NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.94
1.02%
NAV as on 23 Nov 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (c)
NAV as on 23 Nov 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (c)
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
10.00%p.a.
Since Inception
About Helios Balanced Advantage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Helios Balanced Advantage Fund Growth scheme from Helios Capital Asset Management (India) Private Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Mar 2024, Helios Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 249.3 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Helios Balanced Advantage Fund Growth delivered 0.0% annual returns during the last year. It has delivered 10.0% average annual returns since the fund was launched.
- Helios Balanced Advantage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (c)
Fund Objective
The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.
Top 10 Holdings
HDFC Bank Ltd
8.49%
Tata Consultancy Services Ltd
4.78%
Hindustan Unilever Ltd
4.38%
Future on Hindustan Unilever Ltd
4.36%
ICICI Bank Ltd
4.04%
HDFC Life Insurance Co Ltd
3.60%
Future on Bank of Baroda
3.05%
Bank of Baroda
3.03%
Future on HDFC Life Insurance Co Ltd
2.72%
Future on Adani Enterprises Ltd
2.67%
Fund Managers
- Alok Bahl (Mar 2024 - Present)
- Utsav Modi (Mar 2024 - Present)
- Pratik Singh (Mar 2024 - Present)
Key Information
View Scheme Document
Helios Balanced Advantage Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Helios Balanced Advantage Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Helios Balanced Advantage Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Helios Balanced Advantage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
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3Y Return
HDFC Balanced Advantage Fund Growth
very high risk | hybrid (nc)
21.4%
ICICI Prudential Balanced Advantage Fund Growth
very high risk | equity
12.0%
Kotak Balanced Advantage Fund Growth
very high risk | equity
10.9%
Frequently Asked Questions
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