Business
Samir Arora-backed Helios Mid Cap Fund adds Groww, 4 other stocks; hikes stake Paytm
The new additions were Billionbrains Garage Ventures, Aditya Vision, Page Industries, Hindustan Petroleum Corporation and Bharat Heavy Electricals. Among them, the fund bought 18.10 lakh shares of Billionbrains Garage Ventures, valued at Rs 26.57 crore.
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It added 7.80 lakh shares of Hindustan Petroleum Corporation, 3.99 lakh shares of Bharat Heavy Electricals, 1.89 lakh shares of Aditya Vision and 7,128 shares of Page Industries in the portfolio in June.
The fund added 81,157 shares of Paytm in the portfolio and had 4.45 lakh shares in June portfolio compared to 3.64 lakh shares in July portfolio. The fund added 6.28 lakh shares of NBCC (India) taking the total number of shares to 24.62 lakh in June.
The fund added nearly 4.74 lakh shares of PhysicsWallah, taking its total holding to 24.90 lakh shares in June. It also bought 3.80 lakh shares of GMR Airports, 2.12 lakh shares of IDFC First Bank and 1.93 lakh shares of Honasa Consumer.
Among the other 25 stocks where the fund increased its portfolio were some names such as Glaxosmithkline Pharmaceuticals, Piramal Finance, Apar Industries, Gokaldas Export, Motilal Oswal Financial Services, Sunadaram Finance, BSE, MCX, Dixon Technologies (India), Aditya Birla Capital, CarTrade Tech, Delhivery, Vishal Mega Mart, Endurance Technologies and K.P.R. Mill.A complete exit was made from five stocks — Hero MotoCorp, Escorts Kubota, ICICI Lombard General Insurance Company, PB Fintech, and Jain Resource Recycling. Further, 4.01 lakh shares of Jain Resource Recycling and 1.55 lakh shares of PB Fintech were sold from the portfolio.
The fund sold 95,792 shares of Escorts Kubota, 42,721 shares of ICICI Lombard General Insurance Company and 29,057 shares of Hero MotoCorp from its portfolio.
The fund trimmed its exposure to Black Box by selling 45,361 shares, taking its holding down to 2.37 lakh shares in June.
Its holdings remained unchanged in 32 stocks, including ITC Hotels, Swiggy, Ather Energy, Hitachi Energy India, PNB Housing Finance, Lemon Tree Hotels, CAMS, Nippon Life India AMC, Bharti Hexacom, Edelweiss Financial Services and Radico Khaitan.
In June, the fund had 68 stocks compared to the same number of stocks in the previous month. The portfolio of the fund was spread across 23 sectors, with the highest allocation in finance of around 21.70%.
Also Read | Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globally
The fund had an AUM of Rs 1,793 crore. Since its inception, it delivered a CAGR of 25.75%. In the last one year, the fund delivered a 11.92% return against 5.04% by the benchmark.
Helios Mid Cap Fund’s performance is benchmarked against Nifty Midcap 150 – TRI. The fund holds 9.28% in large caps, 55.31% in mid caps, 34.1% in small caps and 1.31% in others.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business
China smartphone makers turn to agentic AI as device sales slow

China smartphone makers turn to agentic AI as device sales slow
Business
Weekly Commentary: Sloppy
Weekly Commentary: Sloppy
Business
Axis Greater China Equity FoF among 8 equity mutual funds that saw over Rs 220 crore outflow in June
Eight equity mutual funds, including Axis Greater China Equity FoF, Motilal Oswal Nasdaq 100 FOF and ICICI Pru Technology Fund, witnessed outflows exceeding Rs 220 crore in June
Business
A Pause And Some Jitters
A Pause And Some Jitters
Business
Calls for guidance to help Jersey families claim back childcare costs
More guidance for parents claiming back money from the government’s childcare funding scheme is needed, the head of the Jersey Child Care Trust (JCCT) has said.
In February, the government said parents of a child eligible from January to August 2026 could apply for up to £4,180, and parents of children eligible for a full school year from the 1 September 2026 would be able to apply for up to £6,270.
But some families have had problems claiming money back from the States after being told they had provided ‘invalid receipts’ for childcare.
JCCT CEO Fiona Vacher said as it was a pilot scheme, it was likely problems would be discovered.
She said: “We understand that there have been some cases through our contacts with parents and I think that’s around parents submitting bills rather than receipts.
“We knew there would be difficulties and I know the government is just responding to that.”
Vacher said the government could provide “a bit more information for parents about how they and what they submit”.
Deputy Catherine Curtis, the Minister for Education and Lifelong Learning, said 537 applications had been approved for 409 families with £1.4m paid out since the scheme began.
She added that no formal complaints had been recorded but that feedback was “being reviewed to enable continuous improvement”.
Business
Bitcoin trapped in $62.5K-$65.5K range: Live levels

Bitcoin trapped in $62.5K-$65.5K range: Live levels
Business
ACCO Brands Stock: The Pros Outweigh The Cons (NYSE:ACCO)
Welcome to my author’s site. As an avid follower of SeekingAlpha, I take great interest in articles posted as the subject matter is often something that appeals to me. However, I will sometimes encounter an article that I might not agree with. My purpose is to present an alternative view to readers that they may want to take into account. I hope you find my articles interesting and informative.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ACCO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Popular garlic powder recalled over bacteria concerns
FOX Business anchors discuss products they believe are widely overpriced. Answers include bottled water, Dyson hair dryers, luxury handbags, and McDonald’s value meals, sparking a lively debate about quality versus cost among the panel.
A popular garlic powder sold at Dollarama stores across Canada is being recalled due to potential microbial contamination, health officials announced this week.
The Canadian Food Inspection Agency (CFIA) issued the recall Wednesday for Heavenly Spices garlic powder sold at Dollarama stores nationwide.
The product is being recalled because it may be contaminated with Bacillus cereus, a bacterium that can cause nausea, vomiting, abdominal cramps and watery diarrhea, according to the U.S. Food and Drug Administration.
“Do not use, sell, serve or distribute the affected product,” the CFIA said in its recall notice.
TAYLOR FARMS PREPARING RECALL, DENIES BRANDED SALADS TIED TO OUTBREAK

The Canadian Food Inspection Agency recalled Heavenly Spices garlic powder sold at Dollarama stores nationwide due to potential bacterial contamination. (Andrej Ivanov/Bloomberg via Getty Images / Getty Images)
The agency classified the recall as a Class 2 event, meaning there is a moderate risk that consuming the product could cause short-term or non-life-threatening health effects.
A Dollarama spokesperson told CTVNews.ca on Friday that customers who purchased the product should throw it away.
“Customers can also contact Dollarama Customer Service directly for a $2.00 e-gift card as a replacement,” the spokesperson said.
The recalled garlic powder was sold in 70-gram containers in stores and online.
GENERAL MILLS PULLS MORE THAN 735,000 PILLSBURY ROLLS FROM SHELVES OVER POSSIBLE GLASS CONTAMINATION

The Canadian Food Inspection Agency recalled Heavenly Spices garlic powder sold at Dollarama stores over concerns it may be contaminated with Bacillus cereus. (iStock)
According to the FDA, symptoms of Bacillus cereus infection typically last between 24 and 48 hours. The bacterium is commonly found in meat, stews, gravies, vanilla sauce, and cooked rice that has been improperly refrigerated or left at room temperature.
The garlic powder is the latest food product to be pulled from store shelves.
Earlier this week, the FDA announced that General Mills was recalling more than 735,000 packages of Pillsbury bread products over concerns they may contain glass.
CLICK HERE TO GET FOX BUSINESS ON THE GO

Heavenly Spices garlic powder is being recalled after Canadian health officials warned the product may be contaminated with Bacillus cereus, a bacterium that can cause foodborne illness.
Bloomberg News also reported that fresh produce supplier Taylor Farms is preparing a recall tied to ingredients linked to a multistate Cyclospora outbreak, though the company has said its branded salad products are not associated with the illnesses.
Business
Zeta Global Stock: One Of A Small Number Of AI Stocks Actually Delivering (NYSE:ZETA)
Investing wisely does not have to be rocket science. It is about discipline and running the numbers. You don’t have to be like a grandmaster chess player playing the game twenty moves ahead of your opponent, you just need to understand how the pieces work.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Sphere Entertainment: Too Many Unanswered Questions
Sphere Entertainment: Too Many Unanswered Questions
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