May 29, 2024
mayank
Helios Financial Services 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
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Helios Financial Services Fund Open Date, Close Date?
NFO opens on May 31, 2024
NFO will close on June 14, 2024
What is the Investment Strategy?
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.
Basic Details
| Fund House | Helios Mutual Fund |
| Issue Open | 31 May 2024 |
| Issue Close | 14 June 2024 |
| Type | Open-ended |
| Category | Equity: Sectoral-Banking |
| 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 | NIFTY Financial Services TRI |
What is the Benchmark Index of Helios Financial Services Fund?
The Nifty Financial Services Index is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies. The Nifty Finance Index comprises of 20 stocks that are listed on the National Stock Exchange (NSE).
Nifty Financial Services Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Financial Services Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Financial Services Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 4.06 | 1.65 | 13.98 | 11.71 | 16.37 |
| Total Return | 4.06 | 1.71 | 15.14 | 12.43 | 17.63 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 12.40 | 24.89 | 27.75 |
| Beta (NIFTY 50) | 1.05 | 1.20 | 1.16 |
| Correlation (NIFTY 50) | 0.84 | 0.92 | 0.91 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 16.59 | 3.41 | 0.78 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 31.12 |
| ICICI Bank Ltd | 21.99 |
| Axis Bank Ltd. | 9.01 |
| State Bank of India | 8.63 |
| Kotak Mahindra Bank Ltd | 6.50 |
| Bajaj Finance Ltd. | 5.25 |
| Bajaj Finserv Ltd. | 2.38 |
| Shriram Finance Ltd. | 1.93 |
| SBI Life Insurance Company Ltd. | 1.76 |
| Power Finance Corporation Ltd. | 1.75 |
Performance Review of the Fund Managers of Helios Financial Services Fund?
1) Alok Bahl
Education: Mr. Bahl has done B.Com, PG Diploma in Financial Management and PG Certificate in Business Management from XLRI Jamshedpur
Experience: He has over 32 years of work experience in the areas of investment. He has been a part of Helios Group since its inception in 2005. Prior to joining Helios Group, he has worked in India with various sell side firms in sales for over 14 years.
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 | — | — | — | — |
As on 29-5-2024
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
| Fund | Helios Flexi Cap Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 29-5-2024
Which Company Owns Helios Financial Services 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 Financial Services Fund NFO?
Guidance for Helios Financial Services Fund by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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