| Launch date | 31 May 2024 |
| Allotment date | 24 Jun 2024 |
| End date | 14 Jun 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.84%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Alok BahlMay 2024 - PresentView details
Pratik Singh May 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | -- |
|---|---|
| Total AUM | ₹9,707.52Cr |
| Date of Incorporation | 21 May 2021 |
|---|
Helios Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by Helios Mutual Fund. This scheme was made available to investors on 21 May 2021. Alok Bahl is the Current Fund Manager of Helios Financial Services Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,708 Cr and the Latest NAV as of 31 Mar 2026 is ₹10.20. The Helios Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. ;
Investment Objective
The scheme seeks 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. ;
| Fund benchmark | NIFTY Financial Services Total Return Index |
|---|