WhiteOak Capital Mutual Fund has launched its first FoF - WhiteOak Capital Diversified Equity Small Cap FOF, which is open for subscription and will close on October 12. It is an open-ended scheme fund of funds scheme designed to generate long-term capital appreciation by investing predominantly in a diversified selection of active small-cap mutual fund schemes.
According to the product document, rather than selecting individual stocks, the scheme will select, combine and continuously monitor specialist fund managers and their portfolios.
