Helios Flexi Cap Fund - Regular Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Flexi Cap Fund

Portfolio Turnover Ratio : 34.00%. Category average turnover ratio is 208.48%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 97.42% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.42%

No of Stocks : 70 (Category Avg - 63.60) | Large Cap Investments : 35.63%| Mid Cap Investments : 13.29% | Small Cap Investments : 6.15% | Other : 42.35%

Portfolio Summary (as on 30th Nov,2025)

Particulars	This Scheme	Category
No. of Stocks	70	63.19
Top 5 Stock Weight	22.11%	25.4%
Top 10 Stock Weight	35.02%	40.44%
Top 3 Sector Weight	28.15%	31.21%

Category - Flexi Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	79215.79	95725.14
Holdings in large cap stocks	35.63%	40.82%
Holdings in mid cap stocks	13.29%	12.95%
Holdings in small cap stocks	6.15%	10.84%

Category - Flexi Cap Fund

Top 10 Stocks holding in Portfolio (as on 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
HDFC Bank Ltd.	Private sector bank	3081.2	5.59%	0.27%	7.74% (Mar 2025)	5.32% (Oct 2025)	30.58 L	3.98 L
ICICI Bank Ltd.	Private sector bank	2812	5.10%	0.99%	5.9% (Feb 2025)	4.02% (Sep 2025)	20.25 L	5.17 L
Reliance Industries Ltd.	Refineries & marketing	2271.5	4.12%	1.99%	4.12% (Jan 2025)	0% (Dec 2024)	14.49 L	7.41 L
Adani Ports And Special Economic Zone Ltd.	Port & port services	2030.5	3.68%	-0.26%	4.05% (Sep 2025)	2.07% (Jan 2025)	13.39 L	0.00
Eternal Ltd.	E-retail/ e-commerce	1996.4	3.62%	-0.21%	5.13% (Feb 2025)	3.16% (Mar 2025)	66.52 L	7.00 L
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1608.1	2.92%	-0.26%	3.29% (Feb 2025)	2.22% (Dec 2024)	7.65 L	0.00
One 97 Communications Ltd.	Financial technology (fintech)	1601.9	2.91%	-0.29%	3.89% (Dec 2024)	2.84% (Jun 2025)	12.13 L	0.00
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	1420.9	2.58%	-0.41%	2.99% (Oct 2025)	0% (Dec 2024)	31.06 L	0.00
Bajaj Finance Ltd.	Non banking financial company (nbfc)	1275	2.31%	-0.29%	3.73% (Feb 2025)	1.85% (Dec 2024)	12.29 L	0.00
Bharat Electronics Ltd.	Aerospace & defense	1207.1	2.19%	-0.34%	2.69% (Jun 2025)	0.94% (Dec 2024)	29.32 L	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 30th Nov,2025)

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Sector
M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
HDFC Bank Ltd.	Private sector bank	12.41	3081.2	5.59%	0.27%	7.74% (Mar 2025)	5.32% (Oct 2025)	30.58 L	3.98 L	Other	42.35
ICICI Bank Ltd.	Private sector bank	12.41	2812	5.10%	0.99%	5.9% (Feb 2025)	4.02% (Sep 2025)	20.25 L	5.17 L	Large Cap	35.63
Reliance Industries Ltd.	Refineries & marketing	8.01	2271.5	4.12%	1.99%	4.12% (Jan 2025)	0% (Dec 2024)	14.49 L	7.41 L	Large Cap	35.63
Adani Ports And Special Economic Zone Ltd.	Port & port services	3.68	2030.5	3.68%	-0.26%	4.05% (Sep 2025)	2.07% (Jan 2025)	13.39 L	0.00	Large Cap	35.63
Eternal Ltd.	E-retail/ e-commerce	7.73	1996.4	3.62%	-0.21%	5.13% (Feb 2025)	3.16% (Mar 2025)	66.52 L	7.00 L	Other	42.35
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.92	1608.1	2.92%	-0.26%	3.29% (Feb 2025)	2.22% (Dec 2024)	7.65 L	0.00	Large Cap	35.63
One 97 Communications Ltd.	Financial technology (fintech)	4.18	1601.9	2.91%	-0.29%	3.89% (Dec 2024)	2.84% (Jun 2025)	12.13 L	0.00	Other	42.35
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	8.01	1420.9	2.58%	-0.41%	2.99% (Oct 2025)	0% (Dec 2024)	31.06 L	0.00	Large Cap	35.63
Bajaj Finance Ltd.	Non banking financial company (nbfc)	5.24	1275	2.31%	-0.29%	3.73% (Feb 2025)	1.85% (Dec 2024)	12.29 L	0.00	Other	42.35
Bharat Electronics Ltd.	Aerospace & defense	2.19	1207.1	2.19%	-0.34%	2.69% (Jun 2025)	0.94% (Dec 2024)	29.32 L	0.00	Mid Cap	13.29
- Hero Motocorp Ltd.	2/3 wheelers	5.42	1118.5	2.03%	0.00%	2.27% (Sep 2025)	0% (Dec 2024)	1.81 L	0.00	Large Cap	35.63
Cartrade Tech Ltd.	E-retail/ e-commerce	7.73	1065.3	1.93%	-0.18%	2.24% (Jan 2025)	1.44% (Dec 2024)	3.45 L	0.00	Other	42.35
State Bank Of India	Public sector bank	1.89	1044.1	1.89%	-0.13%	3.49% (Jan 2025)	1.89% (Nov 2025)	10.66 L	0.00	Large Cap	35.63
KPIT Technologies Ltd.	Computers - software & consulting	1.84	1011.5	1.84%	0.32%	2.75% (Mar 2025)	1.39% (Feb 2025)	8.27 L	1.84 L	Other	42.35
Syrma SGS Technology Ltd.	Industrial products	2.37	997.8	1.81%	-0.20%	2.33% (Aug 2025)	0.72% (Feb 2025)	12.16 L	0.00	Other	42.35
Cummins India Ltd.	Compressors, pumps & diesel engines	2.26	964	1.75%	-0.14%	1.89% (Oct 2025)	0% (Dec 2024)	2.15 L	0.00	Mid Cap	13.29
Kotak Mahindra Bank Ltd.	Private sector bank	12.41	950.2	1.72%	-0.18%	3.03% (Mar 2025)	0% (Dec 2024)	4.47 L	0.00	Large Cap	35.63
Ather Energy Ltd.	2/3 wheelers	5.42	938.7	1.70%	0.09%	1.7% (Nov 2025)	0% (Dec 2024)	13.07 L	1.57 L	Other	42.35
Motilal Oswal Financial Services Ltd.	Stockbroking & allied	1.56	858.6	1.56%	-0.21%	2.2% (Jul 2025)	1.17% (Jan 2025)	8.95 L	0.00	Small Cap	6.15
PNB Housing Finance Ltd.	Housing finance company	2.28	831.9	1.51%	-0.22%	2.14% (Apr 2025)	1.42% (Aug 2025)	9.19 L	0.00	Mid Cap	13.29
Delhivery Ltd.	Logistics solution provider	1.49	822.4	1.49%	-0.33%	1.96% (Aug 2025)	0% (Dec 2024)	19.30 L	0.00	Other	42.35
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	1.42	783.3	1.42%	-0.04%	1.56% (Jun 2025)	0% (Dec 2024)	77.76 k	0.00	Small Cap	6.15
# Larsen & Toubro Ltd.	Civil construction	2.52	782.5	1.42%	1.42%	1.42% (Nov 2025)	0% (Dec 2024)	1.92 L	1.92 L	Large Cap	35.63
Indian Oil Corporation Ltd.	Refineries & marketing	8.01	723.8	1.31%	-0.01%	1.32% (Oct 2025)	0% (Dec 2024)	44.75 L	5.36 L	Large Cap	35.63
Varun Beverages Ltd.	Other beverages	1.31	721.3	1.31%	-0.12%	2.63% (Dec 2024)	1.31% (Nov 2025)	14.98 L	0.00	Other	42.35
360 ONE WAM Ltd.	Other financial services	1.31	719.2	1.31%	-0.02%	2.09% (Jun 2025)	0.78% (Jan 2025)	6.08 L	0.00	Other	42.35
PB Fintech Ltd.	Financial technology (fintech)	4.18	700.2	1.27%	-0.12%	2.35% (Dec 2024)	0% (Dec 2024)	3.85 L	0.00	Other	42.35
DLF Ltd.	Residential, commercial projects	2.07	690.2	1.25%	-0.21%	2.3% (Jun 2025)	0% (Dec 2024)	9.54 L	0.00	Large Cap	35.63
Shriram Finance Ltd.	Non banking financial company (nbfc)	5.24	676.9	1.23%	0.02%	1.88% (Mar 2025)	0.92% (Jan 2025)	7.95 L	0.00	Other	42.35
Fortis Healthcare Ltd.	Hospital	2.13	661.3	1.20%	-0.29%	1.81% (Mar 2025)	1.14% (Dec 2024)	7.20 L	0.00	Other	42.35
Marico Ltd.	Personal care	1.12	614.7	1.12%	-0.13%	1.37% (Sep 2025)	0% (Dec 2024)	8.57 L	0.00	Large Cap	35.63
Jain Resource Recycling Ltd.	Diversified metals	1.11	612.8	1.11%	-0.09%	1.2% (Oct 2025)	0% (Dec 2024)	15.38 L	0.00	Other	42.35
NBCC (India) Ltd.	Civil construction	2.52	603.5	1.10%	-0.13%	1.29% (Aug 2025)	0% (Dec 2024)	51.72 L	0.00	Mid Cap	13.29
# Physicswallah Ltd.	E-retail/ e-commerce	7.73	591.2	1.07%	1.07%	1.07% (Nov 2025)	0% (Dec 2024)	47.33 L	47.33 L	Other	42.35
InterGlobe Aviation Ltd.	Airline	1.07	589.8	1.07%	-0.07%	1.47% (Mar 2025)	0% (Dec 2024)	99.94 k	0.00	Large Cap	35.63
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	1.72	583.1	1.06%	-0.07%	1.42% (Aug 2025)	1.02% (Feb 2025)	1.57 L	0.00	Mid Cap	13.29
Siemens Energy India Ltd.	Power generation	2	574.1	1.04%	-0.13%	1.59% (Jul 2025)	0% (Dec 2024)	1.82 L	0.00	Other	42.35
Indian Hotels Company Limited	Hotels & resorts	2.52	563.3	1.02%	-0.12%	2.26% (Jan 2025)	0% (Dec 2024)	7.57 L	0.00	Mid Cap	13.29
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	5.24	558.5	1.01%	0.05%	1.28% (Mar 2025)	0% (Dec 2024)	1.49 L	0.00	Mid Cap	13.29
Swiggy Ltd.	E-retail/ e-commerce	7.73	558.4	1.01%	-0.22%	2.72% (Dec 2024)	0% (Dec 2024)	14.76 L	0.00	Other	42.35
Gokaldas Exports Ltd.	Garments & apparels	1.01	556.2	1.01%	-0.01%	1.16% (May 2025)	0% (Dec 2024)	6.00 L	0.00	Small Cap	6.15
National Thermal Power Corporation Ltd.	Power generation	2	529	0.96%	-0.15%	2.09% (Dec 2024)	0.96% (Nov 2025)	16.20 L	0.00	Large Cap	35.63
Power Grid Corporation of India Ltd.	Power - transmission	1.88	517.4	0.94%	-0.18%	2% (Mar 2025)	0.77% (Feb 2025)	19.17 L	0.00	Large Cap	35.63
Adani Energy Solutions Ltd.	Power - transmission	1.88	515.4	0.94%	-0.10%	1.63% (Mar 2025)	0.94% (Nov 2025)	5.18 L	0.00	Mid Cap	13.29
Lemon Tree Hotels Ltd.	Hotels & resorts	2.52	514.8	0.93%	-0.16%	1.53% (Dec 2024)	0.93% (Nov 2025)	32.53 L	0.00	Small Cap	6.15
Apollo Hospitals Enterprises Ltd.	Hospital	2.13	514.4	0.93%	-0.16%	1.67% (Mar 2025)	0.93% (Nov 2025)	70.13 k	0.00	Mid Cap	13.29
HDFC Asset Management Co. Ltd.	Asset management company	0.93	510.5	0.93%	-0.11%	1.55% (Dec 2024)	0.93% (Nov 2025)	1.91 L	95.49 k	Large Cap	35.63
ABB India Ltd.	Heavy electrical equipment	1.14	490.4	0.89%	-0.11%	1.89% (Mar 2025)	0% (Dec 2024)	94.76 k	0.00	Large Cap	35.63
ICICI Lombard General Insurance Co Ltd.	General insurance	0.88	485.3	0.88%	-0.11%	1.23% (Jan 2025)	0.73% (Sep 2025)	2.46 L	0.00	Large Cap	35.63
Ola Electric Mobility Ltd.	2/3 wheelers	5.42	481.2	0.87%	-0.32%	2.09% (Aug 2025)	0% (Dec 2024)	1.17 Cr	0.00	Other	42.35
Indegene Ltd.	Healthcare research, analytics & technology	0.87	481.2	0.87%	-0.05%	1.99% (Jan 2025)	0.87% (Nov 2025)	9.06 L	61.26 k	Other	42.35
LG Electronics India Pvt. Ltd.	Consumer electronics	0.87	480.5	0.87%	-0.11%	0.98% (Oct 2025)	0% (Dec 2024)	2.90 L	0.00	Other	42.35
K.P.R. Mill Ltd.	Other textile products	0.84	464.3	0.84%	-0.09%	1.51% (May 2025)	0.84% (Nov 2025)	4.30 L	0.00	Other	42.35
Rural Electrification Corporation Limited	Financial institution	0.83	454.8	0.83%	-0.13%	1.95% (Mar 2025)	0.83% (Nov 2025)	12.60 L	0.00	Mid Cap	13.29
Vishal Mega Mart Ltd.	Diversified retail	0.82	454.6	0.82%	-0.16%	1.29% (Jun 2025)	0% (Dec 2024)	33.48 L	0.00	Other	42.35
Phoenix Mills Ltd.	Residential, commercial projects	2.07	454.1	0.82%	-0.07%	1.05% (Jul 2025)	0.62% (Jun 2025)	2.61 L	0.00	Small Cap	6.15
Bajaj Auto Ltd.	2/3 wheelers	5.42	450.8	0.82%	-0.08%	1.6% (Feb 2025)	0% (Dec 2024)	49.69 k	0.00	Large Cap	35.63
Travel Food Services Ltd.	Restaurants	0.78	429.2	0.78%	-0.07%	1.01% (Aug 2025)	0% (Dec 2024)	3.19 L	0.00	Other	42.35
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	5.24	382	0.69%	-0.07%	1.2% (Mar 2025)	0.66% (Dec 2024)	2.20 L	0.00	Other	42.35
ITC Hotels Ltd	Hotels & resorts	2.52	314.5	0.57%	-0.09%	1.02% (May 2025)	0% (Dec 2024)	15.07 L	0.00	Other	42.35
Honeywell Automation India Ltd.	Industrial products	2.37	310.5	0.56%	-0.09%	0.95% (Dec 2024)	0.56% (Nov 2025)	8.77 k	0.00	Mid Cap	13.29
Oswal Pumps Ltd.	Compressors, pumps & diesel engines	2.26	279.5	0.51%	-0.24%	1.02% (Jul 2025)	0% (Dec 2024)	5.07 L	0.00	Other	42.35
Aadhar Housing Finance Ltd.	Housing finance company	2.28	257.9	0.47%	-0.08%	0.73% (Jul 2025)	0% (Dec 2024)	5.36 L	0.00	Other	42.35
# V2 Retail Ltd.	Speciality retail	0.41	228.6	0.41%	0.41%	0.41% (Nov 2025)	0% (Dec 2024)	93.33 k	93.33 k	Small Cap	6.15
GlaxoSmithKline Pharmaceuticals Ltd.	Pharmaceuticals	1.72	216.8	0.39%	-0.06%	0.87% (Mar 2025)	0.39% (Nov 2025)	84.39 k	0.00	Mid Cap	13.29
Saregama India Ltd.	Media & entertainment	0.39	212.7	0.39%	-0.10%	0.98% (Mar 2025)	0.39% (Nov 2025)	5.35 L	0.00	Other	42.35
India Shelter Finance Corporation Ltd.	Housing finance company	2.28	164.9	0.30%	-0.04%	0.46% (Jul 2025)	0% (Dec 2024)	1.87 L	0.00	Other	42.35
Ami Organics Ltd.	Pharmaceuticals	1.72	149.8	0.27%	-0.02%	0.29% (Oct 2025)	0% (Dec 2024)	81.53 k	0.00	Other	42.35
Hitachi Energy India Ltd.	Heavy electrical equipment	1.14	138	0.25%	0.02%	0.37% (May 2025)	0% (Dec 2024)	6.26 k	0.00	Other	42.35
Urban Company Ltd.	E-retail/ e-commerce	7.73	54.7	0.10%	-0.16%	0.31% (Sep 2025)	0% (Dec 2024)	4.05 L	-4.05 L	Other	42.35

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Larsen & Toubro Ltd.	Civil construction	782.5	1.42%	1.42%	1.42% (Nov 2025)	0% (Dec 2024)	1.92 L	192275
# Physicswallah Ltd.	E-retail/ e-commerce	591.2	1.07%	1.07%	1.07% (Nov 2025)	0% (Dec 2024)	47.33 L	4733479
# V2 Retail Ltd.	Speciality retail	228.6	0.41%	0.41%	0.41% (Nov 2025)	0% (Dec 2024)	93.33 k	93330

Stocks removed from Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024
HDFC Bank Ltd.	5.59%	5.32%	5.80%	5.80%	6.41%	6.79%	7.12%	7.62%	7.74%	6.96%	6.57%	6.21%	7.02%
ICICI Bank Ltd.	5.10%	4.11%	4.02%	4.61%	5.02%	5.01%	5.41%	5.78%	5.83%	5.90%	5.49%	5.34%	6.04%
Eternal Ltd.	3.62%	3.83%	4.26%	4.21%	4.38%	3.32%	3.23%	3.41%	6.32%	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	-	-	5.13%	4.07%	3.98%	4.25%
Reliance Industries Ltd.	4.12%	2.13%	-	-	-	-	-	-	3.81%	4.07%	4.12%	-	-
Tata Consultancy Services Ltd.	-	-	-	-	-	-	-	-	-	-	4.19%	3.56%	3.20%
Infosys Ltd.	-	-	-	-	-	-	-	-	-	-	4.08%	3.78%	2.55%
One 97 Communications Ltd.	2.91%	3.20%	3.13%	3.72%	3.13%	2.84%	2.95%	3.10%	3.00%	3.11%	3.24%	3.89%	3.85%
Adani Ports And Special Economic Zone Ltd.	3.68%	3.94%	4.05%	2.97%	3.07%	3.46%	3.69%	2.77%	2.88%	2.09%	2.07%	2.28%	2.46%
Bharti Airtel Ltd.	2.92%	3.18%	2.96%	2.47%	2.66%	2.98%	2.97%	3.23%	3.21%	3.29%	2.86%	2.22%	2.35%
Bajaj Finance Ltd.	2.31%	2.60%	2.81%	2.74%	2.68%	3.04%	3.07%	3.12%	3.46%	3.73%	2.99%	1.85%	-
State Bank Of India	1.89%	2.02%	2.13%	2.17%	2.02%	2.22%	2.91%	3.05%	3.19%	3.23%	3.49%	3.22%	3.45%
Hindustan Petroleum Corporation Ltd.	2.58%	2.99%	2.29%	2.15%	2.55%	2.84%	2.88%	2.87%	2.92%	-	-	-	-
Piramal Pharma Ltd.	-	-	-	-	-	-	-	-	-	-	2.12%	2.38%	2.68%
Coforge Ltd.	-	-	-	-	-	-	-	-	-	-	2.99%	2.53%	1.55%