India – July 11, 2023 – The NFO of Samco Active Momentum Fund was launched on 15th June that aimed to provide investors with a unique opportunity to participate in a carefully curated investment portfolio managed by SAMCO Mutual Funds’ expert team of fund managers. The overwhelming response received from investors reflects the trust and confidence they have placed in the brand and its investment strategies.
Expressing his delight at the overwhelming response to the NFO, Mr. Viraj Gandhi, CEO of SAMCO Mutual Fund, stated “We are delighted to announce that SAMCO Mutual Funds’ recent New Fund Offer (NFO) for its India’s first Active Momentum Fund has received an overwhelming response, with more than 25,000 investors subscribing and a remarkable collection of Rs. 409+ crores. This tremendous achievement was made possible through the support of over 1,900 mutual fund distributors who played a crucial role in spreading awareness about the NFO and product features to attract investors. Heartfelt gratitude to our partners and investors for trusting our strategy and brand Samco Mutual Fund. This shows strength in our reach, our team and brand collaboration with our partner channels.”
The Fund is managed by Mr. Paras Matalia, a seasoned investment professional with a deep understanding of momentum-based strategies. With his expertise and experience, Mr. Matalia will oversee the fund’s investment decisions and work towards maximizing returns for investors. The Fresh investments, lump sum and SIPs are restricted post NFO, until further notice.
SAMCO Mutual Funds has always been at the forefront of providing innovative investment solutions that cater to the varying needs of investors across the country. The success of this NFO further solidifies the brand’s position as a trusted investment partner, offering a wide range of mutual fund products designed to help investors achieve their financial goals.
For more information about SAMCO Active Momentum Fund and the NFO, please visit our website at https://www.samcomf.com/active-momentum-fund.
