asset mutual fund has turned ₹10,000 monthly SIP into over ₹4 lakh in 3 years

This multi-asset mutual fund has turned ₹10,000 monthly SIP into over ₹4 lakh in 3 years

The fund’s return per unit of risk stood at 2.87, higher than equity and gold, and slightly below debt.

By Anshul

A SIP in the WhiteOak Capital Multi Asset Allocation Fund would have grown to ₹4.46 lakh over three years, reflecting an annualised return of 14.57%, according to a Value Research calculator for the Regular Plan of the scheme.

The illustration assumes a monthly investment of ₹10,000 over a three-year period, resulting in a total investment of ₹3.6 lakh.

Against this backdrop, the WhiteOak Capital Multi Asset Allocation Fund has completed three years since its launch in May 2023, with assets under management (AUM) increasing from ₹73 crore at inception to ₹7,315 crore as of May 19, as per data shared by the fund house.

Over the three-year period, the scheme delivered a compound annual growth rate (CAGR) of 15.82%, while maintaining an annualised volatility of 5.51%. The volatility level is stated to be the second lowest among the asset categories considered, after debt.

The fund’s return per unit of risk stood at 2.87, higher than equity and gold, and slightly below debt.

Asset allocation trend

Since inception, the fund has followed a multi-asset allocation approach across domestic equity, foreign equity, gold, REITs/InvITs, debt and arbitrage. Allocation levels have been adjusted based on market conditions and relative valuation indicators.

Domestic equity allocation ranged between approximately 23.9% and 31.6% during the period, while gold allocation moved between about 10% and 23%. Debt and arbitrage remained part of the portfolio as stabilising components.

The fund house said the allocation strategy is driven by an internal model assessing relative valuations across asset classes.

Risk-return characteristics

The scheme’s performance metrics highlight a relatively lower volatility profile compared with equity-heavy strategies, alongside mid-teens long-term returns over the three-year period. The fund’s return-to-risk ratio suggests a diversified allocation approach aimed at balancing return generation with downside moderation across market cycles.

Note To Readers

Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.