June 5, 2024
mayank
WhiteOak Capital Banking & Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 9.7170
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of banks & companies engaged in Financial Services Sector.
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) 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.
3) 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).
4) 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
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| 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 | 06-Feb-24 |
| Return Since Launch | -2.83% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 165 Cr |
| (As on 30-Apr-2024) | |
| Expense | 0.62% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of WhiteOak Capital Banking & Financial Services Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| WhiteOak Capital Banking & Financial Services Dir | — | -7.90 | -5.86 | -3.09 | — | — | — | — | — | — |
| BSE Bankex TRI | — | 0.30 | 0.16 | 6.92 | — | — | — | — | — | — |
| Equity: Sectoral-Banking | — | -7.84 | -5.50 | -2.05 | — | — | — | — | — | — |
| Rank within category | — | 12 | 19 | 23 | — | — | — | — | — | — |
| Number of funds in category | 23 | 29 | 27 | 26 | 22 | 19 | 13 | 11 | 11 | 8 |
Peer Comparison of WhiteOak Capital Banking & Financial Services 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 Banking & Financial Services Dir | Unrated | — | — | — | 0.62 | 165 | -2.83 | 1.00 (30) | 3M | — |
| Nippon India Banking & Financial Srvices Dir | 4 star | 18.45 | 15.51 | 11.66 | 1.09 | 5,542 | 13.90 | 1.00 (30) | 11Y 5M | 33.00 |
| SBI Banking & Financial Services Dir | 4 star | 23.27 | 12.55 | 12.82 | 0.75 | 5,327 | 15.00 | 0.50 (30) | 9Y 3M | 117.00 |
| Tata Banking & Financial Services Dir | 4 star | 15.60 | 12.76 | 12.76 | 0.49 | 2,094 | 17.46 | 0.25 (30) | 8Y 5M | 22.59 |
| Mirae Asset Banking and Fin Srvcs Dir | 4 star | 17.80 | 13.59 | — | 0.59 | 1,703 | 17.20 | 1.00 (365) | 3Y 5M | 38.00 |
Portfolio Analysis of WhiteOak Capital Banking & Financial Services Fund
| No. of Stocks | 33 |
| Top 10 Stocks | 68.68% |
| Top 5 Stocks | 54.50% |
| Top 3 Sectors | 94.96% |
| Portfolio P/B Ratio | 2.83 |
| Portfolio P/E Ratio | 17.90 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,96,182 | 3,12,055 |
| Giant (%) | 60.61 | 64.45 |
| Large (%) | 12.59 | 19.75 |
| Mid (%) | 19.12 | 11.90 |
| Small (%) | 7.68 | 7.94 |
| Tiny (%) | — | — |
How to Invest in WhiteOak Capital Banking & Financial Services Fund?
Chanakya’s Mutual Fund Guidance For WhiteOak Capital Banking & Financial Services Fund
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://mf.whiteoakamc.com/our-funds
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