The Securities and Exchange Board of India (SEBI) has received three new fund proposals that offer very different investment ideas. The names are WhiteOak Capital Diversified Equity Small Cap Active FOF, The Wealth Company Life Cycle Fund 2041 and Titanium Active Asset Allocator Long-Short Fund.
All three names appear in SEBI’s mutual fund filing records dated September 2, 2026. The proposals cover three separate styles. WhiteOak has a small-cap equity focus through a fund of funds structure. The Wealth Company has a target-date approach with 2041 as its key year. Titanium has a more advanced strategy that can use equity, debt, commodities, InvITs and derivatives.
A filing with SEBI does not mean that a scheme is already open for public investment. It is part of the regulatory process. Investors should wait for the final scheme documents and launch details before they consider putting money into any of these products.
WhiteOak brings a small-cap fund of funds
The first proposal is WhiteOak Capital Diversified Equity Small Cap Active FOF. As the name suggests, the scheme has a focus on small-cap equities and uses a fund of funds, or FOF, structure.
A fund of funds takes a different route from a normal equity mutual fund. Instead of placing most of its money directly into company shares, it can invest in other funds. This gives the fund manager a way to build exposure through selected schemes.
The small-cap focus is important because small companies can offer strong growth potential, but their shares can also see large price swings. Smaller firms often have a longer growth path, yet their profits, cash flows and share prices can be more sensitive to changes in the economy.
The word “active” also shows that the proposed scheme is not a simple index-based product. The fund manager is expected to use active choices to decide where the portfolio should have exposure.
For investors, the proposal could offer a way to seek small-cap exposure without the need to select individual small-cap stocks. The final documents will provide more detail on the fund selection process, portfolio limits, costs and other rules.
The Wealth Company chooses a 2041 target
The second proposal is The Wealth Company Life Cycle Fund 2041. This scheme follows a life-cycle model and has 2041 as its target year.
The proposed fund is an open-ended scheme with a 15-year target maturity. Its Scheme Information Document is dated September 1, 2026.
The central idea is simple. When the target year is still far away, the fund can hold a higher share of equity. As the target date gets closer, the equity share can fall while debt gets a larger role.
This type of structure is known as a glide path. It aims to give the investor more growth potential in the early years and greater stability near the target date.
At the start, when 10 to 15 years remain, equity and equity-related instruments can make up 65% to 80% of the portfolio. Debt can range from 5% to 25%.
The scheme can also have exposure to Gold and Silver ETFs, Gold and Silver ETCDs and InvITs within the stated limits.
Equity share falls as 2041 gets closer
The proposed asset mix changes as the fund moves closer to its target year. When five to 10 years remain, equity can range from 50% to 65%.
When three to five years remain, the equity range falls to 35% to 50%. With one to three years left, the range falls again to 20% to 35%.
During the final year, equity can form only 5% to 20% of the portfolio. This means the fund can move from a growth-focused structure toward a more defensive mix as 2041 approaches.
Debt can take a larger role in the later years. The purpose is to reduce the risk of a major equity market fall close to the target date.
For periods with less than 10 years left to maturity, the scheme may use equity arbitrage of up to 50%. At the same time, total equity and equity-related exposure remains within 65% to 75%.
Gold, silver and other assets have a role
The Wealth Company fund is not limited to stocks and bonds. It can also use InvITs, Gold and Silver ETFs and exchange-traded commodity derivatives.
Its Tier I benchmark has four parts. Nifty 200 TRI has a 70% weight, Nifty Composite Debt Index has 25%, domestic gold prices have 3% and domestic silver prices have 2%.
The scheme has a Very High Risk classification. The minimum investment during the New Fund Offer is ₹1,000. Further investments can be made in multiples of ₹1.
SIP facilities are available from ₹100 for daily instalments and ₹250 for weekly, fortnightly, monthly and quarterly instalments.
There is no entry load. The exit load depends on the holding period. It is 3% for holdings up to one year, 2% for more than one year and up to two years, 1% for more than two years and up to three years, and nil after three years.
Titanium takes a more flexible route
The third proposal is Titanium Active Asset Allocator Long-Short Fund – Titanium SIF.
This scheme falls under the Specialized Investment Fund, or SIF, category. SIFs allow fund managers to use strategies that can be more complex than those found in standard mutual funds.
The Titanium strategy can invest across equity, debt, InvITs and commodity derivatives. It can also use permitted derivatives for hedging, arbitrage and limited short positions.
Its stated objective is medium- to long-term capital appreciation.
The proposed allocation allows equity and equity-related instruments to form 35% to 100% of the portfolio. However, net equity exposure can fall to 0% based on market conditions.
Debt and money market instruments can form 0% to 65% of the portfolio. InvIT exposure can reach 20%, while commodity derivatives can reach 30%.
The strategy can also use equity and debt derivatives for unhedged short exposure, subject to a cap of 25%.
What a long-short strategy means
A long-short strategy gives the fund manager more freedom than a traditional long-only equity fund.
A long position is based on the view that an asset may rise in value. A short position takes the opposite view. The manager can use a short position when the expectation is that a stock may fall or perform worse than another stock.
The scheme can also use derivatives for hedging. This can help manage some market risks. Commodity derivatives can cover gold, silver and other commodities allowed by SEBI.
Its benchmark has three parts. BSE 200 TRI has a 35% weight, CRISIL Short Term Bond Fund Index has 50% and iCOMDEX Composite Index has 15%.
Titanium has a higher entry requirement
The proposed Titanium SIF has a much higher minimum investment than a regular retail mutual fund. A new investor needs at least ₹10 lakh. Existing investors must maintain ₹10 lakh across Titanium SIF strategies.
There is no lock-in period, and the strategy has a perpetual duration.
Subscriptions are available on all business days. Redemptions are scheduled once a week on Monday. Units are proposed to be listed on BSE.
A 1% exit load applies to redemptions or switch-outs within one month of allotment. There is no exit load after one month.
The higher minimum investment and wider use of derivatives show that this product is aimed at investors who understand more complex investment strategies and their risks.
Three proposals, three different approaches
The three SEBI filings show how fund houses are creating products for very different investor needs.
WhiteOak’s proposal focuses on small-cap equity through a fund of funds structure. The Wealth Company has a defined target year and a planned change in its asset mix as 2041 comes closer. Titanium offers a flexible multi-asset strategy with long-short positions, derivatives and commodity exposure.
The products also differ in their level of complexity. The WhiteOak proposal has a clear small-cap focus. The Wealth Company fund uses a structured asset-allocation path. Titanium gives the fund manager much wider tools, but that also makes the strategy harder for a new investor to understand.
For now, all three should be viewed as proposals within the SEBI regulatory process. The final documents will matter before investors make any decision.
The key takeaway is that these filings are not simply three new equity funds. They represent three distinct ideas: small-cap exposure through an FOF, a target-date life-cycle fund for 2041, and a flexible long-short asset allocator under the SIF framework.
