WhiteOak Capital Digital Bharat

All Cap

Equity

India Growth

Others

Technology

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

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 India Fund Sector - Technology equity fund which captures India's ₹5 trillion digital economy opportunity through a concentrated portfolio of technology leaders, deploying capital across communication services and consumer cyclicals to achieve benchmark-aligned compounding.

CW Expert Research Notes

Benchmark Outperformance

The fund has outperformed its benchmark, the Nifty IT TR INR, in 2 out of the past 12 years, indicating resilient earnings delivery and downside protection characteristics.

Sector Concentration

The fund exhibits a differentiated investment process with a concentrated sector positioning, allocating 42.78% to technology and 25.49% to communication services, reflecting conviction in secular digital transformation trends.

Equity-Focused Portfolio

The fund's asset allocation is heavily tilted towards equities at 99.55%, positioning it as a high-conviction portfolio that could benefit from potential catalysts such as sustained earnings revisions and capex cycles in its key sectors.

Performance and Risk Analysis

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

Fund Performance

4.3% 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

Benchmark Index

Benchmark Performance Comparison

Whiteoak Capital Digital Bharat 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

Standard Deviation25.4%

Maximum Drawdown-26.8% | Jan 2025

Sharpe Ratio-0.28

Beta0.64

Upside Capture92%

Detailed Risks

Market Risk

Potential recession or demand contraction in tech sector could undermine fund's growth thesis.

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

Provides concentrated exposure to India's rapidly digitizing economy. This theme captures businesses enabling and benefiting from the country's digital transformation across sectors like e-commerce, fintech, cloud computing, and digital services. The core mechanism is investing in companies with scalable, asset-light models poised to compound growth as digital adoption accelerates.

Broader Market View

Market Outlook

The global economic recovery remains uneven, with inflationary pressures persisting. Central banks are normalizing monetary policies, creating volatility but also opportunities in certain sectors and asset classes.

Why This Strategy is Attractive Now

This strategy aims to capitalize on structural trends and sector rotations driven by changing economic conditions. A diversified approach may offer resilience amidst market fluctuations and potential for long-term growth.

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

A Quality Growth approach appears well-suited in the current environment, where earnings visibility and pricing power can help mitigate cyclical pressures while valuation discipline may offer downside protection amid elevated market multiples.

High-Level Investment Process

Sourcing: The strategy appears to source investment ideas from across the market capitalization spectrum, with a focus on companies demonstrating sustainable competitive advantages, strong management teams, and attractive growth runways. Selection: The selection process likely emphasizes qualitative and quantitative assessments of business quality, evaluating factors such as market positioning, profitability trends, balance sheet strength, and valuation metrics relative to growth prospects. Construction: Portfolio construction appears aimed at balancing risk exposures while maintaining a core of high-conviction holdings, suggesting a preference for prudent diversification and active risk management.

Portfolio Holdings Overview

SectoralAllocation

Consumers17.37%

Services31.67%

Financial Services7.28%

Capital Goods0.9%

Technology42.78%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Bharti Airtel LtdServices16.73%

Eternal LtdConsumers7.60%

Tech Mahindra LimitedUtilities5.98%

Coforge LtdTechnology5.49%

PB Fintech LtdFinancial Services4.81%

Clearing Corporation Of India LtdUtilities4.43%

Info Edge (India) LtdServices4.16%

Infosys LtdTechnology4.10%

Persistent Systems LtdTechnology3.57%

eClerx Services LtdTechnology3.27%

Fund House Management

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

Fund Manager Track Record

Dheeresh Pathak

Lead 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.

Piyush Baranwal

Co-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.

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

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.

Piyush Baranwal

Co-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.

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

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.

CW Expert Take

WhiteOak Capital Digital Bharat Reg Gr focuses on the technology sector, seeking exposure to India's digital transformation. Their investment philosophy centers on identifying structural growth trends and building concentrated portfolios around high-conviction ideas. The fund house maintains a disciplined approach to risk management while actively positioning for emerging opportunities across market capitalization segments.

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 maintains 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)3.28%

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)