Description

WhiteOak Capital Mutual Fund introduces daily SIP frequency for all existing schemes effective February 01, 2026, with minimum investment of Rs. 100 per installment.

Summary

WhiteOak Capital Mutual Fund (WOCMF) has introduced a daily frequency option under its Systematic Investment Plan (SIP) facility for all existing schemes, effective from February 01, 2026. This addition to existing SIP frequencies allows investors to make daily investments on all business days from Monday to Friday, with minimum amounts starting at Rs. 100 (Rs. 500 for debt schemes and ELSS).

Key Points

  • Daily SIP frequency introduced for all existing schemes of WhiteOak Capital Mutual Fund
  • Effective date: February 01, 2026
  • Minimum investment: Rs. 100 per installment (multiples of Re. 1)
  • Debt schemes: Rs. 500 minimum (multiples of Re. 1)
  • WhiteOak Capital ELSS Tax Saver Fund: Rs. 500 minimum (multiples of Rs. 500)
  • Minimum number of installments: 6
  • SIP installments on all business days (Monday to Friday)
  • Installments skipped on non-business days
  • Payment frequency: “As & when presented” to be selected in SIP Mandate/OTM
  • SIP registration discontinued after 3 consecutive failed installments
  • Daily SIP not available for Daily IDCW Plans
  • SIP Top-Up frequency: Half-yearly/yearly with minimum Rs. 100
  • SIP Pause and Modify facility not available for daily frequency

Regulatory Changes

This is a product enhancement rather than a regulatory change. WhiteOak Capital Asset Management Limited has exercised its discretion to expand SIP frequency options for investors.

Compliance Requirements

  • Investors must select “As & when presented” as payment frequency in SIP Mandate/OTM when enrolling for Daily SIP
  • Unit allotment subject to credit realization in the scheme
  • Multiple SIP installments realized on same day will be processed at applicable NAV as per Scheme Information Document (SID)
  • This addendum forms integral part of Statement of Additional Information (SAI) and SIDs

Important Dates

  • Effective Date: February 01, 2026
  • Notice Date: January 22, 2026
  • SIP Frequency: All business days from Monday to Friday

Impact Assessment

Market Impact: Minimal. This is an operational enhancement specific to WhiteOak Capital Mutual Fund investors.

Investor Impact: Positive for retail investors seeking higher frequency investment options. Provides flexibility for daily wage earners or those preferring micro-investments.

Operational Impact:

  • Enhances investment accessibility with lower entry barriers (Rs. 100 minimum)
  • Aligns with trend toward democratization of mutual fund investments
  • May increase transaction volumes on BSE StAR MF platform
  • Restrictions on Pause/Modify features for daily SIPs may limit flexibility for some investors

Risk Considerations:

  • Automatic discontinuation after 3 consecutive failed installments requires adequate fund management
  • Daily frequency may lead to higher transaction monitoring requirements for investors

Impact Justification

Operational enhancement for mutual fund investors offering additional SIP frequency option. Does not affect existing investors or market operations significantly.