Samco Tax Saver Mutual Fund

Investment Objective

The investment objective of Samco ELSS (Equity Linked Savings Scheme) Mutual Funds is to provide long-term capital appreciation by investing in equities while also providing tax benefits to investors. Furthermore, the fund aims to identify high-growth potential companies that are expected to perform well in the long run. Moreover, the fund seeks to generate returns by investing in companies with high growth potential and sound fundamentals while managing risk through diversification across sectors and market caps.

Risks Involved in Samco ELSS Mutual Fund

An ELSS (Equity Linked Saving Scheme) is a fund that allocates capital primarily in equity-related securities. As with any equity investment, there are risks involved. The value of the investment can fluctuate due to market volatility, and there is no guarantee of returns. Additionally, ELSS funds have a lock-in period of 3 years, during which the investment cannot be redeemed.

Return Potential of Samco ELSS Mutual Fund

The return potential of any mutual fund, including Samco ELSS Mutual Fund, depends on various factors such as market conditions, the performance of the underlying securities, and the fund’s investment strategy. The Samco ELSS Tax Saver Fund Regular Growth has an AUM of 37.42 crores & has delivered a CAGR of 0.00% in the last five years. It is important to note that past performance does not indicate future returns, and mutual fund investments are subject to market risk.

Who Should Invest in Samco ELSS Mutual Fund?

Investors who can consider investing in Samco ELSS Mutual Fund:

• Samco ELSS Mutual Fund is an ideal investment option for those seeking tax-saving options under Section 80C of the Income Tax Act 1961. Investors can claim a deduction of up to INR 1.5 lakh by investing in ELSS funds.

• ELSS mutual funds come with a lock-in period of 3 years, which means investors cannot redeem their investments before this period. This makes it an ideal option for investors looking for long-term investments.

• Samco ELSS Mutual Fund invests primarily in equity-related instruments. Investors comfortable with the volatility of equity markets can consider investing in this fund.

• Investors with a high-risk appetite and who can tolerate the volatility of the stock markets can consider investing in this fund.

Things To Consider Before Investing in Samco ELSS Mutual Fund

Before investing in Samco ELSS Mutual Fund, there are several things that you should consider:

• You should assess your risk appetite before investing in any mutual fund, including Samco ELSS Mutual Fund.

• ELSS funds have a lock-in period of three years. Therefore, you should consider your investment horizon before investing.

• You should analyse the past performance of Samco ELSS Mutual Fund before investing. Although past performance does not guarantee future performance, it can give you an idea of how the fund has performed in different market conditions.

• The fund manager's experience and track record are crucial factors to consider before investing.

Tax on Samco ELSS Mutual Fund

An ELSS (Equity Linked Saving Scheme) is a mutual fund offering tax benefits under Section 80C of the Income Tax Act. Investments in ELSS funds are eligible for a tax deduction of up to INR 1.5 lakhs per financial year. However, it is essential to note that the returns generated by the fund are subject to capital gains tax. Long-term capital gains (LTCG) on equity mutual funds, including ELSS funds, are taxed 10% if the gains exceed INR 1 lakh in a financial year. Short-term capital gains (STCG) on equity mutual funds are taxed at 15%.