White Oak Capital Management- India Equity Fund VI – Category III AIF

The objective of White Oak India Equity Fund VI Category III AIF is to generate sustained capital appreciation through superior returns over time.

WhiteOak Capital’s differentiation lies in:

• Large Investment Team

• Balanced Portfolio Construction

• Sectoral Analyst: Team within team structure

• Experienced Analysts

• Strict forensic for negative list of stocks

• Tactical Allocation to Small Caps

• People: Team of Sector Experts with Global Experience

• Bottom-up Stock Selection based Philosophy

• Time Tested Process

• Balanced Portfolio Construction

• Aim to ensure performance a function of stock selection

• Disciplined Fundamental Research

Idea Generation

• Company visits & field work Supply chain meetings

Analysis

The investment philosophy of White Oak India Equity Fund VI Category III AIF is that outsized returns should be earned over time by investing in great businesses. And, a great business is one that is well managed, growing, scalable, and generates superior returns on incremental capital.

A bottom-up stock selection based Philosophy is followed which intends to buy great businesses at attractive values.

The attributes they look for are: Superior returns on investment capital, scaleable long term opportunity, strong execution and governance.

The motto is to invest in businesses, not to bet on macros as the firm believes that macros are for entertainment, so, watch them, but focus on Micros i.e. the underlying portfolio companies in terms of business earnings, and valuations [Current price at a substantial discount to intrinsic value] – this is where White Oak’s Team keeps its focus.

Hence the investment philosophy of White Oak Capital is, “Growth at reasonable prices(GARP)”.

•  View macros as source of random risks, not as opportunity to add alpha

• Consciously avoid top-down misadventures – market timing, sector rotation

• Stay fully invested, with a bottom up approach to investing in great businesses at attractive valuations

• Maintain a balanced portfolio construction approach at all times

The investment process of White Oak India Equity Fund VI Category III AIF is:

• In 2022, White Oak Capital India Pioneers Equity PMS was awarded the Winner as the Best PMS in the Multi Cap Category, on a 2Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• In 2021, White Oak Capital India Equity Fund, a Long Only Cat III AIF, was awarded the winner in the Best Long Only Cat III AIF, on 3Y Absolute Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.