February 10, 2025
mayank
Helios Mid Cap Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Helios Mid Cap Fund Open Date, Close Date?
NFO opens on February 20, 2025
NFO will close on March 06, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital ap preciation from a portfolio that is invested predominantly in equity and equity related securities of mid cap companies.
Basic Details
| Fund House | Helios Mutual Fund |
| Issue Open | 20 February 2025 |
| Issue Close | 06 March 2025 |
| Type | Open-ended |
| Category | Equity: Mid Cap |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 3 months |
| Riskometer | Very High |
| Benchmark | NIFTY Midcap 150 TRI |
About Benchmark Index for this NFO?
Nifty Midcap 150 represents the next 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty 500. This index intends to measure the performance of mid market capitalisation companies.
Nifty Midcap 150 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Midcap 150 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Midcap 150 Total Returns Index
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 150 |
| Launch Date | April 01, 2016 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Helios Mid Cap Fund
1) Alok Bahl
Education: Mr. Bahl has done B.Com, PG Diploma in Financial Management and PG Certificate in Business Management from XLRI Jamshedpur
Experience: He has over 32 years of work experience in the areas of investment. He has been a part of Helios Group since its inception in 2005. Prior to joining Helios Group, he has worked in India with various sell side firms in sales for over 14 years.
2) Pratik Singh
Education: Mr. Singh has done B.E and MBA in Finance
Experience: Prior to joining Helios Mutual Fund, he has worked with Motilal Oswal Institutional Equities, Haitong Securities India, Nirmal Bang Institutional Equities and Minda Valeo Security Systems Pvt Ltd.
AMC
Helios Capital Asset Management (India) Pvt. Ltd.
Address: 502 B, 5th Floor, The Capital, Plot C70, Bandra Kurla Complex, Bandra East, Mumbai – 400051
Website: https://www.heliosmf.in/
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for Helios Mid Cap Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY Midcap 150 TRI
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -6.10 | -6.10 | 10.99 | 24.41 | 16.25 |
| Total Return | -6.09 | -6.09 | 11.60 | 25.40 | 17.63 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 18.68 | 19.48 | 21.07 |
| Beta (NIFTY 50) | 1.06 | 0.86 | 0.84 |
| Correlation (NIFTY 50) | 0.79 | 0.84 | 0.84 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 38.76 | 5.2 | 0.82 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Max Healthcare Institute Ltd. | 2.45 |
| BSE Ltd. | 2.24 |
| Suzlon Energy Ltd. | 2.15 |
| Indian Hotels Co. Ltd. | 2.09 |
| Persistent Systems Ltd. | 1.98 |
| Dixon Technologies (India) Ltd. | 1.78 |
| PB Fintech Ltd. | 1.77 |
| Coforge Ltd. | 1.71 |
| Lupin Ltd. | 1.56 |
| Federal Bank Ltd. | 1.43 |
Note on Benchmark Performance:
The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of mid-cap companies. Over the past two years, mid-cap and small-cap stocks have delivered exceptional returns. However, recent months have seen significant declines, driven by inflated valuations and several other factors, leading to considerable losses in mid-cap portfolios. Analysts hold differing views on the valuation of mid-cap stocks, with many still expressing concerns about a potential large-scale correction in this sector. Over the last five years, the Nifty Midcap Index has delivered a return of 25.40% per annum, although recent trends show negative returns.
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Alok Bahl
| Fund | Helios Flexi Cap Fund | It’s Benchmark | Helios Large & Mid Cap Fund | It’s Benchmark |
| 1 Year | 18.27 | 10.46 | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 06-02-2025
Past Performance of Pratik Singh
| Fund | Helios Balanced Advantage Fund | It’s Benchmark | Helios Financial Services Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 06-2-2025
Note on Fund Managers’ performance
As you know, the Fund managers are like pilots navigating through both turbulent and calm skies. Their ability to manage the fund effectively during both challenging and favorable times is key. Therefore, analyzing the historical performance of fund managers is important to gauge their future potential. However we could not obtain much information on the past performance of the two fund managers.
[ C ] Our NFO Review
Taking these factors into account and considering that the Nifty Midcap Index is currently trading at a price-to-earnings (PE) multiple of 38.76, there is still potential for further downside in mid-cap stocks. Even after a significant market correction, many mid-cap stocks continue to trade at elevated PE multiples ranging from 40 to 60. For instance, Coforge has a PE multiple of 67.12, PB Fintech (another constituent of the Midcap Index) has an astonishing PE of 4724, and Dixon Technologies is priced at a PE multiple of 107, among others. While we acknowledge that opinions may vary regarding the valuation of these stocks, we believe it is prudent to hold off on investing in this new fund offer (NFO) until market conditions stabilize.
Is it good to invest in Helios Mid Cap Fund NFO?
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