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WhiteOak Capital Mutual Fund today announced the launch of their new fund offer (NFO) - ‘WhiteOak Capital Multi Cap Fund’. The NFO will be open from 31^st August to 14^th  September 2023. WhiteOak Capital Multi Cap Fund is an open-ended equity scheme that will be investing across large cap, mid cap, small cap stocks. Earlier this month, our first equity scheme completed 1 year.

WhiteOak Capital Multi Cap Fund will be focusing on superior stock selection while maintaining a "High Active Share" approach with reasonable allocation to small and mid-cap segment. The scheme will strategically allocate its assets across the market cap spectrum to optimize returns across different market conditions.

The primary objective of WhiteOak Capital Multi Cap Fund is to provide long-term capital appreciation / income by investing across market capitalisations and managing a diversified portfolio of Large Cap, Mid Cap and Small Cap Stock. The scheme will be benchmarked against Nifty 500 Multicap 50:25:25 TRI.

Speaking on the new fund offer, Mr. Aashish Somaiyaa, CEO,  WhiteOak Capital Mutual Fund, said, “MultiCap Funds are an ideal component for the long-term allocation in any equity investors’ portfolio. With our deep bench of seasoned investment professionals, we at WhiteOak Capital are well positioned to take advantage of the broad mandate of investing across small, mid and large cap names backed by bottom-up research and balanced portfolio construction aimed at delivering consistent performance. We aim to avoid being part of the rampant “winner rotation” phenomenon that plays out in our markets with the best performing fund and fund manager changing every 18-24 months”.

Mr. Ramesh Mantri, CIO, WhiteOak Capital Mutual Fund said, “At WhiteOak Capital we believe that outsized returns can be earned over time by investing in great businesses at attractive valuations. So, instead of taking skewed macro bets on sectors or on particular style, our focus is on meticulous stock selection, driven by thorough research and analysis. We do believe that no particular style performs consistently every year and likewise, sector and market cap performance keeps rotating year on year. Furthermore, there may be prolonged cycle of out-performance and under-performance. Hence, a factor diversified balanced portfolio like WhiteOak Capital MultiCap Fund is designed with an intent to deliver consistency of the performance in an uncertain global macro and market environment.

A closer look at Market Cap Wise Performance in various market cycles reveals that Small and Mid-Cap Indices have demonstrated strong performance during rising market scenarios, presenting significant opportunities for value creation while large cap index performed relatively well during falling market, flat market and narrow market.

The fund will be managed by Mr. Ramesh Mantri (Equity), Ms. Trupti Agrawal (Assistant Fund Manager), Mr. Piyush Baranwal (Debt), Mr. Shariq Merchant (Overseas Investments). The scheme is suitable for investors who are seeking long term capital appreciation and are looking for investment in an equity and equity-related instruments across the large cap, mid cap and small cap stocks.

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