Helios Flexi Cap Fund: Portfolio unveiled

The wait is over! The NFO of the debut fund of Samir Arora-led Helios Mutual Fund, Helios Flexi Cap Fund , is done and dusted, and now the fund's first portfolio is out for everyone to slice and dice. For the uninitiated, a fund's portfolio is the collection of investments made by the fund across asset classes in varying proportions. An overview of the portfolio As of November 30, 2023, the fund effectively manages assets totalling Rs 624 crore. Impressively, the entire NFO collection has been deployed within a mere 12 trading days with 95.6 per cent invested in equity. Helios Flexi Cap Fund is the 31st largest flexi-cap fund within a category of 38 funds. It stays true to its name as a flexi-cap fund and boasts a slightly more aggressive allocation across market caps than its peers. Diversification philosophy While devout followers of Buffett may perceive diversification as a defensive strategy, Samir Arora, the man behind Helios Capital, holds a different perspective. He deems concentration undesirable and advocates for an ideal portfolio of 30-40 stocks. This philosophy resonates in Helios Flexi Cap Fund's portfolio, which is more diversified than an average flexi-cap fund but comprises fewer stocks. Number of stocks Minimum 26 Helios Flexi Cap 47 Category average 56 Maximum 107 Note: Minimun, maximum and category average based on portfolio disclosure