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The MF industry’s new entrant, Helios MF has filed the scheme information document (SID) with SEBI and will soon debut with an overnight fund.
Here are the fund details as per the SID.
|
Fund |
Type |
Benchmark |
Fund Manager |
|
Helios Overnight Fund |
Open-ended |
CRISIL Liquid Overnight Index |
Alok Bahl |
The news of SEBI’s final approval came up this month on Samir Arora’s Twitter handle which read, “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.”
Earlier, the AMC had announced that Dinshaw Irani had been appointed as the Executive Director & Chief Executive Officer and Alok Bahl as the Chief Investment Officer
Dinshaw has close to three decades of investing experience and is a graduate in Commerce (Hons.) and also holds a post-graduate diploma in Rural Management from the Institute of Rural Management. He has also worked with Artemis Advisors, Sharekhan, Alliance Capital, Sun F&C Mutual Fund and Lloyd Securities in the past.
On the other hand, Alok brings 32 years of experience and holds a Post Graduate Diploma in Financial Management from K.C. College of Management and Post Graduate Certificate in Business Management from XLRI Jamshedpur. He has been a part of the Helios Group since 2005 and worked with various sell side firms before joining the Group.
