WhiteOak Capital Mutual Fund has launched a new fund offer ‘WhiteOak Capital Multi Asset Allocation Fund’, an open-ended thematic fund, for investors seeking lower volatility and greater predictability of returns, multi-asset offerings can be a good option. The NFO is open for subscription from May 3rd, 2023 and will end on May 10th, 2023.
Within five Business Days following the date of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 500 and in multiples of Re.1. Both a Regular Plan and a Direct Plan are available.
About WhiteOak Capital Mutual Fund
The WhiteOak Capital group of firms includes WhiteOak Capital Asset Management Limited, which was created by Mr. Prashant Khemka, a financial expert with a distinguished career spanning more than two decades. As of the 31st of March, 2023, the total amount of India-specific equity assets under management by the firm was approximately INR 45,470 cr.
White Oak Capital Asset Management Limited was founded by Mr. Prakash Khemka in June 2017 and has a significant presence in the Indian mutual fund industry. White Oak Capital AMC, formerly known as Yes Mutual Fund, prioritizes financial services research and implementation. The firm’s global presence in over four nations, including Singapore, Mauritius, the United Kingdom, and Switzerland, has contributed significantly to Foreign Portfolio Investment inflows in India over the past three years..
WhiteOak Capital Multi Asset Allocation Fund – NFO Detail
| Type of Offer | NFO (New Fund Offer) |
| Fund House | WhiteOak Capital Mutual Fund |
| Name of the Fund | WhiteOak Capital Multi Asset Allocation Fund |
| Type of Scheme | Open-ended |
| Category of Scheme | Multi Asset Allocation Fund |
| NFO Starts | 03-May-2023 |
| NFO Ends | 10-May-2023 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs. 500/- and in multiples of Re.1/- |
| Plans | Regular, Direct |
| Options | Growth |
| Entry Load | Nil |
| Exit Load | 1.00% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. |
| Investment Manager | WhiteOak Capital Asset Management Limited |
| Fund Manager | Mr. Ramesh Mantri and Mr. Piyush Baranwal |
WhiteOak Capital Multi Asset Allocation Fund NFO – Scheme Objective
Long-term capital growth and income generation are the primary aims of the scheme’s investments, which will be made in stocks, bonds, and gold and silver-related products.
WhiteOak Capital Multi Asset Allocation Fund NFO – Who Can Invest?
This product is suitable for investors who are seeking*:
- a good choice for investors who desire lower volatility and greater return predictability.
- Long-term growth of one’s investment capital.
- Investment in diversified portfolio of instruments across multiple asset classes i.e. Equity, Debt and Gold/silver related instruments.
How Will the Scheme Allocate Its Asset
- 10-80% in Equity and Equity related instruments.
- 10-80% in Debt Securities and Money Market Instruments.
- 10-50% in Gold/silver related instruments (including ETFs, Sovereign gold deposit schemes) & Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time.
- 0-10% in Units issued by REITs and InvITs.
Where Will the Scheme Invest?
As per the information provided in the scheme information document, the corpus of this scheme
can be invested in any (but not exclusively) of the following securities:-
- Equity and equity related instruments like Stock / Index Futures, Stock / Index Options and such other derivative instruments permitted by SEBI.
- Debt & Money Market Instruments like Certificate of Deposits (CD), Commercial Paper (CP), Bills Rediscounting (BRD), Treasury Bills (T-Bills) etc.
- Debt Derivative instruments like Interest Rate Swaps, Forward Rate Agreements and such other derivative instruments permitted by SEBI/RBI.
- Investments in units of mutual fund schemes, Investment in Short Term Deposits, Investment in Foreign Securities, Investment in Gold/Silver related instruments and ETFs and Investment in Securitised Debt etc.
The Scheme may invest in other schemes managed by the AMC or in the schemes of any other Mutual Funds, provided it is in conformity with the investment objective of the Scheme and in terms of the prevailing Regulations.
WhiteOak Capital Multi Asset Allocation Fund NFO – SID (Scheme Information Document)
Please click here to read the SID (Scheme Information Document) of this upcoming NFO scheme.
How to Invest?
Visit this page on the AMC website for further detail and investment.
