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
₹10.48
0.77%
NAV as on 17 Nov 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
sector financial services
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.30%p.a.
Since Inception
About Helios Financial Services Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Helios Financial Services Fund Growth scheme from Helios Capital Asset Management (India) Private Limited. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Jun 2024, Helios Financial Services Fund Growth is Sector - Financial Services fund of its category with 121.63 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
- Helios Financial Services Fund Growth delivered 0.0% annual returns during the last year. It has delivered 8.3% average annual returns since the fund was launched.
- Helios Financial Services Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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 companies engaged in financial services.
Top 10 Holdings
HDFC Bank Ltd
14.80%
ICICI Bank Ltd
12.05%
Bajaj Finance Ltd
6.89%
Axis Bank Ltd
6.58%
State Bank of India
6.34%
Prudent Corporate Advisory Services Ltd
5.56%
One97 Communications Ltd
5.26%
Multi Commodity Exchange of India Ltd
4.61%
ICICI Lombard General Insurance Co Ltd
3.16%
SBI Life Insurance Co Ltd
3.12%
Fund Managers
- Alok Bahl (Jun 2024 - Present)
- Pratik Singh (Jun 2024 - Present)
Key Information
View Scheme Document
Helios Financial Services 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 Financial Services 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 Financial Services 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 Financial Services 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
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ICICI Prudential Banking and Financial Services Fund Growth
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10.3%
SBI Banking & Financial Services Growth
very high risk | equity
12.3%
Nippon India Banking & Financial Services Fund Growth
very high risk | equity
14.4%
Frequently Asked Questions
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