Samco Mutual Fund Introduces Samco Flexi Cap Fund
Samco Mutual Fund (MF) has launched an open ended equity scheme – Samco Flexi Cap Fund.
It is an open-ended dynamic equity scheme investing across large cap, mid cap & small cap stocks.
Accordingly, the investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio of Indian & foreign equity instruments across market capitalisation.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Under normal circumstances, 65% to 100% of the funds portfolio will be invested in Indian Equity across market capitalization i.e. largecap, midcap and smallcap companies. It can invest 0% to 35% of its assets in Foreign securities.
The scheme may also invest upto 35% of its assets in Tri-party Repo (TREPS) through CCIL.
As per the Scheme Information Document (SID), Samco Flexi Cap Fund aims to generate long term capital appreciation by investing in a dynamic mix of equity and equity related instruments across market capitalizations.
The Scheme would invest in companies based on various criteria including sound professional management, track record, industry scenario, growth prospects, liquidity of the securities, etc. The Scheme will emphasise on well managed, good quality companies with above average growth prospects. There will be no particular bias towards any market cap size or any sector. The Scheme may also invest a certain portion of its corpus in foreign securities.
