Helios Flexi Cap Fund vs Mirae Asset Flexi Cap Fund
Helios Flexi Cap Fund and Mirae Asset Flexi Cap Fund are both Flexi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +14.24%, 5-year CAGR — vs —, volatility 16.31% vs 14.42%, maximum drawdown −18.23% vs −16.11%. Their portfolios overlap by 33.3% (23 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 | Mirae Asset Flexi Cap | |
|---|---|---|
| Fund house | Helios Mutual Fund | Mirae Asset Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹16.5100 | ₹17.5250 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 15 Nov 2023 | 27 Feb 2023 |
| Track record | 3.0 yrs | 3.7 yrs |
| Fund size (AUM) | ₹8,784 Cr | ₹4,369 Cr |
| Securities held | 71 | 87 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| 1 month | +5.56% | +5.73% |
| 3 months | +1.98% | +2.00% |
| 6 months | +6.58% | +4.73% |
| 1 year | +6.11% | +4.18% |
| 3 years (CAGR) | — | +14.24% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +17.49% | +16.42% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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 | Mirae Asset Flexi Cap | |
|---|---|---|
| 2026 (year to date) | +6.04% | +1.82% |
| 2025 | +7.60% | +10.44% |
| 2024 | +29.89% | +19.05% |
Risk
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.31% | 14.42% |
| Downside volatility ⓘ | 10.85% | 9.90% |
| Sharpe ratio ⓘ | 0.67 | 0.54 |
| Sortino ratio ⓘ | 1.01 | 0.78 |
| Maximum drawdown ⓘ | −18.23% | −16.11% |
| Recovery from that fall | 5 months | 3 months |
| Current fall from peak | 0.00% | 0.00% |
| Rolling 1-year return: worst | −5.66% | −4.85% |
| Rolling 1-year return: median | +8.61% | +10.45% |
| Rolling 1-year return: best | +39.78% | +39.31% |
| Share of 1-year periods with a loss | 2.66% | 4.07% |
Against each fund's benchmark
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| Beta ⓘ | 0.99 | 0.91 |
| Alpha (Jensen's, annualised) ⓘ | +6.00% | +2.29% |
| R² ⓘ | 88.73 | 97.55 |
| Upside capture | 117.90% | 98.33% |
| Downside capture | 89.64% | 84.65% |
| Tracking error | 5.44% | 2.67% |
| Information ratio | 1.19 | 0.85 |
| Treynor ratio | 7.96 | 6.57 |
Portfolio
Asset mix
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| Equity | 98.45% | 99.73% |
| Cash & equivalents | 1.55% | 0.32% |
Market-cap split (share of fund assets)
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| Large Cap | 56.03% | 60.99% |
| Mid Cap | 21.06% | 19.19% |
| Small Cap | 19.39% | 14.51% |
| Unclassified | 1.97% | 4.97% |
Concentration
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| Top 10 holdings | 34.34% | 28.52% |
| Effective number of stocks ⓘ | 48.2 | 56.3 |
| Securities held | 71 | 87 |
Portfolio overlap: 33.3%
23 companies are held by both funds; by weight, 33.3% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Helios Flexi Cap | Mirae Asset Flexi Cap |
|---|---|---|
| HDFC Bank Limited | 4.31% | 5.37% |
| ICICI Bank Limited | 4.12% | 5.38% |
| State Bank of India | 2.78% | 2.44% |
| Larsen & Toubro Limited | 1.97% | 1.95% |
| Reliance Industries Limited | 1.95% | 3.79% |
| The Phoenix Mills Limited | 1.56% | 1.62% |
| Multi Commodity Exchange of India Limited | 1.51% | 1.68% |
| ICICI Prudential Asset Management Company Limited | 1.48% | 1.48% |
| Adani Ports and Special Economic Zone Limited | 3.92% | 1.46% |
| Bharti Airtel Limited | 1.38% | 2.09% |
| Eternal Limited | 4.34% | 1.15% |
| Bajaj Finance Limited | 2.80% | 1.10% |
| Cummins India Limited | 1.59% | 1.01% |
| Billionbrains Garage Ventures Ltd | 1.00% | 1.03% |
| K.P.R. Mill Limited | 0.94% | 0.99% |
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%
Mirae Asset Flexi Cap
- ICICI Bank Limited5.38%
- HDFC Bank Limited5.37%
- Reliance Industries Limited3.79%
- State Bank of India2.44%
- Axis Bank Limited2.29%
- Bharti Airtel Limited2.09%
- Larsen & Toubro Limited1.95%
- Mahindra & Mahindra Limited1.81%
- Lenskart Solutions Limited1.72%
- Multi Commodity Exchange of India Limited1.68%
Sector exposure
| Helios Flexi Cap | Mirae Asset Flexi Cap | |
|---|---|---|
| Banks | 14.23% | 16.20% |
| Finance | 8.67% | 5.35% |
| Capital Markets | 8.42% | 7.43% |
| Retailing | 7.33% | 3.85% |
| Pharmaceuticals & Biotechnology | 2.73% | 7.05% |
| Transport Infrastructure | 4.98% | 1.46% |
| Financial Technology (Fintech) | 4.80% | 0.00% |
| Petroleum Products | 1.95% | 4.50% |
| Consumer Durables | 3.07% | 4.32% |
| IT - Software | 2.72% | 4.07% |
| Automobiles | 2.19% | 3.91% |
| Telecom - Services | 1.38% | 3.70% |
| Construction | 2.87% | 3.46% |
| Insurance | 0.00% | 3.41% |
Questions people ask
What is the difference between Helios Flexi Cap and Mirae Asset Flexi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.11% vs +4.18%; 3-year CAGR — vs +14.24%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Helios Flexi Cap and Mirae Asset Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) 16.31% vs 14.42%; Sharpe ratio 0.67 vs 0.54; Sortino ratio 1.01 vs 0.78; maximum drawdown −18.23% vs −16.11%; beta 0.99 vs 0.91.
How much do Helios Flexi Cap and Mirae Asset Flexi Cap overlap?
By weight, 33.3% of the two portfolios is invested in the same companies; 23 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, State Bank of India. 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 Mirae Asset Flexi Cap?
Helios Flexi Cap: large cap 56.0%, mid cap 21.1%, small cap 19.4%. Mirae Asset Flexi Cap: large cap 61.0%, mid cap 19.2%, small cap 14.5% (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
All Flexi Cap comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
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.