EquityLarge & Mid Cap FundRegularGrowthVery High

Helios Large & Mid Cap Fund

Q: What is the NAV of Helios Large & Mid Cap Fund?

As of 05 Oct 2026, the NAV of Helios Large & Mid Cap Fund is ₹10.87 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Helios Large & Mid Cap Fund delivered?

Helios Large & Mid Cap Fund has returned +0.74% over 1 year and +5.11% 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 Large & Mid Cap Fund?

Helios Large & Mid Cap Fund charges an expense ratio of 2.57% 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 Large & Mid Cap Fund?

Helios Large & Mid Cap Fund's largest holdings are One 97 Communications Ltd. (5.0%), Eternal Ltd. (4.0%), Adani Ports and Special Economic Zone Ltd. (3.8%), ICICI Bank Ltd. (3.7%) and Titan Company Ltd. (3.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Helios Large & Mid Cap Fund?

Helios Large & Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.9% 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: Who manages Helios Large & Mid Cap Fund?

Helios Large & Mid Cap Fund is managed by Alok Bahl and Pratik Singh at Helios.

Q: How is Helios Large & Mid Cap Fund taxed?

Helios Large & Mid 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 Large & Mid Cap Mutual Funds

NAV

₹10.87

+0.74% 1D

as of 05 Oct 2026

This is the Regular plan of Helios Large & Mid Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

-0.18%absolute

52-week rangePrev NAV ₹10.79

Latest ₹10.87

Low ₹9.5266th percentile of its 52-week rangeHigh ₹11.56

Scorecard

★★★☆☆3/5 vs 34 of 35 Large & Mid 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 Large & Mid 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. 34 of the 35 Large & Mid Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Large & Mid Cap Fund peers to rank yet

RiskModerate

Volatility 15.9% vs 14.6% category avg

CostAverage

2.6% expense vs 2.4% 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 Large & Mid Cap Fund average on 1M/6M/1Y — 1Y by 1.58pp

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.57%

Category 2.38%▲0.19%

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

32.98

Category —

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

—

Category 0.34

Scheme Info

Definitions

Plan

Regular · Growth

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

None

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.

04 Nov 2024

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

Definitions

Absolute return over the last 1 month (not annualized)

-4.14%

Absolute return over the last 3 months (not annualized)

-4.14%

Absolute return over the last 6 months (not annualized)

+12.06%

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

-1.81%

Annualized returns (≥1Y — CAGR)

Definitions

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

+0.74%

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.

+5.11%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

15.85%

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

-18.18%

Benchmark ratios (vs Nifty Midcap 150 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Midcap 150 TRI

—

Sensitivity to Nifty Midcap 150 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty Midcap 150 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

Computed vs the Nifty Midcap 150 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 (Large & Mid Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-4.14%	-5.32%	+1.18%
3M abs	-4.14%	-3.91%	-0.23%
6M abs	+12.06%	+8.87%	+3.19%
1Y CAGR	+0.74%	-0.84%	+1.58%
3Y CAGR	—	+11.78%	—
5Y CAGR	—	+10.38%	—

Category average across peers in Large & Mid Cap Fund (up to 35 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 35 peers in Large & Mid Cap Fund

1Y return

+0.74%

Beats 68.8% · rank #11

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

₹1.20L

Absolute

-0.29%

XIRR

-0.63%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Helios Large & Mid 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 Midcap 150 TRI	Diff
2026part	-1.81%	-1.81%	0.00%
2025	+8.11%	+6.24%	+1.87%
2024part	+3.64%	—	—

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

473

Expense ratio

2.57%

AUM

₹703.48Cr

Portfolio turnover

43%

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

33.0

P/B ratio

7.7

Avg market cap

₹2,86,289Cr

P/E & P/B are portfolio-weighted harmonic means across 52 of 60 equity holdings (90% 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 · Large & Mid Cap Fund

Compare all


Helios Large & Mid Cap FundThis fund Helios · Regular · Growth	★★★☆☆ 1Y	+0.74%	—	—	—	2.57%	—
Invesco India Large & Mid Cap Fund Invesco · Regular · Growth	★★★★★	+4.94%	+20.02%	+14.50%	—	1.87%	—
Motilal Oswal Large and Midcap Fund Motilal Oswal · Regular · Growth	★★★★★	+4.59%	+19.81%	+16.75%	—	1.79%	₹17,050Cr
HSBC Large & Mid Cap Fund HSBC · Regular · Growth	★★★★☆	+6.48%	+15.55%	+12.16%	—	2.43%	—
Bandhan Large & Mid Cap Fund Bandhan · Regular · Growth	★★★★☆	+0.23%	+15.33%	+14.23%	—	2.27%	—
Quant Large & Mid Cap Fund quant · Regular · Growth	★★★☆☆	+6.67%	+13.15%	+12.90%	—	2.43%	—

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap63.2%
Mid cap35.4%
Small cap1.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.27%
Cash & Equivalents0.73%

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	72.9%	★★★☆☆	0.86%	—
Helios Balanced Advantage Fund Helios · Dynamic Asset Allocation or Balanced Advantage	57.6%	★★★☆☆	1.32%	—
JM Large Cap Fund JM Financial · Large Cap Fund	47.4%	★★☆☆☆	1.19%	+9.54%
Union Large & Midcap Fund Union · Large & Mid Cap Fund	43.8%	★★★☆☆	1.31%	+12.40%
Helios Mid Cap Fund Helios · Mid Cap Fund	43.6%	★★★★★	0.94%	—
JM Aggressive Hybrid Fund JM Financial · Aggressive Hybrid Fund	43.0% of 78% equity	★★★☆☆	1.16%	+11.93%
Mahindra Manulife Large & Mid Cap Fund Mahindra Manulife · Large & Mid Cap Fund	41.0%	★★★☆☆	0.83%	+11.01%
JM Large & Mid Cap Fund JM Financial · Large & Mid Cap Fund	40.8%	★★★★☆	1.04%	—

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.

-18.2%16 Dec 2024 → 28 Feb 2025
Fell over 2 months, back to the old high on 21 Jul 2025 — 5 months under water after the low.
-15.3%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.
-6.7%25 Aug 2026 → 01 Oct 2026
Still below that high — 37 days down, and no recovery yet.

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.

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 BahlStart date not disclosed

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 →

Fund manager, benchmark and dealing terms from 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

One 97 Communications Ltd.Eternal Ltd.Adani Ports and Special Economic Zone Ltd.ICICI Bank Ltd.Titan Company Ltd.Bajaj Finance Ltd.Adani Enterprises Ltd.The Phoenix Mills Ltd.HDFC Bank Ltd.Larsen & Toubro Ltd.Bharat Electronics Ltd.Coforge 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.

Run SIP calculator Add to compare

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 Large & Mid Cap funds

Large & mid cap funds keep at least 35% each in large-cap and mid-cap stocks. They aim to blend the stability of big companies with the higher growth — and higher swings — of mid caps.

Frequently asked questions

What is the NAV of Helios Large & Mid Cap Fund?

As of 05 Oct 2026, the NAV of Helios Large & Mid Cap Fund is ₹10.87 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Helios Large & Mid Cap Fund delivered?

Helios Large & Mid Cap Fund has returned +0.74% over 1 year and +5.11% 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 Large & Mid Cap Fund?

Helios Large & Mid Cap Fund charges an expense ratio of 2.57% 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 Large & Mid Cap Fund?

Helios Large & Mid Cap Fund's largest holdings are One 97 Communications Ltd. (5.0%), Eternal Ltd. (4.0%), Adani Ports and Special Economic Zone Ltd. (3.8%), ICICI Bank Ltd. (3.7%) and Titan Company Ltd. (3.2%). Holdings are disclosed monthly and change over time.

How risky is Helios Large & Mid Cap Fund?

Helios Large & Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.9% 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.

Who manages Helios Large & Mid Cap Fund?

Helios Large & Mid Cap Fund is managed by Alok Bahl and Pratik Singh at Helios.

How is Helios Large & Mid Cap Fund taxed?

Helios Large & Mid 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.