Samco Mutual Fund launches Samco ELSS Tax Saver Fund

NFO period: 15^th November – 16^th December, 2022

Highlights of the NFO:

• Scheme type – An open-ended Equity Linked Saving Scheme with a statutory lock in of 3 years and tax benefit


• Investment objective – The investment objective of the scheme is to generate long-term capital appreciation through investments made predominantly in equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability – The product is suitable for investors who are seeking Long Term Capital Appreciation by investing predominantly in equity and equity related instruments and provide tax benefits under Section 80C of the Income Tax Act, 1961.


• Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 500/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan. Each plan offers growth option only.


• Fund Managers – Mrs. Nirali Bhansali (Fund Manager - Equity)


• Benchmark – Nifty 500 Index TRI