INF0K1H01040

Samco Overnight Fund Direct Growth

Low Risk Overnight Money Market

NAV (Tue Sep 17 2024)

₹1,131

Returns (Since Inception)

0.00%

Category Average

0.00%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Unknown

100.00%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Samco Overnight Fund Direct Growth


Minimum SIP

500


Risk Level

Low Risk


AUM

₹69.57 Cr


ISIN

INF0K1H01040


Inception Date

Oct 04 2022


Standard Deviation

-


Beta

-


Sharpe Ratio

-


Benchmark


Expense Ratio

0.130%


Exit Load

Nil

Risk

Low Risk

Investment Objective

The investment objective of the Scheme is to provide reasonable returns commensurate with very low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/ residual maturity of 1 day.

Fund Managers

N.A.

About the AMC

Samco Asset Management Pvt Ltd


Phone Number

022-41708999

Email Address

info@samcomf.com

Corporate Office Address

Samco Asset Management Pvt Ltd,1003, A Naman Midtown,,Senapati Bapat Marg, Prabhadevi West,,Mumbai 400013

Overall AUM

₹69.57 Cr


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frequently asked questions

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What is the current NAV of Samco Overnight Fund Direct Growth?

The NAV of Samco Overnight Fund Direct Growth is ₹1,131 as of Tue Sep 17 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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What is the expense ratio of Samco Overnight Fund Direct Growth?

The Expense Ratio of Samco Overnight Fund Direct Growth is 13.00% as of Wed Sep 18 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 13.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of Samco Overnight Fund Direct Growth?

The minimum Systematic Investment Plan (SIP) amount required for Samco Overnight Fund Direct Growth is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in Samco Overnight Fund Direct Growth?

To initiate a lump sum investment in Samco Overnight Fund Direct Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the Samco Overnight Fund Direct Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Samco Overnight Fund Direct Growth is classified as Low Risk.

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What is the category of Samco Overnight Fund Direct Growth?

The category of the Samco Overnight Fund Direct Growth is Money Market.

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