Samco Mutual Fund

Samco Mutual Fund is known for its research-led approach to investing, particularly its use of momentum strategies. Its sponsor, Samco Securities, has a history in the broking business, while the mutual fund itself began operations in 2021.

Momentum investing is based on the idea that stocks showing strong price movements may continue to perform well for a period. Rather than buying a company simply because its share price appears inexpensive, a momentum strategy looks for signs of strength, such as rising prices, increased trading activity, and improving market trends.

Samco Active Momentum Fund is a useful example. Launched in July 2023, it uses a data-driven process to identify stocks showing momentum characteristics. The strategy considers price movements, volume, volatility, breakouts, and relative strength when making investment decisions.

This does not mean the fund will always benefit from rising markets. Momentum strategies can struggle when market trends reverse suddenly. A stock that has performed well recently may lose value quickly when investor sentiment changes.

Samco’s investment approach also includes risk-management rules intended to address concerns such as liquidity, concentration, volatility, and the quality of businesses held in its portfolio.

CEO Viraj Gandhi and CIO Umeshkumar Mehta lead the AMC. Mehta also helps manage several of the fund house’s schemes. Other fund managers include Nirali Bhansali, Dhawal Dhanani and Vishal Shinde.

Although Samco Securities has a longer operating history, Samco Mutual Fund is a relatively young AMC. Its earliest schemes began in 2022, so some funds have three years of performance history, while newer offerings still have limited histories.

Samco offers a range of schemes covering different market segments and investment requirements.

Samco Flexi Cap Fund allows investment across companies of different sizes without a fixed allocation to each market-cap segment. Samco Multi Cap Fund, on the other hand, follows the minimum allocation requirements applicable to multi cap funds.

Samco Small Cap Fund focuses on smaller companies, where growth opportunities may come with sharper price fluctuations. Samco Active Momentum Fund takes a different approach, selecting stocks based on momentum characteristics rather than market capitalisation alone.

The hybrid schemes combine different types of investments. Samco Dynamic Asset Allocation Fund adjusts its allocation between equity and debt-related instruments, while Samco Multi Asset Allocation Fund provides exposure across multiple asset classes.

For investors looking at shorter-term debt investments, Samco Overnight Fund invests in overnight securities. Its risk profile differs from that of an equity fund, though returns are not guaranteed.

Samco also offers an ELSS Tax Saver Fund. It has a mandatory three-year lock-in, and eligible investments may qualify for Section 80C deductions under the old tax regime.

Samco Mutual Fund is registered with SEBI under registration number MF/077/21/03. It operates within the regulatory framework applicable to mutual funds in India.

Samco Asset Management Private Limited manages the investments, while Samco Trustee Private Limited oversees the mutual fund’s operations. KFin Technologies Limited acts as registrar and transfer agent, and Deutsche Bank AG is listed as custodian.

These arrangements establish oversight and responsibilities for managing scheme assets. They do not remove investment risk.

The risk differs considerably between Samco’s schemes. Small cap and mid cap funds can also experience substantial volatility, particularly during periods of market uncertainty or reduced liquidity.

Hybrid funds spread investments across different assets, but diversification does not guarantee positive returns. Their performance depends on how the underlying assets behave and how the portfolio is managed.

Samco Overnight Fund invests in instruments with very short maturities and has a lower-risk profile than the AMC’s equity schemes. Even so, it should not be treated as a bank deposit or a guaranteed-return investment.

Before investing, check the scheme’s Riskometer, investment objective, portfolio holdings, and latest disclosure documents.

Samco Mutual Fund’s performance history is still developing. Its earliest schemes were launched in 2022, and several new funds have been operating for considerably less time. This means more schemes have completed three years, but none has a full five-year record as of October 2026.

For the three-year comparison, the figures below are taken from Samco’s official scheme performance disclosures dated 31 August 2026. They represent annualised returns for Direct Plan – Growth Options.

3-year performance comparison

These returns differ substantially because the schemes follow different investment strategies. For example, Samco Active Momentum Fund returned 16.07% annually over the three years, while Samco Flexi Cap Fund returned -0.96%. This does not automatically mean the momentum fund is suitable for every investor. Its investment approach and risk exposure are different.

Samco Overnight Fund’s 5.87% annualised return also should not be compared directly with equity returns without considering its shorter-duration debt investments and different risk profile.

5-year performance comparison

None of these schemes has completed five years as of 8 October 2026. The lack of five-year scheme returns reflects the funds’ age, not their performance quality.

Investors can still examine shorter-period returns, portfolio changes, expense ratios, and how individual schemes have performed against their stated benchmarks.

You must note that past performance may or may not continue in the future. Therefore, use it as one part of your research rather than a guarantee of future returns.

There is no single Samco scheme that will suit every investor. The right choice depends on your financial goals and how much investment risk you are comfortable taking.

• Financial goals: Start with what you’re investing for. A long-term wealth-building goal may require a different approach than money you expect to use within the next year. Choose a scheme whose investment objective matches your requirement.
• Investment horizon: Equity funds can experience extended periods of volatility. If you’re considering Samco Active Momentum Fund or a small cap fund, think about whether you can remain invested through market fluctuations.
• Risk appetite: Look at how the scheme invests, not just its recent returns. Momentum, small cap, and multi cap strategies can behave differently during changing market conditions. The Riskometer can help you understand the level of risk involved.
• Scheme category: Compare funds within relevant categories before making a decision. A flexi-cap fund, an arbitrage fund and an overnight fund serve different purposes, so their returns should not be assessed in isolation.

Once you’ve narrowed down the category, review the expense ratio, portfolio holdings, investment process, and fund management team.

It is also worth checking whether a new scheme would overlap significantly with investments you already hold.

If you’ve shortlisted a Samco mutual fund, you can invest through Millions. Here’s how to get started:

1. Download the Millions app from the Google Play Store or the iOS App Store. Create an account and complete your KYC.
2. Open the MF section on the dashboard.
3. Search for ‘Samco Mutual Fund’.
4. Browse the available schemes and select the one you’re interested in.
5. Review its investment objective, historical performance, expense ratio, portfolio holdings, Riskometer, and fund managers.
6. Choose the available SIP or one-time investment option.
7. Enter your investment amount, check the transaction details and proceed with the payment.

Minimum investment requirements differ between schemes. For example, Samco ELSS Tax Saver Fund has a published minimum initial investment of Rs. 500. Several other schemes, including Samco Flexi Cap Fund and Samco Active Momentum Fund, have published initial lump-sum minimums of Rs. 5,000.

SIP minimums may be lower, and some schemes may have restrictions on fresh subscriptions. Check the latest scheme information and transaction availability before investing.

You can also use the SIP calculator available in the Tools section on Millions.

Suppose you’re considering investing Rs. 6,000 every month for 12 years. Enter the monthly amount, investment period, and assumed rate of return to estimate how much your investment could grow.

The calculator illustrates, not a guaranteed future value. Actual mutual fund returns depend on market conditions and may be higher or lower.

Before investing, make sure you understand what the scheme holds, how its strategy works, and whether the investment amount fits your budget.