WhiteOak Capital Mutual Fund Launches WhiteOak Capital Multi Cap Fund

Aug 31, 2023

WhiteOak Capital Mutual Fund introduces – WhiteOak Capital Multi Cap Fund

It is an open-ended equity scheme investing across large cap, mid cap, small cap stocks.

Accordingly, the investment objective of the Scheme is to provide long-term capital appreciation / income by investing across market capitalisations and managing a diversified portfolio of Large Cap, Mid Cap and Small Cap Stock. However, there can be no assurance that the investment objective of the Scheme will be realized.

Under normal circumstances, WhiteOak Capital Multi Cap Fund will hold an allocation of 75% to 100% of its assets in Equity & Equity related Instruments of Large, Mid and Small Cap Companies of which: 25% to 50% in Large Cap Companies, 25% to 50% in Mid Cap Companies, 25% to 50% in Small Cap Companies, 0% to 25% in Debt Securities and Money Market Instruments and 0% to 10% in Units issued by REITs and InvITs.

[Read: Is it a Sensible Strategy to Invest in Both, Flexi-cap Fund and Multi-cap Fund?]

As per the Scheme Information Document, WhiteOak Capital Multi Cap Fund will maintain minimum exposure of 25% of its corpus to each of the market capitalisations. The Scheme will try to achieve diversification across key sectors. The Scheme seeks to capture potential opportunities available in all three, i.e., large, mid & small cap space.

The investment strategy is to invest in businesses based on stock selection and to avoid focusing on macro events, invest in good businesses at attractive valuations. The scheme will follow an in-house proprietary valuation approach that has been trademarked as OpcoFinco. 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 Multi Cap Fund performance will be benchmarked against NIFTY 500 Multicap 50:25:25 TRI

The scheme will be managed by Mr Ramesh Mantri (for Equity Securities), Ms Trupti Agrawal, Mr Piyush Baranwal (for Debt Securities) and Mr Shariq Merchant (for Overseas investment).

The NFO opens for subscription on August 31, 2023 and closes on September 14, 2023. The schemes will reopen for continuous sale and repurchase Within five Business Days from the 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 and Income Distribution cum capital withdrawal (IDCW) options.