WhiteOak Capital Multi Asset Allocation Fund NFO: Everything you need to know

9 May 2023 , 09:09 AM

WhiteOak Capital Mutual Fund is launching NFO under its “hybrid category”, named as WhiteOak Capital Multi Asset Allocation Fund. This open-ended fund of fund seeks to generate long-term capital appreciation by investing in instruments across multiple asset classes viz. Equity, Debt and Gold/silver related instruments

Investment strategy: As per investment objective, the Scheme will endeavour to achieve diversification across Equity, Debt, and Gold/Silver related asset classes with an aim to generate superior risk adjusted returns and provide income/ long-term capital appreciation. Investments under the Scheme will be predominantly in a mix of money market instruments, debt securities, equity & equity related instruments, Gold/ Silver related instruments including ETFs, Exchange Traded Commodities Derivatives (ETCDs), units of REITs and InvITs and such other asset classes as SEBI may prescribe from time to time.

Asset allocation: The Scheme would invest in Equity, Debt, and Gold/Silver related asset classes, ETFs, Exchange Traded Commodities Derivatives (ETCDs), units of REITs and InvITs and such other asset classes.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in WhiteOak Capital Multi Asset Allocation Fund. 

Risk associated: Very high level of risk.

Benchmark: S&P BSE 500 TRI (40%) + CRISIL Composite Bond Index (40%) + Domestic prices of Gold (10%) + Domestic prices of Silver (10%.

Fund Managers: Mr. Ramesh Mantri, Mr. Piyush Baranwal, Mr. Vineet Narang, and Mr. Shariq Merchant.

The NFO is available for subscription from May 3 to May 10. The scheme will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 500/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in WhiteOak Capital Multi Asset Allocation Fund.