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WhiteOak Capital Multi Cap Fund

Multi CapVery HighOPEN-ENDED
Invest Now
NAV as on 24 Sep 2026
₹15.84-1.82%1 day
Return since launch
17.2%
52-week range
₹13.39 — ₹16.49
AUM
₹4,385 Cr

WhiteOak Capital Multi Cap Fund is a Multi Cap equity fund from WhiteOak Capital Mutual Fund with ₹4,385 Cr under management, launched in 2023. Over three years it has returned 10.3% a year, against 13.4% for its category. The expense ratio is 2.25% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y6.7%+2.1 pts4.6%2.4%
2Y7.3%+1.3 pts6.0%2.2%
3Y10.3%−3.1 pts13.4%4.8%

Fund against category

1Y
Fund6.7%
Category4.6%
3Y
Fund10.3%
Category13.4%

Since launch (31 Aug 2023): 17.2%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20255.6%+2.0 pts3.6%
202428.4%+3.3 pts25.0%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

2.22%

Expense ratio as on 23 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.62%
Brokerage
0.06%
Transaction charges
0.01%
Statutory levies
0.53%
Exit load
Exit load of 1%, if redeemed within 1 month.
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
Nifty 500 Multicap 50:25:25 TRI
Short-term capital gains
Returns taxed at 20% if you redeem before 1 year
Long-term capital gains
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Portfolio

WhiteOak Capital Multi Cap Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Equity95.1%
  • Debt7.8%

Market cap split

  • Large35.8%
  • Mid29.1%
  • Small35.0%
P/E
28.57
P/B
3.88

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
ICICI Bank Ltd.Financial5.29%₹232 Cr+4.67%+4.76%+5.11%
Nestle India Ltd.Consumer Staples2.49%₹109 Cr+4.16%+2.91%+1.40%
Bharti Airtel Ltd.Communication2.48%₹109 Cr+0.09%+0.51%+1.04%
HDFC Bank Ltd.Financial2.07%₹90.55 Cr+4.38%+4.42%+4.19%
Coforge Ltd.Technology1.78%₹78.00 Cr+0.02%+1.73%+2.14%
State Bank of IndiaFinancial1.77%₹77.66 Cr+0.76%+1.67%+1.59%
Mahindra & Mahindra Ltd.Automobile1.63%₹71.39 Cr+1.42%+1.48%+1.79%
Eternal Ltd.Services1.61%₹70.63 Cr+3.20%+3.41%+4.39%
Nexus Select TrustConstruction1.49%₹65.28 Cr+1.68%+2.02%+1.64%
Max Financial Services Ltd.Financial1.42%₹62.31 Cr+1.52%+1.90%+1.70%

Sectors

  • Financial31.7%
  • Healthcare12.5%
  • Services9.8%
  • Capital Goods7.5%
  • Automobile6.4%
  • Technology5.3%
  • Consumer Staples5.2%
  • Construction5.0%

Instruments

  • CBLO4.0%
  • Treasury Bills3.7%
  • Real Estate Investment Trusts2.1%
  • Index Derivatives1.6%
  • Infrastructure Investment Trust1.2%

Recent changes

HoldingFromToWeight
Eternal Ltd.1.57%0.01%-1.57%
Others3.02%4.05%+1.03%
HDFC Bank Ltd.2.90%2.07%-0.84%
Max Healthcare Institute Ltd.0.04%0.58%+0.54%
Axis Bank Ltd.0.24%0.62%+0.38%
Tenneco Clean Air India Ltd0.18%0.54%+0.36%
REC Ltd.0.58%0.25%-0.33%
Juniper Green Energy Ltd.0.18%0.49%+0.31%
State Bank of India1.48%1.77%+0.29%
Ather Energy Ltd.0.29%0.02%-0.27%
company:180000.00%0.25%+0.25%
Coforge Ltd.0.92%0.67%-0.25%
Lenskart Solutions Ltd.0.45%0.70%+0.25%
company:208140.00%0.24%+0.24%
Thyrocare Technologies Ltd.0.10%0.34%+0.24%
Oracle Financial Services Software Ltd.0.50%0.73%+0.24%
company:68970.00%0.22%+0.22%
Aye Finance Ltd.0.14%0.34%+0.20%
company:68920.00%0.20%+0.20%
Fortis Healthcare Ltd.1.08%0.89%-0.20%
ICICI Bank Ltd.5.49%5.29%-0.20%
PB Fintech Ltd.1.05%1.24%+0.19%
Nifty Bank1.18%1.36%+0.18%
NTPC Ltd.0.33%0.16%-0.18%
KRN Heat Exchanger And Refrigeration Ltd.0.70%0.88%+0.17%
Oil India Ltd.0.73%0.56%-0.17%
company:208220.00%0.16%+0.16%
Nippon Life India Asset Management Ltd.0.68%0.52%-0.16%
Mahindra & Mahindra Financial Services Ltd.0.30%0.45%+0.15%
TD Power Systems Ltd.0.49%0.63%+0.14%
Cummins India Ltd.0.40%0.26%-0.14%
Motilal Oswal Financial Services Ltd.0.53%0.68%+0.14%
Azad Engineering Ltd.0.75%0.88%+0.13%
Bharti Hexacom Ltd.1.38%1.25%-0.13%
Leela Palaces Hotels & Resorts Ltd.0.77%0.64%-0.13%
India Shelter Finance Corporation Ltd.0.73%0.61%-0.11%
PNB Housing Finance Ltd.0.38%0.49%+0.11%
Sagility Ltd.0.12%0.23%+0.11%
company:81520.00%0.10%+0.10%
Muthoot Finance Ltd.0.99%0.89%-0.10%
Ajanta Pharma Ltd.0.51%0.60%+0.10%
Maruti Suzuki India Ltd.0.93%0.83%-0.10%
AIA Engineering Ltd.0.72%0.63%-0.09%
The Federal Bank Ltd.1.40%1.31%-0.09%
Vishal Mega Mart Ltd.0.57%0.65%+0.09%
Godrej Properties Ltd.0.39%0.31%-0.09%
Torrent Pharmaceuticals Ltd.1.27%1.18%-0.09%
Orkla India Ltd.0.10%0.18%+0.08%
Nexus Select Trust1.57%1.49%-0.08%
Krishna Institute of Medical Sciences Ltd0.69%0.61%-0.08%
Ipca Laboratories Ltd.0.37%0.45%+0.08%
Neuland Laboratories Ltd.0.53%0.61%+0.07%
Power Finance Corporation Ltd.0.11%0.04%-0.07%
Omnitech Engineering Ltd.0.41%0.34%-0.07%
Petronet LNG Ltd.0.26%0.19%-0.07%
Marico Ltd.0.63%0.56%-0.07%
Alkem Laboratories Ltd.0.56%0.49%-0.07%
Metro Brands Ltd.0.07%0.00%-0.07%
Firstsource Solutions Ltd.0.38%0.31%-0.07%
Five-Star Business Finance Ltd.0.78%0.72%-0.06%
Mahindra & Mahindra Ltd.1.69%1.63%-0.06%
Aditya Birla Capital Ltd.0.19%0.13%-0.06%
Reliance Industries Ltd.1.32%1.26%-0.06%
The Phoenix Mills Ltd.1.07%1.01%-0.06%
Multi Commodity Exchange Of India Ltd.0.30%0.36%+0.06%
Elgi Equipments Ltd.0.17%0.23%+0.06%
OnEMI Technology Solutions Ltd.0.18%0.13%-0.05%
Trent Ltd.0.05%0.00%-0.05%
Lumax Auto Technologies Ltd.0.21%0.26%+0.05%
Cipla Ltd.0.51%0.46%-0.05%
Berger Paints India Ltd.0.51%0.46%-0.05%
Navin Fluorine International Ltd.0.57%0.62%+0.05%
Godrej Industries Ltd.0.24%0.20%-0.05%
Manorama Industries Ltd.0.40%0.45%+0.04%
The South Indian Bank Ltd.0.57%0.53%-0.04%
Sudeep Pharma Ltd.0.15%0.20%+0.04%
Vedant Fashions Ltd.0.18%0.23%+0.04%
Dynamatic Technologies Ltd.0.47%0.52%+0.04%
Bajaj Finance Ltd.0.32%0.28%-0.04%
CORONA Remedies Ltd.0.51%0.47%-0.04%
Gillette India Ltd.0.43%0.39%-0.04%
Eureka Forbes Ltd.0.41%0.37%-0.04%
Bharti Airtel Ltd.2.44%2.48%+0.04%
Bharat Bijlee Ltd.0.04%0.00%-0.04%
Repco Home Finance Ltd.0.35%0.31%-0.04%
Asian Paints Ltd.0.43%0.39%-0.04%
Narayana Hrudayalaya Ltd.0.34%0.30%-0.04%
Ajax Engineering Ltd.0.57%0.53%-0.04%
Bajaj Finserv Ltd.0.61%0.57%-0.04%
EPack Prefab Technologies Ltd.0.17%0.13%-0.04%
Indusind Bank Ltd.0.69%0.65%-0.04%
Intellect Design Arena Ltd.0.33%0.30%-0.04%
Nuvoco Vistas Corporation Ltd.0.28%0.25%-0.04%
Billionbrains Garage Ventures Ltd.0.52%0.48%-0.04%
Embassy Office Parks REIT0.62%0.59%-0.03%
Gland Pharma Ltd.0.39%0.42%+0.03%
Jindal Stainless Ltd.0.32%0.36%+0.03%
Care Ratings Ltd.0.72%0.69%-0.03%
JSW Energy Ltd.0.03%0.00%-0.03%
Kirloskar Oil Engines Ltd.0.34%0.31%-0.03%
Abbott India Ltd.0.26%0.23%-0.03%
International Gemological Institute Ltd.0.35%0.32%-0.03%
Colgate-Palmolive (India) Ltd.0.22%0.19%-0.03%
Carraro India Ltd.0.03%0.00%-0.03%
JSW Cement Ltd.0.28%0.25%-0.03%
Power Grid Corporation Of India Ltd.0.24%0.21%-0.03%
TBO Tek Ltd.0.39%0.42%+0.03%
Latent View Analytics Ltd.0.15%0.12%-0.03%
National Highways Infra Trust0.49%0.46%-0.03%
Computer Age Management Services Ltd.0.37%0.35%-0.03%
Tech Mahindra Ltd.0.42%0.39%-0.03%
Blue Star Ltd.0.42%0.45%+0.03%
Hindustan Petroleum Corporation Ltd.0.23%0.20%-0.03%
City Union Bank Ltd.0.57%0.59%+0.03%
Safari Industries (India) Ltd.0.30%0.27%-0.03%
Vijaya Diagnostic Centre Ltd.0.40%0.42%+0.03%
Dr. Lal Pathlabs Ltd.0.58%0.56%-0.02%
Aditya Birla Real Estate Ltd0.25%0.22%-0.02%
DOMS Industries Ltd.0.33%0.30%-0.02%
Acutaas Chemicals Ltd.0.55%0.53%-0.02%
Reserve Bank of India0.40%0.38%-0.02%
Jupiter Life Line Hospitals Ltd.0.13%0.11%-0.02%
Sun Pharmaceutical Industries Ltd.0.34%0.32%-0.02%
Tube Investments Of India Ltd.0.40%0.38%-0.02%
Bharat Heavy Electricals Ltd.0.75%0.77%+0.02%
Clean Max Enviro Energy Solutions Ltd.0.16%0.14%-0.02%
Oil And Natural Gas Corporation Ltd.0.19%0.17%-0.02%
Mastek Ltd.0.15%0.13%-0.02%
Kansai Nerolac Paints Ltd.0.24%0.22%-0.02%
Sai Life Sciences Ltd.0.39%0.41%+0.02%
Tata Steel Ltd.0.22%0.20%-0.02%
National Aluminium Company Ltd.0.66%0.68%+0.02%
Lemon Tree Hotels Ltd.0.22%0.20%-0.02%
Kei Industries Ltd.0.44%0.46%+0.02%
CarTrade Tech Ltd.0.46%0.47%+0.02%
Vedanta Aluminium Metal Ltd.0.17%0.16%-0.02%
360 One Wam Ltd.0.70%0.68%-0.02%
Force Motors Ltd.0.21%0.20%-0.02%
Prudent Corporate Advisory Services Ltd.0.30%0.31%+0.02%
Hero Motocorp Ltd.0.34%0.32%-0.02%
Poly Medicure Ltd.0.60%0.59%-0.02%
Max Financial Services Ltd.1.44%1.42%-0.02%
Aadhar Housing Finance Ltd1.24%1.23%-0.01%
Kotak Mahindra Bank Ltd.1.10%1.11%+0.01%
Ujjivan Small Finance Bank Ltd.0.15%0.14%-0.01%
Travel Food Services Ltd.0.24%0.22%-0.01%
Indigo Paints Ltd.0.62%0.61%-0.01%
Titan Company Ltd.1.02%1.01%-0.01%
Vertis Infrastructure Trust0.59%0.60%+0.01%
Nestle India Ltd.0.15%0.13%-0.01%
Infosys Ltd.0.23%0.22%-0.01%
Cholamandalam Investment and Finance Company Ltd.0.23%0.22%-0.01%
Karur Vysya Bank Ltd.0.29%0.28%-0.01%
Larsen & Toubro Ltd.0.39%0.37%-0.01%
Wakefit Innovations Ltd.0.11%0.13%+0.01%
Newgen Software Technologies Ltd.0.12%0.10%-0.01%
Aether Industries Ltd.0.32%0.33%+0.01%
Solar Industries India Ltd.0.35%0.36%+0.01%
Mankind Pharma Ltd.0.11%0.10%-0.01%
Awfis Space Solutions Ltd.0.08%0.07%-0.01%
Bank of India0.29%0.29%-0.01%
Cholamandalam Financial Holdings Ltd.0.11%0.10%-0.01%
Anantam Highways Trust0.18%0.17%-0.01%
Laxmi Dental Ltd.0.07%0.06%-0.01%
Persistent Systems Ltd.1.17%1.16%-0.01%
Hindalco Industries Ltd.0.51%0.50%-0.01%
GE Vernova T&D India Ltd0.28%0.27%-0.01%
Coromandel International Ltd.0.06%0.05%-0.01%
Anthem Biosciences Ltd.0.20%0.20%+0.01%
SJS Enterprises Ltd.0.42%0.41%-0.01%
Kovai Medical Center & Hospital Ltd.0.25%0.25%-0.01%
Page Industries Ltd.0.05%0.04%-0.01%
Tata Consultancy Services Ltd.0.16%0.15%-0.01%
Bharat Electronics Ltd.0.88%0.89%+0.01%
Indiqube Spaces Ltd.0.16%0.17%+0.01%
Laurus Labs Ltd.1.08%1.07%-0.01%
Fine Organic Industries Ltd.0.18%0.18%+0.01%
FSN E-Commerce Ventures Ltd.0.50%0.50%-0.01%
Jyothy Labs Ltd.0.16%0.16%-0.01%
Info Edge (India) Ltd.0.56%0.56%+0.01%
NMDC Ltd.0.23%0.22%0.00%
Supreme Industries Ltd.0.14%0.14%0.00%
Aditya Infotech Ltd.0.50%0.50%0.00%
National Securities Depository Ltd0.06%0.06%0.00%
eClerx Services Ltd.0.37%0.37%0.00%
Hitachi Energy India Ltd.0.34%0.34%0.00%
Neogen Chemicals Ltd.0.13%0.13%0.00%
ICICI Prudential Asset Management Company Ltd.0.04%0.04%0.00%
Sona BLW Precision Forgings Ltd.0.81%0.81%0.00%
Pidilite Industries Ltd.0.22%0.22%0.00%
CSB Bank Ltd.0.15%0.14%0.00%
Endurance Technologies Ltd.0.14%0.14%0.00%
LTM Limited0.10%0.09%0.00%
Arman Financial Services Ltd.0.06%0.06%0.00%
Nucleus Software Exports Ltd.0.07%0.07%0.00%
IIFL Finance Ltd.0.50%0.50%0.00%
Canara HSBC Life Insurance Company Ltd.0.14%0.14%0.00%
EMA Partners India Ltd.0.04%0.04%0.00%
Yash Highvoltage Ltd.0.29%0.29%0.00%
Xpro India Ltd.0.00%0.00%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹5,519 Cr2.17%11.8%10.8%—
Axis Multicap Fund₹11,985 Cr1.99%15.2%12.2%—
HSBC Multi Cap Fund₹6,503 Cr2.05%11.0%9.9%—
LIC MF Multi Cap Fund₹2,254 Cr2.13%9.7%10.1%—
Bank of India Multi Cap Fund₹1,335 Cr2.50%11.2%10.9%—

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The Scheme seeks to provide long-term capital appreciation / income by investing across market capitalisations and managing a diversified portfolio of Large Cap, Mid Cap and Small Cap Stock.

Fund managers

  • Ashish AgrawalPGDBM in Finance from Institute of Management Technology, Ghaziabad and Bachelor of Commerce from University of LucknowPrior to joining Whiteoak Capital AMC, he was working with Motilal Owal Asset Management Co. Ltd from 2016 till date. Citigroup Global Markets Ltd from 2010 to 2016
  • Dheeresh PathakMr. Pathak has done B.E in Electronics Engineering and a PGDBM from MDI GurgaonPrior to joining WhiteOak Capital Mutual Fund, he has worked with Goldman Sachs
  • Piyush BaranwalMr.Piyush Baranwal is a B. Tech. in Electronics and communication from Manipal Institute of Technology,Manipal.He completed PGDBM in Finance from S.P.Jain Institute of Management and Reserch and CFA.Prior to joining WhiteOak Capital Mutual Fund he has worked with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal Pnb AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011).
  • Ramesh MantriMr. Mantri is an MBA, CFA and CAPrior to joining WhiteOak Capital Mutual Fund, he has worked with WhiteOak Capital Management, Ashoka Capital Advisers, Smith Management, and CRISIL.
  • Trupti AgrawalMs. Agrawal has done B.Com and CA.Prior to joining WhiteOak Capital Mutual Fund, she has worked with L&T Infrastructure Finance Co. Ltd. and Ernst & Young.
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months13.33% absolute₹60,000₹67,99813.33%
1 year4.91% annualised₹1,20,000₹1,23,2402.70%
3 years16.51% annualised₹3,60,000₹4,68,22730.06%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of WhiteOak Capital Multi Cap Fund?
The NAV of WhiteOak Capital Multi Cap Fund is ₹15.84 as on 24 Sep 2026.
What is the expense ratio of WhiteOak Capital Multi Cap Fund?
The expense ratio of WhiteOak Capital Multi Cap Fund is 2.25% per year.
What is the minimum SIP amount for WhiteOak Capital Multi Cap Fund?
You can start a SIP in WhiteOak Capital Multi Cap Fund with ₹3,000 a month.
Is there a lock-in or exit load on WhiteOak Capital Multi Cap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 1 month..
How risky is WhiteOak Capital Multi Cap Fund?
WhiteOak Capital Multi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Multi Cap category.
Which fund house manages WhiteOak Capital Multi Cap Fund?
WhiteOak Capital Multi Cap Fund is managed by WhiteOak Capital Mutual Fund, which runs 22 schemes with ₹37,389 Cr under management.