WhiteOak Capital Banking & Financial Services Fund performance review analysis for December
WhiteOak Capital Banking & Financial Services Fund performance review analysis for December: This detailed review of WhiteOak Capital Banking & Financial Services Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
WhiteOak Capital Banking & Financial Services Fund Direct Growth performance review analysis for December: WhiteOak Capital Banking & Financial Services Fund Direct Growth, managed by the seasoned fund managers Piyush Baranwal,Ramesh Mantri,Trupti Agrawal,Dheeresh Pathak,Naitik Shah, remains a prominent player in the Sector - Financial Services. WhiteOak Capital Banking & Financial Services Fund boasts an impressive AUM of ₹282.29 crore. Under the guidance of Piyush Baranwal,Ramesh Mantri,Trupti Agrawal,Dheeresh Pathak,Naitik Shah, the fund adheres to its objective of the primary objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of banks & companies engaged in Financial Services Sector. However, there can be no assurance that the investment objective of the Scheme will be realized.
Performance Analysis:
Over the past week, WhiteOak Capital Banking & Financial Services Fund returned 1.34%, showing a positive delta of 2.54%. The one-month performance shows a negative trend, with the fund delivering 3.88%.
The performance over the longer durations is mentioned below:
| Period | Mutual Fund Returns | Nifty 50 Performance | Performance Difference |
|---|---|---|---|
| 6 Months | 14.69% | 4.08% | 10.61% |
| 1 Year | 0.00% | 16.38% | -16.38% |
| 3 Years | 0.00% | 40.22% | -40.22% |
| 5 Years | 0.00% | 101.49% | -101.49% |
Top Holdings of the Fund
Below is the list of top holdings in the fund:
| Holding Name | Percentage of Portfolio |
|---|---|
| HDFC Bank | 20.16% |
| ICICI Bank | 17.21% |
| ICICI Securities | 7.08% |
| State Bank Of India | 6.87% |
| Bajaj Finserv | 5.81% |
Sector Allocation of the Fund
| Sector Name | Weightage (%) |
|---|---|
| Regional Banks | 50.57% |
| Investment Services | 10.85% |
| Insurance (Life) | 9.1% |
| Consumer Financial Services | 8.77% |
| Software & Programming | 2.25% |
| Misc. Financial Services | 1.82% |
| Business Services | 1.51% |
| Insurance (Accident & Health) | 1.46% |
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 0.00, while the three-year and five-year ratios are 0.00 and 0.00, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 0.00% for one year, 0.00% for three years, and 0.00% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
Recent Portfolio Activity
In the last month, the fund acquired new positions in the following stocks:
| Stock Name | Holding (%) | No of shares | Holding Value |
|---|---|---|---|
| SBI Life Insurance Company | 2.21% | 38461 | 6.24 |
| GO DIGIT GENERAL INSURANCE | 0.99% | 84604 | 2.80 |
The fund has increased its position in the following stocks:
| Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value |
|---|---|---|---|
| HDFC Bank | 368997.0 | 327892.0 | 56.92 |
| ICICI Bank | 570868.0 | 375996.0 | 48.59 |
| ICICI Securities | 232766.0 | 230476.0 | 20.00 |
| State Bank Of India | 305019.0 | 236463.0 | 19.40 |
| Bajaj Finserv | 97123.0 | 93624.0 | 16.40 |
| Shriram Finance | 33184.0 | 26513.0 | 8.33 |
| REC | 118381.0 | 98576.0 | 5.16 |
| Multi Commodity Exchange Of India | 8610.0 | 7774.0 | 5.07 |
| PNB Housing Finance | 59562.0 | 46596.0 | 4.51 |
| Care Ratings | 48633.0 | 29268.0 | 4.28 |
| Max Financial Services | 37381.0 | 32046.0 | 4.12 |
| PB Fintech | 23228.0 | 21385.0 | 3.64 |
| ICICI Prudential Life Insurance Company | 61482.0 | 41163.0 | 3.06 |
| Angel Broking | 13623.0 | 9741.0 | 2.98 |
| CMS Info Systems | 56181.0 | 50528.0 | 2.72 |
| Computer Age Management Services | 6459.0 | 5810.0 | 2.59 |
The fund has reduced its holding in the following stocks:
| Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value |
|---|---|---|---|
| Kotak Mahindra Bank | 90487.0 | 62189.0 | 10.77 |
| Cholamandalam Financial Holdings | 61222.0 | 42030.0 | 7.21 |
| City Union Bank | 160656.0 | 154018.0 | 2.71 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
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