SaveTaxes while Building Wealth with ELSS Mutual Fund | Invest from ₹500 SIP

WhiteOak Capital ELSS Tax Saver Fund offers tax benefits under Section 80C with potential for long-term wealth creation. Learn about its performance, investment strategy, and how to start investing with minimum ₹500 SIP.

WhiteOak Capital ELSS Tax Saver Fund

Investment Objective and Approach

To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. The fund follows a growth-oriented investment approach, focusing on quality equity stocks with strong fundamentals and long-term growth potential.

This fund has an allocation of 94.92% in Equity, 0% in Debt and 5.08% in Cash related instruments as of March 2025. The investment strategy emphasizes identifying undervalued companies with sustainable competitive advantages and holding them for extended periods to generate superior returns.

The fund benchmarks its performance against the Nifty 500 TRI and aims to outperform through active stock selection across market capitalizations. The investment philosophy centers on fundamental analysis, quality management assessment, and long-term value creation.

Key investment features include:

- 3 years lock-in period which is the lowest compared to other 80C investment options

- Tax benefits up to ₹1.5 lakhs under Section 80C

- Equity taxation benefits for long-term capital gains

- Professional portfolio management with active stock selection

Fund Managers

The fund is managed by a team of experienced professionals led by Piyush Baranwal, Ramesh Mantri, Trupti Agrawal, Dheeresh Pathak.

Piyush Baranwal serves as the Senior Fund Manager and brings extensive expertise to the fund:

- Fixed income professional who has a great track record of managing various fixed income funds in the Indian market for over thirteen years

- Completed PGDBM in Finance from S.P.Jain Institute of Management and Research and CFA

- Holds a B.E. degree in Electronics and Communication from MIT Manipal

- Prior experience with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal PNB AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011)

The fund management team follows a collaborative approach, combining their diverse expertise in equity research, risk management, and portfolio construction to deliver consistent performance.

About the Fund House (AMC)

WhiteOak Capital Asset Management Limited was formerly known as YES Asset Management (India) Limited which was a subsidiary of YES Bank. The fund house was established with a vision to build a strong mutual fund franchise in India.

Key highlights about WhiteOak Capital:

- Total Asset under Management (AUM) of Rs. 9,118.2 Crore as of March 2024

- Total number of 13 investment schemes managed by 6 efficient fund managers

- Founded by Prashant Khemka, the former CIO of Goldman Sachs Asset Management's India Equity and Global Emerging Markets Equity businesses

- The company is led by its CEO Aashish P Somaiyaa

The AMC's philosophy is built on the foundation of 'Experience our Expertise' and focuses on delivering consistent, risk-adjusted returns to investors. The fund house seeks to build a strong Mutual Fund franchise. It aims to provide a wide range of financial products to its investors.

Registered Office: Unit No. B4, 6th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra 400025

Should I Invest in WhiteOak Capital ELSS Tax Saver Fund?

This fund can be a suitable choice for investors looking to combine tax savings with equity market exposure. Here are the key considerations:

Positive factors:

- WhiteOak Capital ELSS Tax Saver Fund Direct Growth has given a CAGR return of 23.30% since inception

- Scheme return performance in last 1 year is 7.96%, is 81.28% since scheme launch

- Low minimum investment requirement with SIP amount to invest in this scheme is ₹500

- Professional management by experienced fund managers

- Tax benefits under Section 80C with only 3-year lock-in period

Key metrics to consider:

- ₹341 Cr worth of assets under management (AUM) as on Mar 2025

- The fund has an expense ratio 0.7 for direct plan, which is reasonable

- Risk-o-meter of WhiteOak Capital ELSS Tax Saver Fund is Very High

The fund is suitable for investors with:

- Long-term investment horizon (minimum 3+ years)

- Higher risk tolerance for equity market volatility

- Need for tax-saving investments under Section 80C

- Belief in India's long-term economic growth story

However, investors should be aware that ELSS funds carry market risks and the 3-year lock-in period means limited liquidity during this period.

FAQs

What is today's NAV of WhiteOak Capital ELSS Tax Saver Fund?

The NAV changes daily based on market movements. You can check the latest NAV on the fund house website or financial platforms like Allvest for real-time updates.

What is the AUM of WhiteOak Capital ELSS Tax Saver Fund?

The fund has ₹341 Cr worth of assets under management (AUM) as on Mar 2025, indicating growing investor interest and confidence.

What is the expense ratio of WhiteOak Capital ELSS Tax Saver Fund?

The fund has an expense ratio 0.7 for the direct plan, which is competitive compared to industry standards for ELSS funds.

What are the returns of WhiteOak Capital ELSS Tax Saver Fund since inception?

WhiteOak Capital ELSS Tax Saver Fund Direct Growth has given a CAGR return of 23.30% since inception, launched in October 2022.

What is the minimum SIP amount to invest in WhiteOak Capital ELSS Tax Saver Fund?

The minimum SIP amount to invest in this scheme is ₹500, making it accessible for small investors to start their tax-saving journey.

How do I invest in WhiteOak Capital ELSS Tax Saver Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing SIP or lumpsum option, and setting up payment instructions. The process is fully digital and hassle-free.

How to start a SIP in WhiteOak Capital ELSS Tax Saver Fund?

Log into Allvest, search for WhiteOak Capital ELSS Tax Saver Fund, select SIP option, choose investment amount (minimum ₹500), set frequency, and complete payment setup through bank mandate or UPI.

How do I automate an SIP in WhiteOak Capital ELSS Tax Saver Fund?

Set up a bank mandate or UPI autopay through Allvest platform, which will automatically deduct the SIP amount on your chosen date each month without manual intervention.

How can I withdraw/redeem my investment in WhiteOak Capital ELSS Tax Saver Fund?

ELSS funds have a mandatory 3-year lock-in period. After completion, you can redeem through Allvest platform by placing a redemption request in the investment section of your account.