myplexus

NFO Monitor

Fund Fact

Name of Funds:

Samco Active Momentum

Opening:

15th June 2023

Closing:

29th June 2023

Minimum Investment:

Rs. 5,000 and in multiples of Re.1/- thereafter

Plan:

Regular and Direct

Options:

Growth

Entry Load:

Not Applicable

Exit Load:

2.00% if the investment is redeemed or switched out on or before 365 days from the date of allotment of units, 1.00% if the investment is redeemed or switched out after 365 days but on or before 730 days from date of allotment of units.

Fund Stats

Objective:

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.

Benchmark:

NIFTY 500

Fund Manager:

Paras Matalia, Dhawal Ghanshyam Dhanani

Asset Allocation

80-100% Equity upto 20% Money Market

upto 20% Debt Nil Others

Comparable existing schemes

Bandhan Infrastructure Fund	16.99(6M)	43.68(1Y)
HDFC Banking and Financial Services Fund	6.57(6M)	35.84(1Y)

Fund Prognosis

Idea Distiller

The first active managed momentum tracking fund. From a huge list of companies tracked. Great idea.

Fund House AAUM:
Rs. 78104.55 Lakhs (as on 31st March 2023)
Fund Manager:
Combined experience of above 6 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

If you are looking for oomph there is lots of it. But a pure NFO play with no scope for investing later on is far too big a risk.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028