WhiteOak Capital Banking & Financial Services Fund Direct Growth
NAV as on 23-04-2025
₹ 12.38
1D
Inception Returns
19.3%
/yr
Historical NAV & Returns
Absolute
▲
▼
118 people have invested ₹ 19.7L in WhiteOak Capital Banking & Financial Services Fund Direct Growth in the last three months
About WhiteOak Capital Banking & Financial Services Fund Direct Growth
WhiteOak Capital Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 6 February, 2024. The fund is managed by Piyush Baranwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- WhiteOak Capital Banking & Financial Services Fund Direct Growth has ₹360 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
WhiteOak Capital Banking & Financial Services Fund Direct Growth has given a CAGR return of 19.25% since inception. Over the last 1 year the fund has given a CAGR return of 23.29%.
Holdings
WhiteOak Capital Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Government, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Kotak Mahindra Bank Ltd, State Bank of India, Bajaj Finserv Ltd
Taxation
As it is a sector - financial services mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of WhiteOak Capital Banking & Financial Services Fund Direct Growth
The primary objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of banks & companies engaged in Financial Services Sector. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. WhiteOak Capital Banking & Financial Services Fund Direct Growth has no lock in period.
WhiteOak Capital Banking & Financial Services Fund Direct Growth Overview
| Expense ratio | 0.68% |
Benchmark | Nifty Financial Services TRI |
| AUM | ₹360 Cr |
| Inception Date | 6 February, 2024 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 54.04% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
68.7%
Small cap
12.3%
Mid cap
7.3%
Sector Allocation
Financial Services
99.1%
Tech
0.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.86% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 1.61% in Mar'25
- AUM of the fund stands at 359.8 Cr as of Mar'25
- AUM increased by 45.4 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 15.29% to 21.08%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 0.74% to 1.46%
HDFC Life Insurance Co Ltd's allocation increased from 1.99% to 2.45%
Top Stocks sold last month
State Bank of India's allocation decreased from 6.33 % to 5.39 %
Bajaj Finserv Ltd's allocation decreased from 8.43 % to 5.06 %
Axis Bank Ltd's allocation decreased from 3.99 % to 3.68 %
Small Cap allocation has gone down from 23.1% to 12.3%
Mid Cap allocation has gone up from 7.1% to 7.3%
Large Cap allocation has gone up from 59.3% to 68.7%
Cash allocation has gone up from 10.5% to 11.7%
Top 3 Sectors in March were Financial Services, Government & Tech
Mar'25
Financial Services
99%
Government
5%
Tech
Feb'25
Financial Services
96%
Government
6%
Tech
3%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 21.08% | 40.7% | |
 HDFC Bank Ltd | 13.43% | 9.6% | |
 Kotak Mahindra Bank Ltd | 7.84% | 1.3% | |
 State Bank of India | 5.39% | -13.1% | |
 Bajaj Finserv Ltd | 5.06% | -36% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
WhiteOak Capital Banking & Financial Services Fund Direct Growth | 23.29% | - | - | 19.25% |
 Tata Banking & Financial Services Fund Direct Growth | 22.05% | 22.42% | 24.66% | 18.63% |
 SBI Banking & Financial Services Direct Growth | 21.7% | 20.86% | 25.43% | 16.05% |
 Mirae Asset Banking and Financial Services Fund Direct Growth | 19.67% | 20.76% | - | 19.05% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 9% |
 ICICI Bank Ltd | 4.3% |
 Kotak Mahindra Bank Ltd | 4.3% |
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Piyush Baranwal
Fund Manager of WhiteOak Capital Banking & Financial Services Fund Direct Growth, since 6 February 2024
Top funds managed
Fund House
WhiteOak Capital Asset Management Limited
Total Schemes
Total AUM
₹16.47K Cr
as on 31-Mar-2025
Address
602B, 6th Floor,Indiabulls Finance Centre(IFC),1&2 Senapati Bapat Marg, Elphinstone Road (West) Mumbai Mumbai City
Phone
+91180030003060
Website
http://mf.whiteoakamc.com
WhiteOak Capital Banking & Financial Services Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.25% since inception which is more than its category average return of 15.31%
Fund Allocations
This fund has an allocation of 88.34% in Equity, 0% in Debt and 11.66% in Cash related instruments
AUM size ₹360 Cr
This fund has AUM of ₹360 Cr which is less than its category average of ₹ 1926 Cr
Expense Ratio 0.68%
This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.33%
More funds from WhiteOak
1Y CAGR
▲ 15.97
1Y CAGR
▲ 16.80
1Y CAGR
▲ 18.52
1Y CAGR
▲ 15.16
1Y CAGR
▲ 16.81
Frequently Asked Questions for WhiteOak Capital Banking & Financial Services Fund Direct Growth
The current NAV of WhiteOak Capital Banking & Financial Services Fund Direct Growth is ₹12.38 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
WhiteOak Capital Banking & Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.57% | 7.57% |
6 Month Returns | 8.14% | 8.14% |
1 Year Returns | 23.29% | 23.29% |
3 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.68% as on March 2025
₹360 Cr as on March 2025
ICICI Bank Ltd(21.08%), HDFC Bank Ltd(13.43%), Kotak Mahindra Bank Ltd(7.84%), State Bank of India(5.39%), Bajaj Finserv Ltd(5.06%) as on March 2025
The alpha ratio for the WhiteOak Capital Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
WhiteOak Capital Banking & Financial Services Fund Direct Growth | 6.88 | - | - |
As on March 2025
The alpha for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated against Nifty Financial Services TRI. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the WhiteOak Capital Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
WhiteOak Capital Banking & Financial Services Fund Direct Growth | 1 | - | - |
As on March 2025
The Beta for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated with Nifty Financial Services TRI. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the WhiteOak Capital Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
WhiteOak Capital Banking & Financial Services Fund Direct Growth | 0.79 | - | - |
As on March 2025
The sharpe ratio for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated with Nifty Financial Services TRI. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the WhiteOak Capital Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
WhiteOak Capital Banking & Financial Services Fund Direct Growth | 14.74 | - | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Piyush Baranwal is the fund manager of WhiteOak Capital Banking & Financial Services Fund Direct Growth
The Exit load of WhiteOak Capital Banking & Financial Services Fund Direct Growth is 1%