WhiteOak Capital Consumption Opps

All Cap

Consumption

Equity

India Super Value

Others

Emotionally driven

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

An actively managed equity fund focused on investing in businesses poised to benefit from India’s growing consumption demand, rising incomes, and evolving consumer preferences.

What This Strategy Does

WhiteOak Capital Consumption Opps Reg Gr is an equity fund which captures India's ₹45 trillion consumption opportunity through a concentrated portfolio investing across consumer cyclicals, defensives, and financials to achieve broad-based earnings growth.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated benchmark-relative outperformance across market cycles, delivering earnings upside and downside protection.

Concentrated Consumer Exposure

The strategy's differentiated process results in a concentrated portfolio overweight consumer cyclical and defensive sectors, with high conviction in names like Titan Company and Hindustan Unilever.

Cyclical Upside Potential

With a reasonable valuation and exposure to consumer discretionary beneficiaries of rising incomes, the fund could outperform if India's economic recovery accelerates.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

WhiteOak Capital Consumption Opps

Benchmark Index

Benchmark Performance Comparison

Whiteoak Capital Consumption Opportunities Fund

NIFTY 50

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Maximum Drawdown-21.3% | Oct 2024

Upside Capture99%

Detailed Risks

Market Risk

Potential recession or demand contraction could undermine consumption growth thesis, mitigated by defensive positioning.

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Captures India's rising consumption story by investing in companies benefiting from the country's expanding middle class and evolving consumer preferences. This theme provides exposure to businesses capitalizing on higher discretionary spending, lifestyle upgrades, and demographic tailwinds.

Broader Market View

Market Outlook

The global economy faces headwinds from elevated inflation and tighter monetary policies. However, opportunities exist in sectors poised to benefit from secular trends like digitalization and sustainability.

Why This Strategy is Attractive Now

This strategy aims to capitalize on long-term structural growth drivers while mitigating risks through diversification. Its focus on quality companies with sustainable competitive advantages could provide resilience during market volatility.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can offer a compelling combination of resilience and upside participation, balancing defensive attributes with exposure to secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to focus on companies with strong franchises, sustainable competitive moats, and attractive growth runways, sourced through rigorous fundamental research and analysis. Selection: The selection process suggests a preference for businesses with proven execution capabilities, robust cash flow generation, and the ability to compound earnings at an attractive rate over an extended period, while maintaining a disciplined valuation framework. Construction: Portfolio construction is consistent with a focus on diversification across sectors and market capitalization segments, actively managing risk exposures, and emphasizing conviction-weighted positions in the highest-conviction ideas.

Portfolio Holdings Overview

SectoralAllocation

Consumers68.15%

Capital Goods9.27%

Financial Services1.5%

Services17.93%

Energy & Infra3.14%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Bharti Airtel LtdServices7.76%

Nestle India LtdConsumers7.60%

Eternal LtdConsumers7.52%

Mahindra & Mahindra LtdConsumers6.40%

Titan Co LtdConsumers4.89%

Clearing Corporation Of India LtdUtilities4.51%

Timex Group India LtdConsumers3.52%

Maruti Suzuki India LtdConsumers3.36%

Nexus Select Trust ReitsEnergy & Infra2.92%

Marico LtdConsumers2.84%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Piyush Baranwal

Lead Portfolio Manager

Mr. Piyush Baranwal has experience of 19 years. Manages 92 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,733 Cr Holds a PGDBM degree.

Ashish Agrawal

Co-Portfolio Manager

Ashish Agrawal has experience of 2 years. Manages 56 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr

Dheeresh Pathak

Co-Portfolio Manager

Mr. Dheeresh Pathak has experience of 20 years. Manages 56 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a B.Com degree.

Ramesh Mantri

Co-Portfolio Manager

Mr. Ramesh Mantri has experience of 24 years. Manages 58 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a M.B.A. degree.

Trupti Agrawal

Co-Portfolio Manager

Trupti Agrawal has experience of 4 years. Manages 56 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr

Ashish Agrawal

Co-Portfolio Manager

Ashish Agrawal has experience of 2 years. Manages 56 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr

Dheeresh Pathak

Co-Portfolio Manager

Mr. Dheeresh Pathak has experience of 20 years. Manages 56 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a B.Com degree.

Ramesh Mantri

Co-Portfolio Manager

Mr. Ramesh Mantri has experience of 24 years. Manages 58 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a M.B.A. degree.

Trupti Agrawal

Co-Portfolio Manager

Trupti Agrawal has experience of 4 years. Manages 56 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr

CW Expert Take

WhiteOak Capital Consumption Opps focuses on identifying secular consumption trends in India. Their investment philosophy centers on bottom-up stock selection, seeking companies benefiting from rising discretionary spending. The fund house maintains a concentrated portfolio of high-conviction ideas across market caps, combining fundamental research with understanding of evolving consumer behavior.

68 years

Combined Team Experience

₹ 56,369 Cr

Assets Under Management

Firm Overview

AMCWhiteOak Capital Asset Management Limited

Total AUM₹29,798.08 Cr

Investment Philosophy & Approach

Disciplined Approach

WhiteOak Capital follows a disciplined investment approach focused on rigorous research.

Long-Term Perspective

The fund house adopts a long-term perspective in capital allocation decisions.

Risk Management

Risk management is an integral part of the investment decision process.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)2.77%

Regulatory & Tax Information

INF03VN01AE1

ISIN

DailyDealing Frequency

BSE 500 India TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)