myplexus

NFO Monitor

Fund Fact

Name of Funds:

Helios Balanced Advantage

Opening:

11th March 2024

Closing:

20th March 2024

Minimum Investment:

Rs 1,000/- per application and in multiples of Re. 1/- thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units in excess of 10% are redeemed/switched out within 3 months from the date of allotment

Fund Stats

Objective:

The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.

Benchmark:

BSE 500

Fund Manager:

Alok Bahl, Pratik Singh, Utssav Modi

Asset Allocation

0- 100% Equity 0- 100% Money Market

0- 100% Debt Nil Others

Comparable existing schemes

Kotak Balanced Advantage Fund	7.02(6M)	19.12(1Y)
ICICI Prudential Balanced Advantage Fund	9.17(6M)	21.81(1Y)

Fund Prognosis

Idea Distiller

The focus of the fund is to be a middle of everything kind of a participant. And to be a fixed deposit competitor.

Fund House AAUM:
Rs 39219.87 Lakhs(as on 31st December, 2023)
Fund Manager:
Combined experience of above 32 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Very strong pedigree and a very visible promoter. Is this the other version of Alliance MF of old?

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity of ARN: 14th May 2025 to 23rd May 2028