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Helios Financial Services Fund - NFO: Opening Date & NAV

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.