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Helios Financial Services Fund - NFO: Opening Date & NAV
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Table of Contents
- Helios Financial Services Fund - NFO Overview
- Fund Overview
- The Objective of the Fund
- Peers of Helios Financial Services Fund - NFO
- Risk Factors in Such Funds
- Past Performance of Equity, Sectoral / Thematic Funds
- Helios Financial Services Fund NFO - Who can invest
- Helios Financial Services Fund NFO - Growth Fund Managers
- Conclusion
Do you want to invest in the financial sector? If so, the Helios Financial Services Fund is the best option for you. The scheme invests in the financial sector for long-term profits. Despite the considerable risk, it is critical to invest only after thoroughly researching the fund. In this blog, we go over all of the data regarding the fund so you can make an informed investing decision.
Helios Financial Services Fund - NFO Overview
The Helios Financial Services Fund is a suitable for investors wishing to invest in equity and equity-related securities to earn strong long-term returns. This fund seeks to invest in a variety of financial service industries, including investment banking companies, banks and non-banking financial institutions, wealth management firms, and others.
Starting on May 31, 2024, and concluding on June 14, 2024, the fund will invest in stock and equity-related instruments of the financial sector, debt securities, and money market instruments.
Fund Overview
The Helios Financial Services Fund -NFO holds an AUM totalling Rs.1,523.04 crores. This fund has a stamp duty of 0.005% (From July 1st 2020). The minimum investment required is Rs 1000.
Start Date |
31 May 2024 |
End Date |
14 June 2024 |
VRO rating |
- |
Expense Ratio |
NA |
Exit load |
For units over 10% of the investment,1% will be charged for redemption within 3 months of allotment. |
AUM (Fund size) |
Rs. 1,523.04 Cr. |
Lock-in |
No Lockin |
Stamp Duty |
0.005% (From July 1st 2020) |
Benchmark Index (1st Tier) |
NIFTY Financial Services Total Return Index (TRI) |
Min. investment |
Rs. 1000 |
Risk |
Very High |
Short-term capital gains (STCG) |
Returns taxed at 15% if you redeem before 1 year |
Long-term capital gains (STCG) |
After 1 year, pay a LTCG tax of 10% on returns of ₹1 lakh+ in a financial year |
The Objective of the Fund
The scheme's investment aim is to achieve long-term capital appreciation from a portfolio primarily invested in equity and equity-related instruments of financial services companies.
Asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows
Types of Instruments |
Minimum Allocation (% of Net Assets) |
Maximum Allocation (% of Net Assets) |
Risk Profile |
Equity & Equity related instrument of companies engaged in financial services sector |
100 |
80 |
Very High |
Equity and equity-related instruments of companies other than above |
20 |
0 |
Very High |
Debt Securities and Money Market Instruments |
20 |
0 |
Low to Medium |
Peers of Helios Financial Services Fund - NFO
Equity, Sectoral / Thematic Funds |
6M Return |
1Y Return |
AUM (Cr) |
HDFC Banking and Financial Services Fund |
13.17% |
27.62% |
6,57,412.86 |
ICICI Pru Banking and Fin Services |
10.71% |
20.40% |
7,33,779.84 |
Nippon India Banking and Financial Services Fund |
12.10% |
27.44% |
4,70,359.79 |
SBI Banking and Fin Service |
21.90% |
34.58% |
9,71,637.57 |
Risk Factors in Such Funds
-
The securities in which the Scheme invests are subject to price fluctuations daily.
-
Markets are volatile and can decline significantly in response to negative news, and political, regulatory, market, or economic developments.
-
The Scheme will invest at least 80% of its net assets in equity and equity-related instruments issued by enterprises in the financial services sector.
-
Investment in the plan carries the risk of non-diversification of the portfolio because the investment universe is mostly limited to Financial Services Sector securities.
-
With all equity investments, there is a risk that companies in that specific sector/theme will fail to meet their profit expectations.
Past Performance of Equity, Sectoral / Thematic Funds
Equity, Sectoral / Thematic Funds |
NAV (Rs) |
Annualized Return |
Return/Risk |
HDFC Banking and Financial Services Fund |
15.80 |
52.3% |
Performing Poorly |
ICICI Pru Banking and Fin Services |
125.85 |
15.9% |
Performing Poorly |
Nippon India Banking and Financial Services Fund |
585.76 |
14.6% |
Performing Poorly |
SBI Banking and Fin Service |
39.90 |
16.1% |
Annualized returns higher than category avarage |
Helios Financial Services Fund NFO - Who can invest
This fund is ideal for individuals who are willing to accept a higher level of risk over the long term. The fund invests in equity and equity-related instruments of companies engaged in the financial services sector, as well as debt securities and money market instruments.
Helios Financial Services Fund NFO - Growth Fund Managers
-
Mr. Alok Bahl
-
Mr. Pratik Singh
Conclusion
The Helios Financial Services Fund seeks to generate long-term returns for investors by investing in equity and equity-related securities of financial services firms. Because of this, the fund has minimal diversification and volatility. Investors should consider their risk tolerance and investment objectives before investing in the scheme.
Disclaimer: This NFO Analysis is only for informational purposes and should not be considered as investment advice. Always do your research and consult with a financial advisor.
Frequently Asked Questions
The starting date of Helios Financial Services Fund – NFO is 31 May 2024.
The end date of Helios Financial Services Fund – NFO is 14 June 2024.
The fund managers of Helios Financial Services Fund – NFO are Mr. Alok Bahl and Mr. Pratik Singh
The minimum investment for Helios Financial Services Fund – NFO is Rs. 1000.
Yes, you can either invest in SIP or lump sum in Helios Financial Services Fund – NFO.