Helios Flexi Cap Fund vs LIC MF Flexi Cap Fund
Helios Flexi Cap Fund and LIC MF Flexi Cap Fund are both Flexi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +11.65%, 5-year CAGR — vs +9.55%, volatility 16.31% vs 17.12%, maximum drawdown −18.23% vs −34.20%. Their portfolios overlap by 25.8% (14 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
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Fund house | Helios Mutual Fund | LIC Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹16.5100 | ₹115.8451 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 15 Nov 2023 | 2 Jan 2013 |
| Track record | 3.0 yrs | 13.8 yrs |
| Fund size (AUM) | ₹8,784 Cr | ₹1,038 Cr |
| Securities held | 71 | 39 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| 1 month | +5.56% | +3.24% |
| 3 months | +1.98% | −3.80% |
| 6 months | +6.58% | +6.41% |
| 1 year | +6.11% | +2.25% |
| 3 years (CAGR) | — | +11.65% |
| 5 years (CAGR) | — | +9.55% |
| 7 years (CAGR) | — | +12.07% |
| 10 years (CAGR) | — | +11.32% |
| Since launch (CAGR) | +17.49% | +10.92% |
| SIP return (XIRR, 5 years) ⓘ | — | +10.71% |
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
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| 2026 (year to date) | +6.04% | +2.24% |
| 2025 | +7.60% | +2.98% |
| 2024 | +29.89% | +19.89% |
| 2023 | — | +29.75% |
| 2022 | — | −1.73% |
| 2021 | — | +21.34% |
Risk
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.31% | 17.12% |
| Downside volatility ⓘ | 10.85% | 12.50% |
| Sharpe ratio ⓘ | 0.67 | 0.30 |
| Sortino ratio ⓘ | 1.01 | 0.41 |
| Maximum drawdown ⓘ | −18.23% | −34.20% |
| Recovery from that fall | 5 months | 8 months |
| Current fall from peak | 0.00% | −5.17% |
| Rolling 1-year return: worst | −5.66% | −25.95% |
| Rolling 1-year return: median | +8.61% | +8.82% |
| Rolling 1-year return: best | +39.78% | +66.99% |
| Share of 1-year periods with a loss | 2.66% | 22.14% |
Against each fund's benchmark
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Beta ⓘ | 0.99 | 1.00 |
| Alpha (Jensen's, annualised) ⓘ | +6.00% | +0.15% |
| R² ⓘ | 88.73 | 84.80 |
| Upside capture | 117.90% | 104.98% |
| Downside capture | 89.64% | 107.48% |
| Tracking error | 5.44% | 6.66% |
| Information ratio | 1.19 | -0.01 |
| Treynor ratio | 7.96 | 3.59 |
Portfolio
Asset mix
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Equity | 98.45% | 95.74% |
| Cash & equivalents | 1.55% | 4.26% |
Market-cap split (share of fund assets)
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Large Cap | 56.03% | 40.22% |
| Mid Cap | 21.06% | 33.02% |
| Small Cap | 19.39% | 22.50% |
| Unclassified | 1.97% | 0.00% |
Concentration
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Top 10 holdings | 34.34% | 34.56% |
| Effective number of stocks ⓘ | 48.2 | 38.8 |
| Securities held | 71 | 39 |
Portfolio overlap: 25.8%
14 companies are held by both funds; by weight, 25.8% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Helios Flexi Cap | LIC MF Flexi Cap |
|---|---|---|
| ICICI Bank Limited | 4.12% | 4.64% |
| Eternal Limited | 4.34% | 3.36% |
| Coforge Limited | 2.72% | 2.64% |
| One 97 Communications Limited | 3.68% | 2.27% |
| Larsen & Toubro Limited | 1.97% | 3.04% |
| Shriram Finance Limited | 1.73% | 2.96% |
| Torrent Pharmaceuticals Limited | 1.64% | 2.14% |
| The Phoenix Mills Limited | 1.56% | 2.43% |
| Apollo Hospitals Enterprise Limited | 1.47% | 2.88% |
| 360 One WAM Limited | 1.37% | 3.01% |
| Ather Energy Limited | 2.19% | 1.09% |
| InterGlobe Aviation Limited | 0.90% | 3.13% |
| Marico Limited | 0.88% | 1.41% |
| Hitachi Energy India Limited | 0.84% | 2.70% |
Top 10 holdings
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%
LIC MF Flexi Cap
- ICICI Bank Limited4.64%
- Solar Industries India Limited4.27%
- Samvardhana Motherson International Limited3.52%
- Navin Fluorine International Limited3.50%
- Eternal Limited3.36%
- InterGlobe Aviation Limited3.13%
- Neuland Laboratories Limited3.11%
- Larsen & Toubro Limited3.04%
- 360 One WAM Limited3.01%
- IndusInd Bank Limited2.98%
Sector exposure
| Helios Flexi Cap | LIC MF Flexi Cap | |
|---|---|---|
| Banks | 14.23% | 12.14% |
| Auto Components | 0.59% | 10.57% |
| Chemicals & Petrochemicals | 0.00% | 10.57% |
| Pharmaceuticals & Biotechnology | 2.73% | 10.08% |
| Finance | 8.67% | 7.22% |
| Capital Markets | 8.42% | 3.01% |
| Retailing | 7.33% | 3.36% |
| Electrical Equipment | 3.35% | 6.53% |
| Transport Infrastructure | 4.98% | 0.00% |
| Financial Technology (Fintech) | 4.80% | 2.27% |
| IT - Software | 2.72% | 4.59% |
| Transport Services | 2.45% | 3.13% |
| Automobiles | 2.19% | 3.10% |
| Consumer Durables | 3.07% | 1.41% |
Questions people ask
What is the difference between Helios Flexi Cap and LIC MF Flexi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.11% vs +2.25%; 3-year CAGR — vs +11.65%; 5-year CAGR — vs +9.55%; 10-year CAGR — vs +11.32%. Past returns do not indicate future returns.
How do Helios Flexi Cap and LIC MF Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) 16.31% vs 17.12%; Sharpe ratio 0.67 vs 0.30; Sortino ratio 1.01 vs 0.41; maximum drawdown −18.23% vs −34.20%; beta 0.99 vs 1.00.
How much do Helios Flexi Cap and LIC MF Flexi Cap overlap?
By weight, 25.8% of the two portfolios is invested in the same companies; 14 stocks are held by both, the largest shared positions being ICICI Bank Limited, Eternal Limited, Coforge Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Helios Flexi Cap and LIC MF Flexi Cap?
Helios Flexi Cap: large cap 56.0%, mid cap 21.1%, small cap 19.4%. LIC MF Flexi Cap: large cap 40.2%, mid cap 33.0%, small cap 22.5% (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.
More comparisons
Helios 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 6 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.