# 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.
- Title: Samir Arora’s Helios vs Utpal Sheth’s TRUST: Flexi Cap…
- Summary: 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…
- Keywords: helios flexi cap, trust mf flexi cap, samir arora, utpal sheth, flexi cap funds, mutual fund investment, investment philosophy, market cap allocation, business, money, news, Samir
- Source: Financialexpress — https://financialexpress.com/money/insights/samir-aroras-helios-vs-utpal-sheths-trust-the-flexi-cap-showdown/4357761
- Author: Rounaq Neroy
- Published: 2026-10-09T23:50:00+00:00
- Read time: 1 min
- Topics: helios flexi cap, trust mf flexi cap, samir arora, utpal sheth, flexi cap funds, mutual fund investment, investment philosophy, market cap allocation, business, money, news
## 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.
## Key takeaway

Helios Flexi Cap and TRUST MF Flexi Cap funds use different investment philosophies but both outperform benchmarks over two years.