September 18, 2024
mayank
WhiteOak Capital Digital Bharat Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the WhiteOak Capital Digital Bharat Fund Open Date, Close Date?
NFO opens on September 20, 2024
NFO will close on October 04, 2024
What is the Investment Strategy?
The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of Technology and Technology related companies.
Basic Details
| Fund House | WhiteOak Capital Mutual Fund |
| Issue Open | 20 September 2024 |
| Issue Close | 04 October 2024 |
| Type | Open-ended |
| Category | Equity: Sectoral-Technology |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 1 month |
| Riskometer | Very High |
| Benchmark | BSE Teck TRI |
What is the Benchmark Index of WhiteOak Capital Digital Bharat Fund?
The BSE TECk index comprises constituents of the BSE 500 that are classified as members of the media &publishing, information technology & telecommunications sectors as defined by the BSE industry classification system. It was launched on 11th July 2001.
It can be used for variety of purposes such as benchmarking fund portfolios, launching of Index funds, ETF and structured products and also for research purposes.
Quick Facts
| Weighting Method | Float -adjusted market cap weighted |
| Rebalancing Frequency | Semiannually in June and December |
| Calculation Frequency | Real time |
| Calculation Currencies | INR, USD |
| Launch Date | 11th July 2001 |
| First Value Date | 31st January 2000 |
Performance
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 MO | 3 MOS | YTD | 1 YR | 3 YRS | 5 YRS | 10 YRS | ||
| TOTAL RETURNS | 26370.56 | 4.70% | 27.83% | 26.73% | 44.67% | 44.67% | 22.63% | 15.57% |
| PRICE RETURNS | 19963.43 | 4.58% | 27.37% | 25.26% | 42.12% | 10.11% | 20.51% | 13.57% |
Risk
| ANNUALIZED RISK | ANNUALIZED RISK-ADJUSTED RETURNS | ||||
| 3 YRS | 5 YRS | 10 YRS | 3 YRS | 5 YRS | 10 YRS |
| 18.81% | 19.83% | 17.37% | 0.53 | 1.03 | 0.78 |
Fundamentals (As On 30-August-2024)
| PE | PB | DIV YIELD |
| 46.57 | 10.20 | 1.37 |
Index Characteristics
| NUMBER OF CONSTITUENTS | 27 |
| CONSTITUENT MARKET CAP [INR CRORE] | |
| MEAN TOTAL MARKET CAP | 185168.68 |
| LARGEST TOTAL MARKET CAP | 1586404.95 |
| SMALLEST TOTAL MARKET CAP | 8083.21 |
| MEDIAN TOTAL MARKET CAP | 43476.12 |
| WEIGHT LARGEST CONSTITUENT [%] | 29.95 |
| WEIGHT TOP 10 CONSTITUENTS [%] | 90.63 |
Performance Review of the Fund Managers of WhiteOak Capital Digital Bharat Fund?
1) Ramesh Mantri
Education: Mr. Mantri is an MBA, CFA and CA
Experience: Prior to joining WhiteOak Capital Mutual Fund, he has worked with WhiteOak Capital Management, Ashoka Capital Advisers, Smith Management, and CRISIL.
Past Performance of his Schemes
| Fund | WhiteOak Capital Flexi Cap Fund | It’s Benchmark | WhiteOak Capital ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | 38.92 | 36.22 | 43.57 | 36.22 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 18-9-2024
2) Piyush Baranwal
Education: Mr.Piyush Baranwal is a B. Tech. in Electronics and communication from Manipal Institute of Technology,Manipal.He completed PGDBM in Finance from S.P.Jain Institute of Management and Reserch and CFA.
Experience: Prior to joining WhiteOak Capital Mutual Fund he has worked with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal Pnb AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011).
Past Performance of his Schemes
| Fund | WhiteOak Capital Mid Cap Fund | It’s Benchmark | WhiteOak Capital Large Cap Fund | It’s Benchmark |
| 1 Year | 50.92 | 50.39 | 39.08 | 31.60 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 18-9-2024
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in WhiteOak Capital Digital Bharat NFO?
Guidance for WhiteOak Capital Digital Bharat Fund by Paresh Gordhandas, C.A., Research Analyst.
The fund focuses on investing in equity and equity related instruments of Technology and Technology related companies. BSE TECk index is the Benchmark Index for this Fund.
This fund can be compared to the ICICI Prudential Technology Fund (1 year return 36.97%), Kotak Technology Fund , Tata Digital India Fund (1 year return 42.46%), SBI Technology Opportunities Fund (1 year return 34.99%), Franklin India Technology Fund (1 year return 48.40%) etc.
So, it is obvious that the WhiteOak Capital Digital Bharat Fund is competing against funds which are high return generators.
Technology will remain at the forefront for all developments within the country. Technological advancements are revolutionizing business operations, driving efficiency and innovation across
industries. Advancements in cloud computing, data analytics, and automation further foster innovation in healthcare, education, agriculture, and logistics etc are all being supported by technology. Hence, investing in a fund in this sector for the long term is a good option.
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