Stories
Helios MF Boosts Holdings in New-Age, Precision Engineering Stocks
- •Helios Mutual Fund, managing $1.16 billion, favors businesses with strong structural growth drivers, particularly new-age companies and precision engineering firms.
- •CEO Dinshaw Irani highlights conviction in new-age companies, justifying their exponential valuations with exponential growth potential.
- •The fund is increasing exposure to select auto ancillary companies, viewing them as precision engineering businesses with strong global demand, benefiting from FTAs and China-plus-one strategies.
- •Helios MF has added Sona BLW Precision and is positive on the logistics segment, identifying companies like Delhivery and Shadowfax as beneficiaries of e-commerce and quick-commerce growth.
- •Helios has also increased its position in HDFC Bank, acknowledging challenges but seeing long-term opportunity if operational and structural issues are addressed.
Key Questions Answered
Helios Mutual Fund favors new-age companies due to clear structural growth stories that justify their exponential valuations. Additionally, the fund targets precision engineering firms like auto ancillary companies because of strong global demand, stickiness of customer relationships, and benefits from free trade agreements and China-plus-one strategies.
Helios Mutual Fund is positive on logistics businesses that act as key enablers for new-age companies and benefit from the growth of e-commerce, quick commerce, and rising consumption among younger consumers, specifically pointing to companies like Delhivery and Shadowfax.
Dinshaw Irani stated that HDFC Bank's challenges cannot be solely attributed to a change in leadership and emphasized the need to address operational and structural issues regarding traditional lending businesses, CASA deposits, net interest margins, and fee income.
