Samir Arora-backed Helios Flexi Cap Fund adds nearly 13 lakh shares of HDFC Bank, exits IOC & HPCL

Samir Arora backed Helios Flexi Cap Fund increased its stake in HDFC Bank by adding nearly 13 lakh shares to its portfolio whereas it made complete exit from Hindustan Petroleum Corporation and Indian Oil Corporation, according to the monthly portfolio disclosure by Helios Mutual Fund.

Amid the decline of 17% in the share price of HDFC Bank in March, the flexi cap fund added 12.77 lakh shares of this stock taking the total count to 44.90 lakh in March compared to 32.12 lakh shares in February.

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The flexi cap fund sold 40.03 lakh shares of HPCL and 44.74 lakh shares of IOCL from its portfolio in March.

Apart from HDFC Bank, the fund increased its stake in eight other stocks which includes SBI, RIL, L&T, Bharti Airtel, NTPC, Adani Ports and Special Economic Zone, Eternal, and Tata Motors.

Among these eight stocks, the fund added the maximum number of shares of Eternal as the fund added 12.69 lakh shares of this stock and had 98.89 lakh shares of Eternal. This was followed by addition of 9.37 lakh shares of NTPC and 6.73 lakh shares of Tata Motors.

BSE, Solar Industries India and two other stocks were the new entrants in the portfolio in March. Around 46.96 lakh shares of GMR Airport, 2.08 lakh shares of BSE, 1.04 lakh shares of Sedemac Mechatronics and 50,244 shares of Solar industries India were added to the portfolio.

The fund did not reduce its stake in any stock in the month of March. The exposure in 51 stocks remained unchanged which includes Bajaj Finance, Hero MotoCorp, Kotak Mahindra Bank, ICICI Bank, DLF, Motilal Oswal Financial Services, HDFC AMC, ICICI Prudential AMC, Paytm, Varun Beverages, PNB Housing Finance, Swiggy, Delhivery, ITC Hotels, Physicswallah, ITC Hotels, and Siemens Energy India.

As a percentage of AUM, the fund had the highest holding in HDFC Bank of around 5.72% in March, followed by Reliance Industries (5.24%), ICICI Bank (4.25%), and Adani Ports and Special Economic Zone (4.10%).

On the basis of industry allocation, the fund had the highest allocation in the finance sector of around 17.30%, followed by banks where the allocation was 15.56% in March.

In March, the flexi cap fund had stocks in its portfolio compared to 62 stocks in the month of February. The fund had an AUM of Rs 5,746 crore as of March 31, 2026 compared to Rs 6,211 crore as of February 28, 2026.

Launched on November 13, 2023, the fund has an investment objective to generate long-term capital appreciation by investing predominantly in equity and equity related instruments across market capitalization. The performance of the fund is benchmarked against NIFTY 500 Total Return Index(TRI) and is managed by Alok Bahl and Pratik Singh.

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Since its inception, the fund has delivered a CAGR of 14.83%. In the last one year, the fund gave 10.02% return.

According to ACE MF, the fund gave the best monthly return between June 4,2024 to July 4, 2024 where the fund posted a gain of 13.20% compared to a gain of 12.86% by the benchmark. The fund posted best yearly returns between November 24,2023 to November 27, 2024 as it gave 38.67% compared to 29.80% return by the benchmark.

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