NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹14.23
0.28%
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity other
equity
29.95%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
32.92%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 881.44 Cr fund under management as on Nov 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 29.9% annual returns during the last year. It has delivered 32.9% 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
- Dhawal Dhanani (Jul 2023 - Present)
- Paras Matalia (Jul 2023 - Present)
- Umeshkumar Mehta (Aug 2023 - Present)
Key Information
View Scheme Document
Samco Active Momentum Fund Growth SIP Calculator
If invested
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
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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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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Frequently Asked Questions
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