SAMCO Mutual Fund: Great Investment Opportunity! Invest In Shares and Other Assets in Less Time and Get High Returns

Samco Mutual Fund is India's new Mutual Fund which was formed in 2021 to create wealth for Indian investors. It offers financial technology for wealth growth at lower costs. Investors can choose as per their needs and objectives from various schemes available. Mutual fund provides higher return than banks do but there is slight risk.

What is Mutual Fund?

A mutual fund is a company that collects money from many investors and invests the collected money in securities such as stocks, bonds etc. The total holdings of the mutual fund are known as its portfolio. Investors buy units in mutual funds. Each unit presents a part of ownership in the fund and the income it earns. Fund managers are responsible to check the portfolio and managing these pooled investments.

What to Check before Selecting a Scheme?

Each mutual fund company provides multiple schemes to cater different objectives and goals of investors. The objective may be investment growth, regular income or anything else. Based on assets class mutual fund can be divided majorly as equity fund, debt fund Money market fund, and hybrid fund. Each type of fund carries different return and risk. Equity fund provides higher return and higher risk, debt fund offers low risk with considerable return. Hybrid fund provides combination of both.

Schemes Available With Samco Mutual Fund

There are a lot of schemes available with Samco for investors.Investors can choose as per their needs. Some popular schemes are as follows:

Multi Cap Fund: This fund holds at least 75% of their assets in equity and equity related instruments at any point in time. The portfolio must allocate at least 25% of its assets to large-cap, 25% to mid-cap, and another 25% to small-cap stocks.
Special Opportunities Fund: It is an open-ended equity scheme. It invests in a portfolio of securities that are involved in special situations such as restructurings, turnarounds, spin-offs, mergers & acquisitions, new trends, and other special corporate actions which has the potential to create superior long-term risk adjusted returns.
Large Cap Fund: Large cap companies are ranked 1st to 100th in terms of market capitalization. This fund invests at least 80% of funds in large cap companies.
Active Momentum Fund: This fund invests in stocks that exhibit momentum characteristics and sell those stocks when those stocks lose momentum.
ELSS Tax Saver Fund: Equity Linked Saving Scheme (ELSS), also known as tax-saver fund, is an open ended equity mutual fund scheme that invest primary in equity related products. However, these ELSS mutual funds have a three-year mandatory lock in perod which is the shortest lock in period if compared to all other products that are available under Section 80C of the Income Tax Act, 1961.

Samco Mutual Fund provides different schemes to invest indirectly in shares, debentures and other financial assets to investors. Mutual fund saves time and efforts of investors as the fund is managed by experts.