WhiteOak Capital ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 22-11-2024
₹ 17.22
1D
Inception Returns
28.6%
/yr
About WhiteOak Capital ELSS Tax Saver Fund Direct Growth
WhiteOak Capital ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 14 October, 2022. The fund is managed by Piyush Baranwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- WhiteOak Capital ELSS Tax Saver Fund Direct Growth has ₹293 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
WhiteOak Capital ELSS Tax Saver Fund Direct Growth has given a CAGR return of 28.62% since inception. Over the last 1 year the fund has given a CAGR return of 35.32%.
Holdings
WhiteOak Capital ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, ICICI Securities Ltd, Zomato Ltd, Nestle India Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of WhiteOak Capital ELSS Tax Saver Fund Direct Growth
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for WhiteOak Capital ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Annualised
▲
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274 people have invested ₹ 9.6L in WhiteOak Capital ELSS Tax Saver Fund Direct Growth in the last three months
WhiteOak Capital ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.69% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹293 Cr |
| Inception Date | 14 October, 2022 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 45.14% |
| STCG | Redeeming 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
43.8%
Small cap
32.5%
Mid cap
16%
Sector Allocation
Financial Services
32.7%
Consumer Cyclical
14%
Industrial
13.2%
Tech
12.2%
Health
9.1%
Consumer Defensive
5.9%
Basic Materials
5.8%
Communication
3.9%
Energy
2.5%
Real Estate
0.8%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -3.05% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 3.47% in Oct'24
- AUM of the fund stands at 293.9 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
KRN Heat Exchanger and Refrigeration Ltd's allocation increased from 0.72% to 1.51%
Motilal Oswal Financial Services Ltd's allocation increased from 1.39% to 1.96%
ICICI Bank Ltd's allocation increased from 4.56% to 4.93%
Top Stocks sold last month
ICICI Securities Ltd's allocation decreased from 3.58 % to 3.3 %
Zomato Ltd's allocation decreased from 3.32 % to 2.85 %
Nestle India Ltd's allocation decreased from 3.63 % to 2.01 %
Mid Cap allocation has gone up from 15.5% to 16%
Large Cap allocation has gone down from 46.1% to 43.8%
Small Cap allocation has gone down from 32.5% to 32.5%
Cash allocation has gone up from 2.7% to 3.8%
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Oct'24
Financial Services
33%
Consumer Cyclical
14%
Industrial
13%
Sep'24
Financial Services
30%
Industrial
15%
Consumer Cyclical
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.28% | 2% | |
 ICICI Bank Ltd | 4.93% | 6% | |
 ICICI Securities Ltd | 3.3% | -7.6% | |
 Zomato Ltd | 2.85% | -3.3% | |
 Nestle India Ltd | 2.01% | 11.9% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 CARE Ratings Ltd | 10.8% |
 Poly Medicure Ltd | 6.4% |
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Piyush Baranwal
Fund Manager of WhiteOak Capital ELSS Tax Saver Fund Direct Growth, since 14 October 2022
Top funds managed
Fund House
WhiteOak Capital Asset Management Limited
Total Schemes
Total AUM
₹14.37K Cr
as on 31-Oct-2024
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 ELSS Tax Saver 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 28.62% since inception which is more than its category average return of 15.51%
Fund Allocations
This fund has an allocation of 96.24% in Equity, 0% in Debt and 3.76% in Cash related instruments
AUM size ₹293 Cr
This fund has AUM of ₹293 Cr which is less than its category average of ₹ 3983 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions for WhiteOak Capital ELSS Tax Saver Fund Direct Growth
The current NAV of WhiteOak Capital ELSS Tax Saver Fund Direct Growth is ₹17.22 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.85% | -3.85% |
6 Month Returns | 11.55% | 11.55% |
1 Year Returns | 35.32% | 35.32% |
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.
0.69% as on October 2024
₹293 Cr as on October 2024
HDFC Bank Ltd(5.28%), ICICI Bank Ltd(4.93%), ICICI Securities Ltd(3.3%), Zomato Ltd(2.85%), Nestle India Ltd(2.01%) as on October 2024
Financial Services(31.44%), Consumer Cyclical(13.46%), Industrial(12.69%) as on October 2024
The alpha ratio for the WhiteOak Capital ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 13.19 | - | - |
As on October 2024
The alpha for WhiteOak Capital ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR 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 ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 0.76 | - | - |
As on October 2024
The Beta for WhiteOak Capital ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth | 2.87 | - | - |
As on October 2024
The sharpe ratio for WhiteOak Capital ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth | 11.05 | - | - |
As on October 2024
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 ELSS Tax Saver Fund Direct Growth
The Exit load of WhiteOak Capital ELSS Tax Saver Fund Direct Growth is 0%