WhiteOak Capital Consumption Opportunities Fund NFO

By admin
/ January 20, 2026
/ NFO, whatsnew

Consumption Landscape in India

(source: mf.whiteoakamc.com)

Why Consumption Fund?

Source: White Oak, For illustrative purposes only

Historical Long Term Track Record

Consumption Theme vs. Broader Equity Market Index

Performance Since Jan’06 to Dec’25 (% CAGR)
Since Inception of Nifty India Consumption TRI

Nifty India Consumption TRI

14.7%

Nifty 500 TRI (Broader Market)

13.3%

Nifty 50 TRI

13.1%

Annualized Standard Deviation
Since Inception of Nifty India Consumption TRI

Nifty India Consumption TRI

18.7%

Nifty 500 TRI (Broader Market)

20.9%

Nifty 50 TRI

20.3%

Source: MFIE and internal research of WhiteOak Capital. For information purpose only. Returns upto 1 year are absolute and more than 1 year are CAGR. Past performance may or may not be sustained in future and is not a guarantee of any future returns. Index performance does not signify scheme performance. Data as on 31st Dec 2025. Broader Market is represented by Nifty 500 TRI in above table. Data is from 2nd Jan 2006 which is the inception date for Nifty India Consumption TRI Index (i.e. the base date of both the factor indices mentioned above.)

(source: mf.whiteoakamc.com)

Why Invest in: WhiteOak Consumption Opportunities Fund

Consumption Index has a long term track record of Strong Returns with Low Volatility
Catalysts: Shift in government focus from capital expenditure to consumption reflected in:

Social Welfare Schemes Personal Income Tax Cuts

GST Rate cuts Expected Pay Commission Hikes
Strong research capabilities of research team, leveraging on our global experience
- Team covers 180+ companies relevant for this Scheme
- Can leverage the global experience of investing in Consumer Companies
- Growing universe of Consumer Companies through IPOs
Significant focus on discretionary and new age businesses where there has been large value creation globally

For understanding purpose only. Portfolio will be managed as per stated Investment objective, investment strategy & asset allocation in the Scheme Information Document (SID) and is subject to the changes within provisions of SID of the Scheme.

How do we evaluate consumer companies?

The basic framework remains the same; tools, techniques, lens different for different sectors.

Framework

Superior returns on incremental capital

Unit economics, industry characteristics, disciplined expansion, nature of structural competitive advantage

Scalable long term opportunity

Cross country comparisons, assessing drivers for market share shift in favor of organized sector, adjacencies and cross-selling opportunities

Strong execution and governance

Management focus, passionate execution, process orientation, discipline, culture of timely reviews, agility

Lens, Tools,
Techniques

Product brands vs retailers – ownership of the product/pipe/customer? The choices to balance ROIC and growth
Robustness of back-end to support scale; Leverage of infrastructure and corporate set up to target into adjacencies
Economics – Store level break even and paybacks, SSSG trends, full-price sell through rate, customer loyalty and satisfaction metrics , sources of operating leverage, scope for margin expansion, reinvestment discipline

(source: mf.whiteoakamc.com)

Structure & Key Terms

NFO Period

20^thJanuary to 3^rd February 2026
Type of Scheme

An open ended equity scheme following consumption theme.
Investment Objective

To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in consumption and consumption related activities or allied sectors and/or are expected to benefit from the domestic consumption led demand. There is no assurance that the investment objective of the Scheme will be achieved.
Asset Allocation Pattern

Equity & Equity related Instruments of companies engaged in consumption and consumption related activities or allied sectors and/or are expected to benefit from the domestic consumption led demand: 80% – 100%
Equity & Equity related Instruments of companies other than above (including REITS): 0% – 20%
Debt Securities and Money Market Instruments: 0% – 20%
Units issued by InvITs: 0% – 10%
Please refer to the Scheme Information Document for detailed asset allocation.
Plans

Regular Plan & Direct Plan
Options

Growth Option
Minimum Application Amount / Switch-in

For Lumpsum Purchase: Minimum of Rs. 500/- and in multiples of Re. 1/- thereafter
For SIP Purchase: Rs. 100/- for Weekly, Fortnightly & Monthly Frequency, Rs. 500/- for Quarterly SIP (and in multiples of Re. 1/- thereafter),
Min. SIP installments: For weekly, Fortnightly, Monthly installments- 6, For Quarterly installments- 4
Load Structure

Entry Load: Nil.
Exit Load: In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
Fund Manager

Mr. Ramesh Mantri (Equity), Ms. Trupti Agarwal (Assistant FM, Equity), Mr. Dheeresh Pathak (Assistant FM, Equity), Mr. Piyush Baranwal (Debt), Mr. Ashish Agrawal (for Arbitrage Transactions),
Benchmark Index

Nifty India Consumption TRI
Taxation

Short Term Capital Gains (STCG): 20%
Long Term Capital Gains (LTCG): 12.50% (With holding period more than 12 months) Additional Surcharge and Cess will be levied as applicable. LTCG Tax rate and holding period are illustrative and not final. Depending on the acquisition and redemption date the tax rate and period of holding may differ.

(source: mf.whiteoakamc.com)