Helios Overnight Fund Direct Growth

Debt
Direct
Overnight
Helios Overnight Fund Direct Growth

About the Fund

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 4.96% since inception.

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.

Fund Performance
zero opening, trading, fund transfer fee
5 people have invested ₹ 13L in Helios Overnight Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.1%
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%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69

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 returns of 4.96% since inception (25nd Oct 2023)
AUM size ₹110 Cr

AUM size ₹110 Cr

This fund has AUM of ₹110 Cr which is less than its category average of ₹ 2818 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of Helios Overnight Fund Direct Growth is ₹1050.5 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
Helios Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
3.27%
3.27%
1 Year Returns
0%
0%
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.
0.1% as on June 2024
₹110 Cr as on June 2024
Yield to Maturity is 6.73 as on June 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 June 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%