White Oak India Business Leaders PMS is a long-only balanced investment approach of select companies agnostic to benchmark S&P BSE 200; which seeks to generate alpha through bottom-up stock selection, based on intensive fundamental research and a proprietary rigorous analytical framework.


Investment Objective

The objective of the strategy is to achieve long term capital appreciation by primarily investing in Business Leaders ‘listed securities’ by market capitalization in India. The investment strategy is long only with a bottom-up stock selection approach. The investment philosophy is, that outsized returns are earned over time by investing in great businesses at attractive values. A great business, in our view, is one that is well managed, scalable, and generates superior returns on incremental capital. Valuation is attractive when the current market price is at a substantial discount to intrinsic value.


Investment Approach Details

Benchmark
S&P BSE 500 TRI
Inception
Date
January 22, 2021
Investment
Approach
Bottom-up
Investment
Style
Style Agnostic
Market
Cap
Large & Mid Cap
Investment
Horizon
Medium to Long Term

Investment Approach Performance

Our investment team has a strong performance-first culture with an objective of generating sustained capital appreciation through strong returns over time.

Performance as on: May July 31st, 2023

Performance(%) July 2023 YTD 2023 2022 2021 Inception CAGR Inception Absolute
Portfolio 2.1 10.2 -6.1 28.8 12.0 33.2
S&P BSE 500 TRI 3.9 11.0 4.8 27.8 17.0 48.6
Outperformance (bps) -188 -83 -1,090 +98 -498 -1545
Other Indices
S&P BSE 200 TRI 10.0 3.6 5.7 25.4 16.1 45.7
S&P BSE 100 LargeCap 8.5 3.2 5.5 23.4 14.7 41.2
S&P BSE 150 MidCap 18.7 5.9 3.6 42.8 25.1 75.8
S&P BSE 250 SmallCap 21.7 7.6 -1.0 54.6 28.0 86.2

Inception Date: 22 January 2021. All indices are Net Total Return in INR. Performance is net of all fees and expenses (including taxes). Performance shown since 22 January 2021 as client monies were managed from this date. Performance related information provided herein is not verified by SEBI. Past performance is not a reliable indicator of future results. Please note that performance of your portfolio may vary from that of other investors and that generated by the Investment Approach across all investors because of 1) the timing of inflows and outflows of funds; and 2) differences in the portfolio composition because of restrictions and other constraints. Performance relative to other Portfolio Managers within the selected Strategy : Click Here. Based on SEBI and APMI guidelines, the Benchmark of the Portfolio Approach is changed from S&P BSE 200 to S&P BSE 500 TRI w.e.f. April 1, 2023. CAGR : Compound Annual Growth Rate

Market cap classification
65.6%
23
76.1%
99
Large Cap
26.1%
16
15.8%
148
Mid Cap
4.2%
4
8.1%
254
Small Cap
Portfolio
S&P BSE 200

Classification as per Securities and Exchange Board of India (SEBI) guidelines for Mutual Funds. Additional information on the classification methodology is available upon request.

Sector Exposure

At White Oak Capital, the sectoral weights are an outcome of our bottom-up stock selection process.

14.7%
8
10.0%
81
Consumer Disc
7.6%
3
10.2%
28
Information Tech
36.1%
11
30.7%
84
Financials
12.1%
8
9.1%
81
Industrials
5.4%
4
9.8%
91
Materials
0.0%
8.6%
11
Energy
0.0%
3.4%
18
Utilities
9.3%
5.5
5.5%
47
Health Care
6.6%
1
9.1%
34
Consumer
Staples
3.0%
1
2.7%
14
Comm Services
1.2%
1
1.0%
12
Real Estate
Portfolio
S&P BSE 200

Sector-wise Attribution Since Inception (%)

Attribution analysis is an evaluation tool used to explain sources of excess returns from a fund manager’s active investment decisions against a benchmark.

Selection Effect : The selection effect refers to the impact of the selection of specific stocks within a segment on the portfolio’s overall return. A positive selection effect occurs when the portfolio return from a particular segment is greater than the benchmark return from the same segment.

Allocation Effect : The allocation effect refers to the returns generated by allocating portfolio weights to specific segments, sectors, or industries. Positive/Negative allocation occurs when the portfolio is overweighted in a segment that outperforms/underperforms the overall benchmark and underweighted in a segment that underperforms/outperforms the overall benchmark.



  Portfolio Benchmark Attribution
  Avg Wt Tot Return Avg Wt Tot Return Selection Effect Allocation Effect Top Return
Comm Services 0.9 -7.2 2.8 27.7 -0.4 0.4 0.0
Consumer Disc 12.5 46.4 8.7 57.7 -1.9 0.8 -1.1
Consumer Stp 7.8 33.8 8.3 56.7 -1.9 -0.4 -2.2
Energy 0.0 0.0 9.2 41.4 0.0 0.4 0.4
Financials 34.3 47.5 30.5 37.2 3.7 -1.4 2.3
Health Care 8.5 48.6 5.4 28.7 1.9 -0.8 4.5
Industrials 7.0 58.9 7.6 104.3 -1.9 -0.4 -2.3
Information Tech 14.7 41.2 12.4 17.8 5.2 -0.8 4.5
Materials 8.9 0.3 10.4 64.7 -5.5 -0.6 -6.1
Real Estate 0.9 127.0 0.8 75.5 0.4 0.1 0.4
Utilities 0.0 0.0 4.0 90.2 0.0 -1.4 -1.4
Cash/Fut/Other 4.5 0.0 0.0 0.0 - - 0.2
Total 100.0 42.1 100.0 46.6 -0.3 -4.3 -4.5

Factset’s Attribution Analysis: GICS Classification. Performance is gross of fees, taxes and expenses. Performance related information provided herein is not verified by SEBI

By entering your details, you hereby authorize White Oak Capital Management Ltd. to contact you, which will override any NDNC registration made by you.

Investments of INR 50 lakh and above are required
Investment of INR 1 crore and above are required

By entering your details, you hereby authorize White Oak Capital Management Ltd. to contact you, which will override any NDNC registration made by you.

Registered Office

Cnergy, B2/B3, 6th Floor, Appasaheb Marathe
Marg, Prabhadevi, Mumbai, Maharashtra 400025.

Contact Us
To start a new Investment directly with us
Write to us at - [email protected]
Call us at - +91 8097 4368 49
For queries on existing investments
PMS – [email protected]
AIF – [email protected]
To share Grievances
[email protected]
Contact
Information

Cnergy, B2/B3, 6th Floor, Appasaheb Marathe
Marg, Prabhadevi, Mumbai, Maharashtra 400025.

Phone : +91-22- 62308100

For complaint/grievance
[email protected]
Information
Request