Samco Mutual Fund
Samco Mutual Fund
Introduction to Samco Mutual Fund
Samco Mutual Fund, part of the Samco Group (which also includes Samco Securities, a discount broker), is a relatively newer entrant to the Indian asset management industry, having received its final approval from SEBI in July 2021. Despite being newer, Samco Mutual Fund has quickly distinguished itself with a unique and technology-driven investment philosophy centered around "stress-tested investing."
Their core philosophy revolves around three key principles:
- Buying Efficient Companies: Identifying companies that are robust and can perform well even under challenging market conditions.
- At Efficient Prices: Ensuring that these quality companies are bought at reasonable valuations.
- Maintaining Efficient Portfolio Turnover: A dynamic approach to portfolio management to capture opportunities and manage risk effectively.
Samco Mutual Fund leverages proprietary models like "HexaShield" and "DISRUPTION" to rigorously test and select companies that can withstand various economic and market pressures. They aim to deliver superior long-term risk-adjusted returns and are notably the first AMC in India to voluntarily disclose their Daily Active Share, highlighting their commitment to truly active management and non-index hugging strategies.
Fund Managers
Samco Mutual Fund operates with a team of experienced professionals in its investment management. Key individuals include:
- Mr. UmeshKumar Mehta: Executive Director, CIO & Fund Manager. He has over 25 years of experience in Indian Capital Markets and oversees investment strategies across diverse portfolios, emphasizing a data-driven approach.
- Mr. Viraj Gandhi: Chief Executive Officer (CEO).
- Mr. Pankit Shah: Chief Business Officer.
- Mr. Sachin Shetty: Head – Operations.
- Mr. Sadath Ali Khan: Head Investor Services.
- Mr. C. Balasubramanian: Company Secretary & Compliance Officer.
Other fund managers contributing to specific schemes include Mrs. Nirali Bhansali (Equity), Mr. Paras Matalia (Fund Manager & Head of Equity Research), and Mr. Dhawal G. Dhanani (Equity). The team emphasizes a disciplined, research-driven approach guided by their proprietary frameworks.
Scope of Samco Mutual Fund
The investment scope of Samco Mutual Fund is characterized by its innovative and disciplined approach, aiming to provide differentiated investment solutions:
- Stress-Tested Investing: This is their hallmark. They use proprietary frameworks like "HexaShield" to evaluate companies based on their ability to withstand adverse economic scenarios, maintain strong cash flows, and generate high returns on capital.
- High Active Share: Samco Mutual Fund aims to truly be an "active" fund house, taking significant deviations from benchmark indices to generate alpha (returns above the benchmark). Their daily disclosure of active share reinforces this commitment.
- Thematic and Special Opportunities: They identify and capitalize on "special situations" in the market, driven by factors like technological disruption, regulatory changes, corporate restructuring, and emerging trends (via their "DISRUPTION" model).
- Market Cap Agnostic: Many of their funds are designed to be flexible across market capitalizations (large, mid, and small-cap), allowing them to pursue opportunities wherever they arise.
- Digital-First Approach: Samco emphasizes a robust digital platform for investors, making it easier to explore schemes, initiate SIPs, and monitor performance.
- Diversified Offerings: While focused on their unique strategies, they offer funds across equity, debt, and hybrid categories to cater to various investor risk profiles and goals.
List of All Funds with Brief Explanation
Samco Mutual Fund has a focused set of schemes, each built around their core investment principles. Here are some of their prominent funds:
Equity Funds:
- Samco Flexi Cap Fund: An open-ended dynamic equity scheme that invests across large-cap, mid-cap, and small-cap stocks. It aims to generate long-term capital growth from an actively managed portfolio of Indian and foreign equity instruments, based on Samco's efficient company and price philosophy.
- Samco Special Opportunities Fund: This fund is built on their proprietary "DISRUPTION" Model. It seeks long-term capital appreciation by investing in securities involved in special situations such as restructurings, turnarounds, spin-offs, mergers & acquisitions, new trends, new & emerging sectors, digitization, premiumization, and other disruptive themes. It is market-cap agnostic.
- Samco Active Momentum Fund: This scheme invests in stocks that exhibit strong price momentum and/or earnings growth, aiming to capitalize on price leaders. It typically buys stocks with strong price breakouts and exits when price weakness is observed.
- Samco ELSS Tax Saver Fund: An Equity Linked Savings Scheme (ELSS) that offers tax benefits under Section 80C. It invests in a diversified portfolio of equities, with a focus on companies that pass their "HexaShield" stress tests.
- Samco Multi Cap Fund: This fund provides diversified exposure by investing a minimum of 25% each in large-cap companies, mid-cap companies, small-cap companies, and companies beyond the Nifty 500, following a "4-in-1" approach with adaptive portfolio allocation.
- Samco Large Cap Fund: Focuses on investing in equity and equity-related instruments of large-cap companies, aiming for stability with growth potential based on their C.A.R.E. Momentum Strategy.
- Samco Large & Mid Cap Fund: Invests in a combination of large-cap and mid-cap companies, with specific minimum allocations to both categories, seeking long-term capital appreciation.
Hybrid Funds:
- Samco Dynamic Asset Allocation Fund: Built on their proprietary "TRANSFORMER" model, this fund dynamically allocates assets between equity and debt based on primary market trends and mean reversion indicators, aiming to provide long-term capital appreciation while managing downside risk.
- Samco Multi Asset Allocation Fund: A unique fund that uses the "R.O.T.A.T.E." model to dynamically allocate capital among equity, debt, and gold, depending on market conditions and the attractiveness of each asset class.
- Samco Arbitrage Fund: A low-risk hybrid strategy fund that aims to generate stable returns by capitalizing on arbitrage opportunities between the cash and futures markets for equities.
Debt Funds:
- Samco Overnight Fund: Invests predominantly in overnight securities (like TREPS), aiming to provide reasonable returns commensurate with very low risk and high liquidity for short-term capital parking.
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