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Samco Mutual Fund will launch a thematic fund Samco Active Momentum Fund. The fund aims to deliver risk-adjusted returns by momentum investing in the Indian market.
In a press release, Umesh Kumar Mehta, CIO, Samco MF said, “In momentum investing, active management offers several unique advantages such as a wider investible universe, quicker rebalancing and hedging flexibility during periods of anti-momentum. By investing in stocks exhibiting momentum characteristics, we aim to offer our investors the potential for superior risk-adjusted returns.”
Viraj Gandhi, CEO, SAMCO Asset Management Private Limited, said, “We believe this fund will open new avenues for investors seeking to benefit from momentum investing. With our dedicated team and a robust investment strategy, we are confident in delivering value to our investors."
The fund house said that it will not accept fresh subscription other than SIPs post NFO until further notice.
