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 top 200 ‘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.


Terms at a Glance

Benchmark
S&P BSE 200 TR
Inception
Date
January 22, 2021
Investment
Approach
Bottom-up
Investment
Style
Style Agnostic
Market
Cap
Large & Mid Cap
Estimated
Holdings
30 – 50
Investment
Horizon
Medium to Long Term

Portfolio 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: January 31st, 2023

Portfolio Performance Jan 2023 2022 Part 2021 Inception CAGR Inception Cumulative
Portfolio -3.2 -6.1 28.8 8.0 16.9
S&P BSE 200 TRI -3.5 5.7 25.4 12.9 27.8
Outperformance (bps) +26 -1181 +341 -486 -1089
Other Indices
S&P BSE 100 LargeCap -3.7 5.5 23.4 11.8 25.4
S&P BSE 150 MidCap -2.1 3.6 42.8 20.1 44.9
S&P BSE 250 SmallCap -2.2 -1.0 54.6 22.1 49.8

Performance is calculated basis time weighted rate of return method net of all fees and expenses; Individual client performance may differ. Past performance is not indicative of future results. Performance shown since January 22, 2021, 2019, as client monies were managed from this date. Performance related information provided herein is not verified by SEBI. All returns and % changes are in INR terms unless otherwise stated. Returns for 1 year and less than 1 year are absolute returns, while more than 1 year are CAGR

Market cap classification
69.0%
21
86.6%
99
Large Cap
24.3%
17
13.4%
102
Mid Cap
2.3%
3
0.0%
0
Small Cap
Portfolio
S&P BSE 200

Classification as per Securities and Exchange Board of India (SEBI) guidelines for Mutual Funds.

Sector Exposure

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

14.3%
8
8.5%
3
Consumer Disc
11.7%
4
11.5%
13
Information Tech
34.4%
10
32.8%
42
Financials
11.0%
6
6.8%
21
Industrials
8.3%
5
8.6%
26
Materials
0.0%
10.1%
8
Energy
0.0%
4.9%
13
Utilities
7.2%
5
4.6%
20
Health Care
6.5%
1
9.0%
17
Consumer
Staples
1.0%
1
2.7%
6
Comm Services
1.1%
1
0.6%
4
Real Estate
Portfolio
S&P BSE 200

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

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 0.8 -25.9 2.8 12.4 -0.4 0.2 -0.2
Consumer Disc 12.0 26.7 7.9 28.7 -0.8 0.5 -0.3
Consumer Stp 0.8 12.2 8.5 32.3 -1.7 -0.2 -1.9
Energy 0.0 0.0 10.2 19.3 0.0 0.6 0.6
Financials 33.9 24.5 32.1 19.7 1.8 -0.9 1.0
Health Care 8.8 19.0 5.0 5.0 1.6 -1.1 0.5
Industrials 5.7 26.3 6.2 65.7 -1.5 -0.4 -1.9
Information Tech 16.0 43.8 13.3 14.8 5.4 -0.9 4.6
Materials 9.6 -7.0 9.2 41.2 -4.1 -0.4 -4.4
Real Estate 0.9 79.5 0.5 14.7 0.5 0.0 0.5
Utilities 0.0 0.0 4.4 92.1 0.0 -2.1 -2.1
Cash/Fut/Other 4.3 0.0 0.0 0.0 - - 0.5
Total 100.0 22.9 100.0 26.0 0.9 -4.0 -3.1

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