Samco Active Momentum Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 18, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Samco Active Momentum Fund Direct Growth Plan is at a NAV of ₹15.99 as of 17 Sep 2026, with scheme AUM of ₹751 Cr. Its 1-year, 3-year and 5-year returns are 12.54%, 14.87% and 0%, respectively, and it sits in the High Risk category.
Our view is that this is a differentiated equity fund for investors who can tolerate sharp swings and are comfortable with a portfolio that does not track the broad index closely. The recent return pattern is stronger than the benchmark, but the longer-term picture is mixed because the fund’s 5-year return is not available as a meaningful track record and the benchmark comparison has not been steady across all periods.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹15.99 as of 17 Sep 2026 |
| AUM | ₹751 Cr |
| Expense Ratio | 0.86% |
| Launch Date | 05 Jul 2023 |
| Min SIP | ₹250 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 365D, Nil after 365D |
| Fund Managers | Umeshkumar Mehta, Nirali Bhansali, Dhawal Ghanshyam Dhanani, Vishal Shinde |
The fund is managed by Umeshkumar Mehta, Nirali Bhansali, Dhawal Ghanshyam Dhanani and Vishal Shinde.
Source data date: as of 17 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | 1.78% | -3.66% |
| 3M | 7.24% | -3.71% |
| 1Y | 12.54% | -7.13% |
| 3Y | 14.87% | 5.82% |
| 5Y | Data not available | Data not available |
The fund has been stronger than the benchmark over the recent 1-month, 3-month and 1-year periods. That matters because the benchmark itself has been soft over those same horizons, so the fund’s positive figures show it held up better in a difficult market backdrop.
The 3-year return is also positive at 14.87%, which suggests the strategy has been able to compound over a fuller market cycle. At the same time, the benchmark’s 3-year return of 5.82% is lower, so the fund has still stayed ahead on a medium-term basis.
The bigger caution is that the fund launched in July 2023, so the 5-year return is not available in a meaningful sense. That means our read-through has to lean more on the shorter track record and on how the fund behaved through the 3-year period rather than on a long-established history.
The return pattern also looks uneven enough to deserve attention. The shorter-term recovery is visible, but it does not erase the fact that this is a high-risk equity strategy that can move materially over time and may not suit investors who want a smooth ride.
Source data date: as of 17 Sep 2026
Should you BUY or HOLD Samco Active Momentum?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Samco Active Momentum? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Samco Active Momentum Fund Direct Growth Plan | 12.54% | 14.87% | Data not available |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 69.8% | 36.32% | Data not available |
| HDFC Pharma and Healthcare Fund Direct Growth Plan | 25.31% | Data not available | Data not available |
| Kotak Healthcare Fund Direct Growth Plan | 25.27% | Data not available | Data not available |
| Motilal Oswal Active Momentum Fund Direct Growth Plan | 24.51% | Data not available | Data not available |
| PGIM India Healthcare Fund Direct Growth Plan | 22.75% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund’s 1-year return trails the strongest peer readings in the table, especially ICICI Pru Strategic Metal and Energy Equity FoF, but it remains ahead of the benchmark. On the medium-term side, the 3-year return is healthier than the benchmark and is the only longer-horizon peer figure in this set, so the short-term comparison looks weaker than the medium-term one.
Because most peer 3-year and 5-year figures are not available, the peer picture is split: the 1-year data points show this fund sitting below several specialised peers, while the available 3-year data still confirms positive compounding. That makes the recent peer comparison more about relative momentum than about a complete long-term contest.
Source data date: as of 17 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Sterlite Technologies Limited | Electricals | 6.29% |
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 5.84% |
| Religare Enterprises Limited | Finance | 4.92% |
| Ather Energy Limited | Domestic Equities | 3.89% |
| HFCL Limited | Telecom | 3.84% |
| Welspun Corp Limited | Iron & Steel | 3.41% |
| Shilpa Medicare Limited | Healthcare | 3.08% |
| Mtar Technologies Limited | Capital Goods | 2.99% |
| Sansera Engineering Limited | Automobile & Ancillaries | 2.86% |
| Avalon Technologies Limited | Electricals | 2.68% |
The top 10 holdings account for approximately 39.8% of the portfolio.
To see all holdings, visit the Samco Active Momentum Fund Direct Growth Plan page
The largest holding, Sterlite Technologies Limited, carries a 6.29% weight, which is meaningful but not dominant on its own. The drop from the first holding to the tenth is moderate rather than extreme, and that suggests the fund is not relying on a single position to drive outcomes.
At the same time, the top 10 names together make up 39.8% of the portfolio, while 52 holdings are disclosed overall. That mix points to a portfolio that spreads exposure across a reasonably long tail, even though the leading positions still could have greater influence on short-term returns.
Some of the largest weights sit in Electricals, Finance, Telecom and Industrial-linked names, so performance may be sensitive to how these themes behave. The cash and cash-equivalent holding is also notable in the second spot, which may help liquidity but also means the active momentum posture is not fully deployed into operating businesses at all times.
Source data date: as of 17 Sep 2026
Who should invest
This fund suits investors with a high tolerance for volatility and a willingness to stay invested for at least a medium-term horizon. The High Risk label matters here, because the portfolio can move sharply and the recent return profile has been uneven even though the 1-year and 3-year figures are positive.
It is more relevant for investors who are comfortable with an active equity approach that may diverge from the Nifty 50 rather than tracking it closely. The trade-off is straightforward: you are accepting a more erratic path in exchange for the possibility of stronger upside when the strategy’s momentum calls work well.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
The exit load is 1% if units are sold on or before 365D, and nil after 365D.
Source data date: as of 17 Sep 2026
Frequently asked questions
What is the current NAV of Samco Active Momentum Fund Direct Growth Plan?
The current NAV is ₹15.99 as of 17 Sep 2026.
What are the 1-year, 3-year and 5-year returns?
The 1-year return is 12.54%, the 3-year return is 14.87%, and the 5-year return is not available in a meaningful way for this fund’s current history.
How has the fund done versus the benchmark?
It has been ahead of the Nifty 50 over 1 month, 3 months, 1 year and 3 years. The benchmark figures are weaker over the shorter periods and lower over 3 years as well.
How does it compare with peer funds on recent returns?
Its 1-year return is below several specialised peers in the table, but it still sits above the benchmark and the available 3-year number remains positive.
Is there a minimum SIP amount?
The fund allows SIP investment, but a minimum SIP amount is not stated here.
What risk and portfolio features stand out?
The fund is marked High Risk, and the portfolio is led by Sterlite Technologies Limited at 6.29% with the top 10 holdings together accounting for about 39.8% of the portfolio. The exit load is 1% if units are sold on or before 365D, and nil after that.
Bottom line
Samco Active Momentum Fund Direct Growth Plan shows a stronger recent picture than its benchmark, and the 3-year return also supports the idea that the strategy can compound over time. The peer comparison is less flattering on the 1-year number, but the available 3-year evidence still looks constructive. With a High Risk profile and a portfolio led by a 6.29% largest holding plus a relatively broad 52-stock roster, it is better suited to investors who can handle volatility and want an active equity style rather than a steady index-like experience.
Published on 18 September 2026 at 1:32 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.