WhiteOak Capital AMC Abolishes Exit Loads Across 16 Schemes

WhiteOak Capital Asset Management Limited Abolishes Exit Loads on 16 Schemes

WhiteOak Capital Asset Management Limited has announced the removal of exit loads across 16 of its equity and hybrid schemes, effective from April 27, 2026. The revised structure, as outlined in a notice-cum-addendum issued by the fund house, excludes only liquid and Arbitrage funds.

The schemes where the revised exit load will be "Nil" include WhiteOak Capital Flexi Cap Fund, WhiteOak Capital Mid Cap Fund, WhiteOak Capital ESG Best-In-Class Strategy Fund, WhiteOak Capital Digital Bharat Fund, WhiteOak Capital Quality Equity Fund, WhiteOak Capital Consumption Opportunities Fund, WhiteOak Capital Balanced Advantage Fund, WhiteOak Capital Multi Asset Allocation Fund, WhiteOak Capital Balanced Hybrid Fund, and WhiteOak Capital Equity Savings Fund, amongst others.

Under the earlier structure, several of these schemes levied exit loads ranging from 0.10 per cent to 1 per cent if units were redeemed or switched out within specified periods. In certain cases, exit loads applied within seven days or 30 days from the date of allotment, while some schemes allowed a portion of investments to be redeemed without load before charges were applied on the balance.

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With the revision, all such exit load provisions have been removed across the listed schemes, and investors redeeming or switching units on or after the effective date will not be subject to any exit charge.

In late 2025, the Securities and Exchange Board of India (SEBI) had reduced the maximum permissible exit load on mutual funds from 5 percent to 3 percent of the redemption value. The majority of mutual funds currently have exit loads in the 1-2 percent range.

The removal of exit loads aims to simplify the investment process and reduce costs for investors. This move is expected to provide greater flexibility to investors and encourage longer holding periods.