NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Helios Balanced Advantage Fund Growth for NRI [11.05]

Min Investment

5,000

Fund Size

231.9 Cr

Expense Ratio

2.4%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

11.05

-1.43%

NAV as on 03 Oct 24, 12:00 AM

very high risk

dynamic asset allocation

hybrid (c)

NAV as on 03 Oct 24, 12:00 AM

very high risk

dynamic asset allocation

hybrid (c)

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

11.90%p.a.

Since Inception

About Helios Balanced Advantage Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Helios Balanced Advantage Fund Growth scheme from Helios Capital Asset Management (India) Private Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Mar 2024, Helios Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 231.9 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.

  • Helios Balanced Advantage Fund Growth delivered 0.0% annual returns during the last year. It has delivered 11.9% average annual returns since the fund was launched.
  • Helios Balanced Advantage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid (c)

Fund Objective

The investment objective of the scheme 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.

Top 10 Holdings

HDFC Bank Ltd

8.55%

Future on Hindustan Unilever Ltd

5.21%

Hindustan Unilever Ltd

5.18%

ICICI Bank Ltd

4.13%

Tata Consultancy Services Ltd

3.81%

Future on Aditya Birla Fashion and Retail Ltd

3.66%

Aditya Birla Fashion and Retail Ltd

3.63%

Reliance Industries Ltd

3.58%

Future on Kotak Mahindra Bank Ltd

3.34%

Kotak Mahindra Bank Ltd

3.32%

Fund Managers

  1. Alok Bahl (Mar 2024 - Present)
  2. Utsav Modi (Mar 2024 - Present)
  3. Pratik Singh (Mar 2024 - Present)

Key Information

View Scheme Document

Helios Balanced Advantage Fund Growth SIP Calculator

If invested

5,000

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 Balanced Advantage Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Helios Balanced Advantage 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 Balanced Advantage 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

Frequently Asked Questions