HDFC Flexi Cap Fund vs Helios Flexi Cap Fund
HDFC Flexi Cap Fund and Helios Flexi Cap Fund are both Flexi Cap funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +17.33% vs —, 5-year CAGR +16.38% vs —, volatility 13.11% vs 16.21%, maximum drawdown −41.84% vs −18.23%. Their portfolios overlap by 29.6% (21 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Fund house | HDFC Mutual Fund | Helios Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹2,305.3460 | ₹16.3700 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 1 Jan 2013 | 15 Nov 2023 |
| Track record | 13.8 yrs | 3.0 yrs |
| Fund size (AUM) | ₹108,547 Cr | ₹8,784 Cr |
| Securities held | 84 | 71 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| 1 month | +5.79% | +4.33% |
| 3 months | +0.34% | +0.99% |
| 6 months | +5.75% | +5.48% |
| 1 year | +2.04% | +4.00% |
| 3 years (CAGR) | +17.33% | — |
| 5 years (CAGR) | +16.38% | — |
| 7 years (CAGR) | +18.43% | — |
| 10 years (CAGR) | +16.41% | — |
| Since launch (CAGR) | +15.96% | +17.17% |
| SIP return (XIRR, 5 years) ⓘ | +15.40% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| 2026 (year to date) | +1.44% | +5.14% |
| 2025 | +12.16% | +7.60% |
| 2024 | +24.33% | +29.89% |
| 2023 | +31.45% | — |
| 2022 | +19.09% | — |
| 2021 | +37.00% | — |
Risk
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 13.11% | 16.21% |
| Downside volatility ⓘ | 9.17% | 10.85% |
| Sharpe ratio ⓘ | 0.83 | 0.66 |
| Sortino ratio ⓘ | 1.19 | 0.98 |
| Maximum drawdown ⓘ | −41.84% | −18.23% |
| Recovery from that fall | 9 months | 5 months |
| Current fall from peak | −0.01% | −0.55% |
| Rolling 1-year return: worst | −38.24% | −5.66% |
| Rolling 1-year return: median | +14.49% | +8.61% |
| Rolling 1-year return: best | +99.62% | +39.78% |
| Share of 1-year periods with a loss | 17.37% | 2.66% |
Against each fund's benchmark
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Beta ⓘ | 0.82 | 0.99 |
| Alpha (Jensen's, annualised) ⓘ | +5.48% | +6.00% |
| R² ⓘ | 92.41 | 88.73 |
| Upside capture | 100.20% | 117.90% |
| Downside capture | 69.30% | 89.64% |
| Tracking error | 4.62% | 5.44% |
| Information ratio | 1.21 | 1.19 |
| Treynor ratio | 11.30 | 7.96 |
Portfolio
Asset mix
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Equity | 94.97% | 98.45% |
| REITs / InvITs | 2.29% | 0.00% |
| Cash & equivalents | 2.28% | 1.55% |
| Debt | 0.46% | 0.00% |
Market-cap split (share of fund assets)
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Large Cap | 69.93% | 56.03% |
| Mid Cap | 14.52% | 21.06% |
| Small Cap | 9.85% | 19.39% |
| Unclassified | 0.67% | 1.97% |
Concentration
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Top 10 holdings | 43.68% | 34.34% |
| Effective number of stocks ⓘ | 34.3 | 48.2 |
| Securities held | 84 | 71 |
Portfolio overlap: 29.6%
21 companies are held by both funds; by weight, 29.6% of the two portfolios is the same. That is a moderate overlap.
| Held by both | HDFC Flexi Cap | Helios Flexi Cap |
|---|---|---|
| HDFC Bank Limited | 6.03% | 4.31% |
| ICICI Bank Limited | 8.80% | 4.12% |
| Eternal Limited | 3.46% | 4.34% |
| Kotak Mahindra Bank Limited | 3.40% | 3.02% |
| State Bank of India | 3.94% | 2.78% |
| Larsen & Toubro Limited | 3.08% | 1.97% |
| Reliance Industries Limited | 1.40% | 1.95% |
| Bharti Airtel Limited | 2.62% | 1.38% |
| InterGlobe Aviation Limited | 2.99% | 0.90% |
| Power Grid Corporation of India Limited | 2.11% | 0.90% |
| Apollo Hospitals Enterprise Limited | 0.79% | 1.47% |
| PB Fintech Limited | 1.12% | 0.66% |
| Bharat Electronics Limited | 0.62% | 2.35% |
| Piramal Pharma Limited | 1.37% | 0.58% |
| Adani Enterprises Limited | 0.54% | 2.65% |
Top 10 holdings
HDFC Flexi Cap
- ICICI Bank Limited8.80%
- Axis Bank Limited6.11%
- HDFC Bank Limited6.03%
- State Bank of India3.94%
- Eternal Limited3.46%
- Kotak Mahindra Bank Limited3.40%
- SBI Life Insurance Company Limited3.25%
- Larsen & Toubro Limited3.08%
- InterGlobe Aviation Limited2.99%
- Bharti Airtel Limited2.62%
Helios Flexi Cap
- Eternal Limited4.34%
- HDFC Bank Limited4.31%
- ICICI Bank Limited4.12%
- Adani Ports and Special Economic Zone Limited3.92%
- One 97 Communications Limited3.68%
- Kotak Mahindra Bank Limited3.02%
- Bajaj Finance Limited2.80%
- State Bank of India2.78%
- Coforge Limited2.72%
- Adani Enterprises Limited2.65%
Sector exposure
| HDFC Flexi Cap | Helios Flexi Cap | |
|---|---|---|
| Banks | 28.28% | 14.23% |
| Finance | 0.00% | 8.67% |
| Capital Markets | 2.00% | 8.42% |
| Pharmaceuticals & Biotechnology | 8.41% | 2.73% |
| Automobiles | 8.24% | 2.19% |
| Retailing | 5.82% | 7.33% |
| Transport Infrastructure | 0.61% | 4.98% |
| IT - Software | 4.93% | 2.72% |
| Financial Technology (Fintech) | 1.12% | 4.80% |
| Healthcare Services | 4.12% | 2.93% |
| Construction | 3.66% | 2.87% |
| Insurance | 3.53% | 0.00% |
| Electrical Equipment | 0.74% | 3.35% |
| Auto Components | 3.22% | 0.59% |
Questions people ask
What is the difference between HDFC Flexi Cap and Helios Flexi Cap returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +2.04% vs +4.00%; 3-year CAGR +17.33% vs —; 5-year CAGR +16.38% vs —; 10-year CAGR +16.41% vs —. Past returns do not indicate future returns.
How do HDFC Flexi Cap and Helios Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) 13.11% vs 16.21%; Sharpe ratio 0.83 vs 0.66; Sortino ratio 1.19 vs 0.98; maximum drawdown −41.84% vs −18.23%; beta 0.82 vs 0.99.
How much do HDFC Flexi Cap and Helios Flexi Cap overlap?
By weight, 29.6% of the two portfolios is invested in the same companies; 21 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Eternal Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Flexi Cap and Helios Flexi Cap?
HDFC Flexi Cap: large cap 69.9%, mid cap 14.5%, small cap 9.9%. Helios Flexi Cap: large cap 56.0%, mid cap 21.1%, small cap 19.4% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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HDFC Flexi Cap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.