Helios Arbitrage Fund Direct Growth NAV today
AMFI: 154257ISIN: INF0R8701442MUTF_IN: HELI_ARBI_DIR_1WRYUAMHelios Mutual FundArbitrage funds
NAV ₹10.3500up ₹0.01 (0.10%)
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Regular Growth ₹10.3100, 0.10% · Direct IDCW ₹10.3500 · Regular IDCW ₹10.3100
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹133 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 1.76%25 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot pull the fund's P/E down. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted. P/E in the glossary
- 13.830 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- LowAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 3530 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 20 Mar 2026
Helios Arbitrage Fund returns
Direct Growth plan
Over each window to 27 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. Middle half of the category in the glossary |
|---|---|---|---|---|---|
| 1 week | +0.10% | +0.19% | – | – | – |
| 1 month | +0.49% | +0.49% | 32 of 40 | +0.52% | +0.5% to +0.6% |
| 3 months | +1.37% | +1.28% | 37 of 39 | +1.62% | +1.6% to +1.7% |
| 6 months | +2.88% | +2.59% | 36 of 38 | +3.21% | +3.1% to +3.3% |
| 1 year | Needs a year | – | – | +6.60% | +6.5% to +6.7% |
| 3 years | Needs 3 years | – | – | +7.24% | +7.1% to +7.3% |
| 5 years | Needs 5 years | – | – | +6.73% | +6.6% to +6.8% |
| 10 years | Needs 10 years | – | – | +6.34% | +6.2% to +6.5% |
₹10,000 put in on 23 Mar 2026 is ₹10,340 at the NAV of 27 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Rank, median and middle half among the Direct plans of Arbitrage funds, each fund's return to its latest NAV on or before 27 Oct 2026.
Helios Arbitrage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.52 ptsA year, on 25 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 1.78%Over the last 30 days filed
- Regular, 30-day average
- 2.31%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 2.55%, Jun 2026.Direct plan lowest 0.47%, Apr 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.42% | 0.87% |
| Brokerage | 0.16% | 0.16% |
| Transaction costs | 0.08% | 0.08% |
| Statutory levies | 1.10% | 1.17% |
Per cent of assets a year, filed for 25 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
(i) If units redeemed or switched out within 7 days from the date of allotment – 0.25% of the applicable NAV (ii) If redeemed/switched out after 7 days from the date of allotment – Nil
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- SIP minimum
- ₹1,000
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
- SIP instalments, at least
- Weekly, Fortnightly, Monthly - 12 nos., Quarterly - 6 nos
- SIP dates
- Weekly - Any day (Monday to Friday) (If no day is selected, Monday will be the default day), Fortnightly - 1st and 16th day of each month, as applicable (1st and 16th of the month will be the default date), Monthly - Any date (10th will be the default date), Quarterly - Any date (10th will be the default date)
As listed for this plan on 27 Oct 2026.
How Helios Arbitrage Fund is taxed
Gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year; gains on units held 12 months or less at 20%.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 23 Jul 2024, checked 27 Oct 2026. Surcharge and cess are not included.
Helios Arbitrage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹123 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 26.1%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Mar 2026.
Assets at each month end
Highest ₹146 Cr, Jun 2026.Lowest ₹43 Cr, Mar 2026.
Helios Arbitrage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. Large, mid and small cap in the glossary | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. Yield to maturity in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | ||||
|---|---|---|---|---|---|---|---|
| HDFC BankBanks | Shares | Large cap2nd | 6.93% | 9.21 | 1,30,000 | – | Mar 2026or earlier |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 5.80% | 7.72 | 65,000 | – | Apr 2026 |
| ICICI BankBanks | Shares | Large cap5th | 5.78% | 7.68 | 58,100 | – | Aug 2026 |
| Axis BankBanks | Shares | Large cap15th | 5.59% | 7.43 | 60,625 | – | Apr 2026 |
| Life Insurance Corporation of IndiaInsurance | Shares | Large cap11th | 5.58% | 7.41 | 1,87,600 | – | Aug 2026 |
| Tata SteelFerrous Metals | Shares | Large cap36th | 4.77% | 6.34 | 3,43,750 | – | Apr 2026 |
| Eicher MotorsAutomobiles | Shares | Large cap43rd | 4.36% | 5.79 | 8,100 | – | Apr 2026 |
| State Bank of IndiaBanks | Shares | Large cap4th | 4.22% | 5.61 | 58,500 | – | May 2026 |
| 364 DAY T-BILL 28.01.27Sovereign, repaid 28 Jan 2027 | Bonds and bills | 3.69% | 4.91 | 5,00,000 | 5.71% | Mar 2026or earlier | |
| 364 DAY T-BILL 11.03.27Sovereign, repaid 11 Mar 2027 | Bonds and bills | 3.67% | 4.88 | 5,00,000 | 5.81% | Mar 2026or earlier | |
| Canara BankBanks | Shares | Large cap80th | 3.64% | 4.84 | 4,05,000 | – | Jul 2026 |
| 364 DAY T-BILL 06.05.27Sovereign, repaid 6 May 2027 | Bonds and bills | 3.63% | 4.83 | 5,00,000 | 5.98% | May 2026 | |
| 364 DAY T-BILL 13.05.27Sovereign, repaid 13 May 2027 | Bonds and bills | 3.63% | 4.82 | 5,00,000 | 5.98% | May 2026 | |
| 364 DAY T-BILL 05.08.27Sovereign, repaid 5 Aug 2027 | Bonds and bills | 3.58% | 4.76 | 5,00,000 | 6.11% | Aug 2026 | |
| 364 DAY T-BILL 27.08.27Sovereign, repaid 27 Aug 2027 | Bonds and bills | 3.56% | 4.74 | 5,00,000 | 6.11% | Aug 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| HDFC Bank Ltd. 27.10.2026 | −7.00% | −9.30 | −1,30,000 |
| Reliance Industries Ltd. 27.10.2026 | −5.83% | −7.75 | −65,000 |
| ICICI Bank Ltd. 27.10.2026 | −5.81% | −7.72 | −58,100 |
| Life Insurance Corporation of India 27.10.2026 | −5.64% | −7.50 | −1,87,600 |
| Axis Bank Ltd. 27.10.2026 | −5.60% | −7.44 | −60,625 |
| Tata Steel Ltd. 27.10.2026 | −4.81% | −6.40 | −3,43,750 |
| Eicher Motors Ltd. 27.10.2026 | −4.39% | −5.83 | −8,100 |
| State Bank of India 27.10.2026 | −4.26% | −5.66 | −58,500 |
| Canara Bank 27.10.2026 | −3.67% | −4.88 | −4,05,000 |
| Larsen & Toubro Ltd. 27.10.2026 | −3.52% | −4.68 | −12,425 |
| Jindal Steel Ltd. 27.10.2026 | −2.73% | −3.62 | −31,875 |
| Ashok Leyland Ltd. 27.10.2026 | −2.57% | −3.42 | −2,20,000 |
| Bank of Baroda 27.10.2026 | −2.15% | −2.86 | −1,22,850 |
| Bharti Airtel Ltd. 27.10.2026 | −1.96% | −2.60 | −14,725 |
| Jio Financial Services Ltd. 27.10.2026 | −1.80% | −2.40 | −1,10,450 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| TREPS | 5.54% | 7.36 |
| Net Receivable / Payable | −4.64% | −6.15 |
| Margin amount for Derivative positions | 2.02% | 2.69 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions. Largest holding in the glossary
- 6.93%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 29.68%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 50.39%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out. Top 10 shares in the glossary
- 50.18%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 24.6Taken over 97.08% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Indian shares75.32%
- Bonds and bills21.76%
- Cash and receivables2.92%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds. Futures and options, net in the glossary−75.83%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces. Futures and options, gross in the glossary75.83%
Per cent of the fund's net assets.
Large, mid and small cap
- Large cap91.13%Category 75.59%
- Mid cap6.72%Category 19.51%
- Small cap2.15%Category 4.90%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 40 Arbitrage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets. Sector weight in the glossary0sectors
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 40 Arbitrage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 40 Arbitrage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 7 months | ||||||||
|---|---|---|---|---|---|---|---|---|
| Fast Moving Consumer Goods | 0.00% | 0.00% | 0.00% | 0.00% | −0.02% | −0.01% | 0.00% | |
| Consumer Services | 0.00% | 0.00% | −0.03% | −0.02% | −0.05% | 0.00% | 0.00% | |
| Power | 0.00% | 0.00% | 0.00% | −0.03% | −0.06% | −0.01% | 0.00% | |
| Information Technology | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Services | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Chemicals | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Construction Materials | 0.00% | 0.00% | 0.00% | −0.02% | −0.04% | −0.02% | 0.00% | |
| Realty | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Textiles | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Telecommunication2 companies | −0.01% | −0.06% | −0.01% | −0.01% | −0.02% | −0.03% | 0.00% | |
| Healthcare1 company | −0.01% | −0.01% | −0.01% | −0.05% | −0.07% | −0.04% | 0.00% | |
| Consumer Durables2 companies | −0.01% | 0.01% | −0.01% | 0.00% | −0.01% | −0.01% | 0.00% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Mar 2026 to Sep 2026.
- Yield to maturity
- 5.95%Lines stating a yield: 79.71% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio. Yield after expenses in the glossary
- 4.07%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal. Macaulay duration in the glossary
- 49days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates. Modified duration in the glossary
- 48days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid. Average maturity in the glossary
- 49days
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over. Maturity date known in the glossary
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window. Perpetual bonds in the glossary
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared. Credit rating in the glossaryLoans of over a year
- Sovereign21.76%
Other
- Overnight lending5.54%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off. Maturity profile in the glossary- Up to 1 month5.54%
- 1 to 3 monthsNone
- 3 to 6 months7.36%
- 6 to 12 months14.40%
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 2975.83% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 2970.82% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 3
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 32
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 70.82%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 81.57%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| Reliance Industries | Added | 5.80% | 2.18% | +3.62 pts | +42,000 |
| ICICI Bank | Added | 5.78% | 2.35% | +3.43 pts | +36,400 |
| HDFC Bank | Added | 6.93% | 6.10% | +0.83 pts | +14,300 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 58 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 HDFC Bank | – | – | – | – | – | 7.49% | 2.46%Cut | 4.98%Added | 4.58%Cut | 5.13%Cut | 6.10%Added | 6.93%Added |
 Reliance Industries | – | – | – | – | – | – | 3.11%Bought | 2.11%Added | 2.04% | 2.86% | 2.18% | 5.80%Added |
 ICICI Bank | – | – | – | – | – | – | 6.23%Bought | 6.29%Added | 6.79% | Sold out | 2.35%Bought again | 5.78%Added |
 Axis Bank | – | – | – | – | – | – | 3.78%Bought | 1.29% | 1.32% | 1.02%Cut | 5.86%Added | 5.59% |
 Life Insurance Corporation of India | – | – | – | – | – | – | – | – | – | – | 5.83%Bought | 5.58% |
 Tata Steel | – | – | – | – | – | – | 4.10%Bought | 3.42%Added | 3.04% | 4.26% | 4.71%Added | 4.77% |
 Eicher Motors | – | – | – | – | – | – | 4.27%Bought | 4.04%Added | 3.92% | 6.03% | 4.79% | 4.36% |
 State Bank of India | – | – | – | – | – | – | – | 4.52%Bought | 4.74% | 5.71%Cut | 4.61% | 4.22% |
| 364 DAY T-BILL 28.01.27 | – | – | – | – | – | 11.24% | 9.95% | 3.34% | 3.32% | 4.62% | 3.64% | 3.69% |
| 364 DAY T-BILL 11.03.27 | – | – | – | – | – | 11.18% | 9.89% | 3.32% | 3.30% | 4.59% | 3.61% | 3.67% |
 Canara Bank | – | – | – | – | – | – | – | – | – | 4.81%Bought | 3.82% | 3.64% |
| 364 DAY T-BILL 06.05.27 | – | – | – | – | – | – | – | 3.29%Bought | 3.27% | 4.55% | 3.58% | 3.63% |
| 364 DAY T-BILL 13.05.27 | – | – | – | – | – | – | – | 6.58%Bought | 6.53% | 4.55%Cut | 3.58% | 3.63% |
| 364 DAY T-BILL 05.08.27 | – | – | – | – | – | – | – | – | – | – | 3.53%Bought | 3.58% |
| 364 DAY T-BILL 27.08.27 | – | – | – | – | – | – | – | – | – | – | 3.52%Bought | 3.56% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it. Portfolio turnover in the glossary
Highest 616.0% in Sep 2026
Risk ratios
NAV to 27 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| Since Mar 2026 | −0.49% | 31 Aug 2026 | 4 Sep 2026 | 10 Sep 2026 |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Feb 2026 to Aug 20267 months | Low | LowNifty 50 Arbitrage TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Helios Arbitrage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Alok BahlPrimary | Mar 2026 | +3.30%over 217 days | +3.80% | −0.50 pts | – | – | 8 | ₹15,371 Cr |
| Pratik SinghComanage | Mar 2026 | +3.30%over 217 days | +3.80% | −0.50 pts | – | – | 7 | ₹15,074 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| Helios Flexi Cap FundAlok Bahl | Nov 2023 | +14.03%a year | +8.42% | +5.61 pts | ₹8,784 Cr |
| Helios Mid Cap FundAlok Bahl | Mar 2025 | +16.69%a year | +9.98% | +6.71 pts | ₹2,348 Cr |
| Helios Small Cap FundAlok Bahl | Nov 2025 | +6.47%over 332 days | −0.47% | +6.94 pts | ₹1,885 Cr |
| Helios Large & Mid Cap FundAlok Bahl | Oct 2024 | +4.56%a year | −0.27% | +4.83 pts | ₹1,463 Cr |
| Helios Overnight FundAlok Bahl | Oct 2023 | +5.90%a year | – | – | ₹297 Cr |
| Helios Flexi Cap FundPratik Singh | Apr 2024 | +8.15%a year | +3.02% | +5.13 pts | ₹8,784 Cr |
| Helios Mid Cap FundPratik Singh | Mar 2025 | +16.69%a year | +9.98% | +6.71 pts | ₹2,348 Cr |
| Helios Small Cap FundPratik Singh | Nov 2025 | +6.47%over 332 days | −0.47% | +6.94 pts | ₹1,885 Cr |
| Helios Large & Mid Cap FundPratik Singh | Oct 2024 | +4.56%a year | −0.27% | +4.83 pts | ₹1,463 Cr |
| Helios Balanced Advantage FundPratik Singh | Mar 2024 | +5.08%a year | +3.57% | +1.51 pts | ₹265 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Old Bridge Arbitrage FundOld Bridge Mutual Fund | 39.95% | 26 |
| LIC MF Arbitrage FundLIC Mutual Fund | 38.21% | 16 |
| Parag Parikh Arbitrage FundPPFAS Mutual Fund | 37.51% | 22 |
| JioBlackRock Arbitrage FundJio BlackRock Mutual Fund | 37.42% | 24 |
| Mahindra Manulife Arbitrage FundMahindra Manulife Mutual Fund | 36.82% | 15 |
| Groww Arbitrage FundGroww Mutual Fund | 35.88% | 15 |
| TRUSTMF Arbitrage FundTrust Mutual Fund | 35.13% | 20 |
| Bajaj Finserv Arbitrage FundBajaj Finserv Mutual Fund | 34.22% | 27 |
| Sundaram Arbitrage FundSundaram Mutual Fund | 34.21% | 16 |
| PGIM India Arbitrage FundPGIM India Mutual Fund | 32.72% | 10 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Helios Balanced Advantage FundHelios Mutual Fund | 23.95% |
As the fund house states it, for Sep 2026.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment. However, there is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Equity & Equity related instruments^ including derivatives - 65-100%
- Debt instruments* through Certificate of Deposits (CDs), Government securities with an unexpired maturity up to 1-year, overnight debt securities including TREPs and margin money deployed in derivative transactions. - 0-35%
- Mutual Fund units$$ (including Gold/Silver ETFs):0%-35%
- ETCDs - 0%-10%
Type of scheme
An open-ended scheme investing in arbitrage opportunities.
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- NIFTY 50 Arbitrage Total Return Index(TRI)
- Risk level at launch
- Low Risk
- New fund offer
- 9 Mar 2026 to 13 Mar 2026
- Units first allotted
- 20 Mar 2026
- Open for sale again
- 23 Mar 2026
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 154257 | INF0R8701442 | HELI_ARBI_DIR_1WRYUAM | 23 Mar 2026 | |
| Regular Growth | 154258 | INF0R8701418 | HELI_ARBI_REG_P0HIY8 | 23 Mar 2026 | |
| Direct IDCW | 154259 | INF0R8701459 | INF0R8701467 | HELI_ARBI_DIR_87Z7WD | 23 Mar 2026 |
| Regular IDCW | 154260 | INF0R8701426 | INF0R8701434 | HELI_ARBI_REG_1MBAFOY | 23 Mar 2026 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- September 2026Helios Mutual Fund, Sep 2026
Statement of additional information
- SAI Helios Mutual FundHelios Mutual Fund, Oct 2026
Annual report
- Helios Large and Mid Cap Fund Abridged Annual Report FY 2025-26Helios Mutual Fund, Mar 2026
- Helios Balanced Advantage Fund Abridged Annual Report FY 2025-26Helios Mutual Fund, Mar 2026
- Helios Overnight Fund Abridged Annual Report FY 2025-26Helios Mutual Fund, Mar 2026
- Helios Arbitrage Fund Abridged Annual Report FY 2025-26Helios Mutual Fund, Mar 2026
Riskometer disclosure
- Riskometer disclosureHelios Mutual Fund, Mar 2026
Portfolio overlap disclosure
- September 2026Helios Mutual Fund, Sep 2026