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Helios Flexi Cap Fund

Q: What is the NAV of Helios Flexi Cap Fund?

As of 21 Aug 2026, the NAV of Helios Flexi Cap Fund is ₹16.35 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Helios Flexi Cap Fund delivered?

Helios Flexi Cap Fund has returned +8.28% over 1 year and +18.52% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Helios Flexi Cap Fund?

Helios Flexi Cap Fund charges an expense ratio of 0.83% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Helios Flexi Cap Fund?

Its largest holdings are Adani Ports and Special Economic Zone Ltd (4.2%), HDFC Bank Ltd (4.0%), ICICI Bank Ltd (4.0%), Zomato Ltd (4.0%) and Reliance Industries Ltd (3.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Helios Flexi Cap Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.4% and its worst peak-to-trough fall in our sample was -18.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.11 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Helios Flexi Cap Fund's 0.11 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Helios Flexi Cap Fund?

Helios Flexi Cap Fund is benchmarked against the AMFI Tier I Benchmark: NIFTY 500 Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages Helios Flexi Cap Fund?

Helios Flexi Cap Fund is managed by Alok Bahl and Pratik Singh at Helios.

Q: How is Helios Flexi Cap Fund taxed?

Helios Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Helios Mutual Fund · Best Flexi Cap Mutual Funds

This is the Direct plan of Helios Flexi Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

NAV

₹16.35

+0.37% 1D

as of 21 Aug 2026

Compare SIP calculator

Performance

+8.12%CAGR

52-week rangePrev NAV ₹16.29

Latest ₹16.35

Low ₹13.33100th percentile of its 52-week rangeHigh ₹16.35

Scorecard

★★★★☆4/5 vs 41 of 45 Flexi Cap Fund peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Flexi Cap Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 41 of the 45 Flexi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Flexi Cap Fund peers to rank yet

RiskHigh

Volatility 16.4% vs 14.3% category avg

CostLow

0.8% expense vs 1.1% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Flexi Cap Fund average on 3M/6M/1Y — 1Y by 2.93pp
Low expense ratio (0.83%) vs the Flexi Cap Fund average of 1.12%

Concerns

Weaker risk-adjusted returns — Sharpe 0.11 below the Flexi Cap Fund average of 0.54
More volatile than its Flexi Cap Fund peers (16.4% vs 14.3%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 1.12%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category 24.78

Excess return per unit of total volatility (rf = 6.5%)

0.11

Category 0.54▼0.43

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

15 Nov 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+1.18%

Absolute return over the last 3 months (not annualized)

+8.21%

Absolute return over the last 6 months (not annualized)

+7.85%

Absolute return since 1 Jan of this year (not annualized)

+4.87%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+8.28%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+18.52%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

16.44%

Excess return per unit of total volatility (rf = 6.5%)

0.11

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.15

Largest peak-to-trough decline over full history

-18.23%

Benchmark ratios (vs Nifty 500 · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500

6.85%

Sensitivity to Nifty 500 moves; 1 = moves with the index

0.99

How much of the fund's movement Nifty 500 explains

88.3%

Excess return per unit of beta (market risk)

11.38

Active return over the benchmark per unit of tracking error

1.36

Annualized std dev of fund-minus-benchmark returns

5.55%

Fund's share of benchmark gains in up months (100 = matches index)

117.5%

Fund's share of benchmark losses in down months (lower is better)

84.0%

Computed vs the Nifty 500 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	+1.18%	+2.32%	-1.14%
3M abs	+8.21%	+7.45%	+0.76%
6M abs	+7.85%	+5.29%	+2.56%
1Y CAGR	+8.28%	+5.35%	+2.93%
3Y CAGR	—	+14.73%	—
5Y CAGR	—	+13.14%	—

Category average across peers in Flexi Cap Fund (44 of 45 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 45 peers in Flexi Cap Fund

1Y return

+8.28%

Beats 72.5% · rank #12

3Y return

—

5Y return

—

Sharpe

0.11

Beats 7.5% · rank #38

Sortino

0.15

Beats 7.5% · rank #38

Rolling returns

Return for every possible 1Y holding period, not just today’s

This fundNifty 500

Average

+12.0%

Median

+9.2%

Best

+34.1%

Worst

+4.5%

Positive periods

100.0%

22 overlapping 1Y windows, sampled monthly across the fund’s history.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.28L

Absolute

+6.41%

XIRR

+14.29%

Value vs. invested

12 monthly installments of ₹10,000 into Helios Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500	Diff
2026part	+5.01%	-1.43%	+6.44%
2025	+7.60%	+6.69%	+0.91%
2024	+29.89%	+15.16%	+14.73%
2023part	+9.00%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

682

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Flexi Cap Fund

Compare all


Helios Flexi Cap FundThis fund Helios	★★★★☆ 1Y	+8.28%	—	—	31.75	0.83%	₹6,929Cr
Bank of India Flexi Cap Fund Bank of India	★★★★☆	+14.87%	+22.03%	+18.41%	21.36	0.86%	₹2,414Cr
Motilal Oswal Flexi cap Fund Motilal Oswal	★★☆☆☆	+3.86%	+21.46%	+13.78%	42.37	1.32%	₹12,836Cr
ITI Flexi Cap Fund ITI	★★★★☆	+14.65%	+20.38%	—	26.52	0.94%	₹1,304Cr
Invesco India Flexi Cap Fund Invesco	★★★★★	+4.11%	+20.27%	—	37.53	0.78%	₹4,904Cr
360 ONE Flexicap Fund 360 One	★★★★☆	+11.24%	+19.68%	—	26.48	0.96%	₹2,018Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap65.3%
Mid cap21.0%
Small cap13.6%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-18.2%16 Dec 2024 → 28 Feb 2025
Fell over 2 months, back to the old high on 23 Jul 2025 — 5 months under water after the low.
-16.3%17 Nov 2025 → 30 Mar 2026
Fell over 4 months, back to the old high on 01 Jul 2026 — 3 months under water after the low.
-8.5%03 Jun 2024 → 04 Jun 2024
Fell over 1 day, back to the old high on 13 Jun 2024 — 9 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹6,929Cr

April - June 2026

+15%

since January - March 2026

At or near its largest, ₹6,929Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Helios in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of Helios Flexi Cap Fund?

As of 21 Aug 2026, the NAV of Helios Flexi Cap Fund is ₹16.35 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Helios Flexi Cap Fund delivered?

Helios Flexi Cap Fund has returned +8.28% over 1 year and +18.52% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Helios Flexi Cap Fund?

Helios Flexi Cap Fund charges an expense ratio of 0.83% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Helios Flexi Cap Fund?

Its largest holdings are Adani Ports and Special Economic Zone Ltd (4.2%), HDFC Bank Ltd (4.0%), ICICI Bank Ltd (4.0%), Zomato Ltd (4.0%) and Reliance Industries Ltd (3.0%). Holdings are disclosed monthly and change over time.

How risky is Helios Flexi Cap Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.4% and its worst peak-to-trough fall in our sample was -18.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.11 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Helios Flexi Cap Fund's 0.11 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Helios Flexi Cap Fund?

Helios Flexi Cap Fund is benchmarked against the AMFI Tier I Benchmark: NIFTY 500 Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages Helios Flexi Cap Fund?

Helios Flexi Cap Fund is managed by Alok Bahl and Pratik Singh at Helios.

How is Helios Flexi Cap Fund taxed?

Helios Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.