Helios Mid Cap Fund vs Helios Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Helios Mid Cap Fund is a Mid Cap fund and Helios Small Cap Fund is a Small Cap fund. Helios Mid Cap Fund charges 0.94% a year and Helios Small Cap Fund 0.89% (Direct plans). Their portfolios overlap 48.6%: they hold 54 of the same securities.
Which is better, Helios Mid Cap or Helios Small Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Helios Small Cap costs less: 0.89% a year against 0.94% (Direct plans).
- Helios Mid Cap fell less in its worst fall since 28-11-2025: −16.4% against −16.9%.
- Helios Mid Cap is the larger fund: ₹2,348 Cr against ₹1,885 Cr.
- Their portfolios overlap 48.6%: 54 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 Mid Cap Fund | Helios Small Cap Fund |
|---|---|---|
| Fund house | Helios Mutual Fund | Helios Mutual Fund |
| Category | Mid Cap | Small Cap |
| AUM | ₹2,348 Cr (30-09-2026) | ₹1,885 Cr (30-09-2026) |
| NAV | ₹13.20 (Direct) | ₹10.87 (Direct) |
| Expense ratio (Direct) | 0.94% | 0.89% |
| Expense ratio (Regular) | 2.37% | 2.40% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | Nifty Smallcap 250 TRI |
| Launch date | 13-03-2025 | 27-11-2025 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Alok Bahl, Pratik Singh | Alok Bahl, Pratik Singh |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Exit load of 1%, if redeemed within 3 months. |
Helios Mid Cap vs Helios Small Cap: 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 Mid Cap Fund (Direct) | −3.86% | −3.65% | +4.60% | +0.92% | -- | -- | -- |
| Helios Small Cap Fund (Direct) | −5.23% | −1.18% | +10.36% | -- | -- | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | -- | -- | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | -- | -- | -- | -- |
Category average: the average of the 34 Mid Cap funds and the 36 Small Cap funds, same plan type.
Helios Mid Cap vs Helios Small Cap: Year-wise Returns
| Year | MidHelios Mid Cap | SmallHelios Small Cap |
|---|---|---|
| 2026to date | +2.56% | +10.58% |
Helios Mid Cap vs Helios Small Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of Helios Mid Cap Fund
Helios Mid Cap vs Helios Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Helios Mid Cap Fund (Direct) | Helios Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +18.25% | +9.02% |
| Standard deviation | 16.24% | 18.12% |
| Sharpe ratio | 0.79 | 0.21 |
| Sortino ratio | 1.12 | 0.29 |
| Maximum drawdown | −16.7% (23-03-2026) | −16.9% (23-03-2026) |
| Beta | 0.95 | 0.94 |
| Alpha | +7.83% | +7.96% |
From daily NAVs, 17-03-2025 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.
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 Mid Cap Fund (Direct)
Helios Small Cap Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Helios Mid Cap Fund (Direct) | −16.4% | 01-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.5% |
| Helios Small Cap Fund (Direct) | −16.9% | 01-12-2025 | 23-03-2026 | 06-05-2026 | 44 days | −8.0% |
| Nifty Midcap 150 TRI | −13.9% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.5% |
From daily values since 28-11-2025, the first day every fund has.
Helios Mid Cap vs Helios Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Helios Mid Cap Fund, September 2026; Helios Small Cap Fund, September 2026
Holdings in common
- Overlap
- 48.6%
- Held by both
- 54
- Only in Helios Mid Cap
- 21
- Only in Helios Small Cap
- 42
| Security | % of Helios Mid Cap | % of Helios Small Cap |
|---|---|---|
| Multi Commodity Exchange of India Ltd. | 1.94% | 1.91% |
| Swiggy Ltd. | 1.67% | 1.65% |
| Ather Energy Ltd. | 1.65% | 1.77% |
| CarTrade Tech Ltd. | 1.63% | 1.72% |
| One 97 Communications Ltd. | 3.45% | 1.46% |
| Syrma SGS Technology Ltd. | 1.46% | 1.51% |
| The Phoenix Mills Ltd. | 2.58% | 1.44% |
| Schaeffler India Ltd. | 1.91% | 1.43% |
| Page Industries Ltd. | 1.80% | 1.34% |
| Lalithaa Jewellery Mart Ltd. | 1.25% | 1.54% |
| Glaxosmithkline Pharmaceuticals Ltd. | 1.99% | 1.21% |
| Apar Industries Ltd. | 2.75% | 1.20% |
| Acutaas Chemicals Ltd. | 1.36% | 1.19% |
| Piramal Pharma Ltd. | 1.14% | 1.46% |
| Pine Labs Ltd. | 1.13% | 1.32% |
| Motilal Oswal Financial Services Ltd. | 2.20% | 1.07% |
| Billionbrains Garage Ventures Ltd. | 1.14% | 1.06% |
| Data Patterns (India) Ltd. | 1.06% | 1.54% |
| Gokaldas Exports Ltd. | 1.06% | 1.16% |
| Edelweiss Financial Services Ltd. | 1.05% | 1.59% |
| Torrent Pharmaceuticals Ltd. | 1.17% | 1.04% |
| GMR Airports Ltd. | 1.78% | 1.03% |
| Rentomojo Ltd. | 0.98% | 1.46% |
| K.P.R. Mill Ltd. | 1.57% | 0.95% |
| Delhivery Ltd. | 0.91% | 1.24% |
| ASK Automotive Ltd. | 0.84% | 1.48% |
| SAREGAMA India Ltd. | 0.84% | 1.49% |
| NBCC (India) Ltd. | 0.82% | 0.82% |
| City Union Bank Ltd. | 0.77% | 1.15% |
| Concord Biotech Ltd. | 0.79% | 0.76% |
| GE Vernova T&D India Ltd. | 1.42% | 0.74% |
| Physicswallah Ltd. | 1.31% | 0.72% |
| PNB Housing Finance Ltd. | 0.72% | 0.97% |
| Poonawalla Fincorp Ltd. | 1.21% | 0.71% |
| Honasa Consumer Ltd. | 0.70% | 1.46% |
| V2 Retail Ltd. | 0.68% | 0.72% |
| Netweb Technologies India Ltd. | 0.68% | 1.20% |
| 360 ONE WAM Ltd. | 1.97% | 0.67% |
| Rainbow Children's Medicare Ltd. | 0.63% | 0.83% |
| PB Fintech Ltd. | 1.06% | 0.62% |
| IDFC First Bank Ltd. | 1.52% | 0.61% |
| Dr. Lal Path labs Ltd. | 0.61% | 1.49% |
| Indegene Ltd. | 0.60% | 0.90% |
| Sedemac Mechatronics Ltd. | 0.58% | 1.14% |
| Park Medi World Ltd. | 0.57% | 0.85% |
| Computer Age Management Services Ltd. | 0.55% | 0.76% |
| Leela Palaces Hotels & Resorts Ltd. | 0.49% | 1.17% |
| AceVector Ltd. | 0.48% | 0.47% |
| Tips Music Ltd. | 0.44% | 1.57% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.44% | 0.59% |
| Bharti Hexacom Ltd. | 1.28% | 0.34% |
| Ethos Ltd. | 0.30% | 0.39% |
| Fortis Healthcare Ltd. | 1.96% | 0.20% |
| Travel Food Services Ltd. | 0.20% | 0.58% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.6% means 48.6% 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 Mid Cap Fund
| Security | % of fund |
|---|---|
| Coforge Ltd. | 2.68% |
| Sona Blw Precision Forgings Ltd. | 2.38% |
| Piramal Finance Ltd. | 2.19% |
| Nippon Life India Asset Management Ltd. | 2.13% |
| Aditya Birla Capital Ltd. | 2.13% |
Largest holdings only in Helios Small Cap Fund
| Security | % of fund |
|---|---|
| Shadowfax Technologies Ltd. | 2.22% |
| Redington Ltd. | 1.64% |
| Carborundum Universal Ltd. | 1.55% |
| TD Power Systems Ltd. | 1.45% |
| Amagi Media Labs Ltd. | 1.39% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Helios Mid Cap | Helios Small Cap |
|---|---|---|
| Equity | 97.9% | 98.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.1% | 2.0% |
Market cap of stocks
| Market cap | Helios Mid Cap | Helios Small Cap |
|---|---|---|
| Large Cap | 3.1% | 2.1% |
| Mid Cap | 64.0% | 17.6% |
| Small Cap | 28.1% | 70.7% |
| Not on AMFI's list | 2.7% | 7.6% |
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 Mid Cap | Helios Small Cap |
|---|---|---|
| Auto Components | 11.0% | 10.7% |
| Capital Markets | 9.9% | 7.7% |
| Finance | 8.8% | 3.7% |
| Pharmaceuticals & Biotechnology | 6.5% | 7.5% |
| Healthcare Services | 4.4% | 6.8% |
| Electrical Equipment | 6.0% | 4.7% |
| Financial Technology (Fintech) | 5.6% | 3.4% |
| Commercial Services & Supplies | 1.0% | 4.8% |
| Transport Services | 0.9% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Helios Mid Cap vs Helios Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Helios Mid Cap Fund | Helios Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.94% | 0.89% |
| Base expense ratio (Direct) | 0.49% | 0.47% |
| Total expense ratio (Regular) | 2.37% | 2.40% |
| Base expense ratio (Regular) | 1.72% | 1.77% |
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 Mid Cap with
Helios Mid Cap Fund vs Helios Small Cap Fund: Frequently Asked Questions
What is the difference between Helios Mid Cap Fund and Helios Small Cap Fund?
Helios Mid Cap Fund is a Mid Cap fund, Helios Small Cap Fund is a Small Cap fund, run by Helios Mutual Fund. Their portfolios overlap 48.6%. Helios Mid Cap Fund charges 0.94% a year and Helios Small Cap Fund 0.89%.
Which has the lower expense ratio, Helios Mid Cap Fund or Helios Small Cap Fund?
Helios Small Cap Fund charges less: 0.89% a year against 0.94%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Helios Mid Cap Fund and Helios Small Cap Fund overlap?
48.6%. They hold 54 of the same securities, the largest shared ones being MCX, SWIGGY, ATHERENERG. From each fund's latest monthly portfolio.
Which is riskier, Helios Mid Cap Fund or Helios Small Cap Fund?
On SEBI's riskometer, Helios Mid Cap Fund is rated Very High and Helios Small Cap Fund Very High. Over their common history, the standard deviation of daily returns was 16.24% and 18.12% a year.
Can I invest in both Helios Mid Cap Fund and Helios Small Cap Fund?
Yes. 48.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Helios Mid Cap Fund and Helios Small Cap Fund?
Helios Mid Cap Fund: Alok Bahl, Pratik Singh. Helios Small Cap Fund: Alok Bahl, Pratik Singh.
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.