Helios Financial Services Fund Review – Helios Financial Services Fund Direct NFO Open on 31 May 2024 and Close on 14 June 2024. Helios Financial Services Fund Direct NFO Allotment Date is 24 June 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5000. The Minimum SIP Investment Amount is ₹1000.
Type of the Scheme
An open-ended equity scheme investing in financial services Sector.
Scheme Benchmark : NIFTY Financial Services Total Return Index (TRI).
Helios Financial Services Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 31.53 |
| ICICI Bank Ltd. | 21.55 |
| Axis Bank Ltd. | 9.03 |
| State Bank of India | 8.72 |
| Kotak Mahindra Bank | 6.77 |
| Bajaj Finance Ltd. | 5.11 |
| Bajaj Finserv Ltd. | 2.27 |
| Power Finance Corportion Ltd. | 1.96 |
| REC Ltd. | 1.82 |
| Shriram Finance Ltd. | 1.79 |
Helios Financial Services Fund Nfo Important Date
| Scheme Offer | Helios Financial Services Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended equity scheme investing in financial services Sector. |
| Open Date | 31 May 2024 |
| Allotment Date | 24 June 2024 |
| Close Date | 14 June 2024 |
| Category | Sectoral Fund |
| Min Inv ₹ | 5000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | NIFTY Financial Services Total Return Index (TRI) |
Helios Financial Services Fund Nfo Other Details
| Exit Load | 10% |
|---|---|
| Exit Load Details | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 5000 |
| Min. SIP | Rs. 1000 |
Helios Financial Services Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max | Risk Profile |
|---|---|---|---|
| Equity & Equity related instrument of companies engaged in financial services sector | 80 | 100 | Very High |
| Equity and equity related instruments of companies other than above | 0 | 20 | Very High |
| Debt Securities and Money Market Instruments | 0 | 20 | Low to Medium |
Investment Objective of the Scheme ?
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.\
Helios Financial Services Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 3.47 | 1.07 | 11.69 | 10.01 | 16.26 |
| Total Return | 4.06 | 1.71 | 12.74 | 10.84 | 17.55 |
Helios Financial Services Fund Manager Details
- Fund Manger : Mr. Alok Bahl
- Qualification : Undergraduate degree in Commerce from Punjab University, Chandigarh, Post Graduate Diploma in Financial Managemenfrom K.C. College of Management Post Graduate Certificate in Business Management from XLRI Jamshedpur.
- Experience : Mr. Alok has been associated with Helios Group since 2005. Prior to joining Helios Capital Asset Management (India) Private Limited in April 2023 as CIO, he was a senior member of the investments team at Helios Capital Management Pte. Ltd., Singapore for 18 years. Prior to joining Helios Group, Alok worked in India with various sell side firms in sales for over 14 years.
- Fund Manger : Mr. Pratik Singh
- Qualification : MBA in Finance from Welingkar Institute, Mumbai BE (Mechanical) from University of Pune.
- Experience : Prior to joining Helios Capital Asset Management (India) Private Limited, Pratik was associated with Motilal Oswal institutional equity research team, tracking the capital goods and consumer durables sector. He has been a part of institutional research team on the sell side for the last 5 years and has worked in an auto ancillary for 3 years prior to his MBA.
HOW WILL THE SCHEME ALLOCATE ITS ASSETS?
- Debt derivative instruments.
- Commodity derivatives.
- Securitized debt instruments.
- Instruments with special features as defined under Para 12.2 (on Investment in Instruments having Special Features) of the Master Circular, including Additional Tier I bonds and Tier 2 bonds issued under Basel III framework.
- Repo / Reverse Repo in corporate debt securities.
- Securities with Credit Enhancement / Structured Obligations.
- Credit default swaps.
- Interest rate swaps.
- Interest rate futures.
- Advance any loans.
- Foreign debt securities including foreign securitized debt.
- Unlisted equity shares and equity related instruments other than unlisted but ‘to be listed’ equity and equity related instruments.
- Unlisted debt instruments including commercial papers, other than (a) unlisted but ‘to be listed’ debt instruments including commercial papers (a) unlisted non-convertible debentures (NCDs) not exceeding 10% of the debt portfolio of the Scheme, (b) unlisted government securities, and (c) unlisted money market instruments (other than unlisted commercial papers).
- Units issued by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (INVITs).
- Foreign securities/Overseas securities.
Fund Manager Manages the Scheme?
- Mr. Alok Bahl
- Mr. Pratik Singh
Helios Financial Services Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
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Helios Financial Services Fund Form Download
