NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹14.30
0.57%
NAV as on 24 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 24 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
44.46%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
25.38%p.a.
Since Inception
About WhiteOak Capital ELSS Tax Saver Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the WhiteOak Capital ELSS Tax Saver Fund Growth scheme from WhiteOak Capital Asset Management Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Oct 2022, WhiteOak Capital ELSS Tax Saver Fund Growth is ELSS (Tax Savings) fund of its category with 192.91 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- WhiteOak Capital ELSS Tax Saver Fund Growth delivered 44.5% annual returns during the last year. It has delivered 25.4% average annual returns since the fund was launched.
- WhiteOak Capital ELSS Tax Saver Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Top 10 Holdings
ICICI Bank Ltd
7.80%
HDFC Bank Ltd
4.36%
Nestle India Ltd
3.25%
Larsen & Toubro Ltd
2.39%
Reliance Industries Ltd
2.31%
Titan Co Ltd
2.18%
Zomato Ltd
2.06%
CG Power & Industrial Solutions Ltd
1.67%
Tata Consultancy Services Ltd
1.61%
ABB India Ltd
1.58%
Fund Managers
- Piyush Baranwal (Oct 2022 - Present)
- Ramesh Mantri (Oct 2022 - Present)
- Trupti Agrawal (Oct 2022 - Present)
- Dheeresh Pathak (Apr 2024 - Present)
- Naitik Shah (Apr 2024 - Present)
Key Information
View Scheme Document
WhiteOak Capital ELSS Tax Saver Fund Growth SIP Calculator
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For a period of
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This Fund
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NRI Mutual Fund Tax on WhiteOak Capital ELSS Tax Saver Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in WhiteOak Capital ELSS Tax Saver Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in WhiteOak Capital ELSS Tax Saver Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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very high risk | elss
28.9%
Mirae Asset ELSS Tax Saver Fund - Plan-Growth
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Frequently Asked Questions
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