WhiteOak Capital MF introduces Multi Asset Allocation Fund
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
WhiteOak Capital Mutual Fund (MF) has launched WhiteOak Capital Multi Asset Allocation Fund, an open-ended scheme investing in Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/silver related instruments. The NFO opens for subscription May 03, 2023 and closes on May 10, 2023. The Entry load is nil for the scheme. An Exit Load of 1.00% is payable, if Units are redeemed/ switched-out within 1 month from the date of allotment and nil, 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 against S&P BSE 500 TRI (40%) + CRISIL Composite Bond Index (40%) Domestic prices of Gold (10%) + Domestic prices of Silver (10%) and its fund managers are Ramesh Mantri (Equity Securities), Piyush Baranwal (Debt Securities), Vineet Narang (Gold/silver related instruments) & Shariq Merchant (overseas Investments).
The investment objective of the Scheme is to provide long term capital appreciation and generate income by investing in instruments across multiple asset classes viz. Equity, Debt and Gold/silver related instruments.
