Samco Multi Asset Allocation Fund
Samco Mutual Fund·Multi Asset Allocation·vs Nifty 200 TRI
The fund has pivoted decisively toward infrastructure and energy transition, adding 72 new holdings centered on electrical equipment, non-ferrous metals, and capital markets infrastructure while exiting large-cap cyclicals like L&T and JSW Steel. The manager's conviction is evident in doubling down on longer-dated sovereign bonds and building exposure to grid modernization plays like GE Vernova and Hitachi Energy, signaling belief that India's infrastructure capex cycle will drive returns. However, the concentrated top-10 weighting at 40% alongside aggressive portfolio turnover warrants attention to execution risk in smaller, less-liquid positions.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹12.4200 | — | — | — | — | — | — |
| Regular Growth | ₹12.1400 | +2.97% | -1.46% | +1.51% | +7.34% | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
94
Top 5 Weight
30.21%
Top 10 Weight
40.40%
Active Share
—
Large Cap
13.89%
Gini
0.514
What Changed2026-03-31 → 2026-04-30
Holdings: 29 → 95+72 added−6 removed6 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Cummins India Limited | 1.24% |
| GE Vernova T&D India Limited | 3.05% |
| Hitachi Energy India Limited | 3.01% |
| National Aluminium Company Limited | 2.99% |
| Bharat Forge Limited | 2.39% |
| Multi Commodity Exchange of India Limited | 2.27% |
| Apar Industries Limited | 1.92% |
| BSE Limited | 1.83% |
| The Federal Bank Limited | 1.78% |
| Bank of Maharashtra | 1.77% |
| Laurus Labs Limited | 1.69% |
| Aditya Birla Capital Limited | 1.67% |
| AU Small Finance Bank Limited | 1.48% |
| Ashok Leyland Limited | 1.37% |
| Indian Bank | 1.36% |
| L&T Finance Limited | 1.29% |
| Kirloskar Oil Engines Limited | 1.28% |
| Lupin Limited | 1.28% |
| FSN E-Commerce Ventures Limited | 1.23% |
| Max Financial Services Limited | 1.22% |
| Hindalco Industries Limited | 1.19% |
| Bank of India | 1.16% |
| The Great Eastern Shipping Company Limited | 1.07% |
| Marico Limited | 1.05% |
| Shriram Finance Limited | 0.95% |
| Indus Towers Limited | 0.91% |
| Anupam Rasayan India Limited | 0.85% |
| Navin Fluorine International Limited | 0.84% |
| Union Bank of India | 0.82% |
| Oil & Natural Gas Corporation Limited | 0.79% |
| RBL Bank Limited | 0.74% |
| Force Motors Limited | 0.74% |
| Syrma SGS Technology Limited | 0.73% |
| Karur Vysya Bank Limited | 0.73% |
| Vardhman Textiles Limited | 0.71% |
| Granules India Limited | 0.68% |
| Shipping Corporation Of India Limited | 0.67% |
| JB Chemicals & Pharmaceuticals Limited | 0.67% |
| Delhivery Limited | 0.67% |
| Natco Pharma Limited | 0.66% |
| Chennai Petroleum Corporation Limited | 0.65% |
| City Union Bank Limited | 0.65% |
| Coal India Limited | 0.64% |
| Adani Ports and Special Economic Zone Limited | 0.64% |
| General Insurance Corporation of India | 0.62% |
| The Jammu & Kashmir Bank Limited | 0.59% |
| Star Health And Allied Insurance Company Limited | 0.55% |
| Engineers India Limited | 0.54% |
| Nestle India Limited | 0.54% |
| Can Fin Homes Limited | 0.52% |
| JK Tyre & Industries Limited | 0.52% |
| Hindustan Petroleum Corporation Limited | 0.47% |
| Mangalore Refinery and Petrochemicals Limited | 0.46% |
| Aster DM Healthcare Limited | 0.44% |
| Acutaas Chemicals Limited | 0.43% |
| Anand Rathi Wealth Limited | 0.41% |
| MRF Limited | 0.32% |
| Life Insurance Corporation Of India | 0.29% |
| Pfizer Limited | 0.28% |
| Jindal Saw Limited | 0.28% |
| Central Bank of India | 0.25% |
| LIC Housing Finance Limited | 0.20% |
| JSW Dulux Limited | 0.18% |
| Chambal Fertilizers & Chemicals Limited | 0.15% |
| Tata Motors Passenger Vehicles Limited | 0.15% |
| ACC Limited | 0.11% |
| Malco Energy Limited ** | 0.24% |
| Vedanta Iron And Steel Limited ** | 0.24% |
| Talwandi Sabo Power Limited ** | 0.24% |
| Vedanta Aluminium Metal Limited ** | 0.24% |
| Nippon India ETF Gold Bees | 0.46% |
| Clearing Corporation of India Ltd | 9.79% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 7.38% Government of India (20/06/2027) IN0020220037 | 11.37% |
| 2 | Clearing Corporation of India Ltd | 9.79% |
| 3 | GOLD June 2026 Future | 9.78%(der) |
| 4 | GE Vernova T&D India Limited INE200A01026 | 3.05% |
| 5 | Hitachi Energy India Limited INE07Y701011 | 3.01% |
| 6 | National Aluminium Company Limited INE139A01034 | 2.99% |
| 7 | Bharat Forge Limited INE465A01025 | 2.39% |
| 8 | Multi Commodity Exchange of India Limited INE745G01043 | 2.27% |
| 9 | Apar Industries Limited INE372A01015 | 1.92% |
| 10 | BSE Limited INE118H01025 | 1.83% |
| 11 | The Federal Bank Limited INE171A01029 | 1.78% |
| 12 | Bank of Maharashtra INE457A01014 | 1.77% |
| 13 | Laurus Labs Limited INE947Q01028 | 1.69% |
| 14 | Aditya Birla Capital Limited INE674K01013 | 1.67% |
| 15 | AU Small Finance Bank Limited INE949L01017 | 1.48% |
| 16 | Hero MotoCorp Limited INE158A01026 | 1.46% |
| 17 | Ashok Leyland Limited INE208A01029 | 1.37% |
| 18 | Indian Bank INE562A01011 | 1.36% |
| 19 | L&T Finance Limited INE498L01015 | 1.29% |
| 20 | Kirloskar Oil Engines Limited INE146L01010 | 1.28% |
Sector Allocation
Banks12.2%
Sovereign11.4%
Electrical Equipment8.0%
Pharmaceuticals & Biotechnology6.0%
Finance5.5%
Non - Ferrous Metals4.7%
Capital Markets4.5%
Industrial Products3.7%
Auto Components3.5%
Automobiles3.3%
Top 10 sectors by % to NAV. Excludes derivatives.