Helios Mutual Fund has introduced the Helios Mid Cap Fund, which is an open-ended equity fund that invests mainly in mid-cap stocks. The scheme aims to provide long-term capital appreciation through a focus on mid-sized companies with growth potential.
NFO Details
The Helios Mid Cap Fund NFO opens today February 20, 2025, closes on March 6, 2025, and reopens on March 17, 2025. Each unit is priced at Rs 10, and the scheme follows the NIFTY Midcap 150 TRI benchmark. There is no exit load for redemptions up to 10 per cent within the first three months. For redemptions beyond this limit, a 1 per cent exit load applies.
According to Helios Mutual Funds, the scheme invests in equity and equity-related securities of mid-cap corporations with the goal of generating long-term capital growth. While returns are not guaranteed and performance will depend on market conditions. The minimum investment amount during the NFO and for lump-sum investments is Rs 5,000, with subsequent investments in multiples of Rs 1. For SIP investments, the minimum starts at Rs 1,000 per installment.
The Helios Mid Cap Fund will allocate 65 to 100 per cent of its assets to equity and equity-related instruments of mid-cap companies, carrying a very high risk. It may also invest up to 35 per cent in equity instruments of companies other than mid-cap, which also falls under the very high-risk category. Also, the scheme has the flexibility to invest 0 to 35 per cent in debt securities and money market instruments, offering a low to medium risk profile.
Who Should Invest?
Helios Mutual Fund suggests that this fund is suitable for investors seeking long-term wealth creation through investment in equity and equity-related securities, predominantly in mid-cap companies. It is a very high-risk scheme, and investors should consult their financial advisers if they are unsure whether this product is suitable for them.
