India's Mutual Funds in the month of July, pumped in over ₹45,000 crore into Indian equities, in a month where foreign institutions dumped stock worth over ₹38,200 crore. The SIPs flows continuing to make new records resulted in cash and cash equivalents for these fund houses increasing to ₹1.85 lakh crore from ₹1.82 lakh crore in June. Cash levels increased to 5.46% from 5.34%. Here's a look at the major buying and selling by these fund houses last month, according to Nuvama Alternative & Quantitative Research:
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CNBC TV1821-01-2026, 08:03

WhiteOak Capital MF Launches Consumption-Themed Equity Fund

  • WhiteOak Capital Mutual Fund has launched the WhiteOak Capital Consumption Opportunities Fund, an open-ended equity scheme focused on consumption.
  • The New Fund Offer (NFO) closes on February 3, aiming for long-term capital appreciation by investing in consumption-related companies.
  • The fund is benchmarked against the Nifty India Consumption Total Return Index (TRI) and will invest 80-100% of net assets in consumption-themed equities.
  • India's consumption growth is supported by structural factors like population growth, rising incomes, urbanization, and government initiatives.
  • The fund will be managed by Ramesh Mantri, Trupti Agarwal, Dheeresh Pathak, and Piyush Baranwal, available in Direct and Regular Plans.

Why It Matters: WhiteOak Capital MF introduces a new equity fund targeting India's consumption growth story, closing NFO on Feb 3.

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