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WhiteOak Capital Mutual Fund has launched ‘WhiteOak Capital Mid Cap Fund’ and ‘WhiteOak Capital Tax Saver Fund’.
These are open-ended equity schemes, with the mid cap fund predominantly seeking to invest in mid-cap stocks and the tax saver fund investing in companies across market caps for broader diversification.
Ramesh Mantri for Equity, Piyush Baranwal for Debt, and Trupti Agrawal for overseas investments will co-manage both the schemes.
In a press release, Aashish Somaiyaa, CEO, WhiteOak Capital Mutual Fund said, “Our priority is to put a basic product range in place and parallelly build our geographic presence and distribution relationships. The track record we build and the relationships we nurture in the next 2-3 years will ultimately result in scale; scale that would have been achieved in a process-oriented and disciplined fashion.”
Ramesh Mantri, CIO, WhiteOak Capital Mutual Fund said, “The mid and smallcap segment is relatively under-researched and highly fertile for alpha generation due to greater inefficiencies that exist in this area. Mid and small cap companies operating across sectors are bigger beneficiaries of the government’s transformational move towards more compliant, high governance, organized and transparent way of operating businesses.”
