Helios Mutual Fund launches Helios Balanced Advantage Fund

NFO period: 11^th MarchOctober – 20^th March, 2024

Highlights of the NFO:

• Scheme type – An open-ended dynamic asset allocation fund


• Investment objective – The investment objective of the scheme is 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 instruments and derivatives. However, there can be no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking long term wealth creation by investing in a dynamically managed portfolio of equity & equity related instruments and debt & money market securities.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal Option (“IDCW”) (Payout of IDCW, Transfer of IDCW & Reinvestment of IDCW).


• Fund Managers – Mr. Alok Bahl, Mr. Pratik Singh and Mr. Utssav Modi


• Benchmark – CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI)