WhiteOak Capital Mutual Fund launches large cap fund

WhiteOak Capital Mutual Fund has launched ‘WhiteOak Capital Large Cap Fund’. The NFO will be open from November 10-24. It is an open-ended equity scheme investing predominantly in large -cap stocks. Almost 80% of the allocation will be towards large caps and the fund will be benchmarked against BSE100 TRI.

The fund managers will be Ramesh Mantri for Equity, Piyush Baranwal for Debt, Trupti Agrawal for overseas investments and Equity, Shariq Merchant for Overseas Investments.

According to the fund house, large caps in India are a fraction of their global counterparts in terms of revenues and market cap and present a sizable opportunity as India’s per capita GDP growth is likely to lead to an inflection point across various sectors. In terms of total market capitalization, India is still a few decades behind that of the US and China. There are only three Indian companies among the top 100 companies globally by market cap. With its economy projected to be the third largest over the next decade, India is poised to add a few more names in the list of top 100 global companies.


“After the successful launch of our previous funds i.e. Flexi Cap, Mid Cap and Tax Saver ELSS, we are launching a Large Cap NFO WhiteOak Capital MF intends to fill a vacuum of actively managed funds in India and we will leave no stone unturned to provide best-in-class investment products to retail investors,” said Aashish Somaiyaa, CEO, WhiteOak Capital Mutual Fund.

“At WhiteOak we believe in delivering best in class performance through our cutting edge research supported by a very well-resourced team There are ample active opportunities for alpha generation in the large-cap space through correct sizing and rigorous bottom up stock selection process,” says Ramesh Mantri, CIO, WhiteOak Capital Mutual Fund.