NFO Alert: Samco Mutual Fund Announced Multi Asset Allocation Fund
Samco Mutual Fund, which is an Asset Management Company (AMC), offers various mutual fund schemes that help investors grow their wealth through professionally managed portfolios. Samco Mutual Fund Announced Multi Asset Allocation Fund.
This particular scheme of NFO is going to open for application on 4th December 2024 and close on 18th December 2024. and this scheme will be again open for continuous repurchase and sale on January 1.
This fund is mainly designed to invest in equity, exchange-traded, fixed-income instruments, commodity derivatives, units of gold and silver ETFs, and units of REITs and InviTs in order to balance long-term capital growth and income generation. The performance of the scheme would be benchmarked against the composite index comprising 65% Nifty 50 TRI, 20% CRISIL Short Term Bond Fund Index, +10% Domestic Price of Gold, and +5% Domestic Price of Silver.
This scheme will be handled by the team of professionals Nirali Bhansali, Umeshkumar Mehta, and Dawal Ghanshyam Dhanani.
Investors may start investing in a lump sum with a minimum investment amount of Rs.5,000 and additional investment in multiples of Re. 1. And for SIPs (systematic investment plans), investors may start investing at Rs.500 per month with 12 instalments minimum.
The fund adopts the model of allocation, which has flexibility between equity, debt, and commodity assets depending on market conditions. Units will be available at Rs.10 per unit throughout the NFO period.
Why to Choose Samco Multi Asset Allocation Fund?
The Samco Multi Asset Allocation Fund will be providing a multi-pronged strategy for investors to gain exposure to multiple asset classes within a single fund. Its diversified portfolio approach would offer better risk-adjusted returns across changing market conditions.
This scheme will be suitable for investors who are seeking a balanced and flexible investment option that uses equity, fixed income, and commodities. Investors first review the scheme details and should consult with their financial advisors.
