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Samco Mutual Fund has launched Samco Special Opportunities Fund, an open-ended equity scheme following special situation’s theme. The NFO opens for subscription on May 17, 2024 and closes on May 31, 2024. The Entry load is nil for the scheme. The Exit load will be 2.00% - if the investment is redeemed or switched out on or before 365 days from the date of allotment of units and No Exit Load will be charged if investment is redeemed or switched out after 365 days from the date of allotment of units. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1 thereafter.

The performance of the Scheme is measured against NIFTY 500 TRI and its fund managers are Paras Matalia, Umeshkumar Mehta and Dhawal Ghanshyam Dhanani.

The investment objective of the scheme is to achieve long-term capital appreciation by investing in a portfolio of securities that are involved in special situations such as restructurings, turnarounds, spin-offs, mergers & acquisitions, new trends, new & emerging sectors, digitization, premiumization, and other special corporate actions. These situations often create mispricings and undervalued opportunities that the fund aims to exploit for potential capital appreciation.