WhiteOak Capital Mutual Fund is launching a new multi-asset fund, WhiteOak Capital Multi Asset Allocation Fund, that seeks to invest across different asset classes.
The New Fund Offer (NFO) period for the WhiteOak Capital Multi Asset Allocation Fund is from 3rd May 2023 to 10th May 2023. The scheme re-opens for continuous repurchase and sale within 5 business days from the date of allotment.
Investment Objective: The scheme aims to provide long-term capital appreciation and generate income by investing in instruments across multiple asset classes viz. Equity, Debt and Gold/Silver related instruments. However, there is no assurance that the investment objective of the Scheme will be realized.
WhiteOak Capital Multi Asset Allocation Fund
|Fund Name||WhiteOak Capital Multi Asset Allocation Fund|
|NFO Opening Date||3rd May 2023|
|NFO Closing Date||10th May 2023|
|Re-open Date||Within 5 business days from the date of allotment|
|Type of Fund||Multi-Asset Equity Fund|
|Fund Manager||Mr Ramesh Mantri (Equity)Mr Piyush Baranwal (Debt)Mr Vineet Narang (Gold/Silver related instruments)Mr Shariq Merchant (Overseas Investments)|
|Minimum Investment Amount||INR 500|
|Minimum Additional Purchase Amount||INR 500|
|Suitability||Very High Risk|
|Benchmark||S&P BSE 500 TRI (40%) + CRISIL Composite Bond Fund Index (40%) + Domestic prices of Gold (10%) + Domestic prices of Silver (10%)|
|Plans and Options||Direct and Regular Plan – Growth Option only|
- All additional investment amounts should be multiple of INR 1/-
- The minimum SIP/SWP/STP for monthly frequency is INR 500/-
Who Can Invest in WhiteOak Capital Multi Asset Allocation Fund NFO?
WhiteOak Capital Multi Asset Allocation Fund is an equity fund that invests across different asset classes like equity (domestic and foreign), debt, gold, silver, REITs, etc. The fund house uses its proprietary model to create a portfolio based on the relative attractiveness of the asset classes.
Investors must be well aware of the associated risks w.r.t. each asset class. Therefore, investors seeking exposure to an equity scheme that focuses on multi-asset allocation and have high-risk tolerance levels can consider investing in the scheme. Investing in this multi-asset allocation fund requires a minimum investment horizon of 5 years or more.
Mr Ramesh Mantri
Mr Ramesh Mantri is currently the Chief Investment Officer – Equities at WhiteOak AMC. He has more than 20 years of industry experience. Prior to joining WhiteOak, he was with Ashoka Capital Advisors LLP (Founder and Director), Smith Management Advisory Services Pvt. Ltd, and CRISIL Ltd. He holds an MBA degree in Finance from FMS, Delhi and B.Com degree from St. Xavier’s College. He is also a Chartered Accountant (CA) and a CFA charter holder.
Mr Piyush Baranwal
My Piyush has more than 14 years of experience in managing fixed-income funds. He is currently the Senior Fund Manager at the WhiteOak AMC. Prior to joining WhiteOak, he was with YES Asset Management (India) Ltd., BOI AXA Investment Managers Pvt. Ltd., Morgan Stanley Investment Management, and Principal Pnb Asset Management Company Pvt Ltd. He holds PGDBM from SP Jain Institute of Management & Research and a B.E degree from Manipal Institute of Technology. Furthermore, Piyush is a CFA Charter Holder from CFA Institute, USA
Mr Vineet Narang
Mr Vineet Narang is currently the Investment Associate at the WhiteOak AMC. Before joining as a fulltime associate, he was an intern at the AMC. He holds an MBA degree from IIM Ahmedabad and BBA degree from Shaheed Sukhdev College Of Business Studies.
Mr Shariq Merchant
Mr Shariq Merchant is currently the Investment Director at WhiteOak Mutual Fund. He has more than 11 years of industry experience. Prior to joining the fund house, he was with Duro Capital, Quest Investment Advisors, and Ambit Investment Advisors Private Limited. Mr Shariq is a Chartered Accountant and a CFA charter holder. Furthermore, he holds an M.Com degree from Sydenham College of Commerce and B.Com degree from H.R. College of Commerce and Economics.
Popular Funds by WhiteOak Capital Mutual Fund
- WhiteOak Capital Flexi Cap Fund
- WhiteOak Capital Tax Saver Fund
- WhiteOak Capital Mid Cap Fund
- WhiteOak Capital Ultra Short Term Fund
- WhiteOak Capital Large Cap Fund
|Types of Instruments||Minimum Allocation||Maximum Allocation||Risk Profile|
|Equity and Equity Related Instruments||10%||80%||High|
|Debt Securities and Money Market Instruments||10%||80%||Low to Medium|
|Gold/silver-related instruments (including ETFs, Sovereign gold deposit schemes) &Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time.||10%||50%||Medium to High|
|Units issued by REITs and InvITs||0%||10%||High|
Similar Mutual Funds
- ICICI Prudential Multi Asset Fund
- SBI Multi Asset Allocation Fund
- Quant Multi Asset Fund
- Kotak Multi Asset Allocator Fund of Fund Dynamic
- Aditya Birla Sun Life Multi Asset Allocation Fund
Frequently Asked Questions
You can invest in the WhiteOak Capital Multi Asset Allocation Fund through any of the following methods:
Offline: By filling out the WhiteOak Capital NFO application and submitting it along with all documents and cheques to the nearest Investor Service Centre of CAMS or WhiteOak Capital mutual fund office.
WhiteOak Capital Mutual Fund Website
Online FinTech platforms and mutual fund platforms
Through Demat account
Through a mutual fund distributor or agent
Yes, it is a very high-risk investment based on the riskometer. WhiteOak Capital Multi Asset Allocation Fund that invests across different asset classes like equity – domestic and foreign, debt, silver, gold, REITs, etc.
No, Whiteoak Capital Multi Asset Allocation Fund has no lock-in period.
The WhiteOak Capital Multi Asset Allocation Fund scheme re-opens for ongoing subscriptions, switches and redemptions within 5 business days from the date of allotment.