Helios Mid Cap Fund Adds Groww, Adjusts 68 Stocks

THE PIP (TL;DR)

Mid-cap funds are actively managed, and these shifts show where fund managers see value, potentially influencing your portfolio returns.

• Samir Arora’s Helios Mid Cap Fund added five new stocks, including Billionbrains Garage Ventures (Groww), and increased stakes in 30 others like Paytm in June. It also exited five stocks.
• Fund managers like Helios constantly adjust portfolios to capture growth opportunities and manage risk within the mid-cap space, aiming to outperform benchmarks.
• Such active management in mid-cap funds can lead to higher volatility but also potentially higher returns, affecting the performance of your own mid-cap investments.

The Samir Arora-backed Helios Mid Cap Fund made significant portfolio adjustments in June, as reported by The Economic Times. The fund brought in five new companies, notably acquiring 18.10 lakh shares of Billionbrains Garage Ventures, the parent company of Groww, valued at Rs 26.57 crore. It also boosted its holdings in 30 other firms, including an additional 81,157 shares of Paytm, bringing its total to 4.45 lakh shares.

These adjustments reflect the fund’s strategy to actively manage its Rs 1,793 crore Assets Under Management (AUM), which refers to the total market value of all financial assets managed by the fund, across 68 stocks and 23 sectors. While adding new names like Aditya Vision and Page Industries, Helios also completely exited five stocks such as Hero MotoCorp and PB Fintech, and trimmed its stake in Black Box. This dynamic approach aims to position the fund for optimal performance.

For investors with exposure to mid-cap funds, these shifts illustrate the active decision-making that drives returns, potentially affecting your Systematic Investment Plans (SIPs) or overall portfolio. Helios Mid Cap Fund has delivered a Compound Annual Growth Rate (CAGR) of 25.75% since inception, outperforming its benchmark, the Nifty Midcap 150 – TRI, by focusing 55.31% of its portfolio on mid-caps. Understanding these movements helps you gauge the conviction of your fund managers.

The fund’s diverse allocation, including 9.28% in large caps and 34.1% in small caps, alongside its 21.70% concentration in the finance sector, showcases a balanced yet growth-oriented strategy. This blend suggests a continuous search for value across market capitalizations while maintaining a core focus, offering a long-term perspective for those holding similar fund types.

ONE THING TO CONSIDER TODAY

Now might be a good time to review your own mid-cap fund’s latest portfolio disclosure to see if its strategy and holdings align with your investment goals.