Helios Overnight Fund Direct - Growth

Q: What are the returns of this mutual fund scheme?

The Helios Overnight Fund Direct - Growth is a 2 yrs 3 m old fund and has delivered average annual returns of 6.16% since inception. Helios Overnight Fund Direct - Growth Returns 1-Year Since Inception 5.51% 6.16%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1146.6796+0.01% 1 day change	6.16% p.a.	App exclusive #NA View Ranked Funds	₹291 Cr

Historical NAV & returns

NAV: ₹1146.6796 as on Feb 02, 2026

This fund Category average

Helios Overnight Fund overview

Expense ratio	0.14% as on Feb 02, 2026
Exit load	0%
AUM (Fund size)	₹291 Cr
Lock-in Period	Nil
Age	2 yrs 3 m since Oct 19, 2023
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Helios Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.42%	0.43%
3 Months	1.27%	1.2%
6 Months	2.62%	2.57%
1 Year	5.51%	5.53%
2 Years	6.06%	6.11%

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Helios Overnight Fund	0.42%	2.62%	5.51%	N.A.	N.A.	N.A.
Mirae Asset Overnight Fund	0.44%	2.71%	5.69%	6.4%	5.49%	3.2%
HSBC Overnight Fund	0.43%	2.7%	5.68%	6.39%	5.48%	3.41%
PGIM India Overnight Fund	0.42%	2.66%	5.63%	6.35%	5.45%	3.26%
Bank of India Overnight Fund	0.43%	2.74%	5.78%	6.46%	5.55%	3.1%
Edelweiss Overnight Fund	0.43%	2.67%	5.62%	6.32%	5.4%	3.29%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Helios Overnight Fund	N.A.	N.A.	N.A.	N.A.
Mirae Asset Overnight Fund	0.16	0.11	0.45	0.92
HSBC Overnight Fund	0.16	0.11	0.38	0.78
PGIM India Overnight Fund	0.16	0.13	0.16	0.34
Bank of India Overnight Fund	0.15	0.12	0.86	1.8
Edelweiss Overnight Fund	0.16	0.11	0.01	0.03

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Helios Overnight Fund	N.A.	291 Cr	2 yrs 3 m	0.14%
Mirae Asset Overnight Fund	N.A.	1,262 Cr	6 yrs 3 m	0.08%
HSBC Overnight Fund	N.A.	3,091 Cr	6 yrs 8 m	0.06%
PGIM India Overnight Fund	N.A.	38 Cr	6 yrs 5 m	0.16%
Bank of India Overnight Fund	N.A.	81 Cr	6 yrs	0.08%
Edelweiss Overnight Fund	N.A.	146 Cr	6 yrs 6 m	0.11%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

About this fund

About Helios Overnight Fund

Helios Overnight Fund Direct - Growth is a Overnight mutual fund scheme from Helios Mutual Fund. This fund has been in existence for 2 yrs 3 m, having been launched on 19/10/2023. Helios Overnight Fund Direct - Growth has ₹291 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Helios Overnight Fund Direct - Growth as of 02/02/2026 is ₹1146.68. The fund has an expense ratio of 0.14%, which is close to what most other Overnight funds charge.

Helios Overnight Fund Direct - Growth returns of last 1-year are 5.53%. Since launch, it has delivered 6.20% average annual returns.

...

Fund AUM	291 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Alok Bahl

Mr. Bahl has done B.Com, PG Diploma in Financial Management and PG Certificate in Business Management from XLRI Jamshedpur He has over 32 years of work experience in the areas of investment. 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.

Utssav Modi

Mr. Modi has done B.Com and CFA Prior to joining Helios AMC, he was with Groww Mutual Fund, Phronesis Capital Ltd, Almondz Global Securities Co. Ltd., A. K. Capital, LKP Securities Ltd. and Karvy Stock Broking Ltd.

Investment objective

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.

Helios Mutual Fund details

No. of schemes	6 view all schemes
Total AUM	7,405 Cr as on Dec 31, 2025
Address	502 B, 5th Floor, The Capital, Plot C70, Bandra Kurla Complex, Bandra East, Mumbai, 400051
Phone	+91 22 67319600

Frequently asked questions

What is the current NAV of Helios Overnight Fund Direct - Growth?

The current Net Asset Value (NAV) of the Helios Overnight Fund - Direct Growth plan is approximately ₹1146.6796 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Helios Overnight Fund Direct - Growth is a 2 yrs 3 m old fund and has delivered average annual returns of 6.16% since inception.

Helios Overnight Fund Direct - Growth Returns

1-Year	Since Inception
5.51%	6.16%

How much does this mutual fund charge as expense ratio?

The Helios Overnight Fund - Direct Growth has an expense ratio of 0.14%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Helios Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 291 Cr as on Dec 31, 2025.

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Helios Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	100.0%

What is risk level of Helios Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Helios Overnight Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Helios Overnight Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Helios Overnight Fund is complete.

How can I redeem my investments in Helios Overnight Fund?

Redeeming your investments in the Helios Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.