Helios Overnight Fund Direct Growth
Debt
Direct
Overnight
NAV as on 23-12-2024
₹ 1078.74
Inception Returns
6.7%
/yr
About Helios Overnight Fund Direct Growth
Helios Overnight Fund Direct Growth is a debt fund. This fund was started on 25 October, 2023. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Helios Overnight Fund Direct Growth has ₹128 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Helios Overnight Fund Direct Growth has given a CAGR return of 6.67% since inception. Over the last 1 year the fund has given a CAGR return of 6.67%.
Holdings
Helios Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Helios Overnight Fund Direct Growth
The primary objective of the Scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of 1 business day including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Helios Overnight Fund Direct Growth has no lock in period.
Historical NAV & Returns
Helios Overnight Fund Direct Growth Overview
| Expense ratio | 0.13% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹128 Cr |
| Inception Date | 25 October, 2023 |
| Min Lumpsum/SIP | ₹5000/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (23-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 118.7 Cr as of Nov'24
- AUM increased by 8.8 Cr between Nov'24 and Oct'24
Helios Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹128 Cr
Expense Ratio 0.13%
Frequently Asked Questions for Helios Overnight Fund Direct Growth
Helios Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.23% | 3.23% |
1 Year Returns | 6.67% | 6.67% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.