Helios Mutual Fund NFO

By Elite Wealth
/ June 1, 2024
/ NFO, whatsnew

Helios Mutual Fund NFO Scheme Overview :

Asset Allocation: Equity & Equity related instruments of companies engaged in financial services sector#: 80% to 100%; Equity and equity related instruments of companies other than above: 0% to 20%; Debt Securities & Money Market instruments (including Cash & cash equivalents, TREPS): 0% to 20%;

The scheme also has provisions to invest upto 45% of the equity component of the AUM in equity derivatives

#Financial Services Sector companies include:

Banks & Non-Banking Financial Institutions
Stock Broking & Allied Entities, Asset Management Company(s), Depositories, Credit Rating Agencies, Clearing Houses and Other Intermediaries
Financial Technology (Fintech), Exchanges and Data Platforms
Investment Banking Companies
Wealth Management Entities
Distributors of Financial Products
Insurance Companies – General & Life
Microfinance, Housing Finance and payment companies
Companies engaged in the Financial Services sector from Sector list provided by AMFI/SEBI in Industry Classification data or other financial services as identified by Fund Manager, etc.

This above list is only indicative, and the Scheme will explore to invest in new and emerging areas of Financial Services. The Scheme will invest in companies engaged in the Financial Services sector from Sector list provided by AMFI/SEBI / NSE.

Liquidity: Units of the Scheme may be purchased or redeemed on all Business Days at NAV based prices subject to the prevailing load structure

Exit Load:

If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment – Nil
If units redeemed or switched out are over and above the limit within 3 months from the date of allotment – 1% of the applicable NAV
If units are redeemed/switched out after 3 months from the date of allotment – Nil

Face Value: Rs. 10/- per unit

Plans and Options: Direct and Regular Plan, each with Growth and IDCW Option

Minimum Investment Amount (lumpsum): Lumpsum investment: Rs. 5,000 and in multiples of Re. 1 thereafter

Minimum Additional Subscription Amount (lumpsum): Rs 1,000/- per application and in multiples of Re. 1/- thereafter

Minimum Redemption Amount: ‘Any amount’ or ‘any number of units’ as requested by the investor at the time of redemption

Special Facilities Available:

Systematic Investment Plan (SIP)
SIP TOP UP Facility
SIP PAUSE FACILITY
Investment Plan (Micro SIP)
SYSTEMATIC TRANSFER PLAN (STP)
Value STP
SYSTEMATIC WITHDRAWAL PLAN (SWP)

(soruce: heliosmf.in)

Helios Mutual Fund NFO Details :

Mutual Fund	Helios Mutual Fund
Scheme Name	Helios Financial Services Fund
Objective of 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.
Scheme Type	Open Ended
Scheme Category	Equity Scheme – Sectoral/ Thematic
New Fund Launch Date	31-May-2024
New Fund Earliest Closure Date
New Fund Offer Closure Date	14-Jun-2024
Indicate Load Seperately	Entry Load: Not Applicable. Exit Load: (i) If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment – Nil (ii) If units redeemed or switched out are over and above the limit within 3 months from the date of allotment – 1% of the applicable NAV (iii) If redeemed/switched out after 3 months from the date of allotment – Nil
Minimum Subscription Amount	5000 and in multiples of Re. 1 thereafter