WhiteOak Capital MF introduces Capital Balanced Advantage Fund
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WhiteOak Capital Mutual Fund (MF) has launched WhiteOak Capital Balanced Advantage Fund, an open-ended Dynamic Asset Allocation Fund. The NFO opens for subscription on January 20, 2023 and closes on February 03, 2023. The Entry load is not applicable for the scheme. In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment and No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re. 1 thereafter.
The performance of the scheme will be benchmarked to the performance of CRISIL Hybrid 50+50 - Moderate Index and its fund managers are Ramesh Mantr, Trupti Agrawal and Piyush Baranwal.
The investment objective of the scheme is to provide long term capital appreciation and generate income from a dynamically managed portfolio of equity & equity related instruments and debt & money market securities.
