MUTUAL FUNDS
WhiteOak Capital Mutual Fund files offer document for ESG Best-In-Class Strategy Fund
Aug-14-2024

WhiteOak Capital Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘WhiteOak Capital ESG Best-In-Class Strategy Fund'. The New Fund Offer price is Rs 10. Entry load will be nil and exit 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 only and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty 100 ESG TRI. The minimum application amount is Rs 500 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to achieve long-term capital appreciation by investing in the companies identified based on the Environment, Social and Governance (ESG) theme adopting Best in Class Strategy.  


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