Samco Large Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 16, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Samco Large Cap Fund Direct Growth Plan has a NAV of ₹8.91 as of 15 September 2026 and a scheme AUM of ₹93 Cr. Its 1-year, 3-year and 5-year returns are -7.76%, 0% and 0%, and it sits in the High Risk category. Our view is that the fund has struggled recently and does not yet have a long operating history to judge on a full cycle, so it may suit only investors who can tolerate sharp swings and are comfortable assessing a relatively young large-cap strategy on its current risk and portfolio shape.
The benchmark is Nifty 50, and the recent return pattern is weaker than the benchmark over the same periods. The portfolio is also quite active at the top, with a few positions carrying meaningful weight and cash equivalents forming the largest line item. That mix suggests the fund can move differently from a plain market-linked large-cap basket, especially in the short run.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹8.91 as of 15 Sep 2026 |
| AUM | ₹93 Cr |
| Expense Ratio | 0.74% |
| Launch Date | 25 Mar 2025 |
| Min SIP | ₹250 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 30D, Nil after 30D |
| 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 15 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -3.47% | -4.81% |
| 3M | -3.47% | -3.63% |
| 1Y | -7.76% | -8.27% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
The recent pattern has been weak, but it is not uniformly weaker than the benchmark. Over 1 month and 3 months, the fund lost less ground than the Nifty 50, which tells us the strategy has not been the laggard in every short window.
The 1-year figure is still negative, and that keeps the broader picture subdued. The fund is down -7.76% over 1 year versus -8.27% for the benchmark, so it has outpaced the index only marginally in a difficult period rather than delivered a clearly stronger run.
The longer path is harder to judge because the fund does not yet have usable 3-year or 5-year return history. That means investors cannot rely on a completed market cycle to test consistency, drawdown control or recovery strength. The daily pattern also looks uneven rather than steadily compounding, which supports a cautious reading of the current track record.
In our view, the main takeaway is that the fund has so far behaved like a volatile new large-cap strategy rather than a steady benchmark-style compounder. The shorter windows show a little relative resilience, but the lack of established longer-term performance remains the more important limitation.
Source data date: as of 15 Sep 2026
Should you BUY or HOLD Samco Large Cap?
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 Large Cap? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Samco Large Cap Fund Direct Growth Plan | -7.76% | Data not available | Data not available |
| Quant Large Cap Fund Direct Growth Plan | 6.3% | 12.35% | Data not available |
| Bank of India Large Cap Fund Direct Growth Plan | 5.58% | 12.38% | 9.76% |
| Taurus Large Cap Fund Direct Growth Plan | 4.56% | 11.39% | 9.71% |
| Invesco India Largecap Fund Direct Growth Plan | 1.1% | 12.71% | 11.14% |
| Tata Large Cap Fund Direct Growth Plan | 0.17% | 9.82% | 9.73% |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
On the recent 1-year measure, the fund trails every peer listed here by a wide margin because its return is negative while the peer set is positive. That makes the short-term comparison clearly weaker, even though the fund has narrowed the gap to the benchmark slightly in the shorter windows.
On 3-year figures, the picture is mixed because the current fund does not yet have a usable return, while the established peers have double-digit numbers. The same applies to 5-year figures, where the fund still has no track record to compare against, so the peer set has a clear advantage in history and continuity. The short-term weakness and the missing longer-term record tell different stories, but both point to the same practical issue: the fund has not yet built a comparable performance base.
Source data date: as of 15 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 15.73% |
| Samvardhana Motherson International Limited | Automobile & Ancillaries | 4.96% |
| ABB India Limited | Capital Goods | 4.83% |
| Adani Power Limited | Power | 4.43% |
| Torrent Pharmaceuticals Limited | Healthcare | 4.33% |
| Solar Industries India Limited | Chemicals | 4.32% |
| Bajaj Auto Limited | Automobile & Ancillaries | 4.18% |
| Adani Energy Solutions Limited | Power | 4.08% |
| Divi’S Laboratories Limited | Healthcare | 4.08% |
| Eicher Motors Limited | Automobile & Ancillaries | 3.42% |
The top 10 holdings account for approximately 54.36% of the portfolio.
To see all holdings, visit the Samco Large Cap Fund Direct Growth Plan page
The single largest holding, Clearing Corporation of India Ltd, stands at 15.73%, which is large enough to be a meaningful driver of short-term portfolio behaviour. After that, weights fall into a much narrower band around 3.42% to 4.96%, so the portfolio does not remain heavily tilted to just one or two names beyond the cash-equivalent position.
That pattern suggests the fund may have a concentrated core at the top, but not an extreme step-down from second through tenth holdings. The top 10 positions together make up 54.36% of the portfolio, while 39 holdings are disclosed in total, so there is still a longer tail outside the visible leaders. In our view, that mix can produce noticeable idiosyncratic swings while still leaving room for diversification beyond the largest positions.
Source data date: as of 15 Sep 2026
Who should invest
This fund fits investors with a high risk tolerance who can live with a negative recent return profile and a track record that is still building. The short-term numbers are softer than the benchmark, but the recent gap has not been dramatically worse than the index.
The main trade-off is between accepting volatility and waiting for a longer evidence base to develop. Investors with a medium- to long-term horizon may find the large-cap label reassuring, but the current portfolio shape and the lack of 3-year and 5-year history mean the fund is better viewed as a developing strategy than a mature core holding.
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 |
Exit load: 1% if units are sold on or before 30 days. No exit load after the holding period.
Source data date: as of 15 Sep 2026
Frequently asked questions
What is the current NAV of Samco Large Cap Fund Direct Growth Plan?
The current NAV is ₹8.91 as of 15 September 2026.
How has Samco Large Cap Fund Direct Growth Plan performed over 1 year?
Its 1-year return is -7.76%. That is better than the benchmark’s -8.27% over the same period, but the result is still negative.
Does the fund have 3-year and 5-year returns?
No usable 3-year or 5-year return is available for this fund yet. The scheme was launched on 25 March 2025, so its track record is still short.
How does it compare with peer large-cap funds?
The fund’s 1-year return is weaker than the peer funds listed here, which have positive 1-year numbers. On longer periods, the comparison is limited because this fund does not yet have usable 3-year or 5-year figures.
What is the minimum SIP amount?
The minimum SIP amount is ₹250.
Who manages the fund and what is the exit load?
The fund is managed by Umeshkumar Mehta, Nirali Bhansali, Dhawal Ghanshyam Dhanani and Vishal Shinde. The exit load is 1% if units are sold on or before 30 days, and nil after the holding period.
Bottom line
Samco Large Cap Fund Direct Growth Plan has a weak recent performance profile, while its benchmark comparison is only slightly better than the Nifty 50 in the same periods. It also lacks a meaningful 3-year or 5-year record, so the investment case rests more on the current portfolio structure and risk tolerance than on a full performance history. The top holdings are meaningful, with cash equivalents as the largest line item, and that may keep behaviour distinct from a plain index-style large-cap fund.
Published on 16 September 2026 at 2:15 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.