| 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: 0.80%
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) | NA |
|---|---|
| Total AUM | ₹2,056.26Cr |
| Date of Incorporation | 21 May 2021 |
|---|
Helios Financial Services Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Helios Mutual Fund. This scheme was made available to investors on 21 May 2021. The fund currently has an Asset Under Management(AUM) of ₹2,056 Cr and the Latest NAV as of 24 Jun 2024 is ₹10.00. The Helios Financial Services Fund Direct - Growth - NFO 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. ;
| Fund benchmark | NIFTY Financial Services Total Return Index |
|---|