WhiteOak Capital Banking & Financial Services Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV: ₹ 10.33 as on 02-05-2024
About the Fund
WhiteOak Capital Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 6 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- WhiteOak Capital Banking & Financial Services Fund Direct Growth has ₹139 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Fund Performance
263 people have invested ₹ 18.6L in WhiteOak Capital Banking & Financial Services Fund Direct Growth in the last three months
Overview
 | 0.61% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹139 Cr |
 | 6 February, 2024 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
WhiteOak Capital Banking & Financial Services Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
60.1%
Small cap
23.3%
Mid cap
10.7%
Sector Allocation
Financial Services
91.7%
Tech
4.5%
Health
2.6%
Industrial
1.2%
Top Holdings of WhiteOak Capital Banking & Financial Services Fund Direct Growth as on (30-Apr-24)
Equity Holdings30
Debt Holdings2
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 11.3% |
 ICICI Bank Ltd | 6.4% |
 HDFC Bank Ltd | 2.7% |
Peer Analysis
WhiteOak Capital Banking & Financial Services Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 2.86% since inception (06nd Feb 2024)
Fund Allocations
This fund has an allocation of 96.02% in Equity, 0% in Debt and 3.98% in Cash related instruments
AUM size ₹139 Cr
This fund has AUM of ₹139 Cr which is less than its category average of ₹ 1553 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.41%
Frequently Asked Questions
The current NAV of WhiteOak Capital Banking & Financial Services Fund Direct Growth is ₹10.33 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
WhiteOak Capital Banking & Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.51% | 4.51% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
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.
0.61% as on April 2024
₹139 Cr as on April 2024
ICICI Bank Ltd(20.66%), HDFC Bank Ltd(17.02%), Bajaj Finserv Ltd(5.79%), Kotak Mahindra Bank Ltd(5.41%), Cholamandalam Financial Holdings Ltd(4%) as on April 2024
Financial Services(88.1%), Tech(4.28%), Health(2.49%) as on April 2024
The alpha ratio for the WhiteOak Capital Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
WhiteOak Capital Banking & Financial Services Fund Direct Growth | - | - | - |
As on April 2024
The alpha for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX 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 Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
WhiteOak Capital Banking & Financial Services Fund Direct Growth | - | - | - |
As on April 2024
The Beta for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX 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 Banking & Financial Services 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 Banking & Financial Services Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for WhiteOak Capital Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX 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 Banking & Financial Services 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 Banking & Financial Services Fund Direct Growth | - | - | - |
As on April 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.
The Exit load of WhiteOak Capital Banking & Financial Services Fund Direct Growth is 1%