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WhiteOak Capital Mutual Fund has launched 'WhiteOak Capital Multi Asset Allocation Fund'.
The fund will invest across four asset classes – equity, debt, gold and foreign equities.
In a press release, Aashish Somaiyaa, CEO, WhiteOak Capital MF said, "Our fund managers will perform not only security selection but also multi-asset portfolio construction in creating a portfolio to achieve reasonable returns with moderate volatility over the long term."
Prateek Pant, CBO, WhiteOak Capital Mutual Fund said, "Each asset class performs differently during various market cycles. A judicious mix of these asset classes helps in reducing portfolio volatility and generating reasonable returns over longer time periods."
