Samco Mid Cap Fund - Direct Growth

Mid Cap companies are the 101^st-250^th companies in terms of market capitalization. Mid Cap Funds are those equity-oriented funds that invest primarily in mid cap companies.

It is a strategy to invest in stocks which are showing relatively stronger 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 continue to perform well in the future, and stocks that have performed relatively poorly continue to perform poorly. The momentum strategy aims to buy high, sell higher or alternatively aims to cut your losses and hold on to stocks that are relatively performing better.

Momentum works due to behavior biases of the investors in the financial markets. Investors usually are not always rational, they have limits to their control over their emotions and are influenced by their own biases such as loss aversion, regret, anchoring and disposition biases. Because of all these human biases, there exists a potential opportunity in the momentum space which can be assumed to be more consistent and time-tested strategy to make an alpha in the stock market. However, investors should consult their financial advisor before investing.

Samco Mid Cap Fund uses a cutting-edge momentum-based strategy with SAMCO's proprietary C.A.R.E. Momentum system to deliver superior risk-adjusted returns. It identifies mid cap stocks with strong momentum in Cross Sectional, Absolute, Revenue, and Earnings Momentum. These parameters ensure that the portfolio remains optimized by focusing on mid cap stocks from the companies ranked between 101-250 by market capitalization, as defined by the AMFI, that exhibit robust momentum traits.

Samco Mid Cap Fund uses C.A.R.E Momentum Strategy which invests in mid cap stocks that are showing momentum characteristics in Cross Sectional, Absolute, Revenue, and Earnings Momentum to deliver superior risk-adjusted returns. The fund will invest between 65%-100% of assets in companies between rank 101-250 by market capitalisation, also referred to as Mid Cap companies. The fund also has the flexibility to invest 0-35% of assets in companies other than mid-caps or international stocks or in debt/money market instruments. The scheme may use derivatives instruments for purposes of hedging up to 80% of net assets and shall not exceed 50% of net assets for other than hedging purposes. To know in detail please read the SID.

The minimum investment amount for lumpsum is ₹5,000 and in multiples of ₹1/- thereafter and for Systematic Investment Plan (SIP) During NFO it is ₹250 and in multiples of ₹1/- up to ₹1,000 – 12 installments OR ₹1,000/- and above in multiples of ₹1/ - 6 installments.

The fund will be jointly managed by Mr. Umeshkumar Mehta, Mrs. Nirali Bhansali, Mr. Dhawal Ghanshyam Dhanani and Mr. Vishal Shinde.

The benchmark for this scheme is the Nifty Midcap 150 Total Returns Index.