Invest in
Samco
Active Momentum Fund
(An open-ended equity scheme following momentum theme)
Samco Active Momentum Fund is India’s 1st active momentum fund that aims to invest in stocks that are showing momentum characteristics using a proprietary momentum-seeking algorithm to generate superior risk adjusted returns.
Scheme Reopens in
The scheme will rebalance in real time as soon as the system detects a gain or loss of momentum in a particular stock.
The scheme will hedge to protect the downside when there is no or low momentum in the markets.
The proprietary momentum-seeking algorithm scans a universe of 750 stocks, including MicroCaps to find stocks that are gaining momentum.
Momentum is one of the most persistent factor to generate excess returns in all assets be it equity, commodity and forex and over 215+ years of history.
MSCI research shows, on a historical basis, the momentum factor has been one of the strongest generators of excess returns and has beaten the base index by 10X.
Nifty50
Nifty500
Nifty200 Momentum 30
Midcap 150 Momentum 50
| Particulars | Active | Passive |
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| Exposure | Invested only during times of Momentum, out of markets when there is Anti-Momentum | Invested 100% of times |
| Rebalancing | As and when needed | Lagged at 6-month |
| Types of momentum used | Uses both Relative & Absolute Momentum | Uses only Relative Momentum |
| No. of stocks | Not fixed, based on capital and position sizing | Currently only upto 50 stocks |
| Universe | No restrictions. Invest across market capitalisations i.e. Large Caps, Mid-Caps, Small Caps and Micro Cap companies | Limited universe only |
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Scheme Inception Date
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5th July 2023
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Scheme Reopens
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31st January 2024
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Type of scheme
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An open-ended equity scheme following momentum theme
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Plans
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Regular Plan - Growth & Direct Plan - Growth
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Benchmark Index
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Nifty 500 Index TRI
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Minimum Application Amount
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₹5000 and in multiples of ₹1/- thereafter
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Minimum Additional Application Amount
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₹500 and in multiples of ₹1/- thereafter
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Minimum SIP Amount
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₹500 and in multiples of ₹1/- thereafter
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Entry Load
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Not Applicable
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Exit Load
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Fund Manager
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Mr. Umeshkumar MehtaCIO & Fund Manager 
Mr. Paras MataliaFund Manager - Equity |
It is a thematic fund that invests in stocks that exhibit momentum characteristics and sell those stocks when those stocks lose momentum.
Momentum works dues to behaviour biases of the investors in the financial markets. Investors are not always rational, they have limits to their control over 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 an opportunity in the momentum space which is more consistent and time tested strategy to make an alpha in the stock market.
It is a strategy to invest in winning stocks which are 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. The momentum strategy is based on buy high, sell higher or alternatively, cut your losses and let your winners run.
The scheme shall invest in stocks that exhibit momentum characteristics across market capitalisations i.e. Large Caps, Mid-Caps, Small Caps and Micro Cap companies. The fund intends to benefit from momentum in stock prices from short to medium term time frame. The fund makes trades based on trading signals generated by our intelligent algorithm. This algorithm has been developed by studying years of market data including price, volume, volatility, open interest, breakouts, relative strengths and correlations with appropriate weights on various data points. The Momentum investing is based on that gap in time that exists before mean reversion occurs. Momentum is usually seen in the short- to intermediate-term.
The universe for this fund will be Nifty 750 i.e. Nifty500 stocks and Nifty Micro cap 250 stocks.
There is no restriction on number of stocks in the fund. The scheme will hold stocks that are in momentum as deemed fit by the fund manager.
No, this scheme comes under the Distinctive Patterns Strategies which will have its own framework. This scheme does not heavily rely on quality of financials and has more emphasis on price, volume, breakouts and other technical indicators.
Nifty500 TRI will be the benchmark of the scheme.
In order to invest in this fund the investor needs a minimum amount of:
Lump sum: ₹5,000 & in multiples of ₹1 thereafter
Systematic investment plan (SIP): ₹ 500 & in multiples of ₹1 thereafter
(Samco Active Momentum Fund will be available for fresh subscription / fresh SIP registration from 31st January 2024.)
If you have any queries regarding this program or need any help with the empanelment process, reach out to us on
This product is suitable for investors who are seeking* : *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
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Mutual fund investments are subject to market risks, read all scheme related documents carefully.
