HealthyDirect · GrowthFit for a long SIP
Helios Flexi Cap Fund
Helios Mutual FundEquity Schemes - Flexi Cap Fund3 years
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity & equity related instruments across market capitalization.
- NAV
- 15.41
- 30 Oct 2026
- 1Y
- -3.0%
- Trailing CAGR
- AUM
- ₹8,783.67 Cr
- 30 Sept 2026
- Volatility
- High
- 16.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 92% of rolling 1-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Watch
3.0 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.86% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -18.2%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 34.3% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 18%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-3.0%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+14.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.6%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +14.9%
- Calendar-day CAGR
- Excess 1Y
- +0.3%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -18.2%
- Worst peak-to-trough
- Current
- -6.4%
- Below last peak
- Current spell
- 66 days
- Days below latest peak
- Time below peak
- +82%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 46 recovered episodes
- Longest recovery
- 145 days
- Trough to prior peak
16 Dec 2024 – 23 Jul 2025
Trough 28 Feb 2025 · recovered in 145 days
-18.2%
17 Nov 2025 – 1 Jul 2026
Trough 30 Mar 2026 · recovered in 93 days
-16.3%
25 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-9.9%
3 Jun 2024 – 13 Jun 2024
Trough 4 Jun 2024 · recovered in 9 days
-8.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
16
Vs category
52
Consistency
92
Risk-adjusted
54
Drawdown
54
Mean
54
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 92% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 72 holdings · top 10 are 34.3%.
- Top 5
- 20.4%
- Top 10
- 34.3%
- Largest holding
- 4.3%
- Effective holdings
- 47.4
Zomato Ltd
Technology
4.3%
HDFC Bank Ltd
Financial
4.3%
ICICI Bank Ltd
Financial
4.1%
Adani Ports and Special Economic Zone Ltd
Industrials
3.9%
One 97 Communications Ltd
Industrials
3.7%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
WhiteOak Capital Flexi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -2.6%
- 3Y
- +14.0%
- Vol
- 12.8%
- Max DD
- -15.6%
- Sharpe
- 0.73
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
360 ONE Flexicap Fund
360 ONE Mutual Fund
- 1Y
- +1.8%
- 3Y
- +16.7%
- Vol
- 15.0%
- Max DD
- -18.1%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual Fund
- 1Y
- -0.9%
- 3Y
- +15.2%
- Vol
- 13.5%
- Max DD
- -19.7%
- Sharpe
- 0.68
- 3Y win
- +96%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Invesco India Flexi Cap Fund
Invesco Mutual Fund
- 1Y
- -2.7%
- 3Y
- +16.7%
- Vol
- 14.4%
- Max DD
- -19.4%
- Sharpe
- 0.70
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Mirae Asset Flexi Cap Fund
Mirae Asset Mutual Fund
- 1Y
- -3.2%
- 3Y
- +12.3%
- Vol
- 13.4%
- Max DD
- -16.1%
- Sharpe
- 0.65
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns