WhiteOak Capital MF launches its Multi Asset Allocation Fund

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."