Fundalysisby DARKHORSESTOCKS

Scheme

Helios Small Cap Fund

Holds 96 companies worth ₹1,848 Cr in Sept 2026.

  • Fund house

    HeliosThe fund house that runs this scheme.

  • AUM

    ₹1,885 CrHelios Small Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 8.6% on Aug 2026, ₹1,737 Cr.

  • Largest holding

    Shadowfax Technologies LimitedShadowfax Technologies Limited is 2.2% of this scheme's NAV.

  • Fund manager

    Alok BahlRuns it since 27 Nov 2025, as the fund house dates it. With Pratik Singh (co-manager).

Overview(8 Oct 2026)

Fund managers2

  1. Alok BahlFund manager · Nov 2025 · 34y · B.Com
  2. Pratik SinghCo-manager · Nov 2025 · 12y · MBA B.E.

    Key facts

    Benchmark
    Nifty Small Cap 250 Total Return Index (TRI)
    Risk
    Very High
    Expense
    Regular 2.43% · Direct 0.89%
    Exit load
    1% within 3 months
    Started
    27 Nov 2025
    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 2.46% → 2.43%Direct 0.93% → 0.9%

    Aug 2026

    1 change
    1. Expense ratio
      31 AugRegular 2.5% → 2.46%Direct 0.94% → 0.93%

    Jul 2026

    1 change
    1. Expense ratio
      31 JulRegular 2.38% → 2.5%Direct 0.85% → 0.94%

    Source.Its filings at NSE, since Nov 2025.

    Fund managers over time(Nov 2025 – now)

    1. Alok Bahl
    2. Pratik Singh
    MainCoSlice2026
    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(Nov 2025 – Oct 2026)

    Every change to the expense ratio, newest first.
    25 changesRegularDirectΔ pt
    30 Sept 20262.43%0.90%0.03
    31 Aug 20262.46%0.93%0.01
    31 Jul 20262.50%0.94%0.09
    17 Jun 20262.38%0.85%0.15
    19 May 20262.23%0.70%0.03
    7 May 20262.21%0.67%0.02
    27 Apr 20262.23%0.69%0.01
    21 Apr 20262.24%0.70%0.02
    17 Apr 20262.25%0.72%0.01
    16 Apr 20262.26%0.73%0.01
    15 Apr 20262.27%0.74%0
    12 Apr 20262.28%0.74%0.01
    9 Apr 20262.29%0.75%0.04
    8 Apr 20262.33%0.79%0
    6 Apr 20262.32%0.79%0.09
    16 Feb 20262.31%0.70%0.01
    11 Feb 20262.32%0.71%0.01
    3 Feb 20262.33%0.72%0.01
    7 Jan 20262.34%0.73%0.01
    23 Dec 20252.35%0.74%0.01
    18 Dec 20252.36%0.75%0.01
    12 Dec 20252.37%0.76%0.01
    9 Dec 20252.38%0.77%0.01
    3 Dec 20252.39%0.78%0.01
    30 Nov 20252.40%0.79%–
    Direct plan, 30 Sept 2026
    0.90%
    Regular plan 2.43% · Exit load 1% within 3 months
    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 long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of small-cap companies. However, there is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended equity scheme predominantly investing in small cap stocks
    Benchmark
    Nifty Small Cap 250 Total Return Index (TRI)

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments^ of Small cap companies
      Allowed65–100%
    2. Equity and equity related instruments^ of companies of other than Small cap companies
      Allowed0–35%
    3. Money Market instruments$, Other Liquid instruments
      Allowed0–35%Holds2.0%
    4. Units issued by InvITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.98.0% equity · 2.0% 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
    Small Cap Fund
    Offer
    6 Nov 2025 to 20 Nov 2025
    Started
    27 Nov 2025
    Reopened
    28 Nov 2025
    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/E /SCF/25/07/0007