From Financialexpress · Rounaq Neroy · · 1m 50s
Samir Arora’s Helios vs Utpal Sheth’s TRUST: Flexi Cap Showdown
Two new flexi-cap funds from industry veterans clash in strategy and performance.
In brief
Two new flexi-cap funds from industry veterans clash in strategy and performance. Helios Flexi Cap and TRUST MF Flexi Cap funds use different investment philosophies but both outperform benchmarks over two years. Originally reported by Financialexpress.
Flexi Cap Funds Showdown
Two new flexi-cap funds from asset management veterans Samir Arora and Utpal Sheth launch in India.
Investment Philosophies
Helios uses elimination investing to screen out underperforming stocks; TRUST focuses on terminal value and gorilla businesses.
Helios Flexi Cap Fund
Helios Flexi Cap Fund holds 71 stocks with 34.3% top 10 holdings as of 30 September 2026.
TRUST MF Flexi Cap Fund
TRUST MF Flexi Cap Fund holds 66 stocks with 31.0% top 10 holdings as of 30 September 2026.
Market Cap Allocation
Helios Flexi Cap allocates 57% to large-caps and 21% to mid-caps as of 30 September 2026.
Portfolio Turnover
TRUST MF Flexi Cap has a 276% portfolio turnover ratio, meaning frequent stock changes over 12 months.
Performance Metrics
Helios Flexi Cap achieved 16.8% CAGR over 2 years and 10 months since inception.
TRUST MF Performance
TRUST MF Flexi Cap delivered 9.9% CAGR over 2 years and 5 months since launch.
Sector Exposure
Helios Flexi Cap is overweight in financial services, consumer services, and capital goods; TRUST focuses on consumer discretionary and industrials.
Key Holdings
Both funds hold Eternal, ICICI Bank, and Bajaj Finance, but with different weights and performance.
Risk Management
Helios uses strict negative screening to reduce risk; TRUST takes higher risk with aggressive stock selection.
Investment Horizon
Both funds require at least 5 years for optimal performance and alignment with personal risk profiles.
Conclusion
Helios and TRUST funds offer distinct strategies but both outperform benchmarks over two years.
The big picture
Helios Flexi Cap and TRUST MF Flexi Cap funds use different investment philosophies but both outperform benchmarks over two years.
