Helios Balanced Advantage Fund - Direct (IDCW)

Helios Balanced Advantage Fund - Direct (IDCW) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Helios Mutual fund. Launched in 11 March 2024, this fund is managed by Alok Bahi. With assets under management (AUM) worth ₹263.92 (Cr), as of 27 December 2024, Helios Balanced Advantage Fund - Direct (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 13.00% since its launch.
The current NAV of Helios Balanced Advantage Fund - Direct (IDCW) is ₹11.3, as on 27 December 2024. The fund's benchmark index is CRISIL Hybrid 50+50 - Moderate Index. You can invest in Helios Balanced Advantage Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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 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 If redeemed/switched out after 3 months from the date of allotment - Nil The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 86.02% in Equity, 13.43% in Debt and 0.55% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 22.48% in Banks, 12.49% in Debt, 10.10% in IT-Software, 5.06% in Finance, 4.69% in Retailing