Helios Mutual Fund files draft for a flexi cap fund

Helios Mutual Fund has filed a draft document with Sebi to launch a flexi cap fund. Helios Flexi Cap Fund will be an open-ended equity scheme investing across large cap, mid cap and small cap stocks.

According to the scheme information document, the investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments across market capitalization.

The performance of the scheme will be benchmarked against NIFTY 500 TRI. The scheme will be managed by Apurva Sharma. The minimum application amount will be Rs 5,000 and in multiples of Re 1 thereafter.


The minimum investment amount for weekly and fortnightly SIP will be Rs 500 and in multiples of Re 1 thereafter with minimum 24 instalments. The minimum investment amount for monthly SIP will be Rs 1,000 and in multiples of Re 1 thereafter with minimum 12 instalments. For quarterly SIP frequency, the minimum investment amount will be Rs 3,000 and in multiples of Re 1 thereafter with minimum four instalments.

The scheme will have regular and direct plans with growth and IDCW options.The scheme will invest 65-100% in equity and equity related instruments of large cap, mid cap, and small cap companies, 0-35% in debt securities and money market instruments (including cash and cash equivalents), 0-10% in units issued by REITs and INVITs, and 0-5% in units of mutual fund scheme.

The scheme is suitable for investors who are seeking long-term wealth creation and who want investment predominantly in equity and equity related instruments across large cap, mid cap and small cap stocks.