Axis Nifty 100 Index Fund vs Helios Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty 100 Index Fund is an Index fund and Helios Balanced Advantage Fund is a Balanced Advantage fund. In the year to 30-10-2026, Axis Nifty 100 Index Fund (Direct) returned −8.9% and Helios Balanced Advantage Fund (Direct) returned −2.2%. Axis Nifty 100 Index Fund charges 0.26% a year and Helios Balanced Advantage Fund 1.32% (Direct plans). Their portfolios overlap 37.3%: they hold 35 of the same securities.
Axis Nifty 100 Index Fund
Index
- 1 year return
- −8.9%
- Expense ratio
- 0.26%
- NAV
- ₹21.51
Helios Balanced Advantage Fund
Balanced Advantage
- 1 year return
- −2.2%
- Expense ratio
- 1.32%
- NAV
- ₹11.71
Which is better, Axis Nifty 100 Index 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.
- Helios Balanced Advantage returned more over 1 year: −2.2% against −8.9%.
- Axis Nifty 100 Index costs less: 0.26% a year against 1.32% (Direct plans).
- Helios Balanced Advantage fell less in its worst fall since 28-03-2024: −11.1% against −17.3%.
- Axis Nifty 100 Index holds more in large companies: 98.0% of the fund in large caps against 66.3%.
- Axis Nifty 100 Index is the larger fund: ₹1,989 Cr against ₹265 Cr.
- Their portfolios overlap 37.3%: 35 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 Nifty 100 Index Fund | Helios Balanced Advantage Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Helios Mutual Fund |
| Category | Index | Balanced Advantage |
| AUM | ₹1,989 Cr (30-09-2026) | ₹265 Cr (30-09-2026) |
| NAV | ₹21.51 (Direct) | ₹11.71 (Direct) |
| Expense ratio (Direct) | 0.26% | 1.32% |
| Expense ratio (Regular) | 0.97% | 2.84% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 18-10-2019 | 27-03-2024 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Alok Bahl - FM1, Pratik Singh - FM2, Devesh Kumar Bhatt - FM3 |
| Exit load | Nil | NIL |
Axis Nifty 100 Index 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 Nifty 100 Index Fund (Direct) | +1.02% | −5.36% | −3.09% | −8.92% | +8.79% | +6.97% | -- |
| 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 Nifty 100 Index vs Helios Balanced Advantage: Year-wise Returns
| Year | Axis Nifty 100 IndexAxis Nifty 100 Index | Helios Balanced AdvantageHelios Balanced Advantage |
|---|---|---|
| 2026to date | −9.51% | −2.74% |
| 2025 | +10.02% | +6.55% |
| 2024 | +12.57% | -- |
| 2023 | +20.95% | -- |
| 2022 | +4.79% | -- |
| 2021 | +25.90% | -- |
Axis Nifty 100 Index vs Helios Balanced Advantage: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Axis Nifty 100 Index Fund
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 Nifty 100 Index Fund (Direct)
Helios Balanced Advantage Fund (Direct)
Nifty 100 TRI
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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Nifty 100 Index | 36.5 | 25.7 | 27.0 | 10.3 | 0.5 | 0.0 | 0.0 | 2.8% | 2.2% | −10.7% | 16.2% | 1% |
| 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% | 68% |
| Nifty 100 TRI | 35.8 | 25.4 | 26.2 | 11.8 | 0.8 | 0.0 | 0.0 | 3.0% | 2.4% | −10.5% | 16.4% | -- |
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. The benchmark is Nifty 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 28-03-2024. Past returns do not promise future returns.
Axis Nifty 100 Index 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 Nifty 100 IndexAxis Nifty 100 Index Fund (Direct) | ₹3,20,000 | ₹3,11,841 | −₹8,159 | −1.9% |
| Helios Balanced AdvantageHelios Balanced Advantage Fund (Direct) | ₹3,20,000 | ₹3,32,870 | ₹12,870 | 2.9% |
Axis Nifty 100 IndexAxis Nifty 100 Index 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 Nifty 100 Index 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 Nifty 100 Index Fund (Direct) | Helios Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.92% | −2.17% |
| Standard deviation | 13.88% | 11.28% |
| Sharpe ratio | -1.02 | -0.66 |
| Sortino ratio | -1.36 | -0.88 |
| Maximum drawdown | −14.9% (31-03-2026) | −10.9% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.24% | -- |
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 Nifty 100 Index Fund (Direct) | Helios Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.58% | +5.80% |
| Standard deviation | 17.02% | 10.51% |
| Sharpe ratio | 0.38 | -0.01 |
| Sortino ratio | 0.51 | -0.01 |
| Maximum drawdown | −37.0% (23-03-2020) | −11.1% (28-02-2025) |
| Beta | 0.99 | -- |
| Alpha | −0.21% | -- |
From daily NAVs, 23-10-2019 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 Nifty 100 Index Fund (Direct)
Helios Balanced Advantage Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty 100 Index Fund (Direct) | −17.3% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.4% |
| Helios Balanced Advantage Fund (Direct) | −11.1% | 16-12-2024 | 28-02-2025 | 16-07-2025 | 5 months | −3.9% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
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 Nifty 100 Index Fund (Direct)
Helios Balanced Advantage Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Nifty 100 Index Fund (Direct) | 99% | 100% | 0.04% |
| Helios Balanced Advantage Fund (Direct) | 78% | 59% | 6.57% |
From month-end values since 28-03-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Nifty 100 Index vs Helios Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty 100 Index Fund, September 2026; Helios Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 37.3%
- Held by both
- 35
- Only in Axis Nifty 100 Index
- 65
- Only in Helios Balanced Advantage
- 25
| Security | % of Axis Nifty 100 Index | % of Helios Balanced Advantage |
|---|---|---|
| ICICI Bank Limited | 7.34% | 5.39% |
| HDFC Bank Limited | 8.42% | 2.67% |
| State Bank of India | 3.07% | 2.56% |
| Kotak Mahindra Bank Limited | 2.38% | 6.30% |
| Bajaj Finance Limited | 2.03% | 2.95% |
| Eternal Limited | 1.80% | 3.72% |
| Reliance Industries Limited | 6.15% | 1.51% |
| Axis Bank Limited | 2.73% | 1.50% |
| Bharti Airtel Limited | 4.14% | 1.23% |
| Adani Ports and Special Economic Zone Limited | 1.09% | 4.56% |
| Bharat Electronics Limited | 1.08% | 2.38% |
| Shriram Finance Limited | 1.07% | 2.54% |
| ITC Limited | 1.96% | 1.04% |
| Larsen & Toubro Limited | 3.41% | 1.01% |
| Titan Company Limited | 1.47% | 1.00% |
| Divi's Laboratories Limited | 0.91% | 2.95% |
| Power Grid Corporation of India Limited | 0.91% | 1.03% |
| InterGlobe Aviation Limited | 0.87% | 0.86% |
| Adani Enterprises Limited | 0.76% | 2.53% |
| Apollo Hospitals Enterprise Limited | 0.65% | 1.37% |
| Cipla Limited | 0.59% | 1.02% |
| Torrent Pharmaceuticals Limited | 0.55% | 1.66% |
| Jio Financial Services Limited | 0.55% | 0.60% |
| Cholamandalam Investment and Finance Company Ltd | 0.54% | 0.87% |
| Coal India Limited | 0.79% | 0.51% |
| Tata Steel Limited | 1.18% | 0.50% |
| Tata Motors Passenger Vehicles Limited | 0.46% | 0.89% |
| HDFC Asset Management Company Limited | 0.36% | 1.26% |
| Adani Energy Solutions Limited | 0.33% | 1.04% |
| Punjab National Bank | 0.30% | 2.46% |
| ABB India Limited | 0.28% | 1.33% |
| Vodafone Idea Limited | 0.28% | 1.64% |
| Hindustan Unilever Limited | 1.29% | 0.23% |
| Siemens Energy India Limited | 0.22% | 1.34% |
| Ambuja Cements Limited | 0.18% | 0.36% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.3% means 37.3% 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 Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| Infosys Limited | 2.72% |
| Mahindra & Mahindra Limited | 2.04% |
| Tata Consultancy Services Limited | 1.62% |
| Sun Pharmaceutical Industries Limited | 1.49% |
| Maruti Suzuki India Limited | 1.21% |
Largest holdings only in Helios Balanced Advantage Fund
| Security | % of fund |
|---|---|
| One 97 Communications Ltd. | 4.86% |
| Embassy Office Parks Reit | 2.34% |
| 7.06% CGL 2028 | 1.97% |
| 7.10% CGL 2034 | 1.95% |
| 364 DAY T-BILL 19.11.26 | 1.87% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty 100 Index | Helios Balanced Advantage |
|---|---|---|
| Equity | 100.0% | 88.5% |
| Debt | 0.0% | 7.6% |
| Cash and others | -0.0% | 3.9% |
Market cap of stocks
| Market cap | Axis Nifty 100 Index | Helios Balanced Advantage |
|---|---|---|
| Large Cap | 98.0% | 66.3% |
| Mid Cap | 2.0% | 13.5% |
| Small Cap | 0.0% | 6.3% |
| Not on AMFI's list | 0.0% | 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 Nifty 100 Index | Helios Balanced Advantage |
|---|---|---|
| Banks | 25.1% | 20.9% |
| Finance | 6.2% | 9.0% |
| Capital Markets | 1.3% | 8.0% |
| Petroleum Products | 7.0% | 1.5% |
| IT - Software | 6.7% | 1.4% |
| Automobiles | 6.4% | 1.4% |
| Pharmaceuticals & Biotechnology | 4.3% | 5.6% |
| Financial Technology (Fintech) | 0.0% | 4.9% |
| Transport Infrastructure | 1.1% | 4.6% |
| Telecom - Services | 4.4% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty 100 Index vs Helios Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty 100 Index Fund | Helios Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.26% | 1.32% |
| Base expense ratio (Direct) | 0.18% | 0.80% |
| Total expense ratio (Regular) | 0.97% | 2.84% |
| Base expense ratio (Regular) | 0.79% | 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.
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Axis Nifty 100 Index Fund vs Helios Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Axis Nifty 100 Index Fund and Helios Balanced Advantage Fund?
Axis Nifty 100 Index Fund is an Index fund, Helios Balanced Advantage Fund is a Balanced Advantage fund, run by Axis Mutual Fund and Helios Mutual Fund. Their portfolios overlap 37.3%. Axis Nifty 100 Index Fund charges 0.26% a year and Helios Balanced Advantage Fund 1.32%.
Which has given higher returns, Axis Nifty 100 Index Fund or Helios Balanced Advantage Fund?
Over 1 year: Axis Nifty 100 Index Fund −8.92%, 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 Nifty 100 Index Fund or Helios Balanced Advantage Fund?
Axis Nifty 100 Index Fund charges less: 0.26% a year against 1.32%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty 100 Index Fund and Helios Balanced Advantage Fund overlap?
37.3%. They hold 35 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty 100 Index Fund or Helios Balanced Advantage Fund?
On SEBI's riskometer, Axis Nifty 100 Index Fund is rated Very High and Helios Balanced Advantage Fund Very High. Over 1 years, the standard deviation of daily returns was 13.88% and 11.28% a year.
Can I invest in both Axis Nifty 100 Index Fund and Helios Balanced Advantage Fund?
Yes. 37.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Nifty 100 Index Fund and Helios Balanced Advantage Fund?
Axis Nifty 100 Index Fund: Nandik Malik, Rohit Gautam. 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.