Helios Balanced Advantage Fund NFO: Key details you need to know

11 Mar 2024 , 12:04 PM

Helios Mutual Fund is launching NFO under its “Debt Scheme – Hybrid asset allocation”, named Helios Balanced Advantage Fund. The scheme aims 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.

Investment strategy: As part of the investment strategy, gross equity and equity-related exposure would normally be maintained between 65%-100%, and the net equity exposure shall be between 30% to 80% through various derivative strategies to protect the downside in volatile times.

Asset allocation: The scheme aims to invest in a dynamically managed portfolio of equity & equity-related instruments and debt & money market securities.

Who should invest?

Investors with high risk appetite should invest in the Helios Long Duration Fund for 3-5 years.

Risk associated: High level of risk.

Benchmark: NIFTY 500 TRI.

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

The NFO is available for subscription from March 11 to March 20. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is ₹5000/- and in multiples of any amount thereafter.

It offers a Regular Plan and a Direct Plan. Each plan offers Growth and Income options. Click here to invest in Helios Long Duration Fund.