NFO Insight: Helios Mid Cap Fund opens for subscription. Should you invest or wait?
Helios Mid Cap Fund is open for subscription and will close on March 6. The scheme is an open-ended equity scheme predominantly investing in mid cap stocks.
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The mid cap fund will open for continuous sale and repurchase on March 17. The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of mid cap companies.
Also Read | Mutual fund investors pour Rs 3,063 crore in largecap funds. Time to shift your portfolio?
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-118407816»>The scheme will be benchmarked against NIFTY Midcap 150 Total Return Index (TRI) and will be managed by Alok Bahl and Pratik Singh.
The minimum application amount is Rs 5,000 and in multiples of Re 1 thereafter. The minimum amount for monthly SIP is Rs 1,000 and in multiples of Re 1 thereafter with minimum 12 installments.
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