March 12, 2024
mayank
Helios Balanced Advantage Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Helios Balanced Advantage Fund Open Date, Close Date?
NFO opens on March 11, 2024
NFO will close on March 20, 2024
What is the Investment Strategy?
The scheme seeks 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 instru ments and derivatives.
Basic Details
| Fund House | Helios Mutual Fund |
| Issue Open | 11 March 2024 |
| Issue Close | 20 March 2024 |
| Type | Open-ended |
| Category | Hybrid: Dynamic Asset Allocation |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 3 months |
| Riskometer | Very High |
| Benchmark | CRISIL Hybrid 50+50 Moderate TRI |
What is the Benchmark Index?
CRISIL Hybrid 50+50 – Moderate Index seeks to track the performance of a hybrid portfolio having a blend of S&P BSE 200 (50%) and CRISIL Composite Bond Fund Index (50%).
Features:
The index seeks to capture returns on a balanced portfolio which includes both equity and debt.
1) Base date for the Index: March 31, 2002
2) Index portfolio marked-to-market on a daily basis
3) Derived index from the following sub-indices:
– S&P BSE 200 (50%)
– CRISIL Composite Bond Fund Index (50%)
– Total return index:
| Index | TRI/PRI |
| S&P BSE 200 | Price return PRI from Inception to 31 July 2006 |
| S&P BSE 200 | TRI 1st Aug 2006 onwards |
| CRISIL Composite Bond Fund Index | TRI since inception |
Key Characteristics
(1) Rich history: CRISIL Hybrid 50+50 – Moderate Index has an inception date of March 31, 2002. Thus, the index has been in existence for over a decade witnessing multiple interest rate cycles and has stood the test of time.
(2) Liquidity: The index seeks to capture the movement in a portfolio of most liquid debt instruments by using appropriate market representation.
(3) Replicability: The index constituents are valued on a daily basis. This lends the index a realistic approach by having the valuations close to market levels.
Performance Review of the Fund Manager of Helios Balanced Advantage Fund?
1) Alok Bahl
Education: NIL
Experience: NIL
Past Performance of his Schemes
| Fund | Helios Overnight Fund | It’s Benchmark | Helios Flexi Cap Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
2) Pratik Singh
Education: Mr. Singh has done B.E and MBA in Finance
Experience: Prior to joining Helios Mutual Fund, he has worked with Motilal Oswal Institutional Equities, Haitong Securities India, Nirmal Bang Institutional Equities and Minda Valeo Security Systems Pvt Ltd.
Past Performance of his Schemes
3) Utsav Modi
Education: NIL
Experience: NIL
Past Performance of his Schemes
Which Company Owns Helios Balanced Advantage Fund?
Helios Capital Asset Management (India) Pvt. Ltd.
Address: 502 B, 5th Floor, The Capital, Plot C70, Bandra Kurla Complex, Bandra East, Mumbai – 400051
Website: https://www.heliosmf.in/
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Helios Balanced Advantage Fund NFO?
Guidance for Helios Balanced Advantage Fund by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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