WhiteOak Capital Mutual Fund is launching the WhiteOak Capital Dividend Yield Fund with a new fund offer opening on August 10, 2026 and closing on August 24, 2026. According to reports from WhiteOak Capital Mutual Fund, the scheme will be managed by Ramesh Mantri (Equity), Trupti Agrawal (Assistant Fund Manager - Equity), Dheeresh Pathak (Assistant Fund Manager - Equity), Piyush Baranwal (Debt), and Ashish Agrawal (for Arbitrage transactions). The fund will track the BSE 500 TRI and will be available in both regular and direct plans with growth and IDCW options. The fund was launched on August 24, 2026, as confirmed by latest market data.
The scheme's primary objective is to generate long-term capital appreciation and regular income by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. As reported by WhiteOak Capital Mutual Fund, the fund may invest up to 70% in REITs and InvITs, with specific allocations of up to 60% in REITs and up to 10% in InvITs. The remaining up to 25% will be allocated to equity and arbitrage instruments. The fund follows a null oriented style of investing across market capitalizations, with no specific allocation to giant, large cap, mid cap, or small cap companies. The fund's asset allocation comprises around 0.0% in equities, 0.0% in debts and 0.0% in cash & cash equivalents.
According to WhiteOak Capital Mutual Fund, the scheme may be suitable for several investor profiles including those seeking periodic cash flows and optimised post-tax cash flows through disciplined withdrawal or STP strategies. The fund also targets investors seeking an alternative to investing in rental real assets through listed REITs and InvITs, as well as conservative investors seeking steady returns with limited portfolio volatility. Investors can participate with a minimum investment of ₹500. The fund comes under the Equity: Thematic-Dividend Yield category with a suggested investment horizon of >3 years.
The fund's gains are taxed at 15% Short-term Capital Gain Tax (STCG) if units are redeemed within 1 year of investment. For units redeemed after 1 year, gains up to ₹1 lakh are exempted from tax, while gains exceeding ₹1 lakh are taxed at 10% Long-term Capital Gain Tax (LTCG). Dividend income from the fund will be added to investor income and taxed according to respective tax slabs. For dividend income exceeding ₹5,000 in a financial year, the fund house will deduct 10% TDS on such income. The fund has been classified under the Very High risk category by SEBI's latest risk calculation guidelines.
