Energy | Equity | 4.16% |
| ICICI Bank Ltd. | Financial | Equity | 3.59% |
| Bank Of Baroda | Financial | CD | 3.38% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 3.33% |
| REC Ltd. | Financial | Equity | 3.13% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 2.92% |
| Bank Of Baroda | Financial | Equity | 2.35% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Helios Mutual Fund
None Helios Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2021-05-21T00:00:00.717Z
Total AUM
₹ 3257.34 Cr
Address
502 B, 5th Floor, The Capital, Plot C70,Bandra Kurla Complex,Bandra East, Mumbai 400051
Phone
+91 22 67319600
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Helios Balanced Advantage Fund Direct Growth
Helios Mutual Fund
You May Be Interested In
WhiteOak Capital Balanced Hybrid Fund Direct Growth
Balanced Hybrid
Mahindra Manulife Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation
Edelweiss Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation
Baroda BNP Paribas Multi Asset Fund Direct Growth
Multi Asset Allocation
Bajaj Finserv Arbitrage Fund Direct Growth
Arbitrage
Bandhan Asset Allocation Moderate Direct Growth
Balanced Hybrid
Samco Dynamic Asset Allocation Fund Direct Growth
Dynamic Asset Allocation
Shriram Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation
Aditya Birla Sun Life Multi Index FoF Direct Growth
Multi Asset Allocation
Franklin India Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Mid Cap Equity Funds
Find top mid cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Helios Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Helios Balanced Advantage Fund Direct Growth?
The top stocks held by Helios Balanced Advantage Fund Direct Growth include Reliance Industries Ltd., HDFC Bank Ltd., Kotak Mahindra Bank Ltd..
Which industries does Helios Balanced Advantage Fund Direct Growth invest in?
Helios Balanced Advantage Fund Direct Growth primarily invests in the following industries: Energy, Financial, Consumer Staples.
Who are the fund managers of Helios Balanced Advantage Fund Direct Growth?
The fund managers of Helios Balanced Advantage Fund Direct Growth are Alok Bahl and Utssav Modi and Pratik Singh .
How many years has the fund manager been managing Helios Balanced Advantage Fund Direct Growth?
Alok Bahl:
Calculating...
Utssav Modi:
Calculating...
Pratik Singh :
Calculating...
What is the minimum investment for Helios Balanced Advantage Fund Direct Growth?
The minimum investment for Helios Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Helios Balanced Advantage Fund Direct Growth?
Calculating...
What are the average 3-year returns for Helios Balanced Advantage Fund Direct Growth?
Calculating...
What is the expense ratio of Helios Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Helios Balanced Advantage Fund Direct Growth is 0.79%. The average expense ratio for similar funds in the Hybrid is Calculating....