NFO Alert: Helios Mutual Fund Launches Arbitrage Fund; Subscription Opens March 9, 2026

Helios Mutual Fund has opened the New Fund Offer (NFO) of the Helios Arbitrage Fund on 9 March 2026.  

The subscription window will remain open until 13 March 2026, after which the scheme is scheduled to reopen for ongoing transactions from 23 March 2026. 

The scheme is categorised as an open-ended arbitrage fund. Such funds typically aim to capture price differences between the cash and derivatives segments of the equity market. 

Investment Objective 

According to the scheme documents, the fund intends to generate capital appreciation and income by investing mainly in arbitrage opportunities in the cash and derivatives segments of the equity market. It may also participate in arbitrage opportunities available within the derivatives segment itself. 

A portion of the portfolio may be invested in debt securities and money market instruments. The scheme document notes that there is no assurance that the investment objective will be achieved. 

Asset Allocation and Benchmark 

Under normal market conditions, the scheme proposes to allocate 65% to 100% of its assets to equity and equity-related instruments, including derivatives and Real Estate Investment Trusts (REITs). This portion of the portfolio carries a very high-risk profile. 

The remaining 0% to 35% may be invested in debt securities and money market instruments, including margin money used in derivative transactions. This part of the portfolio is classified as low to medium risk. 

The scheme will track the NIFTY 50 Arbitrage Total Return Index (TRI), which serves as the AMFI Tier I benchmark for arbitrage funds. 

Investment Details and Fund Management 

The fund will be managed by Alok Bahl and Pratik Singh. Bahl has 34 years of overall industry experience, while Singh has 11 years of experience. 

The minimum investment during the NFO is ₹5,000, with additional investments allowed from ₹1,000 in multiples of ₹1. Investors can choose between Direct and Regular plans, each offering Growth and IDCW options, including reinvestment, transfer and payout choices. 

Charges and Investor Facilities 

The scheme does not levy an entry load. An exit load of 0.25% will apply if units are redeemed or switched out within 7 days of allotment. No exit load will be charged after this period. 

Investors will have access to facilities such as Systematic Investment Plans (SIP), SIP Top-Up, SIP Pause, Micro SIP, Systematic Transfer Plan (STP), Value STP and Systematic Withdrawal Plan (SWP) once the scheme becomes available for regular transactions. 

Read More: Equity Mutual Funds Decline Up to 11% in a Week as International Funds Face the Sharpest Losses! 

Conclusion 

Subscriptions for the Helios Arbitrage Fund are open until 13 March 2026. After the NFO period, the scheme will reopen on 23 March 2026 for ongoing purchases and redemptions, with investments primarily focused on arbitrage opportunities in equity markets. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.