Samco Overnight Fund
NAV : ₹ 1,144.871 as of 25 December, 2024
Overview
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,10,447 (+3.37%)
Disclaimer: Past performance is not an indicator of future returns
Top Holdings
| Name | Weight(%) |
|---|---|
CBLO | 100.32% |
| Name | Weight(%) |
|---|---|
CASH | -0.32% |
Other Scheme Info
Inclusive of GST
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Samco Overnight Fund Managers
Umeshkumar Mehta
Apr 2024 - Present
Abhiroop Mukherjee
Nov 2023 - Present
List of Samco Mutual Fund’s top performing schemes
Fund House
Samco Mutual Fund
Total AUM: 2051.36Cr
Samco Mutual Fund is backed by Samco Securities Limited, a wealth technology start-up. The Samco Group made its debut in the capital markets in 1993 as Samruddhi Stock Brokers Limited, and in 2015, under the leadership of Jimeet Modi, Group CEO, it was rebranded as Samco Securities. The Samco Group is engaged in various sectors such as mutual fund distribution, stock broking, asset management, capital market lending, and advisory services. Samco MF is dedicated to offering products aimed at delivering superior risk-adjusted returns over the long term. Additionally, Samco Asset Management Company stands out as the first AMC in India to voluntarily disclose daily active shares, demonstrating its commitment to active asset management.
Learn more about Samco Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
FAQ for Samco Overnight Fund
How to start an SIP in Samco Overnight Fund?
To start an SIP in Samco Overnight Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Samco Overnight Fund.
3. On the Samco Overnight Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
How to invest in Samco Overnight Fund?
To invest in Samco Overnight Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Samco Overnight Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
How do I automate an SIP in Samco Overnight Fund?
To automate an SIP in Samco Overnight Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Samco Overnight Fund automatically, ensuring consistent contributions without manual intervention.
How can I withdraw/redeem my investment in Samco Overnight Fund?
To withdraw or redeem your investment in Samco Overnight Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Samco Overnight Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
What is the NAV of Samco Overnight Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Samco Overnight Fund is ₹1,144.87
What is the AUM of Samco Overnight Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Samco Overnight Fund is ₹61.06 Cr.
What is the minimum SIP amount for Samco Overnight Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Samco Overnight Fund is ₹500
What is the Expense Ratio of Samco Overnight Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Samco Overnight Fund is 0.33%
What is the Exit load of Samco Overnight Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
