Market capitalization is crucial for any investment, whether short-term or long-term. To align the investment portfolio with investment goals and investors’ profiles, risk-taking abilities, and to analyze the market capitalization is pivotal. Now, every investor can’t be aware of all the methodologies, or techniques to do so, or often people do not have such understanding, or time to invest, but they want to invest in equities. Here comes the Helios Flexicap Fund Direct – Growth, where you, as an investor, can relax while the fund manager will continuously assess the stocks with different market capitalization to reassess the fund’s portfolio, which in turn can help the investors navigate market fluctuation smoothly and generate a higher return. 

This article will be around Helios Flexicap Fund – Direct Plan-Growth, where we will talk about the performance, risks, objectives and lot of other aspects of this fund which as an investor you should know before investing in it. 

Helios Flexicap Fund Direct-Growth Fund Management and Objectives

Helios Flexicap Fund Direct-Growth invests your funds to generate wealth over the long term. It invests in the equity and equity-related instruments of companies across market capitalization to build a corpus of wealth over time. Another objective is to offer returns from the investments that can beat inflation in the economy. 

Helios Flexicap Fund Direct Plan-Growth is managed by – 

• Alok Bahl: He has been managing the fund since 23 October 2023 with his prolonged 32 years of experience in investments. He has been associated with Helios Group since 2005, when the fund houses started their journey. Even before joining Helios Group, he worked for 14 years for different firms where he worked on the sell-side analysis. He has a PGD in Financial Management and PGC in Business Management from XLRI Jamshedpur. 
• Pratik Singh: He has been associated with the fund since 20 April 2024. He has worked with multiple brokerage houses, mutual fund houses for many years before joining Helios Group. He has done a graduation in Engineering, and then an MBA in Finance. 

Excited about investing in the Helios Flexicap Fund? Open a free Demat account today!

How Does the Helios Flexicap Fund Work?

The Helios Flexicap Fund takes into account the very nature of the companies falling in different market capitalizations and uses that to generate higher returns. The fund manager allocates the assets in stocks according to the market scenario. 

For instance, if the market is volatile, then the fund manager is free to allocate more assets to the large-cap stocks as large-cap stocks remain the most stable and grounded during volatility. If the market is in a bull phase and stable, then he allocates more into the mid-cap and small-cap, where the returns can be higher. 

So in this way, the fund manager allocates assets to different market cap companies to mitigate the risk and optimize profits. 

Performance and Return

Helios Flexicap Fund Direct-Growth has been better than category average returns, however, it will be too soon to understand its performance, as the fund is not very old. 

Time Frame	Helios Flexicap Fund Direct-Growth (%)	Category Average
Since Inception	25.22	–
6 Month	-3.36	-6.19
3 Month	3.13	1.66
1 Month	4.30	3.18
1 Day	1.32	1.45
YTD	-4.49	-3.73
1 Year	12.74	10.21

Investment Allocation (As of 31 March 2025)

The Helios Flexicap Fund Growth has 96.47% of its assets invested in equity and equity-related instruments, with just 3.53% in cash and cash equivalents. 

Market cap-wise asset allocation 

• Giant cap – 50.90%
• Large Cap – 21.03%
• Mid-cap – 21.45%
• Small-cap – 6.62%

As of 31 March 2025, the fund had an average market cap of ₹162008 crore, and it spans

across 51 stocks, where the top 10 stocks make up 39.35% of its assets. 

Sectoral Allocation 

The fund invests across sectors, offering a well-diversified portfolio. Here are the top five sectors as of 31 March 2025 – 

Sectors	Allocation (%)
Financial Services	39.03
Energy & Utilities	12.44
Industrial	12.24
Technology	11.64
Consumer Discretionary	8.42

Stock-wise Allocation 

The top five stocks of the Helios Flexicap Fund include – 

Stocks	Assets (%)
HDFC Bank	7.74
ICICI Bank	5.83
Reliance Industries	3.81
Bajaj Finance	3.46
Bharti Airtel	3.21

Key Metrics 

As of 31 March 2025, the fund had an expense ratio of 0.58%, which is significantly lower than the category average of 0.78%.

Fund Details	Information
AUM (Assets Under Management)	₹2779 Crore as of 31 March 2025
Category	Equity Fund, open-ended
Fund Manager	Satish Ramanathan, Asit Bhandarkar, Chaitanya Choksi & Ruchi Fozdar
Exit Load	1% for Redemption within 3 months on units redeemed of more than 10%
Entry Load	Nil
Minimum Investment	₹5000 (Lump sum)₹1000 (SIP)
Benchmark	Nifty 500 (TRI)

The Helios Flexicap Fund NAV as of 21 April 2025 stood at ₹13.8200. 

Risk and Performance of the Helios Flexicap Fund 

This fund is classified as a ‘Very High Risk’ fund, which indicates that the fund has the potential for higher returns, but there will be high volatility as well. However, as this fund is just 1.5 years old, accurately assessing its risk quotients is not possible at this moment. So, we have analyzed the category risk quotients to have some idea. 

1. Standard Deviation (Std Dev% %): It shows how much the returns vary from the average returns generated by the funds themselves. The higher this number, the more it fluctuates.

The Standard deviation Equity Flexicap category average is 14.42%, while that of the BSE 500 is 14.82%.

2. Beta: This ratio indicates the volatility of the fund’s performance, compared to similar funds in the market. The lower the Beta, the more predictable the returns are, and vice versa. It helps in comparing funds. 

The category average is 0.92%. 

3. Sharpe Ratio: This ratio indicates the return you get for the risk you’re taking. A higher number means better risk-adjusted returns.

The category average is 0.61%.

4. Sortino Ratio: It is similar to Sharpe but only looks at downside risk (the risk of losing money).

The category average is 1.02%.  

5. Alpha: It measures the extra return the fund gives above the market’s average return.

The category average is 1.35%. 

 Taxation for Helios Flexicap Fund 

If you’re investing in the Helios Flexicap Fund, here’s how your returns will be taxed:

1. Short-Term Gains – If you sell the fund units within 1 year of the date of investment, a 20% tax will be levied on the entire return generated during the period. 
2. Long-Term Gains – If you sell the fund units after one year, any profit generated over and above ₹ 1.25 lakh will be taxable at a 12.5% rate. The same rate will be applicable for any investment tenure above 1 year. 

So, the longer you hold your investments, the better returns you can expect and the less the effect of taxes!

3. Taxes on Dividends – Dividends earned, if any, will be taxable in the hands of investors as per their tax slabs. If the dividend income surpasses Rs. 10000 in a financial year, then the fund house will deduct 10% TDS before disbursing the dividend into the account of the investor. 

Minimum Investment and Lock-in Period

The minimum investment amount in the Helios Flexicap Fund is ₹5000 for lump sum and SIP, which is ₹1000. There is no lock-in period for the Helios Flexicap Fund Direct-Growth.

How to Invest in Helios Flexicap Fund Direct?

You can invest in the Helios Flexicap Fund – Direct Growth plan with Shoonya. 

Shoonya offers a free Demat account,  Zero brokerage trading, advanced trading tools, 100+ technical indicators, and much more!

Investing in Lump Sum Mutual Funds through the Shoonya Web Platform

Here’s a quick guide on how to invest in lump sum mutual funds through the Shoonya web platform:

1. First, you must log in to your Shoonya account at https://trade.shoonya.com/. From the “Orders” section, click on “MF order.”
2. Search for the fund you wish to invest in; in this case, the Helios Flexicap Fund – Direct Growth plan.
3. Choose “Fresh” for a new investment and enter the amount you want to invest.
4. You can complete your purchase by clicking the “Purchase” button.
5. You will receive a payment link on your registered email. Use the link to make the payment.

After payment, your mutual fund units will be allotted to your Demat account within T+2 days.

Note: You can only make the payment using the bank account registered with your Demat account.

Setting Up an SIP for Mutual Funds

If you prefer a Systematic Investment Plan (SIP) for Helios Flexicap Fund Direct Plan-Growth plan, you must follow these steps:

1. First, you need to log in to your Shoonya account at https://trade.shoonya.com/. Go to “Orders” and click on “XSIP.”
2. Find the mutual fund for which you want to set up an SIP. In this case, the Helios Flexicap Fund – Direct Growth plan.
3. If this is your first SIP with Shoonya, you need to create a Mandate ID. 

For that, you must enter the mandate amount and the validity date (until you want to keep your SIP active).

4. You must submit the details, and you’ll receive a Mandate authentication link via email. Approval generally takes 24 hours.

Once your Mandate is approved, you can follow these steps to set up your SIP:

1. Go to “XSIP,” enter the SIP amount, and select “Fresh” as the transaction type.
2. Choose the date when the SIP will be debited directly from your registered bank.
3. The approved Mandate ID will auto-reflect.
4. Choose “Monthly” for monthly debits and specify the number of installments (e.g., 24 installments for a 2-year SIP).

If you do not want to forget your SIPs and invest systematically, the SIP method can be most suitable for you. 

Why Invest in the Helios Flexicap Fund?

The reasons for investing in the Helios Flexicap Fund Direct-Growth can be the fund’s – 

• Long-term capital accumulation – wealth building
• Well-diversified portfolio helps mitigate risks

Suitability of this Fund| Who Should Invest?

The Helios Flexicap Fund Direct is suitable for investors who:

• Are looking for higher returns and are ready to take higher risks 
• Looking for long-term capital appreciation 
• Can stay invested for at least five years 
• Can tolerate market ups and downs and business cycles 

Conclusion

Helios Flexicap Fund has been new in the industry; however, with its current performance, it can be said that the fund is here to stay, as it is already offering category-average beating returns. However, the risks are yet to be assessed, and thus investing in this fund seems a bit risky as of now. To add it to your portfolio, you need to asses all the aspects of the fund. 

Helios Flexicap Fund Direct Plan-Growth|FAQs

Source: ValueResearch

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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.