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Helios Balanced Advantage Fund (NFO), a new open-ended dynamic asset allocation fund launched by Helios Mutual Fund on March 11, 2024 and closing on March 20, 2024, aims to balance potential upsides of equity with downside risk management through dynamic portfolio allocation in equities, debt, money market instruments, and derivatives. The minimum investment is Rs 5,000 with exit loads applicable only for redemptions exceeding 10% within 3 months of purchase.
The investment objective of the Helios Balanced Advantage Fund 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. However, there can be no assurance that the investment objective of the Scheme will be realized.
This Helios Balanced Advantage Fund’s NFO is suitable for investors who are seeking long term wealth creation Investment in a dynamically managed portfolio of equity & equity related instruments and debt & money market securities.
Risk-o-meter – Helios Balanced Advantage Fund: Very High, Benchmark: Very High
| Instruments | Indicative allocations (% of total assets) | Risk Profile |
| Equity & Equity related instruments | 100 – 0 | Very High |
| Debt Securities$ and Money Market Instruments, cash, and cash equivalents and / or units of debt oriented mutual fund schemes/Exchange Traded Funds (ETFs). | 100 – 0 | Low to Medium |
The performance of the Helios Balanced Advantage Fund will be benchmarked with CRISIL Hybrid 50+50 – Moderate Total Return Index (TRI)
Mr. Alok Bahl (for equities), Age: 60 years, over 32 years of experience.
Mr. Pratik Singh (for equities), Age: 34 years, Educational Qualification: MBA, BE, over 10 years of experience.
Mr. Utssav Modi (for Fixed Income securities), Age: 37 Years, Educational Qualification: B. Com., CFA, over 11 years of work experience.
| Scheme Name | Launch Date | AUM (Crore) | Expense Ratio (%) | Returns as on – 07-03-2024 in % | ||||
| 2024 | 2023 | 2022 | 2021 | 2020 | ||||
| All Hybrid: Dynamic Asset Allocation | – | – | – | 4.21 | 18.32 | 3.54 | 14.08 | 12.95 |
| HDFC Balanced Advtg Gr | 01-02-1994 | 77011.15 | 1.4 | 6.83 | 31.3 | 18.78 | 26.36 | 7.57 |
| ICICI Pru Balanced Advtg Gr | 01-12-2006 | 54141.75 | 1.49 | 4.06 | 16.52 | 7.9 | 15.14 | 11.71 |
| SBI Balanced Advantage Fund Reg Gr | 07-08-2021 | 27487.94 | 1.62 | 5.7 | 20.39 | 5.07 | – | – |
| Kotak Balanced Advtg Reg Gr | 05-07-2018 | 15622.55 | 1.66 | 2.54 | 16.06 | 3.76 | 12.96 | 13.64 |
| Edelweiss Balanced Advtg Reg Gr | 20-08-2009 | 10349.08 | 1.7 | 4.64 | 18.79 | 2.14 | 18.76 | 22.64 |
| Tata Balanced Advtg Reg Gr | 27-01-2019 | 8516.95 | 1.7 | 4.94 | 17.01 | 5.48 | 16.47 | 15.54 |
| Nippon India Balanced Advtg Gr Gr | 05-11-2004 | 7588.13 | 1.77 | 3.73 | 17.51 | 5.09 | 15.71 | 11.17 |
| ABSL Balanced Advtg Reg Gr | 25-04-2000 | 7012.91 | 1.8 | 2.78 | 16.54 | 4.19 | 13.41 | 15.36 |
| UTI Unit Linked Insurance | 01-10-1971 | 5292.71 | 1.62 | -0.12 | 11.96 | -2.37 | 14.58 | 14.03 |
| NJ Balanced Advantage Fund Reg Gr | 05-10-2021 | 3935.41 | 1.87 | 5.64 | 23.02 | -0.2 | – | – |
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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