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WhiteOak Capital Mutual Fund (MF) has launched WhiteOak Capital Large Cap Fund, an Open-Ended Equity Scheme Predominantly Investing in Large Cap Stocks. The NFO opens for subscription on November 10 2022 and closes on November 24, 2022. Entry load is not applicable for the scheme.  Exit load of will be 1.00% payable, if Units are redeemed/ switched-out on or before 1 month from the date of allotment and nil, if Units are redeemed/ switched-out after 1 month from the date of allotment. No Entry / Exit Load shall be levied on units allotted on IDCW reinvestment. The minimum subscription amount is Rs 500 and in multiples of Rs 1 thereafter.

The performance of the scheme will be benchmarked to the performance of S&P BSE 100 TRI and its fund managers are Ramesh Mantri, Trupti Agrawal, Piyush Baranwal and Shariq Merchant.

The investment objective of the scheme is to provide long-term capital appreciation/income by investing predominantly in and managing a diversified portfolio of Large-Cap stocks.