Axis Balanced Advantage Fund vs Helios Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Balanced Advantage Fund and Helios Balanced Advantage Fund are both Balanced Advantage funds. In the year to 30-10-2026, Axis Balanced Advantage Fund (Direct) returned −1.4% and Helios Balanced Advantage Fund (Direct) returned −2.2%. Axis Balanced Advantage Fund charges 1.00% a year and Helios Balanced Advantage Fund 1.32% (Direct plans). Their portfolios overlap 31.5%: they hold 30 of the same securities.
Axis Balanced Advantage Fund
Balanced Advantage
- 1 year return
- −1.4%
- Expense ratio
- 1.00%
- NAV
- ₹23.69
Helios Balanced Advantage Fund
Balanced Advantage
- 1 year return
- −2.2%
- Expense ratio
- 1.32%
- NAV
- ₹11.71
Which is better, Axis Balanced Advantage or Helios Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Balanced Advantage returned more over 1 year: −1.4% against −2.2%.
- Axis Balanced Advantage costs less: 1.00% a year against 1.32% (Direct plans).
- Axis Balanced Advantage fell less in its worst fall since 28-03-2024: −7.8% against −11.1%.
- Axis Balanced Advantage is the larger fund: ₹3,651 Cr against ₹265 Cr.
- Their portfolios overlap 31.5%: 30 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Balanced Advantage Fund | Helios Balanced Advantage Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Helios Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹3,651 Cr (30-09-2026) | ₹265 Cr (30-09-2026) |
| NAV | ₹23.69 (Direct) | ₹11.71 (Direct) |
| Expense ratio (Direct) | 1.00% | 1.32% |
| Expense ratio (Regular) | 2.18% | 2.84% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 01-08-2017 | 27-03-2024 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Jayesh Sundar, Devang Shah, Hardik Shah | Alok Bahl - FM1, Pratik Singh - FM2, Devesh Kumar Bhatt - FM3 |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | NIL |
Axis Balanced Advantage vs Helios Balanced Advantage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | +0.59% | −2.63% | +0.25% | −1.41% | +11.50% | +9.11% | -- |
| Helios Balanced Advantage Fund (Direct) | +0.26% | −0.85% | +0.60% | −2.17% | -- | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | -- | -- | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Axis Balanced Advantage vs Helios Balanced Advantage: Year-wise Returns
| Year | AxisAxis Balanced Advantage | HeliosHelios Balanced Advantage |
|---|---|---|
| 2026to date | −2.35% | −2.74% |
| 2025 | +8.16% | +6.55% |
| 2024 | +18.99% | -- |
| 2023 | +21.46% | -- |
| 2022 | +0.91% | -- |
| 2021 | +17.23% | -- |
Axis Balanced Advantage vs Helios Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 397 of them, one for each trading day from 28-03-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Balanced Advantage Fund (Direct)
Helios Balanced Advantage Fund (Direct)
to
May 2025Aug 2024
to
Aug 2025Nov 2024
to
Nov 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Balanced Advantage | 2.3 | 39.0 | 42.3 | 12.8 | 3.5 | 0.0 | 0.0 | 6.3% | 5.9% | −2.8% | 16.6% |
| Helios Balanced Advantage | 4.8 | 44.4 | 45.2 | 5.6 | 0.0 | 0.0 | 0.0 | 5.2% | 5.1% | −4.0% | 14.8% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 28-03-2024. Past returns do not promise future returns.
Axis Balanced Advantage vs Helios Balanced Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-03-2024 to 30-10-2026: 32 instalments, ₹3,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct) | ₹3,20,000 | ₹3,34,132 | ₹14,132 | 3.2% |
| Helios Balanced AdvantageHelios Balanced Advantage Fund (Direct) | ₹3,20,000 | ₹3,32,870 | ₹12,870 | 2.9% |
Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct)
Helios Balanced AdvantageHelios Balanced Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Balanced Advantage vs Helios Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Balanced Advantage Fund (Direct) | Helios Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.41% | −2.17% |
| Standard deviation | 8.19% | 11.28% |
| Sharpe ratio | -0.81 | -0.66 |
| Sortino ratio | -1.10 | -0.88 |
| Maximum drawdown | −7.8% (30-03-2026) | −10.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Balanced Advantage Fund (Direct) | Helios Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.71% | +5.80% |
| Standard deviation | 8.12% | 10.51% |
| Sharpe ratio | 0.54 | -0.01 |
| Sortino ratio | 0.73 | -0.01 |
| Maximum drawdown | −17.2% (23-03-2020) | −11.1% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-08-2017 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Balanced Advantage Fund (Direct)
Helios Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | −7.8% | 02-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −3.9% |
| Helios Balanced Advantage Fund (Direct) | −11.1% | 16-12-2024 | 28-02-2025 | 16-07-2025 | 5 months | −3.9% |
From daily values since 28-03-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Balanced Advantage Fund (Direct)
Helios Balanced Advantage Fund (Direct)
Axis Balanced Advantage vs Helios Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Balanced Advantage Fund, September 2026; Helios Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 31.5%
- Held by both
- 30
- Only in Axis Balanced Advantage
- 121
- Only in Helios Balanced Advantage
- 30
| Security | % of Axis Balanced Advantage | % of Helios Balanced Advantage |
|---|---|---|
| ICICI Bank Limited | 5.81% | 5.39% |
| HDFC Bank Limited | 5.65% | 2.67% |
| State Bank of India | 3.26% | 2.56% |
| Kotak Mahindra Bank Limited | 2.39% | 6.30% |
| Reliance Industries Limited | 4.43% | 1.51% |
| Eternal Limited | 1.51% | 3.72% |
| Axis Bank Limited | 1.53% | 1.50% |
| Apollo Hospitals Enterprise Limited | 1.83% | 1.37% |
| Bharti Airtel Limited | 2.38% | 1.23% |
| Bajaj Finance Limited | 1.17% | 2.95% |
| Larsen & Toubro Limited | 2.20% | 1.01% |
| Embassy Office Parks REIT | 0.96% | 2.34% |
| The Phoenix Mills Limited | 0.96% | 1.42% |
| Shriram Finance Limited | 0.91% | 2.54% |
| InterGlobe Aviation Limited | 0.99% | 0.86% |
| PNB Housing Finance Limited | 0.71% | 1.64% |
| ITC Limited | 0.70% | 1.04% |
| Titan Company Limited | 0.62% | 1.00% |
| Cholamandalam Investment and Finance Company Ltd | 0.57% | 0.87% |
| Tata Steel Limited | 0.57% | 0.50% |
| Divi's Laboratories Limited | 0.42% | 2.95% |
| Coforge Limited | 0.32% | 1.43% |
| Torrent Pharmaceuticals Limited | 0.32% | 1.66% |
| Bharat Electronics Limited | 0.28% | 2.38% |
| Cipla Limited | 0.25% | 1.02% |
| Multi Commodity Exchange of India Limited | 0.24% | 1.38% |
| Hindustan Unilever Limited | 0.62% | 0.23% |
| Fortis Healthcare Limited | 0.18% | 1.21% |
| 7.1% Government of India (08/04/2034) | 0.14% | 1.95% |
| Tata Motors Passenger Vehicles Limited | 0.06% | 0.89% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.5% means 31.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Infosys Limited | 2.20% |
| Mahindra & Mahindra Limited | 2.01% |
| Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN) | 1.78% |
| NTPC Limited | 1.56% |
| 7.61% Government of India (09/05/2030) | 1.40% |
Largest holdings only in Helios Balanced Advantage Fund
| Security | % of fund |
|---|---|
| One 97 Communications Ltd. | 4.86% |
| Adani Ports and Special Economic Zone Ltd. | 4.56% |
| Adani Enterprises Ltd. | 2.53% |
| Punjab National Bank | 2.46% |
| 7.06% CGL 2028 | 1.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Balanced Advantage | Helios Balanced Advantage |
|---|---|---|
| Equity | 72.9% | 88.5% |
| Debt | 22.8% | 7.6% |
| Cash and others | 4.3% | 3.9% |
Market cap of stocks
| Market cap | Axis Balanced Advantage | Helios Balanced Advantage |
|---|---|---|
| Large Cap | 58.2% | 66.3% |
| Mid Cap | 9.1% | 13.5% |
| Small Cap | 5.3% | 6.3% |
| Not on AMFI's list | 0.3% | 2.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Balanced Advantage | Helios Balanced Advantage |
|---|---|---|
| Banks | 19.3% | 20.9% |
| Finance | 4.3% | 9.0% |
| Capital Markets | 0.6% | 8.0% |
| Pharmaceuticals & Biotechnology | 3.1% | 5.6% |
| Financial Technology (Fintech) | 0.0% | 4.9% |
| Petroleum Products | 4.8% | 1.5% |
| Transport Infrastructure | 0.0% | 4.6% |
| Automobiles | 4.2% | 1.4% |
| IT - Software | 3.6% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Balanced Advantage vs Helios Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Balanced Advantage Fund | Helios Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 1.32% |
| Base expense ratio (Direct) | 0.66% | 0.80% |
| Total expense ratio (Regular) | 2.18% | 2.84% |
| Base expense ratio (Regular) | 1.64% | 2.09% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Balanced Advantage with
Axis Balanced Advantage Fund vs Helios Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Axis Balanced Advantage Fund and Helios Balanced Advantage Fund?
Both are Balanced Advantage funds, run by Axis Mutual Fund and Helios Mutual Fund. Their portfolios overlap 31.5%. Axis Balanced Advantage Fund charges 1.00% a year and Helios Balanced Advantage Fund 1.32%.
Which has given higher returns, Axis Balanced Advantage Fund or Helios Balanced Advantage Fund?
Over 1 year: Axis Balanced Advantage Fund −1.41%, Helios Balanced Advantage Fund −2.17%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Balanced Advantage Fund or Helios Balanced Advantage Fund?
Axis Balanced Advantage Fund charges less: 1.00% a year against 1.32%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Balanced Advantage Fund and Helios Balanced Advantage Fund overlap?
31.5%. They hold 30 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Axis Balanced Advantage Fund or Helios Balanced Advantage Fund?
On SEBI's riskometer, Axis Balanced Advantage Fund is rated Very High and Helios Balanced Advantage Fund Very High. Over 1 years, the standard deviation of daily returns was 8.19% and 11.28% a year.
Can I invest in both Axis Balanced Advantage Fund and Helios Balanced Advantage Fund?
Yes. 31.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Balanced Advantage Fund and Helios Balanced Advantage Fund?
Axis Balanced Advantage Fund: Jayesh Sundar, Devang Shah, Hardik Shah. Helios Balanced Advantage Fund: Alok Bahl - FM1, Pratik Singh - FM2, Devesh Kumar Bhatt - FM3.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.