NFO Alert: Samco Mutual Fund launches Samco Dynamic Asset Allocation Fund; all you need to know
dynamic asset allocation fund. The fund is built on a proprietary “TRANSFORMER" model that determines equity and debt allocation based on prevalent market trends. The scheme opened for public subscription on December 07, 2023, and will close on December 21, 2023.
The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment. This is an open-ended dynamic asset allocation fund. Commenting on the launch, Viraj Gandhi, CEO, SAMCO Asset Management, said, “At SAMCO Mutual Fund, we are driven by a commitment to empower investors with innovative and robust financial solutions.
The launch of our Dynamic Asset Allocation Fund marks yet another significant step in our journey to provide investors with stability, growth, and peace of mind. We believe this fund, helmed by experienced professionals, will redefine investment experiences and set new benchmarks in the industry." This product is suitable for investors seeking The investment objective of the scheme is to generate income/long-term capital appreciation by investing in equity, equity derivatives, fixed-income instruments, and foreign securities. The allocation between equity instruments and fixed income will be managed dynamically to provide investors with long-term capital appreciation while managing downside risk.
However, there can be no assurance or guarantee of the investment objective of the scheme. Umeshkumar Mehta, Chief Investment Officer (CIO), SAMCO Asset Management, added, “SAMCO Mutual Fund is proud to introduce the Dynamic Asset Allocation Fund, a result of our commitment to addressing the concerns and needs of investors in India. With DAAF, we offer a game-changing solution that combines the potential for good
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