myplexus

NFO Monitor

Fund Fact

Name of Funds:

Helios Financial Services

Opening:

31st May 2024

Closing:

14th June 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 are redeemed/switched out in excess of 10% of the units purchased within 3 months from the date of allotment

Fund Stats

Objective:

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.

Benchmark:

NIFTY Financial Services

Fund Manager:

Alok Bahl, Pratik Singh

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt Nil Others

Comparable existing schemes

UTI Banking and Financial Services Fund	8.00(6M)	23.13(1Y)
Mirae Asset Banking and Financial Services Fund	7.97(6M	23.96(1Y)

Fund Prognosis

Idea Distiller

The financial services is a very large segment and and even larger one from the active traded category. So perhaps is the growth potential and thereby the fund.

Fund House AAUM:
Rs 104278.78 Lakhs(as on 31st March, 2024)
Fund Manager:
Combined experience of above 32 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Not really oomphy as a product but the promoter's name makes it very attractive to some of the early movers into MF.

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