HSBC Multi Cap Fund vs WhiteOak Capital Multi Cap Fund
HSBC Multi Cap Fund (Direct) and WhiteOak Capital Multi Cap Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Multi Cap Fund schemes — see the best multi cap mutual funds for the full ranking.
Head to head
NAVs as of 04 Nov 2026
Growth of ₹100 (rebased over the selected window)
Common period 25 Sep 2023 – 04 Nov 2026, limited by WhiteOak Capital Multi Cap Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | HSBC Multi Cap Fund | WhiteOak Capital Multi Cap Fund | Nifty 500 TRI |
|---|---|---|---|
| 25 Sep 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 29 Dec 2023 | ₹117.21 | ₹113.98 | ₹112.85 |
| 01 Apr 2024 | ₹128.99 | ₹121.12 | ₹119.37 |
| 05 Jul 2024 | ₹150.31 | ₹139.17 | ₹134.28 |
| 08 Oct 2024 | ₹152.29 | ₹147.25 | ₹137.72 |
| 10 Jan 2025 | ₹146.20 | ₹143.80 | ₹128.05 |
| 15 Apr 2025 | ₹137.21 | ₹136.52 | ₹125.40 |
| 19 Jul 2025 | ₹153.05 | ₹155.19 | ₹137.55 |
| 21 Oct 2025 | ₹157.02 | ₹160.11 | ₹140.85 |
| 24 Jan 2026 | ₹147.97 | ₹152.16 | ₹135.01 |
| 29 Apr 2026 | ₹156.55 | ₹156.47 | ₹136.41 |
| 01 Aug 2026 | ₹163.98 | ₹168.19 | ₹140.31 |
| 04 Nov 2026 | ₹162.85 | ₹165.43 | ₹133.39 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 54 stocks only in HSBC Multi Cap Fund
- 47 stocks in both — 31.5% of each portfolio by weight
- 144 stocks only in WhiteOak Capital Multi Cap Fund
The more the circles overlap, the more the funds hold the same stocks.
HSBC Multi Cap Fund and WhiteOak Capital Multi Cap Fund share 32% of their equity book by weight.
Shared holdings — HSBC Multi Cap Fund vs WhiteOak Capital Multi Cap Fund
| Stock | HSBC Multi Cap Fund | WhiteOak Capital Multi Cap Fund | |
|---|---|---|---|
| HDFC Bank Limited | 2.85% | 2.38% | 2.38% |
| ICICI Bank Limited | 2.34% | 5.76% | 2.34% |
| State Bank of India | 1.99% | 1.85% | 1.85% |
| Eternal Limited | 1.45% | 1.92% | 1.45% |
| The Federal Bank Limited | 2.62% | 1.35% | 1.35% |
| Reliance Industries Limited | 2.02% | 1.35% | 1.35% |
| Kotak Mahindra Bank Limited | 1.27% | 1.28% | 1.27% |
| Bharti Airtel Limited | 1.19% | 3.05% | 1.19% |
| Torrent Pharmaceuticals Limited | 0.98% | 1.29% | 0.98% |
| Titan Company Limited | 0.86% | 1.04% | 0.86% |
| Lenskart Solutions Limited | 1.05% | 0.84% | 0.84% |
| Bharat Heavy Electricals Limited | 0.96% | 0.84% | 0.84% |
| TD Power Systems Limited | 3.07% | 0.74% | 0.74% |
| Navin Fluorine International Limited | 1.99% | 0.68% | 0.68% |
| City Union Bank Limited | 0.93% | 0.68% | 0.68% |
32 more stocks in common. 47 shared of 101 / 191 positions. Weights are shown as a share of each fund's equity book.
| Metric | HSBC · Direct NAV ₹20.55 Very High risk ★★★★☆ | WhiteOak Capital · Direct NAV ₹16.57 Very High risk ★★★★★ | Category median Multi Cap Fund · 33 funds |
|---|---|---|---|
| +3.18%Best in row | +2.50% | +2.04% | |
| +17.10% | +18.14%Best in row | +14.57% | |
| +21.12% | +17.57% | +14.38% | |
| +20.99%Best in row | +17.82% | +17.82% | |
| Risk | |||
| 16.36% | 14.56%Best in row | 15.02% | |
| 0.65 | 0.80Best in row | 0.56 | |
| 0.88 | 1.09Best in row | 0.76 | |
| -20.07% | -16.93% | -19.95% | |
| +5.35% | +6.39%Best in row | +3.02% | |
| 1.06 | 0.96 | 1.01 | |
| 123.3%Best in row | 117.5% | 109.9% | |
| 103.7% | 88.9%Best in row | 100.0% | |
| 0.79%Best in row | 0.88% | 0.96% | |
| ₹6,264Cr | ₹4,222Cr | ₹3,532Cr | |
| Up to 1.00% | None | — | |
| ₹500 | ₹100 | — | |
| ₹5.00K | ₹500 | — | |
| 46% | 170% | 63% | |
| Venugopal Manghat · 3.8y | Dheeresh Pathak · 2.6y | — | |
| 30 Jan 2023 | 22 Sep 2023 | — | |
| 101 | 194 | — | |
| 22.9% | 20.7% | — | |
| 1.8% | 4.2% | — | |
7 rows carry the same value for every fund — show
- 5Y return (CAGR)
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- 10Y return (CAGR)
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- 5Y SIP XIRR
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- 5Y rolling avg
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- 10Y rolling avg
- —
- Benchmark
- Nifty 500 TRI
- Lock-in
- None
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — HSBC Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
Over the last 3 years, WhiteOak Capital Multi Cap Fund returned +18.14% CAGR against HSBC Multi Cap Fund's +17.10%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — HSBC Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
HSBC Multi Cap Fund has the lower expense ratio: HSBC Multi Cap Fund charges 0.79% a year against WhiteOak Capital Multi Cap Fund's 0.88%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — HSBC Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
HSBC Multi Cap Fund has shown higher volatility (+16.36% annualized vs WhiteOak Capital Multi Cap Fund's +14.56%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HSBC Multi Cap Fund -20.07% vs WhiteOak Capital Multi Cap Fund -16.93%.
Which fund manages more money — HSBC Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
HSBC Multi Cap Fund is the larger fund: HSBC Multi Cap Fund manages ₹6,264Cr against WhiteOak Capital Multi Cap Fund's ₹4,222Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are HSBC Multi Cap Fund and WhiteOak Capital Multi Cap Fund in the same category?
Yes — both are Multi Cap Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.