NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Samco Active Momentum Fund Growth for NRI [15.51]

Min Investment

5,000

Fund Size

850.06 Cr

Expense Ratio

2.3%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

15.51

0.39%

NAV as on 10 Dec 24, 12:00 AM

very high risk

equity other

equity

NAV as on 10 Dec 24, 12:00 AM

very high risk

equity other

equity

30.67%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

32.83%p.a.

Since Inception

About Samco Active Momentum Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Samco Active Momentum Fund Growth scheme from Samco Asset Management Pvt Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jul 2023, Samco Active Momentum Fund Growth is Equity - Other fund of its category with 850.06 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Samco Active Momentum Fund Growth delivered 30.7% annual returns during the last year. It has delivered 32.8% average annual returns since the fund was launched.
  • Samco Active Momentum Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit positive price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

Wockhardt Ltd

9.42%

Religare Enterprises Ltd

5.22%

Swan Energy Ltd

4.76%

Trent Limited November 2024 Future

4.61%

Trent Ltd

4.58%

Future on Dixon Technologies (India) Ltd

3.19%

Dixon Technologies (India) Ltd

3.18%

Tips Music Ltd

2.58%

Power Finance Corp Ltd

2.54%

Marathon Nextgen Realty Ltd

2.10%

Fund Managers

  1. Dhawal Dhanani (Jul 2023 - Present)
  2. Paras Matalia (Jul 2023 - Present)
  3. Umeshkumar Mehta (Aug 2023 - Present)

Key Information

View Scheme Document

Samco Active Momentum Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Samco Active Momentum Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Samco Active Momentum Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Samco Active Momentum Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions