WhiteOak Capital Ultra Short Duration Fund Direct Growth

WhiteOak Capital Ultra Short Duration Fund Direct Growth

Debt

Direct

Ultra Short Duration

NAV as on 23-12-2024

₹ 1355.67

Inception Returns

5.6%

/yr

About WhiteOak Capital Ultra Short Duration Fund Direct Growth

WhiteOak Capital Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 6 June, 2019. The fund is managed by Piyush Baranwal. This fund is suitable to keep your money safe.

Key Parameters

  1. WhiteOak Capital Ultra Short Duration Fund Direct Growth has ₹316 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

WhiteOak Capital Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.44%, 6.32% and 5.52% respectively.

Holdings

WhiteOak Capital Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Power Finance Corporation Limited, National Bank For Agriculture And Rural Development, Small Industries Development Bank Of India, HDFC Bank Limited, Hdb Financial Services Limited

Taxation

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of WhiteOak Capital Ultra Short Duration Fund Direct Growth

The investment objective of the scheme is to generate reasonable income with low volatility through investment in a portfolio comprising of debt & money market instruments. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. WhiteOak Capital Ultra Short Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
6 people have invested ₹ 30L in WhiteOak Capital Ultra Short Duration Fund Direct Growth in the last three months

WhiteOak Capital Ultra Short Duration Fund Direct Growth Overview

Expense ratio0.51%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹316 Cr
Inception Date6 June, 2019
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
243.15%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (23-Dec-24)

Period
WhiteOak Capital Ultra Short Duration Fund Direct Growth
Ultra Short Duration Index
1M
0.6%
0.4%
3M
1.8%
1.5%
6M
3.6%
3.2%
1Y
7.4%
6.9%
3Y
6.3%
6%
5Y
5.5%
5.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
81.4%

AA
18.6%

Sector Allocation

Nov'24

Oct'24

Sep'24

Corporate
54.8%
Cash Equivalent
37.5%
Government
7.7%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 319.1 Cr
₹ 288.1 Cr
₹ 290.4 Cr
  • AUM of the fund stands at 319.1 Cr as of Nov'24
  • AUM increased by 31 Cr between Nov'24 and Oct'24
Cash allocation has gone down from 49.9% to 37.4%
Cash allocation has gone down from 49.9% to 37.4%
Debt allocation has gone up from 49.9% to 62.4%
Debt allocation has gone up from 49.9% to 62.4%

Top 2 Sectors in November were Corporate, Government

Nov'24
Corporate
55%
Government
8%
Oct'24
Corporate
43%
Government
7%
  • Debt & Cash

Holdings
Weight%
1M Change
Power Finance Corporation Limited
Power Finance Corporation Limited
7.89%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
7.82%
25%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
7.26%
0%
HDFC Bank Limited
HDFC Bank Limited
7.04%
100%
Hdb Financial Services Limited
Hdb Financial Services Limited
6.63%
0%
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Piyush Baranwal
Piyush Baranwal
Fund Manager of WhiteOak Capital Ultra Short Duration Fund Direct Growth, since 6 June 2019
Fund House
WhiteOak Capital Asset Management Limited
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

Mutual Fund Insights

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In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 6.97% return, outperforming this fund by 0.65% per annum.
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This fund expense ratio is slightly on the lower side within the category (ultra short duration). Its expense ratio is 0.51% which is lower than the category average expense ratio of 0.56%.
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In the last 1 year, Aditya Birla Sun Life Savings Fund Direct Plan Growth has given 8.06% return, outperforming this fund by 0.62%.
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Over the last 3 months, this fund has experienced a 11.2% growth in AUM moving from 283.84 Cr to 315.67 Cr.
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In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.06% return, outperforming this fund by 1.54% per annum.

WhiteOak Capital Ultra Short Duration Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.64% since inception which is less than its category average return of 7.17%
AUM size ₹316 Cr

AUM size ₹316 Cr

This fund has AUM of ₹316 Cr which is less than its category average of ₹ 3607 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 0.61%

Frequently Asked Questions for WhiteOak Capital Ultra Short Duration Fund Direct Growth

The current NAV of WhiteOak Capital Ultra Short Duration Fund Direct Growth is ₹1355.67 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
WhiteOak Capital Ultra Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
3.57%
3.57%
1 Year Returns
7.44%
7.44%
3 Years Returns
20.19%
6.32%
5 Years Returns
30.82%
5.52%
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.
0.51% as on November 2024
₹316 Cr as on November 2024
Power Finance Corporation Limited(7.89%), National Bank For Agriculture And Rural Development(7.82%), Small Industries Development Bank Of India(7.26%), HDFC Bank Limited(7.04%), Hdb Financial Services Limited(6.63%) as on November 2024
Corporate(49.03%), Cash Equivalent(43.13%), Government(7.84%) as on November 2024
Yield to Maturity is 7.49 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.4 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
81.39
AA
18.61
Piyush Baranwal is the fund manager of WhiteOak Capital Ultra Short Duration Fund Direct Growth
The Exit load of WhiteOak Capital Ultra Short Duration Fund Direct Growth is 0%