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 Umeshkumar Mehta, Dhawal Dhanani, Nirali Bhansali, Vishal Shinde. The fund could potentially beat inflation in the long-run.

1. Samco Active Momentum Fund has ₹775 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
2. The fund has an expense ratio 2.1.
   

Samco Active Momentum Fund has given a CAGR return of 15.06% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 14.20% and 14.22% respectively.

Samco Active Momentum Fund has allocated its funds majorly in Cash Equivalent, Industrial, Tech, Financial Services, Health, Consumer Cyclical, Basic Materials, Utilities, Communication, Consumer Defensive, Energy. Its top holdings are Sterlite Technologies Ltd, Religare Enterprises Ltd, Welspun Corp Ltd, Laurus Labs Ltd, Shilpa Medicare Ltd

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 250.00. Samco Active Momentum Fund has no lock in period.