Direct
NAV (17-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹240 Cr
Expense Ratio
0.66%
ISIN
INF03VN01860
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
06 Feb 2024
About this fund
As of 17-Sep-24, it has a Net Asset Value (NAV) of ₹11.63, Assets Under Management (AUM) of 239.71 Crores, and an expense ratio of 0.66%.
- WhiteOak Capital Banking & Financial Services Fund Direct Growth has given a CAGR return of 16.27% since inception.
- The fund's asset allocation comprises around 95.09% in equities, 0.00% in debts, and 4.91% in cash & cash equivalents.
- You can start investing in WhiteOak Capital Banking & Financial Services Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+16.27%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹227.94 Cr | 95.09% |
| Others | ₹11.77 Cr | 4.91% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹52.7 Cr | 21.99% |
| ICICI Bank Ltd | Equity | ₹34.34 Cr | 14.33% |
| ICICI Securities Ltd | Equity | ₹21.12 Cr | 8.81% |
| Bajaj Finserv Ltd | Equity | ₹14.31 Cr | 5.97% |
| State Bank of India | Equity | ₹13.69 Cr | 5.71% |
| Kotak Mahindra Bank Ltd | Equity | ₹10.79 Cr | 4.50% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹9.15 Cr | 3.82% |
| Axis Bank Ltd | Equity | ₹8.05 Cr | 3.36% |
| Net Receivables / (Payables) | Cash - Collateral | ₹6.41 Cr | 2.67% |
| Shriram Finance Ltd | Equity | ₹6.11 Cr | 2.55% |
| CSB Bank Ltd Ordinary Shares | Equity | ₹5.79 Cr | 2.42% |
| HDFC Life Insurance Co Ltd | Equity | ₹5.52 Cr | 2.30% |
| REC Ltd | Equity | ₹4.88 Cr | 2.04% |
| Medi Assist Healthcare Services Ltd | Equity | ₹3.77 Cr | 1.57% |
| PNB Housing Finance Ltd | Equity | ₹3.32 Cr | 1.39% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹3.29 Cr | 1.37% |
| City Union Bank Ltd | Equity | ₹2.86 Cr | 1.19% |
| Motilal Oswal Financial Services Ltd | Equity | ₹2.79 Cr | 1.16% |
| Max Financial Services Ltd | Equity | ₹2.63 Cr | 1.10% |
| Five-Star Business Finance Ltd | Equity | ₹2.5 Cr | 1.04% |
| CMS Info Systems Ltd | Equity | ₹2.22 Cr | 0.93% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹2.2 Cr | 0.92% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹1.95 Cr | 0.82% |
| Indian Bank | Equity | ₹1.87 Cr | 0.78% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹1.81 Cr | 0.76% |
| Karnataka Bank Ltd | Equity | ₹1.78 Cr | 0.74% |
| Intellect Design Arena Ltd. | Equity | ₹1.78 Cr | 0.74% |
| Nucleus Software Exports Ltd | Equity | ₹1.58 Cr | 0.66% |
| Power Finance Corp Ltd | Equity | ₹1.53 Cr | 0.64% |
| L&T Finance Ltd | Equity | ₹1.38 Cr | 0.58% |
| Bajaj Finance Ltd | Equity | ₹1.35 Cr | 0.56% |
| Aadhar Housing Finance Ltd | Equity | ₹1.22 Cr | 0.51% |
| Angel One Ltd Ordinary Shares | Equity | ₹1.11 Cr | 0.46% |
| 182 DTB 24102024 | Bond - Gov't/Treasury | ₹1.09 Cr | 0.45% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹0.99 Cr | 0.41% |
| CARE Ratings Ltd | Equity | ₹0.96 Cr | 0.40% |
| Capital Small Finance Bank Ltd | Equity | ₹0.66 Cr | 0.27% |
| Muthoot Finance Ltd | Equity | ₹0.19 Cr | 0.08% |
Allocation By Market Cap (Equity)
Large Cap Stocks
64.70%
Mid Cap Stocks
3.35%
Small Cap Stocks
23.94%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹216.39 Cr | 90.27% |
| Technology | ₹3.78 Cr | 1.58% |
| Healthcare | ₹3.77 Cr | 1.57% |
| Industrials | ₹2.22 Cr | 0.93% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
16.47%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.60
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.07
Higher the better
Fund Managers
Piyush Baranwal
Since February 2024
Ramesh Mantri
Since February 2024
Trupti Agrawal
Since February 2024
Dheeresh Pathak
Since April 2024
Naitik Shah
Since April 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF03VN01860 | Expense Ratio | 0.66% | Exit Load | 1.00% | Fund Size | ₹240 Cr | Age | 06 Feb 2024 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Financial Services TRI |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹9.75 Cr | 10.6% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2501.61 Cr | 32.6% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1453.08 Cr | 32.7% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2463.98 Cr | 13.6% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹263.94 Cr | 13.6% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8175.89 Cr | 23.0% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1150.06 Cr | 24.4% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6138.44 Cr | 24.6% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of WhiteOak Capital Banking & Financial Services Fund Direct Growth?
What is the portfolio composition of WhiteOak Capital Banking & Financial Services Fund Direct Growth?
Who manages the WhiteOak Capital Banking & Financial Services Fund Direct Growth?
- Piyush Baranwal
- Ramesh Mantri
- Trupti Agrawal
- Dheeresh Pathak
- Naitik Shah
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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