IGI Logo

WhiteOak Capital Mutual Fund today announced the launch of a new fund offer (NFO) – WhiteOak Capital Consumption Opportunities Fund, an open-ended equity scheme following the consumption theme. The NFO opens on 20^th January and closes on 3^rd February.

The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies engaged in consumption and consumption-related activities or allied sectors, or those expected to benefit from domestic consumption-led demand. There is no assurance that the investment objective of the scheme will be achieved. The scheme is benchmarked against the Nifty India Consumption Total Return Index (TRI).

India’s domestic consumption continues to be supported by long-term structural drivers such as population growth, rising disposable incomes, urbanisation, expanding digital access, and increased availability of credit. Government initiatives aimed at manufacturing and infrastructure development, along with rising foreign direct investment, further support consumption-led economic growth over the long term.

According to industry data, multiple open-ended mutual fund schemes currently follow the consumption theme, managing assets of approximately Rs Rs. 38,390 crores as of December 31, 2025. Assets under management in consumption-themed schemes have grown significantly over time, reflecting sustained investor interest in the theme. (Past performance may or may not be sustained in the future and is not a guarantee of future returns.)

The Nifty India Consumption Index is designed to reflect the performance of companies linked to domestic consumption across sectors and is considered appropriate for evaluating the scheme’s performance in line with its investment objective.

Mr. Aashish Somaiyaa, CEO, WhiteOak Capital Asset Management Limited, said, “India’s domestic consumption story is driven by structural factors rather than short-term cycles. Rising incomes, formalisation of the economy, and evolving consumer preferences continue to create opportunities across consumption-linked sectors. The WhiteOak Capital Consumption Opportunities Fund aims to offer investors a focused way to participate in this long-term theme through a disciplined, research-driven investment approach.”

Mr. Ramesh Mantri, CIO, WhiteOak Capital Asset Management Limited, added, “The scheme will follow a bottom-up approach to stock selection, focusing on businesses with scalable models, strong governance, and sustainable return potential. While the fund follows a consumption theme, it does not have a bias towards any specific market capitalisation and seeks to identify opportunities across the consumption value chain.”

Under normal circumstances, the scheme will invest 80% to 100% of its net assets in equity and equity-related instruments of companies aligned with the consumption theme. Up to 20% of the portfolio may be invested in equity instruments outside the theme and up to 20% in debt and money market instruments, in line with regulatory limits. The scheme may also invest in REITs and InvITs, subject to applicable regulations.

The fund will be managed by Mr. Ramesh Mantri (Equity), Ms. Trupti Agarwal (Equity), Mr. Dheeresh Pathak (Equity), and Mr. Piyush Baranwal (Debt). The scheme will be available under Direct and Regular Plans, offering only the Growth option.

Above views are of the author and not of the website kindly read disclaimer