MUTUAL FUNDS
White Oak Capital Mutual Fund files offer document for Quality Equity Fund
Sep-17-2024
White Oak Capital Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘WOC Quality Equity Fund'. The New Fund Offer price is Rs 10. Exit load will be nil and entry load in respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment; No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against Nifty 500 TRI. The minimum application amount is Rs 500 and in multiples of Re 1 thereafter.

The investment objective of the scheme to provide long term capital appreciation by constructing a diversified investment portfolio predominantly from Nifty 500 Index based on the quality factor theme to provide investors with exposure to companies having strong fundamentals and sustainable competitive advantages, companies which exhibit long term stability as they may lead to more predictable returns, less volatility, strong management and sustainable growth.

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