WhiteOak Capital Mutual Fund files offer document for Dividend Yield Fund
WhiteOak Capital Mutual Fund has filed offer document with SEBI to launch an open-ended equity Scheme named ‘WhiteOak Capital Dividend Yield Fund'. The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load and Exit load will be nil for the scheme. The Scheme offers Growth and Dividend options for investment and seeks to collect a Minimum Target Amount of Rs 10 crores.
The performance will be benchmarked against BSE 500 Total Return Index (TRI). The minimum application amount during NFO will be Rs 500 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to generate long-term capital appreciation and regular income by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
