HybridBalanced Hybrid FundRegularGrowthModerately High

WhiteOak Capital Balanced Hybrid Fund

Q: What is the NAV of WhiteOak Capital Balanced Hybrid Fund?

As of 01 Oct 2026, the NAV of WhiteOak Capital Balanced Hybrid Fund is ₹13.01 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has WhiteOak Capital Balanced Hybrid Fund delivered?

WhiteOak Capital Balanced Hybrid Fund has returned +0.51% over 1 year and +9.35% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund charges an expense ratio of 2.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund's largest holdings are ICICI Bank Limited (5.6%), 6.94% Government of India (11/05/2036) (5.0%), 8.06% Bajaj Finance Limited (15/05/2029) (3.3%), HDFC Bank Limited (2.7%) and HDFC Bank Limited (21/09/2026) (2.6%). Holdings are disclosed monthly and change over time.

Q: How risky is WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.8% and its worst peak-to-trough fall in our sample was -8.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. Its alpha and beta on this page are measured against that index.

Q: Who manages WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund is managed by Piyush Baranwal, Ashish Agrawal, Ramesh Mantri, Dheeresh Pathak and Trupti Agarwal at WhiteOak Capital.

Q: How is WhiteOak Capital Balanced Hybrid Fund taxed?

WhiteOak Capital Balanced Hybrid Fund is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.

WhiteOak Capital Mutual Fund

NAV

₹13.01

-0.49% 1D

as of 01 Oct 2026

This is the Regular plan of WhiteOak Capital Balanced Hybrid Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

+1.08%CAGR

52-week rangePrev NAV ₹13.08

Latest ₹13.01

Low ₹12.1964th percentile of its 52-week rangeHigh ₹13.47

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.25%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

22.46

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹500

CRISIL Hybrid 50+50 Moderate Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

30 Oct 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.08%

Absolute return over the last 3 months (not annualized)

-1.02%

Absolute return over the last 6 months (not annualized)

+6.75%

Absolute return since 1 Jan of this year (not annualized)

-1.77%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+0.51%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+9.35%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

7.77%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-8.88%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

2.16%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.56

How much of the fund's movement Nifty 50 TRI explains

90.0%

Excess return per unit of beta (market risk)

5.42

Active return over the benchmark per unit of tracking error

0.32

Annualized std dev of fund-minus-benchmark returns

6.80%

Fund's share of benchmark gains in up months (100 = matches index)

72.8%

Fund's share of benchmark losses in down months (lower is better)

47.5%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Balanced Hybrid Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.08%	—	—
3M abs	-1.02%	—	—
6M abs	+6.75%	—	—
1Y CAGR	+0.51%	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Balanced Hybrid Fund (up to 3 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.20L

Absolute

-0.13%

XIRR

-0.28%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into WhiteOak Capital Balanced Hybrid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-1.77%	-12.85%	+11.08%
2025	+6.60%	+11.97%	-5.37%
2024	+15.45%	+10.16%	+5.29%
2023part	+7.39%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

708

Expense ratio

2.25%

AUM

₹282.85Cr

Portfolio turnover

88%

Exit load

Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

22.5

P/B ratio

4.9

Avg market cap

₹4,16,085Cr

P/E & P/B are portfolio-weighted harmonic means across 97 of 117 equity holdings (49% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Balanced Hybrid Fund

Compare all


WhiteOak Capital Balanced Hybrid FundThis fund WhiteOak Capital · Regular · Growth	★★☆☆☆ 1Y CAT	+0.51%	—	—	—	2.25%	₹282.85Cr
360 ONE Balanced Hybrid Fund 360 One · Regular · Growth	★★★★☆ CAT	+2.16%	+8.80%	—	—	2.19%	₹734.54Cr
ICICI Prudential Balanced Hybrid Fund ICICI Prudential · Regular · Growth	—	—	—	—	—	2.33%	—
SBI Balanced Hybrid Fund SBI · Regular · Growth	—	—	—	—	—	4.70%	—
360 ONE Balanced Hybrid Fund 360 One · Direct · Growth	★★★★☆ CAT	+3.73%	+10.45%	—	25.16	0.62%	₹734.54Cr
360 ONE Balanced Hybrid Fund 360 One · Direct · IDCW	—	+3.73%	+10.45%	—	—	0.62%	₹734.54Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap66.9%
Mid cap11.6%
Small cap21.6%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity51.76%
Debt38.02%
Cash & Equivalents6.53%
Real Estate / REITs3.69%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
WhiteOak Capital Balanced Advantage Fund WhiteOak Capital · Dynamic Asset Allocation or Balanced Advantage	86.5% of 67% equity	★★★★☆	0.83%	+11.00%
WhiteOak Capital Multi Asset Allocation Fund WhiteOak Capital · Multi Asset Allocation	81.9% of 29% equity	★★★★☆	0.65%	+16.52%
WhiteOak Capital Flexi Cap Fund WhiteOak Capital · Flexi Cap Fund	80.8%	★★★★★	0.82%	+13.39%
WhiteOak Capital Aggressive Hybrid Fund WhiteOak Capital · Aggressive Hybrid Fund	79.8% of 69% equity	—	1.20%	—
WhiteOak Capital ELSS Tax Saver Fund WhiteOak Capital · ELSS	79.6%	★★★★★	0.86%	+14.95%
WhiteOak Capital Large Cap Fund WhiteOak Capital · Large Cap Fund	68.5%	★★★★★	0.92%	+11.86%
WhiteOak Capital Multi Cap Fund WhiteOak Capital · Multi Cap Fund	62.3%	★★★★☆	0.88%	+17.17%
WhiteOak Capital ESG Best-In-Class Strategy Fund WhiteOak Capital · Sectoral/ Thematic	58.5%	★★☆☆☆	0.98%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

3 holdings — 0.79% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I0.37%
Shilpa Medicare LimitedLong-term · Stage I0.31%
Shivalik Bimetal Controls LimitedLong-term · Stage I0.11%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-8.9%26 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 06 Jun 2025 — 3 months under water after the low.
-8.9%20 Nov 2025 → 23 Mar 2026
Fell over 4 months, back to the old high on 03 Aug 2026 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹282.85Cr

April - June 2026

+5%

since January - March 2026

+₹20.13Cr

est. net flow, last quarter

At or near its largest, ₹282.85Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

WhiteOak Capital Mutual Fund is run by WhiteOak Capital Asset Management, founded by Prashant Khemka, previously chief investment officer of Goldman Sachs' India equity business. The house entered mutual funds by acquiring YES Mutual Fund in 2021 and now runs a broad equity and hybrid range.

Launched

02 Jul 2018

Total AUM

₹44,845Cr+19.9% QoQ

Avg AUM · July - September 2026

Website

mf.whiteoakamc.com

Fund Managers

PBPiyush BaranwalStart date not disclosed

Role

Senior Fund Manager

Education

Bachelor of Engineering, PGDBM, clearedall 3 levels of CFA

Experience

Over 18 years' experience in Portfolio Management and trading in Fixed Income securities. WhiteOak Capital Asset Management Limited (November 01, 2021 - till date) 2. YES Asset Management (India) Limited (October 22, 2018 – October 31, 2021) 3. BOI AXA Investment Managers (July 2014 - October 19, 2018)

Funds managed (21)

All schemes Piyush Baranwal runs →

AAAshish AgrawalManaging since 06 Jan 2025

Education

PGDM (Finance)

Experience

Over 18 years’ of experience in Financial market: 1. WhiteOak Capital Asset Management Limited (August 2022 - till date) 2. Motilal Oswal Asset Management Company Limited (September 2016 – July 2022) 3. Citi Group Global Markets India Pvt Ltd (October 2010 - September 2016) in the last

Funds managed (19)

All schemes Ashish Agrawal runs →

RMRamesh MantriStart date not disclosed

Role

CIO - Equities

Education

MBA, CFA

Experience

Over 20 years' experience in Financial market: 1. WhiteOak Capital Asset Management Limited (December 21, 2021 - till date) 2. White Oak Capital Management (June 2017 – December 20, 2021) 3. Ashoka Capital Advisers (February 2013 - May 2017)

Funds managed (19)

All schemes Ramesh Mantri runs →

DPDheeresh PathakManaging since 01 Apr 2024

Education

PGDBM, BE Fund (Electronics & Communication Engineering)

Experience

Over 16 years’ of experience in Financial Market: 1. WhiteOak Capital Asset Management Limited (June, 2022 - till date) 2. Goldman Sachs (April 2007 - June 2021)

Funds managed (18)

All schemes Dheeresh Pathak runs →

TATrupti AgarwalStart date not disclosed

Role

Fund Manager for Overseas Investments

Education

B.Com, CA Fund

Experience

Over 16 years of experience.: 1. WhiteOak Capital Asset Management Limited (December 21, 2021 - till date) 2. WhiteOak Capital (July 2017 – December 20, 2021) 3. Khoob Saree (December 2015 - March 2017)

Funds managed (18)

All schemes Trupti Agarwal runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Piyush Baranwal Ashish Agrawal Ramesh Mantri Dheeresh Pathak Trupti Agarwal

Top holdings

ICICI Bank Limited HDFC Bank Limited Bharti Airtel Limited Nestle India Limited Mahindra & Mahindra Limited Eternal Limited State Bank of India Reliance Industries Limited Kotak Mahindra Bank Limited Titan Company Limited Torrent Pharmaceuticals Limited Maruti Suzuki India Limited

WhiteOak Capital in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Hybrid funds

Hybrid funds mix equity and debt in one portfolio. The bond portion cushions falls, offering a middle path between the growth of equity and the stability of debt.

Frequently asked questions

What is the NAV of WhiteOak Capital Balanced Hybrid Fund?

As of 01 Oct 2026, the NAV of WhiteOak Capital Balanced Hybrid Fund is ₹13.01 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has WhiteOak Capital Balanced Hybrid Fund delivered?

WhiteOak Capital Balanced Hybrid Fund has returned +0.51% over 1 year and +9.35% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund charges an expense ratio of 2.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund's largest holdings are ICICI Bank Limited (5.6%), 6.94% Government of India (11/05/2036) (5.0%), 8.06% Bajaj Finance Limited (15/05/2029) (3.3%), HDFC Bank Limited (2.7%) and HDFC Bank Limited (21/09/2026) (2.6%). Holdings are disclosed monthly and change over time.

How risky is WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.8% and its worst peak-to-trough fall in our sample was -8.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. Its alpha and beta on this page are measured against that index.

Who manages WhiteOak Capital Balanced Hybrid Fund?

WhiteOak Capital Balanced Hybrid Fund is managed by Piyush Baranwal, Ashish Agrawal, Ramesh Mantri, Dheeresh Pathak and Trupti Agarwal at WhiteOak Capital.

How is WhiteOak Capital Balanced Hybrid Fund taxed?

WhiteOak Capital Balanced Hybrid Fund is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.