WhiteOak Capital Balanced Advantage Fund
NAV Growth: Rs 10.7570
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation and generate income from a dynamically managed portfolio of equity & equity related instruments and debt & money market securities.
Fund Manager:
1) Piyush Baranwal
Education: Mr. Piyush Baranwal is a B. Tech. in Electronics and communication from Manipal Institute of Technology, Manipal. He completed PGDBM in Finance from S.P.Jain Institute of Management and Reserch and CFA.
Experience: Prior to joining YES Mutual Fund he has worked with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal Pnb AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011).
2) Ramesh Mantri
Education: Mr. Mantri is an MBA, CFA and CA
Experience: Prior to joining WhiteOak Capital Mutual Fund, he has worked with WhiteOak Capital Management, Ashoka Capital Advisers, Smith Management, and CRISIL.
3) Trupti Agrawal
Education: Ms. Agrawal has done B.Com and CA.
Experience: Prior to joining White Oak Capital Mutual Fund, she has worked with L&T Infrastructure Finance Co. Ltd. and Ernst & Young.
Investment Details
Min. Investment (Rs) | 500 |
Min. Addl Investment (Rs) | 500 |
Min. SIP Investment (Rs) | 100 |
Min. Withdrawal (Rs) | 500 |
Min. No of Cheques | 6 |
Min. Balance (Rs) | — |
Lock-in Period | NA |
Exit Load | 1% for redemption within 30 days |
Basic Details
Fund House | WhiteOak Capital Mutual Fund |
Launch Date | 10-Feb-23 |
Return Since Launch | 7.57% |
Benchmark | CRISIL Hybrid 50+50 Moderate Index |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 401 Cr |
(As on 31-May-2023) | |
Expense | 0.71% |
(As on 31-May-2023) | |
Risk Grade | — |
Return Grade | — |
Turnover | — |
WhiteOak Capital Balanced Advantage Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
WhiteOak Capital Balanced Advtg Fund Dir | — | 0.43 | 2.73 | 8.84 | — | — | — | — | — | — |
VR Balanced TRI* | — | 1 | 3.24 | 9.91 | — | — | — | — | — | — |
Hybrid: Dynamic Asset Allocation* | — | 0.57 | 2.95 | 8.19 | — | — | — | — | — | — |
Rank within category* | — | 25 | 15 | 7 | — | — | — | — | — | — |
Number of funds in category* | 30 | 32 | 32 | 31 | 30 | 28 | 23 | 17 | 12 | 6 |
WhiteOak Capital Balanced Advantage Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
WhiteOak Capital Balanced Advtg Fund Dir | Unrated | — | — | — | 0.71 | 401 | 7.57 | 1.00 (30) | 0yrs 4mo | — |
HDFC Balanced Advtg Dir | 4 star | 26.85 | 28.15 | 15.24 | 0.86 | 55,605 | 14.69 | 1.00 (365) | 10yrs 6mo | 15.19 |
ICICI Pru Balanced Advtg Dir | 5 star | 14.37 | 17.09 | 11.49 | 0.95 | 46,534 | 12.74 | 1.00 (365) | 10yrs 6mo | 20.00 |
Kotak Balanced Advtg Dir | 4 star | 16.97 | 15.29 | — | 0.49 | 14,690 | 11.31 | 1.00 (365) | 4yrs 11mo | 285.93 |
Edelweiss Balanced Advtg Dir | 4 star | 17.68 | 18.34 | 13.01 | 0.50 | 9,078 | 12.46 | 1.00 (90) | 10yrs 6mo | 75.00 |
Portfolio Analysis
No. of Stocks | 74 |
Top 10 Holdings | 36.64% |
Top 5 Stocks | 22.70% |
Top 3 Sectors | 29.18% |
Portfolio P/B Ratio | 4.30 |
Portfolio P/E Ratio | 28.70 |
Avg Credit Rating | AAA |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 1,60,969 | 2,03,795 |
Giant (%) | 60.47 | 61.40 |
Large (%) | 18.41 | 19.09 |
Mid (%) | 15.94 | 15.51 |
Small (%) | 5.18 | 5.97 |
Tiny (%) | — | 0.02 |
Fund | Category | |
Number of Securities | 100 | 108 |
Modified Duration (yrs) | 0.99 | 2.22 |
Average Maturity (yrs) | 1.13 | 3.49 |
Yield to Maturity (%) | 7.06 | 7.17 |
Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For WhiteOak Capital Balanced Advantage Fund
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://mf.whiteoakamc.com/our-funds
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