WhiteOak Capital Banking & Financial Services Fund Direct Growth

WhiteOak Capital Banking & Financial Services Fund Direct Growth

Equity

Direct

Sector - Financial Services

NAV as on 21-02-2025

₹ 10.91

▼-0.4%

1D

Inception Returns

9.4%

/yr

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

  1. WhiteOak Capital Banking & Financial Services Fund Direct Growth has ₹314 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

WhiteOak Capital Banking & Financial Services Fund Direct Growth has given a CAGR return of 9.36% since inception. Over the last 1 year the fund has given a CAGR return of 10.52%.

Holdings

WhiteOak Capital Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Government, Tech, Industrial. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Bajaj Finserv Ltd, State Bank of India

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 benefit
Dividends 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.

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
148 people have invested ₹ 19.3L in WhiteOak Capital Banking & Financial Services Fund Direct Growth in the last three months

WhiteOak Capital Banking & Financial Services Fund Direct Growth Overview

Expense ratio0.66%
Benchmark
S&P BSE BANKEX INR
AUM₹314 Cr
Inception Date6 February, 2024
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
54.04%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Feb-25)

Period
WhiteOak Capital Banking & Financial Services Fund Direct Growth
Nifty 500
sector - financial services
1M
-1.4%
-2.8%
-1.6%
3M
-1.5%
-4.5%
-3.4%
6M
-1.3%
-10.9%
-4.8%
1Y
10.5%
3.5%
3.2%

Fund Distribution

as on (31-Jan-25)

  • Equity 89.5%

  • Debt & Cash 10.5%

Large cap
59.3%
Small cap
23.1%
Mid cap
7.1%
Sector Allocation

Jan'25

Dec'24

Nov'24

Financial Services
96.3%
Tech
3%
Industrial
0.7%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
0.76%
-0.28%
Nifty 500
-2.02%
-0.60%
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 309.8 Cr
₹ 301.9 Cr
₹ 282.3 Cr
  • AUM of the fund stands at 309.8 Cr as of Jan'25
  • AUM increased by 7.9 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Kotak Mahindra Bank Ltd's allocation increased from 3.15% to 7.95%
Kotak Mahindra Bank Ltd's allocation increased from 3.15% to 7.95%
Bajaj Finserv Ltd's allocation increased from 5.28% to 6.91%
Bajaj Finserv Ltd's allocation increased from 5.28% to 6.91%
Axis Bank Ltd's allocation increased from 1.08% to 1.92%
Axis Bank Ltd's allocation increased from 1.08% to 1.92%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 17.04 % to 15.67 %
ICICI Bank Ltd's allocation decreased from 17.04 % to 15.67 %
HDFC Bank Ltd's allocation decreased from 15.35 % to 12.83 %
HDFC Bank Ltd's allocation decreased from 15.35 % to 12.83 %
ICICI Securities Ltd's allocation decreased from 6.24 % to 6.2 %
ICICI Securities Ltd's allocation decreased from 6.24 % to 6.2 %
Large Cap allocation has gone up from 54.9% to 59.3%
Large Cap allocation has gone up from 54.9% to 59.3%
Small Cap allocation has gone up from 22.4% to 23.1%
Small Cap allocation has gone up from 22.4% to 23.1%
Mid Cap allocation has gone down from 9.7% to 7.1%
Mid Cap allocation has gone down from 9.7% to 7.1%
Cash allocation has gone up from 7.5% to 10.5%
Cash allocation has gone up from 7.5% to 10.5%

Top 3 Sectors in January were Financial Services, Tech & Industrial

Jan'25
Financial Services
96%
Government
6%
Tech
3%
Dec'24
Financial Services
94%
Tech
5%
Industrial

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
ICICI Bank Ltd
ICICI Bank Ltd
15.67%
-4.5%
HDFC Bank Ltd
HDFC Bank Ltd
12.83%
-11.5%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
7.95%
140.9%
Bajaj Finserv Ltd
Bajaj Finserv Ltd
6.91%
19.8%
State Bank of India
State Bank of India
6.78%
13.2%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
WhiteOak Capital Banking & Financial Services Fund Direct Growth
WhiteOak Capital Banking & Financial Services Fund Direct Growth
10.52%
-
-
9.36%
SBI Banking & Financial Services Direct Growth
SBI Banking & Financial Services Direct Growth
12.79%
16.24%
13.44%
15.13%
ICICI Prudential Banking and Financial Services Fund Direct Plan Growth
ICICI Prudential Banking and Financial Services Fund Direct Plan Growth
11.5%
13.45%
12.11%
15.45%
Invesco India Financial Services Fund Direct Plan Growth
Invesco India Financial Services Fund Direct Plan Growth
9.42%
17.6%
14.45%
15.61%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Bajaj Finserv Ltd
Bajaj Finserv Ltd
8.1%
Cholamandalam Financial Holdings Ltd
Cholamandalam Financial Holdings Ltd
5.8%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
3.4%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
47
44
46
Top 5 Company Concentration
50.1%
50.2%
46.9%
Company having highest exposure
ICICI Bank Ltd (15.7%)
ICICI Bank Ltd (17%)
ICICI Bank Ltd (17.4%)
No of Sectors
4
3
3
Top 5 Sectors Concentration
106%
100%
100%
Sector having highest exposure
Financial Services (96.3%)
Financial Services (93.9%)
Financial Services (97.6%)
Loading...
We are taking more time than usual
Piyush Baranwal
Piyush Baranwal
Fund Manager of WhiteOak Capital Banking & Financial Services Fund Direct Growth, since 6 February 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
WhiteOak Capital Special Opportunities Fund Direct Growth
0%
--
Whiteoak Capital Large & Mid Cap Fund Direct Growth
0%
15.96%
WhiteOak Capital Ultra Short Duration Fund Direct Growth
6.54%
6.17%
Fund House
WhiteOak Capital Asset Management Limited
Total Schemes
19
See all WhiteOak schemes
Total AUM
₹16.43K Cr
as on 31-Jan-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

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.36% since inception which is less than its category average return of 12.4%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.46% in Equity, 0% in Debt and 10.54% in Cash related instruments
AUM size ₹314 Cr

AUM size ₹314 Cr

This fund has AUM of ₹314 Cr which is less than its category average of ₹ 1820 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.26%

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 ₹10.91 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
WhiteOak Capital Banking & Financial Services Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.41%
-1.41%
6 Month Returns
-1.29%
-1.29%
1 Year Returns
10.52%
10.52%
3 Years Returns
0%
0%
5 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.
0.66% as on January 2025
₹314 Cr as on January 2025
ICICI Bank Ltd(15.67%), HDFC Bank Ltd(12.83%), Kotak Mahindra Bank Ltd(7.95%), Bajaj Finserv Ltd(6.91%), State Bank of India(6.78%) as on January 2025
Financial Services(86.15%), Tech(2.69%), Industrial(0.63%) as on January 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
-
-
-
As on January 2025
The alpha for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX INR. 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
-
-
-
As on January 2025
The Beta for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. 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
-
-
-
As on January 2025
The sharpe ratio for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. 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
-
-
-
As on January 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%