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WhiteOak Capital Mutual Fund has launched ‘WhiteOak Capital Banking & Financial Services Fund’ and ‘WhiteOak Capital Pharma and Healthcare Fund’.
WhiteOak Capital Banking & Financial Services Fund will invest predominantly in banks, NBFCs and companies engaged in the broader financial services sector like insurance companies, asset management companies, capital market intermediaries, market infrastructure, fintech while the WhiteOak Capital Pharma and Healthcare Fund will invest in pharma and healthcare companies.
In the press release, Aashish P Somaiyaa, CEO, WhiteOak Capital MF said, “These themes have potential for wealth creation over the long term but even at this juncture, for participating in equities at current levels, these themes provide margin of safety and potential for absolute as well as relative performance.”
Prateek Pant, CBO, WhiteOak Capital MF added, “Both these thematic offerings represent a fundamental view of an investment or market trend based on a deep analysis of macroeconomic, demographic, technological, or other fundamental factors that are expected to shape the market over an extended period.”