City Helios Financial News

Helios Capital has received capital markets regulator Sebi’s approval to launch a mutual fund business, Samir Arora, the main founder of the company announced.

Helios Capital recently shared that market regulator Sebi approved Helios Mutual Fund. "I am very happy to announce that SEBI has granted approval to Helios Mutual Fund. We need your wishes and support to make this new venture a success," Arora tweeted on Thursday.

mutual fund market in India is on the rise in the last five years. It is expected to thrive further with the addition of new players like Mukesh Ambani's Jio Financial Services, Nithin Kamath's Zerodha AMC, and Samir Arora's Helios Capital. Nithin Kamath's broking firm Zerodha has received final approval from the Securities and Exchange Board of India (Sebi) to set up an asset management company, its founder and CEO Nithin Kamath said on Friday.

Sebi's approval to launch a mutual fund business, Samir Arora, the main founder of the company announced. Helios Capital Management PTE Ltd, which is the business of portfolio management services, applied for a mutual fund license with the Securities and Exchange Board of India (Sebi) in February 2021. «I am very happy to announce that Sebi has granted approval to Helios Mutual Fund. We need your wishes and support to make this new venture a success,» Arora, who is also the fund manager at Helios Capital, wrote at X platform, formerly known as Twitter, on Thursday. After quitting Alliance Capital 20 years ago, Arora is re-entering the 43-player mutual fund industry. He was the Chief Investment Officer of Alliance Capital's Indian mutual fund business.

capital market regulator Securities and Exchange Board of India (SEBI) on Thursday has granted approval to Helios Mutual Fund on Thursday. "I am very happy to announce that SEBI has granted approval to Helios Mutual Fund. We need your wishes and support to make this new venture a success," said Samir Arora on X platform.

«I do not know much about how it will make such a big difference to Zerodha, but to the financiers, it will. Because these guys are themselves selling what 50-60% of smartphones or phones, and they are selling their own televisions and everything else through their own network,» says Samir Arora, Helios Capital.We got a unique listing today. When I say not listing, but a price discovery of Jio Financial Services. What do you think would be the medium to long-term implications of this because Reliance is giving birth to a business which is backed by technology, which is backed by scale and they have advantage of data and reach. What implications do you think this could have on the lenders, the distributors, and even, for that matter, platform companies like Zerodha and Policy, PB Fintech? I do not know much about how it will make such a big difference to Zerodha, but to the financiers, it will.

«Let us not call it liquidity reversal because the previous trend was only like odd in some sense although it happens every now and then but generally FIIs are buyers as in the last 20 odd years they would have been buyers in maybe 16 of those years,» says Samir Arora, Helios Capital.Let us talk about the big picture and the big picture is that flows have turned and flows are looking very strong. When you speak to some of your investors and your LP associates, are you getting a sense that the liquidity reversal which has happened from April onwards it is real and it is here to stay?100% and let us not call it liquidity reversal because the previous trend was only like odd in some sense although it happens every now and then but generally FIIs are buyers as in the last 20 odd years they would have been buyers in maybe 16 of those years.

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