WhiteOak Capital removes exit load on new equity and hybrid mutual fund investments from April 27, existing liquid and arbitrage fund charges unchanged

WhiteOak Capital to remove exit load on fresh investments in equity, hybrid funds from April 27

WhiteOak Capital removes exit loads on new equity and hybrid mutual fund investments from April 27, excluding liquid and arbitrage funds, existing units keep old charges.

By Anshul

WhiteOak Capital Asset Management has announced a revision to the exit load structure across its mutual fund schemes, removing exit charges on fresh investments in equity and hybrid funds starting April 27.

Under the revised framework, investors making new purchases in these categories will be able to redeem their units without incurring exit penalties. The change will apply across a wide range of schemes, including flexi-cap, large-cap, mid-cap, sectoral, and hybrid offerings. However, liquid and arbitrage funds have been excluded from the revision and will continue with their existing exit load structures.

Exit load—typically charged when investors withdraw funds within a specified period—has been a common feature aimed at discouraging short-term churn.

In its earlier structure, several of the fund house’s equity schemes carried an exit load of up to 1% for redemptions within a short holding period.

Commenting on the change, Chief Executive Officer Aashish Somaiyaa said the relevance of exit loads has reduced over time, citing existing capital gains tax structures as a deterrent to frequent trading.

Chief Investment Officer Ramesh Mantri noted that removing exit loads could give investors greater flexibility to respond to financial needs and market movements.

The revised exit load will apply only to fresh investments made on or after the effective date. Existing investments will continue to be governed by the exit load structure applicable at the time of purchase.

The move comes amid evolving investor preferences, with asset managers increasingly adjusting product features to align with demands for liquidity and cost efficiency.

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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.