WhiteOak Capital ESG Best-In-Class Strategy Fund Review – WhiteOak Capital ESG Best-In-Class Strategy Fund Review Direct NFO Open on 11 October 2024 and Close on 25 October 2024. WhiteOak Capital ESG Best-In-Class Strategy Fund Direct NFO Allotment Date is 30 October 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹500. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open-ended equity scheme investing in companies following Environment, Social and Governance (ESG) theme adopting Best-In-Class Strategy.
Scheme Benchmark : Nifty 100 ESG TRI – Justification for use of benchmark Nifty100 ESG Index is designed to reflect the performance of companies within Nifty 100 index based on Environmental, Social and Governance (ESG) risk score.
As required under para 1.9 of SEBI Master Circular dated June 27, 2024, the benchmark has been selected from amongst those notified by AMFI as the first-tier benchmark to be adopted by mutual funds and which are reflective of the category of the scheme.
The Trustee/AMC reserves the right to change the benchmark for the evaluation of the performance of the Scheme from time to time, keeping in mind the investment objective of the Scheme and the appropriateness of the benchmark, subject to the Regulations and other prevalent guidelines.
WhiteOak Capital ESG Best-In-Class Strategy Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Infosys Ltd. | 6.96 |
| HDFC Bank Ltd. | 6.38 |
| ICICI Bank Ltd. | 4.18 |
| Axis Bank Ltd. | 3.65 |
| Bharti Airtel Ltd. | 3.12 |
| HCL Technologies Ltd. | 3.09 |
| Tata Consultancy Services Ltd. | 2.56 |
| Tech Mahindra Ltd. | 2.33 |
| Tata Motors Ltd. | 2.14 |
| Wipro Ltd. | 2.03 |
WhiteOak Capital ESG Best-In-Class Strategy Fund Important Date
| Scheme Offer | WhiteOak Capital ESG Best-In-Class Strategy Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 11 Oct 2024 |
| Close Date | 25 Oct 2024 |
| Allotment Date | 30 Oct 2024 |
| Category | Thematic Fund |
| Min Inv ₹ | ₹500 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty 100 ESG TRI |
Investment Objective of the Scheme ?
The investment objective of the scheme is to achieve long-term capital appreciation by investing in the companies identified based on the Environment, Social and Governance (ESG) theme adopting Best in Class Strategy. There is no assurance that the investment objective of the Scheme will be achieved.
WhiteOak Capital ESG Best-In-Class Strategy Fund Other Details
| Exit Load | 1% |
|---|---|
| Exit Load Details | Exit load of 1%, if redeemed within 1 month. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 500 |
| Min. SIP | Rs. 100 |
WhiteOak Capital ESG Best-In-Class Strategy Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity & Equity related Instruments of companies following Environment, Social and Governance (ESG) theme adopting Best-In-Class Strategy | 80% | 100% |
| Equity & Equity related Instruments of other companies | 0% | 20% |
| Debt Securities and Money Market Instruments | 0% | 20% |
| Units issued by REITS and InVITs | 0% | 10% |
Manager Manage the Scheme?
Fund Manger : Mr. Ramesh Mantri
Qualification : MBA, CFA, CA
Experience : Over 20 years’ experience in Financial market
Fund Manger : Ms. Trupti Agarwal
Qualification : B.Com, CA
Experience : Over 15 years of experience
Fund Manger : Mr. Dheeresh Pathak
Qualification : PGDBM, BE (Electronics & Communication Engineering)
Experience : Over 16 years’ of experience in Financial Market
Fund Manger : Mr. Piyush Baranwal
Qualification : Bachelor of Engineering, PGDBM, cleared all 3 levels of CFA
Experience : Over 15 years’ experience in Portfolio Management and trading in Fixed Income securities.
WhiteOak Capital ESG Best-In-Class Strategy Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 31.32 |
| Information Technology | 18.61 |
| Automobile and Auto Components | 9.12 |
| Fast Moving Consumer Goods | 7.62 |
| Healthcare | 5.01 |
| Oil, Gas & Consumable Fuels | 4.99 |
| Consumer Durables | 4.47 |
| Telecommunication | 3.12 |
| Consumer Services | 3.07 |
| Power | 2.89 |
| Metals & Mining | 2.40 |
| Construction Materials | 2.14 |
| Services | 2.13 |
| Construction | 1.59 |
| Capital Goods | 0.66 |
| Chemicals | 0.45 |
| Realty | 0.40 |
WhiteOak Capital ESG Best-In-Class Strategy Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 9.17 | 23.38 | 39.08 | 19.44 | 12.95 |
| Total Return | 9.43 | 24.35 | 40.49 | 20.79 | 14.46 |
Where Will the Scheme Invest ?
- Equity and Equity Related Instruments (identified based on ESG theme following Best-In-Class Strategy) (including equity derivatives viz Futures and Options, convertible bonds, convertible debentures, convertible preference shares, warrants, etc. carrying the right to obtain equity shares).
- Investments in units of mutual fund schemes.
- Investment in Short Term Deposits.
- Debt Derivative instruments like Interest Rate Swaps, Forward Rate Agreements and such other derivative instruments permitted by SEBI/RBI.
- Interest Rate Futures.
- Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT).
- Debt instruments having structured obligations / credit enhancements, Credit Default Swaps (CDS).
- Investment in Securitised Debt.
- Cash & cash equivalents.
- Securities issued by banks (both public and private sector) as permitted by SEBI from time to time and development financial institutions.
- Any other instruments, as may be permitted by RBI / SEBI / such other Regulatory Authority, from time to time, subject to Regulatory approvals.
Also Read: Motilal Oswal Digital India Fund Review
WhiteOak Capital ESG Best-In-Class Strategy Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
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