NFO review: WhiteOak Capital Balanced Hybrid Fund

WhiteOak Capital Mutual Fund , a relatively new player in the Indian mutual fund industry, has introduced its latest offering, WhiteOak Capital Balanced Hybrid Fund , which is open for subscription from October 5, 2023, until October 19, 2023. NFO snapshot Fund name WhiteOak Capital Balanced Hybrid Fund SEBI category Hybrid: Balanced Hybrid NFO period October 5, 2023 to October 19, 2023 Where will the scheme invest 40-60 per cent in equity 40-60 per cent in fixed-income Benchmark CRISIL Hybrid 50+50- Moderate Index Fund manager Ramesh Mantri (Equity), Trupti Agrawal (Assistant Fund Manager), Piyush Baranwal (Debt), Shariq Merchant (Overseas Investments) Exit load 1.00% (of applicable NAV) if units are redeemed / switched-out within 1 month from the date of allotment. Nil thereafter Tax treatment Enjoys indexation benefit. If sold after 3 years: Gain