|
Fund Name
|
Ratings
 |
Risk
|
3Y Returns
|
AUM
|
|
|---|---|---|---|---|---|
|
Samco Dynamic Asset Allocation Fund Direct Plan IDCW Payout Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
0% |
₹604.66 cr. |
||
|
Samco Multi Asset Allocation Fund Direct Plan Growth Hybrid Multi Asset Allocation |
Very High |
0% |
₹0.00 cr. |
||
|
Samco Dynamic Asset Allocation Fund Direct Plan IDCW Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
0% |
₹604.66 cr. |
||
|
Samco Multi Cap Fund Direct Plan Growth Equity Multi Cap Fund |
Very High |
0% |
₹354.14 cr. |
||
|
Samco Dynamic Asset Allocation Fund Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
0% |
₹604.66 cr. |
||
|
Samco Special Opportunities Fund Equity Sectoral / Thematic |
Very High |
0% |
₹193.16 cr. |
||
|
Samco Flexi Cap Fund Equity Flexi Cap Fund |
Very High |
0% |
₹601.68 cr. |
||
|
Samco Overnight Fund Debt Overnight Fund |
Low |
0% |
₹61.06 cr. |
||
|
Samco ELSS Tax Saver Fund Equity ELSS |
Very High |
0% |
₹121.84 cr. |
||
|
Samco Active Momentum Fund Equity Sectoral / Thematic |
Very High |
0% |
₹874.03 cr. |
||
|
Samco Arbitrage Fund Direct Plan Growth Hybrid Arbitrage Fund |
Low |
0% |
₹16.88 cr. |
Samco Mutual Fund is sponsored by Samco Securities Limited, which is a wealth technology start-up. Samco Group entered capital markets in 1993 under the name Samruddhi Stock Brokers Limited, and in 2015, Jimeet Modi, Group CEO, rebranded it as Samco Securities. Samco Group is into various businesses like mutual fund distribution, stock broking, asset management, capital market lending and advisory. It is one of the most profitable discount brokers, with more than 2.5 lakh customers. The company is headquartered in Mumbai, India.
Samco works with a mission to offer its retail investors entrance to refined financial technology, which can help them grow wealth at a lower price.
Samco Group established their asset management company, Samco Mutual Fund, in 2021 and launched its first NFO in January 2022. As of July 31, 2023, they have Assets Under Management (AUM) worth over ₹1,200 crore and more than 20,000 partners. As a sponsor, Samco Securities Limited is required to fulfil its duties and obligations towards the fund in compliance with the Securities and Exchange Board of India (Mutual Funds) Regulations. Samco Trustee Private Limited is the trustee of the Samco Mutual Fund.
Samco MF aims to provide products that are determined to generate superior risk-adjusted returns over the long term. Also, Samco Asset Management Company is the first AMC in India to voluntarily disclose daily active shares as part of its promise to be a really active asset manager.
| Founding date | July 30, 2021 |
| AMC Incorporation date | December 6, 2019 |
| Headquarters in | Mumbai |
| Name of the sponsors | Samco Securities Limited |
| Trustee organisation | Samco Trustee Private Limited |
| CEO | Viraj Gandhi and Umesh Kumar Mehta |
| Compliance Officer | C. Balasubramanian |
DD
Dhawal Ghanshyam Dhanani
Fund Manager since Oct 2022 (2 years)
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Mr. Dhawal Dhanani is a B.Com. graduate from Narsee Monjee College of Comemrce and Economics and a C.A. He started as an equity research analyst at Samco Securities Ltd and is currently the Fund Manager of Overseas Investments there. He has over 4 years of work experience in this field.
NB
Nirali Bhansali
Fund Manager since Nov 2022 (2 years)
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Ms. Nirali Bhansali has an MBA in Finance from K. J. Somaiya Institute of Management. She started out as a senior analyst at Samco Securities Ltd., has been the Head of Equity Research and is currently a Fund Manager - Equity there. Earlier, she had worked at Aranca and Value Quest Investment Advisers Pvt. Ltd.
PM
Paras Matalia
Fund Manager since May 2024 (7 months)
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Paras Matalia is the Fund Manager & Head of Equity Research at Samco Mutual Fund, where he developed the HexaShield framework and MosDex algorithms. He began his career at Samco Securities. Matalia is a Chartered Accountant and holds a bachelor's degree from R.A. Podar College of Commerce and Economics.
Investing in the Samco Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps:
Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.
Note: In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents.
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.
| Name of the Fund | AUM (₹ in crore) | Minimum Investment (₹) | Absolute Returns 1Y (%) |
| Samco Flexi Cap Fund | 768.25 | 5,000 | 16.30 |
| Samco Active Momentum Fund | 430.69 | Not allowed | – |
| Samco ELSS Tax Saver Fund | 65.93 | 500 | – |
| Samco Overnight Fund | 37.36 | 5,000 | – |
**All data as of October 11, 2023.
Note: These 4 funds from Samco Mutual Fund are sorted as per their AUM.
This fund from Samco Mutual Fund comes under the category of flexi-cap funds. The fund manages assets worth ₹768.25 crore and has an expense ratio of 0.82%. The minimum investment required to invest in this fund is ₹5,000. Flexi-cap funds invest in a diversified portfolio of equities across market caps. They offer flexibility to the fund manager to choose stocks based on market conditions and growth potential.
Samco Active Momentum Fund falls under the thematic fund category. The fund has assets worth ₹430.69 crore and has an expense ratio of 0.95%. Thematic mutual funds invest in stocks that are linked to a particular theme.
As the name suggests, the Samo ELSS Tax Saver Fund falls under the category of Equity Linked Savings Scheme (ELSS) fund. The fund holds assets worth ₹65.93 crore, and the expense ratio for this fund is 0.89%. The minimum investment required to invest in this fund is ₹500. ELSS funds primarily invest in equity and equity-related securities and provide tax benefits.
This overnight fund from Samco Mutual Fund holds assets worth ₹37.36 crore, and the expense ratio for this fund is 0.10%. The minimum investment required to invest in this fund is ₹5,000. Overnight funds invest in very short-term debt instruments with a maturity of one day.
You can do this in three ways - by visiting https://www.angelone.in/mutual-funds, the Angel One App or the AMC’s official website.
Getting the Samco Mutual Fund account statement is simple. Head to the Mutual Funds section in the Angel One App or visit https://www.angelone.in/mutual-funds. Alternatively, you can get the statement by visiting the AMC’s official website.
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