Fundalysisby DARKHORSESTOCKS

Scheme

Helios Balanced Advantage Fund

Holds 56 companies worth ₹240 Cr in Sept 2026.

  • Fund house

    HeliosThe fund house that runs this scheme.

  • AUM

    ₹265 CrHelios Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 8.1% on Aug 2026, ₹288 Cr.

  • Largest holding

    Kotak Mahindra Bank LimitedKotak Mahindra Bank Limited is 6.3% of this scheme's NAV.

  • Fund manager

    Alok BahlRuns it since 27 Mar 2024, as the fund house dates it. With Pratik Singh (fund manager), Devesh Kumar Bhatt (fund manager).

Overview(8 Oct 2026)

Fund managers3

  1. Alok BahlFund manager, equity · Mar 2024 · 34y · B.Com
  2. Pratik SinghFund manager · Mar 2024 · 12y · MBA B.E.
  3. Devesh Kumar BhattFund manager, debt · Jun 2026 · 4y · M.Com
  1. Utssav ModiMar 2024 – Jun 2026

Key facts

Benchmark
CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI)
Risk
Very High
Expense
Regular 2.84% · Direct 1.32%
Exit load
Nil
Started
27 Mar 2024
Minimum
₹5,000

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

What changed(24 changes)

Sept 2026

1 change
  1. Expense ratio
    30 SeptRegular 2.85% → 2.82%Direct 1.33% → 1.3%

Aug 2026

1 change
  1. Expense ratio
    31 AugRegular 2.89% → 2.85%Direct 1.38% → 1.33%

Jul 2026

1 change
  1. Expense ratio
    31 JulRegular 2.76% → 2.89%Direct 1.24% → 1.38%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Mar 2024 – now)

  1. Alok Bahl
  2. Pratik Singh
  3. Devesh Kumar Bhatt
  4. Utssav Modi
MainCoSlice20252026
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(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
20 changesRegularDirectΔ pt
30 Sept 20262.82%1.30%0.03
31 Aug 20262.85%1.33%0.05
31 Jul 20262.89%1.38%0.14
17 Jun 20262.76%1.24%0.30
1 Jun 20262.45%0.94%0.01
19 May 20262.44%0.93%0.03
1 Apr 20262.40%0.96%0.03
12 Mar 20262.43%0.93%0.01
16 Feb 20262.42%0.92%0.01
16 Jan 20262.42%0.91%0.01
15 Dec 20252.41%0.90%0.01
30 Sept 20252.41%0.89%0.01
18 Aug 20252.40%0.88%0.01
15 Jul 20252.40%0.89%0.02
16 Jun 20252.41%0.91%0.02
16 May 20252.40%0.89%0.10
18 Feb 20252.39%0.79%0.06
20 Jan 20252.38%0.73%0.01
27 Nov 20242.38%0.72%0.02
30 Aug 20242.38%0.74%–
Direct plan, 30 Sept 2026
1.30%
Regular plan 2.82% · Exit load nil
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 capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there can be no assurance that the investment objective of the Scheme will be realized.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended dynamic asset allocation fund investing in debt and equity instruments only
Benchmark
CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI)

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments
    Allowed0–100%Holds90.8%
  2. Debt Securities$ and Money Market Instruments, cash, and cash equivalents
    Allowed0–100%Holds9.2%

Holds in Sept 2026.90.8% equity · 9.2% 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
Balanced Advantage Fund
Offer
11 Mar 2024 to 20 Mar 2024
Started
27 Mar 2024
Reopened
28 Mar 2024
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 Limited
SEBI code
HELI/O/H /BAF/24/02/0003