Funds/Dynamic Asset Allocation Fund/WhiteOak Capital Balanced Advantage Fund

WhiteOak Capital Balanced Advantage Fund

WhiteOak Capital·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50

WhiteOak's balanced advantage fund has shifted decisively toward financials and fixed-income stability, with banking stocks now commanding over 15 percent and AAA-rated securities doubling their footprint. The sharp 4.4 percent jump in Clearing Corporation indicates conviction in India's settlement infrastructure, while trimming cyclical names like Vedanta and Hero MotoCorp suggests the manager expects moderating growth. At 66.5 percent equity, the fund maintains growth exposure but signals defensive positioning through defensive sector picks like Nestle and renewed emphasis on credit-quality debt.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹14.0520	+0.12%	-2.83%	-4.49%	+0.27%	+11.02%	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

143

Top 5 Weight

22.88%

Top 10 Weight

34.22%

Active Share

—

Large Cap

46.35%

Gini

0.543

What Changed2026-03-31 → 2026-04-30

Holdings: 143 → 146+14 added−11 removed26 weight shifts ≥ 0.1%

Stock	Sector	Weight
SBI Cards and Payment Services Limited	Finance	0.46%
PNB Housing Finance Limited	Finance	0.16%
Gillette India Limited	Personal Products	0.15%
Clean Max Enviro Energy Solutions Limited	Power	0.01%
Brookfield India Real Estate Trust	Realty	0.74%
Knowledge Realty Trust	Realty	0.26%
Vedanta Aluminium Metal Limited **	Miscellaneous	0.23%
Malco Energy Limited **	Miscellaneous	0.04%
Talwandi Sabo Power Limited **	Miscellaneous	0.01%
Vedanta Iron And Steel Limited **	Miscellaneous	0.01%
7.77% Bajaj Finance Limited (17/04/2029) **	CRISIL AAA	1.85%
7.44% National Bank For Agriculture and Rural Development (17/07/2029)	CRISIL AAA	1.06%
6.48% Government of India (06/10/2035)	Sovereign	0.84%
8.4% Cholamandalam Investment and Finance Company Ltd (18/09/2027) **	ICRA AA+	0.47%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	ICICI Bank Limited INE090A01021	Banks	EQUITY	6.35%
2	HDFC Bank Limited INE040A01034	Banks	EQUITY	5.22%
3	Clearing Corporation of India Ltd		CASH_EQUIVALENT	5.09%
4	Bharti Airtel Limited INE397D01024	Telecom - Services	EQUITY	3.59%
5	Nexus Select Trust - REIT INE0NDH25011	Realty	REIT_INVIT	2.63%
6	Cigniti Technologies Limited INE675C01017	IT - Services	EQUITY	2.43%
7	Embassy Office Parks REIT INE041025011	Realty	REIT_INVIT	2.40%
8	Nestle India Limited INE239A01024	Food Products	EQUITY	2.31%
9	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	2.16%
10	Mahindra & Mahindra Limited INE101A01026	Automobiles	EQUITY	2.04%
11	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	1.90%
12	7.77% Bajaj Finance Limited (17/04/2029) ** INE296A07TW7	CRISIL AAA	DEBT	1.85%
13	Bharat Electronics Limited INE263A01024	Aerospace & Defense	EQUITY	1.81%
14	Eternal Limited INE758T01015	Retailing	EQUITY	1.73%
15	State Bank of India INE062A01020	Banks	EQUITY	1.63%
16	7.02% Government of India (18/06/2031) IN0020240076	Sovereign	DEBT	1.44%
17	Maruti Suzuki India Limited INE585B01010	Automobiles	EQUITY	1.44%
18	7.3763% Bajaj Finance Limited (26/06/2028) INE296A07TJ4	CRISIL AAA	DEBT	1.38%
19	Titan Company Limited INE280A01028	Consumer Durables	EQUITY	1.28%
20	Cholamandalam Investment and Finance Company Ltd INE121A01024	Finance	EQUITY	1.27%

Sector Allocation

Banks15.7%

CRISIL AAA11.4%

Realty6.4%

Sovereign6.3%

Finance5.1%

Telecom - Services3.6%

Automobiles3.5%

Pharmaceuticals & Biotechnology3.1%

Retailing2.7%

Consumer Durables2.6%

Top 10 sectors by % to NAV. Excludes derivatives.