WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital·ELSS - Tax Saver Fund·vs Nifty 500 TRI
WhiteOak's ELSS fund remains heavily anchored in financial stocks, with banks commanding over a fifth of assets, signaling conviction in India's lending cycle. The manager trimmed cyclical exposure by exiting energy and renewable plays while adding niche picks in paints, specialty chemicals, and fintech, suggesting a tactical shift toward consumer staples and defensive micro-caps over macro-driven sectors. The modest cash buildup and concentrated top-10 holdings at 37 percent indicate selective conviction rather than broad-based optimism.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹16.6270 | +1.47% | -2.83% | -7.90% | -0.74% | +17.30% | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
137
Top 5 Weight
25.00%
Top 10 Weight
37.27%
Active Share
—
Large Cap
53.62%
Gini
0.528
What Changed2026-03-31 → 2026-04-30
Holdings: 135 → 138+9 added−6 removed25 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Kansai Nerolac Paints Limited | 0.30% |
| Aether Industries Limited | 0.25% |
| Corona Remedies Limited | 0.22% |
| Aye Finance Limited | 0.03% |
| Clean Max Enviro Energy Solutions Limited | 0.01% |
| Vedanta Aluminium Metal Limited ** | 0.28% |
| Malco Energy Limited ** | 0.04% |
| Talwandi Sabo Power Limited ** | 0.01% |
| Vedanta Iron And Steel Limited ** | 0.01% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.01% |
| 2 | HDFC Bank Limited INE040A01034 | 6.27% |
| 3 | Bharti Airtel Limited INE397D01024 | 4.27% |
| 4 | Nestle India Limited INE239A01024 | 3.56% |
| 5 | Reliance Industries Limited INE002A01018 | 2.89% |
| 6 | Bharat Electronics Limited INE263A01024 | 2.67% |
| 7 | Kotak Mahindra Bank Limited INE237A01036 | 2.52% |
| 8 | Mahindra & Mahindra Limited INE101A01026 | 2.51% |
| 9 | Eternal Limited INE758T01015 | 2.32% |
| 10 | Clearing Corporation of India Ltd | 2.25% |
| 11 | State Bank of India INE062A01020 | 2.16% |
| 12 | Maruti Suzuki India Limited INE585B01010 | 1.77% |
| 13 | Titan Company Limited INE280A01028 | 1.73% |
| 14 | JB Chemicals & Pharmaceuticals Limited INE572A01036 | 1.50% |
| 15 | Muthoot Finance Limited INE414G01012 | 1.37% |
| 16 | Persistent Systems Limited INE262H01021 | 1.23% |
| 17 | Aadhar Housing Finance Limited INE883F01010 | 1.23% |
| 18 | Hindalco Industries Limited INE038A01020 | 1.21% |
| 19 | Max Financial Services Limited INE180A01020 | 1.17% |
| 20 | Bajaj Finserv Limited INE918I01026 | 1.12% |
Sector Allocation
Banks21.5%
Finance8.2%
Pharmaceuticals & Biotechnology5.2%
Consumer Durables5.1%
IT - Software4.8%
Automobiles4.3%
Telecom - Services4.3%
Retailing3.9%
Food Products3.7%
Petroleum Products2.9%
Top 10 sectors by % to NAV. Excludes derivatives.