WhiteOak Capital Banking & Financial Services Fund

WhiteOak Capital Banking & Financial Services Fund is an equity fund. This fund was started on 6 February, 2024. The fund is managed by Trupti Agrawal, Piyush Baranwal, Ashish Agrawal, Ramesh Mantri, Dheeresh Pathak. The fund could potentially beat inflation in the long-run.

1. WhiteOak Capital Banking & Financial Services Fund has ₹569 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
2. The fund has an expense ratio 0.7.
   

WhiteOak Capital Banking & Financial Services Fund has given a CAGR return of 15.60% since inception. Over the last 1 year the fund has given a CAGR return of 20.76%.

WhiteOak Capital Banking & Financial Services Fund has allocated its funds majorly in Financial Services, Cash Equivalent, Government, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd, Bajaj Finserv Ltd

As it is a sector - financial services mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of banks & companies engaged in Financial Services Sector. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. WhiteOak Capital Banking & Financial Services Fund has no lock in period.