June 1, 2024
mayank
WhiteOak Capital Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.7510
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation and generate income from a dynamically managed portfolio of equity & equity related instruments and debt & money market securities.
Fund Manager:
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.
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).
3) Dheeresh Pathak
Education: Mr. Pathak has done B.E in Electronics Engineering and a PGDBM from MDI Gurgaon
Experience: Prior to joining WhiteOak Capital Mutual Fund, he has worked with Goldman Sachs
4) Trupti Agrawal
Education: Ms. Agrawal has done B.Com and CA.
Experience: Prior to joining WhiteOak Capital Mutual Fund, she has worked with L&T Infrastructure Finance Co. Ltd. and Ernst & Young.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 1 month |
Basic Details
| Fund House | WhiteOak Capital Mutual Fund |
| Launch Date | 10-Feb-23 |
| Return Since Launch | 20.48% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 956 Cr |
| (As on 30-Apr-2024) | |
| Expense | 0.54% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 309.00% |
Trailing Returns (%) of WhiteOak Capital Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| WhiteOak Capital Balanced Advantage Dir | 7.03 | 0.13 | 0.89 | 4.16 | 11.31 | 21.77 | — | — | — | — |
| VR Balanced TRI | 4.19 | 0.26 | 0.15 | 2.74 | 11.62 | 21.05 | — | — | — | — |
| Hybrid: Dynamic Asset Allocation | 7.27 | 0.18 | 0.76 | 3.69 | 12.41 | 24.86 | — | — | — | — |
| Rank within category | 13 | 22 | 16 | 12 | 17 | 19 | — | — | — | — |
| Number of funds in category | 33 | 36 | 36 | 35 | 32 | 31 | 24 | 20 | 13 | 8 |
Peer Comparison of WhiteOak Capital Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| WhiteOak Capital Balanced Advantage Dir | Unrated | 21.77 | — | — | 0.54 | 956 | 20.48 | 1.00 (30) | 1Y 3M | 309.00 |
| HDFC Balanced Advantage Dir | 5 star | 41.79 | 24.37 | 19.15 | 0.73 | 83,549 | 16.60 | 1.00 (365) | 11Y 5M | 15.89 |
| ICICI Pru Balanced Advantage Dir | 4 star | 20.48 | 13.17 | 13.21 | 0.86 | 56,709 | 13.29 | 1.00 (365) | 11Y 5M | 32.00 |
| Edelweiss Balanced Advantage Dir | 4 star | 25.01 | 14.14 | 15.87 | 0.48 | 11,136 | 13.34 | 1.00 (90) | 11Y 5M | 80.00 |
| Tata Balanced Advantage Dir | 4 star | 21.96 | 14.02 | 14.48 | 0.36 | 9,107 | 14.76 | 1.00 (90) | 5Y 4M | 39.58 |
Portfolio Analysis of WhiteOak Capital Balanced Advantage Fund
| No. of Stocks | 94 |
| Top 10 Holdings | 36.65% |
| Top 5 Stocks | 22.69% |
| Top 3 Sectors | 27.37% |
| Portfolio P/B Ratio | 4.03 |
| Portfolio P/E Ratio | 25.62 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,74,905 | 2,24,323 |
| Giant (%) | 57.59 | 59.94 |
| Large (%) | 20.85 | 20.02 |
| Mid (%) | 15.27 | 15.59 |
| Small (%) | 6.28 | 5.13 |
| Tiny (%) | — | 0.04 |
| Fund | Category | |
| Number of Securities | 121 | 115 |
| Macaulay Duration (yrs) | 3.03 | 3.17 |
| Average Maturity (yrs) | 4.11 | 4.80 |
| Yield to Maturity (%) | 7.43 | 7.45 |
| Avg Credit Rating | AAA | — |
How to Invest in WhiteOak Capital Balanced Advantage?
Chanakya’s Mutual Fund Guidance For WhiteOak Capital Balanced Advantage Fund
Do not invest in this, or any other dynamic asset allocation fund, if you need to redeem your investment in less than five years.
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