Helios Overnight Fund Direct Growth

Helios Overnight Fund Direct Growth

Debt

Direct

Overnight

NAV as on 06-12-2024

₹ 1075.5

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

  1. Helios Overnight Fund Direct Growth has ₹110 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. 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 6.66%.

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

Annualised

zero opening, trading, fund transfer fee
5 people have invested ₹ 27.4L in Helios Overnight Fund Direct Growth in the last three months

Helios Overnight Fund Direct Growth Overview

Expense ratio0.09%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹110 Cr
Inception Date25 October, 2023
Min Lumpsum/SIP₹5000/--
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (06-Dec-24)

Period
Helios Overnight Fund Direct Growth
Overnight Index
1M
0.5%
-
3M
1.6%
-
6M
3.2%
-
1Y
6.7%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 109.9 Cr
₹ 117.3 Cr
₹ 107.3 Cr
  • AUM of the fund stands at 109.9 Cr as of Oct'24
  • AUM decreased by 7.5 Cr between Oct'24 and Sep'24
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Fund House
Helios Capital Asset Management (India) Private Limited
Total AUM
₹2.56K Cr
as on 31-Oct-2024
Address
Bandra East, Mumbai
Phone
Website

Helios Overnight Fund Direct Growth Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.67% since inception which is more than its category average return of 3.99%
AUM size ₹110 Cr

AUM size ₹110 Cr

This fund has AUM of ₹110 Cr which is less than its category average of ₹ 2711 Cr
Expense Ratio 0.09%

Expense Ratio 0.09%

This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions for Helios Overnight Fund Direct Growth

The current NAV of Helios Overnight Fund Direct Growth is ₹1075.5 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Helios Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
3.23%
3.23%
1 Year Returns
6.66%
6.66%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.09% as on November 2024
₹110 Cr as on November 2024
Yield to Maturity is 6.27 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
The Exit load of Helios Overnight Fund Direct Growth is 0%