WhiteOak Capital Mid Cap Fund vs HSBC Midcap Fund
WhiteOak Capital Mid Cap Fund (Direct) and HSBC Midcap 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 Mid Cap Fund schemes — see the best mid cap mutual funds for the full ranking.
Head to head
NAVs as of 01 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Nov 2022 – 01 Oct 2026, limited by HSBC Midcap 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 | WhiteOak Capital Mid Cap Fund | HSBC Midcap Fund | Nifty Midcap 150 TRI |
|---|---|---|---|
| 28 Nov 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 25 Mar 2023 | ₹91.65 | ₹94.85 | ₹93.19 |
| 20 Jul 2023 | ₹116.81 | ₹112.61 | ₹115.63 |
| 14 Nov 2023 | ₹128.11 | ₹127.14 | ₹128.56 |
| 10 Mar 2024 | ₹148.08 | ₹151.32 | ₹151.70 |
| 05 Jul 2024 | ₹176.20 | ₹184.78 | ₹180.44 |
| 30 Oct 2024 | ₹183.70 | ₹186.86 | ₹177.15 |
| 23 Feb 2025 | ₹165.81 | ₹159.93 | ₹158.61 |
| 20 Jun 2025 | ₹191.05 | ₹186.65 | ₹181.20 |
| 15 Oct 2025 | ₹202.35 | ₹197.63 | ₹186.04 |
| 09 Feb 2026 | ₹202.28 | ₹199.75 | ₹190.59 |
| 06 Jun 2026 | ₹211.58 | ₹218.10 | ₹190.89 |
| 01 Oct 2026 | ₹216.11 | ₹221.37 | ₹186.05 |
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 →
- 100 stocks only in WhiteOak Capital Mid Cap Fund
- 31 stocks in both — 24.1% of each portfolio by weight
- 36 stocks only in HSBC Midcap Fund
The more the circles overlap, the more the funds hold the same stocks.
WhiteOak Capital Mid Cap Fund and HSBC Midcap Fund share 24% of their equity book by weight.
Shared holdings — WhiteOak Capital Mid Cap Fund vs HSBC Midcap Fund
| Stock | WhiteOak Capital Mid Cap Fund | HSBC Midcap Fund | |
|---|---|---|---|
| The Federal Bank Limited | 3.04% | 3.99% | 3.04% |
| PB Fintech Limited | 3.01% | 3.90% | 3.01% |
| Coforge Limited | 3.33% | 1.93% | 1.93% |
| Lenskart Solutions Limited | 1.84% | 4.85% | 1.84% |
| IPCA Laboratories Limited | 1.57% | 1.76% | 1.57% |
| IndusInd Bank Limited | 1.75% | 1.29% | 1.29% |
| FSN E-Commerce Ventures Limited | 1.10% | 3.64% | 1.10% |
| Multi Commodity Exchange of India Limited | 1.09% | 1.64% | 1.09% |
| Mahindra & Mahindra Financial Services Limited | 1.00% | 2.29% | 1.00% |
| Navin Fluorine International Limited | 0.92% | 2.08% | 0.92% |
| Mankind Pharma Limited | 0.92% | 2.12% | 0.92% |
| Hitachi Energy India Limited | 0.90% | 2.21% | 0.90% |
| GE Vernova T&D India Limited | 0.88% | 3.22% | 0.88% |
| Ather Energy Limited | 0.80% | 3.60% | 0.80% |
| One 97 Communications Limited | 0.71% | 1.48% | 0.71% |
16 more stocks in common. 31 shared of 131 / 67 positions. Weights are shown as a share of each fund's equity book.
| Metric | WhiteOak Capital · Direct NAV ₹22.34 Very High risk ★★★★★ | HSBC · Direct NAV ₹513.13 Very High risk ★★★★☆ | Category median Mid Cap Fund · 34 funds |
|---|---|---|---|
| +10.74% | +15.93%Best in row | +4.61% | |
| +20.06% | +21.81%Best in row | +15.37% | |
| +21.64% | +22.98% | +17.62% | |
| +18.66% | +19.71%Best in row | — | |
| +25.65% | +25.72% | +20.12% | |
| Risk | |||
| 15.97%Best in row | 18.77% | 16.17% | |
| 0.85 | 0.82 | 0.56 | |
| 1.16Best in row | 1.10 | 0.75 | |
| -19.33% | -25.96% | -32.95% | |
| +6.12% | +7.18%Best in row | +2.15% | |
| 0.91 | 1.04 | 0.95 | |
| 107.4% | 116.5%Best in row | 98.6% | |
| 83.7%Best in row | 90.4% | 89.7% | |
| 0.93%Best in row | 1.10% | 0.94% | |
| ₹5,514Cr | ₹13,701Cr | ₹7,103Cr | |
| None | Up to 1.00% | — | |
| ₹100 | ₹500 | — | |
| ₹500 | ₹5.00K | — | |
| 240% | 131% | 61% | |
| Dheeresh Pathak · 2.5y | Sonal Gupta · 3.9y | — | |
| 08 Sep 2022 | 28 Nov 2022 | — | |
| 131 | 75 | — | |
| 23.7% | 37.1% | — | |
| 6.2% | 0.8% | — | |
6 rows carry the same value for every fund — show
- 5Y return (CAGR)
- —
- 10Y return (CAGR)
- —
- 5Y rolling avg
- —
- 10Y rolling avg
- —
- Benchmark
- Nifty Midcap 150 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 — WhiteOak Capital Mid Cap Fund or HSBC Midcap Fund?
Over the last 3 years, HSBC Midcap Fund returned +21.81% CAGR against WhiteOak Capital Mid Cap Fund's +20.06%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — WhiteOak Capital Mid Cap Fund or HSBC Midcap Fund?
WhiteOak Capital Mid Cap Fund has the lower expense ratio: WhiteOak Capital Mid Cap Fund charges 0.93% a year against HSBC Midcap Fund's 1.10%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — WhiteOak Capital Mid Cap Fund or HSBC Midcap Fund?
HSBC Midcap Fund has shown higher volatility (+18.77% annualized vs WhiteOak Capital Mid Cap Fund's +15.97%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: WhiteOak Capital Mid Cap Fund -19.33% vs HSBC Midcap Fund -25.96%.
Which fund manages more money — WhiteOak Capital Mid Cap Fund or HSBC Midcap Fund?
HSBC Midcap Fund is the larger fund: WhiteOak Capital Mid Cap Fund manages ₹5,514Cr against HSBC Midcap Fund's ₹13,701Cr 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 WhiteOak Capital Mid Cap Fund and HSBC Midcap Fund in the same category?
Yes — both are Mid 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.