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SAMCO ACTIVE MOMENTUM FUND FLOATS ON

Published on May 16, 2023 12:45

Samco Mutual Fund has launched a new fund named as Samco Active Momentum Fund.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Equity Scheme - Sectoral/ Thematic

The scheme has two plans: regular plan and direct plan, each plan offers growth option.

The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.

The additional application amount is Rs 500 and in multiples of Re. 1/- thereafter.

Load structure: Entry 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.

� No Exit Load will be charged if investment is redeemed or switched out after 730 days from the date of allotment of units.

Benchmark Index for the scheme is Nifty 500 TRI

The fund manager of the scheme is Mr. Paras Matalia Fund Manager & Head Research - Equity and Mr. Dhawal Ghanshyam Dhanani (Dedicated Fund Manager for overseas investments)

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