WhiteOak Capital Ultra Short Term Fund
- NAV as on 24 Sep 2026
- ₹1,460.67-0.01%1 day
- Return since launch
- 5.3%
- 52-week range
- ₹1,379.69 — ₹1,460.78
- AUM
- ₹584 Cr
WhiteOak Capital Ultra Short Term Fund is a Ultra Short Duration debt fund from WhiteOak Capital Mutual Fund with ₹584 Cr under management, launched in 2019. Over three years it has returned 6.3% a year, against 6.7% for its category. The expense ratio is 0.82% and the SEBI riskometer reading is Low to Moderate.
Performance
WhiteOak Capital Ultra Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.9% against +6.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.2% | +0.1 pts | 6.1% | 6.5% |
| 2Y | 6.1% | −0.2 pts | 6.3% | 6.5% |
| 3Y | 6.3% | −0.4 pts | 6.7% | 6.7% |
| 5Y | 6.2% | +0.2 pts | 6.0% | 6.6% |
| 7Y | 5.8% | −0.3 pts | 6.1% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.6% | 0.0 pts | 1.6% | 1.6% |
| 6M | 3.4% | −0.1 pts | 3.5% | 3.5% |
| 1Y | 5.9% | −0.3 pts | 6.1% | 6.3% |
| 2Y | 6.3% | −0.2 pts | 6.5% | 6.7% |
| 3Y | 6.4% | −0.2 pts | 6.7% | 6.8% |
| 5Y | 5.7% | −0.3 pts | 6.0% | 6.1% |
| 7Y | 5.3% | −0.7 pts | 6.0% | 5.7% |
Since launch (24 May 2019): 5.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.4% | −0.9 pts | 7.2% |
| 2024 | 6.8% | −0.8 pts | 7.6% |
| 2023 | 6.4% | −0.8 pts | 7.2% |
| 2022 | 3.9% | −0.9 pts | 4.8% |
| 2021 | 4.0% | −0.1 pts | 4.1% |
| 2020 | 3.5% | −2.2 pts | 5.8% |
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
0.82%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.69%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.12%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Ultra Short Duration Debt A-I Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.37 | 2.59 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.84 | 3.78 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.41 | 0.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
WhiteOak Capital Ultra Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt100.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Indian Bank | Financial | 8.42% | ₹49.18 Cr | — | — | +4.44% |
| National Bank For Agriculture & Rural Development | Financial | 8.30% | ₹48.46 Cr | +8.92% | +9.24% | +0.36% |
| Others | Others | 6.11% | ₹35.62 Cr | +0.84% | +0.87% | +0.72% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 5.89% | ₹34.45 Cr | +8.80% | +8.96% | +9.04% |
| Muthoot Finance Ltd. | Financial | 4.29% | ₹25.06 Cr | +4.48% | +4.68% | — |
| company:2089 | Financial | 4.29% | ₹25.05 Cr | — | — | +4.52% |
| Bajaj Housing Finance Ltd. | Financial | 4.27% | ₹24.96 Cr | +4.43% | +8.88% | — |
| Canara Bank | Financial | 4.27% | ₹24.95 Cr | +4.37% | +4.54% | +4.43% |
| Punjab National Bank | Financial | 4.27% | ₹24.94 Cr | +8.74% | +2.62% | +4.43% |
| Axis Bank Ltd. | Financial | 4.21% | ₹24.57 Cr | — | +4.53% | +3.24% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.16% | ₹24.28 Cr | +4.46% | +4.62% | +1.26% |
| ICICI Bank Ltd. | Financial | 4.15% | ₹24.27 Cr | — | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 4.14% | ₹24.18 Cr | — | — | — |
| company:13404 | Financial | 4.14% | ₹24.17 Cr | — | — | — |
| Reserve Bank of India | Financial | 3.33% | ₹19.47 Cr | +3.52% | +5.48% | +1.79% |
| company:5655 | Financial | 3.25% | ₹19.01 Cr | +4.37% | +4.53% | — |
| Godrej Industries Ltd. | Consumer Staples | 1.36% | ₹7.96 Cr | +4.10% | +4.26% | +4.19% |
| HDFC Bank Ltd. | Financial | 1.36% | ₹7.97 Cr | +4.23% | +2.67% | +4.39% |
| company:5989 | Financial | 1.11% | ₹6.47 Cr | — | — | — |
| Bank Of Baroda | Financial | 0.77% | ₹4.49 Cr | +8.09% | +0.91% | +0.36% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:2089 | 0.00% | 4.29% | +4.29% |
| company:13404 | 0.00% | 4.14% | +4.14% |
| company:5655 | 0.00% | 3.25% | +3.25% |
| Godrej Industries Ltd. | 4.17% | 1.36% | -2.81% |
| Reserve Bank of India | 0.90% | 3.33% | +2.43% |
| Cholamandalam Investment and Finance Company Ltd. | 4.53% | 3.32% | -1.21% |
| company:5989 | 0.00% | 1.11% | +1.11% |
| Bajaj Financial Securities Ltd. | 1.09% | 0.00% | -1.09% |
| Indian Bank | 8.86% | 8.42% | -0.44% |
| National Bank For Agriculture & Rural Development | 8.73% | 8.30% | -0.43% |
| HDFC Bank Ltd. | 1.08% | 1.36% | +0.28% |
| Muthoot Finance Ltd. | 4.55% | 4.29% | -0.26% |
| Bajaj Housing Finance Ltd. | 4.52% | 4.27% | -0.25% |
| Canara Bank | 4.50% | 4.27% | -0.23% |
| Punjab National Bank | 4.50% | 4.27% | -0.23% |
| Mahindra & Mahindra Financial Services Ltd. | 4.36% | 4.14% | -0.22% |
| Axis Bank Ltd. | 4.43% | 4.21% | -0.22% |
| ICICI Bank Ltd. | 4.37% | 4.15% | -0.22% |
| Small Industries Devp. Bank of India Ltd. | 4.37% | 4.16% | -0.21% |
| Bank Of Baroda | 0.81% | 0.77% | -0.04% |
| Others | 0.29% | 0.27% | -0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,772 Cr | 0.31% | 7.0% | 6.8% | 6.8% |
 HSBC Ultra Short Term Fund | ₹3,628 Cr | 0.38% | 6.8% | 6.8% | 6.8% |
 HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹2,264 Cr | 0.25% | 7.2% | — | — |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund | ₹2,164 Cr | 0.37% | 7.1% | — | — |
 ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹533 Cr | 0.22% | 7.1% | — | — |
 Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹270 Cr | 0.35% | 6.8% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate reasonable income with low volatility through investment in a portfolio comprising of debt & money market instruments.
Fund managers
- 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).
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 past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.41% absolute | ₹60,000 | ₹62,046 | 3.41% | |
| 1 year5.86% annualised | ₹1,20,000 | ₹1,23,878 | 3.23% | |
| 3 years6.44% annualised | ₹3,60,000 | ₹3,98,086 | 10.58% | |
| 5 years5.71% annualised | ₹6,00,000 | ₹6,95,820 | 15.97% |
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.