The Helios Flexi Cap Fund, managed by Alok Bahl and Pratik Singh, has strategically increased its stake in HDFC Bank by adding 12.77 lakh shares, bringing its total to 44.90 lakh shares as of March 2026. This move comes despite a 17% decline in HDFC Bank's share price during March. In contrast, the fund completely exited its positions in Hindustan Petroleum Corporation and Indian Oil Corporation, selling 40.03 lakh shares of HPCL and 44.74 lakh shares of IOCL. The fund also increased its holdings in eight other stocks, notably adding 12.69 lakh shares of Eternal and 9.37 lakh shares of NTPC. As of the end of March, the fund's AUM stood at ₹5,746 crore, down from ₹6,211 crore in February. The fund aims for long-term capital appreciation through diversified equity investments and has delivered a 10.02% return over the past year, with a CAGR of 14.83% since its launch on November 13, 2023.