Point out horse (5)

I believe the answer is:

pinto

'horse' is the definition.
(pinto is a kind of horse)

'point out' is the wordplay.
'out' is an anagram indicator (out can mean wrong or inaccurate).
'point' with letters rearranged gives 'PINTO'.

(Other definitions for pinto that I've seen before include "H [HORSE]" , "Piebald horse (US)" , "A piebald pony" , "patchy horse" , "Spotted or piebald horse" .)

I've seen this clue in The Hindu.

Want a hint initially instead of a full solution? Install my app