Publish Date:
WhiteOak Mutual Fund launches – WhiteOak Capital Large & Mid Cap Fund
It is an open-ended equity scheme investing in both large cap and mid cap stocks.
Accordingly, the investment objective of the scheme is to generate long term capital appreciation by investing in and managing a diversified portfolio of equity and equity related instruments of large and mid-cap companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
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Under normal circumstances, WhiteOak Capital Large & Mid Cap Fund will hold an allocation of 70% to 100% in Equity and Equity Related Instruments of Large and Mid-Cap Companies of which: 35% to 65% in Large Cap ^ Companies, 35% to 65% in Mid Cap ^ Companies, 0% to 30% in Equity and Equity Related Instruments other than above, 0% to 30% in Debt Securities and Money Market Instruments and 0% to 10% in Units issued by REITs and InvITs.
As per the Scheme Information Document, WhiteOak Capital Large & Mid Cap Fund aims is to generate long term capital appreciation from a portfolio of equity and equity related instruments of predominantly large cap and mid-cap companies.
The investment approach of bottom-up stock selection is well applicable across sectors and market capitalisations. The Scheme will mainly focus on maintaining a reasonably diversified portfolio at all times, However the exposure to market capitalizations will be decided based on the internal assessment & research on an ongoing basis. The fund management team may consider the in-house investment framework, the proprietary valuation approach that has been trademarked as OpcoFinco.
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WhiteOak Capital Large & Mid Cap Fund’s performance will be benchmarked against S&P BSE 250 Large MidCap TRI
The scheme will be managed by Mr Ramesh Mantri, Ms Trupti Agarwal, Mr Piyush Baranwal and Mr Shariq Merchant.
The NFO opens for subscription on December 01, 2023 and closes on December 15, 2023. The schemes will reopen for continuous sale and repurchase Within five business days of allotment date.
The minimum subscription amount is Rs 500/- and in multiples of Re.1/- thereof.
The scheme offers Regular Plan and Direct Plan each plan offers Growth option only.