Helios Financial Services Fund vs Motilal Oswal BSE Financials ex Bank 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Helios Financial Services Fund is a Sectoral fund and Motilal Oswal BSE Financials ex Bank 30 Index Fund is an Index fund. In the year to 30-10-2026, Helios Financial Services Fund (Direct) returned −9.5% and Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) returned −13.2%. Helios Financial Services Fund charges 1.16% a year and Motilal Oswal BSE Financials ex Bank 30 Index Fund 0.54% (Direct plans). Their portfolios overlap 32.5%: they hold 12 of the same securities.
Helios Financial Services Fund
Sectoral
- 1 year return
- −9.5%
- Expense ratio
- 1.16%
- NAV
- ₹11.00
Motilal Oswal BSE Financials ex Bank 30 Index Fund
Index
- 1 year return
- −13.2%
- Expense ratio
- 0.54%
- NAV
- ₹15.73
Which is better, Helios Financial Services or Motilal Oswal BSE Financials ex Bank 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Helios Financial Services returned more over 1 year: −9.5% against −13.2%.
- Motilal Oswal BSE Financials ex Bank 30 Index costs less: 0.54% a year against 1.16% (Direct plans).
- Helios Financial Services fell less in its worst fall since 25-06-2024: −17.7% against −17.8%.
- Motilal Oswal BSE Financials ex Bank 30 Index holds more in large companies: 65.0% of the fund in large caps against 52.0%.
- Helios Financial Services is the larger fund: ₹196 Cr against ₹30 Cr.
- Their portfolios overlap 32.5%: 12 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 | Helios Financial Services Fund | Motilal Oswal BSE Financials ex Bank 30 Index Fund |
|---|---|---|
| Fund house | Helios Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Sectoral | Index |
| AUM | ₹196 Cr (30-09-2026) | ₹30 Cr (30-09-2026) |
| NAV | ₹11.00 (Direct) | ₹15.73 (Direct) |
| Expense ratio (Direct) | 1.16% | 0.54% |
| Expense ratio (Regular) | 2.68% | 1.12% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | BSE Financials ex Bank 30 TRI |
| Launch date | 24-06-2024 | 29-07-2022 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Alok Bahl, Pratik Singh | Swapnil Mayekar, Abhiroop Mukherjee |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Exit load-1%- If redeemed within 15 days from the date of allotment. |
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: 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 |
|---|---|---|---|---|---|---|---|
| Helios Financial Services Fund (Direct) | −3.34% | −5.90% | −3.42% | −9.47% | -- | -- | -- |
| Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) | −5.12% | −11.92% | −8.09% | −13.20% | +9.69% | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | -- | -- | -- |
Category average: the average of the 20 Sectoral funds, same plan type.
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: Year-wise Returns
| Year | Helios Financial ServicesHelios Financial Services | Motilal Oswal BSE Financials ex Bank 30 IndexMotilal Oswal BSE Financials ex Bank 30 Index |
|---|---|---|
| 2026to date | −10.06% | −14.46% |
| 2025 | +12.51% | +22.64% |
| 2024 | -- | +13.25% |
| 2023 | -- | +32.46% |
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of Helios Financial Services Fund
Rolling returns
Every 1-year holding period, 333 of them, one for each trading day from 25-06-2025 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.
Helios Financial Services Fund (Direct)
Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)
Nifty Financial Services TRI
to
Aug 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Helios Financial Services | 15.3 | 24.0 | 18.0 | 20.7 | 17.1 | 4.8 | 0.0 | 7.9% | 7.7% | −11.0% | 23.6% | 53% |
| Motilal Oswal BSE Financials ex Bank 30 Index | 11.7 | 21.1 | 21.4 | 17.5 | 11.7 | 13.9 | 2.7 | 9.4% | 9.2% | −14.0% | 26.7% | 70% |
| Nifty Financial Services TRI | 26.4 | 18.0 | 6.3 | 17.1 | 22.2 | 9.9 | 0.0 | 8.1% | 9.7% | −10.9% | 24.4% | -- |
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 Financial Services 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 25-06-2024. Past returns do not promise future returns.
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: 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 25-06-2024 to 30-10-2026: 29 instalments, ₹2,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Helios Financial ServicesHelios Financial Services Fund (Direct) | ₹2,90,000 | ₹2,86,303 | −₹3,697 | −1.0% |
| Motilal Oswal BSE Financials ex Bank 30 IndexMotilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) | ₹2,90,000 | ₹2,76,939 | −₹13,061 | −3.7% |
Helios Financial ServicesHelios Financial Services Fund (Direct)
Motilal Oswal BSE Financials ex Bank 30 IndexMotilal Oswal BSE Financials ex Bank 30 Index 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.
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Helios Financial Services Fund (Direct) | Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.47% | −13.20% |
| Standard deviation | 18.96% | 20.90% |
| Sharpe ratio | -0.78 | -0.88 |
| Sortino ratio | -1.08 | -1.19 |
| Maximum drawdown | −17.7% (30-03-2026) | −17.8% (30-03-2026) |
| Beta | 1.03 | 1.00 |
| Alpha | −0.22% | −0.35% |
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 | Helios Financial Services Fund (Direct) | Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.27% | +11.19% |
| Standard deviation | 17.20% | 18.47% |
| Sharpe ratio | -0.15 | 0.27 |
| Sortino ratio | -0.21 | 0.38 |
| Maximum drawdown | −17.7% (30-03-2026) | −17.8% (30-03-2026) |
| Beta | 1.02 | 1.00 |
| Alpha | +0.20% | −0.74% |
From daily NAVs, 25-06-2024 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.
Helios Financial Services Fund (Direct)
Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Helios Financial Services Fund (Direct) | −17.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −11.2% |
| Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) | −17.8% | 06-01-2026 | 30-03-2026 | 06-08-2026 | 4 months | −15.7% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 25-06-2024, 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.
Helios Financial Services Fund (Direct)
Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)
Nifty Financial Services TRI
Against Nifty Financial Services TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Helios Financial Services Fund (Direct) | 104% | 104% | 7.07% |
| Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct) | 119% | 127% | 9.52% |
From month-end values since 25-06-2024. 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.
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Helios Financial Services Fund, September 2026; Motilal Oswal BSE Financials ex Bank 30 Index Fund, September 2026
Holdings in common
- Overlap
- 32.5%
- Held by both
- 12
- Only in Helios Financial Services
- 18
- Only in Motilal Oswal BSE Financials ex Bank 30 Index
- 18
| Security | % of Helios Financial Services | % of Motilal Oswal BSE Financials ex Bank 30 Index |
|---|---|---|
| Bajaj Finance Ltd. | 7.18% | 15.93% |
| One 97 Communications Ltd. | 8.40% | 4.72% |
| Shriram Finance Ltd. | 3.98% | 8.96% |
| Multi Commodity Exchange of India Ltd. | 3.58% | 5.52% |
| Cholamandalam Investment & Finance Co. Ltd. | 3.25% | 4.61% |
| 360 ONE WAM Ltd. | 1.84% | 1.75% |
| Aditya Birla Capital Ltd. | 1.70% | 2.12% |
| Piramal Finance Ltd. | 2.09% | 1.61% |
| HDFC Asset Management Co. Ltd. | 1.43% | 3.02% |
| Nippon Life India Asset Management Ltd. | 1.13% | 1.26% |
| PB Fintech Ltd. | 1.10% | 2.49% |
| Poonawalla Fincorp Ltd. | 1.80% | 1.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.5% means 32.5% 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 Helios Financial Services Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd. | 13.11% |
| HDFC Bank Ltd. | 11.50% |
| State Bank of India | 6.17% |
| SBI funds Management ltd. | 4.58% |
| Motilal Oswal Financial Services Ltd. | 4.30% |
Largest holdings only in Motilal Oswal BSE Financials ex Bank 30 Index Fund
| Security | % of fund |
|---|---|
| Bajaj Finserv Limited | 6.37% |
| SBI Life Insurance Company Limited | 5.01% |
| Jio Financial Services Limited | 4.69% |
| HDFC Life Insurance Company Limited | 3.63% |
| Life Insurance Corporation Of India | 3.60% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Helios Financial Services | Motilal Oswal BSE Financials ex Bank 30 Index |
|---|---|---|
| Equity | 99.8% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.1% |
Market cap of stocks
| Market cap | Helios Financial Services | Motilal Oswal BSE Financials ex Bank 30 Index |
|---|---|---|
| Large Cap | 52.0% | 65.0% |
| Mid Cap | 26.9% | 33.9% |
| Small Cap | 15.7% | 1.0% |
| Not on AMFI's list | 5.3% | 0.0% |
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 | Helios Financial Services | Motilal Oswal BSE Financials ex Bank 30 Index |
|---|---|---|
| Finance | 26.3% | 62.0% |
| Banks | 37.5% | 0.0% |
| Capital Markets | 25.1% | 11.6% |
| Insurance | 0.0% | 19.2% |
| Financial Technology (Fintech) | 11.0% | 7.2% |
The six largest sectors of each fund's stocks, % of the fund.
Helios Financial Services vs Motilal Oswal BSE Financials ex Bank 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Helios Financial Services Fund | Motilal Oswal BSE Financials ex Bank 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.16% | 0.54% |
| Base expense ratio (Direct) | 0.79% | 0.37% |
| Total expense ratio (Regular) | 2.68% | 1.12% |
| Base expense ratio (Regular) | 2.10% | 0.90% |
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 Helios Financial Services with
Helios Financial Services Fund vs Motilal Oswal BSE Financials ex Bank 30 Index Fund: Frequently Asked Questions
What is the difference between Helios Financial Services Fund and Motilal Oswal BSE Financials ex Bank 30 Index Fund?
Helios Financial Services Fund is a Sectoral fund, Motilal Oswal BSE Financials ex Bank 30 Index Fund is an Index fund, run by Helios Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 32.5%. Helios Financial Services Fund charges 1.16% a year and Motilal Oswal BSE Financials ex Bank 30 Index Fund 0.54%.
Which has given higher returns, Helios Financial Services Fund or Motilal Oswal BSE Financials ex Bank 30 Index Fund?
Over 1 year: Helios Financial Services Fund −9.47%, Motilal Oswal BSE Financials ex Bank 30 Index Fund −13.20%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Helios Financial Services Fund or Motilal Oswal BSE Financials ex Bank 30 Index Fund?
Motilal Oswal BSE Financials ex Bank 30 Index Fund charges less: 0.54% a year against 1.16%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Helios Financial Services Fund and Motilal Oswal BSE Financials ex Bank 30 Index Fund overlap?
32.5%. They hold 12 of the same securities, the largest shared ones being BAJFINANCE, PAYTM, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, Helios Financial Services Fund or Motilal Oswal BSE Financials ex Bank 30 Index Fund?
On SEBI's riskometer, Helios Financial Services Fund is rated Very High and Motilal Oswal BSE Financials ex Bank 30 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 18.96% and 20.90% a year.
Can I invest in both Helios Financial Services Fund and Motilal Oswal BSE Financials ex Bank 30 Index Fund?
Yes. 32.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Helios Financial Services Fund and Motilal Oswal BSE Financials ex Bank 30 Index Fund?
Helios Financial Services Fund: Alok Bahl, Pratik Singh. Motilal Oswal BSE Financials ex Bank 30 Index Fund: Swapnil Mayekar, Abhiroop Mukherjee.
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.