Two NFOs Entered Banking and Pharma Sector, Can Give Good Returns In Long Term

Geeta Kumar
2 Min Read

White Oak Capital Mutual Fund has offered two new funds in the market. White Oak Capital Banking & Financial Services Fund and White Oak Capital Pharma & Healthcare Fund will be open from January 16 to January 30. Both these NFOs are open-ended equity schemes.

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In the first fund, investments can be made in banks, NBFCs and companies related to financial services. This will not be limited to insurance companies, asset management companies, capital market intermediaries, market infrastructure and fintech. The second NFO has been brought for investment in pharma and healthcare companies.

Investors In The Rapidly Growing Stock Market

White Oak CEO Ashish P Somaiya said the company has brought theme-based funds into the market. Investors will get better investment opportunities in the Indian equity market through these two schemes. Our team has prepared these after a lot of research. He said that Jan Dhan Yojana, Aadhaar and mobile have made the path to the market much easier for investors, and because of this, new investors are increasing.

Reforms Changed The Picture Of the Banking and Financial Services Sector

He said that the reforms undertaken in the last few years have changed the picture of the banking and financial services sector. The profits of the banking sector have increased. Besides, there has also been a big improvement in the healthcare sector. We believe there is still much potential in the healthcare sector. Considering these possibilities, the White Oak team has prepared both these NFOs. Through these, there can be a significant increase in the wealth of investors. Investment in these is also completely safe.

Can Give Good Profit On Long Term Investment

According to Prateek Pant, CBO of White Oak, in the last 18 months, the company has launched equity and hybrid products in the market, given investor demand. This will prove to be very useful in terms of long-term wealth. Both these NFOs can also provide good returns on long-term investment.

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By Geeta Kumar Journalist and Digital Marketing Expert
Geeta is responsible for creating video content for News Waker's website and social media channels. She also covers breaking news and events, and is skilled at capturing essential moments on camera.