WhiteOak Capital Balanced Advantage Fund (an Open-ended Dynamic Asset Allocation Fund) NFO has been in the market for investors. The fund aims to enter into the market and provide investors long/medium term capital appreciation.
Scheme Type : Open ended dynamic asset allocation fund.
NFO Period : 20th Jan – 3rd Feb, 2023.
Investment Objective : The scheme is suitable for investors seeking long / medium term capital appreciation & Income Generation and are looking for dynamically managed portfolio of Equity & Equity-related instruments, Debt & Money Market securities.
Asset Allocation Pattern :
- Equity & Equity Related Instruments: 0%-100% (Risk Profile – Very High).
- Debt Securities (including securitized debt) and Money Market Instruments, cash, and cash equivalent and/or units of domestic liquid mutual fund schemes: 0%-100% (Risk Profile – Low to Medium)
Plans : Regular Plan & Direct Plan
Options : Growth Option
Minimum Investment : Rs. 500 and in multiples of Re.1 thereafter.
Minimum Additional Investment : Rs. 500 and in multiples of Re.1 thereafter.
Minimum Redemption : Rs. 500/- and in multiples of Rs. 0.01/- or account balance, whichever is lower.
Load Structure :
- Entry Load: Not applicable.
- Exit Load: 1.00% (of applicable NAV) if units are redeemed / switched-out within 1 month from the date of allotment, Nil thereafter.
Risk-o-meter : Very high.
Disclaimer : Mutual Fund investments are subject to market risk, please read all the scheme related documents carefully.