WhiteOak Capital ELSS Tax Saver Fund Direct Growth

WhiteOak Capital ELSS Tax Saver Fund Direct Growth

Equity

Direct

Elss (Tax Savings)

NAV as on 03-01-2025

₹ 18.19

▲1.4%

1D

Inception Returns

31.1%

/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

  1. WhiteOak Capital ELSS Tax Saver Fund Direct Growth has ₹309 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

WhiteOak Capital ELSS Tax Saver Fund Direct Growth has given a CAGR return of 31.14% since inception. Over the last 1 year the fund has given a CAGR return of 33.66%.

Holdings

WhiteOak Capital ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Basic Materials, Consumer Defensive, Communication, Energy, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Zomato Ltd, ICICI Securities Ltd, KRN Heat Exchanger and Refrigeration 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 benefit
Dividends 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
▲
▼

zero opening, trading, fund transfer fee
280 people have invested ₹ 8.9L in WhiteOak Capital ELSS Tax Saver Fund Direct Growth in the last three months

WhiteOak Capital ELSS Tax Saver Fund Direct Growth Overview

Expense ratio0.7%
Benchmark
S&P BSE 200 India TR INR
AUM₹309 Cr
Inception Date14 October, 2022
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
45.14%
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 (03-Jan-25)

Period
WhiteOak Capital ELSS Tax Saver Fund Direct Growth
Nifty 500
elss (tax savings)
1M
1.6%
-1.4%
0.4%
3M
1.6%
-4.4%
-4.2%
6M
11.2%
-0.6%
2.8%
1Y
33.7%
17.3%
22.2%

Fund Distribution

as on (30-Nov-24)

  • Equity 97.8%

  • Debt & Cash 2.2%

Large cap
44%
Small cap
32.3%
Mid cap
15.5%
Sector Allocation

Nov'24

Oct'24

Sep'24

Financial Services
31.1%
Consumer Cyclical
15.7%
Tech
13.3%
Industrial
12.3%
Health
8.9%
Basic Materials
5.6%
Consumer Defensive
5%
Communication
3.4%
Energy
2.3%
Utilities
1.5%
Real Estate
0.8%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
2.53%
-3.05%
3.47%
Nifty 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at 2.53% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
  • This fund outperformed Nifty 500 by 3.13% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 292.7 Cr
₹ 293.9 Cr
₹ 293.9 Cr
  • AUM of the fund stands at 292.7 Cr as of Nov'24
  • AUM decreased by 1.2 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Cigniti Technologies Ltd's allocation increased from 1.25% to 1.9%
Cigniti Technologies Ltd's allocation increased from 1.25% to 1.9%
KRN Heat Exchanger and Refrigeration Ltd's allocation increased from 1.51% to 2.13%
KRN Heat Exchanger and Refrigeration Ltd's allocation increased from 1.51% to 2.13%
Azad Engineering Ltd's allocation increased from 0.51% to 0.91%
Azad Engineering Ltd's allocation increased from 0.51% to 0.91%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.93 % to 4.8 %
ICICI Bank Ltd's allocation decreased from 4.93 % to 4.8 %
ICICI Securities Ltd's allocation decreased from 3.3 % to 3.05 %
ICICI Securities Ltd's allocation decreased from 3.3 % to 3.05 %
Nestle India Ltd's allocation decreased from 2.01 % to 1.88 %
Nestle India Ltd's allocation decreased from 2.01 % to 1.88 %
Mid Cap allocation has gone down from 16% to 15.5%
Mid Cap allocation has gone down from 16% to 15.5%
Large Cap allocation has gone up from 43.8% to 44%
Large Cap allocation has gone up from 43.8% to 44%
Small Cap allocation has gone down from 32.5% to 32.3%
Small Cap allocation has gone down from 32.5% to 32.3%
Cash allocation has gone down from 3.8% to 2.2%
Cash allocation has gone down from 3.8% to 2.2%

Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial

Nov'24
Financial Services
31%
Consumer Cyclical
16%
Tech
13%
Oct'24
Financial Services
33%
Consumer Cyclical
14%
Industrial
13%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
5.38%
3.8%
ICICI Bank Ltd
ICICI Bank Ltd
4.8%
2%
Zomato Ltd
Zomato Ltd
3.13%
0%
ICICI Securities Ltd
ICICI Securities Ltd
3.05%
-3%
KRN Heat Exchanger and Refrigeration Ltd
KRN Heat Exchanger and Refrigeration Ltd
2.13%
-13.9%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
WhiteOak Capital ELSS Tax Saver Fund Direct Growth
WhiteOak Capital ELSS Tax Saver Fund Direct Growth
33.66%
-
-
31.14%
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
50.38%
29.4%
25.98%
20.54%
SBI Long Term Equity Fund Direct Growth
SBI Long Term Equity Fund Direct Growth
29.37%
25.46%
25.13%
17.42%
DSP ELSS Tax Saver Fund Direct Plan Growth
DSP ELSS Tax Saver Fund Direct Plan Growth
27.33%
20.82%
22.55%
18.86%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Newgen Software Technologies Ltd
Newgen Software Technologies Ltd
44.5%
Sagility India Ltd
Sagility India Ltd
30.9%
Persistent Systems Ltd
Persistent Systems Ltd
8.5%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
139
135
140
Top 5 Company Concentration
18.5%
18.4%
18.7%
Company having highest exposure
HDFC Bank Ltd (5.4%)
HDFC Bank Ltd (5.3%)
HDFC Bank Ltd (5.1%)
No of Sectors
11
10
10
Top 5 Sectors Concentration
81.3%
81.1%
79.3%
Sector having highest exposure
Financial Services (31.1%)
Financial Services (32.7%)
Financial Services (30.5%)
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Piyush Baranwal
Piyush Baranwal
Fund Manager of WhiteOak Capital ELSS Tax Saver Fund Direct Growth, since 14 October 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
WhiteOak Capital Special Opportunities Fund Direct Growth
0%
--
WhiteOak Capital Ultra Short Duration Fund Direct Growth
6.39%
6.04%
Whiteoak Capital Large & Mid Cap Fund Direct Growth
0%
19.31%
Fund House
WhiteOak Capital Asset Management Limited
Total Schemes
17
See all WhiteOak schemes
Total AUM
₹14.87K Cr
as on 29-Nov-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

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 31.14% since inception which is more than its category average return of 15.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.77% in Equity, 0% in Debt and 2.23% in Cash related instruments
AUM size ₹309 Cr

AUM size ₹309 Cr

This fund has AUM of ₹309 Cr which is less than its category average of ₹ 3945 Cr
Expense Ratio 0.7%

Expense Ratio 0.7%

This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.45%

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 ₹18.19 as on 03-Jan-2025.
Existing (Absolute + CAGR) as on 03-Jan-2025.
WhiteOak Capital ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.65%
1.65%
6 Month Returns
11.22%
11.22%
1 Year Returns
33.66%
33.66%
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.
0.7% as on December 2024
₹309 Cr as on December 2024
HDFC Bank Ltd(5.38%), ICICI Bank Ltd(4.8%), Zomato Ltd(3.13%), ICICI Securities Ltd(3.05%), KRN Heat Exchanger and Refrigeration Ltd(2.13%) as on December 2024
Financial Services(30.45%), Consumer Cyclical(15.37%), Tech(12.99%) as on December 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
14.6
-
-
As on December 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 December 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
2.18
-
-
As on December 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
9.32
-
-
As on December 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%