WhiteOak Capital Mutual Fund has launched two new open-ended equity schemes: WhiteOak Capital Banking & Financial Services Fund and WhiteOak Capital Pharma and Healthcare Fund. Both schemes aim for long-term capital appreciation through targeted investments in their respective sectors.
The Banking & Financial Services Fund focuses on banks and companies engaged in the financial services sector, while the Pharma and Healthcare Fund invests across the entire market capitalisation range within the healthcare industry. Both schemes have a minimum investment of Rs. 100 for the Banking & Financial Services Fund and Rs. 500 for the Pharma and Healthcare Fund. They also share the same exit load structure: 1% within the first month of investment, and no exit load thereafter.
If you’re interested in either of these sectors for long-term capital growth, these new WhiteOak Capital funds could be worth considering. However, it’s crucial to carefully evaluate your risk tolerance and investment goals before making any decisions.
| Type of Instruments | Indicative Allocation (% of Total Net Assets) | Risk Profile |
| Equity & Equity related Instruments of Banks & companies engaged in financial services sector | 80 to 100 | Very High |
| Equity & Equity related Instruments companies other than above | 0 to 20 | Very High |
| Debt Securities and Money Market Instruments | 0 to 20 | Low to Medium |
| Units issued by REITS and InVITS | 0 to 10 | Very High |
Financial Services Sector companies include: Banks & Non-Banking Financial Institutions, Stock Broking & Allied Entities, Asset Management Company(s), Depositories, Credit Rating Agencies, Clearing Houses and Other Intermediaries, Financial Technology (Fintech), Exchanges and Data Platforms, Investment Banking Companies, Wealth Management Entities, Distributors of Financial Products, Insurance Companies – General & Life, Companies engaged in the Financial Services sector from Sector list
| Type of Instruments | Indicative Allocation (% of Total Net Assets) | Risk Profile |
| Equity & Equity related Instruments of Pharma and Healthcare companies | 80 to 100 | Very High |
| Equity & Equity related Instruments companies other than above | 0 to 20 | Very High |
| Debt Securities and Money Market Instruments | 0 to 20 | Low to Medium |
| Units issued by REITS and InVITs | 0 to 10 | Very High |
Pharma and Healthcare Sector companies includes: Pharmaceutical & Biotechnology, Healthcare Services / Healthcare Service Provider, Healthcare Research, Analytics & Technology, Hospitals & Diagnostics, Healthcare Research and/or Manufacturing Services related to healthcare sector, Medical Equipment & Supplies, and any other business or service directly or indirectly forming part of the Pharma, Healthcare and allied sectors forming part of the Benchmark Index
Trupti Agrawal (For Equity Securities), Age: 38, Educational Qualification: B.Com, CA. Collectively around 15 years of experience.
Piyush Baranwal (For Debt Securities), Age: 38, Educational Qualification: Bachelor of Engineering, PGDBM, cleared all 3 levels of CFA Over 14 years experience in Portfolio Management and trading in Fixed Income securities.
Ramesh Mantri (For Equity Securities), Age: 43, Educational Qualification: MBA, CFA and CA Over 20 years experience in the Financial market.
Shariq Merchant (For Overseas Investments), Age: 35, Educational Qualification: CA, CFA. Over 11 years experience in the Financial market
Ramesh Mantri (For Equity Securities), Age: 43, Educational Qualification: MBA, CFA and CA. Over 20 years experience in Financial market
Dheeresh Pathak (Assistant Fund Manager) Age: 41, Educational Qualification: B.Com, CA. Over 16 years of experience in Financial Market
Piyush Baranwal (For Debt Securities), Age:38, Educational Qualification: Bachelor of Engineering, PGDBM, CFA. Over 14 years experience in Portfolio Management and trading in Fixed Income securities.
Shariq Merchant (For Overseas Investments), Age: 35, Educational Qualification: CA, CFA. Over 11 years experience in Financial market
10 Years Monthly SIP Rolling Returns (From 1-Jan-2004 to 1-Dec-2023)
| Index Name | Nifty 50 TRI | Nifty 500 TRI | Nifty Financial Services TRI |
| Minimum Return | 3.90% | 3.90% | 8.10% |
| Maximum Return | 16.10% | 16.90% | 21.00% |
| Average Return | 12.20% | 12.80% | 16.20% |
| Median Return | 12.40% | 13.10% | 16.40% |
| % Times Positive Return | 100% | 100% | 100% |
| % Times More Than 10% Return | 88% | 90% | 98% |
| % Times More Than 12% Return | 59% | 65% | 93% |
| % Times More Than 15% Return | 5% | 11% | 75% |
10 Years Daily Rolling CAGR (as on 28th Dec 2023)
| Index Name | S&P BSE HC TRI | Nifty 500 TRI |
| Minimum Return | 8.40% | 5.00% |
| Maximum Return | 23.10% | 18.50% |
| Average Return | 15.30% | 12.50% |
| Median Return | 14.90% | 12.50% |
| Observations with Less than 6% CAGR | 0 | 7 |
| Observations with 6% to 10% CAGR | 14 | 545 |
| Observations with 10% to 15% CAGR | 1176 | 1166 |
| Observations with Above 15% CAGR | 1121 | 593 |
| Total | 2311 Observations | |
| S&P BSE HC TRI outperforming Nifty 500 TRI | 1858 Observations (80% of times) | |
| Average Outperformance | 2.77% CAGR | |
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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