Description

WhiteOak Capital Mutual Fund introduces daily frequency under Systematic Investment Plan (SIP) facility for all existing schemes effective February 01, 2026.

Summary

WhiteOak Capital Mutual Fund (WOCMF) has introduced a Daily frequency option under its Systematic Investment Plan (SIP) facility for all existing schemes, effective February 01, 2026. This addendum provides details on minimum investment amounts, payment frequencies, and conditions applicable to the new Daily SIP option available on the BSE StAR MF Platform.

Key Points

  • Daily SIP frequency available on all business days (Monday to Friday)
  • Minimum investment: Rs. 100/- (in multiples of Re. 1) for equity schemes
  • Minimum investment: Rs. 500/- for debt schemes and WhiteOak Capital ELSS Tax Saver Fund
  • Minimum 6 installments required
  • Daily SIP installments skipped on non-business days
  • Investors must select “As & when presented” as payment frequency in SIP Mandate/OTM
  • SIP registration discontinued if 3 consecutive installments are not honored
  • Daily SIP not available for Daily IDCW Plans
  • SIP Pause and Modify facility not available under Daily frequency

Regulatory Changes

No regulatory changes. This is an operational enhancement introducing a new SIP frequency option for WhiteOak Capital Mutual Fund schemes.

Compliance Requirements

  • Investors enrolling for Daily SIP must select “As & when presented” as payment frequency in the SIP Mandate/OTM
  • SIP Top-Up frequency for Daily SIP limited to half-yearly/yearly with minimum top-up amount of Rs. 100/- (in multiples of Re. 1)
  • Unit allotment subject to realization of credit in the scheme
  • Multiple SIP installments credited on same day will be processed at applicable NAV per scheme provisions

Important Dates

  • Effective Date: February 01, 2026 - Daily SIP frequency facility becomes operational
  • Notice Date: January 22, 2026 - Date of official notice

Impact Assessment

Limited impact restricted to WhiteOak Capital Mutual Fund investors. The introduction of daily SIP frequency provides enhanced flexibility for systematic investment but does not affect market structure, trading operations, or broader compliance requirements. This is a voluntary investment facility with no mandatory compliance obligations for market participants.

Impact Justification

Operational enhancement introducing daily SIP frequency for WhiteOak mutual fund schemes; affects only WhiteOak MF investors and does not impact broader market operations or compliance requirements