The new fund house in the market WhiteOak Capital Mutual Fund has launched its yet another fund. This time it’s the NFO of White Oak Capital MidCap Fund. Key highlights of the NFO are below:
NFO period: 16th August 2022 – 30th August 2022.
Scheme type: Open ended Mid-cap equity scheme.
Plans available: Regular Plan & Direct Plan.
Scheme Options: Growth, Income Distribution cum Capital Withdrawal (IDCW)-(Payout/Reinvestment).
Objective: Aims to invest and manage diversified portfolio primarily of mid-cap stocks to generate capital appreciation for its investors. Nearly 65% of funds will be invested in midcap securities.
Minimum Investment:
- For lumpsum investment, Minimum Rs. 500/ and in multiples of Re. 1/- thereafter
- For SIP minimum Rs. 500/ and in multiples of Re. 1/- thereafter. For additional purchase in SIP, minimum Rs. 500/.
Entry load: Nil
Exit load: 1% iof NAV if redeemed /switched within one month. No exit terms after one month.
Risk-o-meter: Very High
Note: Mutual fund investments are subject to market risks, read all scheme related documents carefully.