Motilal Oswal ELSS Tax Saver Fund vs WhiteOak Capital ELSS Tax Saver Fund
Motilal Oswal 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 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 17 Oct 2022 – 20 Aug 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 | Motilal Oswal ELSS Tax Saver Fund | WhiteOak Capital ELSS Tax Saver Fund | Nifty 500 |
|---|---|---|---|
| 17 Oct 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 11 Feb 2023 | ₹104.53 | ₹100.13 | ₹100.74 |
| 08 Jun 2023 | ₹113.03 | ₹107.83 | ₹106.81 |
| 03 Oct 2023 | ₹126.90 | ₹120.62 | ₹115.75 |
| 28 Jan 2024 | ₹148.07 | ₹136.21 | ₹130.10 |
| 24 May 2024 | ₹176.51 | ₹152.09 | ₹144.13 |
| 18 Sep 2024 | ₹212.79 | ₹175.96 | ₹160.33 |
| 12 Jan 2025 | ₹204.54 | ₹171.75 | ₹146.24 |
| 09 May 2025 | ₹178.78 | ₹167.80 | ₹145.41 |
| 03 Sep 2025 | ₹202.26 | ₹181.58 | ₹153.39 |
| 29 Dec 2025 | ₹200.20 | ₹184.99 | ₹158.87 |
| 25 Apr 2026 | ₹210.40 | ₹176.53 | ₹151.41 |
| 20 Aug 2026 | ₹228.57 | ₹194.81 | ₹157.74 |
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 →
Motilal Oswal ELSS Tax Saver Fund and WhiteOak Capital ELSS Tax Saver Fund share 5% of their equity book by weight.
Shared holdings — Motilal Oswal ELSS Tax Saver Fund vs WhiteOak Capital ELSS Tax Saver Fund
| Stock | Motilal Oswal ELSS Tax Saver Fund | WhiteOak Capital ELSS Tax Saver Fund | |
|---|---|---|---|
| Bharat Electronics Ltd | 2.39% | 2.47% | 2.39% |
| Muthoot Finance Ltd | 3.65% | 1.01% | 1.01% |
| S.J.S Enterprises Ltd | 3.44% | 0.62% | 0.62% |
| Shaily Engineering Plastics Ltd | 3.16% | 0.56% | 0.56% |
| Billionbrains Garage Ventures Ltd. | 3.66% | 0.41% | 0.41% |
| International Gemmological Institute (India) Ltd. | 2.21% | 0.37% | 0.37% |
6 shared of 30 / 135 positions. Weights are shown as a share of each fund's equity book.
| Metric | Motilal Oswal · Direct NAV ₹66.43 Very High risk ★★★☆☆ | WhiteOak Capital · Direct NAV ₹19.60 Very High risk ★★★★★ | Category median ELSS · 51 funds |
|---|---|---|---|
| +13.32%Best in row | +6.43% | +3.05% | |
| +23.76%Best in row | +18.81% | +14.46% | |
| +18.59% | — | +13.60% | |
| +17.85% | — | +13.74% | |
| +17.67% | +18.96%Best in row | +14.97% | |
| +20.64%Best in row | +16.22% | — | |
| +18.19% | +20.67%Best in row | +16.84% | |
| +17.33% | — | +17.15% | |
| +18.02% | — | +15.41% | |
| Risk | |||
| 19.13% | 14.19%Best in row | 14.19% | |
| 0.90 | 0.87 | 0.52 | |
| 1.24Best in row | 1.19 | 0.70 | |
| -37.72% | -16.36%Best in row | -35.94% | |
| +9.77%Best in row | +5.87% | +1.57% | |
| 1.17 | 0.93 | 0.97 | |
| 144.6%Best in row | 110.2% | 102.3% | |
| 110.9% | 80.1%Best in row | 93.6% | |
| 0.98% | 0.87%Best in row | 1.06% | |
| ₹4,627Cr | ₹453.00Cr | ₹765.87Cr | |
| 10% | 35% | 34% | |
| Rakesh Shetty | Dheeresh Pathak · 2.4y | — | |
| 22 Jan 2015 | 17 Oct 2022 | — | |
| 30 | 135 | — | |
| 42.5% | 36.3% | — | |
| 0.7% | 0.4% | — | |
5 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- Exit load
- None
- Lock-in
- 3 years
- Min SIP
- ₹500
- 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 — Motilal Oswal ELSS Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
Over the last 3 years, Motilal Oswal ELSS Tax Saver Fund returned +23.76% CAGR against WhiteOak Capital ELSS Tax Saver Fund's +18.81%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Motilal Oswal ELSS Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
WhiteOak Capital ELSS Tax Saver Fund has the lower expense ratio: Motilal Oswal ELSS Tax Saver Fund charges 0.98% a year against WhiteOak Capital ELSS Tax Saver Fund's 0.87%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Motilal Oswal ELSS Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
Motilal Oswal ELSS Tax Saver Fund has shown higher volatility (+19.13% annualized vs WhiteOak Capital ELSS Tax Saver Fund's +14.19%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Motilal Oswal ELSS Tax Saver Fund -27.71% vs WhiteOak Capital ELSS Tax Saver Fund -16.36%.
Which fund manages more money — Motilal Oswal ELSS Tax Saver Fund or WhiteOak Capital ELSS Tax Saver Fund?
Motilal Oswal ELSS Tax Saver Fund is the larger fund: Motilal Oswal ELSS Tax Saver Fund manages ₹4,627Cr against WhiteOak Capital ELSS Tax Saver Fund's ₹453.00Cr 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 Motilal Oswal 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.