Samir Arora Helios Capital

The ace fund manager was reacting on 'X' to a Business Standard story that quotes a Reserve Bank of India (RBI) data on gross FDI flows into the country in FY24

SAMIR ARORA, founder and fund manager of Helios Capital, is on the cusp of launching a mutual fund (MF) business in India

Helios Capital has received capital markets regulator Sebi's in-principle approval to launch a mutual fund business. Helios Capital Management PTE Limited, which is the business of portfolio management services, applied for a mutual fund license with the Securities and Exchange Board of India (Sebi) in February 2021. "I am very pleased to share that Sebi has granted Helios Capital in-principle approval to sponsor Helios Mutual Fund. We deeply respect this approval & will work hard to offer mutual funds for retail investors, focusing on performance & service," Samir Arora, the main founder and fund manager at Helios Capital, announced on Twitter. After quitting Alliance Capital almost 20 years ago, Arora is re-entering the 43-player mutual fund industry. He was the Chief Investment Officer of Alliance Capital's Indian mutual fund business. The company has joined entities like Zerodha, Samco Securities and Bajaj Finserv that received Sebi's go-ahead to launch mutual fund ...

'I see the second half of 2021 as more of a consolidation period at the index level', said Samir Arora

FDI in the insurance sector is very realistic, says Samir Arora

Arora believes the next few triggers for the markets have to be related to opening up the economy and the strength or otherwise of the underlying recovery

Market experts believe 2020 could be the comeback year for mid- and small-caps.

Right now, the rupee and oil prices are strengthening the investment case for India with signs that the rupee's weakness has run its course and oil prices having corrected sharply, Arora says