SAMCO Multi Cap Fund NFO Launch: Samco Asset Management Company has launched a new multi cap mutual fund, which will give investors the opportunity to invest in stocks of different market caps. The interesting thing about this New Fund Offer (NFO) of SAMCO is its 4-in-1 investment strategy, through which it is claimed to give better returns while keeping the risk balanced. The New Fund Offer (NFO) of this fund is starting from 10 October 2024 and will remain open till 24 October 2024.
SAMCO Multi Cap Fund’s 4-in-1 Strategy
The specialty of SAMCO Multi Cap Fund is its unique 4-in-1 strategy, which makes it different from other multi cap funds. The objective of this fund is to invest the investors’ capital by dividing it equally in 4 different categories, so that the risk can be reduced and the returns can be better.
– 25% investment in large caps
– 25% investment in mid cap
– 25% investment in small caps
– 25% investment in companies outside Nifty500, which are also called Micro Cap.
Also read: HDFC MF’s Multibagger Scheme, how to make a fund of Rs 5 crore from SIP of Rs 4000? Investing only in big companies
Big things about NFO
– Subscription in NFO will start: 10 October 2024
– Subscription in NFO will close: 24 October 2024
– Fund Type: Multi Cap Fund
– Benchmark: Nifty 500 Multicap 50:25:25 Total Returns Index
– Risk Level: Very High
– Fund Manager: Paras Matalia, Dhawal Dhanani
– Minimum application amount: Rs 5000 and thereafter in multiples of Rs 1.
– Minimum additional application amount: Rs 500 and in multiples of Rs 1 thereafter.
– Minimum SIP amount: Rs 500 and thereafter in multiples of Re 1.
Exit Load:
-
10% of the units can be redeemed without any exit load within 12 months of allotment.
-
1% exit load on redemption of more than 10% units within 12 months of allotment
-
No exit load on redemption or switching after 12 months of allotment.
Also read: NFO Alert: Subscription opened in NFO of Kotak Mutual Fund, opportunity to participate in the growth of multinational companies.
On investment in this NFO Why think?
– Allocation into Large Cap, Mid Cap, Small Cap and Micro Cap: Apart from large cap, mid cap and small cap, SAMCO Multi Cap Fund also invests in small stocks (Micro Cap) which are not included in Nifty500. This takes advantage of emerging opportunities.
– Proprietary Stock Selection Model: SAMCO has its own stock selection model, which selects promising stocks and helps in risk management.
– Hedging Strategy: When the market goes down, this fund resorts to hedging to reduce the risk of investors.
– Dynamic Rebalancing: This ability of the fund enables it to change its portfolio as per the market conditions, so as to ensure better returns.
Also read: Mutual Fund Investment: How to choose the right scheme in the crowd of Momentum Index Funds, what is the best option for you?
Focus on wealth creation and investment protection
Viraj Gandhi, CEO, SAMCO Asset Management Company, said, “Our multi cap fund will provide investors with long-term wealth creation opportunities in the multi cap segment with a focus on downside protection.” Umesh Kumar Mehta, CIO, SAMCO, said, “Our Multi Cap Fund will focus on research and data-driven strategies. The specialty of this fund is that it will identify opportunities in different market segments as well as equity exposure during market downtrends. “Attention will also be given to reducing.”
Also read: NSE Fraud Alert: NSE cautions investors, beware of false circulars being sent in the name of NSE Clearing.
Take a decision considering the risk
Multi cap funds are becoming increasingly popular among common investors in the country. There has been a growth of 84.54% in this segment in the last three years. Multi cap funds have a balance of large, mid and small caps and are considered a good investment option for the long term. In such a situation, SAMCO’s new NFO can be the right option for those investors who are interested in multi cap for long term investment and are ready to take the risk associated with investing in equity to get better returns. It is always better to invest in equity funds for a long term and through Systematic Investment Plan (SIP). But before taking any investment decision, the risks associated with it should be understood thoroughly.
(Disclaimer: The purpose of this article is only to provide information and not to advise investment in any fund. Investments made in equity mutual funds are directly affected by the ups and downs of the stock market. Any investment decision should be taken by your investment advisor. Do it only after taking advice from.)