Helios Mutual Fund files offers document for Flexi Cap Fund
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Helios Mutual Fund has filed offer document with SEBI to launch an open-ended dynamic equity scheme investing across large cap, mid cap & small cap stocks named ‘Helios Flexi Cap Fund’. Units can be purchased during the New Fund Offer Period at Rs 10 each. Entry load and Exit load will not be applicable for the scheme. Minimum target subscription amount for the Scheme to be raised is Rs 10 crore.
The performance of the Scheme will be benchmarked to the performance of the NIFTY 500 TRI Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to seek to generate long-term capital appreciation by investing predominantly in equity & equity related instruments across market capitalization.
