Dezerv

Fund Overview

Fund Size

Fund Size

₹92 Cr

Expense Ratio

Expense Ratio

0.80%

ISIN

ISIN

INF0R8701202

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

24 Jun 2024

About this fund

This fund has been in existence for 26 days, having been launched on 24-Jun-24.
As of 19-Jul-24, it has a Net Asset Value (NAV) of ₹10.18, Assets Under Management (AUM) of 91.96 Crores, and an expense ratio of 0.8%.
  • Helios Financial Services Fund Direct Growth has given a CAGR return of 1.80% since inception.
  • The fund's asset allocation comprises around 96.62% in equities, 0.00% in debts, and 3.38% in cash & cash equivalents.
  • You can start investing in Helios Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+1.80%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity88.85 Cr96.62%
Others3.1 Cr3.38%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity19.57 Cr21.28%
ICICI Bank LtdEquity10.55 Cr11.48%
Axis Bank LtdEquity8.79 Cr9.56%
State Bank of IndiaEquity8.52 Cr9.27%
Bajaj Finance LtdEquity6.72 Cr7.31%
TrepsCash - Repurchase Agreement6.31 Cr6.86%
IndusInd Bank LtdEquity4.35 Cr4.73%
Net Receivable / PayableCash - Collateral-3.21 Cr3.49%
Shriram Finance LtdEquity2.85 Cr3.10%
360 One Wam Ltd Ordinary SharesEquity2.82 Cr3.07%
Cholamandalam Investment and Finance Co LtdEquity2.69 Cr2.92%
PNB Housing Finance LtdEquity2.64 Cr2.88%
SBI Life Insurance Company LimitedEquity2.61 Cr2.83%
Aditya Birla Capital LtdEquity2.49 Cr2.71%
Motilal Oswal Financial Services LtdEquity2.26 Cr2.46%
Can Fin Homes LtdEquity2.22 Cr2.42%
Computer Age Management Services Ltd Ordinary SharesEquity2.22 Cr2.41%
Prudent Corporate Advisory Services LtdEquity2.19 Cr2.39%
Canara BankEquity2.09 Cr2.27%
HDFC Life Insurance Company LimitedEquity2.02 Cr2.20%
One97 Communications LtdEquity1.24 Cr1.34%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services85.4 Cr92.87%
Technology3.45 Cr3.75%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

Alok Bahl

Alok Bahl

Since June 2024

PS

Pratik Singh

Since June 2024

Additional Scheme Detailsas of 30th June 2024

ISIN
INF0R8701202
Expense Ratio
0.80%
Exit Load
1.00%
Fund Size
₹92 Cr
Age
24 Jun 2024
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Financial Services TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹9.45 Cr12.3%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2759.48 Cr61.9%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1477.69 Cr62.0%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2535.06 Cr15.2%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹274.29 Cr15.2%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7671.24 Cr20.7%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1140.83 Cr22.1%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5932.60 Cr25.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Helios Financial Services Fund Direct Growth, as of 19-Jul-2024, is ₹10.18.
The fund's allocation of assets is distributed as 96.62% in equities, 0.00% in bonds, and 3.38% in cash and cash equivalents.
The fund managers responsible for Helios Financial Services Fund Direct Growth are:-
  1. Alok Bahl
  2. Pratik Singh