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WhiteOak Capital Mutual Fund Launches New Fund: WhiteOak Capital Special Opportunities Fund
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4 min read | Updated on May 15, 2024, 17:54 IST
SUMMARY
The Special Opportunities Fund, which aims for a prolonged increase in capital by investing in unique areas such as corporate restructuring and technological disruption was initiated by the WhiteOak Capital Mutual Fund. Under the command of competent workers, this strategic investing channel is exceptional.
WhiteOak Capital Mutual Fund Launches New Fund: WhiteOak Capital Special Opportunities Fund
A new fund has been launched by WhiteOak Capital Mutual Fund to accumulate investment opportunities arising from the special situation. Let’s get into the specifics of a new fund offering (NFO) to find out about its objective, where it puts its money, who manages it as well as what other funds like this perform like.
WhiteOak Capital Special Opportunities Fund
WhiteOak Capital Mutual Fund launched the WhiteOak Capital Special Opportunities Fund, an open-ended equity thematic scheme that invests in opportunities arising from special situations. These situations could include corporate restructuring, government policy changes, technological disruption, new trends, emerging sectors, or temporary challenges faced by companies or sectors. The fund aims for long-term capital appreciation by capitalising on these opportunities.
The New Fund Offer (NFO) is open for subscription from May 15 to May 29, 2024. There is no entry load, but an exit load of 1% applies if you redeem or switch out your units within 1 month from the allotment date. The minimum investment amount is Rs 100 and in multiples of Re 1.
The primary objective of the WhiteOak Capital Special Opportunities Fund is to generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring (including mergers & acquisitions etc.), government policy and/or regulatory changes, technology-led disruption and innovation, new trends, new & emerging sectors, companies/sectors going through temporary unique challenges and other similar instances.
Benchmark
The fund house compares the performance of WhiteOak Capital Special Opportunities Fund to S&P BSE 500 TRI.
Risk-o-meter:
Funds Allocation
| Types of Instruments | Risk Profile | Minimum Allocation | Maximum Allocation |
|---|---|---|---|
| Equities under Special Situations theme | Very High | 80% | 100% |
| Other Equities | Low to Moderate | 0% | 20% |
| Debt and Money Market | Moderately High | 0% | 20% |
| REITS and InVITs | High | 0% | 10% |
Peer Schemes
| Scheme Name | AuM (Cr) | 1 Year Returns | 3 years Returns | 5 years Returns | 10 Years Returns |
|---|---|---|---|---|---|
| Kotak ESG Opportunities Fund | 0.00 | 29.35% | 13.40% | - | - |
| Nippon India US Equity Opportunities Fund | 661.36 | 33.29% | 8.73% | 15.07% | - |
| Franklin India Opportunities Fund | 3,459.54 | 67.78% | 29.19% | 24.83% | 18.49% |
| SBI Healthcare Opportunities Fund | 2,667.21 | 51.18% | 16.19% | 24.69% | 15.68% |
| ICICI Prudential India Opportunities Fund | 19,072.35 | 45.57% | 28.40% | 23.98% | - |
| HDFC Housing Opportunities Fund | 2,916.87 | 52.43% | 26.06% | 18.57% | - |
| SBI Consumption Opportunities Fund | 2,165.26 | 30.55% | 25.12% | 20.60% | 16.83% |
| SBI Technology Opportunities Fund | 3,577.86 | 23.23% | 15.80% | 21.62% | 17.13% |
Who should invest in this scheme?
The investors seeking long-term capital appreciation and investment predominantly in equity & equity-related instruments of special situations theme are suitable for this NFO from WhiteOak Capital Special Opportunities Fund. In case of doubt, investors should inquire from their financial advisers whether or not the product is suitable for them.
Who Manages the Scheme?
Dheeresh Pathak is a 41-year-old who has over 16 years of extensive experience in the financial market but focuses on equity only. Holding a B. Com and CA qualification is what makes him able to manipulate equity investments perfectly.
Trupti Agrawal is aged 38 and she works as a Fund Manager Assistant in equity, she has been in practice with the field for around 15 years. For her support of the activities related to fund management, she has a good background in B. Com plus CA. These have enabled her to take on market dynamics and investment strategies.
Piyush Baranwal is 38 years old and has a Bachelor’s degree in Engineering, PGDBM, and has passed all three levels of the CFA examination. In addition, he has over 14 years of experience and focuses on debt securities management where he combines both analytical aspects and strategic mind to enhance returns and reduce risks when investing in debts.
With a specialised thematic approach and managed by seasoned professionals, WhiteOak Capital Special Opportunities Fund presents investors with a unique opportunity for long-term capital appreciation through strategic investments in special situations.
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