WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Ultra Short Duration
WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

About the Fund

WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 10 June, 2019. The fund is managed by Piyush Baranwal. This fund is suitable to keep your money safe.

Key Parameters

  1. WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has ₹310 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.81%, 5.87% and 5.35% respectively.

Holdings

WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Power Finance Corporation Limited, HDFC Bank Limited, Punjab National Bank, ICICI Bank Limited

Taxation

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the scheme is to generate reasonable income with low volatility through investment in a portfolio comprising of debt & money market instruments. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 2000.00 and for SIP is INR 2000.00. WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.41%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹310 Cr
Inception Date10 June, 2019
Min Lumpsum/SIP₹2000/₹2000
Exit Load0%
Lock InNo Lock-in
TurnOver
277.31%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
94%

AA
6%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
57.7%
Cash Equivalent
38.6%
Government
3.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
8.55%
0%
Power Finance Corporation Limited
Power Finance Corporation Limited
8.53%
100%
HDFC Bank Limited
HDFC Bank Limited
8.26%
0%
Punjab National Bank
Punjab National Bank
8.16%
0%
ICICI Bank Limited
ICICI Bank Limited
6.71%
0%

Piyush Baranwal
Piyush Baranwal
Fund Manager of WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl, since 10 June 2019

WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.34% since inception which is less than its category average return of 7.17%
AUM size ₹310 Cr

AUM size ₹310 Cr

This fund has AUM of ₹310 Cr which is less than its category average of ₹ 3090 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.63%

Frequently Asked Questions

The current NAV of WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is ₹1001.67 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.63%
0.63%
6 Month Returns
3.88%
3.88%
1 Year Returns
7.81%
7.81%
3 Years Returns
18.65%
5.87%
5 Years Returns
29.74%
5.35%
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.
0.41% as on May 2024
₹310 Cr as on May 2024
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(8.55%), Power Finance Corporation Limited(8.53%), HDFC Bank Limited(8.26%), Punjab National Bank(8.16%), ICICI Bank Limited(6.71%) as on May 2024
Corporate(57.65%), Cash Equivalent(38.62%), Government(3.73%) as on May 2024
Yield to Maturity is 7.43 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.38 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
93.96
AA
6.04
Piyush Baranwal is the fund manager of WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
The Exit load of WhiteOak Capital Ultra Short Duration Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is 0%