Samco Active Momentum Fund
Direct · GrowthAI Summary
The Samco Active Momentum Fund has delivered a 1-year XIRR of 8.11% and a 3-year XIRR of 7.32%, both significantly below the category averages of 14.1% and 16.82% respectively. However, it has outperformed the NIFTY 50 benchmark across all periods, with a 1-year alpha of 9.43% and a 3-year alpha of 8.24%, while the benchmark's 1-year CAGR was -2.9% versus the fund's 8.64%. The fund's rolling returns show a 3-year mean of 14.54%, indicating better performance over longer holding periods.
The fund exhibits a very low maximum drawdown of -0.25%, with an average drawdown of -0.08%, suggesting minimal downside volatility, though it has experienced 2 drawdown events exceeding 10%. The Calmar ratio of 0.58 over 3 years indicates moderate risk-adjusted returns, but the maximum drawdown duration of 462 days and no recovery yet highlight prolonged periods of underperformance. The fund's beta of 0.84 over 3 years shows lower volatility than the market, with downside capture of 71.11% and upside capture of 83.75%, indicating it participates less in both market gains and losses.
The fund's top 10 holdings are concentrated in financial services, with Religare Enterprises (6.17%) and Aditya Birla Capital (5.81%) being the largest positions, and the top 5 sectors (Finance, Banks, Automobiles, Electrical Equipment, Pharmaceuticals) account for 41.8% of the portfolio. With 48 total holdings, the fund is moderately diversified, but the sector concentration in finance and banks (29.8% combined) exposes it to sector-specific risks. The portfolio includes a mix of mid and small-cap names like RBL Bank and MTAR Technologies, indicating a momentum-driven approach.
The fund significantly lags its category peers, with 1-year and 3-year XIRRs of 8.11% and 7.32% versus category averages of 14.1% and 16.82%, respectively, placing it in the bottom quartile of its category. Calendar year returns show high volatility, with a strong 27.43% gain in 2024 and 22.36% in 2023, but a -14.99% loss in 2025, indicating inconsistent performance. The fund's 3-year rolling return of 14.54% is below the category's 3-year average, suggesting it has not consistently kept pace with peers over time.
This fund is suitable for investors with a high risk tolerance and a long-term investment horizon of at least 5-7 years, given its thematic nature and momentum strategy. Investors should be prepared for significant year-to-year volatility, as evidenced by the -14.99% return in 2025, and should have a diversified portfolio to mitigate sector concentration risk. It may appeal to those seeking alpha over the benchmark, but given its underperformance relative to category peers, it is not ideal for investors seeking consistent category-leading returns.
- Consistent outperformance over the NIFTY 50 benchmark across all time periods, with alpha of 9.43% (1Y) and 8.24% (3Y).
- Low maximum drawdown of -0.25% and average drawdown of -0.08%, indicating strong downside protection.
- Lower beta (0.84 over 3Y) and downside capture (71.11%) than the market, reducing portfolio volatility.
- Significant underperformance versus category averages, with 1Y and 3Y XIRRs of 8.11% and 7.32% versus 14.1% and 16.82% for peers.
- High volatility in calendar year returns, including a -14.99% loss in 2025, and a prolonged maximum drawdown duration of 462 days with no recovery yet.
Generated on 30-08-2026, 3:03 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.01 L | 8.1% | -23.3% | 60.3% |
| 3 Years | ₹36.00 L | ₹40.07 L | 7.3% | 3.7% | 10.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 8.1% | 14.4% | 14.1% | -6.3% |
| 3 Years | 7.3% | 11.1% | 16.8% | -3.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 8.7% | 2.6% | -18.7% | 53.8% | 0.11 | 0.21 | 57% | — | — |
| 3 Years | 14.5% | 14.4% | 13.1% | 16.1% | 9.15 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.43 | 0.78 | 80.4% | 65.9% | 8.6% | -2.9% |
| 3 Years | +8.24 | 0.84 | 83.8% | 71.1% | 15.8% | 7.8% |
| 5 Years | +4.57 | 0.83 | 82.5% | 69.3% | 9.4% | 4.5% |
| 7 Years | +2.87 | 0.83 | 82.5% | 69.3% | 6.6% | 3.2% |
| 10 Years | +1.64 | 0.83 | 82.5% | 69.3% | 4.6% | 2.2% |
| 12 Years | +1.16 | 0.83 | 82.5% | 69.3% | 3.8% | 1.8% |
| 15 Years | +0.70 | 0.83 | 82.5% | 69.3% | 3.0% | 1.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Religare Enterprises Limited | 6.17% |
| 2 | Aditya Birla Capital Limited | 5.81% |
| 3 | Multi Commodity Exchange of India Limited | 2.46% |
| 4 | Indian Bank | 2.04% |
| 5 | AU Small Finance Bank Limited | 2.00% |
| 6 | Eicher Motors Limited | 1.88% |
| 7 | RBL Bank Limited | 1.72% |
| 8 | Max Financial Services Limited | 1.69% |
| 9 | Laurus Labs Limited | 1.68% |
| 10 | MTAR Technologies Limited | 1.65% |