Helios Overnight Fund
This is the Direct plan of Helios Overnight Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed daily, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returnsNAV history
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Overnight Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.03% | — | — |
| 3M abs | +0.03% | — | — |
| 6M abs | +0.03% | — | — |
| 1Y CAGR | +0.03% | — | — |
| 3Y CAGR | — | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Overnight Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Helios Overnight Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | 0.00% | |
| 2025 | 0.00% | |
| 2024 | 0.00% | |
| 2023part | 0.00% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Cash & Equivalents100.00%
Fund size over time
Quarterly average AUM · AMFIDown +17% from its peak of ₹282.99Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Helios Mutual Fund is run by Helios Capital Asset Management, founded by Samir Arora, the long-time India manager behind Helios Capital's offshore funds. It entered the domestic mutual fund business with a flexi-cap scheme and has kept a compact equity line-up since.
Fund Managers
ABAlok BahlManaging since 30 Sep 2025
Chief Investment Officer
B.Com (Punjab University) PGCFM (K.C. College of Management) PGCBM (XLRI, Jamshedpur) MBA in Finance
Over 33 years of experience. Helios Capital Asset Manage - ment (India) Private Limited (April 2023 to present) – Chief Investment Officer. Helios Capital Management Pte. Limited, Singapore (May 2005 to March 2023) – Head of Trading. Prior to joining Helios, Alok worked in India with various sell side firms in sales for over
DBDevesh Kumar BhattStart date not disclosed
Fund Manager and Dealer – Fixed Income Securities Manager - Dealing
CFA Level III Cleared (August 2023) Master of Commerce (Accountancy) Bachelor of Management Studies (Finance)
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Helios in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Why Helios MF is adding new-age and precision engineering stocks
CNBC TV18 · 13d ago
From ₹670 crore to ₹15,000 crore: How Helios Mutual Fund scaled up in under three years
Business Today · 03 Sep 2026
Samir Arora's Helios MF crosses Rs 15,000 crore in assets, AUM grows 200% YoY
Moneycontrol.com · 02 Sep 2026
Samir Arora-backed Helios MF crosses ₹15,000 crore AUM; equity assets account for over 95%
CNBC TV18 · 02 Sep 2026
Samir Arora backed Helios Mutual Fund crosses Rs 15,000 crore AUM in 3 years, grows 200% in 1 year
The Economic Times · 01 Sep 2026
Gold rallies 9% in July, but investors park Rs 1.4 lakh crore in money market funds: Vallum Capital
The Economic Times · 19 Aug 2026
Helios Small Cap Fund Review: Plans, NAV, Returns and Portfolio Analysis 2026
Univest · 18 Aug 2026
Helios Arbitrage Fund Review: Plans, NAV, Returns and Portfolio Analysis 2026
Univest · 18 Aug 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Overnight funds
Overnight funds hold securities maturing the very next day, making them the lowest-risk debt category. They're a place to park cash for a few days with almost no interest-rate risk.
Frequently asked questions
What is the NAV of Helios Overnight Fund?
As of 04 Oct 2026, the NAV of Helios Overnight Fund is ₹1,000.00 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Helios Overnight Fund delivered?
Helios Overnight Fund has returned +0.03% over 1 year and +0.01% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Helios Overnight Fund?
Helios Overnight Fund charges an expense ratio of 0.17% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Helios Overnight Fund?
Helios Overnight Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.1% and its worst peak-to-trough fall in our sample was -0.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Helios Overnight Fund?
Helios Overnight Fund is benchmarked against the CRISIL Liquid Overnight Index. Its alpha and beta on this page are measured against that index.
Who manages Helios Overnight Fund?
Helios Overnight Fund is managed by Alok Bahl and Devesh Kumar Bhatt at Helios.
How is Helios Overnight Fund taxed?
Helios Overnight Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.