JM ELSS - Tax Saver Fund vs WhiteOak Capital ELSS Tax Saver Fund
JM ELSS - Tax Saver Fund (Direct) and WhiteOak Capital ELSS Tax Saver 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 ELSS schemes — see the best elss (tax saving) mutual funds for the full ranking.
Head to head
NAVs as of 08 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 17 Oct 2022 – 08 Oct 2026, limited by WhiteOak Capital ELSS Tax Saver 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 | JM ELSS - Tax Saver Fund | WhiteOak Capital ELSS Tax Saver Fund | Nifty 500 TRI |
|---|---|---|---|
| 17 Oct 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 15 Feb 2023 | ₹103.25 | ₹99.34 | ₹101.33 |
| 16 Jun 2023 | ₹115.58 | ₹110.36 | ₹109.53 |
| 15 Oct 2023 | ₹125.05 | ₹121.99 | ₹118.21 |
| 13 Feb 2024 | ₹142.22 | ₹137.84 | ₹135.02 |
| 13 Jun 2024 | ₹170.54 | ₹157.90 | ₹151.20 |
| 12 Oct 2024 | ₹188.26 | ₹177.94 | ₹162.29 |
| 10 Feb 2025 | ₹168.98 | ₹165.90 | ₹147.45 |
| 11 Jun 2025 | ₹177.93 | ₹181.10 | ₹161.66 |
| 10 Oct 2025 | ₹184.39 | ₹183.56 | ₹162.28 |
| 08 Feb 2026 | ₹179.56 | ₹181.23 | ₹163.57 |
| 09 Jun 2026 | ₹178.68 | ₹177.39 | ₹156.75 |
| 08 Oct 2026 | ₹187.49 | ₹182.11 | ₹151.98 |
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 →
- 30 stocks only in JM ELSS - Tax Saver Fund
- 24 stocks in both — 31.6% of each portfolio by weight
- 117 stocks only in WhiteOak Capital ELSS Tax Saver Fund
The more the circles overlap, the more the funds hold the same stocks.
JM ELSS - Tax Saver Fund and WhiteOak Capital ELSS Tax Saver Fund share 32% of their equity book by weight.
Shared holdings — JM ELSS - Tax Saver Fund vs WhiteOak Capital ELSS Tax Saver Fund
| Stock | JM ELSS - Tax Saver Fund | WhiteOak Capital ELSS Tax Saver Fund | |
|---|---|---|---|
| ICICI Bank Limited | 2.88% | 8.53% | 2.88% |
| HDFC Bank Limited | 2.85% | 3.83% | 2.85% |
| Bharti Airtel Limited | 2.44% | 3.88% | 2.44% |
| Reliance Industries Limited | 2.79% | 2.42% | 2.42% |
| State Bank of India | 2.18% | 2.62% | 2.18% |
| Eternal Limited | 2.09% | 2.78% | 2.09% |
| Kotak Mahindra Bank Limited | 2.08% | 2.49% | 2.08% |
| Coforge Limited | 2.31% | 2.04% | 2.04% |
| Maruti Suzuki India Limited | 1.58% | 1.62% | 1.58% |
| Mahindra & Mahindra Limited | 1.57% | 2.58% | 1.57% |
| PERSISTENT SYSTEMS LTD | 1.60% | 1.29% | 1.29% |
| Hindalco Industries Limited | 1.25% | 1.07% | 1.07% |
| Max Financial Services Limited | 1.70% | 1.05% | 1.05% |
| Navin Fluorine International Limited | 1.70% | 0.87% | 0.87% |
| Tech Mahindra Limited | 1.58% | 0.76% | 0.76% |
9 more stocks in common. 24 shared of 54 / 141 positions. Weights are shown as a share of each fund's equity book.
| Metric | JM Financial · Direct NAV ₹57.86 Very High risk ★★★☆☆ | WhiteOak Capital · Direct NAV ₹18.32 Very High risk ★★★★★ | Category median ELSS · 50 funds |
|---|---|---|---|
| +2.38%Best in row | -0.01% | -3.45% | |
| +14.78%Best in row | +14.47% | +9.81% | |
| +12.41% | — | +9.99% | |
| +15.29% | — | +12.56% | |
| +16.32% | +16.27% | +14.10% | |
| +13.23%Best in row | +11.43% | — | |
| +17.96% | +19.57%Best in row | +17.00% | |
| +17.36% | — | +17.07% | |
| +17.58% | — | +15.33% | |
| Risk | |||
| 16.24% | 14.32%Best in row | 14.41% | |
| 0.51 | 0.56 | 0.23 | |
| 0.68 | 0.76Best in row | 0.31 | |
| -37.39% | -16.36% | -36.01% | |
| +5.54%Best in row | +5.18% | +0.95% | |
| 1.02 | 0.94 | 0.97 | |
| 118.5%Best in row | 112.5% | 100.1% | |
| 95.3% | 88.9%Best in row | 95.0% | |
| 1.34% | 0.86%Best in row | 1.07% | |
| ₹243.19Cr | ₹494.27Cr | ₹859.27Cr | |
| ₹1.00K | ₹500 | — | |
| 59% | 37% | 39% | |
| Ruchi Fozdar | Dheeresh Pathak · 2.5y | — | |
| 02 Jan 2013 | 17 Oct 2022 | — | |
| 54 | 141 | — | |
| 26.7% | 34.5% | — | |
| 1.3% | 1.5% | — | |
4 rows carry the same value for every fund — show
- Benchmark
- Nifty 500 TRI
- Exit load
- None
- Lock-in
- 3 years
- Min lumpsum
- ₹500
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 — JM ELSS - Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
Over the last 3 years, JM ELSS - Tax Saver Fund returned +14.78% CAGR against WhiteOak Capital ELSS Tax Saver Fund's +14.47%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — JM ELSS - Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
WhiteOak Capital ELSS Tax Saver Fund has the lower expense ratio: JM ELSS - Tax Saver Fund charges 1.34% a year against WhiteOak Capital ELSS Tax Saver Fund's 0.86%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — JM ELSS - Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
JM ELSS - Tax Saver Fund has shown higher volatility (+16.24% annualized vs WhiteOak Capital ELSS Tax Saver Fund's +14.32%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: JM ELSS - Tax Saver Fund -20.85% vs WhiteOak Capital ELSS Tax Saver Fund -16.36%.
Which fund manages more money — JM ELSS - Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
WhiteOak Capital ELSS Tax Saver Fund is the larger fund: JM ELSS - Tax Saver Fund manages ₹243.19Cr against WhiteOak Capital ELSS Tax Saver Fund's ₹494.27Cr 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 JM ELSS - Tax Saver Fund and WhiteOak Capital ELSS Tax Saver Fund in the same category?
Yes — both are ELSS 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.