EquitySectoral/ ThematicRegularGrowthVery High

WhiteOak Capital Quality Equity Fund

Q: What is the NAV of WhiteOak Capital Quality Equity Fund?

As of 01 Oct 2026, the NAV of WhiteOak Capital Quality Equity Fund is ₹9.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has WhiteOak Capital Quality Equity Fund delivered?

WhiteOak Capital Quality Equity Fund has returned -6.81% over 1 year and -2.32% 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 Quality Equity Fund?

WhiteOak Capital Quality Equity Fund charges an expense ratio of 2.69% 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 Quality Equity Fund?

WhiteOak Capital Quality Equity Fund's largest holdings are ICICI Bank Limited (9.9%), Nestle India Limited (6.9%), Bharti Airtel Limited (6.0%), Torrent Pharmaceuticals Limited (4.4%) and Mahindra & Mahindra Limited (4.1%). Holdings are disclosed monthly and change over time.

Q: How risky is WhiteOak Capital Quality Equity Fund?

WhiteOak Capital Quality Equity Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.1% and its worst peak-to-trough fall in our sample was -16.8%. 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 Quality Equity Fund?

WhiteOak Capital Quality Equity Fund is benchmarked against the NIFTY Equity Savings TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages WhiteOak Capital Quality Equity Fund?

WhiteOak Capital Quality Equity Fund is managed by Ramesh Mantri, Piyush Baranwal, Trupti Agarwal, Dheeresh Pathak, Ashish Agrawal and Bhavin Patadia at WhiteOak Capital.

Q: How is WhiteOak Capital Quality Equity Fund taxed?

WhiteOak Capital Quality Equity Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

WhiteOak Capital Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹9.65

-0.74% 1D

as of 01 Oct 2026

This is the Regular plan of WhiteOak Capital Quality Equity 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

-6.16%CAGR

52-week rangePrev NAV ₹9.72

Latest ₹9.65

Low ₹8.9936th percentile of its 52-week rangeHigh ₹10.81

Scorecard

★★☆☆☆2/5 vs 229 of 255 Sectoral/ Thematic peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Sectoral/ Thematic (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 229 of the 255 Sectoral/ Thematic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

RiskLow

Volatility 12.1% vs 15.6% category avg

CostAverage

2.7% expense vs 2.5% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Sectoral/ Thematic peers (12.1% vs 15.6%)

Concerns

Trails the Sectoral/ Thematic average on 1M/3M/6M/1Y — 1Y by 9.11pp
Ranks #188 of 229 on 1-year return in its Sectoral/ Thematic cohort

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.69%

Category 2.46%▲0.23%

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

31.59

Category —

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

—

Category 0.34

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

NIFTY Equity Savings TRI

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 Jan 2025

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

Definitions

Absolute return over the last 1 month (not annualized)

-7.87%

Absolute return over the last 3 months (not annualized)

-3.88%

Absolute return over the last 6 months (not annualized)

+5.65%

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

-9.37%

Annualized returns (≥1Y — CAGR)

Definitions

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

-6.81%

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.

-2.32%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.09%

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

-16.84%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

Computed vs the Nifty 500 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 (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-7.87%	-5.13%	-2.74%
3M abs	-3.88%	-2.34%	-1.54%
6M abs	+5.65%	+10.83%	-5.18%
1Y CAGR	-6.81%	+2.30%	-9.11%
3Y CAGR	—	+12.15%	—
5Y CAGR	—	+11.03%	—

Category average across peers in Sectoral/ Thematic (254 of 255 carry a figure for at least one period), 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.

Category rank

Vs 255 peers in Sectoral/ Thematic

1Y return

-6.81%

Beats 18% · rank #188

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

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

₹1.15L

Absolute

-4.41%

XIRR

-9.42%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into WhiteOak Capital Quality Equity 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 500 TRI	Diff
2026part	-9.37%	-7.18%	-2.19%
2025part	+6.10%	—	—

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.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Fund manager change — now managed by Bhavin Patadia
05 Oct 2026

History points

412

Expense ratio

2.69%

AUM

₹609.22Cr

Portfolio turnover

164%

Exit load

Nil

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

P/E ratio

31.6

P/B ratio

7.2

Avg market cap

₹3,20,458Cr

P/E & P/B are portfolio-weighted harmonic means across 43 of 51 equity holdings (81% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

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 · Sectoral/ Thematic

Compare all


WhiteOak Capital Quality Equity FundThis fund WhiteOak Capital · Regular · Growth	★★☆☆☆ 1Y	-6.81%	—	—	—	2.69%	₹609.22Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · Growth	★★★★☆	+118.60%	+60.45%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · Growth	★★★★☆	+21.45%	+34.62%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · Growth	★★★★★	+25.19%	+28.72%	—	—	2.11%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · Growth	★★★☆☆	+32.21%	+22.88%	+8.49%	—	2.47%	₹720.84Cr
Aditya Birla Sun Life International Equity Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+17.38%	+21.97%	+12.58%	—	2.54%	₹320.62Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap57.4%
Mid cap24.1%
Small cap18.5%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity86.56%
Real Estate / REITs5.04%
Debt4.69%
Cash & Equivalents3.71%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
WhiteOak Capital ESG Best-In-Class Strategy Fund WhiteOak Capital · Sectoral/ Thematic	69.0%	★★☆☆☆	0.98%	—
WhiteOak Capital Consumption Opportunities Fund WhiteOak Capital · Sectoral/ Thematic	51.9%	—	1.09%	—
WhiteOak Capital Large Cap Fund WhiteOak Capital · Large Cap Fund	50.5%	★★★★★	0.92%	+11.86%
WhiteOak Capital Balanced Hybrid Fund WhiteOak Capital · Balanced Hybrid Fund	48.2% of 52% equity	★★★☆☆	0.71%	—
WhiteOak Capital Balanced Advantage Fund WhiteOak Capital · Dynamic Asset Allocation or Balanced Advantage	46.9% of 67% equity	★★★★☆	0.83%	+11.00%
WhiteOak Capital Aggressive Hybrid Fund WhiteOak Capital · Aggressive Hybrid Fund	46.8% of 69% equity	—	1.20%	—
WhiteOak Capital Flexi Cap Fund WhiteOak Capital · Flexi Cap Fund	45.9%	★★★★★	0.82%	+13.39%
WhiteOak Capital Multi Asset Allocation Fund WhiteOak Capital · Multi Asset Allocation	45.6% of 29% equity	★★★★☆	0.65%	+16.52%

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.

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.

-16.8%26 Nov 2025 → 30 Mar 2026
Still below that high — 4 months down, and no recovery yet.
-8.8%05 Feb 2025 → 07 Apr 2025
Fell over 2 months, back to the old high on 12 May 2025 — 35 days 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

₹609.22Cr

April - June 2026

-3%

since January - March 2026

+₹8.70Cr

est. net flow, last quarter

At or near its largest, ₹625.06Cr in January - March 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

RMRamesh MantriManaging since 12 Mar 2025

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 →

PBPiyush BaranwalManaging since 12 Mar 2025

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 →

TATrupti AgarwalManaging since 12 Mar 2025

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 →

DPDheeresh PathakManaging since 12 Mar 2025

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 →

AAAshish AgrawalManaging since 12 Mar 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 →

BPBhavin PatadiaManaging since 12 Mar 2025

Education

MBA in Financial

Experience

Over 16 years' experience in Portfolio Management and trading in Fixed Income securities. 1. WhiteOak Capital Asset Management Limited (November 06, 2024 - till date) 2. Edelweiss Asset Management Limited (July 2019 – November 05, 2024) 3. Bandhan Mutual Fund (previously IDFC Mutual Fund) (September 2016 – July 2019) 4. Standard Chartered Securities (July 2015 – September 2016) in the last

Funds managed (2)

All schemes Bhavin Patadia runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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

Ramesh Mantri Piyush Baranwal Trupti Agarwal Dheeresh Pathak Ashish Agrawal Bhavin Patadia

Top holdings

ICICI Bank Limited Nestle India Limited Bharti Airtel Limited Torrent Pharmaceuticals Limited Mahindra & Mahindra Limited Titan Company Limited Marico Limited Maruti Suzuki India Limited Pidilite Industries Limited Info Edge (India) Limited Eternal Limited Global Health 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 Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of WhiteOak Capital Quality Equity Fund?

As of 01 Oct 2026, the NAV of WhiteOak Capital Quality Equity Fund is ₹9.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has WhiteOak Capital Quality Equity Fund delivered?

WhiteOak Capital Quality Equity Fund has returned -6.81% over 1 year and -2.32% 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 Quality Equity Fund?

WhiteOak Capital Quality Equity Fund charges an expense ratio of 2.69% 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 Quality Equity Fund?

WhiteOak Capital Quality Equity Fund's largest holdings are ICICI Bank Limited (9.9%), Nestle India Limited (6.9%), Bharti Airtel Limited (6.0%), Torrent Pharmaceuticals Limited (4.4%) and Mahindra & Mahindra Limited (4.1%). Holdings are disclosed monthly and change over time.

How risky is WhiteOak Capital Quality Equity Fund?

WhiteOak Capital Quality Equity Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.1% and its worst peak-to-trough fall in our sample was -16.8%. 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 Quality Equity Fund?

WhiteOak Capital Quality Equity Fund is benchmarked against the NIFTY Equity Savings TRI. Its alpha and beta on this page are measured against that index.

Who manages WhiteOak Capital Quality Equity Fund?

WhiteOak Capital Quality Equity Fund is managed by Ramesh Mantri, Piyush Baranwal, Trupti Agarwal, Dheeresh Pathak, Ashish Agrawal and Bhavin Patadia at WhiteOak Capital.

How is WhiteOak Capital Quality Equity Fund taxed?

WhiteOak Capital Quality Equity Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.