Helios MF introduces Mid Cap Fund
Helios Mutual Fund has launched Helios Mid Cap Fund, an open-ended equity scheme predominantly investing in mid cap stocks. The NFO opens for subscription on February 20, 2025 and closes on March 06, 2025. The Entry Load is not applicable for the scheme. The Exit load: i) If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment – Nil, ii) If units redeemed or switched out are over and above the limit within 3 months from the date of allotment – 1% of the applicable NAV & iii) If redeemed/switched out after 3 months from the date of allotment – Nil. The minimum subscription amount is Rs 5,000 and in multiples of Re. 1 thereafter.
The performance of the Scheme will be benchmarked to the performance of the Nifty Midcap 150 Total Return Index (TRI) and its fund managers are Alok Bahl and Pratik Singh.
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of mid cap companies.
