Helios Flexi Cap Fund, an offering from the recently launched Samir Arora's Helios Mutual Fund, has opened its subscription window on Monday, October 23, 2023. The same will be available for investment until November 6, 2023. This open-ended equity scheme is designed to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments across market capitalisation.

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However, it's essential to note that there is no guarantee that the new fund offer (NFO) will achieve this objective, the fund house said.

The Helios Flexi Cap Fund is benchmarked against the NIFTY 500 TRI. This index provides a broad representation of the Indian equity market and serves as a performance comparison for the fund.

Investment options

The fund offers both direct and regular plans, with multiple sub-options such as growth, Income Distribution cum capital withdrawal Option (IDCW), Re-investment of IDCW, transfer of IDCW, and pay-out of IDCW.

Minimum investment amount

To get started with the Helios Flexi Cap Fund, the minimum subscription amount is ₹5,000, and one can invest in multiples of Re 1 thereafter. The minimum additional application amount, including switches, is ₹1,000, with ₹1 increments.

Load structure

While there is no entry load, exit load of 1 percent of net asset value (NAV) is applicable if units redeemed or switched out are over and above the limit within 3 months from the date of allotment. There is no exit load if units redeemed or switched out are up to 10% of the units purchased or switched in within 3 months from the date of allotment.

Asset allocation

Under normal circumstances, the fund's asset allocation will be as follows:

(Source: Fund document)

Investment strategy

The Helios Flexi Cap Fund will be actively managed to align with its investment objectives and asset allocation. The fund will predominantly invest in equity and equity-related securities across market capitalisation. It may also allocate assets between equity and fixed income securities based on market conditions and the fund's asset allocation pattern, Helios Mutual Fund said.

Additionally, the fund may invest in equities through primary market offerings, engage in stock lending activities, and utilise equity derivatives for hedging and portfolio balancing.

A look at returns of similar flexi cap funds

(Source: Moneycontrol)

Should one invest?

Investing in mutual funds carries inherent risks, and it's crucial to consider the financial goals, risk tolerance, and investment horizon before making a decision. The Helios Flexi Cap Fund aims for long-term capital appreciation, making it potentially suitable for investors with a long-term investment horizon.

However, it's important to consider that this is the second offering from Helios Mutual Fund, and it's an NFO (New Fund Offer). Before investing, it's advisable to consult with a financial advisor who can provide personalised guidance based on one's unique financial situation.