June 5, 2024
mayank
WhiteOak Capital ELSS Tax Saver Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 14.4770
NAV IDCW: Rs 14.4770
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.
Fund Manager:
1) 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 Research 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).
2) 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.
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) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details
| Fund House | WhiteOak Capital Mutual Fund |
| Launch Date | 14-Oct-22 |
| Return Since Launch | 25.29% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 212 Cr |
| (As on 30-Apr-2024) | |
| Expense | 0.68% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 45.00% |
Trailing Returns (%) of WhiteOak Capital ELSS Tax Saver Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| WhiteOak Capital ELSS Tax Saver Dir | 5.70 | -6.35 | -3.33 | 0.35 | 10.08 | 34.00 | — | — | — | — |
| BSE 500 TRI | 8.99 | 0.34 | 0.83 | 5.19 | 17.75 | 34.70 | — | — | — | — |
| Equity: ELSS | 6.57 | -6.38 | -2.47 | 0.76 | 11.37 | 31.80 | — | — | — | — |
| Rank within category | 23 | 22 | 31 | 23 | 21 | 13 | — | — | — | — |
| Number of funds in category | 39 | 39 | 39 | 39 | 39 | 37 | 33 | 31 | 29 | 25 |
Peer Comparison
| 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 ELSS Tax Saver Dir | Unrated | 34.00 | — | — | 0.68 | 212 | 25.29 | — | 1Y 7M | 45.00 |
| SBI Long Term Equity Dir | 5 star | 50.56 | 25.07 | 21.84 | 0.94 | 23,412 | 17.02 | — | 11Y 5M | 20.00 |
| Mirae Asset ELSS Tax Saver Dir | 4 star | 28.21 | 15.62 | 19.30 | 0.57 | 22,472 | 19.89 | — | 8Y 5M | 103.00 |
| DSP ELSS Tax Saver Dir | 4 star | 36.50 | 18.45 | 19.82 | 0.76 | 14,860 | 18.10 | — | 11Y 5M | 39.00 |
| HDFC ELSS Tax Saver Dir | 4 star | 40.52 | 24.57 | 17.97 | 1.13 | 14,475 | 15.50 | — | 11Y 5M | 34.74 |
Portfolio Analysis of WhiteOak Capital ELSS Tax Saver Fund
| No. of Stocks | 129 |
| Top 10 Stocks | 28.00% |
| Top 5 Stocks | 17.85% |
| Top 3 Sectors | 48.89% |
| Portfolio P/B Ratio | 4.77 |
| Portfolio P/E Ratio | 28.96 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 77,377 | 1,71,738 |
| Giant (%) | 37.94 | 52.48 |
| Large (%) | 18.84 | 19.51 |
| Mid (%) | 27.47 | 24.23 |
| Small (%) | 15.75 | 6.82 |
| Tiny (%) | — | 0.36 |
How to Invest in WhiteOak Capital ELSS Tax Saver Fund?
Chanakya’s Mutual Fund Guidance For WhiteOak Capital ELSS Tax Saver Fund
Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Apply Online: https://mf.whiteoakamc.com/our-funds
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