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Helios Overnight Fund - NAV, Returns, Portfolio & Investment Details | Allvest

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Invest in Helios Overnight Fund - Low risk overnight debt fund with AUM of ₹190.79 Cr. Get latest NAV, returns, fund performance, expense ratio of 0.18% and investment details.

Investment Objective and Approach

The Scheme seeks to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of 1 business day including TREPS (Tri-Party Repo) and Reverse Repo. An Open-ended debt scheme investing in overnight securities. Relatively low interest rate risk and low credit risk

The fund follows a conservative investment approach with the following asset allocation strategy:

- Primary Holdings: Debt, Money Market instruments, Cash and Cash equivalents (including Repo) with overnight maturity / maturing on or before next business day: 95% to 100%

- Secondary Holdings: G-secs and/or T-bills with a residual maturity of upto 30 days: 0% to 5%

Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. The fund is designed for investors seeking safety of capital while earning marginally higher returns than traditional savings accounts.

Key Features:

- Launch Date: October 19, 2023

- AUM: ₹190.79 Crores as of August 25, 2025

- Expense Ratio: 0.18%

- Face Value: ₹1000/- per unit

- Plans Available: Direct and Regular Plan, each with Growth and Daily IDCW Re-investment Option

- Since Inception Returns: CAGR of 6.71%

Fund Managers

Alok Bahl - Chief Investment Officer

Alok Bahl, Chief Investments Officer at Helios Group, has 32 years of investment experience. He has been a part of Helios Group since its inception in 2005. Prior to joining Helios Group, he has worked in India with various sell side firms in sales for over 14 years.

Educational Background:

Mr. Bahl has done B.Com, PG Diploma in Financial Management and PG Certificate in Business Management from XLRI Jamshedpur

Supporting Team

The fund is also supported by Utsav Modi as a fund manager. Utsav has total work experience of over 11 years in the industry. Prior to joining Helios AMC, Utsav was with Groww Mutual Fund where he held the position of Dealer – Fixed Income. Utsav previously also worked at Phronesis Capital Ltd, Almondz Global Securities Co. Ltd., A. K. Capital, LKP Securities Ltd. and Karvy Stock Broking Ltd.

About the Fund House (AMC)

Helios Mutual Fund is managed by Helios Capital Asset Management (India) Pvt. Ltd., known as Helios India, is a Mumbai-based company that manages assets. It's approved by the Securities & Exchange Board of India (SEBI) to manage Portfolio Management Services (PMS) and Alternative Investment Funds (AIF).

Key Leadership:

Samir Arora - Founder & Group CIO

Samir Arora is the main founder, Group CIO & fund manager at Helios Capital. He has a total investing experience touching three decades. From 1998 to 2003, he was the Head of Asian Emerging Markets at Alliance Capital Management in Singapore (both fund management and research, covering 9 markets).

Dinshaw Irani - Executive Director

Dinshaw is the Executive Director of Helios and also the Principle Portfolio Manager. Helios India's CIO is Dinshaw Irani. Ltd. and has overall work experience of 29 years. Prior to this, he was Executive Director at Artemis Advisors (exclusive research advisors to Helios Singapore) for over 14 years, where he led the research process, from industry outlook and idea generation to final recommendation.

Company Structure:

- Parent Company: The company's parent organisation, Helios Capital Management Pte. Ltd., or Helios Singapore, focuses on India and is based in Singapore.

- Total AUM: ₹2,936.29 Cr

- Number of Schemes: 13

- Team Size: Helios has a team of more than 50 people working mainly in two key offices: Singapore and Mumbai.

Should I Invest in Helios Overnight Fund?

Suitable For:

- Investors seeking parking surplus funds for short duration

- Conservative investors prioritizing capital safety over high returns

- Emergency fund parking with better returns than savings accounts

- Portfolio diversification with low-risk debt exposure

Investment Considerations:

Positives:

- Very low interest rate and credit risk

- High liquidity with daily redemption facility

- Competitive expense ratio of 0.18%

- Experienced fund management team

- Regulatory oversight by SEBI

Things to Consider:

- The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Remember, these funds are geared to deliver only marginally higher returns than your bank account.

- Suitable for short-term parking of funds (few days to one year)

- Returns may be modest compared to other debt fund categories

Investment Minimums:

- Lump Sum: ₹5000

- SIP: ₹1000

FAQs

What is today's NAV of Helios Overnight Fund?

The NAV of Helios Overnight Fund Regular Growth, as of 25-Aug-2025, is ₹1119.93. NAV is updated daily and varies between direct and regular plans.

What is the AUM of Helios Overnight Fund?

As of 25-Aug-25, it has Assets Under Management (AUM) of 190.79 Crores, indicating steady investor confidence in the fund.

What is the expense ratio of Helios Overnight Fund?

The fund has an expense ratio of 0.18, which is quite reasonable as compared to most other debt mutual fund schemes.

What are the returns of Helios Overnight Fund since inception?

Helios Overnight Fund Regular Growth has given a CAGR return of 6.33% since inception. The fund was launched in October 2023.

What is the minimum SIP amount to invest in Helios Overnight Fund?

You can start investing in Helios Overnight Fund Regular Growth with a SIP of ₹1000 or opt for lump sum investment starting from ₹5000.

How do I invest in Helios Overnight Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing between SIP or lump sum investment, and making payment via UPI or net banking.

How to start a SIP in Helios Overnight Fund?

Through Allvest, select Helios Overnight Fund, choose SIP option, set your monthly investment amount (minimum ₹1000), select SIP date, and set up auto-debit mandate for seamless monthly investments.

How do I automate an SIP in Helios Overnight Fund?

After setting up your SIP through Allvest, enable auto-debit mandate with your bank. This ensures automatic monthly deductions without manual intervention for uninterrupted investing.

How can I withdraw/redeem my investment in Helios Overnight Fund?

Go to the 'Investments' section and click on the mutual fund scheme you want to withdraw. Enter the amount you want to withdraw and tap the 'Withdraw' button. You will receive your funds within three working days of placing the order.