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 07 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 25 Sep 2023 – 07 Sep 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 |
|---|---|---|---|
| 25 Sep 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 24 Dec 2023 | ₹116.33 | ₹112.57 | ₹110.32 |
| 23 Mar 2024 | ₹124.80 | ₹117.62 | ₹115.76 |
| 21 Jun 2024 | ₹145.25 | ₹134.19 | ₹128.74 |
| 18 Sep 2024 | ₹155.73 | ₹147.83 | ₹138.36 |
| 17 Dec 2024 | ₹157.77 | ₹153.01 | ₹133.71 |
| 17 Mar 2025 | ₹129.05 | ₹130.74 | ₹117.46 |
| 15 Jun 2025 | ₹149.22 | ₹150.42 | ₹132.62 |
| 13 Sep 2025 | ₹154.10 | ₹156.45 | ₹134.26 |
| 12 Dec 2025 | ₹155.62 | ₹159.99 | ₹137.36 |
| 11 Mar 2026 | ₹146.38 | ₹147.66 | ₹127.61 |
| 09 Jun 2026 | ₹156.91 | ₹157.10 | ₹129.51 |
| 07 Sep 2026 | ₹169.32 | ₹170.25 | ₹134.63 |
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 →
HSBC Multi Cap Fund and WhiteOak Capital Multi Cap Fund share 31% 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 Ltd | 3.27% | 3.27% | 3.27% |
| ICICI Bank Ltd | 2.51% | 6.17% | 2.51% |
| State Bank of India | 2.09% | 1.67% | 1.67% |
| The Federal Bank Ltd | 2.86% | 1.58% | 1.58% |
| Reliance Industries Ltd | 2.24% | 1.49% | 1.49% |
| Kotak Mahindra Bank Ltd | 1.28% | 1.24% | 1.24% |
| Zomato Ltd | 1.20% | 1.77% | 1.20% |
| Bharti Airtel Ltd | 1.15% | 2.74% | 1.15% |
| Torrent Pharmaceuticals Ltd | 1.07% | 1.43% | 1.07% |
| Titan Company Ltd | 0.89% | 1.15% | 0.89% |
| Bharat Heavy Electricals Ltd | 0.96% | 0.85% | 0.85% |
| Maruti Suzuki India Ltd | 0.76% | 1.04% | 0.76% |
| Max Healthcare Institute Ltd | 1.42% | 0.68% | 0.68% |
| Navin Fluorine International Ltd | 1.89% | 0.64% | 0.64% |
| Mahindra & Mahindra Ltd | 0.64% | 1.90% | 0.64% |
32 more stocks in common. 47 shared of 101 / 186 positions. Weights are shown as a share of each fund's equity book.
| Metric | HSBC · Direct NAV ₹21.37 Very High risk ★★★★☆ | WhiteOak Capital · Direct NAV ₹17.06 Very High risk ★★★★★ | Category median Multi Cap Fund · 32 funds |
|---|---|---|---|
| +10.99%Best in row | +10.09% | +10.16% | |
| +18.71% | +19.76%Best in row | +14.87% | |
| +23.48%Best in row | +19.76% | +16.28% | |
| +16.43%Best in row | +13.92% | — | |
| +22.02% | — | +18.21% | |
| Risk | |||
| 16.23% | 14.54%Best in row | 14.81% | |
| 0.75 | 0.91Best in row | 0.53 | |
| 1.02 | 1.24Best in row | 0.71 | |
| -20.07% | -16.93%Best in row | -20.01% | |
| +7.25% | +8.06%Best in row | +4.45% | |
| 1.07 | 0.95 | 1.01 | |
| 118.5%Best in row | 114.6% | 109.5% | |
| 82.3% | 71.9%Best in row | 89.3% | |
| 0.81%Best in row | 0.89% | 0.97% | |
| ₹5,538Cr | ₹3,513Cr | ₹3,392Cr | |
| ₹500 | ₹100 | — | |
| ₹5.00K | ₹500 | — | |
| 53% | 178% | 57% | |
| Cheenu Gupta | Dheeresh Pathak · 2.4y | — | |
| 03 Feb 2023 | 25 Sep 2023 | — | |
| 101 | 186 | — | |
| 21.7% | 22.3% | — | |
| 3.1% | -5.6% | — | |
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 rolling avg
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- 10Y rolling avg
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- Benchmark
- Nifty 500
- Exit load
- Up to 1.00%
- 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 +19.76% CAGR against HSBC Multi Cap Fund's +18.71%, 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 0.81% a year against WhiteOak Capital Multi Cap Fund's 0.89%. 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 (+16.23% annualized vs WhiteOak Capital Multi Cap Fund's +14.54%), 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 ₹5,538Cr against WhiteOak Capital Multi Cap Fund's ₹3,513Cr 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.