Direct Plan · IDCW · Arbitrage · Scheme code 154259
NAV₹10.2900as on 24 Sep 2026
Fund houseHelios Mutual Fund
CategoryArbitrage
Plan & optionDirect · IDCW
History0.5 years
Returns (%)
1M
3M
6M
1Y
3Y
5Y
7Y
10Y
Launch
This scheme
0.59
1.38
—
—
—
—
—
—
—
Arbitrage category median
—
—
—
6.56
7.29
6.65
—
6.37
—
Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
1.9%
—
—
—
—
-0.5%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
— months this scheme and its benchmark share.
Growth of ₹100 since launch
Helios Arbitrage Fund
Direct Plan · IDCW
Allocation
By asset
Equity
70.77%
Debt
21.46%
Cash & Equivalents
7.77%
By market cap
Concentration
Number of stocks
35
Top 5 stocks
27.29%
Top 10 stocks
46.71%
Top 20 stocks
75.31%
Lines in the filing
38
Largest holding
6.10%
Largest sector
Banks 27.88%
Effective stocks
29.8
Sectors held
14
Cash
7.77%
Effective stocks is what the concentration works out to: a fund holding
35 names but most of its money in a few
behaves like a fund of 30. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Banks
27.88%
Sovereign
21.46%
Cash & Equivalents
7.77%
Ferrous Metals
7.54%
Insurance
5.83%
Automobiles
4.99%
Finance
4.80%
Construction
3.74%
Agricultural, Commercial & Construction Vehicles
2.87%
Telecom - Services
2.82%
Capital Markets
2.77%
Consumer Durables
2.25%
Petroleum Products
2.18%
Non - Ferrous Metals
1.85%
Pharmaceuticals & Biotechnology
1.25%
Helios Arbitrage Fund
Direct Plan · IDCW · holdings
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
HDFC Bank Ltd.
Banks
115,700
8
6.10%
2
TREPS
Unclassified
—
8
5.94%
3
Axis Bank Ltd.
Banks
60,625
8
5.86%
4
Life Insurance Corporation of India
Insurance
187,600
8
5.83%
5
Eicher Motors Ltd.
Automobiles
8,100
6
4.79%
6
Tata Steel Ltd.
Ferrous Metals
343,750
6
4.71%
7
State Bank of India
Banks
58,500
6
4.61%
8
Canara Bank
Banks
405,000
5
3.82%
9
Larsen & Toubro Ltd.
Construction
12,425
5
3.74%
10
364 DAY T-BILL 28.01.27
Sovereign
500,000
5
3.64%
11
364 DAY T-BILL 11.03.27
Sovereign
500,000
5
3.61%
12
364 DAY T-BILL 13.05.27
Sovereign
500,000
5
3.58%
13
364 DAY T-BILL 06.05.27
Sovereign
500,000
5
3.58%
14
364 DAY T-BILL 05.08.27
Sovereign
500,000
5
3.53%
15
364 DAY T-BILL 27.08.27
Sovereign
500,000
5
3.52%
16
Ashok Leyland Ltd.
Agricultural, Commercial & Construction Vehicles
220,000
4
2.87%
17
Jindal Steel Ltd.
Ferrous Metals
31,875
4
2.83%
18
Margin amount for Derivative positions
Unclassified
—
3
2.59%
19
ICICI Bank Ltd.
Banks
21,700
3
2.35%
20
Reliance Industries Ltd.
Petroleum Products
23,000
3
2.18%
21
Bank of Baroda
Banks
122,850
3
2.18%
22
Jio Financial Services Ltd.
Finance
110,450
3
1.98%
23
Bharti Airtel Ltd.
Telecom - Services
14,725
3
1.98%
24
Hindalco Industries Ltd.
Non - Ferrous Metals
24,500
2
1.85%
25
Crompton Greaves Consumer Electricals Ltd.
Consumer Durables
103,200
2
1.81%
26
Muthoot Finance Ltd.
Finance
6,600
2
1.46%
27
HDFC Asset Management Co. Ltd.
Capital Markets
7,200
2
1.40%
28
Multi Commodity Exchange of India Ltd.
Capital Markets
5,400
2
1.37%
29
Bank of India
Banks
119,600
2
1.26%
30
Cipla Ltd.
Pharmaceuticals & Biotechnology
11,900
2
1.25%
Helios Arbitrage Fund
Direct Plan · IDCW · where the money sits
What the manager did last month
Between the filings of 31 Jul 2026 and 31 Aug 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹16 cr
₹1 cr
7
3
-0.08%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
Life Insurance Corporation of India
187,600
entered
—
7.8
Jindal Steel Ltd.
31,875
entered
—
3.8
ICICI Bank Ltd.
21,700
entered
—
3.2
Multi Commodity Exchange of India Ltd.
5,400
entered
—
1.8
Bajaj Finance Ltd.
9,000
entered
—
1.0
Power Finance Corporation Ltd.
26,000
entered
—
0.9
Maruti Suzuki India Ltd.
200
entered
—
0.3
Added to
Axis Bank Ltd.
51,875
+592.9%
+5.7%
6.7
HDFC Bank Ltd.
43,550
+60.4%
-5.2%
3.1
Tata Steel Ltd.
107,250
+45.4%
-2.8%
2.0
Crompton Greaves Consumer Electricals Ltd.
73,100
+242.9%
-9.3%
1.7
Ashok Leyland Ltd.
85,000
+63.0%
+5.7%
1.5
Bharti Airtel Ltd.
5,225
+55.0%
-8.1%
1.0
Trimmed
HDFC Asset Management Co. Ltd.
4,800
-40.0%
+0.2%
1.3
Sold out of
Eternal Ltd.
194,000
exited
—
5.9
Sun Pharmaceutical Industries Ltd.
16,100
exited
—
3.2
GAIL (India) Ltd.
14,200
exited
—
0.3
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹21 cr
₹29 cr
+₹8 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 25 Sep 2026.
