EquitySectoral/ ThematicDirectGrowthVery High

WhiteOak Capital Consumption Opportunities Fund

Q: What is the NAV of WhiteOak Capital Consumption Opportunities Fund?

As of 05 Oct 2026, the NAV of WhiteOak Capital Consumption Opportunities Fund is ₹9.94 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has WhiteOak Capital Consumption Opportunities Fund delivered?

WhiteOak Capital Consumption Opportunities Fund has returned -0.70% 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 Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund charges an expense ratio of 1.09% 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 Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund's largest holdings are Bharti Airtel Limited (7.6%), Nestle India Limited (7.1%), Eternal Limited (6.9%), Mahindra & Mahindra Limited (6.8%) and Titan Company Limited (5.2%). Holdings are disclosed monthly and change over time.

Q: How risky is WhiteOak Capital Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.0% and its worst peak-to-trough fall in our sample was -13.7%. 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 Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund is benchmarked against the Nifty India Consumption Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages WhiteOak Capital Consumption Opportunities Fund?

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

Q: How is WhiteOak Capital Consumption Opportunities Fund taxed?

WhiteOak Capital Consumption Opportunities 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

₹9.94

+0.53% 1D

as of 05 Oct 2026

This is the Direct plan of WhiteOak Capital Consumption Opportunities Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

-0.70%absolute

52-week rangePrev NAV ₹9.89

Latest ₹9.94

Low ₹8.6464th percentile of its 52-week rangeHigh ₹10.66

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

RiskModerate

Volatility 15.0% vs 15.7% category avg

CostLow

1.1% expense vs 1.3% 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

Low expense ratio (1.09%) vs the Sectoral/ Thematic average of 1.27%

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.09%

Category 1.27%▼0.18%

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

41.15

Category 28.61▲12.54

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

—

Category 0.45

Scheme Info

Definitions

Plan

Direct · 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

₹100

Nifty India Consumption Total Return Index (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.

11 Feb 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-4.86%

Absolute return over the last 3 months (not annualized)

-3.07%

Absolute return over the last 6 months (not annualized)

+12.41%

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

-0.70%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

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.

-0.70%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.97%

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

-13.66%

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	-4.86%	-4.47%	-0.39%
3M abs	-3.07%	-2.32%	-0.75%
6M abs	+12.41%	+12.06%	+0.35%
1Y CAGR	—	+3.39%	—
3Y CAGR	—	+13.80%	—
5Y CAGR	—	+12.04%	—

Category average across peers in Sectoral/ Thematic (up to 255 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

₹70.00K

Current value

₹70.43K

Absolute

+0.62%

XIRR

+2.45%

Value vs. invested

ValueInvested

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

History points

159

Expense ratio

1.09%

AUM

₹104.39Cr

Portfolio turnover

59%

Exit load

Nil

P/E ratio

41.1

P/B ratio

9.1

Avg market cap

₹2,50,348Cr

P/E & P/B are portfolio-weighted harmonic means across 35 of 41 equity holdings (80% 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 Consumption Opportunities FundThis fund WhiteOak Capital · Direct · Growth	—	—	—	—	41.15	1.09%	₹104.39Cr
Nippon India Taiwan Equity Fund Nippon India · Direct · Growth	★★★★☆	+128.11%	+63.78%	—	—	1.06%	₹1,110Cr
HDFC Defence Fund HDFC · Direct · Growth	★★★★☆	+20.18%	+36.05%	—	57.59	0.89%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Direct · Growth	★★★★★	+25.57%	+29.81%	—	44.12	1.03%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Direct · Growth	★★★☆☆	+32.46%	+25.00%	+9.83%	26.07	1.21%	₹720.84Cr
Nippon India Japan Equity Fund Nippon India · Direct · Growth	★★★☆☆	+30.50%	+24.42%	+12.14%	—	1.37%	₹330.20Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap50.4%
Mid cap16.2%
Small cap33.5%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity90.23%
Cash & Equivalents4.46%
Real Estate / REITs2.82%
Debt2.49%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
WhiteOak Capital Quality Equity Fund WhiteOak Capital · Sectoral/ Thematic	51.9%	★★☆☆☆	1.03%	—
Union Consumption Fund Union · Sectoral/ Thematic	50.4%	—	1.37%	—
Axis Consumption Fund Axis · Sectoral/ Thematic	49.0%	★★☆☆☆	0.88%	—
Edelweiss Consumption Fund Edelweiss · Sectoral/ Thematic	45.2%	★★☆☆☆	0.95%	—
Baroda BNP Paribas India Consumption Fund Baroda BNP Paribas · Sectoral/ Thematic	45.1%	★★★☆☆	0.95%	+8.64%
Mirae Asset Great Consumer Fund Mirae Asset · Sectoral/ Thematic	42.7%	★★★☆☆	0.70%	+9.52%
SBI Nifty India Consumption Index Fund SBI · Index Funds	41.6%	★☆☆☆☆	0.43%	—
HDFC Nifty India Consumption Index Fund HDFC · Index Funds	41.6%	—	0.44%	—

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)

1 holding — 0.92% 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.

BlueStone Jewellery and Lifestyle LimitedLong-term · Stage I0.92%

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.

-13.7%11 Feb 2026 → 23 Mar 2026
Fell over 40 days, back to the old high on 30 Jun 2026 — 3 months under water after the low.
-7.2%25 Aug 2026 → 01 Oct 2026
Still below that high — 37 days down, and no recovery yet.

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

₹104.39Cr

April - June 2026

+107%

since January - March 2026

At or near its largest, ₹104.39Cr 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.

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 AgrawalStart date not disclosed

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 PathakStart date not disclosed

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

Bharti Airtel Limited Nestle India Limited Eternal Limited Mahindra & Mahindra Limited Titan Company Limited Maruti Suzuki India Limited TIMEX GROUP INDIA LIMITED Marico Limited Ather Energy Limited Vishal Mega Mart Limited Max Healthcare Institute Limited Indigo Paints 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.

From the blog

New mutual funds in February 2026: 22 launches
05 Mar 2026
22 new schemes published a first NAV in February 2026, double January's 11. Eleven were active equity funds, seven of them sectoral or thematic.

Frequently asked questions

What is the NAV of WhiteOak Capital Consumption Opportunities Fund?

As of 05 Oct 2026, the NAV of WhiteOak Capital Consumption Opportunities Fund is ₹9.94 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has WhiteOak Capital Consumption Opportunities Fund delivered?

WhiteOak Capital Consumption Opportunities Fund has returned -0.70% 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 Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund charges an expense ratio of 1.09% 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 Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund's largest holdings are Bharti Airtel Limited (7.6%), Nestle India Limited (7.1%), Eternal Limited (6.9%), Mahindra & Mahindra Limited (6.8%) and Titan Company Limited (5.2%). Holdings are disclosed monthly and change over time.

How risky is WhiteOak Capital Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.0% and its worst peak-to-trough fall in our sample was -13.7%. 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 Consumption Opportunities Fund?

WhiteOak Capital Consumption Opportunities Fund is benchmarked against the Nifty India Consumption Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages WhiteOak Capital Consumption Opportunities Fund?

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

How is WhiteOak Capital Consumption Opportunities Fund taxed?

WhiteOak Capital Consumption Opportunities 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 Consumption Opportunities Fund

Performance

Scorecard

Strengths & concerns

Strengths

Concerns

Key Metrics

Scheme Info

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

Annualized returns (≥1Y — CAGR)

Fund vs category average (Sectoral/ Thematic)

Backtest this fund

Taxation

Peer comparison · Sectoral/ Thematic

Market-cap allocation · AMFI bands, Jul 2026

Asset allocation

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

🚩Holdings under NSE surveillance (ASM)

Fund size over time

AMC Profile

Fund Managers

Explore from here

WhiteOak Capital in the news

About Sectoral & Thematic funds

From the blog

New mutual funds in February 2026: 22 launches

Frequently asked questions

Peer comparison · Sectoral/ Thematic

Market-cap allocation · AMFI bands, Jul 2026

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

🚩Holdings under NSE surveillance (ASM)