<p>Samir Arora 的旗舰 Helios Flexi Cap Fund 在 2026 年 4 月增加了对消费、银行和基础设施相关公司的投资，同时减少了对部分重量级金融和能源股票的持股，具体情况见该计划最新的月度投资组合披露。</p>
<p>截至 4 月底，Adani Ports 取代 HDFC Bank 成为该基金最大的持股，占资产管理规模的 4.39%，市值为 29,722 万印度卢比。HDFC Bank 由于在本月减少了持股，滑落至第二位，占比 4.35%。Eternal 以 3.86% 的比例位列第三，随后是 ICICI Bank 的 3.78% 和 Reliance Industries 的 3.76%。</p>
<p>该基金在现金及现金等价物（通过 TREPS 和反向回购工具持有）的配置，从 3 月的 1.42% 降至 4 月的 0.95%，反映出本月对股票的缓慢但持续的部署。</p>
<p><strong>新增持股</strong></p>
<p>本月该基金仅在两只股票上建立了新头寸——Axis Bank 和 Titan Company。</p>
<p><strong>Axis Bank</strong></p>
<p>该基金增持了约 4.93 万股该股票，价值 6,244 万印度卢比，占资产管理规模的 0.92%。此次增持是在这家私人银行报告了 2026 财年第四季度强劲的贷款增长后进行的，主要得益于批发和中小企业领域，同时保持了稳定的资产质量。包括 IDBI Capital 和 JM Financial 在内的多家券商在收益更新后对该股票维持了买入评级。</p>
<p>Titan Company</p>
<p>本月增持了约 1.74 万股消费类股票。该持股价值 7,611 万印度卢比，占 4 月底投资组合的 1.13%。此次增持是在强劲的季度前更新后进行的，合并收入在 3 月季度同比增长约 46%，主要由珠宝业务推动。国内珠宝收入增长 46%，得益于在经历了三个季度的停滞后，买家增长回暖，强劲的婚礼季节以及更高的黄金价格，各类形式的同比增长约为 48%。Antique Stock Broking 维持了 5,149 万印度卢比的买入目标，而 UBS 则维持了 5,300 万印度卢比的买入目标，均指出买家增长的回归是中期展望的一个关键积极因素。</p>
<p><strong>卖出股票</strong></p>
<p>在卖出方面，该基金在 4 月减少了近 6.78 万股 HDFC Bank 的持股。尽管减少，HDFC Bank 仍然是投资组合中最大的持股之一，持有 38.1 万股，市值为 29,416 万印度卢比。</p>
<p>本月对 Reliance Industries 的持股减少了约 4.63 万股。该基金持有 17.8 万股，价值 25,430 万印度卢比，占资产管理规模的 3.76%。</p>
<p>该计划还减少了对 Ather Energy 的持股，减少了约 3 万股。该持股为 11.1 万股，市值为 10,391 万印度卢比，占资产管理规模的 1.54%。</p>
<p><strong>退出股票</strong></p>
<p>该基金在 2026 年 4 月没有完全退出任何股票。</p>

TITN

<p>Helios Flexi Cap Fund，由 Samir Arora 管理，在 2026 年 4 月增加了对 Axis Bank 和 Titan Company 的投资，同时减少了对 HDFC Bank 和 Reliance Industries 的持股。Axis Bank 强劲的贷款增长和 Titan 在珠宝行业令人瞩目的收入增长促成了这些增持。该基金的现金配置减少，表明向股票的转移。尽管减少了股份，HDFC Bank 仍然是一个重要的持股。该月没有对任何股票进行完全退出</p>

<p>Samir Arora's flagship Helios Flexi Cap Fund increased exposure to consumption, banking and infrastructure-linked names in April 2026, while trimming stake in select heavyweight financial and energy stocks, according to the scheme's latest monthly portfolio disclosure.</p>
<div class="lb-trans"><p>Samir Arora 的旗舰 Helios Flexi Cap Fund 在 2026 年 4 月增加了对消费、银行和基础设施相关公司的投资，同时减少了对部分重量级金融和能源股票的持股，具体情况见该计划最新的月度投资组合披露。</p>
</div><p>Adani Ports displaced HDFC Bank as the largest holding in the fund at the end of April, accounting for 4.39 percent of 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.</p>
<div class="lb-trans"><p>截至 4 月底，Adani Ports 取代 HDFC Bank 成为该基金最大的持股，占资产管理规模的 4.39%，市值为 29,722 万印度卢比。HDFC Bank 由于在本月减少了持股，滑落至第二位，占比 4.35%。Eternal 以 3.86% 的比例位列第三，随后是 ICICI Bank 的 3.78% 和 Reliance Industries 的 3.76%。</p>
</div><p>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.</p>
<div class="lb-trans"><p>该基金在现金及现金等价物（通过 TREPS 和反向回购工具持有）的配置，从 3 月的 1.42% 降至 4 月的 0.95%，反映出本月对股票的缓慢但持续的部署。</p>
</div><p><strong>New Additions</strong></p>
<div class="lb-trans"><p><strong>新增持股</strong></p>
</div><p>The fund initiated fresh positions in only two stocks this month - Axis Bank and Titan Company.</p>
<div class="lb-trans"><p>本月该基金仅在两只股票上建立了新头寸——Axis Bank 和 Titan Company。</p>
</div><p><strong>Axis Bank</strong></p>
<div class="lb-trans"><p><strong>Axis Bank</strong></p>
</div><p>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 comes as the private lender reported strong loan growth in Q4FY26 driven by wholesale and SME segments, while maintaining stable asset quality. Brokerages including IDBI Capital and JM Financial maintained a Buy rating on the stock after the earnings update.</p>
<div class="lb-trans"><p>该基金增持了约 4.93 万股该股票，价值 6,244 万印度卢比，占资产管理规模的 0.92%。此次增持是在这家私人银行报告了 2026 财年第四季度强劲的贷款增长后进行的，主要得益于批发和中小企业领域，同时保持了稳定的资产质量。包括 IDBI Capital 和 JM Financial 在内的多家券商在收益更新后对该股票维持了买入评级。</p>
</div><p>Titan Company</p>
<div class="lb-trans"><p>Titan Company</p>
</div><p>Around 1.74 lakh shares of the consumption play were added during the month. The holding was valued at Rs 7,611 lakh and represented 1.13 percent of the portfolio at the end of April. The addition 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. Domestic jewellery revenue grew 46 percent, aided by high single-digit buyer growth after three quarters of stagnation, a strong wedding season and higher gold prices, with like-for-like growth across formats at around 48 percent. Antique Stock Broking maintained a Buy with a target of Rs 5,149, while UBS retained its Buy with a target of Rs 5,300, both flagging the return of buyer growth as a key positive for the medium-term outlook.</p>
<div class="lb-trans"><p>本月增持了约 1.74 万股消费类股票。该持股价值 7,611 万印度卢比，占 4 月底投资组合的 1.13%。此次增持是在强劲的季度前更新后进行的，合并收入在 3 月季度同比增长约 46%，主要由珠宝业务推动。国内珠宝收入增长 46%，得益于在经历了三个季度的停滞后，买家增长回暖，强劲的婚礼季节以及更高的黄金价格，各类形式的同比增长约为 48%。Antique Stock Broking 维持了 5,149 万印度卢比的买入目标，而 UBS 则维持了 5,300 万印度卢比的买入目标，均指出买家增长的回归是中期展望的一个关键积极因素。</p>
</div><p><strong>Stocks Sold</strong></p>
<div class="lb-trans"><p><strong>卖出股票</strong></p>
</div><p>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.</p>
<div class="lb-trans"><p>在卖出方面，该基金在 4 月减少了近 6.78 万股 HDFC Bank 的持股。尽管减少，HDFC Bank 仍然是投资组合中最大的持股之一，持有 38.1 万股，市值为 29,416 万印度卢比。</p>
</div><p>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.</p>
<div class="lb-trans"><p>本月对 Reliance Industries 的持股减少了约 4.63 万股。该基金持有 17.8 万股，价值 25,430 万印度卢比，占资产管理规模的 3.76%。</p>
</div><p>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.</p>
<div class="lb-trans"><p>该计划还减少了对 Ather Energy 的持股，减少了约 3 万股。该持股为 11.1 万股，市值为 10,391 万印度卢比，占资产管理规模的 1.54%。</p>
</div><p><strong>Stocks Exited</strong></p>
<div class="lb-trans"><p><strong>退出股票</strong></p>
</div><p>The fund did not completely exit any stock during April 2026.</p>
<div class="lb-trans"><p>该基金在 2026 年 4 月没有完全退出任何股票。</p>
</div>

Helios Flexi Cap 增持了 Axis Bank 和 Titan 的股份，并增加了在 GMR Airports、BSE 和 Tata Motors 的持股比例