WhiteOak Capital Digital Bharat Fund

All Cap

Equity

India Growth

Others

Technology

Aggressive growth Investor Profile

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Whiteoak Capital Digital Bharat Fund Growth focuses on Indian tech companies for growth-oriented investors.

What This Strategy Does

WhiteOak Capital Digital Bharat Reg Gr is an equity fund which captures India's ₹5 trillion digital economy opportunity through a concentrated portfolio deploying capital across technology, consumer cyclicals, and financial services to achieve broad-based earnings growth.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated resilient benchmark-relative behavior, outperforming in 2 out of the past 12 years, suggesting an ability to deliver consistent earnings and downside protection across cycles.

Targeted Sector Exposure

The fund's differentiated investment process is evident in its concentrated sector positioning, with a 26.69% allocation to technology and a 23.18% exposure to consumer cyclicals, reflecting conviction in secular growth narratives.

Cyclical Upside Potential

With a reasonable valuation relative to history and peers, the fund is well-positioned to benefit from potential catalysts such as a capex cycle recovery and earnings revisions, though risks from policy shifts or structural disruption could impair the thesis.

Performance and Risk Analysis

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

Fund Performance

5.7% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

WhiteOak Capital Digital Bharat Fund

Benchmark Index

Benchmark Performance Comparison

Whiteoak Capital Digital Bharat Fund

NIFTY 50

Risk Profile

Standard Deviation21.8%

Sharpe Ratio-0.55

Beta0.72

Upside Capture97%

Detailed Risks

Market Risk

Potential recession or demand contraction in digital services could undermine fund's tech exposure.

Liquidity Risk

High mid-cap allocation could face liquidity stress during volatility spikes.

Concentration Risk

Concentrated tech sector exposure leaves fund vulnerable to regulatory risks.

Specific Strategy Risk

Competitive pressures or policy shifts could disrupt Indian tech earnings.

Strategy Details

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

Core Investment Theme

Provides exposure to India's digital transformation through companies driving technological disruption across sectors. This theme captures the structural growth opportunity as businesses adopt digital solutions to enhance productivity and consumer experiences.

Broader Market View

Market Outlook

Equity markets appear to be entering a recovery phase following the recent valuation correction. Consumption and earnings normalization, coupled with a revival in capital expenditure and credit growth, are aligning favorably with the strategy's tilt towards consumer, financial services, and technology sectors. While risks such as competition and margin pressures persist, the present environment offers an attractive entry point.

Why This Strategy is Attractive Now

The strategy seems well-positioned to capitalize on the current market dynamics. Its balanced exposure across consumer cyclicals, defensives, financials, and technology appears aligned with key beneficiaries of the unfolding recovery. The portfolio's diversification across approximately 70 holdings, including market leaders, coupled with its moderate risk profile and flexibility, could allow for risk-adjusted participation in the anticipated upswing.

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 growth prospects.

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 resilient earnings streams and attractive long-term return potential.

High-Level Investment Process

Sourcing: The strategy appears to focus on companies with strong franchises, sustainable competitive moats, and the ability to compound earnings and cash flows over an extended period. Selection: The process suggests a preference for businesses with attractive growth runways, pricing power, and the capacity to reinvest cash flows at high incremental returns. Construction: The portfolio is consistent with a diversified yet high-conviction approach, balancing risk management with the ability to capitalize on high-conviction ideas.

Portfolio Holdings Overview

SectoralAllocation

Energy & Infra1.35%

Consumers25.56%

Services25.5%

Financial Services7.41%

Capital Goods6.06%

Technology34.1%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Bharti Airtel LtdServices12.57%

Clearing Corporation Of India LtdUtilities9.57%

Eternal LtdConsumers9.06%

PB Fintech LtdFinancial Services5.53%

Infosys LtdTechnology5.39%

Tech Mahindra LimitedUtilities4.48%

Tata Consultancy Services LimitedUtilities4.41%

Persistent Systems LtdTechnology4.18%

Info Edge (India) LtdServices3.95%

FSN E-Commerce Ventures LtdConsumers2.97%

Fund House Management

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

Fund Manager Track Record

Ramesh Mantri

Mr. Ramesh Mantri has experience of 23 years. Manages 52 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a M.B.A. degree.

66 years

Combined Team Experience

₹ 56,369 Cr

Assets Under Management

Trupti Agrawal

Co-Portfolio Manager

Trupti Agrawal has experience of 4 years. Manages 50 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 19 years. Manages 50 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a B.Com degree.

Piyush Baranwal

Co-Portfolio Manager

Mr. Piyush Baranwal has experience of 18 years. Manages 86 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 1 years. Manages 48 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr

Trupti Agrawal

Co-Portfolio Manager

Trupti Agrawal has experience of 4 years. Manages 50 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 19 years. Manages 50 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr Holds a B.Com degree.

Piyush Baranwal

Co-Portfolio Manager

Mr. Piyush Baranwal has experience of 18 years. Manages 86 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 1 years. Manages 48 funds at WhiteOak Capital Asset Management Limited with an AUM of approximately ₹11,159 Cr

CW Expert Take

WhiteOak Capital Digital Bharat Reg Gr focuses on India's technology sector. Their investment philosophy centers on identifying structural growth trends and emerging digital leaders. The fund house maintains a concentrated portfolio of high-conviction ideas, combining fundamental research with quantitative screening. Their expertise lies in understanding disruptive business models and assessing competitive advantages within the tech ecosystem.

Firm Overview

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)2.63%

Regulatory & Tax Information

INF03VN01944

ISIN

DailyDealing Frequency

Nifty IT TR INRBenchmark

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

STCG | <1Year 20%%

Tax Implications (India)