WhiteOak Capital ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 10-09-2024
₹ 17.44
1D
Inception Returns
33.4%
/yr
About the Fund
WhiteOak Capital ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 14 October, 2022. The fund is managed by Piyush Baranwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- WhiteOak Capital ELSS Tax Saver Fund Direct Growth has ₹264 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
WhiteOak Capital ELSS Tax Saver Fund Direct Growth has given a CAGR return of 33.36% since inception. Over the last 1 year the fund has given a CAGR return of 41.59%.
Holdings
WhiteOak Capital ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, ICICI Securities Ltd, Zomato Ltd, Nestle India Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of WhiteOak Capital ELSS Tax Saver Fund Direct Growth
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for WhiteOak Capital ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.68% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹264 Cr |
| Inception Date | 14 October, 2022 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 45.14% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (10-Sep-24)
Fund Distribution
as on (31-Jul-24)
- This fund’s returns stands at 4.02% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.48% in Jul'24
- AUM of the fund stands at 246.9 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.35% | 3.7% | |
 ICICI Bank Ltd | 4.21% | 7.2% | |
 ICICI Securities Ltd | 4.01% | 2.5% | |
 Zomato Ltd | 3.02% | 31.1% | |
 Nestle India Ltd | 2.16% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 13.2% |
 ICICI Securities Ltd | 11.6% |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.68%
Frequently Asked Questions
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.33% | 4.33% |
6 Month Returns | 21.51% | 21.51% |
1 Year Returns | 41.59% | 41.59% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 6.8 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 0.87 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 3.03 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 10.29 | - | - |