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WhiteOak Capital Mutual Fund, one of the youngest fund management companies in India, today announces its first anniversary of Equity Mutual Fund Scheme. Over the past twelve months, after the launch of its first maiden equity fund, it has added more than 1,50,000 unique PAN India  investors and has managed to scale up the systematic transactions (SIP/STP) book to a monthly input value of ~Rs.98 crores. The fund house has presence in more than 50 cities across the country and manages Rs. 3,947 crores AUM as on 31st July 2023.

WhiteOak Capital Mutual Fund has catered to investors in India and internationally, and the same is reflected in its granular and well-diversified client base. The fund house has over 15,000 empanelled distributors. The asset management company is reaching out to emerging markets through its omni-channel presence across physical, virtual and digital channels.

The fund house has grown in both size and scope over the past year since the launch of its ‘Flexicap Fund’ in July last year. WhiteOak Capital Flexi Cap Fund collected nearly Rs 550 crores during the new fund offer (NFO) period which has now grown to Rs. 1,642 crores in AUM as on 31^st July 2023.

Speaking on the occasion Mr. Prashant Khemka, Founder, WhiteOak Capital Group said, “We are excited to have completed the first year of our equity funds, with our team delivering a good experience to our investors. We take this opportunity to thank all the investors and distribution partners for reposing their trust in us early in our journey.”

Mr. Aashish P. Somaiyaa, CEO, WhiteOak Capital Asset Management Limited said, " Our progress in the first one year on the back of around 1.54 Lakhs unique investors and acceptance across a wide geographic network is manifestation of the meritocracy that has set into India's asset management industry. There are many new entrants who are finding space in the industry and are likely to receive a warm welcome provided they can create confidence in their ability to deliver investment performance. WhiteOak's start in the first year gives us great confidence about investors, advisors and distributors' belief in us.”

“WhiteOak has a strong performance-first culture, founded on a simple stock selection-based approach and robust risk management. We strive to be a performance-centric organization, with the vision of providing consistent investment performance to investors, by bringing together a scientific and fundamental approach to Fund Management. Although it’s a short time period of one year, we are happy that we managed to deliver good investing experience to our investors.” said Mr. Ramesh Mantri, CIO, WhiteOak Capital Asset Management Limited.

“The launch of our mutual funds helped us reach out to a diverse base of retail investors and distribution partners through a network of 50+ branches across the country. We aim to grow our existing equity products basket and offer innovative solution-based products to help investors achieve their financial goals." added Mr. Prateek Pant, CBO, WhiteOak Capital Asset Management Limited.

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