WhiteOak Capital Mutual Fund launches its first scheme, WhiteOak Capital Flexi Cap Fund

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WhiteOak Capital Mutual Fund has launched its first equity scheme called ‘WhiteOak Capital Flexi Cap Fund’. This is an open-ended dynamic equity scheme investing across large, mid, and small-cap stocks. The NFO opens on July 12 and closes on July 26.

White Oak Capital MF is a recent entrant to the Indian Mutual Fund industry. The AMC recently acquired Yes AMC also. Aashish Somaiyaa is the CEO of WhiteOak Capital Mutual Fund.

The first fund was launched on Thursday in a webinar hosted by the fund house. WhiteOak’s equity NFO will have a balanced portfolio comprising both cyclical and counter-cyclical sectors that aims to outperform across various market cycles. The minimum investment that can be made in the fund is Rs 500 and thereafter in multiples of Rs 1. The exit load is 1% on the NAV is only applicable if the units are redeemed within one month from the date of allotment and ‘Nil’ thereafter.



The AMC employs a proprietary, cash flow based ‘Opco-Finco’ analytical and valuation framework which provides unique insights in contrast to accounting earnings based models.

Prashant Khemka, the founder of WhiteOak Capital Management, was the CIO of Goldman Sachs Asset Management’s India Equity and Global Emerging Markets Equity businesses. WhiteOak Group manages over Rs 40,000 crore of assets invested in India from investors globally. In addition, the team’s focus on alpha generation has consistently yielded peer-group leading performance across various funds since inception.

“WhiteOak Capital MF intends to fill a vacuum of actively managed funds in India. Our company has instituted a performance-first culture, earning the confidence of investors in India as well as overseas. India continues to be amongst the most favorable investment destinations in the world, with a high alpha potential embedded on the canvas of a high growth economy. We believe there is a huge scope of differentiation in the industry and will leave no stone unturned to provide best-in-class investment products to retail investors,” said Aashish Somaiyaa, CEO, WhiteOak Capital Mutual Fund.

“For the WhiteOak Capital Flexi Cap Fund, sector exposures will reflect our robust and rigorous bottom-up stock selection process. At WhiteOak, we consciously seek to maintain a balanced portfolio reflecting our team’s stock selection capabilities rather than being driven by non-stock specific macro factors such as market timing, sector, currency or other such factor exposures. WhiteOak’s investment team is amongst the most well-resourced teams with several professionals having considerable experience in managing investment assets, both in India and globally,” said Ramesh Mantri, CIO, WhiteOak Capital Mutual Fund.



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