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WHITEOAK CAPITAL ULTRA SHORT TERM FUND  

An open ended ultra-short term debt scheme investing in debt and money market instruments such that the Macaulay duration"^" of the portfolio is between 3 - 6 months. A relatively Low Interest Rate Risk and Moderate Credit Risk.

Investment Objective

The investment objective of the scheme is to generate reasonable income with low volatility, through investment in a portfolio comprising of debt & money market instruments.

However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

^ Please refer to the page number 2 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained.

Investment Style

Portfolio Strategy

  • Identify securities that offer attractive yields while maintaining the credit quality and Macaulay duration of 3-6 months, of the portfolio
  • Maintain a high credit quality portfolio by efficiently analyzing the fundamental credit strength and secondary market liquidity of the issuer using the in-house credit and liquidity models
  • The Fund shall have a combination of strategies including accrual strategy, trying to capture anticipated yield movement, rolling down of the residual maturity of the securities held in the portfolio and such other strategies to actively benefit the fund performance
  • The fund endeavors to invest in a portfolio mix of issuers with a minimum short term credit rating of ‘A1+’ and having a long term ratings of ‘AAA’ to ‘AA-’

Why ULTRA SHORT TERM FUND

  • Ideal for investors to invest surplus money for short term
  • No Exit Load on redemption of your investments
  • The fund seeks to follow stringent liquidity and credit parameters to optimize the risk-return proposition for the investors
  • Investors who have moderately low risk appetite and wish to earn reasonable returns may consider investing in this scheme

Asset Allocation

Scheme Category Ultra Short Duration Fund
Plans Available Regular Plan & Direct Plan
Options

- Growth Option (with Daily, Weekly, Fortnightly, Monthly);

- IDCW Payout# and IDCW Re- investment option available

Minimum Application Amount ₹500/- and in multiples of ₹ 1/- thereafter
For IDCW Payout & Reinvestment Options Fresh Purchase (Incl. Switch-in): Minimum of ₹ 2,000/- and in multiples of ₹ 1/- thereafter.
Additional Purchase (Incl. Switch-in): Minimum of ₹ 2,000/- and in multiples of ₹ 1/- thereafter.
Monthly SIP$ : ₹ 2,000/- (plus in multiple of ₹ 1/-) Minimum installments – 6
Quarterly SIP$ : ₹ 6,000/- (plus in multiple of ₹ 1/-) Minimum installments – 4
$The applicability of the minimum amount of installment mentioned is at the time of registration only.
 Entry Load*  Not applicable
*SEBI vide its circular no. SEBI / IMD / CIR No.4 / 168230 / 09 dated June 30, 2009 has decided that there shall be no entry load for all Mutual Fund Schemes.
 Exit Load   NIL
Benchmark CRISIL Ultra Short Duraon Fund BI Index 
Fund Manager Mr. Piyush Baranwal
 PRC Ultra PRC

# This Option will be available with all frequencies except daily. In case of daily frequency, IDCW shall be mandatorily reinvested. In case the unit holder has opted for IDCW payout option, the minimum amount for dividend payout shall be ₹ 500/- (net of IDCW distribution tax and other statutory levy, if any), else the IDCW would be mandatorily reinvested.

IDCW refers to Income Distribution cum capital withdrawal option


This product is suitable for investors who are seeking *:

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*Investors should consult their financial advisors if in doubt whether the product is suitable for them.

Riskometer

Scheme Downloads

Key Information Memorandum

Scheme Information Document

DISCLAIMER AND STATUTORY DETAILS

The information herein above is meant only for general reading purposes and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.

Statutory Details: WhiteOak Capital Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by YES Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: WhiteOak Capital Trustee Limited Investment Manager: WhiteOak Capital Asset Management Limited

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

For scheme related documents, kindly click here.