The new fund offer (NFO) will open for subscription on January 21 and close on February 4.
The scheme will primarily invest in mid-cap companies ranked between 101 and 250 by market capitalisation. According to the fund house, the investment strategy combines quantitative models with fundamental analysis to identify companies showing momentum across prices, revenues and earnings. The fund will apply Samco’s proprietary C.A.R.E. Momentum framework, which evaluates cross-sectional, absolute, revenue and earnings momentum.
The Samco Mid Cap Fund will use the Nifty Mid Cap 150 Total Returns Index (TRI) as its benchmark. The asset management company said the strategy seeks to maintain a disciplined process while participating in trends within the mid-cap segment, which typically includes companies transitioning from early growth to more established phases.
Viraj Gandhi, Chief Executive Officer of Samco Asset Management, said the fund focuses on identifying mid-cap companies that demonstrate consistent performance across business and market metrics. He added that the momentum-based approach aims to capture trends already visible in earnings, revenues and stock prices.
The scheme will be managed by an investment team led by Umeshkumar Mehta, Chief Investment Officer. Mehta said the fund intends to systematically track and participate in momentum trends within the mid-cap universe using a structured framework.
The minimum lump-sum investment for the NFO is ₹5,000, while systematic investment plans (SIPs) will be available starting at ₹250 per month.
