This flexi-cap mutual fund has outperformed its category with 24% annualised returns in two years

Helios Flexi Cap Fund, which completed two years recently, has delivered returns far ahead of its category peers, as per Value Research.

According to Value Research’s latest analysis, the fund generated 15.2% returns in its second year, compared with 4.7% for the flexi-cap category average. Over its two-year period, the fund’s direct plan delivered 24.2% annualised returns, outperforming both the category average (14.8%) and the BSE 500 TRI benchmark (17.5%).

Value Research attributes the fund’s outperformance to portfolio positioning.

The research firm notes that Helios Flexi Cap maintains a larger tilt towards mid- and small-cap equities than most flexi-cap competitors. While the average fund in the category allocates around 60% to large caps, Helios keeps that exposure closer to 50