Samco Special Opportunities Fund NFO: Key details you need to know indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
Samco Asset Management expects to mop up Rs 500 crore from its new fund offer that tracks long-term capital growth through undervalued or overlooked opportunities, a top company official said on Thursday.
The new fund offering (NFO) would open on May 17 and conclude on May 31.
In an interaction
Samco Mutual Fund Introduces Samco Special Opportunities Fund: Leveraging Disruption for Potential Growth bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
Earlier, WhiteOak Capital Mutual Fund launched its Special Opportunities Fund. The scheme will be open for subscription till May 29. The fund focuses on opportunities arising out of situations spawning uncertainties in the market.
Special situations or special opportunities funds invest based on triggers such as corporate restructuring, government policies, regulatory changes or technology-led disruptions. The strategy is agnostic of market mood or valuations, which may make it ideal for current markets.