Helios Flexi Cap Fund: Axis Bank and Titan Added, Stake Raised in GMR Airports, BSE, and Tata Motors

Helios Flexi Cap Fund Portfolio Update for April 2026

Samir Arora's flagship Helios Flexi Cap Fund made significant changes to its portfolio in April 2026, as revealed in the latest monthly portfolio disclosure. The fund increased its exposure to consumption, banking, and infrastructure-linked names during the month, while trimming its stake in select heavyweight financial and energy stocks.

The fund's largest holding at the end of April was Adani Ports, accounting for 4.39 percent of its Assets Under Management (AUM) with a market value of Rs 29,722 lakh. HDFC Bank slipped to second position at 4.35 percent following a reduction in its shareholding during the month. Eternal held third position at 3.86 percent, followed by ICICI Bank at 3.78 percent and Reliance Industries at 3.76 percent.

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The fund's allocation to cash and cash equivalents, held via TREPS and reverse repo instruments, declined from 1.42 percent of AUM in March to 0.95 percent in April, reflecting slow but continued deployment into equities during the month.

The fund initiated fresh positions in only two stocks this month - Axis Bank and Titan Company. The addition of Axis Bank came as the private lender reported strong loan growth in Q4FY26 driven by wholesale and SME segments, while maintaining stable asset quality. The fund added around 4.93 lakh shares of the stock valued at Rs 6,244 lakh and accounting for 0.92 percent of AUM.

The addition of Titan Company follows a strong pre-quarter update where consolidated revenue grew around 46 percent year-on-year in the March quarter, led by the jewellery business. The holding was valued at Rs 7,611 lakh and represented 1.13 percent of the portfolio at the end of April.

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On the selling side, the fund reduced its holding in HDFC Bank by nearly 6.78 lakh shares during April. Despite the reduction, HDFC Bank remained among the largest holdings in the portfolio with 38.1 lakh shares valued at Rs 29,416 lakh. Exposure to Reliance Industries was cut by around 4.63 lakh shares during the month. The fund held 17.8 lakh shares worth Rs 25,430 lakh, representing 3.76 percent of AUM. The scheme also pared its stake in Ather Energy by around 3 lakh shares. The holding stood at 11.1 lakh shares with a market value of Rs 10,391 lakh, accounting for 1.54 percent of AUM.

The fund did not completely exit any stock during April 2026.