A Fund You Likely Haven't Heard Of - Here's Why WhiteOak MF's Performance Demands Your Attention.
- Kiran S N
- May 17
- 2 min read
Highest one-year return among multi-asset funds in India (March 2025)
In the bustling arena of Indian mutual funds, a relatively new name has been quietly going under the radar: WhiteOak Mutual Fund. The moniker itself, 'White Oak,' is intriguing. While the specific origin story isn't widely publicized, the name evokes a sense of strength, stability, and perhaps a fresh, clear perspective – qualities one hopes for in an investment management firm.
About AMC
Behind WhiteOak AMC (Asset Management Company) is Mr. Prashant Khemka, a seasoned investment professional who founded the firm in June 2017. His vision was to build a performance-driven organization anchored by a robust investment culture. This focus seems to be resonating, as WhiteOak has attracted significant Foreign Portfolio Investment inflows into India over the past three years, establishing its presence across India, Singapore, Mauritius, the United Kingdom, and Switzerland. Impressively, the WhiteOak group entities manage a combined Assets Under Management (AUM) of ₹8794.84 Crore as of March 31, 2024, catering to a global clientele spanning sovereign wealth funds, pension plans, endowments, individuals, and family offices.
What's particularly catching the eye of investors now is the early performance of WhiteOak Mutual Fund's schemes. While many of their funds were launched post-2022, making long-term track records unavailable, the one-year returns as of March 2025 paint a compelling picture. It's akin to a fresh new contender stepping into the ring and showing some serious prowess.
Performance
When we stack up these returns against the current dominant players in the market, such as ICICI Prudential, HDFC, and Nippon, WhiteOak's performance stands out. For instance, the WhiteOak Capital Multi Asset Allocation Fund has reportedly delivered the highest one-year return among multi-asset funds in India. While it's crucial to acknowledge that this is based on just one year of data, it's undeniably a promising start. The WhiteOak Capital Pharma and Healthcare Fund, along with other schemes like the WhiteOak Capital Mid Cap Fund and WhiteOak Capital Flexi Cap Fund, have also showcased exceptional one-year returns, often surpassing those of their more established peers.
Portfolio
Further digging into their investment strategy reveals a thoughtful approach to diversification. Notably, almost all of WhiteOak's funds maintain some allocation to Real Estate Investment Trusts (REITs), ranging from a modest sub-1% to nearly 10% in some schemes. This suggests a willingness to explore diverse asset classes to potentially enhance returns and manage risk.
Road Ahead
While it's still early days for WhiteOak Mutual Fund, their initial performance and strategic diversification indicate a potentially significant player in the Indian asset management landscape. The leadership of a seasoned professional like Prashant Khemka and the early success of their schemes suggest that this 'new kid on the block' might be one to watch closely in the years to come. Whether their strong initial showing translates into long-term dominance remains to be seen, but for now, WhiteOak Mutual Fund has certainly sparked interest and offered a compelling alternative in the market.
Want to read more?
Subscribe to finsightsbysquareleague.com to keep reading this exclusive post.
