HybridDynamic Asset Allocation or Balanced AdvantageDirectGrowthHigh

Helios Balanced Advantage Fund

Q: What is the NAV of Helios Balanced Advantage Fund?

As of 01 Oct 2026, the NAV of Helios Balanced Advantage Fund is ₹11.60 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Helios Balanced Advantage Fund delivered?

Helios Balanced Advantage Fund has returned +0.09% over 1 year and +5.59% 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 Balanced Advantage Fund?

Helios Balanced Advantage Fund charges an expense ratio of 1.32% 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 Balanced Advantage Fund?

Helios Balanced Advantage Fund's largest holdings are ICICI Bank Ltd. (5.4%), One 97 Communications Ltd. (4.6%), Shriram Finance Ltd. (4.1%), Kotak Mahindra Bank Ltd. (3.9%) and Adani Ports and Special Economic Zone Ltd. (3.7%). Holdings are disclosed monthly and change over time.

Q: How risky is Helios Balanced Advantage Fund?

Helios Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.6% and its worst peak-to-trough fall in our sample was -11.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Helios Balanced Advantage Fund?

Helios Balanced Advantage Fund is benchmarked against the CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages Helios Balanced Advantage Fund?

Helios Balanced Advantage Fund is managed by Alok Bahl, Pratik Singh and Devesh Kumar Bhatt at Helios.

Q: How is Helios Balanced Advantage Fund taxed?

Helios Balanced Advantage 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 Balanced Advantage Mutual Funds

NAV

₹11.60

-0.68% 1D

as of 01 Oct 2026

This is the Direct plan of Helios Balanced Advantage 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.

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Performance

+0.78%CAGR

52-week rangePrev NAV ₹11.68

Latest ₹11.60

Low ₹10.8257th percentile of its 52-week rangeHigh ₹12.18

Scorecard

★★☆☆☆2/5 vs 36 Dynamic Asset Allocation or Balanced Advantage 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 Dynamic Asset Allocation or Balanced Advantage (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.

Performance—

Not enough Dynamic Asset Allocation or Balanced Advantage peers to rank yet

RiskHigh

Volatility 10.6% vs 8.4% category avg

CostHigh

1.3% 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

No standout strengths identified.

Concerns

More volatile than its Dynamic Asset Allocation or Balanced Advantage peers (10.6% vs 8.4%)
High expense ratio (1.32%) vs the Dynamic Asset Allocation or Balanced Advantage average of 1.08%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.32%

Category 1.08%▲0.24%

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

20.31

Category 22.86▼2.55

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

—

Category 0.26

Scheme Info

Definitions

Plan

Direct · Growth

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

None

Exit Load

None

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

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI)

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.

28 Mar 2024

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

Definitions

Absolute return over the last 1 month (not annualized)

-3.01%

Absolute return over the last 3 months (not annualized)

-3.01%

Absolute return over the last 6 months (not annualized)

+5.74%

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

-3.65%

Annualized returns (≥1Y — CAGR)

Definitions

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

+0.09%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+5.59%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

10.60%

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

—

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

—

Largest peak-to-trough decline over full history

-11.05%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

2.41%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.68

How much of the fund's movement Nifty 50 TRI explains

78.5%

Excess return per unit of beta (market risk)

-0.88

Active return over the benchmark per unit of tracking error

0.60

Annualized std dev of fund-minus-benchmark returns

6.79%

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

78.3%

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

54.4%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)

Period	Fund	Category avg.	Diff
1M abs	-3.01%	-3.56%	+0.55%
3M abs	-3.01%	-2.00%	-1.01%
6M abs	+5.74%	+4.61%	+1.13%
1Y CAGR	+0.09%	+0.37%	-0.28%
3Y CAGR	—	+8.65%	—
5Y CAGR	—	+8.46%	—

Category average across peers in Dynamic Asset Allocation or Balanced Advantage (up to 36 funds with data), 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 36 peers in Dynamic Asset Allocation or Balanced Advantage

1Y return

+0.09%

Beats 42.9% · rank #21

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

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

₹1.18L

Absolute

-1.30%

XIRR

-2.82%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Helios Balanced Advantage 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 50 TRI	Diff
2026part	-3.65%	-12.85%	+9.20%
2025	+6.55%	+11.97%	-5.42%
2024part	+11.66%	—	—

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

619

Expense ratio

1.32%

AUM

₹301.75Cr

Portfolio turnover

269%

Exit load

NIL

P/E ratio

20.3

P/B ratio

4.6

Avg market cap

₹3,67,385Cr

P/E & P/B are portfolio-weighted harmonic means across 44 of 50 equity holdings (79% of the portfolio); loss-making companies are excluded.

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 · Dynamic Asset Allocation or Balanced Advantage

Compare all


Helios Balanced Advantage FundThis fund Helios · Direct · Growth	★★☆☆☆ 1Y	+0.09%	—	—	20.31	1.32%	₹301.75Cr
quant Dynamic Asset Allocation Fund quant · Direct · Growth	★★★☆☆	-2.15%	+12.10%	—	29.52	1.54%	₹902.64Cr
WhiteOak Capital Balanced Advantage Fund WhiteOak Capital · Direct · Growth	★★★★☆	+1.92%	+11.00%	—	22.76	0.83%	₹2,152Cr
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life · Direct · Growth	★★★★☆	+4.42%	+10.85%	+9.68%	22.83	0.89%	₹9,211Cr
Baroda BNP Paribas Balanced Advantage Fund Baroda BNP Paribas · Direct · Growth	★★★★☆	+3.08%	+10.75%	+10.29%	24.79	0.92%	₹4,798Cr
Axis Balanced Advantage Fund Axis · Direct · Growth	★★★★☆	+0.56%	+10.74%	+9.11%	21.11	1.07%	₹3,759Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap83.2%
Mid cap11.3%
Small cap5.5%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity84.59%
Debt6.98%
Cash & Equivalents6.26%
Real Estate / REITs2.17%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Helios Flexi Cap Fund Helios · Flexi Cap Fund	63.4%	★★★☆☆	0.86%	—
Helios Large & Mid Cap Fund Helios · Large & Mid Cap Fund	57.6%	★★★★☆	1.00%	—
JM Large Cap Fund JM Financial · Large Cap Fund	50.0%	★★☆☆☆	1.19%	+9.08%
Bank of India Balanced Advantage Fund Bank of India · Dynamic Asset Allocation or Balanced Advantage	45.4% of 58% equity	★☆☆☆☆	1.39%	+8.25%
ITI Large Cap Fund ITI · Large Cap Fund	44.6%	★★★☆☆	0.93%	+9.37%
Union Largecap Fund Union · Large Cap Fund	44.4%	★☆☆☆☆	1.68%	+6.29%
Tata Large Cap Fund Tata · Large Cap Fund	43.5%	★★☆☆☆	1.25%	+8.72%
Axis Large Cap Fund Axis · Large Cap Fund	43.2%	★★★☆☆	0.92%	+7.70%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

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.

-11.1%16 Dec 2024 → 28 Feb 2025
Fell over 2 months, back to the old high on 16 Jul 2025 — 5 months under water after the low.
-10.9%02 Jan 2026 → 30 Mar 2026
Fell over 3 months, back to the old high on 25 Aug 2026 — 5 months under water after the low.
-5.1%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

₹301.75Cr

April - June 2026

-3%

since January - March 2026

−₹2.82Cr

est. net flow, last quarter

At or near its largest, ₹312.16Cr in January - March 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.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Helios Mutual Fund is run by Helios Capital Asset Management, founded by Samir Arora, the long-time India manager behind Helios Capital's offshore funds. It entered the domestic mutual fund business with a flexi-cap scheme and has kept a compact equity line-up since.

Launched

20 May 2021

Total AUM

₹11,103Cr+18.1% QoQ

Avg AUM · April - June 2026

Website

heliosmf.in

Fund Managers

ABAlok BahlManaging since 30 Sep 2025

Role

Chief Investment Officer

Education

B.Com (Punjab University) PGCFM (K.C. College of Management) PGCBM (XLRI, Jamshedpur) MBA in Finance

Experience

Over 33 years of experience. Helios Capital Asset Manage - ment (India) Private Limited (April 2023 to present) – Chief Investment Officer. Helios Capital Management Pte. Limited, Singapore (May 2005 to March 2023) – Head of Trading. Prior to joining Helios, Alok worked in India with various sell side firms in sales for over

Funds managed (7)

All schemes Alok Bahl runs →

PSPratik SinghStart date not disclosed

Role

Fund Manager Equities

Education

MBA in Finance from Welingkar Institute, Mumbai BE (Mechanical) from University of Pune.

Experience

Over 10 years of experience. 0.92 years Helios Capital Asset Management (India) Private Limited (February 2024 to present) – Fund Manager - Equities. Helios Capital Asset Management (India) Private Limited (December 2021 to January 2024) – Research Analyst. Motilal Oswal Institutional Equities [September 2019 to November 2021] - Senior Manager – Research. Haitong Securities India [September 2017 to August 2019] - Research Associate. Nirmal Bang Institutional Equities [September 2016 to August 2017] - Research Associate.

Funds managed (6)

All schemes Pratik Singh runs →

DBDevesh Kumar BhattStart date not disclosed

Role

Fund Manager and Dealer – Fixed Income Securities Manager - Dealing

Education

CFA Level III Cleared (August 2023) Master of Commerce (Accountancy) Bachelor of Management Studies (Finance)

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Alok Bahl Pratik Singh

Top holdings

ICICI Bank Ltd.One 97 Communications Ltd.Shriram Finance Ltd.Kotak Mahindra Bank Ltd.Adani Ports and Special Economic Zone Ltd.Eternal Ltd.Bajaj Finance Ltd.Divi's Laboratories Ltd.State Bank of India Axis Bank Ltd.HDFC Bank Ltd.Bharat Electronics Ltd.

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 Balanced Advantage funds

Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.

Frequently asked questions

What is the NAV of Helios Balanced Advantage Fund?

As of 01 Oct 2026, the NAV of Helios Balanced Advantage Fund is ₹11.60 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Helios Balanced Advantage Fund delivered?

Helios Balanced Advantage Fund has returned +0.09% over 1 year and +5.59% 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 Balanced Advantage Fund?

Helios Balanced Advantage Fund charges an expense ratio of 1.32% 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 Balanced Advantage Fund?

Helios Balanced Advantage Fund's largest holdings are ICICI Bank Ltd. (5.4%), One 97 Communications Ltd. (4.6%), Shriram Finance Ltd. (4.1%), Kotak Mahindra Bank Ltd. (3.9%) and Adani Ports and Special Economic Zone Ltd. (3.7%). Holdings are disclosed monthly and change over time.

How risky is Helios Balanced Advantage Fund?

Helios Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.6% and its worst peak-to-trough fall in our sample was -11.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Helios Balanced Advantage Fund?

Helios Balanced Advantage Fund is benchmarked against the CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages Helios Balanced Advantage Fund?

Helios Balanced Advantage Fund is managed by Alok Bahl, Pratik Singh and Devesh Kumar Bhatt at Helios.

How is Helios Balanced Advantage Fund taxed?

Helios Balanced Advantage 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.