List of the Best Helios Mutual Funds (2026)
Helios Mutual Fund is one of India’s newer asset management companies, backed by Helios Capital Management Pte. Ltd., a Singapore-based investment firm founded by Samir Arora in 2005. The AMC received SEBI approval to operate a mutual fund in India in August 2023 and has steadily grown its fund portfolio since then. Here, we will be covering the best Helios mutual fund schemes and the key factors to consider when evaluating them.
Top Helios Mutual Fund Schemes
| Name | AUM(₹ in cr.) | Expense Ratio | NAV(₹ per unit) | Alpha | ↓Absolute Returns 1Y | Volatility | Exit Load |
|---|---|---|---|---|---|---|---|
| Helios Mid Cap Fund | 1,381.73 | 0.62 | 12.93 | 3.46 | 13.12 | 16.12 | 1 |
| Helios Large & Mid Cap Fund | 823.53 | 0.74 | 11 | 2.97 | 7.21 | 15.63 | 1 |
| Helios Flexi Cap Fund | 6,762.73 | 0.52 | 15.08 | 3.84 | 6.87 | 15.87 | 1 |
| Helios Overnight Fund | 226.23 | 0.13 | 1,165.35 | -0.04 | 5.19 | 0.05 | - |
| Helios Balanced Advantage Fund | 304.82 | 0.96 | 11.52 | 2.4 | 3.04 | 10.74 | - |
| Helios Financial Services Fund | 190.72 | 0.89 | 11.09 | 2.18 | -1.51 | 17.54 | 1 |
| Helios Small Cap Fund | 932.43 | 0.69 | 10.28 | 2.96 | - | 19.79 | 1 |
| Helios Arbitrage Fund | 48.24 | 0.47 | 10.10 | 0.13 | - | 1.63 | 0.25 |
Disclaimer: Please note that the above list of the best Helios mutual funds is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Note: The data on the list of the best Helios mutual funds is from 3rd June 2026. This data is derived from the Tickertape Mutual Funds Screener.
- AMC: Helios Capital Asset Management (India) Private Limited
- 1Y Absolute Returns: Sorted from Highest to Lowest
🚀 Pro Tip: You can use Tickertape’s Mutual Fund Screener to research and evaluate funds with over 50+ pre-loaded filters and parameters.
What is Helios Mutual Fund?
Helios Mutual Fund is a SEBI-registered mutual fund managed by Helios Capital Asset Management (India) Pvt. Ltd. The AMC is the Indian arm of Helios Capital Management Pte. Ltd., a Singapore-based investment firm established in 2005. It offers mutual fund schemes across equity and hybrid categories, with investment strategies focused on stock selection, portfolio diversification, and long-term wealth creation.
Overview of Helios Mutual Fund Schemes
Helios Mid Cap Fund
Helios Mid Cap Fund is an equity fund that invests mainly in mid-cap companies. It aims to participate in the growth potential of mid-sized businesses across sectors. Its performance depends on stock selection, sector positioning, valuation discipline, liquidity, and broader mid-cap market conditions.
Helios Large & Mid Cap Fund
Helios Large & Mid Cap Fund invests across large-cap and mid-cap companies. It combines exposure to established businesses with exposure to mid-sized companies. Its performance depends on market-cap allocation, sector exposure, stock selection, valuation levels, and overall equity market conditions.
Helios Flexi Cap Fund
Helios Flexi Cap Fund is an equity fund that can invest across large-cap, mid-cap, and small-cap companies. This gives the fund manager flexibility to adjust allocations based on market conditions and opportunities. Its performance depends on portfolio construction, stock selection, and market-cap positioning.
Helios Balanced Advantage Fund
Helios Balanced Advantage Fund is a hybrid scheme that dynamically allocates between equity and debt. It adjusts exposure based on market conditions and valuation signals. Its performance depends on the equity-debt allocation model, stock selection, interest rate trends, and broader market conditions.
Helios Financial Services Fund
Helios Financial Services Fund is a sectoral fund focused on financial services companies such as banks, NBFCs, insurers, asset managers, and other financial intermediaries. Its performance depends on credit growth, asset quality, margins, regulatory changes, and the broader financial services cycle.
Helios Small Cap Fund
Helios Small Cap Fund is an equity fund that invests mainly in small-cap companies. It focuses on smaller listed businesses across sectors. Its performance depends on stock selection, liquidity management, earnings growth, valuations, and the broader risk environment for small-cap stocks.
Helios Overnight Fund
Helios Overnight Fund is a debt scheme that invests in overnight securities with one-day maturity. It is designed for very short-term parking of funds. Its performance depends on overnight rates, liquidity conditions, the credit quality of instruments, and RBI policy rates.
Helios Arbitrage Fund
Helios Arbitrage Fund aims to capture price differences between the cash and futures segments of the equity market. It is structured as an arbitrage-oriented scheme. Its performance depends on market volatility, arbitrage spreads, liquidity, execution efficiency, and short-term debt or money market returns.
Tax on Helios Mutual Fund Schemes
Most Helios Mutual Fund schemes are equity-oriented. The applicable tax rates for these equity-oriented schemes as of FY 2025-26 and FY 2026-27 are as follows. Budget 2026 confirmed no changes to these rates.
| Gain Type | Holding Period | Tax Rate | Exemption |
| Short-Term Capital Gains (STCG) | Up to 12 months | 20% + surcharge + cess | None |
| Long-Term Capital Gains (LTCG) | More than 12 months | 12.5% + surcharge + cess | ₹1.25 lakh per financial year |
| Dividend Income | Any holding period | As per investor’s income tax slab | TDS of 10% if dividend exceeds ₹5,000 per year from a fund house |
Note on the Helios Overnight Fund: The Overnight Fund is a debt-oriented scheme. For units acquired after 1st April 2023, all capital gains are taxed at the investor’s applicable income tax slab rate regardless of the holding period, under Section 50AA of the Income Tax Act. There is no LTCG or STCG distinction for such units.
How to Invest in the Helios Mutual Funds in India?
You can start investing in Helios funds in India by following these steps:
- First, visit an equity investment platform such as smallcase to explore available Helios mutual fund schemes.
- Next, research and identify Helios funds based on your investment thesis, time horizon, and risk appetite. Tools like the Tickertape Mutual Fund Screener can help you filter and compare funds based on parameters such as returns, expense ratios, fund size, risk ratios, and more.
- Once you shortlist the fund, visit smallcase, log in, and search for the fund by name. You can then choose the investment mode, either a one-time lump sum or an SIP, and complete the investment process.
Benefits of Investing in Helios Mutual Fund Schemes
- Access to Multiple Fund Categories: Helios Mutual Fund offers schemes across equity, hybrid, debt, arbitrage, and sector-focused categories. This allows investors to choose funds based on their investment horizon, risk appetite, and preferred asset class instead of relying on one type of scheme.
- Exposure Across Market Caps: Helios has funds that invest across large-cap, mid-cap, small-cap, and flexi cap segments. This gives investors access to different parts of the equity market, from established companies to smaller businesses with higher growth potential and higher risk.
- Professional Fund Management: Helios schemes are managed by professional fund managers who study company fundamentals, valuations, sector trends, earnings quality, and market conditions. This can help investors who want equity or debt exposure without directly selecting individual stocks.
- Diversification Across Sectors: Many Helios equity schemes invest across different sectors such as financials, consumer, industrials, healthcare, and technology, depending on the fund mandate. This can help reduce concentration in one industry, though market risk still remains.
- Hybrid Allocation Option: Helios Balanced Advantage Fund offers exposure to both equity and debt through a dynamic asset allocation approach. Such funds can adjust equity and debt allocation based on market conditions, which may help manage volatility compared to pure equity funds.
Risks Involved While Investing in Helios Mutual Fund Schemes
- Market Risk: Helios equity-oriented schemes invest in listed companies, so their NAV can rise or fall with market movements. Factors such as weak corporate earnings, global market volatility, interest rate changes, geopolitical events, or sector-specific pressure can affect fund performance.
- Small And Mid Cap Risk: Schemes with mid-cap or small-cap exposure can see sharper price swings than large-cap funds. These companies may have lower liquidity, narrower business models, and higher sensitivity to market corrections, which can increase short-term volatility.
- Sector Concentration Risk: Sectoral funds, such as a financial services fund, invest mainly in one sector. This can increase risk if that sector faces regulatory changes, slower credit growth, margin pressure, rising NPAs, or weak demand. Diversified funds usually spread this risk better.
- Debt and Interest Rate Risk: Hybrid, debt, overnight, and arbitrage schemes may hold debt or money market instruments. Their performance can be affected by interest rate changes. When interest rates rise, the prices of some existing debt securities can fall, especially in longer-duration portfolios.
- Credit Risk: Debt exposure also carries issuer risk. If a company, bank, or institution whose securities are held by the fund faces a downgrade, delay, or default, the fund’s NAV may be affected. This risk is usually lower in overnight funds but can still matter across debt-oriented allocations.
Factors to Consider When Investing in Helios Mutual Fund Schemes
- Fund Category: Helios Mutual Fund offers equity, hybrid, debt, arbitrage, and sector-focused schemes. Each category has a different risk level, return profile, and investment horizon. Investors may first identify whether they need equity growth, short-term parking, sector exposure, or balanced allocation.
- Investment Objective: Each Helios scheme follows a specific mandate. For example, flexi cap, mid cap, small cap, financial services, balanced advantage, overnight, and arbitrage funds serve different purposes. The selected scheme should match the investor’s goal, time horizon, and risk appetite.
- Market-Cap Exposure: Equity schemes may invest across large-cap, mid-cap, or small-cap companies. Large-cap exposure may offer relatively higher stability, while mid-cap and small-cap exposure can carry higher volatility. Investors may review the portfolio mix before investing.
- Portfolio Concentration: Sectoral or focused exposure can increase risk if one sector underperforms. For example, a financial services fund may depend heavily on banking, NBFCs, insurance, and lending trends. Diversified schemes may spread risk across more sectors.
- Debt and Interest Rate Risk: Hybrid, debt, overnight, and arbitrage schemes may hold debt or money market instruments. Their returns can be affected by interest rate changes, credit quality, and liquidity conditions. Debt duration and issuer quality should be reviewed.
To Wrap It Up…
Helios Mutual Fund offers schemes across equity, hybrid, debt, arbitrage, and sector-focused categories. Each fund serves a different purpose, from long-term equity growth and market-cap exposure to short-term parking and dynamic allocation. However, investors may need to review the fund category, portfolio holdings, expense ratio, risk level, taxation, and track record before forming a view.
You can use the Tickertape Mutual Fund Screener to compare Helios Mutual Fund schemes based on returns, risk ratios, expense ratios, fund size, portfolio composition, and other key parameters.more.
Frequently Asked Questions on Helios Mutual Funds
Helios Mutual Fund is a SEBI-registered mutual fund managed by Helios Capital Asset Management (India) Pvt. Ltd. It is backed by Helios Capital Management Pte. Ltd., a Singapore-based fund management firm founded in 2005 by Samir Arora. It offers mutual fund schemes across equity, hybrid, debt, arbitrage, and sector-focused categories.
Helios Capital refers to the Helios group of companies, which includes Helios Capital Management Pte. Ltd. (Singapore), the parent entity, and Helios Capital Asset Management (India) Pvt. Ltd. (Helios AMC), the Indian mutual fund manager. Helios Capital was founded in 2005 by Samir Arora, Dave Williams, and Karan Trehan, who were among the pioneers of India’s private sector asset management industry, having set up one of India’s first private sector AMCs in 1994 in their prior roles.
Helios Mid Cap Fund is an open-ended equity scheme that invests predominantly in mid-cap companies (ranked 101 to 250 by market capitalisation). The fund was launched in March 2025 and had an AUM of approximately ₹1,137 cr. as of April 2026.
Helios Large and Mid Cap Fund is an equity fund launched in October 2024 that invests at least 35% each in large-cap and mid-cap companies, with the balance allocated flexibly. As of March 2026, the direct plan NAV was ₹10.46, and AUM was approximately ₹370 cr.
Helios AMC (Helios Capital Asset Management India Pvt. Ltd.) is the investment management company for Helios Mutual Fund, incorporated in May 2021 and registered with SEBI. It is a wholly owned subsidiary of Helios Capital Management Pte. Ltd., Singapore.
Helios Mutual Fund schemes are regulated by SEBI, but they are not risk-free. Their safety depends on the fund category, portfolio holdings, market conditions, debt quality, and investment horizon. Equity and sector funds carry higher market risk, while overnight or arbitrage funds may have relatively lower risk.
Disclaimer: The above information is for educational purposes only and should not be considered investment advice.
You can track the performance of the Helios Mutual Fund scheme through the Tickertape Mutual Fund Screener. Tickertape provides more than 50 prebuilt filters for comparing various Helios funds.
There is no single best Helios Mutual Fund for every investor. The right fund depends on the investor’s goal, risk appetite, time horizon, and preferred fund category. Investors can compare Helios funds on Tickertape Mutual Fund Screener using returns, risk ratios, expense ratios, fund size, portfolio holdings, and asset allocation before forming a view.
Disclaimer: The above information is for educational purposes only and should not be considered investment advice.
Helios Mutual Fund cannot be called good or bad in general, as each scheme has a different objective, risk level, portfolio, and track record. Investors may review factors such as fund category, expense ratio, portfolio holdings, fund manager strategy, risk ratios, returns consistency, and suitability before forming a view.
Disclaimer: The above information is for educational purposes only and should not be considered investment advice.
The Helios Flexi Cap Fund NAV was ₹15.08 as of 3rd June 2026. NAV can change daily based on the value of the fund’s underlying portfolio, so investors may check the latest NAV before reviewing or investing in the scheme.
