Samco Mutual targets 15% of total Active MFDs Indore by January

| | BHOPAL
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Samco Mutual targets 15% of total Active MFDs Indore by January

Friday, 31 December 2021 | Staff Reporter | BHOPAL

Samco Mutual Fund is all set to expand its business in the state of Madhya Pradesh. With the aim to partner with 200+ distributors across the city, the company has a target to achieve 15% market share of MFDs by the end of January 2022.

Identifying Indore which has culturally rich heritage is also amongst the key markets for growth, Samco is all set up to ramp up its distribution and assets under management in the city with the upcoming launch of the mutual fund.

The Samco Group believes in innovating the right set of products and solutions for its customers and in line with this strategy Samco Mutual Fund introduces 'Stress Tested Investing' for the first time in India. Stress Tested investing is a strategy to put to work money with businesses that can endure and survive in a variety of stressful situations and generate long-term risk-adjusted returns. Each business is put through a series of six rigorous tests defined by SAMCO’s proprietary HexaShield framework and only businesses that pass the HexaShield test shall form a part of the investable universe. SAMCO’s HexaShield framework is designed to stress test whether a business can survive across a variety of macro and microeconomic pressures and truly be a compounding machine.

Also, for the first time in India, SAMCO Mutual Fund will transparently disclose daily Active Share to Indian Investors, so they know that when they are paying an active fee, it’s certainly for buying something widely different from the Index.

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