Equity
Direct
Sector - Financial Services
NAV as on 06-09-2024
₹ 10.56
1D
Inception Returns
5.6%
/yr
Helios Financial Services Fund Direct Growth is an equity fund. This fund was started on 24 June, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Helios Financial Services Fund Direct Growth has given a CAGR return of 5.60% since inception.
Helios Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, State Bank of India, Axis Bank Ltd, Bajaj Finance Ltd
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the scheme is 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.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Helios Financial Services Fund Direct Growth has no lock in period.
Expense ratio | 0.76% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹105 Cr |
Inception Date | 24 June, 2024 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Helios Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.76% | 7.76% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Helios Financial Services Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Helios Financial Services Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Helios Financial Services Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Helios Financial Services Fund Direct Growth | - | - | - |