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Samco Mutual Fund has launched Samco Arbitrage Fund, an open-ended scheme investing in arbitrage opportunities. The NFO opens for subscription on November 11, 2024 and closes on November 20, 2024. The Entry load is not applicable for the scheme. The Exit load will be 0.25% - If the investment is redeemed or switched out on or before 30 days from the date of allotment of units and No Exit Load will be charged if investment is redeemed or switched out after 30 days from the date of allotment of units. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1/- thereafter.

The Scheme performance would be benchmarked against Nifty 50 Arbitrage TRI and its fund managers are Paras Matalia, Dhawal Ghanshyam Dhanani and Umeshkumar Mehta.

The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.