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Samco Mutual Fund has launched Samco Multi Cap Fund, an open-ended scheme investing across large cap, midcap and small cap stocks. The NFO opens for subscription on October 10, 2024 and closes on October 24, 2024. The Entry load is not applicable for the scheme. The Exit load is nil - If 10% of units can be redeemed within 12 months of allotment, any redemption in excess of such limit in the first 12 months will incur 1% exit load and No exit load, if redeemed or switched out after 12 months from the date of allotment of unit. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1 thereafter.

The performance of the scheme will be benchmarked to the Nifty 500 Multicap 50:25:25 Total Returns Index and its fund managers are Paras Matalia, Umeshkumar Mehta and Dhawal Ghanshyam Dhanani.

The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of equity and equity related securities of large cap, midcap and small cap companies.