Publish Date:
WhiteOak Capital Mutual Fund introduces – WhiteOak Capital Balanced Hybrid Fund
It is an open-ended balanced scheme investing in equity and debt instruments.
Accordingly, the investment objective of the Scheme is to provide long term capital appreciation and generate income by investing in a balanced portfolio of equity & equity related instruments and debt & money market securities. However, there is no assurance that the investment objective of the Scheme will be realized.
Under normal circumstances, WhiteOak Capital Balanced Hybrid Fund will hold an allocation of 40% to 60% of its assets in Equity and Equity Related Instruments and 40% to 60% in Debt Securities (including securitized debt) & Money market instruments, cash, and cash equivalents and / or units of domestic liquid mutual fund schemes.
As per the Scheme Information Document, WhiteOak Capital Balanced Hybrid Fund aims to invest in a balanced portfolio of equity & equity related instruments and debt & money market securities.
The investment philosophy is to invest in businesses based on stock selection and to avoid focusing on macro events. Investing in good businesses at attractive valuations is the key. There are the two critical pillars of the investment philosophy – business and valuation. The scheme will follow an in-house proprietary valuation approach called OpcoFinco, which is based on analysis of cash flows, it avoids several distortions that can potentially emerge while using accounting multiples.
The scheme may invest part of its portfolio in debt and money market instruments subject to permissible limits laid under SEBI (MF) Regulations and will be guided by credit quality, liquidity, interest rates outlook.
WhiteOak Capital Balanced Hybrid Fund performance will be benchmarked against CRISIL Hybrid 50+50 Moderate Index.
The scheme will be managed by Mr Ramesh Mantri, Ms Trupti Agarwal, Mr Piyush Baranwal and Mr Shariq Merchant (for overseas investments).
The NFO opens for subscription on October 05, 2023 and closes on October 19, 2023. The schemes will reopen for continuous sale and repurchase within 5 business days from date of allotment.
The fund's face value is Rs 10/- per unit. 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.