WhiteOak Capital Balanced Advantage Fund Direct Growth

WhiteOak Capital Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 10 February, 2023. The fund is managed by Piyush Baranwal. This fund gives you the benefit of diversification.

1. WhiteOak Capital Balanced Advantage Fund Direct Growth has ₹1328 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

WhiteOak Capital Balanced Advantage Fund Direct Growth has given a CAGR return of 14.91% since inception. Over the last 1 year the fund has given a CAGR return of 7.85%.

WhiteOak Capital Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Consumer Cyclical, Tech, Industrial, Health, Basic Materials, Energy, Communication, Consumer Defensive, Utilities, Real Estate.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To provide long term capital appreciation and generate income from a dynamically managed portfolio of equity & equity related instruments and debt & money market securities. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. WhiteOak Capital Balanced Advantage Fund Direct Growth has no lock in period.