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WhiteOak Capital Mutual Fund launches WhiteOak Capital Tax Saver Fund

WhiteOak Capital Mutual Fund launches WhiteOak Capital Tax Saver Fund

NFO period: 16th August - 23rd September, 2022

Highlights of the NFO:

  • Scheme type - An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit

  • Investment objective - To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability - The product is suitable for investors who are seeking long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities. Tax Benefits with a lock-in of 3-years.

  • Minimum Application Amount - First investment is Rs. 500/- and in multiple of Rs. 500/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth option and Payout of Income Distribution cum capital withdrawal option (IDCW Payout option).

  • Fund Managers - Mr. Ramesh Mantri, Mr. Piyush Baranwal and Ms. Trupti Agrawal

  • Benchmark - S&P BSE 500 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)