Samco Active Momentum Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-11-2024
₹ 14.51
▲0.9%
1D
Inception Returns
32.1%
/yr
About Samco Active Momentum Fund Direct Growth
Samco Active Momentum Fund Direct Growth is an equity fund. This fund was started on 12 July, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Samco Active Momentum Fund Direct Growth has ₹850 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Samco Active Momentum Fund Direct Growth has given a CAGR return of 32.08% since inception. Over the last 1 year the fund has given a CAGR return of 31.36%.
Holdings
Samco Active Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Industrial, Financial Services, Consumer Cyclical, Tech, Communication, Basic Materials, Consumer Defensive, Utilities, Real Estate, Energy. Its top holdings are Wockhardt Ltd, Religare Enterprises Ltd, Swan Energy Ltd, Trent Ltd, Dixon Technologies (India) Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Samco Active Momentum Fund Direct Growth
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit positive price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Samco Active Momentum Fund Direct Growth has no lock in period.
Historical NAV & Returns
Samco Active Momentum Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹850 Cr |
| Inception Date | 12 July, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 242.38% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -3.33% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 3.19% in Oct'24
- AUM of the fund stands at 881.4 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Industrial, Health & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 Tips Music Ltd | 16.2% |
 Wockhardt Ltd | 11.1% |
 Kirloskar Pneumatic Company Ltd | 10.4% |
Samco Active Momentum Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹850 Cr
Expense Ratio 0.86%
Frequently Asked Questions for Samco Active Momentum Fund Direct Growth
Samco Active Momentum Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.88% | -1.88% |
6 Month Returns | 10.17% | 10.17% |
1 Year Returns | 31.36% | 31.36% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Samco Active Momentum Fund Direct Growth | 6.15 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Samco Active Momentum Fund Direct Growth | 0.92 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Samco Active Momentum Fund Direct Growth | 1.66 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Samco Active Momentum Fund Direct Growth | 17.73 | - | - |