White Oak India Pioneers Equity Portfolio is a long-only balanced investment approach of select companies agnostic to benchmark S&P BSE 500, which seeks to generate alpha through bottom-up stock selection, based on intensive fundamental research and a proprietary rigorous analytical framework.


Investment Objective and Strategy

The objective of the strategy is to achieve long term capital appreciation by primarily investing in ‘listed securities’ 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
September 27, 2018
Investment
Approach
Bottom-up
Investment
Style
Style Agnostic
Market Cap
All 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: 29th February 2024

Performance (%) Feb 2024 2023 2022 2021 2020 2019 Inception CAGR Inception
Absolute
Portfolio 2.0 22.0 -6.6 34.4 34.9 13.3 18.3 148.4
S&P BSE 500 TRI 1.7 26.5 4.8 31.6 18.4 9.0 16.9 133.0
Outperformance (bps) +34 -459 -1137 +281 +1651 +434 +138 +1530
Other Indices
S&P BSE 100 LargeCap 2.2 21.6 5.5 26.9 16.6 11.8 15.4 117.4
S&P BSE 150 MidCap 0.6 42.4 3.6 48.6 26.3 0.9 22.3 198.2
S&P BSE 250 SmallCap -0.7 47.3 -1.0 59.1 27.9 -8.4 21.3 184.8

Inception Date: 27 September 2018. All indices are Net Total Return in INR. Performance shown since 27 September 2018 as client monies were managed from this date. Performance is net of all fees and expenses. 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

Sector Exposure

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

GICS Sector Weights

15.6%
16
11.0%
78
Consumer Disc
11.0%
6
10.7%
30
Information Tech
26.8%
18
27.7%
85
Financials
17.2%
17
10.7%
84
Industrials
7.7%
7
9.0%
90
Materials
0.0%
9.0%
11
Energy
0.0%
4.5%
18
Utilities
10.2%
12
5.8%
47
Health Care
6.2%
4
7.7%
33
Consumer
Staples
3.2%
3
2.7%
14
Comm Services
1.4%
2
1.2%
11
Real Estate
Portfolio
S&P BSE 500

The number inside the bars denote the number of companies in each classification

Market cap classification

57.0%
34
73.7%
100
Large Cap
20.1%
19
17.1%
145
Mid Cap
22.1%
33
9.2%
256
Small Cap
Portfolio
S&P BSE 500

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-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 measures the investment manager’s ability to select securities within a given sector relative to a benchmark. A positive selection effect occurs when the portfolio return from a particular sector is greater than the benchmark return from the same sector.

Allocation Effect : The allocation effect measures an investment manager’s ability to effectively allocate their portfolio’s assets to various sectors. The allocation effect determines whether the overweighting or underweighting of sectors relative to a benchmark contributes positively or negatively to the overall portfolio return



  Portfolio Benchmark Attribution
  Avg Wt Tot Return Avg Wt Tot Return Selection Effect Allocation Effect Top Return
Comm Services 2.6 153.7 2.7 105.6 0.5 -1.0 -0.4
Cons Disc. 13.3 132.8 9.0 141.2 -2.2 2.0 -0.2
Cons Staples 7.8 127.2 9.0 86.3 4.3 -1.1 3.2
Energy 0.0 0.0 9.4 154.8 0.0 -2.8 -2.8
Financials 31.8 133.9 31.3 89.7 17.3 -0.2 17.2
Health Care 10.6 325.3 5.4 139.7 13.3 13.9 27.2
Industrials 8.4 191.0 7.5 224.2 -6.2 2.1 -4.1
Information Tech 14.3 262.7 11.8 153.7 161.8 2.6 18.7
Materials 8.0 248.0 9.6 146.7 0.6 0.1 0.7
Real Estate 0.8 312.0 0.7 295.8 0.6 0.1 0.7
Utilities 0.0 0.0 3.5 271.5 0.0 -5.5 -5.5
Cash/Fut/Other 2.3 0.0 0.0 0.0 - - -8.4
Total 100.0 178.6 100.0 132.9 44.4 1.3 45.7

Factset’s Attribution Analysis: Based on GICS Classification and 2 Factor Brinson Attribution. 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