Publish Date:
Samco Mutual Fund has launched Samco Multi Cap Fund
It is an open-ended scheme investing across large cap, midcap and small cap stocks
Multi-cap funds have emerged as a popular choice for investors looking to diversify their portfolios across various market capitalizations. These funds are designed to invest in a mix of large-cap, mid-cap, and small-cap stocks, providing exposure to different segments of the market.
Amidst the current market situation, many multi-cap funds have demonstrated resilience. Some funds have outperformed their benchmarks, thanks to proactive management strategies and a well-timed selection of stocks. Investors are increasingly recognizing the importance of having a diversified portfolio that can weather market fluctuations.
[Read: Best Multi Cap Funds for 2024 - Top Performing Multi Cap Mutual Funds in India]
The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of equity and equity related securities of large cap, midcap and small cap companies. There is no assurance that the investment objective of the scheme will be achieved.
Under normal circumstances, Samco Multi Cap Fund will hold an allocation of 25% to 50% in Equity & Equity related instruments of Large Cap stocks, 25% to 50% in Equity & Equity related instruments of Mid Cap stocks, 25% to 50% in Equity & Equity related instruments of Small Cap stocks 0% to 25% in Foreign Securities and 0% to 25% in Debt & Money Market Instruments
Samco Multi Cap Fund will follow active investment strategy which employs a unique and balanced investment strategy designed to optimize returns across various market segments. The strategy is built around pre-dominantly equal weight across four key components – Large Caps, Mid-Caps, Small Caps and floating exposure to small caps/foreign securities/debt, ensuring diversified exposure to different market capitalizations.
While the SAMCO Multi Cap Fund primarily adheres to a structured 4-in-1 investment strategy, allocating 25% each to large caps, mid-caps, small caps, and floating exposure for the balance 25%, it recognizes the necessity for flexibility in exceptional market conditions.
In scenarios such as a bear market, the fund may exercise tactical deviations from its equal weight strategy to safeguard investor capital and optimize returns.
Samco Multi Cap Fund is benchmarked against the Nifty 500 Multicap 50:25:25 Total Returns Index
Samco Multi Cap Fund will be managed by Mr Paras Matalia and Mr Umeshkumar Mehta, Mr Dhawal Ghanshyam Dhanani.
Samco Multi Cap Fund is open for subscription from October 10, 2024 to October 24, 2024. The fund will reopen for continuous sale and repurchase Within 5 business days from the date of allotment of units under NFO
The minimum subscription amount is Rs 5,000/- and in multiples of Re. 1 thereafter.
The fund offers Direct Plan and Regular Plan. Under each plan the fund offers Growth option only.