Factsheet

April 2025

SMF-2025/05/001
How to Read Factsheet
Fund Manager: An employee of the asset management company Yield to Maturity (YTM): The Yield to Maturity or the YTM is the rate
such as a mutual fund or life insurer, who manages investments of the of return anticipated on a bond is held until maturity. YTM is
scheme. He/She is usually part of a larger team of fund managers and expressed as an annual rate. The YTM factors in the bond’s current
research analysts. market price, par value, coupon interest rate and time to maturity.

Application Amount for Fresh Subscription: This is the minimum Standard Deviation: Standard deviation is a statistical measure of the
investment amount for a new investor in a mutual fund scheme. range of an investment’s performance. When a mutual fund has a high
standard deviation, it means its range of performance is wide,
Minimum Additional Amount: This is the minimum investment implying greater volatility.
amount for an existing investor in a mutual fund scheme.
Macaulay duration: The Macaulay duration is the weighted average
SIP: Systematic Investment Plan (SIP) works on the principle of term to maturity of the cash flows from a bond. The weight of each
making periodic investments of a fixed sum. It works similar to a cash flow is determined by dividing the present value of the cash flow
recurring bank deposit. For instance, an investor may opt for a SIP by the price
that invests ₹500 on every 15th of a month in an equity fund for a
period of three years. Sharpe Ratio: The Sharpe Ratio, named after its founder, the Nobel
Laureate William Sharpe, is a measure of risk-adjusted returns. It is
NAV: The NAV or the net asset value is the total asset value calculated using standard deviation and excess return to determine
per unit of the mutual fund after deducting all related and permissible reward per unit of risk.
expenses. The NAV is calculated at the end of every business day. It
is the value at which an investor enters or exits the mutual fund. Beta Ratio (Portfolio Beta): Beta is a measure of an investment’s
volatility vis-a-vis the market. Beta of less than 1 means that the
Benchmark: A group of securities, usually a market index, whose security will be less volatile than the market. A beta of greater than 1
performance is used as a standard or benchmark to measure implies that the security’s price will be more volatile than the market.
investment performance of mutual funds. Some typical benchmarks
include the NIFTY, Sensex, BSE200, NSE500, Crisil Liquid Fund Index AUM: AUM or assets under management refers to the recent/
and 10-Year Gsec. updated cumulative market value of investments managed by a
mutual fund or any investment firm.
Entry Load: A mutual fund may have a sales charge or load at the time
of entry and/or exit to compensate the distributor/agent. Entry load is Holdings: The holdings or the portfolio is a mutual fund’s latest or
charged when an investor purchases the units of a mutual fund. The updated reported statement of investments/securities. These are
entry load is added to the prevailing NAV at the time of investment. usually displayed in terms of percentage to net assets or the rupee
For instance, if the NAV is ₹100 and the entry load is 1%, the investor value or both. The objective is to give investors an idea of where their
will enter the fund at ₹101. money is being invested by the fund manager.

Note: SEBI, vide para 10.4 of of SEBI Master circular No. Nature of Scheme: The investment objective and underlying
SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 has abolished investments determine the nature of the mutual fund scheme. For
entry load and mandated that the upfront commission to distributors will be instance, a mutual fund that aims at generating capital appreciation by
paid by the investor directly to the distributor, based on his assessment of investing in stock markets is termed an equity fund or growth fund.
various factors including the service rendered by the distributor.
Likewise, a mutual fund that aims at capital preservation by investing
in debt markets is a debt fund or income fund. Each of these
Exit Load: Exit load is charged when an investor redeems the units of categories may have sub-categories.
a mutual fund. The exit load is reduced from the prevailing NAV at the
time of redemption. The investor will receive redemption proceeds at Rating Profile: Mutual funds invest in securities after evaluating their
net value of NAV less Exit Load. For instance, if the NAV is ₹100 and creditworthiness as disclosed by the ratings. A depiction of the mutual
the exit load is 1%, the investor will receive ₹99 per unit. fund in various investments based on their ratings becomes the rating
profile of the fund. Typically, this is a feature of debt funds.
Modified Duration: Modified duration is the price sensitivity and the
percentage change in price for a unit change in yield. Total Expense Ratio: Total expenses charged to scheme for the
month expressed as a percentage to average monthly net assets.
Average Maturity: The average time of maturity of all the debt
securities held in a portfolio. It states the weighted average maturity Portfolio Turnover Ratio: Portfolio Turnover Ratio is the percentage
of the assets in the portfolio. of a fund’s holdings that have changed in a given year. This ratio
measures the fund’s trading activity, which is computed by taking the
lesser of purchases or sales and dividing by average monthly net
assets.

Disclaimer : In the preparation of this factsheet material, the AMC has used information that is publicly available, including information developed in-house. The
information provided is not intended to be used by investors as the sole basis for investment decisions, who must make their own investment decisions, based
on their own investment objectives, financial positions and needs of specific investor. Investors are advised to consult their own legal tax and financial advisors
to determine possible tax, legal and other financial implication or consequence of subscribing to the units of Samco Mutual Fund. The information contained
herein should not be construed as a forecast or promise nor should it be considered as an investment advice. The AMC (including its affiliates), the Mutual Fund,
the trust and any of its officers, directors, personnel and employees, shall not be liable for any loss, damage of any nature, including but not Ltd. to direct, indirect,
punitive, special, exemplary, consequential, as also any loss or profit in any way arising from the use of this material in any manner.

1
About Strategy
HexaShield Tested Investment
Disruption Strategy
Samco's HexaShield Tested Investment is a strategy to put to work
money with businesses that can endure and survive in a variety of The SAMCO Special Opportunities Fund focuses on generating
stressful situations and generate superior long-term risk adjusted long-term capital growth by investing in companies experiencing or
returns. It relies on understanding the resilience of companies based poised for special situations. These include circumstances like
technological disruption, regulatory changes, management restructuring,
on Samco's HexaShield framework tests and evaluates every
company and institution on 6 most important facets of risks and DISTINCTIVE
or prolonged cyclical challenges. The fund targets companies that are

PATTERN
stress. These tests are meant to measure every company's ability to either disruptors, enablers, or adaptors of change, as well as those with
maintain enough buffer to stay afloat under adverse economic significant turnaround potential. It leverages inefficiencies in financial
scenarios. The HexaShield tests are also designed to understand if
these companies can generate high cash returns on capital
STRATEGY
markets where the impact of such special situations may be undervalued
or overlooked, aiming to capitalize on the resulting mispricing or
employed in a variety of economic conditions including degrowth, unanticipated growth potential. The fund's strategy encompasses a
recession, etc. This rigorous scientific and statistical process helps broad spectrum, including digitization, insider mirror trading, spin-offs,
get an understanding of risks, reduces room for bias and beliefs, reforms, undervalued holding companies, premiumization, sustainable
inculcates discipline and enhances the probability of success. trends, innovation, organized shifts, and new or emerging sectors. This
diversified approach seeks to exploit a range of growth opportunities
across different sectors and market conditions.

3E Investment Strategy
Tactical Allocation Strategy
1. Buy only Efficient HexaShield Tested Companies To achieve the investment objective, SAMCO Multi Cap Fund follow
2. Buy at an Efficient Price active investment strategy which employs a unique and balanced
3. Maintain an Efficient Turnover investment strategy designed to optimize returns across various market
segments. The strategy is built around pre-dominantly allocating 25%
each to large caps, mid-caps, small caps, and floating exposure to small
Active Momentum Strategy caps/foreign securities/debt, ensuring diversified exposure to different
market capitalizations. In scenarios such as a bear market, the fund may
Momentum refers to the tendency of winning stocks to continue to
exercise tactical deviations from its equal weight strategy to safeguard
perform well and losing stocks to perform poorly in the near future. In
investor capital and optimize returns.
Samco Active Momentum Fund the stocks are also selected based on
their performance in the past with the idea that they will continue to
outperform. The investors are attracted to a company whose price is Rotate Model Strategy
on an upward trajectory thus opening a new way of buying at high and The principal asset allocation of Samco Multi Asset Allocation Fund shall
selling at higher, instead of the traditional idea of buying at low and be determined based on trends in equity markets and trends in prices of
selling at high, generating higher returns. A mix of methodologies to Gold, Silver based on SAMCO’s proprietary ROTATE model. Trends in
compute momentum are used which include but are not limited to equity, commodity markets and extreme mean reversion signals which
Risk-adjusted Price Momentum, Momentum Strength Score & shall be calculated using SAMCO’s proprietary ROTATE model.
Momentum ratio. The fund makes trades based on trading signals Fundamentally the scheme will operate based on trend following
generated by the intelligent algorithm. This algorithm has been strategies i.e., when markets are in clear uptrends with lower volatility,
developed by studying years of market data including price, volume, equity allocations shall be higher and when markets are breaking down,
volatility, open interest, breakouts, relative strengths and correlations in correction or bear market phases, net equity allocations shall be zero
with appropriate weights on various data points. using hedging strategies or at extremely low levels. In such cases, if
Gold, Silver as an asset is up trending and exhibiting inverse co-relation
to equities, then in such cases, the Fund shall have pre-dominantly
Transformer Strategy higher exposure to Gold, Silver which could go up to 80% of net assets.
The principal asset allocation of Samco Dynamic Asset Allocation Fund In cases when both Gold, Silver and Equities are trending down and
shall be determined based on momentum in equity markets and exhibiting weakness, the Fund will have pre-dominantly higher exposure
extreme mean reversion signals which shall be calculated using to debt. Rebalancing based on the model shall happen on real time
SAMCO’s proprietary TRANSFORMER model. Fundamentally the dynamic basis and will not follow a monthly/quarterly rebalancing model.
strategy will operate based on trend following strategies i.e., when
markets are in clear uptrends with lower volatility, equity allocations C.A.R.E. momentum strategy
shall be higher and when markets are breaking down, in correction or
SAMCO Large Cap Fund is built on a cutting-edge momentum-based
bear market phases, net equity allocations shall be zero or at extremely
investment strategy that seeks to harness the power of market trends
low levels. Only in extremely panic or euphoric conditions, the scheme
and corporate performance metrics. At its core, the fund employs
will move to mean reversion models and build equity exposure in bear
SAMCO's proprietary C.A.R.E. momentum system to with an aim to
markets or cut equity exposure in bull markets. Rebalancing based on
deliver superior risk-adjusted returns by systematically identifying and
the model shall happen on real time dynamic basis and will not follow a
allocating capital to large-cap stocks with strong momentum indicators.
monthly/quarterly rebalancing model.
The C.A.R.E. system integrates four key dimensions of
momentum—Cross Sectional Momentum, Absolute Momentum, Revenue
Momentum, and Earnings Momentum. These parameters ensure that the
portfolio remains optimized by focusing on stocks from the top 100
companies by market capitalization, as defined by the AMFI, that exhibit
robust momentum traits.

2
Samco Active Momentum Fund
(An open-ended equity scheme following momentum theme)

Investment Objective Portfolio as on April 30, 2025

% of equity % to % to net
Issuer Industry exposure of
exposure Derivatives Net Assets
The investment objective of the Scheme is to seek to
generate long-term capital appreciation by investing in Indian Equity and Equity Related Total 87.88% 11.31% 99.19%
stocks showing strong momentum. Momentum stocks are One 97 Communications Ltd Financial Technology (Fintech) 8.54% 8.54%
such that exhibit positive price momentum – based on the Dixon Technologies (India) Ltd Consumer Durables 7.03% 7.03%
phenomenon that stocks which have performed well in the Chambal Fertilizers & Chemicals Ltd Fertilizers & Agrochemicals 1.65% 3.66% 5.31%
past relative to other stocks (winners) continue to perform Wockhardt Ltd Pharmaceuticals & Biotechnology 4.75% 4.75%
well in the future, and stocks that have performed Religare Enterprises Ltd Finance 4.43% 4.43%
relatively poorly (losers) continue to perform poorly. UPL Ltd Fertilizers & Agrochemicals 4.21% 4.21%
However, there can be no assurance or guarantee that the HDFC Bank Ltd Banks 3.90% 3.90%
investment objective of the scheme would be achieved. SBI Cards and Payment Services Ltd Finance 3.78% 3.78%
Swan Energy Ltd Chemicals & Petrochemicals 3.78% 3.78%
Bharti Airtel Ltd Telecom - Services 3.60% 3.60%
InterGlobe Aviation Ltd Transport Services 3.55% 3.55%
Muthoot Finance Ltd Finance 3.07% 3.07%
Scheme Details Eicher Motors Ltd Automobiles 2.91% 2.91%
Bajaj Finance Ltd Finance 2.90% 2.90%
Inception Date 05-Jul-2023 The Indian Hotels Company Ltd Leisure Services 2.01% 0.83% 2.84%
(Date of Allotment) BSE Ltd Capital Markets 2.82% 2.82%
Nifty 500 TRI Jubilant Foodworks Ltd Leisure Services 2.81% 2.81%
Benchmark
Divi's Laboratories Ltd Pharmaceuticals & Biotechnology 2.74% 2.74%
Min.Application ₹5000/- and in multiples of ₹1/- SRF Ltd Chemicals & Petrochemicals 2.58% 2.58%
Amount thereafter Kotak Mahindra Bank Ltd Banks 1.80% 0.62% 2.42%
Additional Shree Cement Ltd Cement & Cement Products 2.16% 2.16%
₹500/- and in multiples of ₹1/- thereafter
Narayana Hrudayalaya Ltd Healthcare Services 2.14% 2.14%
Purchase
AstraZeneca Pharma India Ltd Pharmaceuticals & Biotechnology 2.11% 2.11%
Entry Load NIL Gabriel India Ltd Auto Components 2.10% 2.10%
Marathon Nextgen Realty Ltd Realty 1.73% 1.73%
Exit Load : 1.00% If the investment is redeemed
Kaveri Seed Company Ltd Agricultural Food & other Products 1.50% 1.50%
or switched out on or before 365 days
India Shelter Finance Corporation Ltd Finance 1.39% 1.39%
from the date of allotment of units. 1.36%
Mazagon Dock Shipbuilders Ltd Industrial Manufacturing 1.36%
No Exit Load will be charged if Patanjali Foods Ltd Agricultural Food & other Products 1.23% 1.23%
investment is redeemed or switched Aavas Financiers Ltd Finance 1.20% 1.20%
out after 365 days from the date of Marico Ltd Agricultural Food & other Products 0.93% 0.93%
allotment of units. United Breweries Ltd Beverages 0.90% 0.90%
Laurus Labs Ltd Pharmaceuticals & Biotechnology 0.63% 0.63%
Aarti Pharmalabs Ltd Pharmaceuticals & Biotechnology 0.60% 0.60%
Max Financial Services Ltd Insurance 0.51% 0.51%
Total Expense Regular Plan Direct Plan Suven Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 0.40% 0.40%
Ratio (TER) 2.25% 0.87% Radico Khaitan Ltd Beverages 0.33% 0.33%
as on April 30,
2025 Including Goods and Service Tax on Debt Instruments 2.87%
Management Fees. 364 Days Tbill (MD 18/07/2025) Sovereign 2.87%
TREPS, Cash, Cash Equivalents & Net Current Asset -2.06%
Fund Manager
Total Net Assets 100.00%
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager
(Managing the scheme since August 01, 2023)
Total Experience: Over 20 years Industry Allocation of Gross Equity Holding (% of Net Assets)

Mrs. Nirali Bhansali, Fund Manager

20%
(Managing this scheme since February 19, 2025) 16.77%
Total Experience: Around 9 years
15%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager 11.23%

(Managing this scheme since inception) 10% 9.52%

8.54%
Total Experience: Around 6 years 7.03%
6.36% 6.32%
5.65%

5% 3.66% 3.60% 3.55% 2.91% 2.82%

NAV as on 30 April 2025(₹ per unit)
th 2.16% 2.14% 2.10% 1.73% 1.36% 1.23%
0.51%

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Portfolio Turnover Ratio: 7.59 times

Lower of sales or purchases divided by average AUM for last rolling 12 months Market Capitalisation (% of allocation)

Assets Under Management (AUM) 22.02% 44.77% 32.40%

Large Cap Mid Cap Small Cap Grand Total: 99.19%

AUM as on April 30, 2025 ₹ 860.15 Crs
Average AUM for Month of April 2025 ₹ 862.05 Crs

3
Samco Active Momentum Fund
(An open-ended equity scheme following momentum theme)

Portfolio Comment for April 2025

The month of April was marked by extreme volatility in the Indian and global equity markets. The intensification of the raging tariff
war and retaliation by the Chinese lead to uncertainty in the equity markets across the globe. India also experienced heightened
volatility. However, the markets created a near term swing bottom and started rising backed by a mixed set of results and sentiment
reversion in the medium term. The Largecap and Midcap indices exhibited a sharp upmove during the month despite the uncertainty.
The Smallcap index has also exhibited a similar move with lower intensity.
Your fund backed by the Distinctive Patterns Strategy focused on identifying momentum pockets across different market segments
and industries exhibiting both relative and absolute strength. During this phase of both global and domestic geopolitical uncertainty
the portfolio is well placed due to the highly reactive nature of the momentum models. The strategies are designed to actively
position the portfolio depending upon evolving market dynamics on a real time basis. The active hedging mechanism would aid the
fund in protecting the downside risk in case of any systemic risks arising in the markets. Our endeavour is to ensure that the fund
generates superior risk adjusted returns for the investors in the longer run.
As of April 30, 2025, we have gross equity exposure of 99.19% in Indian Equities and derivatives, 2.87% in debt instruments and the
.
remaining -2.06% allocated to TREPS, Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Yale Active
School of Management professors whose concepts were first published in the Review
of Financial Studies 2009 paper tiled “How active is your Fund Manager”- A New
Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that
differs from the benchmark index. The only way that the equity fund manager can
outperform a given benchmark is by taking positions that differ from those in the
benchmark. Active Share will always fall between 0% and 100%, where 0% will indicate
85.21% As on April 30, 2025
a truly passive index fund and a higher percentage closer to 100% will show true active
management with portfolio stocks diverging from the benchmark.

Disclaimer :
We are voluntarily disclosing the Active Share of Samco Active Momentum Fund in the interest of maintaining high transparency to the investors.
Please refer to our website www.samcomf.com/active-share/samco-active-momentum-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

Long-term capital Appreciation;

An actively managed thematic equity scheme that invests in stocks
exhibiting momentum characteristics

*Investors should consult their financial advisers if in doubt about whether the product is
suitable for them. (Nifty 500 TRI)
is Very High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
4
Samco Dynamic Asset Allocation Fund
(An open-ended dynamic asset allocation fund)

Investment Objective Portfolio as on April 30, 2025

% of equity % to % to net
Issuer Industry / Rating exposure of
The investment objective of the Scheme is to generate exposure Derivatives
Net Assets
income/long-term capital appreciation by investing in Indian Equity and Equity Related Total 76.78% -23.78% 53.00%
equity, equity derivatives, fixed income instruments and Religare Enterprises Ltd Finance 9.54% 9.54%
foreign securities. The allocation between equity Swan Energy Ltd Chemicals & Petrochemicals 3.42% 3.42%
Marathon Nextgen Realty Ltd Realty 2.57% 2.57%
instruments and fixed income will be managed Bajaj Finance Ltd Finance 1.96% -0.59% 1.37%
dynamically so as to provide investors with long term Shree Cement Ltd Cement & Cement Products 1.67% -0.31% 1.36%
capital appreciation while managing downside risk. InterGlobe Aviation Ltd
Bajaj Holdings & Investment Ltd
Transport Services
Finance
3.98%
1.21%
-2.76% 1.22%
1.21%
However, there can be no assurance or guarantee that the Bharti Airtel Ltd Telecom - Services 3.51% -2.30% 1.21%
investment objective of the scheme would be achieved. Divi's Laboratories Ltd Pharmaceuticals & Biotechnology 2.49% -1.28% 1.21%
Kotak Mahindra Bank Ltd Banks 1.42% -0.22% 1.20%
ICICI Bank Ltd Banks 1.56% -0.38% 1.18%
Scheme Details HDFC Bank Ltd Banks 1.48% -0.36% 1.12%
Bajaj Finserv Ltd Finance 1.26% -0.14% 1.12%
Eicher Motors Ltd Automobiles 1.56% -0.45% 1.11%
Inception Date 28-Dec-2023 The Indian Hotels Company Ltd Leisure Services 1.31% -0.25% 1.06%
(Date of Allotment) United Spirits Ltd Beverages 1.94% -0.96% 0.98%
Coromandel International Ltd Fertilizers & Agrochemicals 0.93% 0.93%
Benchmark NIFTY50 Hybrid Composite Debt Cholamandalam Investment and Finance Company Ltd
Finance 1.16% -0.29% 0.87%
Bharat Electronics Ltd Aerospace & Defense 3.30% -2.44% 0.86%
50: 50 Index JSW Steel Ltd Ferrous Metals 1.24% -0.39% 0.85%
Mahindra & Mahindra Ltd Automobiles 2.51% -1.70% 0.81%
Min. Application ₹5000/- and in multiples of ₹1/- Shriram Finance Ltd
Torrent Pharmaceuticals Ltd
Finance
Pharmaceuticals & Biotechnology
1.57%
1.86%
-0.77%
-1.06%
0.80%
0.80%
Amount thereafter Mazagon Dock Shipbuilders Ltd Industrial Manufacturing 0.66% 0.66%
Sun Pharmaceutical Industries Ltd Pharmaceuticals & Biotechnology 2.37% -1.72% 0.65%
Additional ₹500/- and in multiples of ₹1/- thereafter BSE Ltd
Dixon Technologies (India) Ltd
Capital Markets
Consumer Durables
1.08%
1.88%
-0.44%
-1.28%
0.64%
0.60%
Purchase One 97 Communications Ltd Financial Technology (Fintech) 0.54% 0.06% 0.60%
Jubilant Foodworks Ltd Leisure Services 0.50% 0.08% 0.58%
Entry Load NIL Info Edge (India) Ltd
Lloyds Metals And Energy Ltd
Retailing
Minerals & Mining
1.70%
0.56%
-1.14% 0.56%
0.56%
UPL Ltd Fertilizers & Agrochemicals 0.43% 0.13% 0.56%
Exit Load 25% of the units allotted may be Bharat Dynamics Ltd Aerospace & Defense 0.53% 0.53%
redeemed without any exit load, on or SRF Ltd Chemicals & Petrochemicals 0.48% 0.05% 0.53%
Fortis Healthcare Ltd Healthcare Services 0.52% 0.52%
before completion of 12 months from SBI Cards and Payment Services Ltd Finance 0.46% 0.06% 0.52%
the date of allotment of units. Any JK Cement Ltd Cement & Cement Products 0.51% 0.51%
redemption in excess of such limit in the Solar Industries India Ltd
Tech Mahindra Ltd
Chemicals & Petrochemicals
IT - Software
0.47%
0.54%
0.02%
-0.06%
0.49%
0.48%
first 12 months from the date of Max Healthcare Institute Ltd Healthcare Services 0.42% 0.04% 0.46%
allotment shall be subject to the Vedanta Ltd Diversified Metals 1.80% -1.34% 0.46%
following exit load: Muthoot Finance Ltd Finance 0.42% 0.03% 0.45%
Patanjali Foods Ltd Agricultural Food & other Products 0.43% 0.43%
• 1% if redeemed or switched out on or GlaxoSmithKline Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 0.41% 0.41%
The Federal Bank Ltd Banks 0.37% 0.04% 0.41%
before completion of 12 months from Wipro Ltd IT - Software 0.68% -0.27% 0.41%
the date of allotment of units; Hitachi Energy India Ltd Electrical Equipment 0.40% 0.40%
Page Industries Ltd Textiles & Apparels 0.36% 0.04% 0.40%
• Nil, if redeemed or switched out after Lupin Ltd Pharmaceuticals & Biotechnology 1.04% -0.65% 0.39%
completion of 12 months from the date Godrej Industries Ltd Diversified 0.38% 0.38%
Abbott India Ltd Pharmaceuticals & Biotechnology 0.37% 0.37%
of allotment of unit. Trent Ltd Retailing 0.50% -0.13% 0.37%
Persistent Systems Ltd IT - Software 1.13% -0.77% 0.36%
Total Expense Regular Plan Direct Plan Coforge Ltd IT - Software 0.25% 0.10% 0.35%
Cochin Shipyard Ltd Industrial Manufacturing 0.32% 0.32%
Ratio (TER) 2.37% 0.80% Blue Star Ltd Consumer Durables 0.30% 0.30%
as on April 30, GE Vernova T&D India Ltd Electrical Equipment 0.29% 0.29%
Including Goods and Service Tax on Glenmark Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 0.23% 0.02% 0.25%
2025 Management Fees. Debt Instruments 7.51%
7.38% Government of India (MD 20/06/2027) Sovereign 7.51%
Fund Manager TREPS, Cash, Cash Equivalents and Net Current Asset 39.49%
Total Net Assets 100.00%
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager
(Managing this scheme since inception)
Industry Allocation of Gross Equity Holding (% of Net Assets)
Total Experience: Over 20 years
Mrs. Nirali Bhansali, Fund Manager 20%
17.67%
(Managing this scheme since February 19, 2025)
16%
Total Experience: Around 9 years
12%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager 8.79%
(Managing this scheme since inception) 8%
Total Experience: Around 6 years 4.87% 4.44%4.07%
3.98%
3.83%
2.70%
4% 3.51%
2.57%
2.20%
2.18%
2.18% 1.89% 1.49% 1.08%
1.94% 1.80% 0.98% 0.60% 0.43% 0.38%
1.24% 0.98% 0.69%
NAV as on 30 April 2025(₹ per unit)
0.56% 0.40%
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AUM as on April 30, 2025 ₹ 478.25 Crs

Average AUM for Month of April 2025 ₹ 491.57 Crs
Portfolio Classification by Asset & Rating Class as % of net assets
Quantitative Data (Fixed Income Portion of Portfolio)
Net Equity Shares 53.00%
Annualised Portfolio YTM : 5.95% TREPS, Cash, Cash Equivalents and
39.49%
Macaulay Duration : 0.88 years Net Current Asset
Residual Maturity : 0.96 years Soverign Debt Instruments 7.51%

Modified Duration : 0.86 years

Market Capitalisation (% of allocation)
Quantitative Data
41.60% 20.32% 15.53%
Portfolio Turnover Ratio: 8.99 times
Large Cap Mid Cap Small Cap Grand Total: 77.45%
Lower of sales or purchases divided by average AUM for last rolling 12 months

5
Samco Dynamic Asset Allocation Fund
(An open-ended dynamic asset allocation fund)

Portfolio Comment for April 2025

In the month of April, Indian equity markets experienced heightened volatility due to the ongoing tariff war and
retaliatory moves by China against the USA. This geo-political tension led to sharp moves in both global and Indian
equity markets. However, despite these uncertainties, the Indian markets witnessed a sharp rise across the market.
The Large and Midcap indices saw a substantial rise during the month while the smallcaps too followed, though at a
relative lower intensity. There exists a looming risk of high tensions between India and Pakistan after the Kashmir
terrorist attack during the month. The markets in the last few days have been indicating indecisiveness.
Your fund backed by the proprietary TRANSFORMER model is focused on constructing a portfolio across diverse
market segments and industries based on the underlying momentum in the market. Moreover, the models are
dynamic in nature focused on skewing the portfolio towards arbitrage and hedged positions in light of a down
trending market. The current portfolio positioning with a minor skew towards debt/arbitrage positions reinforces the
design of our systems focusing on risk mitigation across time frames.
.
As of April 30, 2025, we have gross equity exposure of 77.45%, net equity exposure of 53.00% of net assets in Indian
Equities, 7.51% in debt instruments and the remaining 39.49% allocated to TREPS, Cash, Cash Equivalents, and Net
Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Yale Active
School of Management professors whose concepts were first published in the Review

80.10%
of Financial Studies 2009 paper tiled “How active is your Fund Manager”- A New
Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that
differs from the benchmark index. The only way that the equity fund manager can
outperform a given benchmark is by taking positions that differ from those in the As on April 30, 2025
benchmark. Active Share will always fall between 0% and 100%, where 0% will indicate
a truly passive index fund and a higher percentage closer to 100% will show true active
management with portfolio stocks diverging from the benchmark. The calculation of active share for DAAF has been
done for only the equity segment vis a vis Nifty 500

Disclaimer :
We are voluntarily disclosing the Active Share of Samco Dynamic Asset Allocation Fund in the interest of maintaining high transparency to the
investors.
Please refer to our website www.samcomf.com/active-share/samco-dynamic-asset-allocation-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

Capital Appreciation & Income Generation over medium to long term;

Investment in a dynamically managed portfolio of equity & equity related
instruments and debt & money market securities

*Investors should consult their financial advisers if in doubt about whether the product is
(NIFTY50 Hybrid Composite Debt 50: 50 Index)
suitable for them.
is High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
6
Samco Flexi Cap Fund
(An open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks)

Investment Objective Portfolio as on April 30, 2025

The investment objective of the Scheme is to seek to % to Net
Issuer Industry
generate long-term capital growth from an actively Assets
managed portfolio of Indian & foreign equity instruments Indian Equity and Equity Related Total 97.76%
across market capitalisation. However, there is no
Bharat Electronics Ltd Aerospace & Defense 6.55%
assurance or guarantee that the investment objective of
the Scheme will be achieved. Caplin Point Laboratories Ltd Pharmaceuticals & Biotechnology 6.32%
AstraZeneca Pharma India Ltd Pharmaceuticals & Biotechnology 5.61%
Scheme Details Mazagon Dock Shipbuilders Ltd Industrial Manufacturing 4.47%
Central Depository Services (India) Ltd Capital Markets 4.39%
Inception Date 04-Feb-2022 Muthoot Finance Ltd Finance 4.33%
(Date of Allotment)
Page Industries Ltd Textiles & Apparels 4.16%
Benchmark Nifty 500 TRI Abbott India Ltd Pharmaceuticals & Biotechnology 4.04%
Min.Application ₹5,000/- and in multiples of ₹1/- Bharat Dynamics Ltd Aerospace & Defense 4.00%
Amount thereafter Dixon Technologies (India) Ltd Consumer Durables 3.96%
Additional ₹500/- and in multiples of ₹1/- thereafter Coromandel International Ltd Fertilizers & Agrochemicals 3.91%
Purchase Swan Energy Ltd Chemicals & Petrochemicals 3.81%
Entry Load NIL 360 One WAM Ltd Capital Markets 3.68%
Gillette India Ltd Personal Products 3.52%
Exit Load 10% of the units allotted may be redeemed
without any exit load, on or before Manappuram Finance Ltd Finance 3.36%
completion of 12 months from the date of Computer Age Management Services Ltd Capital Markets 3.13%
allotment of units. Any redemption in Avanti Feeds Ltd Food Products 3.12%
excess of such limit in the first 12 months
Affle (India) Ltd IT - Services 3.04%
from the date of allotment shall be subject
to the following exit load: Coforge Ltd IT - Software 3.00%
Marico Ltd Agricultural Food & other Products 2.97%
• 1% if redeemed or switched out on or
before completion of 12 months from the Ventive Hospitality Ltd Leisure Services 2.82%
date of allotment of units; K.P.R. Mill Ltd Textiles & Apparels 2.76%
• Nil, if redeemed or switched out after Sumitomo Chemical India Ltd Fertilizers & Agrochemicals 2.55%
completion of 12 months from the date Persistent Systems Ltd IT - Software 2.25%
of allotment of unit. Zensar Technologies Ltd IT - Software 2.25%
Total Expense Motilal Oswal Financial Services Ltd Capital Markets 1.97%
Regular Plan Direct Plan
Ratio (TER) GlaxoSmithKline Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 1.34%
2.41% 1.06%
as on April 30, Solar Industries India Ltd Chemicals & Petrochemicals 0.45%
2025 Including Additional Expenses and
Goods and Service Tax on Management TREPS, Cash, Cash Equivalents and Net Current Asset 2.24%
Fees.
Total Net Assets 100.00%
Fund Manager
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager
(Managing the scheme since August 01, 2023)
Total Experience: Over 20 years
Industry Allocation of Gross Equity Holding (% of Net Assets)
Mrs. Nirali Bhansali, Fund Manager
(Managing this scheme since inception) 20%
17.31%
Total Experience: Around 9 years
16%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager 13.17%

(Managing this scheme since inception) 12% 10.55%

Total Experience: Around 6 years 7.69% 7.50% 6.92%
8% 6.46%
NAV as on 30th April 2025(₹ per unit) 4.47% 4.26% 3.96% 3.52% 3.12% 3.04% 2.97% 2.82%
4%
Regular Growth: ₹ 9.71
0
Direct Growth: ₹ 10.18
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** Lower of sales or purchases divided by average AUM for last rolling 12 months.
Market Capitalisation (% of allocation)

Assets Under Management (AUM)

6.55% 44.53% 46.68%
AUM as on April 30, 2025 ₹443.07 Crs
Large Cap Mid Cap Small Cap Grand Total: 97.76%
Average AUM for Month of April 2025 ₹434.53 Crs

7
Samco Flexi Cap Fund
(An open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks)

Portfolio Comment for April 2025

The Indian equity market experienced heightened volatility in the month of April 2025. The Trump tariff war and
retaliatory moves by the Chinese government led to a sharp down move across market segments. Despite these
uncertainties the Indian market made a short term bottom and marched towards higher levels backed by the
domestic liquidity measures, rate cuts by the RBI and overall relatively better superior macros. However, the Kashmir
attack has sowed the seed for a huge conflict in the making between India and Pakistan which could be a potential
risk to our markets.
Your Fund continues to focus on a disciplined, bottom-up investment approach, prioritizing high-quality,
fundamentally strong businesses. During uncertain times and slower growth scenario, quality stocks tend to attract
capital due to their robust business models and strong fundamentals. At Samco Flexi Cap Fund, we remain
committed to investing in companies with robust fundamentals, sustainable earnings growth, and high return ratios.
We remain diligent in monitoring market trends and corporate earnings, making necessary adjustments to optimize
portfolio performance in a rapidly evolving environment.
As of April 30, 2025,. we have deployed 97.76% of net assets in Indian Equities, with the remaining 2.24% allocated
to TREPS, Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Active
Yale School of Management professors whose concepts were first published in the
Review of Financial Studies 2009 paper tiled “How active is your Fund Manager”- A

96.57%
New Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that
differs from the benchmark index. The only way that the equity fund manager can
outperform a given benchmark is by taking positions that differ from those in the As on April 30, 2025
benchmark. Active Share will always fall between 0% and 100%, where 0% will
indicate a truly passive index fund and a higher percentage closer to 100% will
show true active management with portfolio stocks diverging from the benchmark.

Disclaimer :
We are voluntarily disclosing the Active Share of Samco Flexi Cap Fund in the interest of maintaining high transparency to the investors.
Please refer to our website www.samcomf.com/active-share/samco-flexi-cap-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

To generate long-term capital growth;

Investment in Indian & foreign equity instruments across market
capitalization;

*Investors should consult their financial advisers if in doubt about whether the product is
(Nifty 500 TRI)
suitable for them.
is Very High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
8
Samco Multi Cap Fund
(An open-ended scheme investing across large cap, midcap and small cap stocks)

Investment Objective Portfolio as on April 30, 2025

% of equity % to % to net
The investment objective of the scheme is to generate Issuer Industry exposure of
exposure Derivatives Net Assets
long term capital appreciation by investing in a portfolio of
equity and equity related securities of large cap, midcap Indian Equity and Equity Related Total 69.95% -16.42% 53.53%
and small cap companies. There is no assurance that the Ventive Hospitality Ltd Leisure Services 3.20% 3.20%
investment objective of the scheme will be achieved. Avanti Feeds Ltd Food Products 1.62% 1.62%
AstraZeneca Pharma India Ltd Pharmaceuticals & Biotechnology 1.30% 1.30%
Newgen Software Technologies Ltd IT - Software 1.30% 1.30%
Scheme Details Gillette India Ltd Personal Products 1.28% 1.28%
Triveni Turbine Ltd Electrical Equipment 1.28% 1.28%
Inception Date 30-Oct-2024 Zensar Technologies Ltd IT - Software 1.28% 1.28%
(Date of Allotment)
Central Depository Services (India) Ltd Capital Markets 1.27% 1.27%
Benchmark Nifty 500 Multicap 50:25:25 Total Returns Index 360 One WAM Ltd Capital Markets 1.24% 1.24%
Affle (India) Ltd IT - Services 1.24% 1.24%
Min.Application ₹5,000/- and in multiples of ₹1/-
Computer Age Management Services Ltd Capital Markets 1.23% 1.23%
Amount thereafter
eClerx Services Ltd Commercial Services & Supplies 1.22% 1.22%
Additional ₹500/- and in multiples of ₹1/- thereafter Manappuram Finance Ltd Finance 1.22% 1.22%
Purchase UTI Asset Management Company Ltd Capital Markets 1.20% 1.20%

Entry Load NIL Motilal Oswal Financial Services Ltd Capital Markets 1.19% 1.19%
Caplin Point Laboratories Ltd Pharmaceuticals & Biotechnology 1.18% 1.18%
Exit Load 10% of units can be redeemed without an Sumitomo Chemical India Ltd Fertilizers & Agrochemicals 1.18% 1.18%
exit load within 12 months of allotment. Godawari Power And Ispat Ltd Industrial Products 1.15% 1.15%
Any redemption in excess of such limit in
the first 12 months will incur 1% exit load. BLS International Services Ltd Leisure Services 1.11% 1.11%
No exit load, if redeemed or switched out Mazagon Dock Shipbuilders Ltd Industrial Manufacturing 1.11% 1.11%
after 12 months from the date of allotment Praj Industries Ltd Industrial Manufacturing 1.11% 1.11%
of unit. Coforge Ltd IT - Software 1.45% -0.36% 1.09%
Bharat Dynamics Ltd Aerospace & Defense 1.08% 1.08%
Total Expense Regular Plan Direct Plan
Persistent Systems Ltd IT - Software 1.42% -0.34% 1.08%
Ratio (TER) 2.38% 0.71%
as on April 30, GlaxoSmithKline Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 1.06% 1.06%
2025
Including Additional Expenses and Dixon Technologies (India) Ltd Consumer Durables 1.80% -0.75% 1.05%
Goods and Service Tax on Management Nippon Life India Asset Management Ltd Capital Markets 1.02% 1.02%
Fees. Petronet LNG Ltd Gas 1.65% -0.64% 1.01%
Coromandel International Ltd Fertilizers & Agrochemicals 1.01% 1.01%
Page Industries Ltd Textiles & Apparels 1.01% 1.01%
HDFC Asset Management Company Ltd Capital Markets 1.86% -0.85% 1.01%
Muthoot Finance Ltd
Fund Manager Finance 1.58% -0.59% 0.99%
Marico Ltd Agricultural Food & other Products 1.67% -0.69% 0.98%
Abbott India Ltd Pharmaceuticals & Biotechnology 0.97% 0.97%
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager Solar Industries India Ltd Chemicals & Petrochemicals 0.97% 0.97%
(Managing this scheme since inception)
Action Construction Equipment Ltd Agricultural, Commercial & Construction Vehicles 0.94% 0.94%
Total Experience: Over 20 years
Bharti Airtel Ltd Telecom - Services 1.85% -1.15% 0.70%
Mahindra & Mahindra Ltd Automobiles 1.59% -0.90% 0.69%
Mrs. Nirali Bhansali, Fund Manager HDFC Bank Ltd Banks 1.00% -0.31% 0.69%
(Managing this scheme since February 19, 2025)
ICICI Bank Ltd Banks 2.08% -1.39% 0.69%
Total Experience: Around 9 years
Kotak Mahindra Bank Ltd Banks 1.00% -0.31% 0.69%
Eicher Motors Ltd Automobiles 1.72% -1.04% 0.68%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager JSW Steel Ltd Ferrous Metals 1.62% -0.94% 0.68%
(Managing this scheme since inception)
Vedanta Ltd Diversified Metals 1.57% -0.89% 0.68%
Total Experience: Around 6 years
Bajaj Holdings & Investment Ltd Finance 0.66% 0.66%
Divi's Laboratories Ltd Pharmaceuticals & Biotechnology 1.73% -1.07% 0.66%
NAV as on 30th April 2025 (₹ per unit) Shree Cement Ltd Cement & Cement Products 1.62% -0.96% 0.66%
The Indian Hotels Company Ltd Leisure Services 0.93% -0.27% 0.66%
Regular Growth: ₹ 8.98 Bajaj Finance Ltd Finance 1.43% -0.78% 0.65%
Direct Growth: ₹ 9.05 Bajaj Finserv Ltd Finance 1.46% -0.82% 0.64%
InterGlobe Aviation Ltd Transport Services 2.00% -1.37% 0.63%
Websol Energy System Ltd Electrical Equipment 0.18% 0.18%
Assets Under Management (AUM)₹ Ami Organics Ltd Pharmaceuticals & Biotechnology 0.09% 0.09%
Refex Industries Ltd Chemicals & Petrochemicals 0.02% 0.02%
AUM as on April 30, 2025 ₹347.53 Crs
Average AUM for Month of April 2025 ₹344.69 Crs Debt Instruments 14.29%
182 Days Tbill (MD 08/05/2025) Sovereign 7.19%
91 Days Tbill (MD 17/07/2025) Sovereign
Market Capitalisation (% of allocation) 7.10%

TREPS, Cash, Cash Equivalents and Net Current Asset 32.18%

19.71% 24.64% 25.60%

Total Net Assets 100.00%

Large Cap Mid Cap Small Cap Grand Total: 69.95%

9
Samco Multi Cap Fund
(An open-ended scheme investing across large cap, midcap and small cap stocks)

Industry Allocation of Gross Equity Holding (% of Net Assets)

10% 9.01%

8%
6.35% 6.33%
5.45%
6% 5.24%
4.08%
3.31%
4%
2.22% 2.19% 2.00%
1.85% 1.80% 1.67% 1.65% 1.62% 1.62% 1.62% 1.57% 1.46% 1.28% 1.24% 1.22%
2% 1.15% 1.08% 1.01% 0.99% 0.94%

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Portfolio Comment for April 2025
Indian equity markets witnessed sharp swings due to the implications of the ongoing tariff war. The indices witnessed sharp selloff in the
initial part of the month, however, the markets bounced back in the latter part of the month. The Large and Midcap segment witnessed
strong up move followed by the smallcap segment showing a relatively tepid move. The Kashmir attack has sowed the seed for a new
conflict between India-Pakistan
. which could lead to jitters in the market as indicated by the indecisive moves in the last few days.
Your Fund, backed by proprietary trend-following models, continues to be agile in responding to these market changes. The
trend-following nature of the fund ensures that it is consistently positioned with a stable portfolio across market caps in segments
exhibiting the strongest momentum on both relative and absolute basis. The feature of the portfolio to remain largely hedged during periods
of uncertainty, ensures downside protection for investors while positioning for potential gains in the trending markets. The fund’s
momentum models have allowed it to effectively navigate the market volatility, ensuring that it remains aligned with market trends.
As of April 30, 2025, we have gross equity exposure of 69.95%, net equity exposure of 53.53% of net assets in Indian Equities, 14.29% in
debt instruments and the remaining 32.18% allocated to TREPS, Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Yale School of Active

Management professors whose concepts were first published in the Review of Financial Studies

85.17%
2009 paper tiled “How active is your Fund Manager”- A New Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that differs from the
benchmark index. The only way that the equity fund manager can outperform a given benchmark
is by taking positions that differ from those in the benchmark. Active Share will always fall between
As on April 30, 2025
0% and 100%, where 0% will indicate a truly passive index fund and a higher percentage closer to
100% will show true active management with portfolio stocks diverging from the benchmark.
Disclaimer :
We are voluntarily disclosing the Active Share of Samco Multi Cap Fund in the interest of maintaining high transparency to the investors.
Please refer to our website www.samcomf.com/active-share/samco-multi-cap-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

To generate long-term capital growth

A fund that invests predominantly in equity and equity related securities
across large cap, midcap and small cap stocks

*Investors should consult their financial advisers if in doubt about whether the product
is suitable for them. (Nifty 500 Multicap 50:25:25 TRI)
is Very High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
10
Samco Multi Asset Allocation Fund
(An open ended scheme investing in Equity, Fixed Income, Exchange Traded Commodity Derivatives / Units of Gold ETFs / Silver ETFs & units
of REITs/InvITs)

Investment Objective Portfolio as on April 30, 2025

The investment objective of the scheme is to generate long term % of equity % to % to net
Issuer Industry exposure of
capital appreciation by investing in a diversified portfolio of equity exposure Derivatives Net Assets
and equity related instruments, debt and money market Indian Equity and Equity Related Total 41.95% -3.24% 38.71%
instruments, Exchange Traded Commodity Derivatives / Units of
Gold ETFs, Silver ETF & units of REITs/InvITs. There is no assurance Coromandel International Ltd
Mazagon Dock Shipbuilders Ltd
Fertilizers & Agrochemicals
Industrial Manufacturing
3.18% 3.18%
2.44% 2.44%
that the investment objective of the scheme will be achieved. Dixon Technologies (India) Ltd
Bharat Dynamics Ltd
Consumer Durables 1.96% 1.96%
Aerospace & Defense 1.81% 1.81%
Solar Industries India Ltd Chemicals & Petrochemicals 1.64% 1.64%

Scheme Details
GlaxoSmithKline Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 1.63% 1.63%
Muthoot Finance Ltd Finance 1.60% 1.60%
Marico Ltd Agricultural Food & other Products 1.58% 1.58%
Abbott India Ltd Pharmaceuticals & Biotechnology 1.42% 1.42%
Page Industries Ltd Textiles & Apparels 1.30% 1.30%
Inception Date 24-Dec-2024 Coforge Ltd
Persistent Systems Ltd
IT - Software
IT - Software
1.29%
0.99%
1.29%
0.99%
(Date of Allotment) HDFC Asset Management Company Ltd
Avanti Feeds Ltd
Capital Markets
Food Products
0.98%
0.73%
0.98%
0.73%
Petronet LNG Ltd Gas
Benchmark 65% Nifty 50 TRI + 20% CRISIL Short Term Nippon Life India Asset Management Ltd Capital Markets
0.63%
0.62%
0.63%
0.62%
Bond Fund Index + 10% Domestic Price of AstraZeneca Pharma India Ltd
Manappuram Finance Ltd
Pharmaceuticals & Biotechnology
Finance
0.61%
0.58%
0.61%
0.58%
Gold and 5% Domestic Price of Silver Bajaj Holdings & Investment Ltd
Caplin Point Laboratories Ltd
Finance
Pharmaceuticals & Biotechnology
0.57%
0.51%
0.57%
0.51%
Bajaj Finance Ltd Finance
Min.Application ₹5,000/- and in multiples of ₹1/- thereafter Sumitomo Chemical India Ltd Fertilizers & Agrochemicals
0.65%
0.47%
-0.17% 0.48%
0.47%
Shree Cement Ltd Cement & Cement Products 0.90% -0.43% 0.47%
Amount Bharti Airtel Ltd Telecom - Services 0.62% -0.17% 0.45%
InterGlobe Aviation Ltd Transport Services 0.59% -0.15% 0.44%
Additional ₹500/- and in multiples of ₹1/- thereafter Eicher Motors Ltd
ICICI Bank Ltd
Automobiles
Banks
0.62%
0.86%
-0.19%
-0.43%
0.43%
0.43%
Purchase HDFC Bank Ltd
Godawari Power And Ispat Ltd
Banks
Industrial Products
0.57%
0.40%
-0.16% 0.41%
0.40%
Kotak Mahindra Bank Ltd Banks 0.53% -0.14% 0.39%
Entry Load NIL BLS International Services Ltd Leisure Services 0.38% 0.38%
Bajaj Finserv Ltd Finance 0.49% -0.11% 0.38%
Exit Load 10% of units can be redeemed without an exit
Divi's Laboratories Ltd
The Indian Hotels Company Ltd
Pharmaceuticals & Biotechnology
Leisure Services
0.51%
0.51%
-0.14%
-0.15%
0.37%
0.36%
360 One WAM Ltd Capital Markets 0.36% 0.36%
load within 12 months of allotment. Any Affle (India) Ltd IT - Services 0.36% 0.36%
redemption in excess of such limit in the first Gillette India Ltd
Zensar Technologies Ltd
Personal Products
IT - Software
0.34%
0.34%
0.34%
0.34%
12 months will incur 1% exit load. No exit load, Cholamandalam Investment and Finance Company Ltd
Computer Age Management Services Ltd
Finance
Capital Markets
0.45%
0.33%
-0.11% 0.34%
0.33%
if redeemed or switched out after 12 months Bharat Electronics Ltd
Central Depository Services (India) Ltd
Aerospace & Defense
Capital Markets
0.38% -0.07% 0.31%
0.30% 0.30%
from the date of allotment of unit. Motilal Oswal Financial Services Ltd Capital Markets 0.30% 0.30%
United Spirits Ltd Beverages 0.41% -0.11% 0.30%
JSW Steel Ltd Ferrous Metals 0.42% -0.13% 0.29%
Total Expense Regular Plan Direct Plan UTI Asset Management Company Ltd Capital Markets 0.29% 0.29%
Shriram Finance Ltd Finance 0.39% -0.11% 0.28%
Ratio (TER) 2.00% 0.33% Newgen Software Technologies Ltd
Mahindra & Mahindra Ltd
IT - Software
Automobiles
0.27% 0.27%
0.36% -0.10% 0.26%
as on April 30, Including Additional Expenses and Goods Torrent Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 0.36% -0.10% 0.26%
Action Construction Equipment Ltd Agricultural, Commercial & Construction Vehicles 0.24% 0.24%
2025 and Service Tax on Management Fees. eClerx Services Ltd Commercial Services & Supplies 0.23% 0.23%
Sun Pharmaceutical Industries Ltd Pharmaceuticals & Biotechnology 0.27% -0.07% 0.20%
Info Edge (India) Ltd Retailing 0.25% -0.06% 0.19%
Triveni Turbine Ltd Electrical Equipment 0.19% 0.19%

Fund Manager
Praj Industries Ltd Industrial Manufacturing 0.17% 0.17%
Tech Mahindra Ltd IT - Software 0.14% 0.03% 0.17%
Wipro Ltd IT - Software 0.17% 0.17%
Vedanta Ltd Diversified Metals 0.34% -0.19% 0.15%
Trent Ltd Retailing 0.120% 0.02% 0.14%
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager Gold ETF 35.35%
(Managing the scheme since inception) Nippon India ETF Gold Bees
HDFC Gold ETF
Mutual Funds 13.78%
Mutual Funds 13.41%
Total Experience: Over 20 years ICICI Prudential Gold ETF Mutual Funds 8.16%
Exchange Traded Commodity Derivative 9.51%
Mrs. Nirali Bhansali, Fund Manager FUTCOM_GOLD_05/06/2025 9.51%
(Managing this scheme since inception) Debt Instruments Sovereign 9.75%
6.99% GOI (MD 17/04/2026) 9.75%
Total Experience: Around 9 years
TREPS, Cash, Cash Equivalents and Net Current Asset 6.68%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager Total Net Assets 100.00%
(Managing this scheme since inception) * Exposure in holding < 0.01%

Total Experience: Around 6 years

Industry Allocation of Gross Equity Holding (% of Net Assets)
6%
NAV as on 30th April 2025(₹ per unit) 5.31%

4.73%

Regular Growth: ₹ 11.24

4%
Direct Growth: ₹ 11.31
3.65%
3.18%
3.23%

2.61%

Quantitative Data
2.19% 1.96%
1.96%
2% 1.64%
1.58%

1.30% 0.90%
0.98% 0.89% 0.63% 0.59%
Annualised Portfolio YTM : 5.94% 0.73% 0.62%
0.42%
0.41%
0.40%
0.39%
0.36%
0.34%
0.34%
0.24%
0.19%
0.23%
Macaulay Duration : 0.51 years 0
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AUM as on April 30, 2025 ₹258.87 Crs

Portfolio Classification by Asset & Rating Class as % of net assets
Average AUM for Month of April 2025 ₹244.08 Crs Net Equity 38.71%
Gold ETF 35.35%
Market Capitalisation (% of allocation)
Debt Instruments 9.75%
Exchange Traded 9.51%
10.12% 25.14% 6.74% Commodity Derivative
TREPS, Cash, Cash Equivalents 6.68%
Large Cap Mid Cap Small Cap Grand Total: 42.00% and Net Current Asset
0 10% 20% 30% 40% 50% 60% 70%

11
Samco Multi Asset Allocation Fund
(An open ended scheme investing in Equity, Fixed Income, Exchange Traded Commodity Derivatives / Units of Gold ETFs / Silver ETFs & units
of REITs/InvITs)

Portfolio Comment for April 2025

April was marked by uncertainty in the Indian and global markets. Markets have been exhibiting volatility globally backed
by the ongoing Tariff War. This has also led to a strong up move in gold as an asset class due to safe money chasing
security from higher money printing and volatility in other asset classes. The Indian Equity markets have climbed the wall
of worry due to better macros and stable internal factors. After this strong gold rally, the yellow metal might slowdown in
the short term leading to some consolidation for a while. The Indo-Pak conflict due to the Kashmir Attack would be an
important factor to watch out for the Indian equities in the near term.
True to its ROTATE model, your fund continues to focus on dynamically adjusting its allocation to the strongest asset
classes, ensuring that it is positioned for superior risk-adjusted returns. The gold exposure has slightly decreased with the
market’s recovery, but the fundamental tailwinds for the asset class continue to remain relevant leading to robust demand
both by central banks and institutions across the globe The trend-following nature of the model allows the fund to remain
agile, swiftly reallocating based on evolving market conditions to ensure downside protection while positioning for
long-term growth.
As of April 30, 2025, we have gross equity exposure of 42.00%, net equity exposure of 38.71% of net assets in Indian
.
Equities, 35.35% is Gold ETF, 9.51% in Exchange Traded Commodity Derivative (Gold), 9.75% in Government Securities,
with the remaining 6.68% allocated to TREPS, Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Active
Yale School of Management professors whose concepts were first published in the
Review of Financial Studies 2009 paper tiled “How active is your Fund Manager”- A

68.17%
New Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that
differs from the benchmark index. The only way that the equity fund manager can
outperform a given benchmark is by taking positions that differ from those in the As on April 30, 2025
benchmark. Active Share will always fall between 0% and 100%, where 0% will
indicate a truly passive index fund and a higher percentage closer to 100% will
show true active management with portfolio stocks diverging from the benchmark.

Disclaimer :
We are voluntarily disclosing the Active Share of Samco Multi Asset Allocation Fund in the interest of maintaining high transparency to the investors.
Please refer to our website www.samcomf.com/active-share/samco-multi-asset-allocation-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must make
their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

Capital appreciation & generating income over long term

Investment in a diversified portfolio of equity, fixed income, Exchange Traded
Commodity Derivatives / Units of Gold ETFs / Silver ETFs & units of REITs/InvITs

*Investors should consult their financial advisers if in doubt about whether the product is
suitable for them. (65% Nifty 50 TRI + 20% CRISIL Short Term Bond Fund Index
+ 10% Domestic Price of Gold and 5% Domestic Price of Silver)
is High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
12
Samco Large Cap Fund
(An open ended equity scheme predominantly investing in large cap stocks)

Investment Objective Portfolio as on April 30, 2025

The investment objective of the Scheme is to generate long-term % of equity % to % to net
Issuer Industry exposure of
capital appreciation from a diversified portfolio predominantly exposure Derivatives Net Assets
consisting of equity and equity related instruments of large cap Indian Equity and Equity Related Total 84.62% -33.82% 50.80%
companies. There is no assurance that the investment objective of
the scheme will be achieved. Bajaj Holdings & Investment Ltd Finance 3.17% 3.17%
Bajaj Finance Ltd Finance 4.84% -2.11% 2.73%
Shree Cement Ltd Cement & Cement Products 3.32% -0.63% 2.69%

Scheme Details Bharti Airtel Ltd

ICICI Bank Ltd
Telecom - Services
Banks
4.59%
3.95%
-1.96%
-1.37%
2.63%
2.58%
Eicher Motors Ltd Automobiles 4.74% -2.22% 2.52%
Inception Date 25-Mar-2025 InterGlobe Aviation Ltd Transport Services 4.64% -2.15% 2.49%
(Date of Allotment) HDFC Bank Ltd Banks 4.19% -1.79% 2.40%
Kotak Mahindra Bank Ltd Banks 4.33% -2.07% 2.26%
Benchmark Nifty 100 Total Returns Index
The Indian Hotels Company Ltd Leisure Services 2.14% 2.14%
Min.Application ₹5,000/- and in multiples of ₹1/- thereafter Bajaj Finserv Ltd Finance 3.23% -1.14% 2.09%
Divi's Laboratories Ltd Pharmaceuticals & Biotechnology 4.06% -1.98% 2.08%
Amount
Cholamandalam Investment and Finance Company Ltd
Finance 2.42% -0.49% 1.93%
Additional ₹500/- and in multiples of ₹1/- thereafter UltraTech Cement Ltd Cement & Cement Products 1.77% 1.77%
Purchase TVS Motor Company Ltd Automobiles 2.72% -0.97% 1.75%
JSW Steel Ltd Ferrous Metals 4.10% -2.40% 1.70%
Entry Load NIL United Spirits Ltd Beverages 2.84% -1.14% 1.70%
Exit Load 10% of units can be redeemed without an exit Bharat Electronics Ltd Aerospace & Defense 3.13% -1.46% 1.67%
load within 12 months of allotment. Any Axis Bank Ltd Banks 3.17% -1.54% 1.63%
redemption in excess of such limit in the first Shriram Finance Ltd Finance 2.23% -0.63% 1.60%
12 months will incur 1% exit load. No exit load, Grasim Industries Ltd Cement & Cement Products 3.59% -2.01% 1.58%
if redeemed or switched out after 12 months Torrent Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 3.18% -1.68% 1.50%
from the date of allotment of unit. Mahindra & Mahindra Ltd Automobiles 2.66% -1.17% 1.49%
HDFC Life Insurance Company Ltd Insurance 2.86% -1.38% 1.48%
Hindustan Aeronautics Ltd Aerospace & Defense 2.75% -1.53% 1.22%

Total Expense Regular Plan Direct Plan TREPS, Cash, Cash Equivalents and Net Current Asset 49.20%
Ratio (TER) 2.37% 0.67%
as on April 30, Including Additional Expenses and Goods Total Net Assets 100.00%
2025 and Service Tax on Management Fees.

Fund Manager Industry Allocation of Gross Equity Holding (% of Net Assets)

Mr. Umeshkumar Mehta, Director, CIO & Fund Manager
(Managing the scheme since inception) 20%
Total Experience: Over 20 years
15.89% 15.64%
Mrs. Nirali Bhansali, Fund Manager 16%
(Managing this scheme since inception)
12% 10.12%
Total Experience: Around 9 years 8.68%
7.24%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager 8% 5.88%
4.64% 4.59%
(Managing this scheme since inception) 4.10%
2.86% 2.84%
4%
Total Experience: Around 6 years 2.14%

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NAV as on 30 April 2025(₹ per unit)

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Assets Under Management (AUM) Market Capitalisation (% of allocation)

AUM as on April 30, 2025 ₹154.27 Crs 79.16% 5.46%
Average AUM for Month of April 2025 ₹152.42 Crs
Large Cap Mid Cap Small Cap Grand Total: 84.62%

13
Samco Large Cap Fund
(An open ended equity scheme predominantly investing in large cap stocks)

Portfolio Comment for April 2025

The Month of April was marked by heightened volatility on the back of the ongoing tariff war across the globe. Markets
witnessed steep reaction in the early part of the month but recovered sharply on the back of relatively better internal
factors. The Foreign Investors have exhibited initial signs of comeback to emerging markets like India in terms of flows and
sentiment on account of relatively weaker positioning of the US economy and the dollar. In these times of uncertainty, the
largecaps prove to be relatively safer in terms of their robust business models, predictable growth outlook and resilient
balance sheets. This hypothesis has also been visible in terms of the price recovery the large cap index has witnessed in
the recent times.
The fund is backed by the proprietary C.A.R.E. Momentum System, which dynamically adjusts allocations based on
cross-sectional, absolute, revenue, and earnings momentum signals. This systematic and adaptive approach enables the
fund to focus on high-momentum large cap stocks in bullish markets, while employing hedging strategies to protect
capital in weaker phases. The fund’s real-time rebalancing mechanism ensures that allocations are continuously
optimized, allowing investors to participate in market upswings while reducing exposure during downturns. The fund
employs a data-driven momentum approach, selecting stocks with strong relative performance ensuring that the portfolio
capitalizes on emerging
. opportunities while ensuring robust risk management.
As of April 30, 2025, we have gross equity exposure of 84.62%, net equity exposure of 50.80% of net assets in Indian
Equities and the remaining 49.20% allocated to TREPS, Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Active
Yale School of Management professors whose concepts were first published in the
Review of Financial Studies 2009 paper tiled “How active is your Fund Manager”- A

75.17%
New Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that
differs from the benchmark index. The only way that the equity fund manager can
outperform a given benchmark is by taking positions that differ from those in the As on April 30, 2025
benchmark. Active Share will always fall between 0% and 100%, where 0% will
indicate a truly passive index fund and a higher percentage closer to 100% will
show true active management with portfolio stocks diverging from the benchmark.

Disclaimer :
We are voluntarily disclosing the Active Share of Samco Multi Asset Allocation Fund in the interest of maintaining high transparency to the investors.
Please refer to our website www.samcomf.com/active-share/samco-large-cap-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must make
their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

To generate long-term capital growth

A fund that invests predominantly in equity and equity related securities of large cap
companies

*Investors should consult their financial advisers if in doubt about whether the product is
suitable for them.
(Nifty 100 TRI)
is Very High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

14
Samco Special Opportunities Fund
(An open-ended equity scheme following special situations theme)

Investment Objective Portfolio as on April 30, 2025

Issuer Industry / Rating % to Net
Assets
The investment objective of the scheme is to achieve
long-term capital appreciation by investing in a portfolio of Indian Equity and Equity Related Total 95.66%
securities that are involved in special situations such as Religare Enterprises Ltd Finance 7.22%
restructurings, turnarounds, spin-offs, mergers & Choice International Ltd Finance 4.30%
acquisitions, new trends, new & emerging sectors,
digitization, premiumization, and other special corporate Healthcare Global Enterprises Ltd Healthcare Services 3.65%
actions. These situations often create mispricings and Marathon Nextgen Realty Ltd Realty 3.29%
undervalued opportunities that the fund aims to exploit for Coromandel International Ltd Fertilizers & Agrochemicals 3.22%
potential capital appreciation. However, there can be no Page Industries Ltd Textiles & Apparels 3.04%
assurance or guarantee that the investment objective of Paradeep Phosphates Ltd Fertilizers & Agrochemicals 3.02%
the scheme would be achieved.
KRBL Ltd Agricultural Food & other Products 2.98%
Radico Khaitan Ltd Beverages 2.97%
Scheme Details Cholamandalam Financial Holdings Ltd Finance 2.88%
Kaveri Seed Company Ltd Agricultural Food & other Products 2.88%
Inception Date 06-Jun-2024
(Date of Allotment)
Chambal Fertilizers & Chemicals Ltd Fertilizers & Agrochemicals 2.81%
Aditya Birla Sun Life AMC Ltd Capital Markets 2.79%
Benchmark Nifty 500 TRI Bajaj Holdings & Investment Ltd Finance 2.77%
Nippon Life India Asset Management Ltd Capital Markets 2.76%
Min. Application ₹5000/- and in multiples of ₹1/- Narayana Hrudayalaya Ltd Healthcare Services 2.73%
Amount thereafter Krishna Institute Of Medical Sciences Ltd Healthcare Services 2.72%
Additional ₹500/- and in multiples of ₹1/- thereafter Shree Cement Ltd Cement & Cement Products 2.65%
Purchase Ami Organics Ltd Pharmaceuticals & Biotechnology 2.51%
UTI Asset Management Company Ltd Capital Markets 2.47%
Entry Load NIL Bajaj Finserv Ltd Finance 2.45%
SBI Cards and Payment Services Ltd Finance 2.36%
Exit Load 1.00% If the investment is redeemed
United Breweries Ltd Beverages 2.35%
or switched out on or before 365 days
Bajaj Finance Ltd Finance 2.31%
from the date of allotment of units.
Muthoot Finance Ltd Finance 2.30%
No Exit Load will be charged if Arvind Ltd Textiles & Apparels 2.14%
investment is redeemed or switched India Glycols Ltd Beverages 2.14%
out after 365 days from the date of Orient Cement Ltd Cement & Cement Products 2.10%
allotment of units. Blue Jet Healthcare Ltd Pharmaceuticals & Biotechnology 2.07%
Wockhardt Ltd Pharmaceuticals & Biotechnology 2.03%
JK Cement Ltd Cement & Cement Products 1.99%
Total Expense Regular Plan Direct Plan Maharashtra Scooters Ltd Finance 1.96%
Ratio (TER) LT Foods Ltd Agricultural Food & other Products 1.75%
2.41% 0.91% Home First Finance Company India Ltd Finance 1.29%
as on April 30,
Including Goods and Service Tax on Aavas Financiers Ltd Finance 1.25%
2025 Management Fees.
India Shelter Finance Corporation Ltd Finance 0.64%
JSW Holdings Ltd Finance 0.45%
Fund Manager Pearl Global Industries Ltd Textiles & Apparels 0.42%
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager TREPS, Cash, Cash Equivalents and Net Current Asset 4.34%
(Managing this scheme since inception)
Total Net Assets 100.00%
Total Experience: Over 20 years

Mrs. Nirali Bhansali, Fund Manager

(Managing this scheme since February 19, 2025) Industry Allocation of Gross Equity Holding (% of Net Assets)
Total Experience: Around 9 years
35% 32.18%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager 30%
(Managing this scheme since inception)
25%
Total Experience: Around 6 years
20%

NAV as on 30th April 2025(₹ per unit) 15%

9.10% 9.05% 8.02%
10% 7.61% 7.46% 6.74%
6.61%
5.60%
Regular Growth ₹ 7.77 5% 3.29%
Direct Growth ₹ 7.89
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Assets Under Management (AUM)

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AUM as on April 30, 2025 ₹ 149.68 Crs

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Average AUM for Month of April 2025

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Market Capitalisation (% of allocation)

7.53% 20.67% 67.46%

Large Cap Mid Cap Small Cap Grand Total: 95.66%

15
Samco Special Opportunities Fund
(An open-ended equity scheme following special situations theme)

Portfolio Comment for April 2025

April 2025 was marked by heightened volatility on the back of tariff war globally. The Indian markets did see a sharp down move
followed by a steep recovery across market segments. The ongoing Kashmir conflict is signalling towards uncertainty in the near
term. Moreover, there are some near term challenges in the economy in terms of weaker consumption and susceptibility to
geopolitical tensions. However, India continues to be in a period of transition, with structural shifts taking place across various
industries. The economy, though still facing some headwinds, is positioned for long-term growth due to the competitive advan-
tages it has gained in key areas such as labour productivity, cost of energy, and ease of doing business. This shift is bound to fuel
opportunities in various sectors. While the market recovery has provided relief, the key to success lies in capturing special situa-
tions that take time to materialize. The broader market still holds areas of value waiting to be unlocked.

True to its DISRUPTION strategy, your fund has focused on constructing a portfolio that spans a wide range of industries and
market segments, with exposure to ten distinct themes. The fund remains style-agnostic, ensuring flexibility and adaptability in
capturing opportunities as they arise. However, this type of investing is not without its challenges. Returns tend to be lumpy and
can take time to materialize,
. requiring patience from investors. The portfolio companies are actively monitored, and the fund
continues to adjust as market conditions evolve, ensuring that the underlying thesis holds true.

As of April 30, 2025, we have deployed 95.66% of net assets in Indian Equities, with the remaining 4.34% allocated to TREPS,
Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

Active

The Active Share was first introduced by Martijn Cremers and Antti Petajisto, both Yale

96.13%
School of Management professors whose concepts were first published in the Review
of Financial Studies 2009 paper tiled “How active is your Fund Manager”- A New
Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights) that
differs from the benchmark index. The only way that the equity fund manager can As on April 30, 2025
outperform a given benchmark is by taking positions that differ from those in the
benchmark. Active Share will always fall between 0% and 100%, where 0% will indicate
a truly passive index fund and a higher percentage closer to 100% will show true active *The calculation of active share henceforth will be
on free float market capitalization, a change from full
management with portfolio stocks diverging from the benchmark. market capitalization.

Disclaimer :
We are voluntarily disclosing the Active Share of Samco Special Opportunities Fund in the interest of maintaining high transparency to the
investors.
Please refer to our website www.samcomf.com/active-share/samco-special-opportunities-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

Long-term capital Appreciation;

An actively managed thematic equity scheme that invests in stocks
based on special situations theme

*Investors should consult their financial advisers if in doubt about whether the product is
suitable for them. (Nifty 500 TRI)
is Very High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

16
Samco ELSS Tax Saver Fund
(An open-ended Equity Linked Saving Scheme with a statutory lock-in of 3 years and tax benefit.)

Investment Objective Portfolio as on April 30, 2025

% to Net
The investment objective of the scheme is to generate Issuer Industry Assets
long-term capital appreciation through investments made
Indian Equity and Equity Related Total 99.42%
predominantly in equity and equity related instruments.
However, there can be no assurance or guarantee that the Motilal Oswal Financial Services Ltd Capital Markets 6.21%
investment objective of the scheme would be achieved. Nippon Life India Asset Management Ltd Capital Markets 4.01%
Persistent Systems Ltd IT - Software 3.93%
Central Depository Services (India) Ltd Capital Markets 3.88%
Coromandel International Ltd Fertilizers & Agrochemicals 3.80%
Mazagon Dock Shipbuilders Ltd Industrial Manufacturing 3.65%
Scheme Details Avanti Feeds Ltd Food Products 3.53%
Muthoot Finance Ltd Finance 3.24%
Inception Date 22-Dec-2022 360 One WAM Ltd Capital Markets 3.08%
(Date of Allotment) ICICI Bank Ltd Banks 3.00%
Affle (India) Ltd IT - Services 2.91%
Benchmark Nifty 500 TRI
Caplin Point Laboratories Ltd Pharmaceuticals & Biotechnology 2.90%
Min.Application ₹500/- and in multiples of ₹500/- Gillette India Ltd Personal Products 2.76%
Amount thereafter Abbott India Ltd Pharmaceuticals & Biotechnology 2.72%
Sumitomo Chemical India Ltd Fertilizers & Agrochemicals 2.70%
Additional ₹500/- and in multiples of ₹500/- Dixon Technologies (India) Ltd Consumer Durables 2.67%
Purchase thereafter Page Industries Ltd Textiles & Apparels 2.60%
Solar Industries India Ltd Chemicals & Petrochemicals 2.57%
Entry Load NIL Bharat Dynamics Ltd Aerospace & Defense 2.49%
eClerx Services Ltd Commercial Services & Supplies 2.46%
Exit Load NIL
K.P.R. Mill Ltd Textiles & Apparels 2.43%
Total Expense Marico Ltd Agricultural Food & other Products 2.41%
Regular Plan Direct Plan
Ratio (TER) Indian Energy Exchange Ltd Capital Markets 2.33%
2.37% 0.97% Zensar Technologies Ltd IT - Software 2.30%
as on April 30,
2025 Including Goods and Service Tax on GlaxoSmithKline Pharmaceuticals Ltd Pharmaceuticals & Biotechnology 2.29%
Management Fees. AstraZeneca Pharma India Ltd Pharmaceuticals & Biotechnology 2.21%
Manappuram Finance Ltd Finance 2.18%
Hindustan Zinc Ltd Non - Ferrous Metals 2.12%
Maharashtra Seamless Ltd Industrial Products 2.11%
Fund Manager Godawari Power And Ispat Ltd Industrial Products 2.09%
Coforge Ltd IT - Software 2.06%
Computer Age Management Services Ltd Capital Markets 2.02%
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager UTI Asset Management Company Ltd Capital Markets 1.98%
(Managing the scheme since August 01, 2023) BLS International Services Ltd Leisure Services 1.97%
Total Experience: Over 20 years Swan Energy Ltd Chemicals & Petrochemicals 1.64%
APL Apollo Tubes Ltd Industrial Products 1.54%
Mrs. Nirali Bhansali, Fund Manager Schaeffler India Ltd Auto Components 0.63%
(Managing this scheme since inception)
TREPS, Cash, Cash Equivalents & Net Current Asset 0.58%
Total Experience: Around 9 years
Total Net Assets 100.00%
Mr. Dhawal Ghanshyam Dhanani, Fund Manager
(Managing this scheme since inception) Industry Allocation of Gross Equity Holding (% of Net Assets)
Total Experience: Around 6 years

25% 23.51%

NAV as on 30th April 2025(₹ per unit)

20%
Regular Growth ₹ 12.12
15%
Direct Growth ₹ 12.55
10.12%
10% 8.29%
6.50%
Quantitative Data
5.74% 5.42%
5.03%
5% 4.21% 3.65% 3.53%
3.00% 2.91% 2.76% 2.67% 2.49% 2.46% 2.41%
2.12% 1.97%
0.63%
Portfolio Turnover Ratio: 2.00 times 0
Lower of sales or purchases divided by average AUM for last rolling 12 months
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AUM as on April 30, 2025 ₹ 110.12 Crs Market Capitalisation (% of allocation)

Average AUM for Month of April 2025 ₹ 106.17 Crs
5.12% 49.90% 44.40%

Large Cap Mid Cap Small Cap Grand Total: 99.42%

17
Samco ELSS Tax Saver Fund
(An open-ended Equity Linked Saving Scheme with a statutory lock-in of 3 years and tax benefit.)

Portfolio Comment for April 2025

The month of April was marked by wild market swings both in the Indian and global equity markets. However, Indian
markets marched towards higher levels despite these looming geo-political risks. The Kashmir attack has potentially
led to the beginning of a new risk which might be led by a retaliatory move by the Indian government. The markets
in the last few days have indicated some indecisiveness on back of these developments. During these uncertain
scenarios, the portfolio must be positioned to fundamentally strong businesses to avoid undue volatility and earnings
risk.
Your Fund remains focused on a balanced portfolio approach, emphasizing on high-growth companies in midcap and
smallcap sectors. The strategy remains focused on constructing a portfolio which is diversified, ensuring exposure
to the market segments with strong tailwinds while mitigating potential downside. With the flexibility to adapt to
market conditions, the fund is well-positioned to take advantage of growth opportunities in this volatile environment.
As of April 30, 2025, we have deployed 99.42% of net assets in Indian Equities, with the remaining 0.58% allocated
to TREPS, Cash, Cash Equivalents, and Net Current Assets.

Disclosure on Active Share

The Active Share was first introduced by Martijn Cremers and Antti Petajisto,
both Yale School of Management professors whose concepts were first Active
published in the Review of Financial Studies 2009 paper tiled “How active is your

93.61%
Fund Manager”- A New Measure That Predicts Performance.
Active Share measures the fraction of a portfolio (based on position weights)
that differs from the benchmark index. The only way that the equity fund
manager can outperform a given benchmark is by taking positions that differ
As on April 30, 2025
from those in the benchmark. Active Share will always fall between 0% and
100%, where 0% will indicate a truly passive index fund and a higher percentage
closer to 100% will show true active management with portfolio stocks diverging
from the benchmark.

Disclaimer :
We are voluntarily disclosing the Active Share of Samco ELSS Tax Saver Fund in the interest of maintaining high transparency to the investors.
Please refer to our website www.samcomf.com/active-share/samco-elss-fund to view how to calculate active share.
The information on Active Share should not be construed as a forecast or promise of returns or safeguard of capital. The Investors who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific investor.

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

Long Term Capital Appreciation;

Invests predominantly in equity and equity related instruments and provide
tax benefits under Section 80C of the Income Tax Act, 1961

*Investors should consult their financial advisers if in doubt about whether the product is
suitable for them. (Nifty 500 TRI)
is Very High

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
18
Samco Overnight Fund
(An open-ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk)

Investment Objective Portfolio as on April 30, 2025

The investment objective of the Scheme is to provide % to Net

Issuer Industry / Rating
reasonable returns commensurate with very low risk and Assets
providing a high level of liquidity, through investments Clearing Corporation of India Ltd NA 99.31%
made primarily in overnight securities having maturity/ Cash, Cash Equivalents and Net
residual maturity of 1 day. However, there can be no NA 0.69%
Current Asset
assurance or guarantee that the investment objective of
the scheme would be achieved. Total Net Assets 100.00%

Scheme Details Portfolio composition by asset class(%)

Inception Date 12-Oct-2022 99.31%
(Date of Allotment)
Tri-Party Repo (TREPS)
Benchmark CRISIL Liquid Overnight Index
Min.Application ₹5,000/- and in multiples of ₹1/-
Cash & Other Net Current Assets 0.69%
Amount thereafter
thereafter
Additional ₹500/- and in multiples of ₹1/- 0.00% 20.00% 40.00% 60.00% 80.00% 100.00%
Purchase thereafter
Entry Load NIL
Portfolio classification by rating class(%)
Exit Load NIL

Total Expense Regular Plan Direct Plan

0.69%
Ratio (TER) 0.33% 0.13%
as on April 30,
2025 Including Goods and Service Tax on
Management Fees.

Fund Manager
Mr. Umeshkumar Mehta, Director, CIO & Fund Manager
(Managing this scheme since April 03, 2024)
Total Experience: Over 20 years 99.31%

Mrs. Nirali Bhansali, Fund Manager

(Managing this scheme since February 19, 2025)
Total Experience: Around 9 years
Tri-Party Repo (TREPS) Cash & Other Net Current Assets
Mr. Dhawal Ghanshyam Dhanani, Fund Manager
(Managing this scheme since inception)
Total Experience: Around 6 years Potential Risk Class

NAV as on 30th April 2025(₹ per unit) Credit Risk Relatively Low Relatively High
Moderate (Class B)
Interest Rate Risk (Class A) (Class C)
Regular Growth ₹ 1168.0341
Relatively Low (Class I) A-I
Direct Growth ₹ 1174.6705
Moderate (Class II)

Quantitative Data Relatively High (Class III)

A relatively low interest rate risk and relatively low credit risk
Annualised Portfolio YTM : 5.90%
Macaulay Duration : 2 days
Residual Maturity : 2 days
Modified Duration : 2 days This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

• Regular income with high levels of safety and liquidity

Assets Under Management (AUM) over short term.
• Investment in fixed income instruments with overnight
AUM as on April 30, 2025 ₹51.42 Crs maturity.

Average AUM for Month of April 2025 ₹54.80 Crs

*Investors should consult their financial advisers if in doubt (CRISIL Overnight Fund AI Index)
about whether the product is suitable for them. is Low

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
19
Samco Arbitrage Fund
(An open ended scheme investing in arbitrage opportunities)

Investment Objective Portfolio as on April 30, 2025

% of equity % to % to net
The investment objective of the Scheme is to generate Issuer Industry / Rating
exposure Derivatives
exposure of
capital appreciation and income by predominantly Net Assets
investing in arbitrage opportunities in the cash and the Indian Equity and Equity Related Total 66.83% -67.04% -0.21%
derivative segments of the equity markets and the
arbitrage opportunities available within the derivative Vodafone Idea Ltd Telecom - Services 7.26% -7.26% 0.00%
segment and by investing the balance in debt and money ICICI Bank Ltd Banks 7.01% -7.05% -0.04%
market instruments. There is no assurance that the
investment objective of the scheme will be achieved. Reliance Industries Ltd Petroleum Products 6.03% -6.05% -0.02%
Bharti Airtel Ltd Telecom - Services 5.99% -6.00% -0.01%
Scheme Details Kotak Mahindra Bank Ltd Banks 5.97% -5.99% -0.02%
Samvardhana Motherson International Ltd Auto Components 5.78% -5.80% -0.02%
Inception Date 27-Nov-2024
(Date of Allotment) Titan Company Ltd Consumer Durables 5.54% -5.56% -0.02%
ITC Ltd Diversified FMCG 5.49% -5.50% -0.01%
Benchmark Nifty 50 Arbitrage TRI
Tata Consultancy Services Ltd IT - Software 5.03% -5.03% 0.00%
Min. Application ₹5000/- and in multiples of ₹1/- Infosys Ltd IT - Software 4.53% -4.54% -0.01%
Amount thereafter HDFC Bank Ltd Banks 4.41% -4.43% -0.02%
Additional ₹500/- and in multiples of ₹1/- thereafter Coal India Ltd Consumable Fuels 3.79% -3.83% -0.04%
Purchase
TREPS, Cash, Cash Equivalents and Net Current Asset 100.21%
Entry Load NIL
Total Net Assets 100.00%
Exit Load 0.25% If the investment is redeemed
or switched out on or before 7 days
Industry Allocation of Gross Equity Holding (% of Net Assets)
from the date of allotment of units; No
Exit Load will be charged if investment
20%
is redeemed or switched out after 7 17.39%

days from the date of allotment of

units. 15% 13.25%

9.56%
Total Expense Regular Plan Direct Plan 10%
Ratio (TER) 1.18% 0.38% 6.03% 5.78% 5.54% 5.49%
as on April 30, 3.79%
The TER of the scheme shall be available on 5%
2025
the date of re-opens for subscription.
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Mrs. Nirali Bhansali, Fund Manager

(Managing this scheme since February 19, 2025)
Total Experience: Around 9 years Market Capitalisation (% of allocation)
Mr. Dhawal Ghanshyam Dhanani, Fund Manager 59.57% 7.26%
(Managing this scheme since inception)
Total Experience: Around 6 years Large Cap Mid Cap Small Cap Grand Total: 66.83%

NAV as on 30th April 2025(₹ per unit) Assets Under Management (AUM)

Regular Growth ₹ 10.22 AUM as on April 30, 2025 ₹ 38.45 Crs

Direct Growth ₹ 10.25
Average AUM for Month of April 2025 ₹ 36.02 Crs

This product is suitable for investors who are seeking * : Scheme Risk-o-meter Benchmark Risk-o-meter

To generate low volatility returns over short to medium term

Predominantly investing in arbitrage opportunities in the cash and
derivative segments of the equity markets

*Investors should consult their financial advisers if in doubt about whether the product
is suitable for them. (Nifty 50 Arbitrage TRI)
is Low

Note: The Scheme risk-o-meter and Benchmark risk-o-meter is based on evaluation of the portfolio data as on March 31, 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
20
Fund Performance
Samco Active Momentum Fund
Additional Value of Investment of 10,000
Fund Benchmark
Period Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 1 year 5.72% 5.95% 9.01% 10,572 10,595 10,901
Since Inception 18.77% 17.84% 14.45% 13,680 13,487 12,788
Direct Plan - Growth Option
Last 1 year 7.10% 5.95% 9.01% 10,710 10,595 10,901
Since Inception 20.42% 17.84% 14.45% 14,030 13,487 12,788

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 05-Jul-23.

Past performance may or may not be sustained in the future. Returns computed on compounded annualised
basis based on the NAV. Different Plans i.e. Regular Plan and Direct Plan under the scheme has different expense
structure. The “since inception” returns of the scheme are calculated on Rs. 10/- invested at inception. The Fund
is co-managed by Mr. Umeshkumar Mehta (since August 01, 2023), Mrs. Nirali Bhansali (since February 19, 2025)
and Mr. Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period is a
non-business date (NBD), the NAV of the previous date is considered for computation of returns.

Samco Dynamic Asset Allocation Fund

Additional Value of Investment of 10,000
Fund Benchmark
Period Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 1 year -1.67% 9.98% 9.01% 9,833 10,998 10,901
Since Inception 0.15% 10.00% 9.80% 10,020 11,362 11,335
Direct Plan - Growth Option
Last 1 year 0.00% 9.98% 9.01% 10,000 10,998 10,901
Since Inception 1.86% 10.00% 9.80% 10,250 11,362 11,335

Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index Additional Benchmark: Nifty 50 TRI.
Inception/Allotment date: 28-Dec-23.

Past performance may or may not be sustained in the future. Returns computed on compounded annualised
basis based on the NAV. Different Plans i.e. Regular Plan and Direct Plan under the scheme has different expense
structure. The “since inception” returns of the scheme are calculated on Rs. 10/- invested at inception. The Fund
is co-managed by Mr. Umeshkumar Mehta (since inception), Mrs. Nirali Bhansali (since February 19, 2025) and Mr.
Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period is a
non-business date (NBD), the NAV of the previous date is considered for computation of returns.

21
Samco Flexi Cap Fund
Additional Value of Investment of 10,000
Fund Benchmark
Period Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 1 year -17.22% 5.95% 9.01% 8,278 10,595 10,901
Last 3 years -0.03% 15.33% 13.78% 9,990 15,351 14,742
Since Inception -0.91% 13.53% 11.98% 9,710 15,077 14,421

Direct Plan - Growth Option

Last 1 year -16.08% 5.95% 9.01% 8,392 10,595 10,901
Last 3 years 1.41% 15.33% 13.78% 10,430 15,351 14,742
Since Inception 0.55% 13.53% 11.98% 10,180 15,077 14,421

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 4-Feb-22.

Past performance may or may not be sustained in the future. Returns computed on compounded annualised
basis based on the NAV. Different Plans i.e. Regular Plan and Direct Plan under the scheme has different expense
structure. The “since inception” returns of the scheme are calculated on Rs. 10/- invested at inception. The Fund
is co-managed by Mr. Umeshkumar Mehta (since August 01, 2023), Mrs. Nirali Bhansali (since inception) and Mr.
Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period is a
non-business date (NBD), the NAV of the previous date is considered for computation of returns.

Samco ELSS Tax Saver Fund

Additional Value of Investment of 10,000
Fund Benchmark
Period Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 1 year -11.21% 5.95% 9.01% 8,879 10,595 10,901
Since Inception 8.50% 17.33% 14.51% 12,120 14,572 13,762
Direct Plan - Growth Option
Last 1 year -9.91% 5.95% 9.01% 9,009 10,595 10,901
Since Inception 10.12% 17.33% 14.51% 12,550 14,572 13,762

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 22-Dec-22.

Past performance may or may not be sustained in the future. Returns computed on compounded annualised
basis based on the NAV. Different Plans i.e. Regular Plan and Direct Plan under the scheme has different expense
structure. The “since inception” returns of the scheme are calculated on Rs. 10/- invested at inception. The Fund
is co-managed by Mr. Umeshkumar Mehta (since August 01, 2023), Mrs. Nirali Bhansali (since February 19, 2025)
and Mr. Dhawal Ghanshyam Dhanani (since February 19, 2025). In case the start / end date of the concerned
period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns.

22
Samco Special Opportunities Fund
Additional Value of Investment of 10,000
Fund Benchmark
Period Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 6 months -42.91% -5.32% 1.70% 7,872 9,736 10,084
Since Inception -24.82% 4.28% 8.37% 7,770 10,385 10,752
Direct Plan - Growth Option
Last 6 months -41.59% -5.32% 1.70% 7,938 9,736 10,084
Since Inception -23.48% 4.28% 8.37% 7,890 10,385 10,752

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 06-June-24.

Samco Special Opportunities Fund have not completed 1 year but have completed 6 months, accordingly, simple
annualised returns are shown. Past performance may or may not be sustained in future and should not be used as
a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of
₹10 invested at inception. Different Plans i.e. Regular Plan and Direct Plan under the scheme has different expense
structure.

The Fund is co-managed by Mr. Umeshkumar Mehta (since inception), Mrs. Nirali Bhansali (since February 19,
2025) and Mr. Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period
is a non-business date (NBD), the NAV of the previous date is considered for computation of returns.

Samco Multi Cap Fund

Additional Value of Investment of 10,000
Fund Benchmark
Period Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 6 months -10.20% -9.60% 1.70% 8,980 9,524 10,084
Since Inception -20.46% -9.41% 0.61% 8,980 9,531 10,030
Direct Plan - Growth Option
Last 6 months -9.50% -9.60% 1.70% 9,050 9,524 10,084
Since Inception -19.05% -9.41% 0.61% 9,050 9,531 10,030

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 500 Multicap 50:25:25 Total Returns Index.
Inception/Allotment date: 30-Oct-2024.

Samco Multi Cap Fund have not completed 1 year but have completed 6 months, accordingly, simple annualised
returns are shown. Past performance may or may not be sustained in future and should not be used as a basis of
comparison with other investments. Since inception returns of the scheme is calculated on face value of ₹10
invested at inception. Different Plans i.e. Regular Plan and Direct Plan under the scheme has different expense
structure.

The Fund is co-managed by Mr. Umeshkumar Mehta (since inception), Mrs. Nirali Bhansali (since February 19,
2025) and Mr. Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period
is a non-business date (NBD), the NAV of the previous date is considered for computation of returns.

23
Samco Overnight Fund
Additional Value of Investment of 10,000
Period Fund Benchmark
Benchmark Additional
Returns (%) Returns (%) Fund (₹) Benchmark (₹)
Returns (%) Benchmark (₹)
Regular Plan - Growth Option
Last 7 days 5.43% 5.80% 7.88% 10,010 10,011 10,015
Last 15 days 5.35% 5.79% 8.15% 10,022 10,024 10,034
Last 30 days 5.40% 5.85% 11.83% 10,044 10,048 10,097
Last 1 year 6.12% 6.59% 7.86% 10,612 10,659 10,786
Since Inception 6.28% 6.65% 7.43% 11,680 11,785 12,006

Direct Plan - Growth Option

Last 7 days 5.63% 5.80% 7.88% 10,011 10,011 10,015
Last 15 days 5.54% 5.79% 8.15% 10,023 10,024 10,034
Last 30 days 5.60% 5.85% 11.83% 10,046 10,048 10,097
Last 1 year 6.35% 6.59% 7.86% 10,635 10,659 10,786
Since Inception 6.51%tt 6.65% 7.43% 11,747 11,785 12,006

Benchmark: CRISIL Overnight Fund AI Index Additional Benchmark: CRISIL 1 Year T-Bill Index.
Inception/Allotment date: 12-Oct-22.

Past performance may or may not be sustained in future. The returns are simple annualized for less than 1 year
and compounded annualized for more than 1 year. Different Plans i.e. Regular Plan and Direct Plan under the
scheme has different expense structure. The “since inception” returns of the scheme are calculated on face value
of Rs. 1,000 invested at inception. The Fund is co-managed by Mr. Umeshkumar Mehta (since April 03, 2024), Mrs.
Nirali Bhansali (since February 19, 2025) and Mr. Dhawal Ghanshyam Dhanani (since inception). In case, the start
/ end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for
computation of returns.

24
SIP Performance
Samco Active Momentum Fund
Additional Additional
Amount Fund Value Fund Returns Benchmark Benchmark
Period Benchmark Benchmark
invested (Rs) (Rs) (%) value (Rs) Returns (%)
Value (Rs) Returns (%)
Regular Plan - Growth Option
Last 1 year 1,20,000 1,13,515 -9.96% 1,19,458 -0.85% 1,22,901 4.56%
Since Inception 2,10,000 2,20,597 5.51% 2,28,706 9.69% 2,30,763 10.75%

Direct Plan - Growth Option

Last 1 year 1,20,000 1,14,326 -8.73% 1,19,458 -0.85% 1,22,901 4.56%
Since Inception 2,10,000 2,23,518 7.02% 2,28,706 9.69% 2,30,763 10.75%

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 05-Jul-23.

Past performance may or may not be sustained in the future. For SIP returns, monthly investment of Rs.10,000
invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after
accounting for the cash flow by using the XIRR method (investment internal rate of return). The Fund is
co-managed by Mr. Umeshkumar Mehta (since August 01, 2023), Mrs. Nirali Bhansali (since February 19, 2025)
and Mr. Dhawal Ghanshyam Dhanani (since February 19, 2025).

In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the subsequent date
is considered for computation of returns.

Samco Flexi Cap Fund

Additional Additional
Amount Fund Value Fund Returns Benchmark Benchmark
Period Benchmark Benchmark
invested (Rs) (Rs) (%) value (Rs) Returns (%)
Value (Rs) Returns (%)
Regular Plan - Growth Option
Last 1 year 1,20,000 1,02,395 -26.25% 1,19,458 -0.85% 1,22,901 -9.37%
Last 3 years 3,60,000 3,36,804 -4.28% 4,53,723 15.65% 4,43,572 14.07%
Since Inception 3,80,000 3,56,112 -3.96% 4,84,763 15.59% 4,73,034 13.97%
Direct Plan - Growth Option
Last 1 year 1,20,000 1,03,128 -25.21% 1,19,458 -0.85% 1,22,901 -9.37%
Last 3 years 3,60,000 3,44,621 -2.82% 4,53,723 15.65% 4,43,572 14.07%
Since Inception 3,80,000 3,64,834 -2.50% 4,84,763 15.59% 4,73,034 13.97%

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 4-Feb-22.

Past performance may or may not be sustained in the future. For SIP returns, monthly investment of Rs.10,000
invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after
accounting for the cash flow by using the XIRR method (investment internal rate of return). The Fund is
co-managed by Mr. Umeshkumar Mehta (since August 01, 2023), Mrs. Nirali Bhansali (since inception) and Mr.
Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period is a
non-business date (NBD), the NAV of the subsequent date is considered for computation of returns.

25
Samco ELSS Tax Saver Fund
Additional Additional
Amount Fund Value Fund Returns Benchmark Benchmark
Period Benchmark Benchmark
invested (Rs) (Rs) (%) value (Rs) Returns (%)
Value (Rs) Returns (%)
Regular Plan - Growth Option
Last 1 year 1,20,000 1,06,161 -20.85% 1,19,458 -0.85% 1,22,901 4.56%
Since Inception 2,80,000 2,75,604 -1.31% 3,31,478 14.66% 3,27,203 13.49%
Direct Plan - Growth Option
Last 1 year 1,20,000 1,06,953 -19.70% 1,19,458 -0.85% 1,22,901 4.56%
Since Inception 2,80,000 2,80,715 0.21% 3,31,478 14.66% 3,27,203 13.49%

Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Inception/Allotment date: 22-Dec-22.

Past performance may or may not be sustained in the future. For SIP returns, monthly investment of Rs.10,000
invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after
accounting for the cash flow by using the XIRR method (investment internal rate of return). The Fund is
co-managed by Mr. Umeshkumar Mehta (since August 01, 2023), Mrs. Nirali Bhansali (since February 19, 2025)
and Mr. Dhawal Ghanshyam Dhanani (since February 19, 2025). In case, the start / end date of the concerned
period is a non-business date (NBD), the NAV of the subsequent date is considered for computation of returns.

Samco Dynamic Asset Allocation Fund

Additional Additional
Amount Fund Value Fund Returns Benchmark Benchmark
Period Benchmark Benchmark
invested (Rs) (Rs) (%) value (Rs) Returns (%)
Value (Rs) Returns (%)
Regular Plan - Growth Option
Last 1 year 1,20,000 1,11,691 -12.70% 1,25,229 8.27% 1,22,901 4.56%
Since Inception 1,60,000 1,51,298 -7.73% 1,70,034 8.97% 1,67,629 6.82%

Direct Plan - Growth Option

Last 1 year 1,20,000 1,12,655 -11.26% 1,25,229 8.27% 1,22,901 4.56%
Since Inception 1,60,000 1,53,082 -6.15% 1,70,034 8.97% 1,67,629 6.82%

Benchmark: NIFTY50 Hybrid Composite Debt 50: 50 Index Additional Benchmark: Nifty 50 TRI.
Inception/Allotment date: 28-Dec-23.

Past performance may or may not be sustained in the future. For SIP returns, monthly investment of Rs.10,000
invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after
accounting for the cash flow by using the XIRR method (investment internal rate of return). The Fund is
co-managed by Mr. Umeshkumar Mehta (since inception), Mrs. Nirali Bhansali (since February 19, 2025) and Mr.
Dhawal Ghanshyam Dhanani (since inception). In case, the start / end date of the concerned period is a
non-business date (NBD), the NAV of the subsequent date is considered for computation of returns.

26
 From the innovators of India’s first Active Momentum Fund

invest in

Samco Large Cap Fund

(An open-ended equity scheme predominantly investing in large cap stocks)

Powered by C.A.R.E. Momentum Strategy

This system identifies large-cap stocks with strong momentum in Cross Sectional, Absolute, Revenue, and
Earnings Momentum. By focusing on the top 100 companies by market capitalization, the fund optimizes the
portfolio and mitigates risks using derivatives and hedging during market volatility.

This product is suitable for investors who are seeking* : Risk-o-meter

Mod
erate
erate High ly
Mod
• To generate long-term capital growth
er to
e

H
at
M Low

ig
h

• A fund that invests predominantly in equity and equity related securities of large cap companies
od

Very
Low

High

RISK-O-METER
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
The risk of the scheme
is Very High

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Mutual Fund investments are subject to market risks,
read all scheme related documents carefully.

Contact Us

Samco Asset Management Private Ltd.

1003 – A wing, Naman Midtown, 10th Floor, Senapati Bapat Marg, Prabhadevi (West)
Mumbai 400 013, India.
CIN No: U65929MH2019PTC334121

Samco Mutual Fund

SEBI Mutual Fund registration no: MF/077/21/03

022-41708999 | +91 63572 22000 mfassist@samcomf.com

Toll Free No: 1800 103 4757

Visit
www.samcomf.com
For more information

14