Fundalysisby DARKHORSESTOCKS

Scheme

Helios Arbitrage Fund

Holds 29 companies worth ₹100 Cr in Sept 2026.

  • Fund house

    HeliosThe fund house that runs this scheme.

  • AUM

    ₹133 CrHelios Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.1% on Aug 2026, ₹134 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 6.9% of this scheme's NAV.

  • Fund manager

    Alok BahlRuns it since 20 Mar 2026, as the fund house dates it. With Pratik Singh (co-manager).

Overview(8 Oct 2026)

Fund managers2

  1. Alok BahlFund manager · Mar 2026 · 34y · B.Com
  2. Pratik SinghCo-manager · Mar 2026 · 12y · MBA B.E.

    Key facts

    Benchmark
    NIFTY 50 Arbitrage Total Return Index(TRI)
    Risk
    Low
    Expense
    Regular 2.29% · Direct 1.76%
    Exit load
    0.25% within 7 days
    Started
    20 Mar 2026
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

    What changed(13 changes)

    Sept 2026

    1 change
    1. Expense ratio
      30 SeptRegular 2.47% → 2.41%Direct 1.94% → 1.88%

    Aug 2026

    1 change
    1. Expense ratio
      31 AugDirect 1.95% → 1.94%

    Jul 2026

    1 change
    1. Expense ratio
      31 JulRegular 3.06% → 2.47%Direct 2.55% → 1.95%

    Source.Its filings at NSE, since Mar 2026.

    Fund managers over time(Mar 2026 – now)

    1. Alok Bahl
    2. Pratik Singh
    MainCoSlice
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Mar 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    14 changesRegularDirectΔ pt
    30 Sept 20262.41%1.88%0.06
    31 Aug 20262.47%1.94%0.01
    31 Jul 20262.47%1.95%0.60
    17 Jun 20263.06%2.55%2.02
    1 Jun 20261.02%0.53%0.01
    19 May 20261.01%0.52%0.01
    11 May 20261.07%0.53%0.06
    30 Apr 20261.01%0.47%0.02
    29 Apr 20261.03%0.49%0.01
    28 Apr 20261.02%0.48%0.04
    27 Apr 20261.06%0.52%0.05
    6 Apr 20261.01%0.47%0.02
    25 Mar 20261.04%0.49%0.02
    23 Mar 20261.02%0.47%–
    Direct plan, 30 Sept 2026
    1.88%
    Regular plan 2.41% · Exit load 0.25% within 7 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(8 Oct 2026)

    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.

    Risk, type and benchmark

    Riskometer
    Low
    At launch
    Low
    Type
    An open-ended scheme investing in arbitrage opportunities.
    Benchmark
    NIFTY 50 Arbitrage Total Return Index(TRI)

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments^ including derivatives
      Allowed65–100%Holds75.3%
    2. 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
      Allowed0–35%Holds24.7%
    3. Mutual Fund units$$ (including Gold/Silver ETFs)
      Allowed0–35%
    4. ETCDs
      Allowed0–10%

    Holds in Sept 2026.75.3% equity · 24.7% debt and cash

    How to invest(8 Oct 2026)

    Buying

    To start
    ₹5,000, then re. 1/-
    To add
    ₹1,000, then re. 1/-
    Systematic
    SIP - Weekly, Fortnightly, Monthly, Quarterly, Default Frequency - Monthly ; STP - Daily, Weekly, Monthly, Quarterly ; SWP - Weekly, Monthly, Quarterly
    Dates
    SIP - 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) ; STP -Daily - (Every Business Day), Weekly - Any day (Monday to Friday) (If no day is selected, Monday will be the default day), Monthly - Any date (10th will be the default date), Quarterly - Any date (10th will be the default date) ; SWP - Weekly - Any day (Monday to Friday) (If no day is selected, Monday will be the default day), Monthly - Any date (10th will be the default date), Quarterly - Any date (10th will be the default date)
    Minimum
    SIP - Rs. 1,000/- ; STP - Rs. 1,000/- ; SWP - Rs. 1,000/-, then sIP - Re 1- ; STP - Re 1 ; SWP - Re 1
    Instalments
    SIP - Weekly, Fortnightly, Monthly - 12 nos., Quarterly - 6 nos. ; STP - All Frequencies - 6 nos. ; SWP - All Frequencies - 6 nos.

    Selling and switching

    To redeem
    Any
    Switch minimum
    ₹5,000
    Switch multiples
    Re. 1/-

    Scheme details(8 Oct 2026)

    What it is

    Category
    Arbitrage Fund
    Offer
    9 Mar 2026 to 13 Mar 2026
    Started
    20 Mar 2026
    Reopened
    23 Mar 2026
    Plans
    Regular Plan & Direct Plan Growth* · Income Distribution cum Capital Withdrawal (IDCW) - Reinvestment of IDCW^ - Transfer of IDCW - Payout of IDCW · * default option · ^ default sub-option
    Face value
    Rs. 10/- per unit
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    SBI-SG Global Securities Services Private Limited
    Auditor
    S R Batliboi & Co LLP
    Registrar
    Computer Age Management Services Ltd.
    SEBI code
    HELI/O/H/ARB/25/12/0008