Samco Dynamic Asset Allocation Fund Direct Growth

Samco Dynamic Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 4 January, 2024. The fund is managed by . This fund gives you the benefit of diversification.

1. Samco Dynamic Asset Allocation Fund Direct Growth has ₹613 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Samco Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 7.99% since inception. Over the last 1 year the fund has given a CAGR return of 7.84%.

Samco Dynamic Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Health, Government, Tech, Communication, Real Estate, Consumer Defensive, Basic Materials, Energy, Utilities.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Scheme is to generate income/long-term capital appreciation by investing in equity, equity derivatives, fixed income instruments and foreign securities. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing downside risk.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Samco Dynamic Asset Allocation Fund Direct Growth has no lock in period.